In Hybrid Business Plan, the down line members will make higher percentage in comparison to the sponsors of the multilevel marketing organization. Basically, hybrid means a combination of more than two, as exactly our developer’s design and develops Hybrid MLM software.
This is also the combination of two or more than two business plan which is commonly used by the multilevel marketing companies for the growth and development of the company. This business plan also creates the best platform for the distributors to earn in much better way.
How it Works
The Hybrid plan consists of the two mixing of binary compensation plan and Uni level compensation plan. This plan consists of two legs. The recently sponsored is placed alternately in each of these legs- left and right continuously. It is beneficial if we find a balance between both legs. Hybrid plan is paid approximately 10% and 20% of the weaker leg. From this plan we can add the share Level compensation plan. It is reflected in the term matching bonus, or generation.
Bonus Types in Hybrid MLM
Fast-Start Bonus
This bonus will be given to the distributors if they achieve the target within a particular time period and also applicable only for newly joined members.
Sponsor Bonus
The “Sponsor Bonus” also known as “Referral Bonus” is the benefit given to the members to bring new users to the network. Users can get this bonus by bringing more and more new members to the network.
Custom Bonus
Bonus structure or rule that is in demand can be customized by the back-end team as per organizational requirement and strategies. Business admin can make such an algorithm to plan a new bonus in accordance to the adapted plans.
Advantages of Hybrid Plan
It is beneficial if there is a balance between both left and right legs.
The major advantage of this plan is that the turnover of equipment is not only in the hands of sponsored people but also in collaboration with the upline.
The hybrid Business plan helps you to grab more and more consumers as the multi-level marketing company can also stand their own business in quick time.
This is one of the fairest plans which also give advantages to the determined person.
From this plan, we can add the share of Unilevel compensation plan. It is reflected in the term matching bonus, or generation.
It is most useful for an entrepreneur. This plan is highly profitable, and it suits better to enhance the MLM business.