Matrix Plan is a pyramid structure arranged into a fixed number of width(row) and depth(column) that restricts the number of distributors you can sponsor on your first level. It is represented by the formula width depth. Matrix Plan is also known as Forced Matrix MLM Plan or Ladder Plan. Matrix Plan limits the width and motivates to hire more members in the downline. Matrix MLM Software is a web based application that maintains the matrix MLM plan and it helps to keep track on downline’s incomes and expenditure. It reduces all manual works those are done by the MLM companies. Matrix MLM Software is efficient for all kind of MLM organizations whether they are small or big.
a) Dashboard - Dashboard contains list of boxes that can show member user id, sponsor id, placement id, total income, no of direct members, total active epin, available epin, no of used epin, current balance, pin wallet balance, level income, matching income, left sales, right sales, total left meber, total right member etc.
b) Profile - Member details will show here like name, email, dob, phone, address, bank details.
c) Change password - member can change the password from here.
d) Kyc - member can fill up the know your customer form with pan card, aadhar card, photo.
e) Nominee - member can fill up the nominee details form who will be his/her nominee.
a) Member Joining- New meber registration form will be there. Member can join new member under his downline.
b) Member Statement - List of sponsored member will be show here.
a) Level Income - Member can see all direct level or sponsor income. Based on sponsor id direct level income will be generated.
b) Matching Income - Member can see all matching income statement or pairing income statement. Pairing or matching can be generated based on left and right sales or based on left member or right member or based on left PV and right PV or left BV and right BV.
c) Matrix Income - Member can see matrix income statement like 3X3 matrix or 4X4 matrix. Matrix income statement will show based on level wise like Level 1, Level 2, Level 3... continue.
d) Daily Bonus Income - Daily return of invesment or ROI commission will show here. Based on administrator panel settings all daily bonuses will show here.
4. ROI ACHIVEMENT
a) View Achivement - Member can see ROI achivement recods details with date, amount and activation status.
a) New Upgrade - Member can upgrade his/her account to higher package using Epin Code or Wallet Balance.
b) View Statement - all upgrade package statement will show here including date, time.
6. CURRENT WALLET TO EPIN WALLET
a) New Transfer - member can transfer current wallet balance to epin wallet balance. Transfer charge will be applicable and transfer charge statement will be shown into administrator panel. Member can see all transfer statement. Once transfer balance will be deducted from current wallet and will be added on epin wallet.
7. EPIN WALLET TRANSFER TO OTHERS USER
a) New Transfer - one member can transfer his/her epin wallet balance to others user. Transfer amount will be deducted from sender user and will be credited to receiver user. all process will be instantly like fund transfer.
8. EPIN GENERATE
a) Epin Generate - member can generate new joining epin from his/her member panel using current wallet balance. Epin cost will be deducted from wallet balance.
b) Epin Statement - all generated epin will be show here and can see who used that epin .
9. TOP UP
a) New Top Up -user can active their downline accounts from his panel using valid epin code. Once active any user accounts then user will receive SMS notification and admin also see the statement at administrator panel.
10. REWARD ACHIVEMENT
a) View Statement- user can see list of reward of achivement statement.
a) Grid View - user can see their downline member list in level wise based on sponsor id.
b) Tree View - user can see tree view structure here.
a) New Withdrawal -user can put withdrawal request here. Once send withdrawal request TDS, Service Charge will be deducted and request will be send to administrator panel. Member will be notified that amount will be transferred within 24 to 48 hrs.
b) View Statement - user can all previous withdrawl request statement with date.
The distinct feature of a matrix plan is its limited width. Unlike other MLM compensation plans, matrix restricts the number of distributors you can sponsor on your first level, usually to less than five. The most commonly used matrix MLM plans are 4 x 7, 5 x 7, 3 x 9 and 2x12.
The multi-level marketing software plan allows the tree to grow with a depth and width of ‘width X height’ and as per the plan, the members placed in a particular order. Based on the width of the plan it is easy to locate the number of forefront members. There are many advantages which turn the plan support in earning better productivity, especially for the one who pick this as a part time distributor. An efficient software will help the business to manage all the parameters of a Matrix compensation.
