PlanNet Marketing Review
Name: planNet marketing
Price: An upfront payment of $179 and a monthly membership fee of $ 39.95
Owners: founder- Don Bradley and CEO- Andy Cauthen
PlanNet Marketing Overview
PlanNet marketing is a travel network multilevel marketing company that seems to be gaining good ground. It allows you to transform a passion for traveling into a lucrative income generating avenue. While the main focus in MLM schemes is generating different strategies to recruit more people into the matrix, planNet marketing aims to make provisions for affiliates who are signed up to the system to become travel agents and earn commissions with each referral. These affiliates are referred to as agents and are equipped with personalized links and customized websites where they can register fresh links into the matrix.
The idea behind planNet marketing is that agents can decide how much they earn depending on their level of involvement, this implies that there is no set quota required, essentially making you your own boss. Agents with the company may act as both travel agents and top level referrers who can bring in new affiliates known as “inteletravel agents” to sign up beneath them in the matrix. Becoming an inteletravel agent with this company allows you to book vacations, hotels, cruises, airlines tickets, car rentals, tours and all sorts of travel plans. All agents earn a set commissions per travel sold regardless of destination. While this company seems to offer good prospects for financial freedom and opportunity, there remains a fundamental issue that must be addressed and the big question which remains-
is planNet marketing a scam? And how legitimate is the endeavor?
The good and the bad
Just as it is with a majority of MLM setups, there are upsides and downsides associated with planNet marketing and one must carefully explore every option to fully decide if it is an adventure to engage in.
- With planNet marketing, there is no minimum quota that agents must earn in order to receive their commissions. This implies that, regardless of how often you introduce more people into the system, you are entitled to a commission from your travel bookings made and the people referred. This gives room for some sort of financial independence and allows you to participate either full time or part time.
- Becoming an agent with the company gives room for you to be your own boss. All agents are equipped with innovative tools and complementary support like; a free/personalized website to serve as your base of operations, direct mail and customizable newsletters.
- It allows you to see the world while having the time of your life and making good money.
- Affiliates are entitled to specialized VIP travel discounts.
- It is a system that requires a monthly membership fee to remain an agent. This puts up a sort of pressure and an ultimatum translating into the fact that if you don’t sell travel plans, you lose a monthly fee.
- The agents higher up the chain are disposed to earn a higher commission than lower/newer level agents in the matrix. This comes from the monthly fee paid by the downlines supplying a $4 monthly commission to the uplines.
- It requires explicit marketing, lead generation, energy and exposure to get involved as a travel agent ultimately making it a numbers game.
Who is planNet marketing for?
Regardless of the extravagant promises and attractive compensations often offered in most MLM setups. It is important to know that the field of marketing requires skill if one is to succeed. While the travel industry is quite lucrative as everyone is on the move these days, it is imperative to understand that success in planNet marketing requires highly energetic individuals.
The venture is most suitable for people with a passion for travel, individuals seeking an alternative source of income, people who are money-motivated and sociable.
PlanNet marketing tools and training
The system is a particularly straightforward setup, signing up as an agent provides you with insider knowledge of the travel industry. Agents are equipped with complimentary tools that enable them to proceed immediately as affiliates with the system. These tools include;
- A free and personalized website.
- Travel booking tools.
- Email marketing systems.
- Direct mail.
- Customizable newsletter.
- Business cards and stationery.
PlanNet Marketing support
The company has an elaborate system that makes provisions for new referrals to get quick answers to their questions. The first point of call would be to ask your recruiting agent if you have any inquiries, but you can also reach the planNet marketing support team at email@example.com or visit the company website at www.plannetMarketing@yahoo.com for more information.
PlanNet marketing price and compensation system
In a bid to answer the big question of whether or not planNet marketing is a scam, one must, therefore, explore their price packages and compensations systems as this is where most MLM companies fail to deliver.
New entries may join as either planNet marketing sales rep or inteletravel agents. Joining the system as a planet marketing rep requires you to pay a prelaunch fee of $9.97 and a monthly fee of $19.95; you can then earn commissions for every inteletravel plan sold and every rep recruited beneath you in the matrix.
However, joining the company as an agent requires an upfront payment of $179 with a monthly membership subscription fee of $39.95. This agent must then get other affiliates to sign up under him/her and earn a commission of $50 per recruit, the newly recruited agent is then expected to get other recruits and do the same. As the matrix proceeds further, the initial recruiting agent earns a 50% matching bonus of $25 for each person his immediate downline recruits. All agents are entitled to a commission for every travel plan sold regardless of timing or destination.
The essence of multi-level marketing lies in the presence of a residual income, planNet marketing operates a 3×9 matrix system where inteletravel agents must sign other agents up for the matrix to be completed. This ultimately means that, the matrix requires 29,523 positions to be filled in order for every agent to earn a monthly residual commission. Every member of this matrix earns $4 per month which is sourced through the $39.95 per month membership fee paid by each agent.
PlanNet marketing also offers specialized bonuses to its agents, an agent is entitled to a gold builder’s bonus of $10 each time a downline recruits a new agent to the unilevel team. To become eligible for this bonus, one must have recruited at least 9 other people as inteletravel agents.
Another bonus is the director bonus which is tied in directly to a number of affiliates you can recruit to the system. This depends directly on the number of active inteletravel agents in your downlines.
Another bonus is the rank achievement bonus which agents can earn depending on the amount of income they pull in a month. For example, an agent that earns $8,333 monthly is entitled to a sapphire ring, a monthly income of $20,833 entitles you to a ruby ring, and an income of $41,667 makes you eligible for a diamond ring while a monthly income of $83,333 entitles you to a double diamond ring.
My final opinion of planNet marketing
PlanNet marketing seems to be a truly rewarding venture that depends on your ability to form networks, teams and get downlines. However, before signing up, you should realize that there is no material product line being offered and the company features a recruitment scheme that sells inteletravel agents membership and travel plans only. You
You must, therefore, weigh your options and decide if you can outsell the competition before concluding if planNet marketing is right for you.
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