DISCLAIMER: The below compensation plan comparisons and breakdowns are based upon the opinions of people. Compensation Plans from companies to companies do change overtime and so these below comparison documents may be outdated. We highly suggest that you do your own homework, your own due diligence and contact whomever you feel is most professionally inline and has knowledge regarding your company or a company that you are looking into. We do not and can not guarantee that our opinions are 100% accurate but are simply our own personal opinions of the compensation plans after we have looked at them.
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Here is where we found the compensation plan for Modere
Please also make sure you’ve watched the Compensation Plan Pitfalls training located here so you can understand the “game-over” clauses.
To begin, the compensation plan already highlights 2 “game-over” clauses. The first one being they have many ranks to have to go through in order to unlock higher commissions and bonuses. In GWT, when you simply start or upgrade yourself to the Diamond package, you INSTANTLY unlock all of the highest commissions and bonuses in the company. And if you look at the what percentage of people have the highest ranks, it’s usually less then 1% which means 99% of the workforce will never unlock their highest earning potential.
The second issue with these ranks is that not only do you have to have more sales volume but you also have to build structures in your team in order to get to higher ranks to unlock higher commissions and bonuses. One question that also remains to be asked is can someone lose their rank? From what we could tell on the document, it seems possible that you can also lose your rank which is another “game-over” clause.
Modere has bonuses such as the Get 3 Doubler and then the Team 3 Bonus. So only once you get your 3 three people do you earn this bonus. With GWT, the moment you launch even one VDM you instantly earn a bonus. So with GWT, you earn bonuses on every single VDM that is launched where as with Modere, it’s only when you get your 3 that you earn these bonuses. But again, if you watched the pitfalls training, what is important here is the “Residual Income” and NOT the bonuses. Because bonuses come and go, but “Residual Income” is for life.
But before I go into the Residual Income, there is another SERIOUS problem with MODERE which may look fancy, but actually, is crazy in my opinion and that is the 60 Day Placement. The 60 Day Placement is worded so that you think it’s beneficial… but to who? They say it allows you to create momentum by strategically linking your team members. Let me ask you question to help you understand this. Let’s say you got started today, you would expect that anyone else joining in AFTER you would go in… BELOW you correct? Wrong. With the 60 Day Placement, what could happen is that they could use your application sign-up to try to get more sign-ups by telling others to get in first before they place you in. So how is that fair? How is it fair that if you joined today, and others joined in the next 60 days that they even have a remote chance of being in BEFORE you? MAJOR ‘GAME-OVER’ clause!
Let’s get into the meat and potatoes now… the Generational Unilevel. This is your RESIDUAL income that is on-going and paid monthly. In GWT, it pays weekly. I prefer weekly personally and so would anyone with the right mind. Next, this is an INSTANT GAME-OVER clause because Modere only pays down to 8 Generations. In other words, anything that happens AFTER 8 Generations you never receive a DIME for it. “GAME-OVER”. In GWT, you get paid from your first Generation, all the way down to INFINITY on ALL of your generations.
Another ‘game-over’ clause is that their payout is not all the same. Some start at 4%, some 5%, and some 7%. At GWT, you earn 10% points to dollar or 8% dollar to dollar on each and every single generation from the 1st one down to INFINITY. Would you want 4, 5, or 7% or ALWAYS 10%? I use 10% because I believe their percentages are bases upon the volume and not the dollar. But even if it was based on 8%, GWT is still the clear winner. Modere tries to make it better by having a certain amount of compression that might give you more volume but at the end of the day, it still stops at 8 Generations.
The Modere compensation plan then follows with more bonuses that mainly benefits the people who reach the higher ranks. Again, these ranks 95-99% of the workforce don’t even reach it. When compared with GWT’s Matching bonuses, Global Bonus Pool, Travel Bonus, Car, Vacation, etc… it simply does not compare. Here’s one good example of why. If I were to take my entire downline, and move it into the Modere compensation plan, I would instantly lose more then 90% of my income. Why? Because it stops paying at the 8th generation. If someone were to take their entire downline in Modere and then move it into GWT’s compensation plan, their incomes would SKYROCKET!!!!
