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 Compensation Plans from companies to companies do change overtime and so these below comparison documents may be outdated.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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To further understand the below and all compensation plans, please take a look at this must watch training.
Here is the compensation plan pdf that I looked at to compare.
1. Weekly Bonuses
Sadly, these bonuses are only paid on the purchases made by your personally introduced people in the first 60 days. After that, no more bonuses from that. At least in GWT, you get bonuses forever and we have no time limit on bonuses. Wholesale Profit you get that for life on everyone. Matching Bonuses the same and the BDB Elite as well plus all the other bonuses. This bonus you basically get based on the number of cases someone you personally sponsor buys. It starts at 30% at Tier 1, and as you get to higher Tiers you get a bit more and more until you reach 70%. A plan that makes you go through hoops and hurdles in order to achieve the highest bonus payout is what we call “GAME-OVER” because at GWT if you simply join Diamond then you receive all the benefits and all the earning potential without having to work through insane hurdles to get there!
Not to mention in their examples they use of how many cases you have to sell, it seems pretty unrealistic that your personally introduced people will buy so many cases.
2. Monthly Total Group Commission
There system is a uni-level plan, which I immediately say “GAME-OVER” because it means that you have to build more then 2 legs “GAME-OVER” and you don’t get paid to INFINITY “GAME-OVER” on Day 1 without doing some insane rank to get it. Furthermore, the way this works is that you basically get paid 7 levels deep “GAME-OVER” but the % of payout depends on whether you introduced that person on that level or if someone else did. If you personally introduced them on your first level you get 21% and then for level 2-7 it’s 4% and you may not get all those levels if you’re not some higher up rank. Next, for the ones you don’t personally sponsor you get 3% on your first level and 7% on levels 2-7. Either way you spin it, the majority of your volume will come after your first level. And you’re getting paid 3% or 4% on those levels. Would you rather want 3-4% or 10%? At GWT, we pay 10% on points to dollar or 8% dollar to dollar from the 1st level down to INFINITY AND we have NO RANKS to have to try to achieve.
There is the slight chance if you reach the higher ranks to get paid to infinity but you only get 1% or 2% at best. GWT pays 10% down to infinity. But wait, there’s more. the 1% or 2% is only paid until it hits the next person that has your same rank! So it’s a compensation plan contradiction because the strongest working leader in your team ends up hurting your pay cheque when they reach your rank. It’s backwards because you don’t want to help the strongest where at GWT you CAN and WANT to help the strongest because we don’t have ranks. Also, it’s even more dangerous when someone in your team surpasses your rank! Then you lost alot of your earnings.
3. Monthly Leadership Bonuses
In this monthly bonus here, it’s another “GAME-OVER” because you only get paid this bonus until someone else in your team reaches your rank.
There are also 5 criteria’s that you have to have to earn commissions (SUCH A PAIN!!!)
1. Personal Monthly Sales Volume (Personal VitaPoint Sales)
2. Total Group Monthly Sales Volume (Total Group VitaPoints Sales)
3. Personally Enrolled Affiliate Members
4.50% Team Rule
5. Director Legs
1. The first one is basically the autoship but at GWT, the maximum Autoship for FULL compensation is just $150/month where it’s higher at Trivita.
2. To make things even harder you also have to have monthly volume from your team and to make it EVEN HARDER it has to come in the first 7 tiers. In other words, this makes you want to build your team WIDE and not DEEP and so you’re not helping your team make commissions where at GWT you only ever build 2 LEGS and you build it DEEP and it helps your downline.
3. The personally enrolled means you must personally enroll 3 active people where at GWT it’s only 2.
4. To make another Hurdle and hoop to jump through they say that 50% of all your total sales volume can only come from one leg so it means that you 6000 of sales volume but 5000 is in one leg but you need 25000 volume for Director it means that they only count 2500 of the 5000 and you need 22500 left to go! Another tough HURDLE where we don’t have this problem at GWT.
5. Director Legs that ADD another HURDLE to your income that you have to develop Directors and when you do that it actually hurts your income.
At the end of the day, there are more questions to ask such as if there is flushing or any additional fine print but even without knowing, there are way too many “GAME-OVER” clauses and more importantly, Trivita is another Health and Wellness company.
Additional Key Thoughts
In today’s day and age, 2013, there are more then 30 million people in the Health and Wellness and those are the people you are competing against. Every few months there is a brand new health and wellness company with the latest product line that are raving about how they have the latest and greatest product that no one else has. You’ll be forever competing with other companies that are arguing that their products are the best You’ll be dealing with other people who are forever saying that your company’s products can’t compete with theirs.
On top of that, ask yourself how many people have heard about your company. If 5 out of 10 people know of it, it’s gotten out there pretty fast. If 9 out of 10 heard of it, it’s too late.
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 designer labels, 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.
Education in products
In most health companies, you have to become half a doctor to be able to effectively sell their products. In GWT, everyone knows what a watch is, jewelry, etc… so it’s SUPER simple. In nutrition, you have to not only become half a doctor, but also you need to train your team on how to become half a doctor. Duplication is key and the longer it takes for someone to learn about their products, the longer the duplication process. And the more learning there is in a system, the more complicated it can become, and you can potentially lose a lot of your team due to this. At GWT, you don’t need to lick a ring to test the products, and if you don’t like one style, we have hundreds more to choose from so everyone finds what they like!
According to the DSA, there are now 30 million people in North American who are in the health and wellness industry. As great as companies can be, if there are too many people competing against you, it’s almost impossible to make those huge incomes as you always wanted. If you had joined these huge companies when they first got started 20 years ago, you’d be in a good situation because there wasn’t that many companies back then in health and wellness. Today, every month or even every week there is the newest latest and greatest health and wellness company. And I’m constantly being approached by these company’s to join them, bring a team over, and they’ll give me some type of joining incentive (cash, inherit a downline, etc..). In summary, if you’re today in a health and wellness company, it’s almost pointless. Even if you establish a huge team, after a few months, when the latest and greatest company comes out, most of your team leaves you and now you’re back to trying to building a brand new team. The industry retention ratio is roughly 10-18% so that means after one year with 100 people, only 10-18 of them are left. It’s exhausting and if that’s the deal in health and wellness companies, then no thank you!