ABOUT MATRIX MLM PLAN
Matrix MLM Compensation Plan is one of the primary plans in Multilevel Marketing Business. In Matrix MLM plan, the downlines are arranged in fixed-width x height matrix i.e. (W x H). This plan is referred to as a forced matrix plan where one distributor can grow his team within the limited number of downline members.
Matrix MLM plan is a popular plan among the MLM companies which helps in organizing various essentials. It is also known as “the ladder Matrix MLM Compensation plan or forced matrix plan”. Matrix Compensation Plan is similar to a pyramid where the members are arranged in a particular manner. It is one of the most important plans which owe specific features. This unique featured plan has a limited width and length, so understanding the features helps in using it appropriately. Our MLM system software helps to organize and understand the concept more easily. The matrix compensation plan supports extending the tree as per the requirement and this comes with multiple features. FREE DEMO FEATURES
HOW DOES MATRIX MLM PLAN WORKS?
The popular matrix MLM plans are 2*12, 4*7, 5*7, and 3*9. The plan works by adding the default members to the first level and everyone else you sign up after the completion of the first level will spill over into the next level, and perhaps to deeper levels as per the plan.
If you choose the 3*3 matrix plan, you can recruit three members to the first level and the rest will spill over to later levels with a depth of three-level. Here the matrix is said to have three numbers in width as well as in-depth. MATRIX MLM SIMULATOR
MATRIX MLM SOFTWARE COMPENSATIONS
Compensation and bonus enhance the user activities and keeps business more active. Here are some of the compensations in the matrix system.1SPONSOR BONUS2LEVEL COMMISSIONS3MATCHING BONUS4POSITION BONUS5MATRIX BONUS
Just like the other MLM software plans, the Matrix MLM compensation plan also has a sponsor bonus. Earning a bonus when recruiting new members to the network. MLM companies usually introduce sponsor bonuses to motivate the members for adding new members to the existing network. Bonus earned after filling up the first level.
Ukvalley Technologies matrix MLM software is having an option to change the percentage of sponsor bonuses. The sponsor bonus rule is configurable from the back office.
In most of the matrix MLM plans, the “matching bonuses” are defined by the different sets of rules based on the company’s compensation policies. Matching bonuses are certain extra benefits for the sponsors. When a new member gets any compensation like Matrix bonus, his sponsor will also get a certain percentage of that amount. Ukvalley Technologies MLM Matrix Software is flexible enough to reconfigure in accordance with the company rules and ideas.
In Matrix MLM plan the level commission is the amount of profit or bonus that people earn by adding new members. This works when the first three members add new users and gain sponsor bonus and the next level members add three new users to earn some other bonus. This depends on the MLM compensation plan and can be extended to the nth level.
In Ukvalley Technologies matrix MLM software the level compensation is configurable to certain Width x Height. Business Administrators can configure different percentage rates from the back-office.
“Position Bonus” is the amount of profit or bonus people earn when a new member joins within the Matrix. Say, for a 4*4 matrix, a member will get a position bonus when a new member joins within his 4 down-levels.
In matrix MLM compensation software the level compensation is configurable to certain Width x Height. Business Administrators can configure the rates or a percentage from the back-office.
Matrix Bonus is also an add-on bonus to give extra compensation to the distributors. This compensation is given to the members when they filled their matrix with the downlines. If the business plan is a 4*4 matrix system, the members should have 4 members on his first level downline, 16 members in his second level downline, 64 members in the third level downline and 256 members in the fourth level downline. This member is eligible for the Matrix Bonus.
Ukvalley Technologies MLM BACK-OFFICE SOFTWARE FEATURES
As a leading provider of MLM Software, we are offering almost all the standard features of an efficient multilevel marketing system. The list of enterprise features which will assist you to manage the business effortlessly
- Clean & Classic Dashboard
- Genealogy Tree
- Multiple Currency Support
- Multilingual Support
- Fully Responsive
- Network and Team Explorer
- Change Sponsor & Repositioning
- Payment Gateway Integration
- Multiple Network View
- Downline and Upline listing
- Sponsored Members Listing
- SMS Integrations
- Rank Advancement
- Custom Rules for Ranking
- Income and Expenses Report
- Multiple Withdrawal Options
- Multiple Payout Options
- Theme Switcher
- Configurable Enrolment Fees
- Multiple Compensations
- Business Wallet
- Business Turnover and Expenses
- Track Activities
- Configurable Compensations
- Customizable Business Plan
- Unlimited Members
- Support Ticketing
- Lead Capturing
- Multiple Payment Options
- Internal Messaging
- Transaction Failure and Recovery
- E-wallet Transfers
- Live Chat Module
- Manage User Types
- Integrated REST API
- Bitcoin Integration
- Multiple Wallets
- Automatic Payout
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