Review Of Wealthy Marketer
Back in May 2007, I started looking for an online business to help supplement my monthly income. My criteria were that the business be easy to learn, inexpensive, provide good training, and deliver a substantial enough income to make any time commitment worth the effort. In this article, I will describe the Wealthy Marketer program, which is one of the more favorable businesses I found.
Wealthy Marketer is an online network marketing business that is relatively new, started by Alex Hunter. Here's how it works. When a person joins, they receive their own Wealthy Marketer website used to promote the business. In addition, they receive the "$900-a-Day" e-book, which walks them through all of the setup and marketing techniques used, along with lots of other training and software to help market the business. Each sale in the Wealthy Marketer program pays its owner a $900 commission immediately, and starting with the first sale. Additionally, a $200 commission goes to the owner's sponsor, and another $100 goes up one more level.
In evaluating the potential monthly income, I ran a quick calculation. Assuming a new member and everyone on his or her team made one sale a month, the income for the year for that member would be $14,000. At two a month, the annual number jumps to $38,400. At three a month, the amount balloons to $79,200.
The initial start-up cost for Wealthy Marketer is $1,497. The distribution of this fee is as follows: - $900 goes to the immediate sponsor - $200 goes to the sponsors' sponsor (sometimes called 1-up) - $100 goes to the next level up sponsor (sometimes called 2-up) - $297 goes to Wealthy Marketer corporate, for administration and future growth
One of the main aspects that I found attractive about this system is the idea receiving commissions for sales made by the newest members, namely the $200 and $100 payments. The reason is simple; it behooves current owners to help those that join with them to make as many sales as possible, since it has a direct effect on their own income stream.
Another favorable aspect is that the ownership team is showing a high degree of dedication to the training material provided. Each time I have spoken with the owners, they are putting a new document or training video together.
The Realistic Approach
Any network marketing business out there will promote itself showing how the potential achievable income is immeasurable. However, it is in everyone's best interest to keep expectations reasonable. Most businesses promise large sums of money returned within hours. In some cases, this does actually occur, but this is not the norm. It depends largely on the experience and time commitment. You rarely (if ever) read that many people never make a dime, but that happens as well. In other words, people brand new to this business should not realistically expect to be rich in a matter of months with no effort.
A more realistic approach to this business is to apply persistence and patience, be ready to spend money on advertising prior to making any sales, and be open to learning as much as possible. Establishing a persistent web presence is crucial. This is true with Wealthy Marketer and any other marketing business.
That said, once the system is in place, and the first breakthrough sales have occurred, the system does require less and less of a time and money commitment, and will provide a greater and greater income.
Wealthy Marketer is an online network marketing business that is relatively new, started by Alex Hunter. Here's how it works. When a person joins, they receive their own Wealthy Marketer website used to promote the business. In addition, they receive the "$900-a-Day" e-book, which walks them through all of the setup and marketing techniques used, along with lots of other training and software to help market the business. Each sale in the Wealthy Marketer program pays its owner a $900 commission immediately, and starting with the first sale. Additionally, a $200 commission goes to the owner's sponsor, and another $100 goes up one more level.
In evaluating the potential monthly income, I ran a quick calculation. Assuming a new member and everyone on his or her team made one sale a month, the income for the year for that member would be $14,000. At two a month, the annual number jumps to $38,400. At three a month, the amount balloons to $79,200.
The initial start-up cost for Wealthy Marketer is $1,497. The distribution of this fee is as follows: - $900 goes to the immediate sponsor - $200 goes to the sponsors' sponsor (sometimes called 1-up) - $100 goes to the next level up sponsor (sometimes called 2-up) - $297 goes to Wealthy Marketer corporate, for administration and future growth
One of the main aspects that I found attractive about this system is the idea receiving commissions for sales made by the newest members, namely the $200 and $100 payments. The reason is simple; it behooves current owners to help those that join with them to make as many sales as possible, since it has a direct effect on their own income stream.
Another favorable aspect is that the ownership team is showing a high degree of dedication to the training material provided. Each time I have spoken with the owners, they are putting a new document or training video together.
The Realistic Approach
Any network marketing business out there will promote itself showing how the potential achievable income is immeasurable. However, it is in everyone's best interest to keep expectations reasonable. Most businesses promise large sums of money returned within hours. In some cases, this does actually occur, but this is not the norm. It depends largely on the experience and time commitment. You rarely (if ever) read that many people never make a dime, but that happens as well. In other words, people brand new to this business should not realistically expect to be rich in a matter of months with no effort.
A more realistic approach to this business is to apply persistence and patience, be ready to spend money on advertising prior to making any sales, and be open to learning as much as possible. Establishing a persistent web presence is crucial. This is true with Wealthy Marketer and any other marketing business.
That said, once the system is in place, and the first breakthrough sales have occurred, the system does require less and less of a time and money commitment, and will provide a greater and greater income.
