ITV Ventures is one of the hottest network marketing opportunities to come along in years. As you may or may not know, individuals now have the opportunity to “partner” with Donald Barrett, the infomercial king. While Donald Barrett is relatively new to the network marketing world, his ITV infomercial company has been around for 7 years. ITV Ventures features mostly health related products, which are often formulated and endorsed by experts in the industry.
Individuals who “partner” with Donald Barrett and ITV Ventures are considered independent business owners, and are referred to as an IBO. They have the ability to retail ITV products and recruit new independent business owners. They make money either way. The pay plan for ITV Ventures is a 4X7 matrix, which allows independent business owners to make between 4%-7% on the total volume of their down lines. The pay-out goes 7 levels deep. An attractive feature of the business opportunity is that once a product is sold to a customer, independent business owners keep that customer for the life of the customer’s purchases.
ItV Ventures offers a home agent program to it’s independent business owners. With this option, an IBO can handle the incoming phone calls that are generated from infomercials. They are routed by an Internet platform right to an IBO’s home. This is unique to network marketing, where typically individuals are responsible for educating potential customers about the benefits of their products or services.
So what about ITV Ventures, is it the “real deal?” The “holy grail” of network marketing? Sort of. Their are some factors regarding the cost of various aspects of the program that need to be considered. Independent business owners are required to ‘move” a minimum of 100.00 worth of products per month. The 100.00 can come as a result of self purchases or customer purchases. The home agent program has a monthly fee as well. Home agents must pay for “call credits” in order to handle incoming calls.”Call credits with ITV Ventures are 1.00 each, with the average call costing about 20 “credits”, or twenty dollars.
The success of a network marketing company hinges on it’s ability to create a system that can be duplicated. Each individual must be able to be “plugged” into the “system” and be able to experience success. With the business opportunity, Independent business owners need to be good sales people. The products are expensive, and not every incoming call results in a sale. Far from it. The company does offer an excellent training program, and quality support.
In conclusion, ITV Ventures is an exciting opportunity. Donald Barrett has plans to add many new products and services in the very new future. The company has a good “handle” on what consumers are looking for in the health market, as well as other markets. The fact that ITV Ventures uses the credibility of infomercials to help build an independent business owner’s business, is very powerful. Plan on hearing more about ITV Ventures in the near future.
By: Michael S Hutchins
Posts Tagged ‘Network Marketing Opportunities’
Network Marketing – Key to a Successful Relationship
January 19th, 2010
There are many good network marketing opportunities, but not all of them are the one for you. The decision to join a business or begin a relationship is as varied as the personalities involved in the relationship.
For many new network marketers, falling in love with the products was THE major factor in joining their business. Although quality products crucial, they are aren’t as important as the company’s management and business model. When I look at products, I consider how large the product line is, if the products are value priced, do the products have quality ingredients, and are they updated to reflect the changing market.
In personal relationships, a person may fall in love with looks first, but as the relationship develops and changes, people must look at other factors such as similar backgrounds, complementary personalities, desired lifestyles and wanting the same things from life itself in order for the relationship to deepen and take on a new level of meaning.
If you think about it, network marketing is a lot like dating. We need to make sure as network marketers, we take the time to listen to people and take the time build a solid foundation so that our relationships have a chance to deepen and people know we are here to do more than just “sell” them.
Our goal should be to touch our prospects lives by helping them achieve their network marketing dreams, whether that is to find a great product line or build a $10,000 per month business from home. Network marketing and dating are both about building relationships with people who have a common bond and goal.
In the network marketing arena, a person should look for the 5 pillars of a company to help the distributor become successful. The 5 Pillars to look for in a MLM company are as follows:
1) MLM Company Management with Experience and Integrity – You’ll find this by reading your policies and procedures.
2) Timing in the MLM Company and MLM Industry
3) Products- The Company has more than one product and they are value priced so that distributors can sell them at retail.
4) Compensation plan that works for part-timers as well as full-timers. The vast majority of MLM distributors are part-timers.
5) A proven lead generating system that doesn’t rely on family and friends.
Each person chooses their MLM company based on choices that are important to them, but if the goal is to build a successful network marketing organization for themselves, the above 5 pillars should be the major consideration for successful network marketing.
Network marketing is much like the dating world in that many people fall in love with their products first without consideration given to the business model or company itself. When dating, people are attracted to another by looks first. It is fine to be attracted by looks, but after the initial attraction we must look deeper to determine if we have enough in common and if we can move to the future together.
When we look at our network marketing future, we need to consider the company we are about to “marry” because they will help to determine our future network marketing success.
By: Brenda Bunney
Network Marketing Opportunities And How to Finally Learn How to Promote Them!
January 5th, 2010
Did you know that there is a big secret when it comes to promoting network marketing opportunities? No matter if you are involved in the industry are not I’m sure you’re going to benefit something from reading this article. I have been involved in network marketing for many years now and have realized that the one big mistake that I always made when promoting a company product or service would simply be targeting. Lack of targeting can quickly take you out of the game with MLM.
What do I mean by this? Well traditional training that have to do with this industry always tell you to target people that you know and tell them how great your opportunity is and bring them to your website or hotel meeting. Case and point is that this rarely works because they are not the people you ought been looking for you. They have no interest in starting a business and they have no idea what MLM and network marketing is.
Have you ever had an experience with one a family member who you shared the opportunity with and have them laughing you face? If not then it will happen and if so I know exactly how you feel.
That’s why the number one secret network marketers need to understand right now is that their target market is with other network marketers. People who understand the business and are going to jump aboard and not need to be taught all the ins and outs of the industry. They understand the importance of it and how powerful having a downline is. They understand what needs to be done and they will go out and do it. This is how you can explode your organization beyond your massive imagination.
When you target these types of individuals they will continue to do the same themselves and thus you have a worldwide organization with in half the time you would have by targeting your friends and family. Do you see how powerful this strategy is?
Unfortunately I have not heard this taught by many teachers out there because they continue to say the same old thing but always remember this article when you decide you want to go to your family and friends and pitch them on your opportunity. They most likely don’t want to hear from you, so put your opportunity in front of the people who actually do care which are existing network marketers.
By: Omar Negron