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Compensation Strategy To Know Before Jumping In

January 19, 2012 in Business Opportunities, Company Reviews, Direct Selling, MLM, Network Marketing with Comments Off

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You gotta love the home business industry.

It’s so awesome in so many ways and it has paved the ways for me to just live an awesome lifestyle.

but…..

Jumping into a home business and NOT knowing about the REAL Compensation Strategy will make it seem like your bank has a black hole just sucking down your hard earned commissions… ARRRR

Following is some video’s put together by my friend and teammate Lawrence Tam.

Compensation Strategy Video #1 – 1/2 Tier “Your The Team Effort”

1 tier compensation Compensation Strategy To Know Before Jumping In

1 Tier Compensation Example

This is where I stared and made a LOT of money… but it’s not all happy and great

Why?

You better be He-Man as your not going to get much love. All traffic needs to be self generated and 2nd tier does help but mostly won’t do much until you hit some crazy numbers well over 500 before you really know if you can duplicate… the mistake I made…

This is a great starting point but the traffic is never going to go viral. Your going to have to do all the heavy lifting and it’s going to be costly if you don’t get your traffic to income down.

Compensation Strategy Video #2 – Binary “Lost Inside”

Ah yes…. the Binary System so many companies have jumped on to.. It has made me money. It has made a lot of people okay money…

But take a look to how many are making money worth staying?

This was one of the hardest things to do… The company didn’t close but the writing was on the wall

  1. If you sponsor your close friend on a “power leg” then you basically make $0 on their monthly autoship and volume productions. If you put them in your paid leg then your going to have shafted them by not giving them the bigger leg. Plus THEY get no real love now because they too have to build their “inner” leg and if your PERSONAL volume doesn’t flow well you just made your friend have to build 2 legs… shaking head
  2. What kind of compensation is there really? Most of the binaries I’ve seen and the 2 I’ve been in do NOT have a car bonus or huge cash bonus until your on top of the comp plan with a huge downline….I’ve hit a lot of higher levels and let’s just say putting in 50+ people personally in a short period of time and I got a piece of paper that said… “thanks”
  3. Look at the corporate emails to see how many people are actually “RANK Advancing”. It’s easy to see. If you have a company that is NOT growing how do you expect to change that trend? Sure early to market is one thing but you better have a better strategy than to rely solely on the compensation strategy to make you win some nice cash kick backs. One of the companies I was in out of the ENTIRE company there were like 25 people in TOTAL that were rank advancing…. Shaking head…

Compensation Strategy Video #3 – Unilevel “Go Wide”

Unilevel Compensation Plan Compensation Strategy To Know Before Jumping In

Unilevel Compensation Plan

This is where I started and made a lot of offline money here.

I love this compensation plan except the fact people who sponsor more than #3 people will just go WIDE… yeah.. basically shafting everyone they brought in… Overflow is a very rare occurrence and even more more so once they rank advance.

If it wasn’t for going wide and that you can’t really help people because your trying to go wide to make sure to not “leave people” attached to duds who do nothing… it’s critical you do NOT pair up players to scrubs. It will kill your team atmosphere.

I mean… if this compensation plan could only have a way to put people on a waiting list so you can then pair up people AND have spillover….

Compensation Strategy Video #4 – Unilevel + Matrix + 60 Day Waiting Period “Spill Over Madness”

Visalus Compensation Plan Compensation Strategy To Know Before Jumping In

3 x 3 max. Rest Overflow

The image above is a visual way to see it. See. If you have real over flow in a 3×3 then it’s not longer a real unilevel. The way it’s changed up to allow people at top to send OverFlow volume down in a 60 day window is just magical.

The person at bottom is no longer the short man with the stick. It’s all about performance and if you do your work there will be volume from above waiting to help you get to the “NEXT” level.

See, this compensation strategy is one that lends itself to leveraging people at top to WANT to give you volume as long as you perform and hence the birth of “contesting” for spots and volume.

The psychology behind this is awesome. People want to “win” and what you did is build a winning organization vs one that complains about everything in the worlds.

Go get it done and this compensation strategy will come in to help you.

 

Visalus Compensation Plan 2 Compensation Strategy To Know Before Jumping In

3×3 but with 60 days to PLACE people

This is just a full blown matrix of 3×3 but i want to just show that people MUST go down and people above are pushing down even though unilevel doesn’t have that… this is why I say it’s a unilevel + matrix

If you noticed… in Video #4 it is Business time…. I took my glasses off. ahhah

To come in and leverage my team, my overflow, my internet marketing groups, my offline training groups, and just to hang out with a cool bunch of people moving to make some “serious” money for the masses… putting $500/month + and a BMW in their drive way…. that my friends is how we are going to help out the middle class.

So what leverage?

