Monavie opened their doors in January of 2005, joining the thousands of other MLM companies already in existence. Founded by Randy Larsen, Daniel Larsen and Henry Marsh, they have grown very fast and are in 8 other countries besides the USA They have done remarkably well, basing their whole business on one fruit, the acai berry. They throw in another 18 different berries to complete the drink.
There is a guy I know in Monavie who has been in it for a couple of years, and I don't think he is making much money yet. Yet, his excitement still runs high, and he claims his downline is pretty big. He has a very supportive upline and he loves the antioxidant rich Monavie drink.
When I questioned him a little further, I found out he has one strong leg and one weak leg (Binary Compensation Plan) But he gets paid bonuses based on his WEAK leg If he quits his autoship, he loses all his downline in the bigger leg. So even if he isn't making much money, he stays on autoship, with the hope that his weaker leg will start growing.
It's hard to give out points to Monavie for their compensation plan. At least not the section that removes your downline if you don't remain on autoship. There are many comp plans that help to diminsh the inherent "in-fighting" that happens in binary and unilevel network marketing companies.
It is imperative to get a just starting out recruit up to speed and making money as soon as feasible, so they stick around and don't quit their network marketing opportunity. To assist with this, Monavie offers 8 separate ways you can get paid, according to their compensation plan. These are direct sales, bulk order bonuses, team commissions, first order bonus, executive check match,
star maker bonus, leadership pools and multiple business centers.
According to their figures on August 29, 2009, 50% of their distributors earn on average $23 per week. 35% earn, on average, $35 per week. When you combine these two, that means 85% of Monavie distributors moreover don't make enough or barely make enough to pay for their autoship in their Monavie business opportunity. This is probably in line with the data of most other MLM companies.
I looked all through their compensation plan for any reference to lead generation or other unique ways to actively build your downline in this home based business. I didn't really locate any. This is my objection with many network marketing companies. They are very much "old school" in the way they do business. Old school network marketing certainly can work great. There is nothing inherently wrong with it. But its main draw-back is it's hard to duplicate your efforts, since old school is more personality driven. What I mean by this is if your A-type personality upline is making tons of money, there's no promise you will make tons of money by doing exactly what he did. If you lack his personality style and are terrified to pick up the phone, you probably won't make it - unless you change.
But there is an option to "old school." If you combine a good solid lead generation method with the other excellent things about Monavie, you will have a winning home business. So what is lead generation, anyway? How would you utilize lead generation with the Monavie business opportunity?
One system is to use Attraction Marketing, which is in essence a way of attracting people to your company by means of a "third party" funded proposal. I know, that sounds like greek or geek talk. A funded proposal is an e-book, for instance, that you sell to your prospect. She will pay $20 to $39 or so, because she is so excited to grab this material because it will support her efforts to market and grow her own multi level opportunity.
So how do you get this person interested in YOUR Monavie busines? Since you introduced her to a very valuable tool that helps grow her own business, she won't forget you. A small percentage of these people will be looking for an new opportunity or will be looking to change companies, and they, remembering your leadership, will want to join YOUR company.
Attraction marketing really works. It's been proven time and time again. You "attract" people to you. It's without doubt the very best way to insure your work from home Monavie network marketing business will be a success.
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