| Author | Post |
|---|
FreedomFire
Administrator
|
Posted: Thu Feb 4th, 2010 01:31 am |
|
My good friend Ty Tribble posted the following on his blog recently. Unfortunate fact of life in the MLM world. I hope you all read very closely … and take the message to heart.
God Bless,
Michael
====================
Black Diamonds Leaving MonaVie?
Posted on 21. Jan, 2010 by Ty Tribble
I get the sense that the $250 autoship and the "binary creep" is catching up to the once high flying MonaVie. Binary creep has to do with the company getting in a position that they are paying out too much money so they must do a couple of things to stop the bleeding. According to MLM compensation plan expert Rod Cook, companies like MonaVie sometimes have the following issues:
Everybody in the Binary has to be penalized by "Pooling." That means that the total allowable % of payout is put into a pool and the number of distributors generating matching commission pay points are divided into it. That drops the amount of everybody's checks and usually starts the decline of the company.
The products or services sold in the Binary have to have a CV (commissionable volume) reduction put on them. Other wise if a product sold for $20 in a new Binary that amount would be put into the Binary for payouts. After CV (sometimes called BV or Bonus Volume) the product still sells for $20 put only $15 goes into the Binary for pay purposes.
I think the MonaVie Energy Drink pays out about 50% CV on the dollar....that is approaching Amway numbers.
When these things start to take place, some leaders get restless. There teams are shrinking and no matter how hard they work, the team can't be replaced as fast as they are quitting.
Let's look at some of the evidence suggesting that MonaVie is sliding...
1. Black Diamonds are leaving. I'm not going to go into who is leaving and where they went, (perhaps another post), but they are leaving.
2. The number of new rank advancements in November was tiny when you consider the sheer numbers of MonaVie reps.
3. MonaVie never hit $1 Billion in sales in 2008 like they talked about. The sales were big, over $800 million but I haven't heard a whisper about 2009 sales. I suspect that those will not be announced.
I will be posting an article about the Binary compensation plan soon and one of the biggest points in the article is the fact that you can't cash 100 people at the bank. What I mean by that is the binary plan can lead to early growth because Network Marketers get excited about people being placed on "their team". However, those people very rarely lead to income and over time the luster of having a team will fade when the $8 a month income gets compared with the $250 autoship and another $100 in tools.
____________________
Get Your Own Website
*..Best MLM Resources..*
Commission River = MORE $$
|
rnbeck
Member
| Joined: | Sun Feb 14th, 2010 |
| Location: | |
| Posts: | 2 |
| Mana: |  |
|
Posted: Sun Feb 14th, 2010 11:01 pm |
|
| If you understand what Ty Tribble is saying then don't ignore it. We will change this industry. Just check out the link and it speaks for itself.
____________________
Want better health? Want more money? Maybe both?
http://beckhealth.com
|
fndnelson
Member
| Joined: | Sat Mar 13th, 2010 |
| Location: | USA |
| Posts: | 4 |
| Mana: | |
|
Posted: Wed Apr 7th, 2010 04:06 am |
|
Its amazing, Monavie, I just heard about two weeks ago. Was interested in trying it not for the business but just for the product. My associate says it gives great energy with the Acia Berry content and the fact that the berry is picked and flash frozen in 12 or 24 hours of being picked. We have tried the Acia berry like in Costco which is a cleanser unlike the energy aspect of Monavie. Looking forward to sipping on it. Sorry to hear the company may be shorting out already, if this post is real.
Last edited on Wed Apr 7th, 2010 04:07 am by fndnelson
____________________
FRANK NELSON
Stay at Home and make a profit online, part time an full time
[http://stayhomeprofits.com]
|
RecessionProof
Member
| Joined: | Wed Mar 31st, 2010 |
| Location: | New York USA |
| Posts: | 5 |
| Mana: | |
|
Posted: Sat May 8th, 2010 03:21 pm |
|
Good points,
Like all MLM companies that grow too fast, they never last. Usually they hit the wall in eighteen months or so and then the creep kicks in as the income from the leaders start to drop, as they always do. I have seen it a hundred times plus, the same pattern is repeated over and over again, especially with those that are paying out more than is feasible for long term growth. Let's face it, most go for the quick money and with a $250. autoship, in a recession, forget it, most will not be able to justify the long term investment if they cannot even break even.
Success to all, Mike
____________________
Wealth Without Health Is Worthless
http://STOP-PAIN-FAST.com
|
jakewidmer
Member
|
Posted: Thu May 27th, 2010 08:15 pm |
|
I too have bought the product and I like it very much. I have not joined as I am involved in other businesses and perfecting my online marketing which is doing well.
Jake Widmer
http://www.jakewidmer.com
http://www.mlmmarketingguy.com
Last edited on Thu May 27th, 2010 08:20 pm by jakewidmer
|
fdo528
Member
| Joined: | Fri Jun 18th, 2010 |
| Location: | New York USA |
| Posts: | 6 |
| Mana: | |
|
Posted: Sat Jun 19th, 2010 02:33 am |
|
The product is not bad but it's too expensive. $250 autoship? That's too much money to spend every month. If I go buy Acai Berry in the supermarket for $6.00,I believed I would get the same benefit.
____________________
Struggling To Recruit? Me Too Until I Found This System That Exploded My Business.
http://www.mlmprotraining.info
|
fdo528
Member
| Joined: | Fri Jun 18th, 2010 |
| Location: | New York USA |
| Posts: | 6 |
| Mana: | |
|
Posted: Fri Aug 6th, 2010 07:20 pm |
|
Oh.. By the way, there is a product in the market called Sambazon, Its available in Whole Foods Market nationwide and it;s very good. Acai berry smoothies and you can get one for $2.99.
____________________
Struggling To Recruit? Me Too Until I Found This System That Exploded My Business.
http://www.mlmprotraining.info
|
Current time is 09:45 pm | |
|
