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Network Marketing - New Comp Plan at SFI ???

badbobrst - Mar 08, 2005 - 11:34 PM
Post subject: New Comp Plan at SFI ???

Ever since the first of the year, when the new comp plan at SFI kicked in, there has been less and less discussion of SFI on this board. It used to be the Number one Topic of conversation, but not any more.

How do you feel about the new comp plan? Is it hurting your bottom line? Is it making it easier or harder to earn a profit?

Let's stir up this nest, and see what comes out.

Trent - Mar 09, 2005 - 01:00 AM
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Quote:

How do you feel about the new comp plan?

So far I hate it. I have to learn all the new crap. My follow up sucks. People are not upgrading... etc...

Quote:

Is it hurting your bottom line?

Hurting big time!

Quote:

Is it making it easier or harder to earn a profit?

Way harder!!!

How about you bob????

kdipressi - Mar 09, 2005 - 10:25 PM
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Trent, I'm so glad you said that. I haven't been to the other board where we first met in a while, but the last time I was there was just after the commissions were released in Jan. At that time I didn't see anyone bring this topic up.

I have not opted out of SFI, but I have not done anything with it either. I was never making much with it, but I was making enough to go out to dinner with my husband with every check. Than, January came along and I made a whopping $6 and change.

I'm really unhappy with SFI. It was my first home based business experience but now I want nothing to do with it. Everyone kept saying how going to a matrix will bring in so much more money, I still have people telling me they think it's great, that they are making more money...whatever!

The only way I see to make more money is if you were with SFI for a VERY long time and had a VERY big downline that made money before the change. I can't promote SFI any longer because I don't believe in it, I don't see how it benefits any newbies. I have other programs that I'm in and have been in much less time than SFI and each one makes more money than I ever made in SFI...but I was still making some money before the matrix. I'm not against matrixes by any means, I have one program that is a matrix and I like it very much, but I think SFI's new comp plan has to go.

24hourwealth - Mar 10, 2005 - 10:37 AM
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Hi,

If you are really working the program and consistently promote the new program is fine. It almost pushes you to be more consistent.

Good luck!
Jeff Casmer

badbobrst - Mar 10, 2005 - 01:53 PM
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Well, I have remained pretty active under the new plan, but I must say that I am not making as much as before.

I think that it will take a minor miracle for a new person to see a decent check as long as upgrade commissions are split into 12 pieces.

For a new person to recruit three EA's in less than a month is almost impossible. It doesn't happen often for many of us who are more experienced. That means that very few people will earn the business builders bonus.

If anyone has an idea on how to overcome these two stumbling blocks, I'm all ears.

familymoses - Mar 10, 2005 - 02:26 PM
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I plan on sticking with it because it may pay off in the long run and I believe in diversification, but right now I am concentrating more on other things. I recently got an email from a person in my matrix - not sponsored by me but we share the same sponsor - and she was in tears because she finally after months of working her tail off got a check for a whopping 9 dollars and change. After paying in excess of $30 a month for months on end just to remain EA and you recoup $9 that does not sound like a wise use of your time or money. I told her to drop the IAHBE and buy some Liquid Nutrition. At least she would have a tangible usable product while she figures out her next move.

Sandi

badbobrst - Mar 10, 2005 - 03:12 PM
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Hi Sandi,

A nice thing about a standing order for a qualifying product is that you can get the products at wholesale, then go out and sell them to neighbors and friends.

I think that IAHBE is a good product, but most of what is contained there is available for free from other sources. It's great for a newbie, but once a person has been around the block a few times, it might be better to go with a different product for their SO.

You don't see the commission in your monthly SFI check, but you do earn a good profit from selling the product.

I have found that the easiest products to sell are VAPC and VALN.

Try suggesting this to your downline

familymoses - Apr 19, 2005 - 11:00 AM
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I notice that Erich has stopped being active. And Stone Evans has posted in the Warrior/PIPS forum that his income has dropped significantly. Definitely not looking good. Bonnie Carson is no longer at the top of my upline, either.

Sandi Moses

Trent - Apr 20, 2005 - 12:45 AM
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Yeah, I saw all those posts too. My commissions are down too. I know that Gery Carson is a smart man so I am sure he is working very hard to get things back to "pre-Tnet" comissions.

I am still gonna hold on for a while.

yamaha - Apr 29, 2005 - 10:22 PM
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Hi Partners In Success,

SFI just announced they are going to bring back the Fast Trac.

They know that they have to refine the SFI program to get it
rolling again. Many big earners are not real happy, but SFI is
such a solid company with Awesome products. I use them all
the time.

