Comparison of Unilevel and Matrix compensation plan – MLM software Chennai
A multi-level marketing business(MLM) or network marketing is a tiered, commission-based business. Here, sales associates not only sell the product themselves but if other sales representatives join the company beneath a sales associate, the sales associates also earn a commission every sale the new sales representative makes! Thus, in MLM business there are two possible income streams: Their own sales, and a percent of the commission made from other sales representatives! What are MLM Business plans? MLM compensation plans decide when and how much commission should the independent distributors should be provided in a network. The various compensation plans in existence are Binary, Unilevel, Matrix, Hybrid, Generation MLM Plan, etc. Calculation of compensation and payouts become more complex when more members are added to the network. A perfect MLM software would definitely help you in dealing with all this smoothly. Unilevel MLM Plan A Unilevel MLM Plan is