World Ventures Compensation Plan- 24 pages and I Still Don’t Get It
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The World Ventures compensation plan needs to be re-worked so regular people can understand it. Even though it is 24 pages long, it is still horribly complicated. Their compensation plan is based on the recruiting of other people to sell the products, as well as pay based on travel booked through a member’s website.
World Ventures is a network marketing company that sells vacations, and opportunities to be vacation resellers through a custom website. Members get paid for selling the travel, and for getting more members. But who has to get what where, is very confusing.
Affiliate internet marketing is straight forward. You get paid a percentage of the purchase price of items or services purchased through your website. If people are joining a site with a monthly membership fee, or buying a service with a monthly charge, often the website owner gets monthly affiliate commissions for as long as the person remains a member.
Internet marketing is making some people very rich. It is a skill most people can learn, if they are willing to put in the time. There are a few ways people learn internet marketing.
1. Self-taught. They get books from the library, learn how to do everything from scratch, and they experiment. They also fail, a lot. That is how they learn.
2. They get a marketing degree from a 4 year university. This is a very slow process, and about two years is spent taking non-marketing courses while the student fulfills the core curriculum requirements.
3. They take an online marketing course. They can learn on a flexible schedule, and still work a regular job. They still have access to teachers, can meet online with other students, and no foriegn language is required.
Why bother with a complicated system like World Ventures compensation plan, when you can learn internet marketing and pick and choose the programs and products you want to promote? Internet marketing will provide freedom and variety to you in a way World Ventures never could. Get a solid marketing foundation under you, and you will never again feel like you can only promote network marketing products.
Before you move foward with with ANY company, get the full scoop on World Ventures. You can read the complete World Ventures Review at OnlineMLMSecrets.com.
October 18th, 2009 at 7:18 pm
WorldVentures profits off of their admitted 70% failure rate. Their high pressure sales tactics are used to intimidate people into making a rash decision.
Slides such as “Momentum” are displayed and verbal misrepresentations are made regarding the status of the company and the immediate potential earnings…
Other sales tactics such as the slide dipicting “YOU” out to the left and “BOB” in your place in the pyramid therefore, “BOB” is going to get all the profits “YOU” missed out on because you didn’t sign right then and there- is another example of misleading the prospect…
Only handing the recruitee a 2 page contract (and in some cases only 1 of the 2 pages) and verbally telling the recruitees “It’s just a standard contract”. Yet, the 2 page contract contains stipulations that the recruitee agrees to abide by a Detailed Compensation Plan and Policies & Procedures, neither of which were provided to recruitee to read/review, nor were those agreements even verbally disclosed…
Utilizing misleading sales techniques from companies the FTC shut down for deceptive practices, i.e. “MOMENTUM”… (Trek Alliance used the same tactic)
Omitting and deceiving the public of the involvement WV executives truly had with “companies with less than stellar reputations”… Marc Accetta’s true involvement with Equinox and Trek Alliance
Training new reps to use deceptive tactics when inviting prospects to meetings “Be in a hurry”, “Keep from explaining”…
I personally witnessed a WV Representative state they are claiming certain tax deductions, in an attempt to lead prospective recruitees into believing they too could get said tax deductions by being a WV rep, when in fact those particular deductions he stated he was claiming are not allowable AT ALL per IRS regulations (confirmed by my attorney)…
I also personally received an email from a WorldVentures rep stating she had “gotten all her money back” that she originally invested in becoming a WV rep through WV profits. Further investigation revealed she actually had a several hundred dollar loss…
In my world, these tactics are unethical, and in some cases – even illegal. Preying on people’s emotions, exploiting their trust, and sending them away with a financial loss and a sense of shame through a feeling of failure.
Couple that with the high unemployment rate right now, a perfect breeding ground for more victims, victims desperate and willing to accept just about anything they are told just so for a glimpse of hope that they can provide for their family.