Technology
Binary MLM Compensation Plan Calculation - How it works?
- Jitendra Sharma
- 7th Apr 2022
Binary MLM Compensation Plan Calculation - How it works? & MLM Software Features
Binary MLM plan Software is a web application that helps to manage binary MLM networks such as to keep track on down-line’s incomes , uplines and expenditure.
Binary MLM Plan includes a two legged structure where in a parent Node has two sub nodes where each new distributor or members is placed in either left or right sub-tree. One sub-tree is known as a Power Leg or Profit Leg while the second sub-tree is a Profit Leg or a weak leg.. It is one of the basic Binary MLM plan which is required by all the MLM organizations be it small or large. The binary MLM plan helps admin managing users or sub nodes in a binary network to keep record of their income, expenses etc.
How Does Binary MLM Plan Work?
Binary MLM Plan Work : The new members sponsored by distributors are added either on the left leg or right leg. Upon adding two new members on either side of the subtree, a binary tree gets formed. All the new members referred after forming a binary tree gets spilled to the downlines.
Note: Distributors become a part of the binary plan by purchasing an enrollment package. The enrollment package here means either a service or a list of products. The distributor buys the package and becomes a part of the binary MLM company .
Binary MLM Features
Admin Features
- Order status selection feature.
- Feature to be a MLM Customer.
Feature Royalty Bonus based on commission amount & pool amount. - Commissions based on product point value and product price feature .
- Eligibility Setting to get commissions.
- Initial Pair commission settings.
- Initial pair amount settings.
- Further Pair commission settings.
- Further Pair amount settings.
- Join commission Settings.
- Direct Referral commission Settings.
- Service charges settings.
- Tax deduction Settings.
- Cap Limit Amount Settings.
- Bonus settings Based on Pair and direct referral.
- Royalty Bonus settings .
- Withdrawal Limit settings(max , min) .
- Email Settings .
- SMS Configuration Settings .
- SMS Settings .
- Payout Reports in admin.
- User Reports in admin.
- Feature Withdrawal pay in admin.
- Feature Withdrawal history in admin.
- Genealogy representation of the Downlines.
- Genealogy based on user name.
- Run payout – distribute commission .
- Run payout – Run Payout .
- Feature reset all MLM customers data in admin .
- Feature reset MLM settings data in admin .
- Feature reset MLM data in admin .
Frontend Features
- It works Based on Binary Rules i.e. 1X1, 1X2, 2X1,2X2 etc.
- There are five types of commission
- i. Join Commission
- ii. Direct Referral Commission
- iii. Pair Commission
- iv. Bonus Commission
- v. Royalty Commission
- Manual Commission calculate feature also in binary mlm plan.
- Any amount of order also will be used to be a paid MLM customer.
- Dashboard feature for logged-in customer ./
- Payout listing for logged-in MLM customer.
- Payout detail of logged-in MLM customer.
- All commission with detail on payout detail page for logged-in MLM customer.
- Feature Update bank details for logged-in MLM customer.
- Feature to withdrawal request .
- Feature withdrawal request Details on withdrawal request page.
- Genealogy representation of the MLM customer Downlines in better design.
- Each MLM customer detail on genealogy in the form of tooltip.
- Three places to register MLM customer.
- i. Register MLM customer by registration page .
- ii. Register MLM customer by genealogy registration .
- iii. Register MLM customer by checkout registration registration .
Binary MLM OPENCART
Binary MLM WordPress
Author
Jitendra Sharma
Owner of Letscms
Jitendra Sharma
Owner of Letscms
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