Partners In Success,
Dean

mudnik - Apr 30, 2005 - 06:10 AM
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More exciting changes coming up. Earn $30 for each EA you bring in from the very first EA (instead of the current 3 minimum). Earn also up to $150 for every team leader. New TL co-op option of powerline whereby the affiliates can be filled up infinitely deep instead of horizontally. Network growth recap will also go up to 24 levels instead of the current 12. If the powerline is used properly, it can be a massive incentive for affiliates to upgrade to EA.

badbobrst - Apr 30, 2005 - 06:52 PM
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Hi Mudnik,

I agree with you concerning the return of the powerline and the $30 coimmissions on new EA's. This should help to restore a bit of balance within the comp plan.

Like any big change, there are bound to be adjustments as time goes by. It is the nature of any major shift in the focus of a big business. I'm pretty certain that these changes will not be the last to come down the pipe.

Probably the most exciting change is the vertical assignment of affiliates into the T-Net. This will not only result in more NGR's but will partially restore a function that was lost in the initial change. We will now be able to reward active affiliates and those who upgrade to EA by assigning affiliates to their downline. This should result in larger residual income for them, while not taking months to develop.

I have already begun to create powerlines within my T-Net, and am anxious to see the results in the next month or two.

As far as my total income from SFI is concerned, it seems to have stabilized, and is beginning to rise back up to pre T-Net levels. The key for me has been to concentrate on increasing retail sales.

mudnik - May 01, 2005 - 12:17 AM
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Hi Robert,

How do you go about your retail sales? By refering people to your affiliate store or physically buying/selling the products?

badbobrst - May 01, 2005 - 06:18 PM
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Hello Mudnik,

I actually do both. I have a bit of an advantage, because I have a brick and mortar store, but the advantage is minimal.

My basic retail marketing technique is to demonstrate a product to potential customers, and then either sell the product on the spot, or take the order, and process it on the spot.

I find it much easier to enter all of the needed data for the customer, than to have the customer do it themselves. That way, the don't get distracted or confused by all of the different screens that have to be dealt with in the SFI store.

I like to walk the customer through the process, complete the transaction, then give them a copy of the order. I also give them a business card with ordering instructions printed on the back.

Online promotion of the products is a bit tougher. For this, I like to use Ezine advertising that is directed toward a target market.

To do this, select a product that you want to sell and determine the return for each unit sold. Next, select Ezines that would be a good match for your product. For instance, ArcaMax Cats and Dogs would be a good one to use for advertising pet care products.

Once you know how much the ad will cost, you will know how many units sold will be needed to cover the cost of the ad. If the number is reasonable, proceed with the ad.

Not all ads will result in a profit. However, with some testing, you will be able to determine which ad and which Ezine will give you the desired results.

Keep in mind, that you may not earn an immediate profit with your first ad. It may take four or five ads in the same Ezine to get the desired results.

Sometimes, a small ad will do just as good as a large expensive ad, so I suggest that you stick to the smaller ads during the first few editions. Once you know that the ad is producing results, then you can consider running a larger, more expensive ad. If things aren't working out, you can either abandon or modify your strategy.

The best way that I know of to find the right Ezines for your ads is to use the Directory of Ezines The cost for a one year membership is only $47.00. If you aren't already a member, it is one of the best investments that you can make for your online business.

The DOE is easy to work with, provides a huge amount of information, and is well organized. It will save you hours and hours of searching to find what you are looking for, as well as providing all of the contact information, costs, and guidelines for every different publication in the data base. (Currently over 4,000 different listings.)

Let me know if this helps you get your retail sales off the ground.

mudnik - May 02, 2005 - 12:37 PM
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Hi Robert,

thanks for sharing your ideas. What products would you recommend for retail sales for someone who is not based in US? I find the shipping cost a big drag. Do you happen to have any marketing materials in spanish? I have a downline who needs the materials.

Btw, is the new powerline coop working for you? I tried setting it up but the affiliates are still flowing horizontally.

johndilbeck - May 04, 2005 - 06:28 AM
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mudnik wrote:

Hi,

After looking over the new bonuses, it's not this straightforward, at least for most of us.

To get the $30 bonus for each EA upgrade, you must be either a Platinum Team Leader or a Gold Team Leader sponsoring at least 3.

For EAs the bonus is only $10 (or $15 each for 3 or more).

It's probably going to take a long time for an EA to earn the total $150 for sponsoring a new EA, because the new affiliate must progress to PTL and the sponsor will be paid at each leadership level promotion. How long does this take?

I don't know everyone here, but I recognize a few names. How many GTLs and PTLs are on the board? A handful?

