Wednesday, September 29, 2010

ACN Inc - What's it about?

ACN Inc, self proclaimed to be the world's largest direct selling telecommunications enterprise operates in twenty countries across three continents. So if you are a network marketer in US, Europe or Asia Pacific, you would have absolutely come across the means to earn money as a distributor of this company's products. Whether you're an aspiring rep or already working as one in ACnInc, you'll absolutely find the following information helpful to strengthen your income and get to be one of the top earners in this business. 1st, let's glance at the background of the corporation and then explore the income opportunity to find out how best to earn money from ACNinc.

· ACN Inc - What's it about?

Four entrepreneurs, Greg Provenzano, Robert Stevanovski, Mike Cupisz and Tony Cupisz founded this company in Farmington Hills, Michigan in 1993 to offer local and long distance telephones, online, wireless, satellite TV with DirecTV and Home Security. These products and services are sold through Multilevel Marketing, i.e, by hiring representatives to market products and sign up far more representatives. This corporation claims to be diverse from other MLMs by offering reps a residual income for the work done.

· What is Passive income?

As a associate for ACN, your commission is a percentage on your customer's usage value depending on the level in which you're placed. You earn a residual income for your service, that is, you earn money for as long as the customer uses the product. So once you've closed a deal, your client just has to use the service you've sold to allow you to earn. Tempting? Think again!

· Criticisms

If the income program was really as lucrative as advertised, why should there be simply a lukewarm response to this opening? Here are the reasons -

1. The payout offered is minimal. This is certainly to enable the business to survive amidst heavy competition. This really is scarcely enough to get you much more than a few hundred dollars a year.

2. You'll have to make an investment of $499 to join.

3. Though you get a commission based on your customer's usage, it's payable only when the minimum usage is $10000.

4. As a previous employee pointed out, you earn more in ACNinc by recruiting folks than by selling products.

5. The enterprise trains you to target your "warm market", that is, friends and relatives to do your venture. In a few days, you'll find that this market is not warm anymore. It gets embarrassing when people start avoiding you to escape the inevitable meetings and parties you'd otherwise take them to.

· So where does this leave us?

Do not lose hope. These criticisms never mean ACN Inc is a wasted venture. In fact, there are actually a great deal of success stories within this Company in its life span of 15 years.

To be truly prosperous, you need go beyond the usual and tap your customer base innovatively. Project yourself to a global audience and reach individuals who are outside your warm market. The secret to this is certainly going internet. Is there a network that's larger versus online? Get individuals to tactic you with bookings. Adopt a new approach to marketing and conduct your business in style using the very best tools in the net.

ACN is a telecom business

ACN is a telecom-based multilevel marketing corporation, originally based in Farmington Hills, Michigan, but now based in Concord, North Carolina. It's a popular multi-level marketing company that started in 1993. In 1999, the enterprise opened operations in Europe and in 2004 opened the markets in Asia. Presently, ACN operates in 20 countries and has 5 International Headquarters (besides the US based offices). While you'll find many reports implying that ACN is a gimmick, ACN is a legitimate business business. At present, ACN is a member of the Direct Selling Association (DSA) and has a A+ rating inside the Better Venture Bureau.

With that said, you'll find pros and cons associated with the ACN Business Program. Before I go into them, ok, i'll BRIEFLY explain it's services and pay plans plan.

The Services

While ACN markets several diverse services that aren't telecom-based (home security devices, broadband internet services and satellite TV), it's main lines of services revolve around telecommunications:

1. Local And Long Distance Service - Because of the deregulation that took place inside the phone industry back in 1996, ACN was able to position themselves in front customers who were now able to choose their phone business. It's really a great concept. Why? Because all you, as an ACN distributor, have to do is save somebody a few dollars a month on a service they're ALREADY and WILL CONTINUE to pay for every single month.

2. Voice Over Online Protocal (VOIP) - In a nutshell, VOIP technology enables a customer to make phone calls over their web line. By doing this, they are able to cut their $70-$80 a month local & long distance phone bill down to a $25-$30 a month VOIP bill. Typically, unlimited international calls to several selected countries are also included in this LOW monthly bill.

3. Cellular Phone - ACN resells cell phones from pretty much all the major carriers like Sprint, Verizon and T-Mobile.

4. The Video Phone - The video phone is ACN's flagship product. It's exactly what it sounds like, a VOIP phone that has a screen on it that allows you to see the person you're speaking to, assuming they are on a video phone also.

The Compensation plan Plan (Model)

ACN operates on a UNILEVEL compensation plan plan platform. While a UNILEVEL comp plan is typically used by older MLM businesses and does not have the "sexiness" associated with a Binary, it's still a very stable and profitable enterprise model. In fact, UNILEVEL comp plans have had the LEAST complaints when compared to the amount of complaints that Binaries and Matrixes have gotten over the last couple of years.

