subject: An Honest Review of WorldVentures - Can You Really Make Money With WorldVentures? [print this page] An Honest Review of WorldVentures - Can You Really Make Money With WorldVentures?
First and foremost, I would like to say that I am not affiliated with WorldVentures at all. I have knowledge of the WorldVentures opportunity and I also know a a number of people involved with WorldVentures. I am just sharing my information from the WorldVentures opportunity with everybody. You can feel comfortable in knowing that what you read is an entirely honest review of WorldVentures.
TRAVEL MORE, DO WHAT YOU REALLY WANT TO DO, AND MAKE MONEY.
More than $8 Trillion is being spent on world wide travel every year. That number is anticipated to rise to $15 Trillion in the next few years because of the baby boomers. Which makes this an excellent MLM business opportunity. There are several home-based business opportunities in the travel niche and WorldVentures is one of the more popular of them all. In WorldVentures first 3 years in business they did over $150 Million in revenue and that number is anticipated to grow over the next few years.
When you join WorldVentures you basically become an online travel agent, in competition with other travel companies. But most individuals who join WorldVentures rely more on marketing the small business opportunity. The only sad matter about joining a travel company is that there is a bunch of competition in the travel industry. But travel has the most money being used up on it.
HOW MUCH DOES WORLDVENTURES COST TO JOIN AND WHAT DO YOU GET?
The price to join WorldVentures is $199 upfront and $24.95 per month. What you obtain for your membership is an online retail travel site, internet travel tutorials and exam, along with higher level travel industry opportunities. Your primary products are "Dream Trips" exclusive vacation packages. Once you join "WorldVentures Dream Trips" there are a large number of vacation packages to choose from throughout the year. You get discounts on travel around the globe.
Your LTC (Leisure Travel Consultant) site is powered by Rovia. People can go to your website and book vacation packages, cruises, airline tickets, hotels, car rentals, condo rentals, and much more.
WHEN PEOPLE BOOK ON YOUR SITE, HOW MUCH DO YOU MAKE?
Here are your average earnings taken from the WorldVentures website. Here is an example for a condo rental, lets say the cost for the condo is about $399 a week, you earn about $23. Here is an example for a vacation for two, lets say the price is about $1,478 per person, that's $2,956 total, you earn about $177. Example for a group cruise, lets say the total is $31,980 total, you receive about $2,238.
As you can see, if you are planning on just booking travel for clients then you will need to book quite a bit in order to make any money with WV. Most members in WorldVentures make an income by promoting the mlm biz opportunity. If you are wanting to just book travel you would most likely be better off becoming an agent for a travel company rather than join a mlm company.
WHO WAS WV FOUNDED BY AND WHO ARE THE LEADERS TODAY?
WorldVentures was founded by Wayne Nugent and Mike Azcue and is based in Dallas, TX and launched December 10, 2005. WorldVentures has office space located in Dallas and employs a corporate staff of more than 165 people. On April 18, 2008 Michael J. Conway, 30-year travel veteran and Co-Founder of America West Airlines has been named Chief Executive Officer (CEO) of WorldVentures. He's twice been named Airline Person of the Year by Travel Agent Magazine, was the lead airline and aerospace specialist for the New York Office of Price Waterhouse, and during his career he's raised above $1 billion in financings, including an IPO. Former CEO Dan Stammen is now the Chief Marketing Officer (CMO). Throughout his 25 years in marketing, Stammen has built sales groups totaling more than 1.2 million representatives that generated over $900 million in sales. If you sign up with WorldVentures you can have peace-of-mind knowing that the company is being brought up in good hands by excellent leaders.
THE WORLDVENTURES COMPENSATION PLAN
There are a bunch of different ways that you can get paid in World Ventures. Here is a simplified description of the pay plan.
1. Direct Commissions - You earn commissions for every new sale that you personally make. This can be a Dreamtrips membership sale, a Leisure Travel Consultant Package sale or both combined. The ordinary commission amount is $20 per sale.
2. Personal Sales Bonus - For every 6 personal sales you make, you can get a personal sales bonus. This bonus consists of $250 in cash and $100 in training dollars. Training dollars can be used for any training event you attend within WorldVentures.
3. Weekly Team Building Bonus (Cycles) - In Worldventures, you build two teams: a right team and a left team. Within those two teams sales will be made. Every time there are 3 sales made on the right team and 3 sales made on the left team, a $100 cycle bonus gets paid to you. These sales can be completed by anyone on your team. And there is one more thing that makes this even better, the company pays out a $200 cycle bonus to you every time you cycle within your first 60 days. Several of the top earners in the company are cycling 20-30 times per day.
4. Residual Income - For every 6th cycle, you earn $20-$40 in passive, re-occurring residual income. This means if you cycle enough times you can earn enough residual income to cover your bills at home. That would be incredible right!? You would never have to worry about making enough money again as long as you cycle enough times.
5. Travel Dollars - Like the residual income payout, for every 6th cycle, you'll also earn $100 Travel Dollars. These dollars can be redeemed for travel booked through Rovia. Anyone in your immediate family can redeem them.
6. Lifestyle Bonuses - There are some very beneficial lifestyle bonuses you can receive. Once you hit the status of Regional Marketing Director, the company will give you a $1000 a month Dream car bonus that you can use to make a monthly payment to the car of your choice. And once you hit the status of International Marketing Director, you'll be rewarded with a $1500 a month dream car bonus and a $3000 a month dream house bonus that you can spend on your house payment.
So as you can see, the WorldVentures compensation plan is wonderful and you can earn a substantial amount of money with WorldVentures. It all depends on how much you want it and how hard you are willing to work at it. Nothing in life comes easy, you usually have to work the business in order to get anywhere good with it.
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