Analyze Compensation Plan

Choosing a company to join, the most important factor i not the compensation plan. Whether the plan is a achieving important goals for distributors. Here are some compensation plan that should send you running in the opposite direction. Plans that dose nothing to discourage dead weigh distributors and non produceder. Plans that encourage intentroy loading or large investment in products. Plans that emphasizes gimmicks rather than product sales.

Four type of Plan,
Unilevel Plan the principal advantage of the unolevel plan is that it's easy for companies to adminiser for distributors to explain to potential recruits. Chief disadvantage is it's lack of flexibility in achieving some of the goals mentioned earlier. Stairstep breakaway plan, the oldest marketing compensation plan. A distributor advances in rank and breaks away from his or her original sponsorship line. Chief advantage is that it has a good track recode,is easy to modify accepted by regulatory agencies, and is driven by volume and performance. Primary disadvantage of this plan is that it is sometime so complicate that it's difficult to explain to New recruits.
Maxtix Plan,
Plan looks like a grid in which a distributor is limited to a cerain number of recruits at each level. In a 3X5 matrix, each level down to five can have only three down line distributors. Matrix can attractive to novice distributors if they sign on with strong leaders who help fill their grids.

Binary Plan,
A distributor is allowed to occupy one or more business center each limited to two down line legs. Compendsation is paid on group volume of the down line legs rather that a percentage of sales of multiple levels of distributor. Payment is volume-driven rathe than level-driven. Binary cite several adavantages first they like the weekly payout. Group cooperation is promoted because payout in on a group volume and requires balancing of volume in each leg to be eligible for payout. How much of the sales dollars does the compensation plan payout to distributors? Most plan pay 35 and 45 percent of the company's wholesale purchase volume, and about 30 percent of suggested retail volume. Look for a plan that divides the pie in your favor, without
going overboard. Orphan Commission.
Avoid plan in which Orphan commission return to the company. Plan should be structured in a way that orphan commission roll up to the next qualifying distributor
that month, rather than return to the company. This approach is also called compression orhan commission from terminated disributor should be handle the same way. Lock-in look for plan that has the lock-in feature that is when you reach a certain level, you lock in and cannot be demoted because of a temporary drop in monthly performance.

[c] Briley Knox
http://www.bbktmks.com

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How To Build A Profitable Online Business

How To Build A Profitable Online Business

Set up a Website to promote and sell your products for this you need website hosting, domain name EX,(http://www.yourdomainname.com). What you would like to do is make your domain name the business that your are promoting such as: (http:www.buildyourhomebiz.com). One of the best website hosting company that I come across is: (http://www.host4profit.com/cgi-bin/home.cgi?86450)

Use a leads-capture page. Write an email course focusing on the strongest benefits of your product to get people to subscribe to your course.

Build your own list spend time. Effort and money diving targeted traffic to your website. The more subscribes you get, and hopefully the more money you make. There is A saying “that the money is in the list”.

When you make a sale take some of the profits and spend them on yourself. But your goal should be to grow your business you should take 70% of your profits and reinest them back into your business. Buy ezines ads, pay-per-click campaign. You could buy an ebook with reprint rights you could sell and keep all the profits.

You should use an autoresponder to promote your products to your list of subscibers. You can write an email series, add it to your autoresponder and keep promoting to your list. Try to add one new product and series to your autoresponder every month. You could get a free autoresponder at (http://www.bbktmks@getresponse.com). If you follow these steps your business will grow into a very profitable Marketing business.

(c)2006Briley Knox

http://www.bbktmks.com

How To Turn Any Product You Sell Into Residual Income

How To Turn Any Product You Sell Into Residual Income!

The concept of this is for you to offer a subscription
type product as an upsell or backend product. For
example, if you're selling an ebook for $37 offer a
subscription to a related e-zine for $9.95 a month.
Instead of an e-zine, it could be monthly updated
information for the ebook.

It's not just for e-books, you can make it work for
any product or service you sell. Some subscriptions
that might work for your product could be:

- e-mail/telephone consulting
- a private or members only web site
- print newsletters/magazines
- product updates
- subscription warrantees
- product insurance
- e-zine/webzines
- the ideas are endless.....


The subscription product should be related to the
product or service you're selling. You could charge
a weekly, monthly, or yearly subscription for the
upsell product. You could sell your main product
and upsell product as a total subscription package
deal. You wouldn't charge the one-time price for
your main product; you would just charge the basic
subscription price of the upsell product.


The major benefits are that you don't have to keep
creating new upsell and back end products. Once
you get enough subscribers you won't have to sell
anymore, you just keep generating income from
your current subscribers. You would only have to
sell again if you lost a lot of subscribers.

Quote of the Day:

"You can be young without money but you can't be old
without it." -- Tennessee Williams

Warm regards,
Posted by
Briley Knox
http://www.bbktmks.com

The Knox Report

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Today Feature Article: Tip On Starting a Home Business

Frist and fore most you need a Plan.

You need to set Goals.

Set up a budget for you business

Selet the product that you want to promote.

Get a web site set up to promote you products

That's a few thing that you would think about when you decide to step out on this life changing trek. I found that if you don't have a lot of money you can try a Affiliate Program. There some that will let you start for Free. There Program that offer you free internet coruses and support to help lean how to run your business and make a profit while you learn. If you decide on an Affiliate program you should read everything about their products and find out how you can make profit with their system. It can be done if you apply youself.

I was reading an article the other day in the business section which states: AT&T cutting 7,400 more jobs!!! Hey with all these jobs cuts what are we going to do how do we pay for our bill , vacation,car notes, ect. The time is now get you own business up and going so if something like this happen you will be perpared.

When I first started this business I was in it for the money, but the more I learn about this business the more , I realized that helping other get start and become successful is more important to me. So that in it self make me a very rich person!



All The Best, Briley Knox, http://www.bbktmks.com



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http://www.BBKTMKS.com