Binary Multi-Level Marketing (MLM) Plan comprises pairing of two individuals and binary will have two legs, left and right. Individuals joining in numbers more than two individuals will join spill over, that means, they can join on Power Leg or Strong Leg and Weak Leg. Binary formation compensations are released on the base idea to build equivalent volume on each leg.
Advantages of Binary consists of its very rapid volume growth and extremely rapid sales. Binary formation produces infinite depth and hence, distributors are paid over a long period with sizeable incentives. Therefore, Binary produces advantages on both fronts. On one hand, sales volume is good which is advantageous for management and on other hand, good commissions for the distributors for promoting product is also a favorable feature.
A proper MLM Software Demo is also first provided to entrepreneur before a standardized binary plan is fixed to be implemented.
There are 4 Types of Binary :
1. 1/3-2/3 Plan
2. 1:1 or 50-50 Plan
3. Power Leg Plan:
4. Weak Leg Plan
1/3-2/3 Binary MLM Compensation Plan :
1/3 or 1:3 Plan: Distributors gets Commission or compensation to leg which has 1/3 points. It means commission on the basis of volume on one’s weaker leg of his downline and leg with 2/3 volume will not be considered for time being for commission for specific period
1/3 or 1:3 Plan: Distributors gets Commission or compensation to leg which has 1/3 points. It means commission on the basis of volume on one’s weaker leg of his downline and leg with 2/3 volume will not be considered for time being for commission for specific period
2/3 or 2:3 Plan: Distributors gets Commission or compensation to the leg which has 2/3 points. It means commission on basis of Volume on one’s weaker leg of his downline and leg with 1/3 Volume will not beconsidered for commission for a specific period
1:1 or 50:50 Binary MLM Compensation Plan :
1:1 or 50:50 Plan: Maintenance of equal volume or points are necessitated bydistributors on each leg to gain compensation or commissions for that fixed specific period.
1:1 or 50:50 Plan: Maintenance of equal volume or points are necessitated bydistributors on each leg to gain compensation or commissions for that fixed specific period.
For instance, if we have a total unpaid volume or points of 600 then it means that it should be equally distributed, that is, 300 on each leg to earn that period’s commissions.
Power Leg Binary MLM Compensation Plan :
Power Leg Binary MLM Compensation Plan :
In this type of compensation plans, distributors will have volume or points on either leg to get commissions for that fixed specific period.
For instance, if, in this plan, we have total unpaid volume or points as 500, and he maintains 400 points on one leg which is like 75% on leg and 25% on another leg, it can be even zero that he gets paid. They do not have to maintain any minimum conditions to earn commissions.
Weak Leg Binary MLM Compensation Plan :
Distributors will get an incentive on volume or points on either leg to get compensations or commissions for that fixed specific period.
For instance, if, in this plan, we have total unpaid volume or points as 500, it means that if he maintains 400 Points on one leg which is like 75% on leg and 25% on another leg, it can be even zero he gets paid. They do not have to maintain any minimum conditions to earn commissions.
Binary Pairing Cap :
In MLM Binary Plan, administrators or management creates a mechanism known as capping. This capping helps in forecasting earnings and the risk of giving away excessive commissions is averted. Pairing in excess of limit provided for capping is subsided from system or carried over to next fixed specified period. If pairing is subsided after reaching the threshold value, then it is called as Flush and if it is moved to next fixed specified period then it is called carry over.
Binary MLM Pairing Bonus :
In Binary MLM Compensation plan a bonus is provided when pairing occurs under each person and such bonus is known as pairing bonus. Networking marketing companies pay pairing bonuses to distributors for downlines placed under their direct downlines.
Binary MLM Matching bonus :
This type of bonus known as matching bonus is given to rejuvenate recruiter with some motivation incentive. Matching bonus is also there for achievement of a certain number of recruits by distributors on their downline.
This binary MLM Matching bonus is also an incentive given for enrolling recruits, recruited at a personal level.
Hybrid Binary MLM Software Plans :
In the multi-level marketing each procedure has certain advantages and few disadvantages and hence a strong Binary can add to Unilevel or Matrix Plan. In Binary Direct Active sponsors earn much less as compared to what they will earn from other plans like Unilevel plans and other disadvantages include leg balancing, capping and other demerits. There is so many losses for distributors and so to mitigate this loss hybridizing the Binary with other Plan will bring merits to overall MLM Binary Plan. This form of planning is Hybrid MLM Binary Software and this plan thereby attracts more investors, distributors, and stakeholders.
The various compensation plans require proper demonstrations and hence MLM Software Demo is provided by every software service provider. If a networking business entrepreneur wants to start his/her business with MLM Binary Plan, he/she searches out for the proper plan from software service providers.
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