What is a Matrix Plan?
Matrix plan is seen as a pyramid where members are arranged into a fixed number of width and depth or rows and columns. In this plan, the width is limited and so serves as a huge motivation for more members to be hired in the downline.
This also known as ladder Plan or Forced Matrix Plan in Multi-level marketing companies which is similar to pyramid. Members which are organized in a particular width and depth are compensated when they achieve a set level. The MLM Company can set structure for members to qualify a particular level that may be 3 in width and 5 in depth. In other words a distributor only can introduce 3 as his front-line and a member can earn compensation up to 5th level.
According to This Plan, the width is limited therefore; a member can motivate his/ her down line members to earn more profit. A member can allow completing his width up to a limit and the new recruits will positioned under any of your down line in depth.
MLM Companies can make more attractive Forced Matrix Plan by increasing the depth for bonuses and compensation; some MLM companies can reduce the width in this regard. We can say the Matrix Plan have potential for new comers as well as old members.
MLM Software India has expert team of consultants who are ready to suggest the best Matrix Plan for the company/individual which want to start MLM business and earn huge profit.
How Does Matrix Plan works?
- The MLM Matrix Plan works in a very simple way. Generally, it has a limited number of distributors at each level. The most popular Matrix plans are 3×7, 4×7, 5×7, 3×9 and 2×12. Once you reach the maximum limit at the first level, the matrix spills over and next members are added to the next level. Those members are then invited to add more members below them, and it keeps going on. As you get more members below you, the benefits keep reaching you. Therefore, it provides you immense earning possibilities.
- Let’s take an example of 3×7 Matrix Plan. It has 3 members at each level, and goes till 7th level. The first level has three members; second level has 9 members and so on. The seventh level thus has 2,187, making a total of 3,279 members in the plan. You start earning as the network builds on, and all members earn for you as long as the plan works.
- Some Matrix Plans also have added features like adding members and distributors directly generating income for you. It is up to you how you want to make your plan look like. Adding extra features make this plan more powerful, effective and eye-catching.