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Compensation Plans Made SIMPLE

Compensation Plans Made SIMPLE. QUESTION 1: HOW MANY LEGS?. QUESTION 2, 3 & 4: - HOW DEEP? COMMISSION PAYOUT %? COMMISSION PAYOUT % THE SAME ON EACH LEVEL?. QUESTION 5: HAVE RANKS?. QUESTION 6: FLUSH VOLUME?. UNDERLYING ISSUE! ASIDE FROM THE COMPENSATION PLAN…

danielle-mcdonald
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Compensation Plans Made SIMPLE

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  1. Compensation Plans Made SIMPLE

  2. QUESTION 1: HOW MANY LEGS?

  3. QUESTION 2, 3 & 4: • - HOW DEEP? • COMMISSION PAYOUT %? • COMMISSION PAYOUT % THE SAME ON EACH LEVEL?

  4. QUESTION 5: HAVE RANKS?

  5. QUESTION 6: FLUSH VOLUME?

  6. UNDERLYING ISSUE! ASIDE FROM THE COMPENSATION PLAN… THE ISSUE IS THE PRODUCTS/SERVICE

  7. DSA AND WFDSA STATS Google (DSA STATS) & Google (WFDSA STATS) Question 7: HOW MANY OTHER COMPANIES SELL WHAT YOU SELL? DSA: 15.9 million people in North America in Direct Sales 95% are in Health/Wellness and Service Hence, 15.1 million competitors and 8% Retention Ratio WFDSA: 89.7 million people Worldwide in Direct Sales 91% are in Health/Wellness and Service Hence, 81.6 million competitors and 8% Retention Ratio Often become half a doctor…

  8. Question 8: WOULDN’T IT MAKE SENSE TO BE IN A COMPANY WITH LESS COMPETITORS AND HIGHER RETENTION? GLOBAL WEALTH TRADE (GWT) IS THE ONLY COMPANY IN THE ENTIRE WORLD THAT DOES WHAT IT DOES!

  9. WHAT TO EXPECT SOMETIMES… “My products are truly remarkable…” “These products saved my life…” “This shampoo can help you grow hair…” “My company products, are truly the best out there. I’ve looked at others and only these products helped me…” “My service is the cheapest you can find out there…” “My quality is the best…” ANSWER: The issue is that other distributors in other companies… are saying exactly the same thing! It’s a never-ending battle!

  10. WHAT TO EXPECT SOMETIMES… “The top earner in my company makes 100 Trillion dollars a month” ANSWER: If we went by that logic to determine which compensation plan was the best, we might as well as say Amway has the best compensation plan! I don’t care how much other people say they make… what I care about is when I look at a compensation plan… can I see myself MAKING IT!!!

  11. WHAT TO EXPECT SOMETIMES… “Well I can make x amount just by doing this my first month” ANSWER: That’s because your company focuses on paying out more in bonuses and less in commissions. It means that your cheques will be up and down. I’m interested in building a long-term stable residual income business with focus on commissions and good bonuses at the same time!

  12. FINISH IT! IF YOU WANT TO WORK HARD 5 YEARS, AND TAKE OFF THE NEXT 50, YOU NEED TO FIND A COMPENSATION PLAN THAT PAYS YOU THE MOST STABLE, HIGHEST COMMISSION POSSIBLE, AND THE EASIEST PLAN TO WORK WITH RIGHT? Why would you build more then 2 legs when at GWT, it’s only 2? Why would you choose to only get paid down certain levels when GWT pays to INFINITY? Why would you choose varying commission % when GWT is 8% 1st level down to INFINITY? Why would you choose a compensation plan that flushes when GWT never flushes? Why would you want to go through ranks where GWT has no ranks? JOIN GWT!!!

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