Advantages & Disadvantages of Binary Plan For Novice Network Marketers

While several compensation plans out there, understanding Binary MLM Pay Plan is critical for novice to multi level marketing. It is advised to look at both the positives as well as negatives of it as doing so will definitely help you to get success and allow you to earn a lot of money. A Binary Plan operates on a concept of limitation which is pretty similar to a 2 x 2 matrix. In simple word, its downline is restricted to only two members which will be separated by two legs, which are commonly known as the ‘Right’ and Left’ leg. In which commissions and rewards are generally paid on the performance of weaker leg which will be determined by the lower sales volume in a particular time span.  

Advantages:   

• Whereas most network marketing plans pay commissions once a month, Binary plan pays weekly or bi-monthly and this appeal attracts many network marketers who really looking for profit in a quick manner.

• Commission will be paid to deeper generational levels. 

• Very easy to understand and navigate to novice business associates. 

• Binary Plan Software can be used to avoid human errors and helps staying productive with business 

Disadvantages:   

Everyone is aware of the fact that nothing is perfect; same goes with this type of MLM Plan.  Though it works best when both legs are working productively, it sometimes creates trouble when one leg will radically out of performance. In such as case, your company would earn money, while you will not be able to earn anything.  

Most of the MLM companies which make use of binary plan generally pay rewards and commissions at set levels, while most of them pay on the basis of a set percentage of sales volume generated by the team. Apart from that, if you are looking for more earning, you ought to work hard, motivate your downline members and maintain balance between both legs.  It is lastly suggested to make proper utilization of Binary Plan Software solution in order to work efficiently in industry without any trouble.