In the Matrix MLM Plan, there are different types of compensation that are used to increase the stability of the Matrix structure and to make the team active. We offer the customized Matrix MLM Software to monitor your every plan from the single interface. Following are the Compensation Plans for Matrix MLM Software.
1. Sponsor bonus
2. Level Commissions
3. Matching bonus
4. Matrix bonus
Sponsor bonus is the earned amount from adding the downline members on the front line. The commonly used Matrix MLM Plan includes 4*7, 5*7, 3*9, 2*12 of width and depth.
Level Commission is the earned bonus by recruiting new distributors. The level commission can be received when the front line members hire new members and get a commission from their sale. This level can be extended to the nth level.
A Matching Bonus is the received commission by the sponsors based on the earnings of downline distributors whom they have sponsored. For example, if there’s a 15% matching bonus, and distributor X sponsors distributor Y; When distributor Y earns sales or any other commission or reward, the sponsoring distributor X – would earn a 15% match of the downline distributor Y.
Matrix Bonus is also an additional compensation to the distributors. The members will be eligible for this bonus when they filled their matrix.
The Infinite MLM Software supports to set up your own Matrix Compensation Plan. The admin control panel makes it easy for administrate your network, using simple user interface. Explore the Matrix MLM Software Demo and analyze the efficiency of our MLM Software. The demo shows the feasibilities of the MLM Software along with its features, rules, commission calculation and compensation parameters of Forced Matrix Plan. It doesn't matter whether the enterprise is at initial phase or small or large, our MLM Software is suitable for all type of industries.
"Matrix MLM Compensation Plan is one of the primary plans in Multilevel Marketing Business. In Matrix MLM plan, the down lines are arranged in fixed width x height matrix i.e. (W x H). This plan is referred as forced matrix plan where one distributor can grow his team within limited numbers of down line members."
Matrix MLM plan is popular plan among the MLM companies which helps in organizing various essentials. It is also known as “the ladder Matrix MLM Compensation plan or forced matrix plan”. Matrix Comp Plan is similar to a pyramid where the members are arranged in a particular manner. It is one of the most important unilevel plans which owe specific features. This unique featured plan has a limited width and length, so understanding the features helps in using it appropriately. Our MLM software helps to organize and understand the concept more easily. The matrix compensation plan supports in extending the tree as per the requirement and this comes with multiple features.
The popular matrix mlm plans are 2*12, 4*7, 5*7, and 3*9. The plan works by adding the default members to the first level and everyone else you sign up after the completion of the first level will spill over into the next level, and perhaps to deeper levels as per the plan.
If you choose 3*3 matrix plan, you can recruit three members to the first level and the rest will spill over to later levels with a depth of three level. Here the matrix said to have three numbers in width as well as in depth.
In most of the matrix MLM plan, the “matching bonuses” are defined by the different set of rules based on company’s compensation policies. Matching bonuses are certain extra benefits for the sponsors. When a new member gets any compensation like Matrix bonus, his sponsor will also get a certain percentage of that amount. AS Softech MLM Matrix Software is flexible enough to reconfigure in accordance with the company rules and ideas.
AS Softech matrix mlm software is having an option to change the percentage of sponsor bonuses. The sponsor bonus rule is configurable from the back office.
In Matrix MLM plan the level commission is the amount of profit or bonus that people earn by adding new members. This works when the first three members add new users and gain sponsor bonus and the next level members add three new users to earn some other bonus. This depends on the MLM compensation plan and can be extended till the nth level.
In AS Softech matrix MLM software the level compensation configurable to certain Width x Height. Business Administrators can configure different percentage rates from the back-office.
“Position Bonus” is the amount of profit or bonus people earn when a new member joins within the Matrix. Say, for a 4*4 matrix, a member will get position bonus when new member joins with in his 4 down-levels.
In matrix MLM compensation software the level compensation is configurable to certain Width x Height. Business Administrators can configure the rates or a percentage from the back-office.
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