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The Binary Good or Bad?
Probably the most controversial MLM compensation plan is the MLM Binary commission plan. The truth of the MLM binary compensation plan is it can be the fastest growning MLM comp plan out there as long as it is a cycling type of MLM Binary Plan. Throwing in MLM Matching bonuses can make it go even quicker.
The biggest complaint of the MLM distributors who don't understand the MLM Binary plan is that you get a big strong leg and never make any money as you never get the weak leg running.
My personal experience is this is hogwash. Most who end up with a runaway binary leg and never make money, never built the runaway leg in the first place, it was a gift from the MLM Leaders above.
Having a crazy leg built for you in an MLM Binary plan MLM company is a fantastic advantage. If you get to work, you can capitalize on a run away leg. If you do nothing, you will not and should not make any money. In a Unilevel MLM commission plan, you will almost NEVER end up with anybody placed underneath you, so a runaway leg in an MLM Binary commission plan is a gift and should be viewed as one!
The MLM matching bonus idea can help take the sting out of the very very rare case where you do build yourself a run away binary leg, and have a hard time getting a second binary leg to keep up to it. The MLM matching bonuses on your personal sponsored can make you a ton of money regardless of a second leg taking off. This is one of the fundamental ways of taking the last major objection to the MLM binary compensation plan.
The most interesting thing about the MLM binary compensation plan is so many peple pretend to hate it, but truth is if you look at any of the very fast growing companies lately, I mean in the past 5 years, they have all been cycling MLM binaries. The facts speak for themselves, yet this MLM compensation plan still has so many detractors.
I am personally a fan of the MLM binary commission plan if you want to grow a company fast and attract some of the power networkers.
The negative is, some of these type of networkers breeze in and breeze back out with their teams. If you have a solid MLM product and MLM comp plan, you should be able to keep enough shrapnel behind to have a nice solid MLM sales base to grow wave two in!
More later, gonna take a break now!
INS can certainly help to design an MLM Binary compensation plan should you need help with yours. We have a generous Share in the risk plan on MLM commission plan design available to all our MLM Software clients.
Contact us today to learn more about INS MLM Software or our other MLM related services or request pricing by Clicking Here.