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A board MLM plan is most commonly used by all network marketing companies who want to maximize the business profit and the efforts of distributors. Here, a group of individuals is referred to as the board and when it reaches a threshold point, it is split into two sub-boards. And these sub-boards form a new board separately for those members who have no positions in the previous group. This idea is often referred to as a revolving matrix plan.
Generally, when people join the plan as a member, they need to recruit new members as their downlines to fill vacant places on the board. Each company has a different compensation structure, downline size, and bonus criteria.
Compensation in the Board MLM Plan
In this Plan, the compensation is high and distributors are rewarded for their efforts. Here are the bonuses listed below that are offered by the MLM companies
Referral Bonus: Sponsors receive compensation for every referral they made.
Matching Bonus: Sponsors get paid a commission based on how much their referred downlines make.
Level Commission: Based on downline sales, active distributors receive a fixed amount as level commission.
Position Bonus: After adding a new member as a downline, the distributor receives a bonus.
This plan offers more extensive rewards than other plans in the Multi Level Marketing industry in addition to the above-said bonus. And individuals pay more attention to the width and depth in order to receive the commission when a board has gone through a full cycle with assigned members. Besides, Board Plan MLM software can streamline system operations and keep track of every action made by the distributors and admin of the network.
Meanwhile, each product is developed using cutting-edge techniques by ARM MLM, a well-known software provider with years of experience in the network marketing industry. We provide the most reliable solution for your network marketing business to streamline all the processes. Our experts can help you modify MLM software with suitable compensation plans that fit your company's requirements. Get a free demo to better understand the software features and its functions!
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