Check your Plan Calculation.
The commissions are paid on a cycle basis. The duration of the cycle varies from company to company. The cycle duration can be 8hrs, 12hrs, 1 day, 1 week, 10 days, 15 days or even 1 month.
When a cycle is completed the members are paid commissions based on the matching pairs in the cycle.
For a cycle, a pair is typically calculated as follows:
- The count of members Bought forward on the left plus new members introduced on the left side and
- The count of members Bought forward on the right plus new members introduced on the right side.
- Commission for Current cycle pair =(Number of members joining*Fixed Binary Cost)/(Total Number of pairs)
If there are 20 members on the left and only two on the right. The 18 remaining pairs on the left side is called a power side.
Power side commission's paymentFor the commission payment purposes the balance side of the power leg is either carry forwarded, or in some cases it laps. In the above example the member will get a commission for 2 pairs only provided it is under the capping or ceiling limit.
- Any commission earned greater than the ceiling defined for a member is flushed. For example if a member has a capping of Rs 50,000 and if he/she has garnered Rs 75,000 as commissions only the capping limit of Rs 50,000 will be payable to the member as commission.
- There can be further additional deductions in the commissions as per the company's terms and conditions. This is called as trimming.
- The Payment of commission is done for unlimited depth i.e. the commissions are paid till the levels the members are registered and there is no reduction for multiple levels.
In case a company has a wide product range as part of the MLM scheme, The commissions can also calculated based on product points. These can be used a basis for calculation of the Commissions.
For example if the product "Mobile" is equivalent to 1 point and laptop is equivalent to 5 points. if on the left side there is a member registered with "Laptop" and on right side there are 5 members with "Mobile", then the overall pair count will be equivalent to 5.
Commissions can also be paid by the company based on the Royalty. Royalty can be of multiple types such as "Gold", "Silver", "Platinum" etc. It is calculated as per the achieved pair counts by the member. For example if a member achieves 400 pairs he/she becomes"Silver" on reaching 600 pairs he/she becomes"Gold" and so on.
The royalty amount is typically assigned as some predefined percentage of the company turnover. The royalty commission is given either given for a fixed duration or is lifetime depending on the company policy
Awards and rewards are another way of giving commissions by a MLM company. Award Rewards are generally calculated based on the number of pairs garnered during a particular defined time frame or it could also be without any time frame restrictions.
Eg when a member gets 10 pairs in a week he/she is rewarded with a 'Mobile' etc.
One of the fastest growing MLM plans, a binary plan can help an MLM company increase its customer base in a very short duration of time. Binary Plan has already proven to be as one of the fastest ways to increase a company's customer base compared to any other MLM plan.
A pyramid plan, the Binary plan is extremely popular among companies which deals with non FMCG based products like Insurance policy, Power saver and Suit length, etc. The Binary plan is typically used by the MLM companies who are looking for one time sell of their products to its members.
MLM companies generally attach many other plans along with the Binary Plan to their advantage. It includes other plans like Board Plan, Generation Plan, Investment Plan and Re-purchase plan.
This Binary plan has many variations and is also commonly known as :- Daily Binary
- Weekly Binary
- Australian Binary
- Smart Binary
- Repurchase Binary
- 1x3 Binary Plan (First 2 members as Left and third as Right )
- 1x4 Binary Plan (First Two Members as Left and next Two Members as Right)
Our state of the art Binary Software will ensure that you get a power packed and a robust Binary software complete with all the important features and trends. Our binary software consists of all the desired functionalities for members and MLM companies likewise.
Binary software FeaturesSoftware Features for MLM Company:
- Highly customizable as per the requirements of the company.
- Flexibility to change the pair value calculation at any given time.
- Ability for the MLM company to calculate their exact costing/Profit and joining amount per member by means of the software.
- Comprehensive reporting mechanisms on
- Credit member and pin joining.
- Convert to paid.
- Commissions will not be given until the credit pin/member is converted to paid.
- Ability to finalize entire MLM calculation including the most critical points for a binary plan.
- Per pair Commissions.
- Ceiling/Capping limit.
- Royalty Management.
- Awards rewards Management.
Software Features for members:
- Members can view the entire genealogy till unlimited depth without refreshing the page.
- Members can view their entire downline, Business Tree count till any member.
- By placing the cursor only the members can get all the info about their business tree/count.
- Extensive cycle wise reporting provided. It includes reports on
- Bought forward left and bought forward right.
- New joining left and new joining right.
- Total number of pairs.
- Carry forward left and Carry forward right.
FAQ
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What is Binary Plan?
Ans. It is one of the most common Binary Plan, that works on two-leg on either side. Each member has its two branches on either side. its forms a tree to unlimited levels.
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How will you set the calculation?
Ans. Commission calculation is done on basis of business volume points of legs. Business volume is calculated for each leg. Commission calulation varies from business to business, plan to plan.
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What is Binary Capping?
Ans. One can get maximum profit which is set by the CMD of the company.
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How will we make profit?
Ans. Mlm Companies decide how profit to be shared with its customer.
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What is 1:1 and 2:1 in Binary Plan?
Ans. Equal matching on both the side is 1:1 Binary plan. In 2:1 binary plan the first matching is of 2 legs on either one side and one 1 leg in any of the sides then 1:1 matching goes on.
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How much money can we distribute in Binary Plan on certain amount?
Ans. 30% of the joining amount.
See what our customers says about our service with Binary Plan.
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