Imagine what you could do if you had extra time and additional cash?
What would most people do if they had additional time and more cash?
Odds are, with extra time and funds, most folks would opt for travel, whether on holiday, leisure travel, or on a cruise.
Based on the WTTC (World Travel and Tourism Council), travel as an industry, tops US$ 7 trillion a year. This represents one of the largest industries in the world. With such a huge industry, there are also a growing number of Multi Level travel businesses.
As a home based business professional looking to get into the travel industry, how do you choose a business opportunity that’s ideal for you?
The ultimate aim is to choose a genuine travel mlm opportunity that is an ideal fit with your personality. Ideally, you want a travel home business opportunity that makes sense to you and will make you money in the short and long run.
Beneath, I have listed some factors you may find useful when evaluating a travel company.
Choosing a travel Multi Level company & potential upline
1. Before you even probe deep into the organisation, have a look at their website. Does the website look credible? Is there Legitimate contact information on the site? How long is the domain registered for? This in itself can set the tone for the kind of professionalism you can expect when dealing with this company.
2. Find out who the owners of the travel organisation are. Do they have sufficient experience and a proven track record? The long-term growth of a company goes hand-in-hand with good leadership.
3. Is the company a member of any major, credible association, e.g., Better Business Bureau, Direct Selling Association, or a Travel Marketing Association? This is to determine the company’s credibility and reliability.
4. Choose a company with a proven track record of sales; preferably one with increasing sales of travel products or services in the last few years.
5. Of the travel business’s revenue, how much is from travel-related product sales, and how much is from recruiting, if any. If you have the majority of revenue coming from recruiting, that’s a red flag for you.
6. What percentage of the company’s revenue do they give back to representatives? You want to get into a business that rewards its reps generously, but also maintains a sound financial base for the long-term survival of the company (for your benefit of course).
7. What are the sign-up fees and inventory requirements? Being in the travel industry, do you have any physical product requirement?
8. How do you break even? What kind of downline formation do you need to be able to break even and get into profit?
9. What kind of systems are in place within the travel company? Who takes care of orders and processes the payments on behalf of the travel customers?
10. Is the compensation plan easy to be familiar with? Can you easily show it to potential prospects?
11. Be familiar with the products or services you will potentially be marketing on behalf of your travel network marketing company. Will you be marketing cruises, vacations, dream trips to dream destinations, opportunities for people to become travel agents, or a combination of these? Knowing this helps you to market your products or services more effectively, and helps you match the products to the right market.
12. Be 100% sure the travel product or service has the possibility to add value and enhance people’s lives. Would people buy the travel products or services, if the business opportunity wasn’t attached to them? Would you be interested in the product if you weren’t selling it?
13. Find out about your potential sponsor. What does he/she bring to the table? I don’t believe it is enough to just give you access to a travel Multi Level Marketing business opportunity. What other skills will they teach you? Your success will in a large part depend on your own determination and efforts, as well as your sponsor’s mentorship.
14. Given the economy’s state, the price point will be a major decisive factor. However, price point must not compromise the quality of the travel products being sold.
15. Is there a duplicable process? Franchises, such as McDonalds have far greater success than most conventional business because of their proven systems of duplication. Does your travel company provide efficient and easy-to-use recruiting tools that will allow you to recruit others, as well as help them be successful? Whether marketing online or offline, make sure you have a good duplicable system.
Get involved with a travel network marketing business opportunity and guide that you feel the most comfortable with. Then find and put into action a proven marketing strategy you’re comfortable with.
YTB, Global Resorts Network, Traverus, Pro Travel Network and Coastal Vacations are a few of the many Network Marketing travel businesses out there. Each of them offers travel-related products and services, and they are all unique in their own way. The onus is on YOU to be choosey. There are , similarly many scams, and you would not want to get conned.