Multi-level marketing (MLM), MLM Software, MLM businesses

Multi-level marketing (MLM) is a controversial marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant’s “down line”, and can provide multiple levels of compensation.

Other terms used for MLM include pyramid selling, network marketing, and referral marketing. Many pyramid schemes attempt to present themselves as legitimate MLM businesses.


Some sources define all MLMs as pyramid schemes; even if they are legal.MLM is illegal in mainland China. According to the U.S. Federal Trade Commission (FTC), some MLM companies constitute illegal pyramid schemes which exploit members of the organization.

 

MLM is one type of direct selling. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. MLM salespeople not only sell the company’s products but also encourage others to join the company as a distributor.

Benefits of MLM Software:

  • MLM Software will be Stable, Reliable and will support your growing business needs.
  • Our MLM Software will greatly integrate with other application such as Ecommerce Portal, accounting software, billing software and will provide substantial ROI.
  • This software will help you to improve Member Loyalty and Retention.

Binary Spillover MLM, MLM Spillover, Matrix Plan

Binary Spillover MLM Plan:

The word spillover means an act of flowing over or spilling over. The Spill-Over Binary Plan also comes under the category of Binary Plan. Network marketing compensation plans have the possibilities for spillover like the binary plan and Forced Matrix Plan.

By knowing more about MLM spillover, we come across the term binary plan. MLM spill over is similar to a Binary Plan. When we join in MLM, an organization has to be made.

This should be under our up line or sponsor. An organization is divided into two. There should be a left side and the right side for the business group. For each side, we have a person in the first stage. When the positions become complete we can continue to recruit new down line members.

 

Pros of Binary MLM Plan:

 Although the Binary Compensation set up isn’t the most moneymaking plan, rather like all different compensation structures this model will supply the potential to earn very high financial gain if you’re willing work hard. With the confirmatory teamwork, this compensation plan ensures your success.

Websoftex Software Solutions Pvt. Ltd., MLM Software is outcome of a blend of innovative ideas and experiences of both accomplished software engineers and sincere hardworking users.

Websoftex serves its clients on principle that; it must deliver whatever client is asking. After experience of 10 years, Websoftex has a team of proficient developers who are open to ideas. Hence each software gets upgraded day by day.

BINARY MLM PLAN:

A binary plan is an organizational structure used in multi-level marketing (MLM) organizations. In this structure, new members are introduced into a Binary Tree where each “node” or new member of the organization has a left and right sub-tree.

 

Considered one of the simplest of the popular marketing compensation plans, binary plans began to be introduced by MLM companies in the late 1980s and became one of the four most commonly used organizational structures by the early 2000s

 

The Binary Plan as the name suggests is based around the number 2, which represents the maximum number of frontline associates that any business centre can have. Any additional distributors must then be placed under one of your existing frontline members.

 

This creates a very supportive environment for new members as the easiest way for associates to achieve success is by assisting their new members to build their organizations. This team approach makes the binary plan very attractive as there is a lot of support (both initial and ongoing) as all associates within your organization work towards achieving a common goal.

 

Structure:

In each sub-tree of a binary plan, there is an outside leg, also known as a power leg, and an inside leg, known as a profit leg When new distributors are recruited, they are always placed underneath their recruiter, typically in the next available node in the power leg, even if the recruiter does not have any leaf nodes left. This contrasts with the profit leg which is typically filled with members who have been directly sponsored or enrolled by their immediate ancestor.

 

Another element of a binary plan is that it makes each member only responsible for recruiting and sponsoring two other people to join the plan, which can potentially lead to a rapid expansion of the plan in a short amount of time[with a potentially unlimited number of members.

However, if a recruiter successfully recruits more than two people, the new addition will be added to next available node in the power leg. This allows for the profits from gaining a new member to be shared between all ancestors in the power leg, regardless of who recruited them, which is a process known as spillover. This helps foster a team-like dynamic within the binary plan as it encourages collaboration between different members as they all mutually benefit from adding new members.

