Multi-Level Marketing eCommerce Website Development
Multi-level Marketing (MLM) Software is one of the most popular and simple business models in the MLM service industry.
MLM software is a specialized software that automates the processes involved in running a Multi-level Marketing (MLM) business. It helps manage various aspects of the business such as enrolling new members, tracking sales, calculating commissions, and generating reports.
Multilevel Marketing (MLM) commissions are typically calculated based on the sales volume generated by a distributor and their downline organization. The exact method for calculating commissions can vary depending on the MLM company and its compensation plan.
Features of MLM software
Member Management: The software helps manage the enrollment of new members, their profiles, and their downline organization. It also helps manage commission payouts and other incentives.
Commission Calculations: The software can automatically calculate commissions based on the sales volume generated by each member and their downline. It can also take into account different commission rates for different levels in the downline.
Sales and Order Management: The software helps manage sales, product orders, and shipping information. It can also generate invoices and manage payments.
Reporting: The software generates various reports, such as sales reports, commission reports, and downline reports, that provide a clear picture of the performance of the MLM business.
Integration: MLM software can be integrated with other software systems, such as payment gateways, email marketing platforms, and accounting software, to streamline processes and improve efficiency.
In summary, MLM software streamlines the process of running an MLM business and helps manage its various aspects, including member management, commission calculations, sales, and order management, reporting, and integration.
MLM Software for Laravel, Magento, OpenCart, Drupal, WordPress
- Binary MLM Plan
- Board Plan
- Force Matrix MLM Plan
- Matrix MLM Plan
- Monoline MLM Plan
- Unilevel MLM Plan
Binary Multi-level Marketing (MLM) Plan
Binary MLM Plan includes a two-legged structure where a parent Node has two sub-nodes where each new distributor or member is placed in either the left or right sub-tree. One sub-tree is known as a Power Leg or Profit Leg while the second sub-tree is a Profit Leg or a weak leg. It is one of the basic Binary MLM plans which is required by all MLM organizations be they small or large. The binary MLM plan helps the admin manage users or sub-nodes in a binary network to keep a record of their income, expenses, etc. Read more……
Board Plan
Board MLM WooCommerce Software is a software application based on the Board MLM plan that empowers growing MLM companies to generate more leads, manage their customer and distributor base, and expand their MLM business into new areas.
A board plan is known as a revolving matrix or matrix cycle plan. This Plan allows you 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. Read more……
Force Matrix MLM Plan
Force Matrix MLM plans include a number of legged structures where a parent Node has many sub-nodes where each new distributor or member is placed in a down sub-tree. It is one of the basic Force matrices which is required by all MLM organizations be they small or large. The Force Matrix MLM Plan helps admin managing users or sub-nodes in a Matrix network to keep a record of their income, expenses, etc. Read more……
Monoline MLM Plan
Monoline Multi-Level Marketing Plan includes a one-legged structure where a parent Node has one sub-nodes where each new distributor or member is placed under a subtree. It is one of the basic Monoline MLM plans which is required by all MLM organizations be they small or large. The monoline MLM plan helps the admin manage users or sub-nodes in a monoline network to keep a record of their income, expenses, etc. Read more……
Unilevel MLM Plans
Unilevel Multi-Level Marketing Plan includes a number of legged structures where a parent Node has many sub-nodes where each new distributor or member is placed in a down sub-tree. It is one of the basic Unilevel MLM plans which is required by all MLM organizations be they small or large. The unilevel MLM plan helps the admin manage users or sub-nodes in a unilevel network to keep a record of their income, expenses, etc. Read more……
Features of MLM Software eCommerce or e-Pin or eLearning
Features of Multi-Level Marketing Software
Multi-Level Marketing (MLM) software typically includes a number of features that are designed to support the unique needs of MLM businesses. Some common features include:
Member Management: This includes managing the various levels of the network, tracking member details, and keeping a record of member commissions and bonuses.
Genealogy Tracking: The software should be able to keep track of the entire network hierarchy, including parent-child relationships and the levels of hierarchy between members.
Commission Management: The software should be able to calculate commissions and bonuses based on the rules and structures set by the MLM company.
E-commerce Integration: Many MLM companies sell products, so the software should be able to integrate with e-commerce platforms to manage product sales and orders.
Reports and Analytics: The software should provide reports and analytics that help MLM companies understand their business performance and make informed decisions.
Payment Processing: The software should be able to process payments from members and distribute commissions and bonuses to members.
Lead Management: The software should be able to manage leads, track their progress, and provide insights on lead conversion rates.
Customer Relationship Management (CRM): The software should have a CRM system that helps MLM companies manage relationships with members and prospects.
Marketing Automation: The software should have marketing automation tools that help MLM companies target and engage with members and prospects.
Mobile Application: Many MLM companies have a mobile app that members can use to access the software and manage their network.
These are just some of the features that MLM software may have. The specific features offered can vary depending on the vendor and the needs of the MLM company.