Multi-level marketing (MLM) is a marketing strategy in which a company encourages its existing distributors or affiliates to recruit new distributors or affiliates by offering them compensation for their recruitment efforts. These distributors or affiliates typically earn commissions not only from their own sales but also from the sales made by the distributors they recruit, forming a multi-level structure.
Referral affiliate programs in the context of WooCommerce and WordPress plugins function similarly to MLM structures, but with some key differences. These programs allow individuals to become affiliates and earn commissions by referring customers to purchase products or services from a particular company, typically through unique referral links.
MLM (multi-level marketing) functionality with WordPress and WooCommerce, there are plugins available that offer affiliate management and MLM commission structures. One such plugin is WP Affiliate Manager, which allows you to set up an affiliate program for your WooCommerce store and provides features for managing MLM commissions.
MLM (Multi-Level Marketing) software refers to computer programs that support the operations of Multi-Level Marketing businesses. The software provides solutions for tracking commissions, managing downline organizations, automating compensation plans, and integrating with other business systems.
While I don't have access to real-time information or a complete list of available plugins, you can search for MLM plugins on reputable WordPress plugin directories or marketplaces like the official WordPress.org plugin repository or WooCommerce Marketplace. Here are some key features you might look for in an MLM plugin:
MLM Commission Structures: The plugin should support various commission structures, such as join bonuses, affiliate commissions, company bonuses, level or pair bonuses, and regular bonuses.
Multi-Level Tree: The plugin should enable the creation of a multi-level structure, where affiliates can recruit other affiliates, forming a downline. The commission payouts should be calculated based on this structure.
Commission Tracking: The plugin should track and manage commissions earned by each affiliate, including different types of bonuses and their corresponding levels.
Affiliate Dashboard: An intuitive dashboard that allows affiliates to track their commissions, referrals, and overall performance is beneficial. It should provide detailed reports and analytics.
Integration with WooCommerce: Ensure that the MLM plugin is compatible with WooCommerce and supports seamless integration with your online store. It should track sales generated by affiliates and attribute commissions accordingly.
Payment Gateways: The plugin should support popular payment gateways to facilitate commission payments to affiliates.
This is a one-time commission or bonus that is awarded to new members when they join the MLM program or purchase a starter kit. It serves as an incentive for recruiting new members.
Affiliates earn commissions based on the sales they generate directly through their referrals or affiliate links. When someone referred by the affiliate makes a purchase, the affiliate receives a commission based on the sale value or a percentage of the sale.
MLM companies may provide additional commissions or bonuses based on the overall sales performance of the organization. These commissions are typically distributed among qualified affiliates based on specific criteria, such as achieving specific sales targets or ranks.
In a multi-level structure, affiliates can earn commissions based on the sales generated by their downline or team. Level commissions are earned when affiliates reach a certain level or rank within the MLM program. Pair commissions involve earning commissions based on the sales volume or pairing of affiliates in the downline.
MLM companies may offer regular bonuses to affiliates who consistently achieve certain sales targets or meet specific performance metrics. These bonuses provide ongoing motivation and reward consistent efforts.
Royalty bonuses are additional commissions or bonuses that are given to affiliates based on their ongoing sales or the sales of their downline over a specific period. This type of bonus is often paid out to affiliates who have reached a certain level or rank within the MLM program and is intended to provide long-term residual income.
Registration: A new user can be registered on the network under any sponsor.
Genealogy View: A genealogy tree represents the hierarchy of the network, which shows all the active users and their direct downlines.
Genealogy Add Member: Unilevel MLM Plan has a special front end feature that you can register new members using Genealogy.
Commission & Bonus:Join Commission, Affiliate or Referrals Commission, Level Commission, Company Commission, Regular Bonus.
Payout Details: Each and every paid member has the authority to view full payout details on their account details page.
Unlimited Members: Unilevel MLM Compensation Plan is an unlimited width plan , as there is no restriction, distribute can build stronger and longer (length) network down the line.
SMS integration: SMS gateways are used to send SMS using this plugin.
Email integration: Each user will receive the email after successfully registration in the network.
Affiliate Link: New user can be registered using the referral link.
Dashboard: Member dashboard shows the overall commissions and affiliate link of the user. and Minimum or Maximum
Withdrawal: It has a new withdrawal functionality with the help of that the users can easily withdraw their amount directly to their bank account.
Join Network: if any user, who is not MLM user, want to join the network then he can join network.
Promote Products: Promote Products and earn a commission for each sale made through your referral/affiliate.
Binary Plan: The Binary MLM plan involves two legs or downlines for each affiliate. Each affiliate can have only two direct referrals, and any additional referrals will be placed in the next available position within the binary structure. This creates a binary tree, and commissions are based on the sales volume generated by each leg.
Board MLM Plan: In the Board MLM plan, affiliates work to fill up a specific number of positions on a board or matrix. Once the board is filled, it splits into two, and the affiliate moves to the next higher level board. Commissions are earned when boards are filled and split.
Matrix MLM Plan: The Matrix MLM plan has a fixed width and depth for the network structure. For example, a 3x3 matrix allows each affiliate to have three direct referrals, and the matrix goes down to three levels deep. Commissions are earned based on the position of affiliates in the matrix.
Unilevel MLM Plan: The Unilevel MLM plan allows an affiliate to recruit unlimited direct referrals on the first level. There is no width limit, and all direct referrals are on the same level. Commissions are typically based on the sales volume of the downline without any depth limitation.
Monoline MLM Plan: The Monoline MLM plan is a single-line structure where every new affiliate is placed under the last affiliate to join. There are no levels or downlines, and commissions are earned based on the total sales volume of the entire organization.