As I began my investigation into Passport to Wealth and
whether or not it was a scam or legitimate opportunity, I
found some very interesting points about the upsides and
downsides of this opportunity.
The creator of passport to wealth is a fellow by the name
of Darren Gaudry. What he did was essentially copy edc
gold, another company and direct competitor in the home
business industry. You see, they both offer the exact same
product line as well as the exact same 2 pass up sale
compensation plan. One really nice attribute about the
compensation plan is that they do offer a 100% commission
of $997 for every product package sold.
The product package presented contains a multitude of
different software and audio books that can be utilized for
anything from building websites to creating and uploading
audio and video to your site.
If you are brand new to internet marketing you may be
confused about what a 2 sale pass up compensation plan is
exactly. The 2up simply entails you passing your first two
sales and commissions of $997 each (which comes to about
$2000) to your sponsor before actually making any money.
These are considered qualifying sales.
The downfall of a 2 up comp plan:
If a new person does happen to make two sales, they then
breakaway from the person who brought them into the program
and are then qualified to earn a 100% commission from sales
then on.
It sounds great, but when you take a closer look, it can
mean disaster for that person. You see, what happens many
times when they breakaway from their sponsor, they get no
more support or training. This is because the sponsor no
longer earns any commission on their efforts and so
therefore has no incentive to help them continue to make
sales and have success with the program. In essence they
become direct competition for each other and therefore
there is a lack of team synergy between many members.
Coming to conclusion, passport to wealth definitely has
some good software products to offer consumers and software
is a hot item to market right now. However, some concern
comes up with the compensation plan as most newbies will
really have a hard time doing well simply because they have
to pass up those first two sales. For an experienced
marketer, this might not be an issue, but many newbies will
end up struggling.
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About the Author:
Brian McCoy is a top internet marketer and works with other
industry leading marketers from around the world. To learn
more about him, you can visit
http://www.Wealthy-Marketer.org
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