This is part 2 in a series of articles I’m writing about Internet
marketing that is really directed at people that are just starting
out in their own home based business. In some cases I think that
this information can also be helpful to experienced business owners
and webmasters if they approach it with an opened mind and remember
back to a time when they too were brand new at Internet Marketing.
The first article in this series was about choosing the best online
business opportunity for you. Each online program can be as unique
as the people that want to join them.
In my first article I briefly touched on one very important aspect
in choosing which affiliate program to join and that is the pay plan
or pay scheme that is offered by the program. There is no doubt that
every online program tries to make their payment schedule look as
attractive to people as possible. After all if it appears that the
company has big payouts with goals that are easily obtainable it
makes the program seem very attractive.
Notice that I have alluded to the idea that the pay plan appears to
be attractive, what I didn’t necessarily say is that it is a good
pay plan.
There are several different pay plans available. I truly believe
that some of the programs intentionally try to mislead its members,
which of course makes any incoming revenue through sales made by
their members far easier for the company to hang onto or at the very
least for the people at the top of the program often called the top
money earners or top recruiters to hang onto.
In most cases the best way to make money with any online program is
by recruiting new members to the program. The person that has the
most recruits will typically be the person that makes the most money
in the program. It’s a fairly easy concept. However, most online
businesses and in fact almost any MLM or Network marketing business
on or offline usually offers its members bonuses or incentives to
produce greater results and recruit more people. As an example one
online business I belong to upgrades you to what they call a 1 star
associate for recruiting 3 new members to their program and that
entitles you to share in a bonus pool. Its an easy concept to
follow, very straight forward and it only gets better by achieving
higher ranks, that is 2 star, 3 star and so on.
As I mentioned it’s an easy concept. Now my momma didn’t raise no
fools but I can tell you there are several programs out there that
just make no sense to me. Have a careful look at the program you’re
thinking of joining. Try to imagine how much money you’re going to
be making after you’ve been with the program for a while and have
had some success recruiting new members. If you can’t understand how
you’re going to be making the money that you’ve earned or are unsure
about how you earned it maybe you should avoid that particular
program. Many online businesses make their payment schedule so
complicated that not even Einstein could work out the details. I’m
not saying that the company is trying to cheat you I’m just saying
that by misleading you it makes their program seem to be very
attractive and unfortunately when you get your first paycheck it can
be very disappointing.
There are so many different payment schemes out there that I can’t
possibly cover all of them in this article. Maybe I’ll write an
article about the different schemes at another time. One of my
favorite online business opportunities is EDC Gold largely because
of the payment plan that they offer their members. They refer to it
as the Australian 2up plan. What that means is after you have joined
the company you owe your first two sales to your sponsor, that’s the
person who brought you into the program. After that every sale you
make is yours to keep and every sale you make pays you a 100%
commission, which is paid directly to you by the customer. It’s that
simple.
Just a minute now… I have to give away my first two sales? At first
it may seem foolhardy to just give away your first two sales for no
apparent reason other than to fill the needs of the program. In the
Australian 2up plan the first two sales are referred to as training
sales. They ensure that your sponsor has a vested interest in your
success. After all, if your sponsor benefits directly by training
you and helping you to make your first two sales it only stands to
reason that they will not abandon you after you have joined the
company and they will do everything they can to help you succeed in
the business.
The news just gets better from here. The first two sales, new
recruits, you forward to your sponsor will also owe your sponsor
their first two sales. Your sponsor will be required to train them
and the cycle continues. The program is viral in this way and it
provides EDC Gold members with the opportunity to build a very
lucrative business. Remember you too are a sponsor and will benefit
form this very same pay plan.
If you have enjoyed this article and found it to be helpful please
come back again for part 3 in the series.