Binary Plan MLM Software
Binary Plan MLM (Multi-Level Marketing) software is designed to manage and automate the operations of a binary MLM structure. In a binary plan, each distributor recruits two members under them, creating a left and a right leg. The software is essential for tracking performance, calculating commissions, and managing member networks. Here’s an overview of what it includes:
Key Features of Binary Plan MLM Software
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Member Registration:
- Allows members to register and join the network.
- Assigns positions (left/right leg) automatically or manually.
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Genealogy Tree View:
- Visual representation of the network structure.
- Shows sponsor and downline hierarchy.
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Binary Commission Calculation:
- Calculates commissions based on the weaker leg’s volume.
- Includes capping limits to control payout amounts.
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Payout Management:
- Automates weekly, monthly, or custom payout schedules.
- Integrates with payment gateways for smooth transactions.
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Wallet System:
- Virtual wallets for members to view earnings and withdrawals.
- Allows fund transfers between accounts if enabled.
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Matching Bonus:
- Tracks bonuses for members achieving specific milestones.
- Incentivizes team performance.
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Leg Volume Management:
- Tracks PV (Personal Volume) and GV (Group Volume) in each leg.
- Balances sales volume to calculate earnings.
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Admin Dashboard:
- Centralized management for admins to monitor overall performance.
- Tracks member activities, sales, and financial reports.
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E-Wallet and Fund Transfers:
- Enables seamless financial transactions within the platform.
- Supports cryptocurrency payments if required.
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Repurchase and Renewal:
- Automates product repurchase cycles or membership renewals.
- Keeps the business active and consistent.
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Multi-Currency and Language Support:
- Adapts to global business requirements with multilingual and multi-currency support.
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Mobile App Integration:
- Provides network access and real-time updates through a mobile app.
- Ensures 24/7 connectivity for members.