Do you know what are the best different types of MLM Plans available? If No, then this post is for you.
According to the modern Multi Level Marketing System or MLM Strategies, there are a number of network marketing plans you can choose from.
So without any further delay, let’s get started.
1. Binary Plan
Binary plan also known as 2Xn Matrix MLM plan. Here n represents infinity.
Binary plan is very easy to use and implement. It is also highly profitable for users and plan owners simultaneously.
The major distributors of a binary plan are also called Business Centers.
2. Matrix Plan
Matrix MLM plan is different from Binary MLM. Matrix MLM plan has the fixed depth and width structure.
And do you know what is best about this? It is currently most trending MLM plan available in the market right now.
The Matrix Compensation plan, also known as Forced Matrix Compensation Plan. The basic formula of this plan is calculated in the “width * Depth” form.
3. Board Plan
Board MLM plan is also popular as Revolving Matrix Plan.
The first thing in this is, this board MLM plan always split when it filled. And the second thing is the board leader graduates to the second board that is revolving.
It is also one of the trending MLM plan structure.
4. Unilevel Plan
Unilevel MLM Plan is one of the simplest MLM plan concept.
And it allows you to sponsor only one line of distributors. And anyone can very easily explain this MLM to the newcomers, this is the beauty of this MLM plan.
Since this MLM plan has no limitations so you can easily add any new member and increase the downline.
5. Party MLM Plan
This is one of the latest MLM Plan. In this, the Multi-Level Marketing business is promoted by organizing social events.
And the MLM companies or their distributors introduce their products to customers via meeting or directly calling them at home.
6. Gift MLM Plan
The gift MLM Plan is also known as the Donation Plan or Help plan. And it is also the brand new version of multilevel marketing or network marketing.
Since there is a great assurance of success, most MLM Companies prefer investing their money, time, and efforts by purchasing this plan.
7. Hybrid MLM Plan
A Hybrid MLM plan is a combination of two or more traditional compensation plans.
It is used by the MLM Company for the growth and development of business assistance. In this plan, only one step (or) stage can be concentrated for some period.
The affiliates will also get more income from this plan. Usually, the combination of binary and Unilevel MLM plan is preferred.
8. Australian Binary Plan
MLM Plan is very simple to understand and somehow similar to the tri-binary MLM Plan.
The only difference between Tri-binary and Australian Binary plan is in the matching.
This plan is the extension of the American Binary Business Plan. People looking for perfect MLM Solutions will give privilege to the Australian binary plan as well.
9. Generation MLM Plan
The generation plan is based on generation structure. Usually, the generation income is distributed as per generation levels.
The plan is based on a pure product selling concept. Generation Plan is a Network Marketing Business Plan which can be paid many levels deep.
It works perfectly with clients who are having large consumer durable products.
10. Stair Step Plan
MLM Plan which is used by many large established companies today.
In stairstep Breakaway pay scale is based on the product being moved and volume being generated in your business.
Here the members are permitted to sponsor an unlimited number of frontline distributors/associates. Also according to this plan, the affiliate will get more income.
Conclusion
In this blog post you will learn about the different types of MLM Plans.
If you find this blog post informative then you can share this with others also.
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