Technology
Board Plan | Board MLM Plan Software | Board MLM eCommerce
- Jitendra Sharma
- 5th Oct 2022
Board Plan eCommerce Software | Board MLM Compensation Plan
What is Board Plan
Board plan is otherwise known as revolving matrix plan or matrix cycle plan. This Plan gives you a chance to benefit from the effort of all the other board members. Because a specific member is entitled to a bonus or commission every time the Board/Matrix Cycle entry is finalized.
The Board provides a modern enterprise planning system that integrates strategic, financial and operational planning, allowing complete control of performance across the organization.
How does the Board MLM Plan work?
The working method of Board MLM Plan is simple. However, you have to understand it to be able to maximize it effectively. When you join this cycle plan you are usually given a blank board and it is required that you fill in your associates.
Board plans are limited in both width and depth, depending on your circle of choice. You may be allowed a sponsorship of only two members at the first level and then with only two levels of depth, you will have a full matrix of six members and you will be compensated.
Board MLM Compensation Plan & Commission
A few compensation and bonuses make this plan an exciting offer to explore. These bonuses include
Position Bonus
Members are able to receive bonuses when new members are recruited to the downline. Additionally, status bonuses may also refer to bonuses or commissions resulting from the efforts or achievements of downline members.
Level Commission
The amount rewarded to a successful customer on touching the levels defined by the organization. The levels can be improved by achieving a milestone set by the company and you get rewarded as much you raised in levels.
Matching Bonus
Matching Bonus will occur in cases when a user gets the bonuses like referral bonus or rejoin bonus, then the sponsor will also get the same advantage i.e., both user and sponsor will get the bonus at the same time. This kind of bonus is called as a matching bonus.
Referral Bonus
The referral Bonus is also referred as sponsor commission / leader bonus or the introducer bonus is the benefit gotten by a user for introducing new members to the downline network. The commission is calculated based on the percentage or fixed of the amount the company has already predefined. The commissioned amount is automatically credited to the user’s account.
Buy Now
Author
Jitendra Sharma
Owner of Letscms
Jitendra Sharma
Owner of Letscms
Recent Post
Node.js Ecommerce Website Development with Customization
28th May 2024
How to Build a Node.js E-commerce App?
29th Apr 2024
Ecommerce Website Design Development - Software
26th Oct 2023
CMS MLM Plans | eCommerce Mlm Plugins, Code & Scripts
14th Jan 2023
What is Board Plan ? & How does Board MLM Plan Work?
26th Jun 2022
Unilevel MLM Software Demo | Free Unilevel MLM Plan Demo
11th Apr 2022
Unilevel MLM PLAN, MLM SOFTWARE & HOW IT WORKS?
3rd Apr 2022
What is REST API Woocommerce | REST API Woo
15th Jan 2022
How does a Multi-Vendor Marketplace Model Work?
10th Jan 2022
What is REST API - Opencart | OCRESTAPI
9th Jan 2022