  • I’m the #1 money earner in Empower Network (over $90k in 9 weeks)
  • #2 all time in leads generated in MLSP
  • Magnetic Sponsoring Super Affiliate
  • Have had plenty of $1,000 days while riding a rollercoaster and $10,000 days when on vacation
  • My sponsor joined Visalus at the same time (Toby and Layla Black) and using traditional offline skills and online marketing principles brought in over 50+ people into our team in 24 hours.

Where do you think people have to go in 60 days? …. Yep… under those who work and move. There is love for all that work… no love for squatters and position hoggers… Just real love for those wanting to change their lives.

See you on the other side and leverage a real compensation strategy that works for you vs against you icon wink Compensation Strategy To Know Before Jumping In

 

Work with Toby & Layla, Lawrence Tam and myself the ‘Social Cowgirl’ in Visalus and Utilize REAL Leverage

 join now Compensation Strategy To Know Before Jumping In

 

To Your Success,

Cynthia
~ Social Cowgirl

IMG 9592 200x300 Compensation Strategy To Know Before Jumping In

 

PS. $10,250 in One Month Cash Loophole Found While On Vacation

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The Relationship Between Marketing And Sales

January 14, 2012 in Direct Selling, Network Marketing with Comments Off

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Relationship Marketing23 The Relationship Between Marketing And Sales
When comparing marketing with sales and considering how they relate to one another I always think of the medium sized business where I had my first job. The marketing department people were serious and analytical, always busy with statistics and campaigns and meetings. The sales people were breathless, always on the go, always on the phone or going to meet customers, always on the cusp of some enormous deal, some magic sale that would catapult the company’s turnover way over the annual target. As a junior it seemed to me that the marketing people and the sales people were from two different planets. I now know that they were simply two parts of the same continuum.

Marketing can be described as the set of activities that are undertaken in order to generate leads, while selling is the act of turning a prospect a hot lead into a buyer and later a repeat customer. The marketing and sales functions of any organization are glued together by leads. If there are no leads, the two will fall foul of one another. I saw this in that business I was describing earlier. But leads work both ways. The marketing department has to deliver them and the sales department must act upon them to maximum advantage. But leads must first be generated and that is why marketing tends to overwhelm the sales function when the two are discussed.

The various forms that marketing takes are well known because they are so visible. They range from cold canvassing to brand or corporate advertising, through to the more targeted types of marketing such as direct response advertising and referrals, where the particular benefits of the product is explained to the customer. If this is done properly, then qualified prospects will actually approach the sales people for assistance. Sales people love those leads. It is in fact when the sales people take over the communication function that the lead ceases to be a lead and becomes a prospective customer, then a customer and finally a repeat customer.

Actually I have painted a somewhat idealistic picture of the lead relationship between the marketing function and the sales function. It is just not that simple because not all leads are equal. An extremely tiny percentage leads are customers who are ready to buy. Most of them are merely interested in possibly buying at a future date and some are just mildly interested, just browsing. That’s why it is important to have some sort of lead management system so that potential customers can be turned into buyers and buyers can become repeat customers.

All follow up communication should be friendly and informative, definitely not hard sell. The company representative should be regarded as a helpful expert rather than a rabid sales person. Fortunately many of the follow up functions can be automated to take the form of email, direct mail, voice broadcast and fax broadcast. Obviously the lead would be encouraged each time to call directly if they have questions or a ready to buy. The follow up effort is usually a function of the marketing and sales departments combined.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

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7 Residual Income Secrets

January 12, 2012 in Business Opportunities, Network Marketing with Comments Off

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Residual Income19 7 Residual Income Secrets
Residual income is income everyone dreams about – recurring income that continues to be paid to you long after your efforts have ended.

It is much different that employment income, where you are paid for a unit of effort. Residual income is different in that it can pay much more than the value of the initial effort, and free up your time so that you can begin to work on additional sources of residual income. That’s what is called multiple streams of income.

Residual income can be created in many different ways.

Here are the most popular methods:

Create a product, and sell it over and over, ideally by using an automated system.

Affiliate program. Usually, for this to be considered residual income, the affiliate program should be selling something that renews, like a subscription or consumable product (so that a single customer can produce an ongoing stream of income for you). Affiliate programs are also called associate programs, or agent agreements.

Create copyright material. This is usually music or writing, and you get residual income in the form of commissions for every unit that is sold.

Compensation models. Some methods of employment do not include an hourly wage. The employer in this case usually works out an arrangement where a share of the profits will be paid to you in exchange for the work you do. This is common in commercial websites where a revenue stream is created – the web developer may be paid a percentage of ongoing revenues rather than paid up front.