At the end of the day, don’t let fancy bonuses distract you from your goal which is to build long term residual income. To build it once, and have it last for life. Unfortunately, with Modere’s compensation plan, the longer you are in business the more you are losing because you are never earning down below the 8th generation.
GLOSSARY OF TERMS
This is an important item because there is no other Direct Sales company that does what we do which is a Designer Brand in MLM. If you are in the health and wellness industry there are millions of people competing against you.
Product Type – WANT versus NEED
It’s easier to sell a want then a need. Want is more powerful then need. For example, people don’t need to smoke, but they want to. People don’t need to drink, but they want to. People don’t need to buy fashion items, but they want to. In nutrition, selling a need was good many many years ago. When there was only a few nutritional companies or telecom companies or utility companies. Nowadays, there are too many choices amongst MLM and even the local grocery and pharmacies to buy nutritional items. In GWT, people are happily saving money into their IA to one day buy the item they’ve always wanted and have been saving up for.
GWT Products have no shelf-life so they can be passed down generation after generation. Other companies have products that either expire or go bad and if not consumed are tossed are in the garbage. Other companies products go obsolete.
Products Maintain/Gain Value
GWT Products gain value over time such as the FERI Silver, FERI MOSH line, and more. Other companies have products that do not gain value over time. They are mostly consumed, tossed in the garbage, or go obsolete.
Products have Verifiable Retail Value
GWT Products are certified and appraised by the world’s largest third-party companies such as GIA, AGS, IGI and GemLabs and the value of what you bought can be verified. Other companies may sell products where there is no way to determine the actual retail value.
GWT profits can easily be 100% and more with our vast line of naturally high profit margin products. Other companies are often no higher then 30-40%.
Products Can Be Passed Down to Future Generations
GWT Products are a type of product that never get thrown away but rather are passed down generation after generation. Other companies products go bad, tossed in the garbage, become obsolete and are not passed down one generation after the next.
Products Natural High Profit Margins
GWT Products have naturally high profit margins to allow people to earn more income. Other companies have retail prices that no one would ever buy those products at the retail cost because the retail cost is unnaturally inflated.
Products are Visual
GWT Products are Visual and can be worn at all times to promote your business. Other companies have products that are not visual and you would not be as easy to promote on you.
Products are Culturally Accepted
GWT Products (fashion) are accepted by all cultures all over the world. Other companies may have products in which certain cultures are not accustomed too.
Products are Unique
GWT Products (FERI MOSH 19K, FERI MOSH 21K, and FERI Plangsten and all of the designs by FERI, FERI MOSH, and POSH) are designed in house by designers and unique to Global Wealth Trade. The FERI MOSH 19K, 21K, and Plangsten are only available material wise by GWT. Other companies have products that can be found in other competing companies.
Vast Selection of Flagship Products
GWT Products are vast and have over 1200 SKU’s which allow the distributors to earn substantial incomes. In other companies they often only sell a fell products that can become boring over many years. GWT Products gain more excitement year after year.
GWT’s products carry no risk and in fact gain value over time. With many other companies, especially consumables may have certain reactions that are risky (not everyone reacts the same way).
Product Time Till Gratification
GWT’s products have instant gratification. Once you see something you like, you like it. With other companies, you have to consume the products for several days or months to see the effect or the damage.
Products Pre-Approved in Every Country
GWT’s products are pre-approved in every country around the world because companies already import/export the types of products we carry. With other companies, products often require approval from the Food and Drug Administration by the Governments or for service type companies, the services and partners must be established (i.e. telecom).
Can Do Business In Every Country?
Simply put, you can do business in every country with GWT. Other companies can not due to their product issues.
With GWT, there is no other company in Direct Sales that does what we do, a Fashion Designer Brand. In Health and Wellness over 92% of the companies on the DSA and in Health and Wellness, Telecommunications, or Household products.
