A forced matrix compensation plan, or matrix compensation plan, operates much like a unilevel plan does, but with one main difference. Each distributor can only sponsor a certain number of frontline distributors. Any additional distributors must be placed further down in their organization – such as their second level – and placed under another distributor.
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The distinct feature of a matrix plan is its limited width. Unlike other MLM compensation plans, matrix restricts the number of distributors you can sponsor on your first level, usually to less than five. The most commonly used matrix MLM plans are 4 x 7, 5 x 7, 3 x 9 and 2×12. Like this plan, also the design of Board Matrix is a 2 x 2 Matrix that is also known as 2 x 2 Matrix Cycle Plan.
Use this section to create the various products that you would like to offer on your site. This will not add any e-commerce functionality on your site but would enable you to sell multiple products on your site without the need to install an ecommerce plugin. Each product will be mapped to an ePin. More details about the same is available under the ePins Tab(ePins tab would visible, if you have activated the “Activate Epin” option at Epin Settings at General tab page.
Maximizing a forced matrix compensation plan comes down to the details. In theory, the plan looks perfect. In reality, things can get out of whack if the plan is poorly designed. Look for a plan that is fully compressed so it eliminates the holes when reps drop out. Avoid narrow width plans (such as 3 wide) because they tend to feature too much spillover from the upline, which gives the heavy hitters an advantage over most other reps (same issue as in a binary compensation plan, discussed next.) Lastly, look for a plan that requires a certain level of personal building (either volume or sponsoring) from your own efforts (excluding spillover) in order to avoid attracting the “welfare minded” distributors who rely on spillover.
The payout settings tab is where you would setup the compensation plan for your network. First you would need to select whether the commissions payable are a fixed amount or a % amount. If you have setup multiple products in the Manage Products Tab, logically the commission type should be set to %. If you are offering only one product then the commission type can be set to a Fixed Value.
In the admin side of Firestorm® you can also configure Matrix check matching bonuses. A matching bonus typically pays a matching percentage to the sponsor of the person who earned a Matrix level commission. Matching bonus can be configured on any level of payout for any sales rank, allowing total flexibility, including multiple level matching bonuses.
Main point is, that you want to keep in your affiliate program not just few best performing affiliates, but all the affiliates who ever registered. Best way how to keep all the affiliates motivated is to give them periodically commissions and notify them about each commission they receive. The more active affiliates you will have, the more of them will try to promote you. You can consider also number of back links to your site, which will just grow. Newbie affiliates can see in Forced Matrix advantage to stay with you, because they can earn commissions even if they will not be so successful in recruiting of new sub affiliates at the very beginning. Forced Matrix is also kind of a solidarity of better performing affiliates with newbies in hope, that their sub affiliates will stay motivated and will improve in the future (and in fact earn commissions also for performing affiliate, which referred him).
Matrix Plan is a pyramid structure arranged into a fixed number of width(row) and depth(column) that restricts the number of distributors you can sponsor on your first level. It is represented by the formula “ width * depth”. Matrix Plan is also known as Forced Matrix MLM Plan or Ladder Plan. Matrix Plan limits the width and motivates to hire more members in the downline.
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Setup couldn't be easier... You set the one-time joining fee, and the commission payouts for each level. Plus the added value of offering banner views and text ads to your members is a popular solution for in-house advertising revenue. You'll find this an extremely versatile, powerful script -- and like all YourFreeWorld scripts, it's a snap to install and be up and running in just a few hours. Then you will find how easy it is to start generating revenue.
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