Sneak Peak at YTB 2009 Convention

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Did you get your “Welcome Package” late last week for Convention?

If you haven’t seen it yet, be on the lookout for it because they are being sent via US Mail to all who have registered. With the Convention right around the corner, we got our hands on a couple of the BOMBSHELL announcements we’ve come to expect every year. In years past things like website upgrades, medical insurance, and the Bill of Rights have been announced.

convention crowd This year will be no different.

Although we’ve heard that YTB is running out of money, (a new rumor we saw this week after our phone system crashed for about an hour Thursday morning) we caught wind of some new enhancements to pay to the field for both Website Sellers and Travel Store Owners.

Late last year, our Board of Directors suggested that in order to preserve the solvency for EVERYONE in the company, and because a these bonuses were being paid regardless of qualification, the company put a hold on the Director Bonus Program. After many changes, cutbacks, and redistribution of other funds, the Director Compensation is back.

The New Director Compensation is as follows:

a. All qualified Directors, regardless of level, receive a $2,000 Director check on July 20 and August 20.
b. Beginning September 20 (and subsequent months), checks will be issued on the following schedule:

(1) Level 1 Qualified Directors – $2,000
(2) Level 2 Qualified Directors – $4,000
(3) Level 3 Qualified Directors – $8,000
(4) Level 4+ Qualified Directors – $12,000

In addition to the Directors Compensation, there will be additional compensation announced at Convention for qualified Coach’s Corner Members of a “10% Performance Bonus”. This bonus will include your entire organization to the next qualified Coach’s Corner Member. The additional 10% will include all commissions paid to your organization for both Aisle19 (shopYTB) and travel commissions.

Although the travel industry has been in a tizzy over what it claims can not be more than a two way split of commissions, (that being the Agent, and the Host) the industry has been unable to produce, and we have been unable to verify any documentation or legal precedence that requires commissions be split only two ways. (In other words, it’s one of those “unwritten rules” in the industry.) Therefore, similar to the “$50 Bonus” we now receive that replaced the “$50 Reimbursement” of our web site fee with maintaining 6 additional Travel Stores, we will once again pay the “10% Override” in travel sales as a “10% Performance Bonus”.

The company realizes that it needs to incentivize team training and education when it comes to travel. This field training got YTB to where it is, (the 25th largest Seller of Travel in the Nation) and YTB is determined to reward those how help others learn and become successful sellers of travel.

Speaking of Travel Sales, would you like to learn how you can earn 100% commission on tavel? While we don’t know the exact details at this time, you will find out at Convention how to apply and train to receive an additional 30-40% on all your personal travel sales to with a 100% Commission Contract. We have also been told that as a Coach’s Corner Member, if you or anyone in your organization upgrades and qualifies for the 100% Commission Contract, your “10% Performance Bonus” will still be paid from those contracts.

The Franchising option we are currently working on for YTB also gave way to a new program that will allow a payment plan to get started as a TSO for $99.95. Website Sellers who sell this plan will receive 20% upfront and receive even more commissions over the 7 month installment plan by the new TSO. Associates who refer anyone to this plan will also receive their $50 for their referral.

There have also been many questions about the Aisle19 program and when the commissions will be paid. These are the “Downline Commissions”, not the “Cash Back” you have already received from personal purchases.

Aisle19 will officially change to shopYTB during the Convention and the commissions will be paid as follows:

a. January-March site owners 50% commissions will appear on the July 25 travel check.
b. January-March overrides will be included on the August 11 residual check.
c. April-current site owner 50% commissions will be in the August 25 travel check.
d. April-current overrides will be a part of the September 11 residual check.

While the process has taken some time, it looks to be “all systems go”, thanks to the fine work and co-operation between YTB and Aisle19.

Lastly, to answer your questions about bringing a guest to Convention, all you’ll need to do is accompany them through the registration booth at the America’s Center. YTB will have a convention bag and other materials ready for them! We are looking forward to seeing you and your guest in only 9 days!

Bring it on!

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