Imagine what you could do if you had more time and extra cash?
What would most people do if they had more time and more funds?
Chances are, with more time and funds, most people would opt for travel, whether on vacation, leisure travel, or on a cruise.
From the records of the WTTC (World Travel and Tourism Council), travel as an industry, tops US$7 trillion a year. This represents one of the largest industries in the world. With such a substantial industry, there are also a growing number of Multi-Level travel businesses.
As a network marketing professional looking to get into the travel industry, how do you choose a business opportunity that’s right for you?
Your ultimate aim is to choose a genuine travel business opportunity that is an ideal fit with your personality. Ideally, you want a travel home business opportunity that makes sense to you and will make you money in the short and long run.
Below, I’ve listed some factors you may find of use when researching a travel business.
Choosing a travel Multi Level organisation and likely sponsor
1. Before you even delve deep into the business, have a look at their website. Does the website look credible? Is there Legitimate contact information on the site? How long is the domain registered for? This in itself can set the tone for the kind of professionalism you can expect when dealing with this company.
2. Find out who the owners of the travel organisation are. Do they have sufficient experience and a proven track record? The long-term growth of a company goes hand-in-hand with good leadership.
3. Is the company a member of any major, credible association, e.g., Better Business Bureau, Direct Selling Association, or a Travel Marketing Association? This is to determine the company’s credibility and dependability.
4. Choose a business with a proven track record of sales; preferably one with increasing sales of travel products or services in the last few years.
5. Of the travel business’s revenue, how much is from travel-related product sales, and how much is from recruiting, if any. If you have the greater part of revenue coming from recruiting, that’s a red flag for you.
6. What percentage of the organisation’s revenue do they give back to reps? You want to get into a company that rewards its agents generously, but also maintains a sound financial base for the long-term survival of the company (for your benefit of course).
7. What are the sign-up fees and inventory requirements? Being in the travel industry, do you have any physical product requirement?
8. How do you break even? What kind of downline composition do you need to be able to break even and get into profit?
9. What kind of systems are in place within the travel business? Who handles orders and processes the payments on behalf of the travel customers?
10. Is the pay plan easy to comprehend? Can you easily explain it to others?
11. Grasp the products or services you will potentially be marketing on behalf of your travel Multilevel organisation. Will you be marketing cruises, vacations, dream trips to dream locations, opportunities for people to become travel agents, or a grouping of these? Knowing this helps you to market your products or services more effectively, and helps you match up the products to the right market.
12. Be one hundred% sure the travel product or service has the potential to add value and enhance people’s lives. Would people buy the travel products or services, if the business opportunity wasn’t attached to them? Would you be interested in the product if you weren’t selling it?
13. Find out about your potential mentor. What do they bring to the table? I do not believe it’s enough to just give you access to a travel MLM business opportunity. What other skills will they teach you? Your success will in a large part depend on your own determination and efforts, as well as your sponsor’s mentorship.
14. Given the economy as it is, the price point will be a key determining factor. However, price point must not compromise the quality of the travel products being sold.
15. Is there a duplicable process? Franchises, such as McDonalds have far greater success than most conventional business because of their proven systems of duplication. Does your travel organisation provide effective and easy-to-use recruiting tools that will allow you to recruit others, as well as help them be successful? Whether marketing online or offline, make sure you have a good duplicable system.
Select a travel network marketing home business opportunity and guide that you feel the most comfortable with. Then find and put into action a proven marketing strategy you’re comfortable with.
Your Travel Biz, GRN, Traverus, Pro Travel Network and Coastal Vacations are some of the many Multilevel travel companies out there. Each of them offers travel-related products & services, and they are all distinctive in their own way. The onus is on you to be choosey. There are, similarly many scams, and you would not want to get conned.