Multi-Level Marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's "downline", and can provide multiple levels of compensation.
A strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales. The recruits are known as a distributor's "downline." All distributors also make money through direct sales of products to customers. Amway is an example of a well-known direct-sales company that uses multi-level marketing.
One of the most popular and trendy MLM Plan also called forced matrix plan. The basic formula of this plan....
This MLM Compensation Plan is also known as (2 x n) Matrix Plan, whereas the 'n' represents infinity.
Mostly known as the Revolving Matrix Plan, consisting of the following concepts; Single Board, Multi Board, Shuffling Board.
This plan allows the user to introduce one (uni) line of distributors without any restriction. Without a limitation.
It's not an extensively used MLM Plan, even though it is easy to understand and implement.
MGeneration Plan is considered to be the powerful MLM Plan which can be paid many levels deep