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MLMYug offers MLM binary plan with online MLM software. Our team also develops mobile applications for MLM binary plan as well as other structures. These apps are available for leading features for IOS, Android, and Windows platforms. Selecting a platform for business presence greatly depends on the preferences and requirements of an MLM company.
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MLM Binary Plan What is MLM Binary Plans in MLM Software MLMYug.com :- MLM Software Company India Email :- Sales@MLMYug.com Mobile : - +91 80032 26860, +91 80032 26859 Website : - www.mlmyug.com
Understanding the MLM Binary Plan While there are hundreds of marketing plans that are difficult to understand, one strategy which is the easiest to explain and comprehend, too is the MLM Binary Plan. So, What is a binary plan? It is a network marketing compensation strategy in which distributors are placed in a tree structure in the organization. In other words, this strategy is built on the matrix of two. Only two people can be placed on the first level. All other goes beneath at the subsequent levels. While it is quite new in the multilevel marketing industry, network marketing companies began using the binary compensation plan between late 80s and early 90s.
The Structure of the Plan Since the plan is based on number 2, the name binary. Every distributor is allowed to place only two distributors on the first level, which are called business centers. The structure can be extended limitlessly. However, because of its limited width, it is sometimes referred to as a '2 x infinity' matrix plan. With this, it becomes pretty clear a binary compensation strategy has only two legs - the left and the right. Each of the legs can grow both on the inside and the outside, and hence referred to as the inside leg (profit/income leg) and the outside leg (also known as the power leg). The outside leg benefits from the automatic placement of new distributors from your recruiting efforts as well as from the recruiting efforts of your upline. Marketers refer to this as spillover. Since the binary plan can accommodate only two members on the frontline, signing up of any new members will 'spillover' to available empty spaces in the outside leg’s downline. To sum up, it can be said that the MLM binary plan is much simpler to understand and comprehend than other strategies.
Advantages of Binary Plan • 1. Simple to understand • There are four types of networking marketing compensation plans including the unilevel plan, the breakaway plan, the forced matrix plan and the binary plan. Out of all these, the binary is probably the simplest to understand and execute. In addition, this is also easier to explain to the prospects. • 2. Spillover • Spillover is perhaps the most obvious of all the advantages of the plan. A majority of the distributors use spillover to lure their prospects to signing up with them. Common bait they put front is, “All you need to do is to sign up and your business will build automatically“. If you’re lucky enough to be placed on a successful and proactive upline's outside leg, your job is half-done. This is because you will focus entirely on building your profit/inside leg.
3. Indefinite Depth • As discussed above, the binary plan places no constraints on how profound you can build you tree. It ignores levels simply. Hence, by balancing your two legs evenly, it is easier to build deep and earn a lot of money. • 4. Volume driven • While the width of the binary tree has limits, it does not matter at all how many distributors you have in your downline. This means that organizational size doesn't really count. One can add distributors who can produce big volumes and make big money. • 5. Fosters Team work • The inherent need to balance the business volume of the two legs encourages distributors towards helping their sub-distributors in the weaker leg for achieving enhanced business volume balance.
MLM Yug MLM Software Company India Address : - S-2, Nandani Pearl - II 39 VivekVihar, New Sanganer Road, Jaipur, Rajasrhan (302001), India Email : - Sales@MLMYug.com Mobile : - +91 80032 26860, +91 80032 26859 Website : - www.MLMYug.com