The board plan is otherwise known as the Revolving Matrix Plan or Matrix Cycle Plan. This plan affords you the chance to gain from the effort of all other board members. This is because a specific member is entitled to a bonus or commission every time a Board/Matrix Cycle entry is finalised.
Board Plan MLM Software
The board plan is otherwise known as the Revolving Matrix Plan or Matrix Cycle Plan. This plan affords you the chance to gain from the effort of all other board members.
How does the Board MLM Plan work?
The way the Board MLM Plan works is simple. You, however, have to understand it for you to be able to maximise it efficiently. A blank board is usually given to you when you join this Cycle Plan and is required that you fill in your associates. The Board plan is limited in both width and depth depending on your choice of a cycle. You might be allowed sponsorship of just two members on the first level and then with only a depth of two levels, you will have a completed matrix of six members and you will be compensated.
Board Plan Compensations
A few compensation and bonuses make this plan an exciting offer to explore. These bonuses include
Referral Bonus
This is earned when new members are recruited by sponsors thereby providing the commission to the users for sponsorships and reference.
Matching Bonus
This is earned or received by a sponsor when a downline receives bonuses. It comes in a certain percentage as is stated in the company rule and policies. Our Board MLM Plan software enables you to manage and alter the rules to suit any business administrator.
Level Commission
The level commission is usually estimated from the hard work put in by downline members. For this reason, the level commission is a better option when the users or sponsors have active downline members which will eventually enable them to reap quality amount as bonuses.
Position Bonus
Members are able to gain bonuses when new members are recruited to the downline. Also, the position bonus can also refer to the bonus or commission a sponsor gains as a result of the efforts or achievements of downline members.