Multi-Level Marketing (MLM) or Network Marketing is going through an upswing across the world as more and more people are joining in fulfilling their financial goals. Different companies in different countries choose the business/marketing plans that serve their purpose effectively. Some of the popular plans that the companies deploy include binary, matrix, board, generation, hybrid and differential plan, among others.
Today, let’s talk about the Matrix Plan in detail.
The Matrix Plan
The Matrix Plan is a popular MLM plan, mostly prevalent in the African markets. There are two types of matrix plans – Forced Matrix & Auto-Matrix. In the auto matrix plan, the newly recruited member gets placed automatically in the available space under the sponsor.
The searching method used in the matrix plan: top-to-bottom and left-to-right formula. Whereas, in a Forced Matrix plan, the member can be placed by his/her choice.
The most significant benefit of this plan is its limited width and a limited number of users.
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How MLM Matrix Plan Works?
The way the matrix plan works is simple. The default members are added to the first level, and when new members are recruited, they spill over to the next level and even to other levels after that as the plan may permit.
There are two types of matrix-based structures which are commonly used, and they are either – 1-2-4-8 (2×2) or 1-3-9-27 (3×3), however, there are exceptions like 2×3, 3×7. A binary plan is nothing but a 2×2 matrix plan. Some companies also apply a 4×4 matrix structure or even a 5×5 matrix structure depending on their requirement. Ventaforce is specialized in implementing the MLM plans as per the needs of the clients.
Just like the binary plan, there are fixed members in this, but if the members’ count increases, then they might not have a place. In a Matrix plan, when the front line is filled up, the newly recruited distributors are placed deeper in the available slots.
Generally, income distribution for a matrix plan can be a pre-defined amount per member per level, just like a generation plan. But in some cases, it is dependent on the level completion.
Some Matrix Plans also have added features like adding members and distributors directly generating income for you. It is up to you how you want to make your plan look like. Adding extra features make this plan more powerful, productive and eye-catching.
Benefits of MLM Matrix Plan
For MLM companies who wish to start making money in the least possible time, Matrix Plan is the best plan option. This is because the Matrix Plan is one of those MLM plans that have the highest potential to make money right from the beginning. You start earning as soon as you start the business, and you continue earning as long as your plan runs.
All you need to do is, find some good network marketers to be part of your core team. Begin with these as founding members, offer them lucrative bonuses, and you will be on a path to attaining your financial freedom!
Other Benefits from the Spill Network:
The speciality of this plan lies in ‘spillover’ because distributors can sponsor a favourable number of other distributors in there down the line. This helps in building a deeper network.
This plan is straightforward to explain, and new members can understand it very quickly.
This plan is easy to handle and also free from risks because of its limitation in width.
You start earning from day one of the business as this plan overgrows in no time. As the members start multiplying, so does your income too!
If you are planning to start your MLM business and want to make lots of money in the quickest possible time, the Matrix Plan is the best choice for you. The Matrix Plans takes very less time to expand. If you have all the elements in a place like high commissions, training, rewards and recognition, bonuses and great MLM software, nothing can stop you from being super-successful with millions of people joining your company.
Also Read: Ways To Choose The Right MLM Plan
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