MLM plans are essential to any MLM business, each of them has their own advantages. We have designed our WP MLM Plugin to accommodate all major plans used by major network marketing companies around the world.
Here is a list of MLM Plans that are widely adopted around the world.
Gift MLM Plan
Party MLM plan is an alluring and convivial plan where products are sold and new recruits are inducted through social gatherings.The party can last anywhere between 60 and 90 minutes. The hostess will make a crisp presentation and then, the gathered guests will be given opportunity for sampling and seeing the display of products.The hostess will serve refreshments in the interim. The guests choose the products they like and place orders. They are free to choose any mode of payment as they please like cheques,credit cards, debit cards etc and the hostess receives the commissions as per the policy set by the company. Cosmetic products, kitchen utensils, lifestyle products, health care products etc are sold by Party MLM Plan.
Binary MLM Plan
A Binary Plan is a two Legged structure used in Multi Level Marketing where the each new distributors or members are placed in either left (Power leg) or right subtree (profit leg). In a binary plan, each member is required to sponsor two other members to join the plan. Which leads to the fast expansion of the plan in a very less amount of time. However, if a recruiter hires more than two members, the new member will be added to the next available member in the power leg. This is called a spillover. This allows a new member to be shared between all downline’s power leg, nevertheless of who recruited them.The commissions are calculated on the basis of business volume and not levels.
Stair Step Plan
In a stair step plan, representatives are responsible for both personal and group sales. Volume is created by both retailing products and by recruiting new downline members.Any representatives with one or more downline members is called a group leader. He is given various rebates and concessions.Once a predefined ( group/personal) volume is attained, a representative moves up a step. This continues till representative breaks away from their upline. The pay scale is based on product being moved and volume being generated in your company.The more the volume in an organisation,the higher the percentage the member will be paid.When the volume rises, the pay percentage also rises, essentially following stair upwards through the pay ranges.
Board MLM Plan
In this plan, the members work in entities called boards. These boards have a predefined number of members as per the policy of the company. The boards can have anywhere between 3 to 9 members and all the members in a board is rewarded with bonuses once the said number is fulfilled. When all the places in a board is completed, the member at the top moves up and will be rewarded handsomely.The active members in the network can work their way up while those members who are inactive may find it difficult to survive.This plan is also called Revolving Matrix Plan/Matrix Cycle Plan.
Australian Binary Plan
The plan is called by various names including Straight Line Plan, Linear Plan,Single Leg Plan or One Legged Pay Plan. If you are a member under this scheme, everyone in the network is helping you succeed, irrespective of the upline and downline distinction. In fact, by the time you start, the entire company comes underneath you and are monetarily tied to you. They would be making half of the money you will ever make, thereby building your business for you. The structure of the plan goes in one straight line. Everyone who joins post your joining will become your downline. There will be various joining packages and an affiliate will earn commission based on the joining package his successors choose. The affiliate will also “cycle” up and down the line when ‘X’ new members are put in the downline and will earn commission by doing so. The plan is relatively easy to operate both for the admin and the members since there are no branches or levels to be filled. The entire plan consists of a straight line going down.