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The board MLM plan is a structurally framed multi-level marketing scheme wherein people are further segregated and classified into groups called "boards." These boards have a pre-set amount of participants in it, and those participants work together to fill up those boards through recruitment.Once that board is filled, it is considered to have been cycled, thus allowing all participants in it to collect their commissions and transfer to other higher-level boards.
This plan focuses on teamwork: it is clear as to the earning potential and continuous opportunities for growth with advancement through different board levels which unlock increased commissions and bonuses along the way.
A 2X2 Matrix Cycle is presented through the Board MLM Plan, where members earn their commissions on the basis of fulfillment of certain entries either in the member's board or matrix. Every member has an empty board that needs to be filled with new associates.
Each member is given a blank board and then must focus on occupying two spaces in the bottom, first level. Because of this structure, each member can support only two members, which creates a tight, controllable network. The downline is two levels, so a matrix cycle - with six total participants - is achievable.
As this process is done with the recruits, they will unlock all commissions related to completing the board. In this way, there is a direct correlation between earning potential and how fast and efficiently the members work with their recruits, accompanied by team and collaborative efforts among those in the network.
This design not only creates an engaging environment for the members but also encourages support between each other in order to increase their commission, thus, creating a cohesive dynamic community.
The Board MLM Plan has an organized commission structure that inspires members in relation to recruitment and activity in the matrix. The commission structure on this plan is as follows:
A normal Board MLM Plan is a 2X2, meaning every affiliate can sponsor two new recruits, thus bringing in a maximum of six participants filling a full board two levels deep. The commission here is paid when the board gets filled. It refers to a condition in which all positions in the matrix are filled.
Once a board is complete, that is, six people in total, the round is over and the participants receive a commission. How much this is depends solely on what pay structure the company uses, but a prevalent commission payment is a flat amount for each fully filled board. The commission usually splits the payment evenly among all participants who fulfilled the boards.
Besides standard commissions, there are other types of bonuses additional to some Board MLM plans. They include Fast Start Bonuses- bonus incentives for fast filling of a particular board within an outlined time frame; and Leadership Bonuses- extra revenue through increased recruitment percentage by those who headed their teams.
Description: This bonus is paid out for filling boards quickly after joining the MLM network.
Eligibility: The member has to fill his board within a particular time, typically in the first few weeks of joining.
Motivation: It is an incentive to recruit rapidly and be active so that the member can accelerate their earnings immediately.
Description: This is a bonus awarded to those members that turn out to be good leaders because they mentor their downlines.
Eligibility: Members, who put in significant work regarding reaching higher ranks or contributing to the growth of the team, would be eligible for this bonus.
Reward: It rewards good leaders that create a support environment within the network.
Description: It allows the earners to receive a percentage of commissions cleared and recruits hired.
Structure: For example, if the recruits of a member gain some commissions, the sponsor should also have a level measure of bonus on that earned commission.
Advantage: It gives the members an opportunity to invest their time and energy in training and mentoring the recruits for the betterment of the overall performance of their teams.
In Board MLM Plan, companies usually take an initial joining fee from the distributors. Once a distributor gets six members in his network and fills up the required number of positions, the board or matrix cycle gets completed; after which, he becomes eligible to get the commissions.
In most cases, a payout is offered that would be an example of 1.5 times the joining fee at the end of the cycle. For example, if a company's joining fee was determined to be $50, then the distributor would be paid compensation of $75. The admin panel is flexible enough with options to set different commission values and adjusts them according to the company's goals and strategies.
The board structures that are available to the distributors include single, double, or multiple boards. Moreover, the splitting amounts of the board can also be customized according to the business model. Thus, the discretion provided is more customized rewards as the members of the business advance through the cycle.
The Board MLM Plan is suitable for companies or entrepreneurs who want a highly flexible and rewarding program: earning potential can be quite high, being capable of adjustment and fine-tuning to suit any needs. Get in touch for more information about how we can customize this for your network.
Board Matrix Cycle Plan has several options which are available to yield flexibility and customization for both the firm as well as its distributors. These are some of the primary options-
Our system offers you, of course, the MLM Board Plan, which provides a dynamic pathway to success where you can reap benefits of your entire network of board members for mutual growth and rewards.
