Board Plan: A Structured Network Marketing Approach

A Board Plan is a network marketing compensation structure where members are organized into a fixed matrix or "board." It's also known as a Matrix Cycle Plan".

How it Works:

  • Fixed Structure: The board has a predetermined size, such as 2x2, 2x3 Every member can recruit two people, one for each leg.
  • Member Placement: Each member has a specific position on the board.
  • Completion and Commissions: When the board is filled with members, a commission is earned.
  • New Boards: After a board is completed, members can start new boards.

Key Features:

  • Limited Depth: Unlike unilevel or level plans, board plans have a defined depth.
  • Focus on Width: Building a wide network is crucial for completing boards and earning commissions.
  • Potential for Multiple Boards: Members can often work on multiple boards simultaneously.

Vidual example In a 2x2 board plan, each member has two positions below them. Once all four positions are filled, the board is complete, and a commission is earned. The member can then start a new board.

Advantages of Board Plans:

  • Clear Structure: The fixed matrix provides a clear path to earning commissions.
  • Potential for Fast Returns: With rapid recruitment, boards can be completed quickly.
  • Multiple Income Streams: Members can work on multiple boards for increased earnings.

Disadvantages of Board Plans:

  • Limited Growth: Once a board is complete, further growth is restricted within that board.
  • Dependence on Recruitment: Success often relies heavily on recruiting new members.
  • Potential for Saturation: As more members join, filling boards can become challenging.

Important Considerations:

  • Legality: Ensure the board plan complies with all relevant laws and regulations.
  • Product Focus: While building the board is important, product sales should be the foundation of the business.
  • Risk Assessment: Understand the potential risks and rewards before joining a board plan.

Note: