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Binary MLM WooCommerce

Binary MLM WooCommerce 2.0.0

Developer
LetsCMS
board-mlm-woocommerce.png


Board MLM WooCommerce Software is a software application based on 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.

Board MLM Software Settings​

Compensation​

Configure the necessary features to configure the various forms of compensation, including Board commission, level commission, referral, rank, bonus and sponsor commission etc.

Payout​

Set the payout amount, whether it is a flat or a certain percentage as payout fee, payment method like manual payout by admin, or payout by user request, and you can also enable the mail regarding payout status in the Board MLM program.

Payment Method​

Enable/Disable the different payment methods like Razorpay, E-wallet, Bank Transfer, Blockchain integration, and many more in our MLM software. Configure the payment gateway by providing an API username/password, API key etc.

Commissions Brief​

Referral​

Referral commissions, also known as sponsor commissions or direct commissions, are earned when an existing member recruits or refers a new member to join the MLM program. These commissions are usually calculated as a percentage of the sales made by the referred member or a fixed amount for each referral. Referral commissions incentivize members to actively recruit new participants and grow their downline networks.

Level​

Level commissions are earned based on the sales or activities of members within specific levels or generations of the MLM participant's downline network. Each level represents a tier of recruits below the referring member, with the first level consisting of direct recruits and subsequent levels representing recruits referred by those direct recruits and so on.

Join​

Join commissions, also known as enrollment bonuses or starter bonuses, are earned when a new member joins the MLM program and purchases a starter kit or enrollment package. These commissions are typically one-time bonuses awarded to the referring member for recruiting and enrolling the new participant.

Matching​

Matching commissions, also known as bonus or override commissions, are earned based on the sales or commissions earned by members within a member's downline network. These commissions are calculated as a percentage of the earnings generated by personally recruited members or a specified number of levels deep within the downline structure.

Completion​

Completion commissions are earned upon achieving specific criteria or milestones set by the MLM program, such as reaching a certain sales volume, rank advancement, or team-building objectives. These commissions may be awarded as one-time bonuses or ongoing incentives to recognize and motivate members for their accomplishments.

Bonu​

These commissions are typically one-time bonuses awarded to the referring member for recruiting and enrolling the new participant.

Advantages Of Board MLM Plan​

Fast Elaboration​

To spread the network, each member & create new recruits in left & right leg, which has the potential to result in a faster downline network expansion.

Volume Driven Plan​

The Board plan makes sure that distributors who bring orders into their downlines while adding new members are rewarded more, which increases revenue.
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