 

Due to the nature of a binary tree being a recursive data structure, a binary plan allows for multiple business centers for the MLM to be created, which cannot be done in the other three commonly used network marketing compensation plans, which allows for a more international group of people to potentially become members of the plan.

 

When compared with other MLM plans, binary plans have a lot of benefits, such as:

Fostering Teamwork: As both a member without recruits or a “child” and their recruiters both get the same benefits from successfully recruiting new members, the recruiters are more likely to help them to strengthen their sub-trees, allowing for the child to learn about sales and recruitment. Furthermore, due to flushing, a binary plan gives incentive to companies to try to keep all the legs of the operation at a high level, not allowing for certain sectors to lag behind.

 

Spillover: The profits of gaining a new member are shared between the entire high-line, which encourages everyone to attempt to recruit new members and make the binary plan larger.

Near- Depth: Due to the way that the Balanced Volume (BV) calculates payout, every member in the up-line is guaranteed to get some profit for a successful sale unless if the organization gets large enough that the net payout is negligible.

 

Rapid Expansion: As each new member only needs to recruit two other

Volume-based pay structure: In a binary plan, distributors who bring orders are guaranteed to be paid more for them which is not true for other major MLM compensation systems.

Binary MLM Income, Distributor Panel, Administrator Panel

Website Design includes:

  • Home Page (logo, Banner images, Description, achiever list,news)
  • Login (separate panel for members)
  • About Us (about company with image)
  • Business Plan (business plan with animation)
  • Products (tabular detail with image, price, product name)
  • Legal (company registration form, PAN card, other legal documents)
  • Photo Gallery (achiever photos/event photos)
  • Terms and Conditions (term and conditions for members)
  • Join now (online joining option for new members)
  • Contact us (company address with phone, mobile and email id)
  • Responsive website design (easy reading and navigation with a minimum of resizing, panning, and scrolling (from desktop computer monitors to mobile phones).

Join Now Page Includes:

  • Option for join now via E- Pin , Payment gateway like CC Avenue , Pay U Money
  • SMS Integration on joining
  • Email integration (welcome email to new member’s email)

 

Distributor Panel Includes:

  • Dash Board (User Home Page)
  • Profile (User details)
  • Welcome Letter(formatted welcome letter)
  • Edit Profile (change basic detail )
  • Change password (change login password)
  • Bank modification (change bank a/c with Trans. P wd)
  • Transaction password (change Transaction password)
  • Genealogy ( Tree view)
  • Genealogy count ( left and right Joining Count, Repurchase Count)
  • Downline members ( Left and Right Leg members)
  • Direct Members (list of direct members)
  • Search Id (search member in downline)
  • Repurchase/Top up option
  • Daily pair details (current tentative payout before closing)
  • Reports (Binary income, Referral income, Growth income, Royalty income etc..)
  • Payout (Daily , 3 Days , Weekly, 15 days , Monthly)
  • Statement, Voucher (printable payout Voucher)
  • E- Pin Management (Pin Bank , Pin Transfer , Pin History, Pin Request)
  • E-Wallet*(purchase E- Pin from member’s balance, Withdraw, Top up )
  • Logout(logout from current member)

 

Administrator Panel Includes:

