Considering the current Multi Level Marketing trend in Egypt, MLM Board Plan tends to score more while comparing with the other MLM Plans. Let us discuss in detail about MLM Board Plan and the possibilities and importance of a Board Plan MLM Software.
What is an MLM Board Plan?
MLM Board Plan is also known as Revolving Matrix Plan. The main highlight of board plan is its splitting feature which enables a board leader to reach the next board level. And at the same time, rest of the members will share among the two boards based on their position Considering a basic board plan, each member can refer up to two members and the upcoming referral will spill over. Once the first board is completed, they will enter into the next board and they will revolve forever.
Once the board is completely equipped, a leader will switch to the next board by splitting it into two. Member(s) with two referrals are filled in the order of left to right & bottom to the top manner and the same technique is followed.
A specific amount is set for board split which will be entirely different for Single board, Multi board etc.
MLM Board Plan Example:
When the entire positions of the first board are full, parent board will split into 2 boards & level 4 position earns the first payout commission and moves in the second board in the level one position. Structure of both boards to be same as following board or might be different according to the type of board plan.
Types Of Board MLM Plan
Following the same principle, there exists number of MLM Board Plans, they are;
– Single Board
– Multi Board
– Shuffling Board
– Auto Filling Board
– Manual Filling Board
Benefits of Board MLM Plan MLM Software
Board MLM compensation plan is unique and has been widely used by many companies in and around Egypt due to the benefits they offer.
Checkout its advantages below.
- Board MLM Plan has only less number of members compared to other compensation plans and hence it becomes much easier to manage.
- Also, since the members are less, it provides the individual distributors to expand their business at a faster rate and thus earn more income!
- In Board MLM Plan, the distributors are not dependent on their upline or downline.
- Automatic promotion to a higher level.
- As the bucket on a particular level increases, the oldest member will be moving out from the bucket.
- Auto splitting of boards.
- Additional income opportunities like Unlimited Income Board Plan and more.
Why you should adopt a Board Plan MLM Software?
Considering the complexity of fixing the amount and other user details manually, a best MLM Software is necessary for the working of MLM Board Plans. With the help of an MLM Software, it is easy for the user to manage all the member, commission details and much more.
Easily understand on How to Choose The Best MLM Software before you plan to buy it
Board Plan is a fine blend of Binary and Forced Matrix Plan. It is highly advantageous for both the MLM business owners as well as the individual distributors. This is the prime reason for Board Plan being the latest trend in Egypt and many other parts in the world!