With that said, the compensation plan plan can certainly be broken down into two categories:

1. Residual income - Residual income is earned and built through the acquisition of customers. As you personally acquire customers who get on ACN services, you earn a passive income every month as your customers pay their bills. On top of that, you'll earn an override residual income from every customer that's acquired through your organization.

2. Upfront Signup bonuses (CAB & T-CAB Signup bonuses) - Signup bonuses are paid out in relation to the amount of reps your group brings in on a monthly basis. Keep in mind, that signup bonuses are ONLY paid out when reps get QUALIFIED within their 1st 30 days. This QUALIFICATION changes every now and then, but typically it comprises a new distributor acquiring 8 customer points, with each service earning a certain amount of customer points. For example, when a new rep acquires a new VOIP customer, that customer gives them 2 customer points.

With that said, one can find 2 MAJOR factors to keep in mind with regards to ACN's Upfront Signup bonuses:

1. If a new distributor Doesn't get qualified in their First 30 days, then bonuses are NOT paid out.

2. There are actually thresholds that have to be passed for reps to earn bigger bonuses. For example, if a new rep must have to hit 10 Qualified Reps to earn a $1,500 Bonus, but they only get 9 Qualified Reps that month, they will earn the bonus given at the lower level (typically for getting 5 individuals qualified).

Now, Ok, i'll Give You 3 PROS Of The ACN Enterprise Opportunity:

1. As I mentioned earlier, the genius of ACN is you're SIMPLY saving customers money on a service they're ALREADY spending money on.

2. ACN is positioned in front of the curve, with regards to Video Phones. If Video Phones become the next big thing in telecom, it can certainly mean huge program for ACN reps.

3. ACN has some of the most effective network marketing training and trainers that I've seen inside the last 13 years that I've been full-time in this industry.

Now, For 3 Of The CONS:

1. The passive income is very small. Now, I'm not saying ACN is a negative enterprise, but there's only so many ways they can pay out residual income on a $25 a month VOIP bill. To be able to make significant passive income, you'll must build a Huge organization with tens of thousands (and hundreds of thousands) of active customers. With that said, you will find many producing RVPs making multiple 6-figures a calendar year. The problem is the bulk of their income is from bonuses and NOT residuals. So if they ever slow down, they are in BIG trouble.

2. As I mentioned earlier, CAB Additional bonuses are ONLY paid out on QUALIFIED reps. Basically, if your organization puts in 20 reps, but ONLY 5 of them get QUALIFIED, you'll only receive money for having 5 QUALIFIED reps that month. But yet ACN still takes inside the same $500 entry on all the other 15 reps they didn't pay you on. In my opinion, there is a TON of breakage inside the comp plan.

3. As great as the idea is, ACN still has a tremendous amount of competition. Inside the network marketing area, you'll find corporations like Fortune Hi-Tech Marketing, Multilevel marketing, Lightyear Wireless and Escape International who are all offering telecom services. But on top of that, they have to compete with the big monopolies like Sprint, Verizon, DishTV, etc.

Should You Join?

As I mentioned before, ACN is a legitimate business business. Nevertheless, it's critical that you do your research first and identify if it's the chance you're looking for. For example, if you're interested in getting a piece of the Video Phone market and like the concept of marketing services that individuals are already using, them ACN may be for you. In case you're interested in building a significant PURELY passive income (not counting UPFRONT bonuses), then ACN may not be for you.

ACN nterprise Program

ACN, formerly known as American Connection Network, was founded in 1993 by Greg Provenzano, Robert Stevanovski, Mike Cupisz, and tony Cupisz. Based in North Carolina, the business claims on it's website to be the largest direct selling telecommunications enterprise in the world. They offer local and long distance calling, online, wireless, home security any satellite TV. They also offer digital phone service and a video phone.

Products and Services

ACN scam claims to help its customers save money on telecommunications services that they already use. One service provided is VOIP technology-Voice Over Web Protocol. This technology uses a broadband web connection for routing telephone calls, which must be less expensive and more efficient than conventional switching and fiberoptic methods. Reports are that the services and products provided are very good. Their video phone enables simultaneous visual and voice connection between two individuals equipped with their devices.

Like most multilevel marketing (MLM) businesses, sales for ACN are generated primarily by independent contractor sales agents known as Independent representatives. Representatives report that the business discourages cold calling and "selling." They encourage their reps to sell to their "warm" market-meaning friends and family. They also stress the importance of teaching those "sold" customers to then do the same in return with their own friends and family. This form of multi-level marketing reduces advertising costs, and depends largely upon word-of-mouth endorsement. Additionally, ACN recently secured an agreement with Mr. Donald Trump to publicly endorse and market their services. Such a high-level endorsement may be an industry first.

