WHAT IS BINARY MLM PLAN?
The MLM Binary plan is most preferable and popular plan among the MLM companies. To explain to briefly, a Binary MLM plan, as the name suggests, allows you to have only 2 direct down lines (Right leg & Left leg ) in your network. Yes… just two. Any distributor in this MLM business plan can have only 2 direct down lines. If you wish to grow your network, you have to keep adding down lines to your down lines.
Compensation in a Binary plan is based upon a formula dependent upon a certain value of sales in the Power Leg matching up with a certain value of sales in the Profit Leg.
MLM businesses pay pairing bonuses to distributors for the down lines placed under their direct down lines. The maximum pairing bonus will be calculated by the plan you choose and the rules fixed by the company
It is same like in other compensation plans. This as a motivational bonus because these type of bonus is offered by sponsors to make members active in stable network expansion
It is the amount earned as a percentage for every person signed on by your down lines. This actually starts almost 5-6 levels below you and is actually a motivation for you to grow your network deeper.
This bonus is paid to existing members when they turn eligible to the higher level or rank. It acts as a promotion bonus in the MLM industry.