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 The exact structure can be customized according to your board size, filling sequence, qualification rules, cycle conditions and compensation rules.
  • 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:

  • Multiple Board Levels — Create and manage multiple boards according to your compensation plan.
  • Automated Board Placement — Automatically place eligible members into the appropriate board positions.
  • Board Completion & Cycling — Process completed boards and move members to the next board or cycle according to your rules.
  • Spillover Management — Manage member placement and spillover within the board structure.
  • Commission & Bonus Calculation — Automatically calculate board commissions, completion bonuses and other incentives.
  • E-Wallet Integration — Credit commissions and bonuses directly to distributor wallets.
  • Rank & Qualification Rules — Define eligibility requirements for entering or advancing through boards.
  • Admin Back Office — Manage members, boards, transactions, commissions and reports.
  • Real-Time Board Tracking — Let distributors view their current position, available positions and board progress.
  • Reports & Analytics — Monitor board activity, completions, cycling, commissions and business performance.

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: Some companies might use the term "board plan" differently, so it's essential to understand the specific compensation structure of the company you're considering.