Multi Level Marketing [MLM] for Magento 2: Magento 2 Multi-Level Marketing refers to a business strategy. Magento 2 MLM sells products and services through a non-salaried workforce. It uses a binary tree commission system. Also, it is referred to as network marketing or referral marketing. It allows you to establish deeper into network marketing. Also, it gives an extended visitor base to your sponsors and their sub-sponsors.
Magento 2 Multi-Level Marketing gives you the best advantages of referral marketing. As it allows you to add many levels and tiers into the sponsors’ network. Thus, Magento 2 MLM expands your online business. Magento 2 Multi-Level Marketing module allows your sponsors to bring in sub-sponsors.
Thus, they can grow their genealogy tree. The sponsors and sub-sponsors earn the bonus for adding sponsors. Also, they earn on completion of each sponsor's level within the tree. The sponsors earn the commissions for adding their two sub-sponsors. And they keep earning next commissions as their network grows.
Further, it allows the admin and respective sponsors to earn a set commission percentage. They get a commission on product sales, new member joining, and sponsor member level-up.
Expand Your Business
Magento 2 Multi-Level Marketing gives you the opportunity to expand your customer base. Also, it brings a wide network of sponsors and sub-sponsors.
Manage Magento 2 MLM Activities
This module provides you with a set of specialized tools. Thus, they help you to manage and organize Magento 2 MLM accounts.
Many Sponsorship Levels
This module facilitates you to create different sponsorship levels. The admin can create levels like silver, bronze, gold and more to set the priority of the sponsors.
Commission To All Sponsors On A Product Sale
Everyone in the network receives a commission on a product sale. From the child sponsor to the last parent, they all get a set commission on a product sale.
Commission Logs Available
It maintains a log of commission transactions.
Sponsors Genealogy Tree
All the sponsors and sub-sponsors can view the genealogy tree of the network.
Commission To All Sponsors On A New Member Joining
Everyone in the network receives a set commission on a new member joining the network.
This module displays monthly and lifetime earning statistics of the sponsors.
Why Do We Need This Module?
The key goal of any business is to increase its sales conversion and turnover. Magento 2 MLM is the perfect solution for the enterprise that wants to grow. In fact, companies that use multi-level marketing. Indeed, they encourage existing sponsors or distributors to recruit new distributors.
They are referred to as the “downline” of the prevailing one. The Magento 2 Multi-Level Marketing strategy is useful to both the admin and the sponsor. So, your e-commerce store can gain access to an extended customer base. Thus, multi-level marketing expands your business in a wide geographical range.
Join as Sponsor
- To join the program the customer will have to login or create an account on the website.
- Now, the customer will need to enter a sponsor referral code to register himself as a sponsor.
- Then, the registered users will also get their referral code.
- They can use it to refer to other customers as well. Whenever a customer registers himself as a sponsor.
- He comes as a child under the sponsor whose referral code is used while registering.
- And after getting registered they will get their own dashboard.
- This will enable them to track their activities and progress.
- Not only that, but they will also get their genealogy tree that will help them to keep a track of their prospects.
Levels and Roots in Tree
- Magento 2 Multi-Level Marketing is a horizontal tier of sponsors in the network tree.
- Here, the sponsor will be the root of the tree of his sub-sponsors.
- And their prospects will be under the tree in chronological order.
- Also, sponsors will get more commission on their and their prospects level up.
Sponsors Dashboard and Wallet
- Magento 2 Multi-Level Marketing provides sponsors with a separate dashboard and wallet.
- After logging, the sponsor can view all the sponsor details.
- Here, the dashboard will also display details like referral link, payment method, and genealogy tree.
- The dashboard displays the essential details about the account information.
- Also, it displays the orders, account information, address, product reviews, and newsletter subscription.
- The admin can view the entire sponsor’s genealogy tree.
- Also, the admin can see the members in the tree format in the right order of joining.
- Thus, sponsors will also be able to see their prospects by the means of the genealogy tree.
Sponsors Sales Commission
- In the Magento 2 Multi-Level Marketing, the admin can set the commission rate for the sponsors.
- Also, this module allows the admin to view the commission logs for the sponsor tree.
- Sponsors receive a commission percent on product sales.
- Also, they get a commission on new members joining, and sponsor members level up.
- Also, the admin can set the different commission percentages on the different levels.
Sponsors Referral Code and Email
- The admin can set the format for the referral sponsor code according to his choice.
- Also, the admin can set the referral email and content here to send for being referred.
- Sponsors can also send referral codes or e-mails to the customer to join as sponsors.
Manage Magento 2 MLM Activities and Member Level
- Magento 2 Multi-Level marketing equips you with a set of specialized tools.
- Thus, they help you to manage your marketing network.
- Also, it provides a few other Magento 2 MLM tools that allow the admin to track your customers and recruits.
- This module helps you to organize and report day to day sales, revenue, and profit.
- Magento 2 MLM offers sponsors to work full-time or part-time to best adapt their schedules.
- Magento 2 Multi-Level Marketing enables the admin to see the status of all the prospects.
- Also, the admin can keep a track of the earnings of the prospects.
- Also, the admin can also create the levels and adjust the settings according to their choices.
- The admin can set a maximum amount at a certain level, bonus amount, priority, level name, and the badge image.
- Even, the admin can make changes to the existing level.
- Customers can use the sponsor dashboard to view the earning and other details of the sponsor.
- Also, the admin can set the commission for the sponsor tree.
- The admin can view the entire sponsor tree.
- The admin can create different levels for the sponsorship members.
- Also, the admin can set the priority for the levels like gold, silver, bronze, etc.
- The admin can view the genealogy tree of each sponsor.
- The admin can release the payout for each sponsor from the admin panel.
- Commission for each sponsor on level up can also set by admin.
- Sponsors can have their separate dashboards.
- They enable them to track their Magento 2 MLM activities and the progress of their prospects.
- They can send the email automatically.
- Also, the admin can create and change the level of their prospects.
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