The Enterprise Program

To join ACN, an initial investment of approximately $495 is required, plus annual fees around $270 ($149/year plus $10/month.) Total first twelve months cost = $765. The commissions earned appear to be roughly 1% of each customer's monthly service charges. Some estimates are that a new sales distributor must sign up and retain 50 or more regular customers so that you can recoup their initial investment and annual fees-that is, to break even.

As an example, commission on a monthly service bill of $50 = $0.50. Securing 50 customers at this level generates a gross commission of $25 each month, or $300 per calendar year before taxes and expenses. These estimates are similar to a reported $40 gross average monthly income for representatives in the largest multilevel marketing company-Amway. Rarely a living wage in either case.

Most individuals do not enjoy selling. Unfortunately, this really is exactly what's required to be successful in ACN or any form of multilevel marketing. Attempting to sign up and sell family members or loyal friends can permanently damage these valued relationships. Many find it emotionally exhausting that they must also continually motivate others. This requirement is essential so that new representatives will repeat the process and sell others on the products or services and the venture program.

Estimates are that approximately 70% of all "distributors" or reps in multilevel marketing quit within their 1st calendar year.

Inside the past three years, many home business owners have found greater success with less effort by marketing their products or services on the Web. Their own efforts in Internet marketing determine their success much much more than with Network marketing. This newer business model provides online marketers with significantly more control of their income and work requirements.

FHTM, Fortune Hi-Tech Marketing

FHTM, Fortune Hi-Tech Marketing, was launched by Paul Orberson in January of 2001. Their head offices can be found in Lexington, Kentucky, and their sales exceed $500 million annually.

FHTM uses the multi-level marketing business model to advertise its products and services. This is a company that has been 100% debt free since its beginning. You can certainly find them operating in Canada, the United States, the United Kingdom and Puerto Rico Instead of creating its own products, FHTM utilizes many popular services and products at the moment being used by countless customers throughout the world. They have developed a process in which their network marketers make profits for referring new clients to roughly 20 or so various partner companies.

Founder, Paul Orberson, became a millionaire inside the multilevel marketing industry while working as a marketer for Excel Communications. Representatives of Excel earned profits by getting customers to change out their existing telephone service for Excel. This same idea is in FHTM's business model.

Products and Services

Inside FHTM you'll find services such as cell phone, home telephone, hi-speed online, auto clubs, travel clubs and home security systems. Included are businesses like T-Mobile, Alltel Wireless, Verizon Wireless, Sprint, and Dish Network. And they also have product lines, including a nutritional supplement line, pet supplement line, beauty line, and a travel portal site where you can certainly receive travel discounts.

FHTM's Pay plans Plan

As a rep you'll receive a $100 bonus for bringing other reps into FHTM, as well as other bonuses as you are promoted to different levels within the organization. Representatives develop up residual income by earning 2-20% on reoccurring purchases. Some don't like the stair-step breakaway plan. This means the stars in your organization breakaway, and so reps must always be recruiting new network marketers into the venture.

FHTM Evaluation

Fortune has been around since 2001, making it a very well established network marketing business. Paul Orberson is a proven leader in the multilevel marketing industry, and advertisements tremendous value to the corporation. The business is offering services and products that have a market and are in high demand.

The negative side: Even with the demand of these products and services, most are already locked into tight long term contracts, making it less attractive for individuals to switch at times. Many existing representatives have had to reach out to other places for additional training, even with a significance on training within the business. FHTM appears to only put emphasis on marketing methods of the past. These methods are essential in building a multi-level marketing business; however, in the age of the Online, many see the possibility it can certainly bring to a home enterprise. And that is why many Fortune Hi-Tech Marketing representatives have elected to find on-line marketing training from other resources.

Is FHTM a scam?

FHTM just isn't a scam. It is a multilevel marketing enterprise, otherwise known as an MLM. It's wise to due your do diligence before getting into one of these businesses. You will find some good and some not so good. Make sure they have an excellent strong leadership, a good track record, and a solid product that you might back. Many of these companies are thought to be scams, because sometimes individuals get a get rich quick attitude about them. However, it is a plan that with some hard work, you might become wealthy over a short time period -- or shorter than one would normally think as far as the corporate world goes. But make no mistake, no matter what MLM you get into, FHTM or another, be prepared to work hard. These businesses could be great vehicles to achieve success, but it does not come with a magic press of a button.

