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How does the Binary MLM Plan work?

How does the Binary MLM Plan work?

A Binary compensation plan requires each member to recruit and sponsor two other members to join the plan. This can potentially lead to a fast expansion of the network in a relatively less amount of time.

In the front line of the binary network marketing plan, there will be two legs, Left and Right. However, if a recruiter hires more than two members, the new member will be added to the next available position in the power leg. This allows a new member to be shared between all downline’s power leg, nevertheless of who recruited them. This process is known as spillover. But in the case of the profit leg, there will be no spillover because the profit leg will only grow with the individually sponsored downlines.

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Bonuses in Binary MLM Software

In the Binary MLM Plan, three types of bonuses are used to increase the stability of the binary structure and to make the team active.

We offer the customization of Binary MLM Software to accommodate your requirements in the compensation plan.

Introducer or Sponsor Bonus

The introducer bonus or sponsor bonus or a referral bonus is the profit which the user gains by recruiting new members to the downline network. For every direct referral, a user or recruiter will get paid with the referral bonus. The sponsor bonus will be calculated based on the percentage of the predefined amount by the company.

Pairing Bonus

The pairing bonus is the paid amount after completing the binary tree, i.e, gaining the bonus based on the downline members’ sales. The maximum pairing bonus will be calculated by the plan you choose and the rules are fixed by the company.

Binary MLM Features

Easy Customization
E-commerce
Multi Language
Multi Currency
Binary Compensation Calculation
Promotional Tools
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System Settings In Binary MLM Software

Configure with the various system settings available in our Binary MLM software and customize as per your requirements to manage MLM business effectively with our Binary MLM software.

Look at the following system settings in Binary MLM software

General Settings

General settings can be used to set the registration amount, service charge percentage, purchase wallet commission percentage, transaction, TDS% for a tax deduction. Set the time for automatic log out of the software, Enable two-factor authentication and you can also enable the settings to skip bonus for blocked users.

Compensation Settings

Configure the different types of compensations like binary commission, level commission, referral, rank, matching bonus, pool bonus, performance bonus, fast start bonus, repurchase sales commission by enabling the required compensation plan. For example, set the calculation period, calculation criteria, pair type, ceiling period, commission type whether it is a flat or a certain percentage, commission criteria for each commission.

Payout Settings

Set the max/min payout amount, whether it is a flat or a certain percentage as payout fee, payment method like manual payout by admin, or payout by user request, and you can also enable the mail regarding payout status.

Payment Method Settings

Enable/Disable the different payment methods like PayPal, E-Pin, E-wallet, Payeer, Bank Transfer, Blockchain, and many more in our MLM software. Configure the payment gateway by providing an API username/password, API key, other settings required for integrating payment gateway.

Binary Tree Setting

Set the tree icon based on the profile, or member status, or membership package, or rank and enable tooltip like first name, date of joining, right, left, left carry, right carry, GV, PV, rank status, etc required for the setting a tree.

E-Pin Settings

Set the total number of E-Pin allowed in the system and the E-Pin amount to be added to the system. You can also set the E-Pin character like numeral, or alphabet, or alphanumeric.

Currency Settings

Enable/Disable any currency allowed in the system and set any currency as default. Configure the currency title, currency value, currency code for any specific currency.

Advantages of Binary Plan

1

SpillOver

Getting a new member shared between all ancestors in the power leg allows mutually benefit and encourages everyone to attempt to recruit new members and make way to extend the binary plan.

2

Unlimited Depth

You can build your network in any depth you want and every member in the upline is guaranteed to gain profit from successful sales.

3

Fast Expansion

Each member needs to recruit only two new members that potentially leads to fast expansion.

4

Volume Driven Plan

Binary plan ensures to pay more to the distributors who bring the orders.

5

Multiple Business Centers

Binary tree is a recursive data structure so that the Binary Plan allows multiple business centers for the MLM to be created.