Binary MLM Calculator:
One of the most popular compensation plans and it is used by the famous direct selling companies. The calculator looks like the below,
Just like the funnel process mentioned above, three factors are considered and used to analyze the business with proper input.
Let us explain the binary plan calculator using an example.
Greg is a business enthusiast and he got interested once he heard about direct selling industry facts and figures. But he was in a dilemma on how to start a direct selling business. However, he managed to find the working and studied the industry very well following the FTC rules. But what about the financial side? What’s the profit in this deal? I got a free software demo but what about the concerned details like compensations, tax, and much more? Where can I try it out other than the demo?
Now you may see how we helped Greg with the best available solution, we shared the calculator with him and boom! There you go! He is happy with the results, let’s take a look at the input and the corresponding simulated output!
His production cost for a product is $35 and he calculated the results for 7 members. After paying the bonuses and other charges he still manages to get a profit of $355.10. Greg is too happy with the output and would never have calculated these details manually with such ease. It just took a few seconds to load the expected result and everything he desired is on the screen just like Thanos snapped the finger and half the species on universe vanished or wiped in the air!
The simplest way to explain the usage of MLM calculator!
Matrix MLM Calculator:
Just like the binary compensation plan, matrix plan is also considered as one of the basic plans with wide applicability. A Matrix software brings all the advantages of the matrix plan under one roof. As the applicability of the plan is higher the demand for a dedicated simulator availability is also high. Here you go, a proper explanation & the guidance about the matrix plan is provided in the next section.
Let’s take a user story to explain the scenario in the simplest way!
Annie owns a casino and business looks dull these days. She was thinking to increase awareness and was planning a new game with an attractive cash prize for the winners. Her close friend Adam works for a direct selling company and he gave her advice to implement a direct selling plan for her new idea. She found it amazing and made up the mind to make a try. The idea was successfully implemented and people began to become aware of the casino!
Annie got anxious, however, she made an impromptu decision and like to make things well organized. Adam with his experience in the industry suggested a plan simulator to grab a quick idea about the probability of expenditure and its output!
He had heard that matrix plan is the best compensation plan for this type of gaming business were lots and lots of people find it attractive and join the business network. Adam shared the following plan simulator website link – https://www.epixelmlmsoftware.com/matrix-mlm-calculator
Annie with her game idea carefully filled out the details and the profit side looked amazing! The details she provided as input and it’s simulated looks like the below.
A rough analysis is done and let’s break it down. The game is more like a lucky draw and the initial cost is purely nothing! However, managing it manually is a difficult task, hence need to automate the business. Usually, a basic package is well enough for the managing part, say, $1500 for the package and it’s more like a long-term investment.
From the simulated output, the profit after finding 40 members is 3,160 USD. Annie will get an amount of 1660 USD after deducting the software charges. Now about the prize for the casino game, Annie is planning to provide free casino tokens to the winner and set for a particular day of the month. They get to roll the dice in the casino as well as win more tokens if lucky!
As more people join the casino game, the profit starts to race higher as there are no additional charges afterward just the tokens that are worth a good amount of deal. Matrix plan calculator is brilliant enough to analyze the business during every stage of business!
Unilevel MLM Calculator:
Yet another basic plan compensation calculator is unilevel MLM calculator and is used by many direct selling organizations. We’ll explain the details about the calculator again with a user story.
Tim has been very busy lately with his teaching talent and he wasn’t getting enough penny for the efforts. So, he decided to give a try in digital learning or e-learning. He has already prepared learning materials for different courses with video tutorials and he contacted the LMS development team to have a platform for providing e-courses to online learners.
He launched his e-learning website with high hopes but things weren’t as pleasant as expected. Just a few signed up and started learning courses! He wasn’t happy with the results and heard of the opportunities in direct selling. He studied the industry carefully and come up with a decision to use the existing learners to find more learners using a direct selling program.
For best results and brand awareness, he found the Unilevel marketing plan as a suitable compensation program. He would like to know what will be the final output of the program so he found a unilevel plan calculator integrated into a Unilevel MLM plan software. The results after providing the input look like,
The information he entered here is a basic data and if each learners refer their friends to the system then the profit will be high. Joining fee is the course fee and bonus will be provided for referring a greater number of people into the learning system.
The business profit looks good and getting attention from e-learners is the ultimate aim. With direct selling business, it can be easily achieved! More learners, more satisfaction, more business!
In short, the best way to create a financial statement in advance with proper input is having a plan simulator and things will become easier. Well, a plan simulator is not that easy to work out by your own methods, it does have particular formulae and conditions. Here the MLM calculators provided from Epixel MLM Software developers are used to find the results.