mlm binary compensation plan. myth exposed about the binary pay system
TRANSCRIPT
MLM Binary Compensation Plan. Myth EXPOSED About The Binary Pay System.
July 12, 2016 by Justin Leave a Comment
Do you want to learn more about the “mlm binary compensation plan” and
how you can benefit from it?
Great! In this quick post we will discuss how the binary pay system works in
mlm companies as well as expose the misleading myths that you may be
SHOCKED to learn.
In addition I will also be sharing with you the underground secret to recruit
and sponsor unlimited reps into ANY mlm business.
Have you already been introduced to a company that tried to sell you on
the payment plan?
Or maybe you really like the products and just found out that the business
happens to have a binary plan and you are checking out how the money
rolls into your account…
Whatever the reason you are in the right place to learn the truth about this
mlm pay plan.
So lets get into it…
Binary Compensation Plan Strategy
If you have been pitched on the money making opportunity of a binary then
you have probably heard that your sponsor will place people under you, so
you better “lock in your spot” as soon as possible.
This is a powerful strategy that people use to sell the opportunity.
It promotes team duplication and working as a team to help your downline
benefit.
But do they REALLY benefit?
We will talk more about the mlm binary compensation plan myths in a
moment.
How does a binary pay system work? Part 1
The simple visualization of this compensation plan is…
You get 2 who get 2 who get 2 who get 2.
But what you aren’t told is that it takes a ton of people joining your team to
find someone who will ACTUALLY get 2.
You have to sponsor 100 people before you get a few people who really try
to build, and that doesn’t mean they do it successfully.
The 2 who get 2 who get 2 ect… is more realistically like…
The 100 who get 100 who get 100 who get 100.
How does a binary pay system work? Part2
So, when you join a company that uses a binary you get placed into ONE
of your uplines “legs”.
It is pitched that you will earn spill over from your uplines efforts and build a
huge team of people under you.
Which is true. (kinda… kinda never.)
Lets say you get placed under your sponsors BIG LEG…
And there are 10,000 people under you, you now have a team of 10K.
BUT what you aren’t told is that you earn NOTHING from that leg.
$0.00 income.
In order for you to earn a paycheck you have to personally sponsor people
in your SMALL LEG.
So what is the point of pitching a massive team if you earn nothing from it?
Its a clever, unethical marketing tactic that an mlm binary compensation
plan uses.
What if you get placed in your uplines SMALL LEG?
You earn NO spill over, no matter what.
How to actually earn spill over in a binary?
So you have 10,000 people under you, yet, make no money.
Great, now your seriously upset, frustrated and betrayed.
How do you earn money from the big leg?
You have to sponsor more people than the big leg because you get paid on
the weakest leg.
The volume you earn on the weak leg once it passes the big leg, then gets
deducted and you earn the difference.
What does that mean in simple terms?
It really means that an mlm binary compensation plan is filled with
misconceptions and myths.
These unseen truths are then used to get you to join.
Then you find out you have to sponsor and recruit just like any other
company only to earn tiny insignificant commissions.
MLM Binary Compensation Plan Final Conclusion
The pros of a binary is that you can pitch the opportunity in a way that
creates fear of loss.
Aside from that…
There is no realistic benefit that creates additional income within the
compensation plan.
You still have to recruit and sponsor people no matter what and teach your
team to get results.
Does that mean a binary is a scam?
No, its not.
In my opinion, its just an unethical type of business model.
Also it is my opinion that there is nothing wrong with being a part of a
binary if you know how to build it the right way and don’t lie to your team.
How to Generate Leads and Sponsor 510 New Reps Weekly In Your Binary.
It is your choice to join whatever company you want to.
My goal is not to trick or persuade you to join anything, but to share with
you the truth that is not told.
If you choose to build a binary mlm then you will find that lead generation
and signing up new members is your number one priority.
● Do you know how to generate leads without being pushy or pitchy?
● Do you know how to turn your prospects into new members? ● Can you train your members to have success right now?
If you are even sightly uncertain about these questions then pay close
attention…
The #1 way for you to succeed in mlm is to learn attraction marketing.
This is a way of marketing that gets people to come to you ready to join,
before you even talk to them, making recruiting like slicing butter with a
warm knife.
No matter what business you decide to join, this attraction marketing
system goes hand in hand with YOUR future success.
Not only will you learn futuristic marketing but I will be personally walking
you through how you can use the platform to increase your efforts and get
the results YOU want.
So go ahead…
Click Here for a 100% risk free look into one of the sexiest attraction
marketing systems.
Ill see you on the inside.
Visit my blog at www.justinleontemple.com for bonus marketing tips, mlm sponsoring strategies + 101 knockout blogging tips for free to boost your traffic. Original Article: http://www.justinleontemple.com/mlmbinarycompensationplan/
Justin Temple