Matrix Plan MLM Software
"What is Matrix MLM Software?"
Matrix plan is one the most popular plans among various MLM companies which helps in organizing various essentials.Under this members are arranged in a form of pyramid. This particular plan has a limited width and length, so understanding the features is important to use the plan appropriately.
What is Matrix Plan?
Matrix MLM Compensation Plan is one of the primary plans in Multilevel Marketing Business. In Matrix MLM plan, the down lines are arranged in fixed width x height matrix i.e. (W x H). This plan is referred as forced matrix plan where one distributor can grow his team within limited numbers of down line members. Matrix MLM plan is popular plan among the MLM companies which helps in organizing various essentials. It is also known as “the ladder Matrix MLM Compensation plan or forced matrix plan”. Matrix Comp Plan is similar to a pyramid where the members are arranged in a particular manner. It is one of the most important unilevel plans which owe specific features. This unique featured plan has a limited width and length, so understanding the features helps in using it appropriately. Our MLM software helps to organize and understand the concept more easily. The matrix compensation plan supports in extending the tree as per the requirement and this comes with multiple features.
How does Commission Calculation Work?
The distinct feature of a matrix plan is its limited width. Unlike other MLM compensation plans, matrix restricts the number of distributors you can sponsor on your first level, usually to less than five. The most commonly used matrix MLM plans are: 2 x 2, 4 x 7, 5 x 7, 3 x 9 and 2 x 12. The Multi Level Marketing software plan allows the tree to grow with a depth and width of ‘width X height’ and as per the plan, the members are placed in a particular order. Based on the width of the plan it is easy to locate the number of forefront members. There are many advantages which turn the plan support in earning better productivity, especially for the one who pick this as a part-time distributor. An efficient software will help the business to manage all the parameters of a Matrix compensation. MLM Matrix Plan Calculator/ Forced Matrix Calculator can be used to determine specific commissions for multi level marketing. Also, MLM Matrix Plan Calculator will help to predict your monthly Multi Level Marketing income based on your recruitment, sales volume and so on. In the Matrix MLM Plan, there are different types of compensation that are used to increase the stability of the Matrix structure and to make the team active. We offer the customized Matrix MLM Software/Forced Matrix MLM Software to monitor your every plan from a single interface. Infinite MLM Software provides you fully featured MLM Software for Matrix MLM Plan.
Bonuses in Matrix Plan MLM Software
Through this Matrix Plan, one can easily keep their business activities more active, wherein it becomes easier for user to grow the scope and profitability of their business on a wider scale.
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.
In Matrix Plan, the level commission is the amount of profit or bonus that people earn by adding new members. This works when the first three members add new users and gain sponsor bonus and the next level members add three new users to earn some other bonus. This Bonus is depends on the MLM compensation plan and can be extended till the Nth level.
A Matching Bonus in Matrix plan depends upon the compensation plan. Here, the matching bonus received by the sponsors based on the earnings of referred downline members. For e.g. if the percentage of matching bonus is 10%, and one A member sponsors another member name B; When B earns any commission or reward, the sponsoring distributor A would earn an amount of 10% as matching bonus of the downline member B.
This Position Bonus is an opportunity to earn additional income. A member qualifies for the position bonus when any team members recruits new members and they join within their matrix. For E.g. Suppose there is 4 x 4 matrix structure, a member member will earn the position bonus if a new member joins with in 4 levels of the tree. The percentage of position bonus can be changed from backend admin panel.
Matrix Bonus is an extra bonus to explore the business and to give extra income to the members in the system. The members eligibles for this bonus when the matrix is filled with downline members. For e.g., if the Matrix Plan structure is 3 x 3 matrix, the member will have to recruit 3 members on the first level, 9 members in the second level and 27 in the third level.