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badbobrst
Advanced Biz-Whizer
Joined: Jun 08, 2004
Posts: 125
Location: Anchorage Alaska
Status: Offline
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 Posted:
Mar 08, 2005 - 11:34 PM |
 
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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. |
_________________
Robert Thompson
http://www.stayathomejobs.net
To Learn how to get started in home business, visit http://stay-home-and-earn.com |
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Trent
Supreme Master Biz-Whizer
Joined: Jul 01, 2004
Posts: 910
Location: Iowa
Status: Offline
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| Posted:
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???? |
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kdipressi
Newbie Biz-Whizer
Joined: Mar 09, 2005
Posts: 3
Status: Offline
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| Posted:
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. |
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24hourwealth
Advanced Biz-Whizer
Joined: May 16, 2004
Posts: 164
Location: Chicago
Status: Offline
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| Posted:
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 |
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badbobrst
Advanced Biz-Whizer
Joined: Jun 08, 2004
Posts: 125
Location: Anchorage Alaska
Status: Offline
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| Posted:
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. |
_________________
Robert Thompson
http://www.stayathomejobs.net
To Learn how to get started in home business, visit http://stay-home-and-earn.com |
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familymoses
Biz-Whizer
Joined: Sep 09, 2004
Posts: 32
Status: Offline
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| Posted:
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 |
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badbobrst
Advanced Biz-Whizer
Joined: Jun 08, 2004
Posts: 125
Location: Anchorage Alaska
Status: Offline
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| Posted:
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 |
_________________
Robert Thompson
http://www.stayathomejobs.net
To Learn how to get started in home business, visit http://stay-home-and-earn.com |
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familymoses
Biz-Whizer
Joined: Sep 09, 2004
Posts: 32
Status: Offline
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| Posted:
Apr 19, 2005 - 11:00 AM |
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Trent
Supreme Master Biz-Whizer
Joined: Jul 01, 2004
Posts: 910
Location: Iowa
Status: Offline
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| Posted:
Apr 20, 2005 - 12:45 AM |
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yamaha
Biz-Whizer
Joined: Apr 29, 2005
Posts: 30
Status: Offline
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| Posted:
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 |
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mudnik
Biz-Whizer
Joined: Apr 26, 2005
Posts: 9
Status: Offline
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| Posted:
Apr 30, 2005 - 06:10 AM |
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badbobrst
Advanced Biz-Whizer
Joined: Jun 08, 2004
Posts: 125
Location: Anchorage Alaska
Status: Offline
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| Posted:
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. |
_________________
Robert Thompson
http://www.stayathomejobs.net
To Learn how to get started in home business, visit http://stay-home-and-earn.com |
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mudnik
Biz-Whizer
Joined: Apr 26, 2005
Posts: 9
Status: Offline
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| Posted:
May 01, 2005 - 12:17 AM |
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badbobrst
Advanced Biz-Whizer
Joined: Jun 08, 2004
Posts: 125
Location: Anchorage Alaska
Status: Offline
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| Posted:
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. |
_________________
Robert Thompson
http://www.stayathomejobs.net
To Learn how to get started in home business, visit http://stay-home-and-earn.com |
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mudnik
Biz-Whizer
Joined: Apr 26, 2005
Posts: 9
Status: Offline
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| Posted:
May 02, 2005 - 12:37 PM |
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