Technology
Best MLM Software Low Price Offerings | MLM Commission Structure | Multi-Level Marketing Software
- Jitendra Sharma
- 25th Feb 2023
Best MLM Software lowest price of the Most Popular Tools
MLM Commission Structure
MLM software, also known as network marketing software, is business software designed to manage and organize multi-level marketing (MLM) or direct selling businesses. MLM is a marketing strategy that involves a network of independent sales representatives who promote and sell products or services to customers. MLM software helps manage the sales force, track sales, commissions, and bonuses, and facilitate communication between the company, sales representatives, and customers.
Here are some features of MLM software that are essential for MLM businesses
Member Management
- User registration and management
- Member profile management
- Downline management
- Genealogy tree view
- Commission calculations and management
Product Management:
- Product inventory management
- Price management
- Product promotion management
Sales Management:
- Sales force management
- Order management
- Payment management
- Sales report generation
Communication Management:
- Internal messaging system
- News and event management
- Email and SMS notifications
Website Management:
- Website design and customization
- Landing page creation
- Social media integration
- SEO optimization
Security and Privacy:
- Data backup and recovery
- User authentication and authorization
- Secure payment gateways
It is essential to choose an MLM software that offers customization options to cater to the specific needs of the MLM business. Additionally, the software should be scalable, user-friendly, and provide excellent support and maintenance services.
Types of MLM commission structures, but the most common ones include
Unilevel Plan: This is a simple and popular MLM commission structure where members earn commissions based on the sales volume of their downline. There is no limit to the number of members who can be added to the downline, and commissions are usually paid out on a regular basis.
Binary Plan: In this MLM commission structure, members must recruit two members who will become their "legs". Members earn commissions based on the sales volume of their weaker leg, which helps to balance out the sales volume between the two legs.
Matrix Plan: Also known as a forced matrix, this MLM commission structure limits the number of members that can be added to a member's downline. For example, a 3x3 matrix plan would allow each member to recruit three members, and each of those three members can recruit three members, and so on.
Hybrid Plan: This is a combination of two or more MLM commission structures, allowing members to earn commissions through various methods.
The MLM commission structure determines how members are paid and how commissions are calculated. Generally, MLM companies pay out commissions based on a percentage of the sales volume generated by each member's downline, with higher percentages paid to members who have achieved higher ranks or levels within the company.
There are various MLM software providers that offer different types of MLM plans, including Binary, Unilevel, Force Matrix, Board Plan, and Monoline MLM Plan with Woocommerce integration. Here are some features that MLM software providers may offer for these plans:
Binary MLM Plan
- Left and right placement tree structure.
- Auto or manual placement option.
- Binary commission calculation based on the weaker leg volume.
- Pair matching bonus calculation.
- Binary matching bonus calculation.
- Binary level commission calculation.
Unilevel MLM Plan
- Unlimited width structure and limited depth structure.
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Generation bonus calculation.
- Rank bonus calculation.
Force Matrix MLM Plan
- A fixed width and depth structure.
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Matrix cycle bonus calculation.
Board Plan MLM
- A certain number of members are required to fill the board.
- Board splitting option.
- Commission calculation based on the board's completion.
- Re-entry option after board completion.
- Bonus calculation based on the board's completion.
- Royalty bonus calculation.
Monoline MLM Plan
- A single-line tree structure.
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
Woocommerce Integration
- Integration with woocommerce for e-commerce functionality.
- Integration with payment gateways for secure transactions.
- Customized website design.
- Product management and inventory tracking.
- Order management and tracking.
- Customer management and tracking.
It is essential to choose an MLM software provider that offers customized solutions based on the specific MLM plan and business requirements. Additionally, ensuring that the software is user-friendly, scalable, and provides excellent support and maintenance services is crucial.
Integrate MLM Commission Calculations with Various CMS Platforms
MLM software providers can integrate MLM commission calculations with various CMS platforms such as Magento, Laravel, WordPress, Drupal, OpenCart, and WooCommerce. Here are some common features of MLM commission calculation for each of these CMS platforms:
Magento
- Binary commission calculation based on the weaker leg volume.
- Pair matching bonus calculation.
- Binary matching bonus calculation.
- Binary level commission calculation.
- Commission payout and report generation.
- Integration with payment gateways.
Laravel
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Matrix cycle bonus calculation.
- Commission payout and report generation.
- Integration with payment gateways.
WordPress
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Generation bonus calculation.
- Rank bonus calculation.
- Commission payout and report generation.
- Integration with payment gateways.
Drupal
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Generation bonus calculation.
- Rank bonus calculation.
- Commission payout and report generation.
- Integration with payment gateways.
OpenCart
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Matrix cycle bonus calculation.
- Commission payout and report generation.
- Integration with payment gateways.
WooCommerce
- Commission calculation based on the sales volume of the downline members.
- Direct referral bonus calculation.
- Level commission calculation.
- Generation bonus calculation.
- Rank bonus calculation.
- Commission payout and report generation.
- Integration with payment gateways.
It is essential to choose an MLM software provider that can customize the commission calculation as per the MLM plan and business requirements. Additionally, ensuring that the software is user-friendly, scalable, and provides excellent support and maintenance services is crucial.
Alternatives Relative MLM Software & Free Demo
CMS Platform WordPress, Magento, Drupal, Laravel, OpenCart, and REST API with WordPress Or OpenCart
WordPress Plans
- Force Matrix MLM Woo-Commerce
- Unilevel MLM woo-commerce
- Unilevel MLM Plan
- Binary MLM woo-commerce
- Binary MLM Plan Pro
- Board Plan WooCommerce
- Monoline / Single leg MLM Plan
- Monoline MLM Woo-commerce
Magento eCommerce Plans
Drupal Plans
Opencart Plans
Laravel Plan
MLM REST API Woo Commerce
Author
Jitendra Sharma
Owner of Letscms
Jitendra Sharma
Owner of Letscms
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