Brilliant Compensation
Friday, February 6th, 2009I’ve been a fan of Tim Sales for some time. I was introduced to Tim a number of years ago via a “Brilliant Compensation” CD that was given to me by my upline Director, Tim Dominey. When I listened to the CD, I already knew why Network Marketing worked, but Tim brought to light a number of key components that cemented why I believe in this industry. Tim has an entire selection of products to educate both you and your prospects in why Network Marketing works.
I highly recommend Tim’s products because he’s articulate, professional, and straight forward. In fact, Tim is so articulate and dead on, that the only thing critics can come up with to trash him is that he makes his money off selling his products. Other than pointing out the painfully obvious, they can’t come up with anything to discredit Mr. Sales, he’s that good. Tim provides a very valuable service to the Network Marketing industry and why he shouldn’t be paid for that service is beyond me, but it is what it is for those who can’t get past their own misconceptions about sales, service and promotion.
After my article on Wednesday and touching on why suppliers should follow the lead of vendors like Carnival Corporation, Globus, Trafalgar, Disney and others, I pulled out a copy of Tim’s CD to listen to it again after a couple of years of sitting there collecting dust. While I first learned how large corporations benefit from the Network Marketing industry from this CD, I wanted to see if there was anything I had forgotten or might have missed after putting the CD asside for so many years. While I hadn’t forgotten much, I reconnected with the appreciation I have for the way Tim presents the Network Marketing industry in a professional manor without all the hype. All too often we hear how you can make millions in Network Marketing while someone else does all the work. (I’ve actually been accused of doing this oddly enough!) I also like how Tim’s focus is product based, not recruiting based. (Being the “big time recruiter” is another label that I’ve seen some try to pin on me.)
The truth of the matter is, if this industry makes sense to you, than you owe it to yourself to find out more and find a product or service that you’re passionate about to actually get involved. I don’t know how many times I’ve stated this, but the reason I got involved with YTB was because I’d been telling people for over a decade that a cruise was the best vacation money could buy. I actually looked into becoming one of those “Traditional Agents” at one point but nobody I talked to wanted to give me a shot. I “didn’t have the experience” they said. I “needed an education” they said.
Blah Blah Blah Blah…
When YTB was put in front of me, I saw it as an opportunity to actually get paid when I talked about what I loved…cruising. So here I am some four years later while one of my clients referred one of their friends to me yesterday needing help for a last minute cruise for six, while I read articles and posts that I’m only concerned about lining my own pockets.
Nice!
For anyone interested in the truth and not spin, read the comments sections of my article (which some say I don’t allow) and the creative liberties taken to create my critics perception will become abundantly clear.
By the way…this new client for the cruise next week…they first called Royal Caribbean and found them to be “snooty”. Frustrated, they called a friend to get a recommendation of a “Travel Agent” to help them. Thus I got a call out of the blue and found something to suit their wants and needs. Amazing how that works, huh?
Anyway, back to why large corporations LOVE distribution channels like YTB and other Network Marketing companies to distribute their products and services. Network marketing aims at helping manufacturers and suppliers market their products to the end consumers via independent local distributors. By engaging local distributors to market the products of the company, the company is able to generate more income and save on distribution and advertising cost.
Most companies would spend thousands of dollars to promote their products through TV commercials, advertising, billboards and other forms of media. Think about the relationship between YTB and World Choice. (Travelocity) How many times do you see that Roaming Gnome on TV or in print adds? They spend MILLIONS in this type of advertising, and while I’m sure there are bean counters that calculate what the ROI is in these various mediums, they know what costs are involved when they partner with a company like YTB.
Zip, Zilch, Nadda. Money is only paid out when a sale is actually produced. It’s a win-win.
Promoting products and brands could cost the company a lot of money that a good portion of the cost that you pay for a certain product is actually added in to defray the advertising and promotion expenses. In some cases, as much as 20% of the cost of the product you buy goes to advertising and promotions. On the other hand, the distribution cost of the products would eat up to another 30% of the product cost. If you are wondering why a certain product that you buy in the supermarket could cost a lot of money, it is because of the advertising, promotion and distribution cost that is factored into the total product cost. Since the network marketing strategy does away the promotion and advertising cost by engaging local distributors to personally promote the products to the their friends, relatives and colleagues, the company will now be able to give the distributors big commissions. In most instances, the network marketing company will give the local distributors direct commissions of up to 30% of the sales generated by a local distributor.
With the new “Trip of a Lifetime Sweepstakes” YTB goes to a vendor or supplier directly and promotes their product or property with no advertising costs to drive traffic and sales via our own marketing channel, and in return YTB is able to not only able to generate a higher commission to me as an agent, but a better price to my clients.
Another win-win.
How anyone can argue this method is a mystery, but they do try don’t they? I’ve come to the conclusion that it’s not about the method so much, but a fear of change and loss that drives most of the negativity associated with Network Marketing. That’s why I like Tim Sales so much. He’s able to clear up the myths and misconceptions about the industry in a concise, professional manor with no bull, no hype and no spin. Most have been trained just one way, and this IS a different approach.
Just because you don’t understand it doesn’t mean you have to trash it. It just means you don’t have enough information to make an informed, educated business decision about it.
Before I go…I almost forgot. I have a couple of errors and omissions to correct from Wednesday. First I mentioned that “No Moron Here” worked for Pleasant Holidays, he does not. Why he feels the need to be so secretive about himself and who he works for speaks volumes. Unlike myself who is very open about who I am, some are fearful of consequences. (And I’m the one who’s the fraud!) If he’s able to live with it, so am I.
Second, I mentioned that one of the few places to speak freely about the Travel Industry without the presence of John Frenaye was WAHM. Also found to be incorrect sadly enough. We can however look on the bright side, as his screen name is extremely telling, don’t ya think?
Nyuk nyuk nyuk!
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Doug & Ronda Bauknight AKA: TravelPro Travel Agent / Networker Phone: 678.458.5812 |
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I came up with the concept and “how to guide” very early on Sunday morning while reading, and when the inspiration struck, I knew I had to share this with everyone I could in YTB. You’ll find it in today’s monthly newsletter, along with some other news from the last month, travel training information, and other key events coming up. If you’re in YTB, and want to be kept up to date, 







