The Binary Compensation Plan is the most popular, reliable, and highly-profitable plan for users and owners equally in the MLM software industry. FinoForce is one of the top MLM software companies in India that offers affordable binary plans for MLM companies.
How Does Binary MLM Plan Works?
In this plan, each member at level one has to recruit two other sponsors or distributors to join the Binary Plan. The level is split into two legs – right and left. Each leg is then branched out into two more networks or legs, and it continues in the similar fashion. If a member recruits more than two distributors, the new joiner will be added to the next available leg. The process is called spillover, and the leg is termed as the power leg. The compensation of the new members will be shared among the entire power leg, irrespective of who recruits them.
How is the Commission Calculated?The leg with more members is called the Power Leg, and the leg with fewer distributors is the Weaker Leg.
In the Binary MLM software compensation plan, the commission is determined based on the points earned by the Weaker Leg. Here, the compensation is not calculated based on the number of levels but as per the total points earned.
Therefore, if the Weaker Leg earns 1000 points and the Power Leg earns 2000 points, the commission will be 10% of 1000 points, which shall be distributed among all the sponsors equally.
FinoForce Customizable Binary Compensation PlansTo make sure your sponsors are active and motivated to earn more points, we can customize the Binary MLM software that works on your own rules. It also enables changing or modifying the existing plan based on company bonus and income rules.
For instance, to inspire the Power Leg sponsors to stay active, you can create a Pairing Bonus. You can also create Referral Bonus, Spill Network Income, Royalty Income, Matching Bonus, and other incomes and bonuses with our Binary MLM software application.
Advantages of MLM Binary Plan:Most Indian and other Asian MLM organizations prefer Binary Plans for its simplicity and easy-to-calculate income. Its promising benefits are:
- All you have to keep in mind is getting two distributors.
- No matter how deep the downline network goes, a distributor will receive income from all the levels in the leg.
- Customize your Binary Plan to maintain the interest of power leg sponsors.
- While the minimum requirement is two distributors, a member can add as many as they want to raise the income or bonus bar.
Explore the benefits and efficacy of Binary MLM Plan in your Business – Contact our MLM Consultant for a Free Demo.