Technology
What is Force Matrix MLM Plan? | How does MLM Matrix Plan Works?
- Jitendra Sharma
- 25th Jan 2022
Force Matrix MLM Plan & How Does MLM Matrix Plan Works?
Force Matrix MLM Plan
Force Matrix Multi Level Marketing Plan is includes number of legged structure where in a parent Node has many sub nodes where each new distributor or members is placed in down sub-tree. It is one of the basic Force Matrix which is required by all the MLM organizations be it small or large. The Force Matrix Woo-commerce helps admin managing users or sub nodes in a Matrix network to keep record of their income, expenses etc.
How MLM Matrix Plan Works?
There are two types of matrix multi level marketing structures which are commonly used, and they are either – 1-2-4-8 (2×2) or 1-3-9-27 (3×3) or 1-4-16-24 (4×4), however, there are exceptions like 2×3, 3×7. A binary plan is nothing but a 2×2 matrix plan. Some companies also apply a 4×4 matrix structure or even a 5×5 matrix structure depending on their requirement.
Matrix Commission
When a complete matrix is achieved by a member then he will be eligible for matrix commission. It’s like add-on bonus to the members. We can consider 4×4 matrix, for example
- First Level – 4 Members
- Second Level – 16 Members
- Third Level – 64 Members
- Fourth Level - 256 Members
Once a member achieves this, he will be eligible for Matrix commission.
The Forced Matrix plan is an exceptional plan with specific features that will create maximum members to join in the network. To build your Forced Matrix MLM software with compensation plans check.
Force Matrix MLM Commission Type:
- Join Commission
- Referral Commission
- Level Commission
Join Commission
It is a one-time credit commission amount served to each new user on the successful joining into the network.
Referral Commission
It is a type of commission bonus credit to the coordinator for bringing a healthy customer to the business but only if it fulfills the referral terms and conditions. The referral reward may be in a fixed amount or in percentage.
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.
Forced Matrix Bonus
- Regular Bonus
- Royalty Bonus
Regular Bonus
The fixed or percentage bonus amount that is credited to the user’s account, whenever the users achieve the direct referrals milestone set by the company is known as Regular Bonus.
Royalty Bonus
It is a type of bonus amount that is paid to the users when he/she matches both direct referrals and level milestones set by the organization. The rewarded bonus amount may be in a fixed amount or a percentage value.
Force Matrix MLM plan GENEALOGY
In our system we have developed two types of Genealogy you can check both of them and user can check only default one.
Type 1 :
Type 2 :
Author
Jitendra Sharma
Owner of Letscms
Jitendra Sharma
Owner of Letscms
Recent Post
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
Unilevel vs Binary MLM Plan - MLM Compensation
1st Dec 2021