Third-Party Media Accolades
GWT has an incredible number of third party media credibility such as the Canadian Business Journal, American Business Journal, VIVA Internationale, Canadian Jeweller, REGARD Magazine, The VIEW, Toronto International Film Festival (TIFF), the Emmy’s, Oprah Winfrey’s (Women of Wealth), Networking Times, BusinessForHome, Network Marketing Business Journal, Prestige Magazine, Entertainment Tonight, Preferred Magazine, Fashion Shows and More. Other companies usually only have one or two media appearances and most of them are within MLM where as with GWT many are NON-MLM media accolades.
Saturation has to do with timing and competition in that GWT has only 12000 people. Many other companies have well over 300,000 which means that the timing may not be as good. On the flip side, a company with only 100-200 people could be a risky company. Typically if a company has surpassed 5 years it’s going to be a non-high risk company to work with.
GWT has the revolutionary IA Program where as others usually have an autoship that you have to order products every month.
Retention and Monthly Reorder
The autoship relates to retention because according to the DSA the average for renewing the business yearly is 11% where as the monthly product re-orders are 6%. GWT’s retention ratio is 500-600% higher then other companies on average because of the revolutionary IA Program.
GWT never flushes volume in any kind of way. Other companies flush volume which means that of the work you did or did not do to accumulate volume, the company will flush that in one of many ways and you lose that. When you lose that, you lost possible revenue because volume is usually commissionable.
GWT doesn’t have a cap for the maximum amount of volume you can have. Some other companies do.
Max Carry-Over Volume
GWT does not have a max carry-over on volume. Some other companies only allow you to carry over a certain amount and the rest is flushed.
How Many Legs to Build?
GWT only has 2 legs to build which is the easiest. Trying to build more then 2 legs is just more work. Why build more then 2 legs when you only need to build 2?
Pays to Infinity?
GWT pays from the first level down to the very last one (INFINITE). Other companies only pay you down to a certain number of levels which means that you lose the volume from the bottom levels (which means you lost income). Other companies do pay to infinite but you have to work to a certain rank to unlock that and often enough when you unlock those levels, it’s a lower payout in percentage. Why go through all that when you can join a company that has no levels?!
E/D (Earning Per Distributor) Ratio
The E/D Ratio just means how much in residual passive income do you get paid per person in your team. The Average is 1 to $1 which means 1 person pays you $1.00 in passive income. So to make $10,000 a month passive income you need 10,000 people. With GWT, it’s up to $10-$20 which means for much less people, you can make much more. Why do more work for less?
Team Commissions % Payout
This is the bread and butter, the focus of MLM is to build a long term passive income. The higher the better and it has to be on all of your business. GWT pays 8% on the first level down to infinite. Others don’t pay to infinite or it’s a low pay out.
Cap on Commission Based on Rank?
GWT has no cap on your commission based on ranks. Other companies don’t allow you to earn the full commissions until you unlock a certain level rank. Why the hassles of working through ranks when GWT has none?
Do Ranks impact your pay?
Aside from the commission, does the ranks impact your other revenue streams and bonuses. With GWT it doesn’t because there are no ranks.
Active Personal Requirement
With GWT, you only need two personal sponsors to start earning commissions but you start to accumulate volume even without the two. With other companies, you need to have certain number of personal sponsorships to unlock your commissions or to maintain commissions.
Car Program and Car Program Monthly Qualifications
GWT has two car programs for the luxury line and also the elite line and best of all, there are no monthly qualifications to maintain. Once you achieve it, it’s yours for 18 months. Other car programs you are on the lease and if you can’t maintain your qualifications, you have to pay out of your own pocket.
The higher the total payout, the more income one can earn. But one must also understand that a high payout doesn’t necessarily mean it’s easy to unlock those commissions. With GWT, it’s a high payout and there is nothing to stop one from unlocking the highest and attaining the most commissions.
Bonus or Commission Focused
Companies often focus on paying lots of bonuses because bonuses are one-time. With Commissions, companies have to keep paying that week after week. Pay in Commission are good for the members where pay in Bonuses are good for the company. GWT has both!