Fortune Hi Tech Marketing

Fortune Hi-Tech Marketing was commenced by Paul Orberson, who himself worked as a network representative before venturing out on his own. He had already earned a great amount of cash while being a representative and that too, in a short span of time.

Prior to this, Orberson also served as a schoolteacher and a coach in a lesser known place in Kentucky. He is known to have aided the transformation of a small start-up telecommunications venture into a publicly traded NYSE company. He retired at the early age of forty, since he was a multi-millionaire by then.

Fortune Hi-Tech Marketing was formed by Paul Orberson in 2001 with the sole motive of helping out other individuals who needed guidance in multi-level marketing. He wished that much more and a lot more people should be fiscally independent and do not have to get stuck in boring jobs. Thus, Paul Orberson became the Founder and Chief executive officer of Fortune Hi-Tech Marketing, based at Lexington, KY.

What do they deal in?

Fortune Hi-Tech Marketing deals in premium products and services, which make up an important part of its success. It has leading brands like Dish Network, Travel FHTM that is a Travelocity network member. Then there is The Wireless Shop having AT & T, Sprint and Nextel, GE. True Essentials is another impressive range of Health supplement products that add to the long list of products. These products are reasonably priced and comprise some of your daily use items.

Enterprise Model

FHTM uses the Independent Representative model for operating its venture. These representatives market the fabulous products of FHTM and also help out others who may wish to join the group. They work using relationship marketing for adding to the ever increasing customer base for their various offerings.

Fresh FHTM representatives are trained and mentored for carrying out the venture along with providing them the required aids. Anybody can be an Independent Representative regardless of education or age. The home office in Lexington staffs around 50 members who are ever ready to guide the representatives, and help them achieve higher goals in their venture.

To conclude, Fortune Hi-Tech Marketing boasts of a fantastic leadership, dedicated Independent Representatives and high top quality products. Some people may argue saying they could only recover their initial investment and have not yet been as productive as stated by the enterprise. But there is also another set of people who are extremely happy with this business and want their family members to join too.

Friday, September 24, 2010

Numis Product Initiated A Network Marketing No Competition Category

Any time Some of you hear mlm, you go, "oh boy, he will talk about a juice, a pale, a powder, air filter, laundry washing detergent or something of that nature.  Well, Numis products are silver and gold assets.  They are the only product in multilevel marketing that has value.

Getting involved means that you will get to collect Numis products being an asset with time.  We get some of the funniest objections from time to time from prospects that are considering Numis Network.  "How much am I gonna be capable of sell them for in 4 or 5 years?" Well, isn't it neat we can have have that discussion at all.

You see the majority of mlm companies is either a website, a service, juice, pale or something containing zero value in 5 years.  It is just really powerful to realize how different the Numis Network Products are.  You literally get to collect real assets for free because that's exactly what you are promoting.  With what is going on in the economy, it might be a smart idea to have silver and gold assets.

Let's think about it for a second that I came over your house and I felt like I should give gifts away.  I said to go inside my truck to grab some of my goods that I sell.  How many pack of pales would you get?  How about bottles of juice?  If it was silver and gold assets, how many would you grab?  I bet you would get as many as you found of silver and gold and even tear my truck seats apart looking for more.

That's what is neat about the Numis Products.  You won't ever bring in anyone into the business and have them angry at you because they possess too many of them lying around.  You could never get sick and tired of the products.

Everyone in this tight economy is much better off obtaining the Numis products whether you build the business or not.  For the first time, you get to build a business where you actually get to pass something down for your kids.  That has been a myth for 50 year in the MLM Business.  It is actually true now.  The worst case scenario is that you have a garage full of silver and gold in the unique business opportunity.

One of the leading disadvantages in this industry is eradicated.  As ideal as the network marketing business is, there are almost 5,000 companies competing with equivalent services and products in a few limited categories; nutrition and skin care, household products,technology products, Services like financial, travel and discount programs etc.   Numis Network products eliminates the need for almost worthless inventory that most possess in this industry.  The value of the products increases over time historically and competitiors can never make a better one.

Last but not least, the Numis products has never been sold through mlm before.  It is a cool product category that's already generating billions of dollars in product sales.  Addititionally there is no prominent leader of the Numis products outside of network marketing, i.e no Walmart of numismatic Coins.

Thursday, September 23, 2010

Network Marketing Companies Are Legitimate

You are on this page right now because you want to know if network marketing companies are legal. Well you are not alone. Thousands of people are wondering the same thing every month because a friend or a family introduced them.

In fact, there are multiple resources online that will educate you on the industry. Now I wouldn't call it an industry if it was illegal; mostly not. Like I said, I will show you a few points in this article that you can use to evaluate any money making opportunities like network marketing companies.