Revenue creating assets. Some assets like real estate can produce residual income, by creating situations where rental income is produced. Residual income in real estate can also come from the assignment of property rights, like when oil is discovered and you assign drilling rights to a company in exchange for a percentage of revenues.

Network marketing. Companies that pay you to sell products and recruit others to sell are called network marketing or multi-level marketing companies. In network marketing, the effort is in building a group of others that also sell the product (called a downline), and then receiving residual income based on the sales of everyone in your downline. It is one of the more popular ways to earn residual income, but also one of the riskiest methods, due to problems like poor business plans, non-compliance, and management corruption.

Investments can also be considered residual income when those investments pay recurring income, like an income fund.

Residual income can be a gold mine for you, if you know how to secure a consistent ongoing income stream. While some methods require skills or creativity, other sources of residual income require only knowledge of the opportunity, and by taking advantage of those opportunities, residual income can be created.

Once a residual income source begins to pay, it can become extremely rewarding. Many people who receive residual income begin to actively seek out other methods to receive additional residual income.

Residual income is one of the best ways to achieve time freedom and enjoy the important things in life.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

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Robert Kiyosaki Endorses Network Marketing

January 10, 2012 in Business Opportunities, Facebook, MLM, Network Marketing with Comments Off

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robert kiyosaki1 Robert Kiyosaki Endorses Network Marketing
If you have ever read the book called, “Rich Dad, Poor Dad” you know who Robert Kiyosaki is. Who would expect a multi-Millionaire investor guru to ever come down to the level of network marketing? Why would he even bother with such a frivolous business adventure.

That alone should be enough to convince you that there is validity in the network marketing business. You can’t believe everything that the nay sayers are saying. Mostly the people who have a negative opinion of this business, has either been burned because they did not know how to make the business work, or someone who heard the story of someone who failed at it.

The reason many people fail is because they failed to realize that it takes a system to make network marketing work. Product don’t sell itself and not everyone is your prospect. If you enter MLM with this kind of mind set, you have failed before you even begin.

Robert Kiyosaki’s book, “Rich Dad, Poor Dad’ is the longest running best-seller on the New York Times, Wall Street Journal, USA Today, and Business Week best-seller lists. He is also the creator of the board game “Cash Flow 101″ that teaches individuals the financial strategies that his rich dad spent teaching him.

Robert Kiyosaki has voiced his views on Network Marketing and has endorsed this kind of business adventure as one of the ways to realize financial freedom.

Network Marketing can provide a cash flow for you that can put you in a position of financial freedom. You really should at least just take a look into it and watch your life turn around.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

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Network Marketing Tools – Facebook

January 5, 2012 in Facebook, Network Marketing with Comments Off

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Facebook Marketing19 Network Marketing Tools Facebook
Facebook is another very powerful communication medium. It’s a social networking site but what does a social networking site do? A social networking site helps people communicate-did you want a more complex answer? As you will see there is a direct link between communication and marketing.

Let’s find out what in the world Facebook is?

It was launched in 2004 created by Mark Zuckerberg, owned by Facebook Inc and currently has almost 200 million active users. What does 200 million users even mean…well 200 million users is- more than the population of most of most countries and more than half the population of the United States. Brazil contributes the most users to Facebook followed by India. But what does it take to really be a part of Facebook?

How to use Facebook?

It’s very easy, all you need to do is sign up for an account on Facebook and then just login. Is that it? Yes. Make a profile of your own and then you have the ability to be connected to almost every member of Facebook. And what can you do on this site? You can chat, share your thoughts through messages, share your photographs with them, and show them videos. Try to flirt around with guys and guys can find girls too. You can meet people from the field of your own interest and share with them your thoughts and ideas.

How Can Facebook Help Businesses Grow?

Companies can easily place their ads on this site in the form of banner ads advertisements and expose themselves to 200 million people. But what more? There is a concept called groups in Facebook where a company can create a group and then try to spread and have people join their companies group page. Interested people will become members of such a group and those are just more people you can directly market too.

Say for example a firm makes a group called ” I love brand X” and then all interested people who actually love brand X will join that group. The first thing a company has achieved is it has created a bond with it’s consumers who love brand X. Those consumers also feel that they themselves are a part of the company and take pride in being a member of such a group. There is a lot more a company can do with a successful group. For example say brand X produces garments, they can survey their group members asking whether they should launch a new style of trousers and if they are getting the green light from their consumers then they could be more confident that a new product launch could be successful.

These companies can also collect leads from Facebook. They can view members profiles and collect potential customers information or come up with new ideas through the choices and preferences given in those profiles. Through Facebook companies have the ability to market themselves in a cheap but effective way. Facebook is a boon for business. If you are a company that is really looking to market yourself through social media, having a Facebook account is an absolute must.

Cynthia ~Social Cowgirl
www.SocialCowgirl.com

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