MLM Monoline Compensation Plan is one of the booming and trendy MLM Plans these days. From the name itself we can understand the basic concept of this plan, it is all about pertaining to fall in the same “mono”(single) line. From this year, MLM Monoline Compensation Plan is becoming popular among all the Multi-Level Marketing companies.
How MLM Monoline Compensation Plan Works?
The interesting fact about this plan is that it is closely related to forced Matrix Plan. While moving into the technical aspects, Monoline Plan proves to have some benefits over forced Matrix Plan. That is, the forced MLM Plan works under particular number of slots (which is mandatory to be filled up); but in the case of Monoline Plan there is always a chance to earn every time when a new person joins the network. The structure of the downline depends upon the joining time stamp. The first who ever come will get more of the benefit.
Refer the example given aside; firstly, all members are placed in a single line. When (1) adds (2), (1) and (A) earns a referral bonus amount. This continues in a way by completing the chain, allowing (A) to earn the matrix bonus and re-enter back on the bottom of the line.
This is an attractive compensation plan because there is no limit or no mandatory level for this plan to work. Also in the case of monoline network, it is able to divide the profit shares. Apart from that, an important thing to be considered here is the timing (as this plan is completely based on the first come first serve methodology). It’s well known that a lot of new companies are into Monoline due to its popularity. Altogether, MLM Monoline Compensation Plan is a highly recommended MLM Plans.
What Type of Compensation Plan is Best for You?
I wouldn’t suggest to anyone that they choose their company based on the compensation plan alone. It may come into consideration, but there are more important things to consider when picking a network marketing company.
Over to you. Do your MLM company use the MLM Monoline compensation plan? How is it working for you?