Letscms MLM Matrix Plan Software makes it simple to automate a variety of network marketing tasks, including lead generation, distributor management, acquiring new clients, inventory management, training, and more.
A Matrix MLM plan is a compensation plan that has a pre-determined pedigree structure from its inception. Unlike the others, this plan has precise clarity on both the breadth and depth of the genealogical structure it will adapt to. This scheme is also called forced matrix scheme and is denoted by the formula width * depth.
The matrix plan limits its breadth more than its depth and tends to employ more members in the downline. It has a pyramid structure arranged in a fixed number of widths (rows) and depths (columns) that restrict the number of distributors you can sponsor in the first level.
In a matrix plan, members may be compensated in a variety of ways related to rank, recruiting and selling MLM products. Common MLM compensation plans include sponsor bonus, level commission, matching bonus, position bonus and forced matrix bonus.
Generally, sponsors of a new joining are compensated with a sponsoring bonus when the new person joins the company under their referral. With the same member joining, new joiners in the upper lines will be compensated with level commission.
Once members have fully filled the matrix, it is a common trend in most MLMs to compensate them with forced matrix bonuses.