  • Admin registration ( Multiple Top ID creation)
  • Client View Registration ( All customer login report with Excel)
  • Direct Members list ( referral members)
  • Change upline (Sponsor Change option)
  • Settings (Member View profile, Edit Profile, Change password)
  • Search ( User id , User name , Mobile No , Package, Date wise)
  • Franchise management ( Add franchise , view franchise)
  • E – Pin Management (Generate Pins , Assign Pins, Active Pins, De-active Pins)
  • E – pin reports ( Used Pins , Unused Pins, Assigned Pins , Deactivate Pins Report)
  • Reports (Binary income, Referral income, Growth income, Royalty income etc..)
  • Payout (daily/weekly/monthly as per your plan)
  • View Payout (closing wise statement, view details, Voucher, Paid status)
  • Payout In Excel for NEFT or Bank transfer
  • SMS Integration on payout
  • Id wise payout Status (Payment status of Member Id )
  • TDS Report (TDS deduction of member)
  • Total income Report
  • E-Wallet Status (purchase E- Pin from member’s balance, Withdraw, Top up )
  • Repurchase Management ( Create category, Create Product)
  • Gallery management ( Create Album , Add photo, Edit/view photo, delete Photo)
  • News management ( Add news, Add Scroll news, view/edit news)
  • Achievers Management ( Add Achiever)
  • Awards Management ( Eligible Award member Paid/Unpaid Status)
  • Promotion List (promotion wise member list)
  • Messages ( Compose , inbox , Sent items )

Properties of Binary MLM Plan

  • Binary MLM Plan is very well know and familiar Plan introduced by many Multi Level Marketing companies in MLM world, because of its easiness to understand for new joining members and easy to explain by the MLM marketers for their customers or members.
  • In Binary MLM Plan pair matching may be 2:1 or 1:2 and the next pair onwards 1:1 bases. It means the Multi Level Marketing companies can vary their profit sharing ratio amongst their company customers or joiners.
  • Every MLM Company can advertise their business by growing one side new joiners called the Power Leg for their customers.
  • With Binary Plan the MLM companies can introduce other type of money earning options for their members or disturbers like Re-purchase facility, DTH recharge facility, Mobile recharge facility and many more features with Binary MLM Plan.
  • Lots of money earning options with Binary MLM plan for both members and MLM organizations.
  • Multi Level Marketing organizations can introduce binary pair capping options, Hence profit sharing can be controlled through binary pair capping.
  • Binary plan commission can be released on daily payment, weekly payment or monthly payment basis depends upon the MLM company concept or company Business Plan.
  • Web based Application
  • 100% Cost-Effective
  • 24/7 Real–Time Access
  • User-Friendly Interface
  • Accuracy & Consistency
  • 24/7 Tech Support

Benefits of Binary MLM Plan

Below are some of benefits and features of binary MLM plan:

  • Binary MLM Plan is the most moving Plan among all types of MLM pay plans because of much more payouts.
  • Binary MLM Plan pays for infinite downline members. That means that a member will be paid by is downline member, even upto 15 level depth in his binary tree structure.
  • In binary MLM plan, your sponsor member will place their new joining members under you into what’s called the power leg. This is called as spillover method. Your power leg will grow automatically.
  • Binary plan is great plan for maintaining team work in MLM world. It plays a vital role for you and your downline success. This builds a good team unity.
  • You only need to concentrate on building your own business that is you’re “Profit Leg”. The other leg of you downline tree structure or “Power Leg” is easily and automatically being built by those above you in your company tree structure, and are more experienced then you.
  • The starting Binary Compensation MLM Plan is very easier to understand and maintain qualifications for other plans created before its’ establishment or formation.
  • Binary Compensation MLM Plans help the average and more than the average network marketers to achieve success in the MLM world, and realize the potential of financial freedom.

Most Familiar and Easiest MLM Plan is Binary MLM Plan

 

The Binary Plan is very well known and easiest MLM Plan around MLM world who wants to make easy money from their location or work places.

 

In MLM (multi-level marketing) network or world where new comers join into Binary Tree structure i.e. one on left member and another on right member in the sub-tree. Usually, one side sub-tree is referred to as Power leg and the other side is called as Profit leg.

 

Power leg grows with new member joining, even introduced by previously enrolled member. New members in the power leg placed under a leaf available position of the binary tree, when a member works to grow his binary tree structure under Profit leg, some commission is calculated and disturbed by a formula using certain value matched with Power leg that may be 2:1 or 1:2 next pair onwards 1:1.