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The Board MLM Plan: Is it the Right Business Model for You?

A board mlm plan structure involves a member joining the plan, some companies take an initial joining fee from the members during the start-up period. After they have occupied a space, they receive double the joining amount. Once the board consists of a full board, the member who started the plan drops off. The members in two legs of the plan then split up and make their own boards.

 

What is Board MLM plan?

The Board MLM plan is a unique network marketing structure where distributors are organized into a structured grid, often a 2×2 or 3×3 matrix. Imagine it like a team where each member has a specific role within a limited number of positions. The most common type is the 2×2 Board Plan, where each distributor needs to recruit two others to their team. This creates a controlled network with a fixed number of members. You can think of it as a revolving door – as new members join, the structure shifts to accommodate everyone. Distributors earn commissions when they successfully fill all the positions on their board. This system helps companies expand their network while maintaining a degree of control. One of the biggest advantages is the ability to run multiple boards simultaneously. This reduces the risk associated with larger, less organized networks where not everyone is actively selling. It also helps prevent unauthorized movement or stockpiling of products within the network.

Board MLM plan structure

BOARD PLAN

The MLM Board Plan is considered a simplified version of the matrix plan, which is also known as the matrix cycle plan or revolving matrix plan. This plan is used to determine the members of a business organization. The board consists of several levels with different widths and depths. By performing tasks correctly, an MLM Networker can achieve their desired board in a short period of time. The most common board is 2×2, but there are also 3×3 and 5×3 versions. In the 2×2 matrix plan, the depth is two ie, there will be two levels. A total of 7 members with level 1 having 2 members and level 2 having 4 members. The highlight of Board Plan software lies with the feature to combine it with other compensation plans to create custom plans known as hybrid board plans. Board with matrix creates Matrix board plan, Board with binary creates Binary board plan etc.

Imagine Distributor Y joins a network marketing company. They start with two empty spots below them on their team. Let’s say Y recruits two new people, A and B, on their first day. This means A and B are now on Y’s first level. Now, A and B each have two open spots to fill below them. This creates four total open positions on the second level of Y’s team. Once A and B successfully recruit four people to fill those spots, Y’s initial team is considered complete.

For example, A might recruit two new members, C and E, while B recruits D and F. Once Y completes building this initial team, the company often promotes them to a new level or board. Y then starts the recruiting process all over again on this new board.

In this structure, each member is responsible for recruiting and mentoring the people they bring onto the team. They also typically earn a percentage of the sales generated by their recruits, creating a potential for ongoing income.

 

Payout compression option for board compensation plan

A Payout compression option is an effective tool for an MLM compensation plan. It regulates the excess cash flow of compensations and commissions, balancing the board tree. The system has advanced training sessions and can be customized by the admin. It also promotes crypto currency within the MLM industry. Customers can choose to integrate a standard crypto currency or create one of their own. There are two primary types of compression. Dynamic compression and standard compression. In both cases, inactive representatives are bypassed in the calculation. Bypassing inactive representatives makes the plan look richer than it actually is. Prospective representatives may add up the percentages in the chart and think that they have the total percentage of the payout.

 

API integration option for compensation plan

Board mlm software comes with the ability to integrate with third-party applications into the software. It also supports multiple internal wallets where bonus money can be stored and redeemed. The Board MLM compensation plan is a type of MLM that rewards users for adding people to their downlines. The users who add people to their downlines are rewarded with commissions depending on how many of their downline members join. Additionally, the users can also earn bonuses based on the number of people that they sponsor to complete the board cycle. One of these features is the Crypto integration option, which promotes the use of crypto currency within the MLM industry. Users can integrate an existing cryptocurrency or create a custom one.

 

How does Commission Calculation Work?

Most network marketing companies charge a one-time fee to join. But with a Matrix Cycle Plan, your initial payment actually acts as your first commission! Once you’ve built a team of six members in your network, you complete a “cycle,” and the system rewards you. Board-plan MLM companies often pay out a generous bonus – typically double your initial joining fee. The company’s administrators have the flexibility to set these commission rates, so you might see payouts like $100 per cycle. If you’re looking for a network marketing opportunity that offers high earning potential, simplicity, flexibility, and strong support, the board plan might be a great fit. You can choose from single, double, or even multiple board plans, and you often have some control over how your commissions are split. To learn more about how board plan MLM can work for you, contact us today.

 

Bonus Compensations of Board MLM plan

Board mlm plans work with four different compensations bonus :

  • Leadership Bonus: Board MLM plans often include leadership bonuses for distributors who achieve higher ranks within the company. These bonuses can range from extra commissions to exclusive trips or even equity in the company. This incentivizes distributors to not only build their own sales but also to mentor and support other distributors in their team. By recognizing and rewarding their ability to build strong, successful networks, Board MLM plans encourage long-term growth and stability within the organization.
  • Sponsor Bonus: Distributors often have a strong incentive to bring new people into their team. This is because many MLM companies structure their compensation plans in a way that rewards distributors for building a large and active downline. As their team grows, so does their earning potential. This creates a dynamic where recruiting new members becomes a key focus, fostering a culture of team building and encouraging distributors to actively seek out and mentor new recruits.
  • Level Bonus: The Level Bonus in Board MLM systems rewards distributors for building a strong and successful team. As you climb the ranks within your board, you start earning a percentage of the sales and commissions generated by your entire downline. This creates a powerful incentive to recruit and mentor new distributors, as your own income grows as your team’s success grows. Essentially, it establishes a sustainable income stream that continues to increase as your organization expands.
  • Rank Achievement Bonus: In a Board MLM plan, a Rank Achievement Bonus is a powerful motivator. This bonus rewards distributors for climbing the ranks within the company. For example, reaching Silver status might earn a distributor a cash bonus, while achieving Diamond status could unlock even greater rewards. This tiered system encourages distributors to continually strive for higher levels of success. By setting ambitious goals and working diligently to achieve them, distributors not only earn more income but also gain recognition and prestige within the company.

 

Benefits of revolving matrix plan

A board MLM compensation plan involves a system of commissions and bonuses for the top level leaders and distributors in an organization. These commissions are paid to a distributor or distributors when they recruit new members to their downline. These commissions are based on how many people a distributor recruits and how many of them complete a board.

  • Commision calculation usually depend on the decision of the company and their rules.
  • Users of the Board mlm plan can create multiple boards within the network. This allows you to build multiple levels of downline, allowing you to profit the most from the least amount of work.
  • This structure allows you to promote your business to up to ten levels and still be able to reap the benefits.
  • This system also rewards you for making sales in your downline. This structure makes it possible to earn dividend bonuses depending on the amount of business you generate.