Network
marketing, multilevel marketing and referral marketing all follow a similar
pattern. Instead of having a retail shop, a company allows people to purchase
goods or services with the right to enroll other people to also purchase the
goods, for which they receive compensation. This means that the sums paid to
warehouses and retailers are paid to the individual marketers instead.
This method
is used by many big companies. There are a variety of compensation programs,
but the simple scheme is binary. This means that you recruit two people [two
legs] and they each recruit two and they each recruit two, etc. Some people recruit
more than two, and some recruit none, so there is an uneven flow from each leg.
You work to keep them balanced under you so that you receive the maximum
compensation available.
Is this
pyramid selling?
It’s
unfortunate that pyramid management (normal and legal) and pyramid selling
(always illegal) sound a bit alike. Think of any business. There is a General
Manager at the top, then a few Managers, then some Regional or Assistant
Managers, then a lot more Staff. If you draw it out, it looks like a pyramid.
The Army is the same. Nearly every organisation is. All network marketing,
multilevel marketing and referral marketing is.
In network
marketing, each person purchases product with the right to sell. Each person
gets the product which is something they have chosen which has a substantial
commercial value.
The problem
arises when network marketing has no end user benefit. Either the product is
grossly overpriced, deceptive, or has no intrinsic value. A famous case in
point was an “Aeroplane Game” where you purchased a seat in an imaginary plane,
and sold seats to other people. If you sold enough seats you got to be Captain
and made a lot of money. But if you purchased a seat and failed to sell enough
to be Captain, you lost the lot. You had nothing and you had paid out. This is
criminal and is pyramid selling.
If you are
working with a network marketing company you will receive product and you can
then sell to others. Bringing others into the organisation is not something
everyone finds easy!
So what’s
new with Joint Venture Group?
You can
recruit people by -
Direct personal contact
Advertising on the internet or other means through Joint Venture or others
Benefactoring – you pay to have someone you know become a member
Purchase of a member through Joint Venture Group’s AAP Program
Joining a Team Building group.
This means
that if you are unable to personally recruit or don’t like to, you can still
build a group under you and gain the financial benefits.
There is
also overflow from active people above you, but this is occasional because
people above you have to spread their extras thinly – there are a lot of empty
spaces under them!
Tell me about Joint Venture Group
JVG was founded by Norman Ball, and is a new group. This will tell you something about Norman Ball.
Norman was born and raised in Canada. He and his wife
of 40 years, Dianne, settled in Western Canada but spent many years in Ontario,
Washington State, California and Arizona.
His late teens and early
twenties were spent in military service including several years in Europe and
then a ten year stint in management within the food service industry.
For the last 35 years, Norman has been a network
industry leader as a publisher, owner, trainer and participant. He
has built organizations of 50,000 collectively, personally sponsored over four
hundred representatives and has trained over 250,000 entrepreneurs. As a
publisher to the industry, he examined close to 3,500 network marketing
companies and consulted with several others.
Norman has also owned and operated a medium sized
contracting company and was the camp manager for Noranda mines in Northern
British Columbia and the CEO for Crystal Clear Window Works in Toronto
Canada.
He was formerly a private pilot and was certified as a
chef. Norman was also the Chief Operations Officer for a high tech
company operating in a dozen international markets.
He received notoriety by
carrying the Olympic torch to the 1988 Calgary Olympics and again when he was
acknowledged by hundreds of mayors, Governors, premiers, Canadian Parliament
and the White House for walking over 8,400 miles at the age of 59 to help
children dying in the streets.
Norman’s MLM history
as a top producer and some accomplishments. 1970 to 2009
Golden Products.
Bestline. Amway. Strong producer in Amway and top producer in Bestline.
NSA: National Marketing
Director (one of Canada’s top producers)
Founder/Director 'Toronto Success
Center' (Highly successful, highly profitable business center).
NTC: Top producer (Canada/USA).
Income pegged at $47,000/mo. 1980ish.
Prosperity Network: Published a
trade magazine to MLM industry.
Co-owner/CEO. Utel
Communications (Pittsburg) Long distance (hostile takeover-1984)
Excel Telecommunications
(USA/Canada) Strong producer in US. So-so in Canada.
Pre-Paid-Legal: (one of Canada’s top
producers)
Toronto Success Center
(re-established) Managed successfully until charity walk.