Multilevel Marketing Software Company Chennai India

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

Unilevel MLM Plan This is one of the easiest MLM plans to understand. In this Unilevel MLM plan , the distributor is free to recruit as many members as he wants to and all of them will be recruited in his front line. the same compensation ( commission) and the commissions are paid up to a fixed level to all the members at the same level, depending on the company policy. Members receive the commissions up to 5 to 7 levels deep. The marketer who works in a Unilevel MLM network will get the following commissions. Sponsor bonus For recruiting new members into the network, a distributor will earn a bonus known as a Sponsor Bonus or referral bonus. Level commissions The commission attained by the distributors for the sales done by their downline members is termed as level commissions Try out the Unilevel MLM Calculator and work out your compensation. Binary MLM Plan One of the most widely used MLM plans in the world, Binary MLM plan co