Some of them (you?) are able to sponsor hundreds of new affiliates every month. I know this because I see them spill over into my T-Net and then I seen them disappear 30 days later.

I have some idea of how much work and money it takes to sponsor that many people consistently and I believe anyone who can do that deserves to earn as much as possible. It's a shame to see people like Erich and Stone work so hard and see their income drop as a result.

For myself, I like SFI for the training, for meeting great people, for IAHBE and the magazines and books I get most months, and for the great cleaning supplies. (I'll never go back to any other orange cleaner.)

I'm a BTL and I'm trying to build a team, but it's slow going. I've never had any significant help from my upline, so I'm trying to learn it myself as I go.

SFI has never been one of my big sources of income, but I would like for it to become one of them.

I still have faith in the company and I'm getting enough out of it to continue, and hopefully the T-Net will pay off eventually. (However, I earned more yesterday from the sale of something I represent for another company than I expect to earn over the next three months with SFI.)

So, in my long-winded way, it looks to me like most EAs will get a $10 bonus now and then for sponsoring another EA, but the other $140 is a long way out.

On the other hand, a GTL or PTL sponsoring lots of affiliates should get some nice bonuses as they sponsor EAs and help them move up the ranks of leadership. This is a good thing. Folks like Erich and Stone deserve more income because they're getting more results.

For myself, I'd rather make a couple of thousand dollars or more every month by retailing IAHBE (which I think is a very good product), the cleaners, and magazine subscriptions, but I haven't managed to do that, yet.

I can understand how folks are upset over having to learn a whole new system, another comp plan, and declining revenue. I agree that SFI has had more radical comp plan changes than any other company I work with.

I like being able to discuss these issues more freely here and on other forums than I can on the SFI dboard.

But, even with all of these considerations, for some reason, I'm still optimistic about the future of the company. Some things changed for the better during 2005 (vstore, wholesale program) and it seems as if Gery is trying to provide us with better products and services to sell. I hope it is successful and I hope more of the products provide residual income.

Sorry to ramble so much. I think I need to go get another cup of coffee. It's still early here.

All the best,

JD

badbobrst - May 05, 2005 - 04:11 AM
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Hello Mudnik,

Retailing products in Europe is not going to be easy due to the shipping costs involved. However, if you can use the retailing plan that I outlined for online activity, shipping is not as big a factor. Select Ezines that target the US market, and your shipping costs will be the same as mine.

Another aspect that you can look at is wholesaling the products to a US company. This would involve a bit of juggling on your part, where the customer would pay you for the product. You would then order the product at the wholesale price, and have it shipped directly to your customer. You would have to charge a price that is more than the wholesale price, but less than the retail price, then pocket the difference.

mudnik - May 05, 2005 - 10:38 AM
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That's a good idea. I think a simpler way of doing it is to get them to buy directly from the affiliate store and then rebating them discounts.

The ezine portion will have to wait. There's simply too many things going on now to start testing out a new medium.

mudnik - May 05, 2005 - 10:58 AM
Post subject:

johndilbeck wrote:

So, in my long-winded way, it looks to me like most EAs will get a $10 bonus now and then for sponsoring another EA, but the other $140 is a long way out.

On the other hand, a GTL or PTL sponsoring lots of affiliates should get some nice bonuses as they sponsor EAs and help them move up the ranks of leadership. This is a good thing. Folks like Erich and Stone deserve more income because they're getting more results.

JD

I think another thing we realise from all these changes is that big commissions can only be made if your team grows, ie. your downlines advance in rank. Upliens will have to help their EA rise to BTL, BTL rise to STL, etc. So, with a direct cash benefit, those big builders might start to give away their affiliates directly to their immediate downlines instead of having few hundred personal affiliate signups/month. In the process, they get rewarded too.

By creating rank advancement and depth in the network, people are more likely to stick around.

benjicadena - May 22, 2005 - 09:27 AM
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I like the last few adjustments that SFI has done. I will use the Team Coop to place affiliates under my own affiliates as if they sponsored them. When my downline advances in rank I do the same and I also will get a Leadership Builder Bonus. The key is to use the Team Coop Tool strategically by placing your affiliates in all the right places.

Benjamin Scott

Shezz - Apr 23, 2007 - 11:47 PM
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I'm a bit confused after reading this. Earning $10 or $15 or $30 commissions on new EA's, I didn't know you got those commissions.

I had 2 new EA's last month and I earned a executive match commission on them, is that what you are talking about or something different? I am doing ok so far, in 6 weeks promotion I've just made BTL but I must admit the whole commission structure is pretty confusing.

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