24 Feb 2008 02:01:17 | Frank Galang
I must admit, when I joined Cyberwize, I did it blindly and the whole lecture that was presented to me was just so jumbled in "word play" that I didn't know what I was even signing up for. I'm sure you can relate to that.
Let me give you a little background of my experience before I explain in simple words how this Multi Level Marketing Scheme works.
There are 3 plans to choose from. All I heard was $99, I would have a "Tracking Position", and I would receive product I could sell, and continue to sell online, without overhead. Sounded really good to me.
Upon singing up, I noticed that the total charge to my credit card was roughly $108, I didn't anticipate shipping charges, but fair is fair, I was to receive products and I should have expected shipping charges for that. Within 12 hours, I received an email showing my order and information to my new website and how to log in. I thought to myself, "Cool, I have my own website!"
This is where it started to get interesting. For $108, I received my own website with its own Shopping Cart System already in place. There's even a shopwize link, http://sandiego.shopwize.com, that gives you Major Retail Online Stores for your customers to shop at (Walmart, Office Depot, Apple, and much more), I receive a commission from any of those online purchases. I even received 2 32oz bottles of "Tunguska Blast", the company's best seller. They also sent me a package of Marketing Materials including product information packets, Business Opportunity brochures, Magazines (including DVD), and even a Receipt Book for any sales I made directly to a customer in my area. Now that's worth the $108 already!
Now the "TRUTH"...
Through no fault of my Sponsor, I joined at the $99 plan. The truth about the $99 plan is this: In the MLM Scheme of things, you do not get to collect residual income from your downline. This plan is designed for someone who simply wants to order Cyberwize products at wholesale rather than at retail from a distributor. I get all the perks of being an Independent Business Owner (IBO), but I sell myself short of collecting Business Volume (BV) from any transactions my downline makes.
"Downline" you ask? What if I don't build a downline? Well, this business is going to grow with or without your efforts. In my first 4 weeks, I had 5 IBO's sign up underneath me. They were signed up by my Upline and placed below me. This is to my Upline's advantage and as a biproduct, an advantage to me.
Why couldn't I collect from my downline? Well, to become an "Active IBO", I needed to have a minimum of 200 PV (Personal Volume; personal purchases/sales). My $99 gave me 25PV at the time. I decided to buy a "show special" (More and better products and marketing materials), it set me back $399, but gave me 200PV which in turn made me an "ACTIVE" IBO.
Now for the "SECOND TO LAST TRUTH ABOUT THE CYBERWIZE STRATEGY".
At this point, I am collecting BV from my downline. Every week, I saw the numbers accumulating. I was getting more and more excited. I checked the chart in my "Online Office". I had roughly 1200BV, that was to equate to $100. With this information, I showed a couple of my friends, they were instantly hooked and joined my sales team that night. 1 of them joined at the $99 Plan (25PV), and the other joined at the $399 plan (200PV). The following week, on a Monday, the ATM/VISA/DEBIT card I received from Cyberwize had a $25 ($99 sign up) and a $50 ($399 sign up) deposit; less $2.50 transaction fee. In short, the two people I sponsored earned me a $72.50 commission on my Visa card. Payday for Cyberwize is every Monday.
So, my $99 signup is not an active IBO, but the guy that signed up at $399 is active.
"THE FINAL TRUTH ABOUT CYBERWIZE"
In order to keep the BV you earned for the month, you need to stay an "ACTIVE IBO", which means, you need to have a monthly 100PV purchased. This is accomplished in 2 possible ways. Either sell enough product to people from your websites to earn you the 100PV, or you can do an autoship purchase of 100PV products. The most efficient product on the list is the 4 Pack of Tunguska Blast at $139.99 + Shipping, can't forget about the shipping. Roughly $150. Now you can earn that back by selling the products when they arrive. You even have the option to use the products, which I am doing, or even use them at "Taste Testing Parties" to introduce people to the product.
"My Personal Summary"
If you are looking to use Cyberwize as your own personal online retail store, it has the potential to make money for you, and the $99 plan would be perfect.
If you are more serious about making money, then I suggest you use Cyberwize as a MLM (Multi Level Marketing) Tool. I see the potential for it to work and is still growing for me. You just need to be aware that it takes a "special someone" and key ingredients. Here is what you need to know before deciding:
- $99 plan is for people who want to sell products online as an online retailer, no MLM benefits.
- $399 plan is cheapest with 1 TP (tracking position) that has an earning limit of $1000 a day. The $1300 plan holds 3 TP's, but will allow you to earn as much as $3000 a day. Choose the one you can afford, but read the next paragraph before you decide.
- Remember, there needs to be an "Auto Shipment" for each TP to earn your BV's (Business Volume). The minimum Auto Shipment will cost you roughly $150 per TP per month. (ie. 1 Tracking position will cost you $150 per month. 3 Tracking positions will cost you $450 a month) Be aware of this information when you make your decision to join.
- The right people. I was fortunate to have sponsored people who are sponsoring other people. This is key, if you can build your people up and trained to the point where they are building-out without your help, this is where you can start to relax and watch the money roll in.
- Finally, remember, you need to build out 2 legs, yes, just like a pyramid. But this pyramid limits you to 2 legs. Unlike other MLM, a member can have 5, 10, or more legs, but that can lead to your sponsor ignoring you after they've earned a commission from signing you up. By only allowing 2 legs, a sponsor has no choice but to put new IBO's beneath you, consequently building out your business even if you are not the direct sponsor. I hope that made sense. Once you have 4 Active IBO's on the right leg AND 2 Active IBO's on the left leg, the BV's (Business Volume) that you've been collecting and sitting on month after month becomes $$$, and by that time, both legs are self-sufficient, continuing to grow, and continuing to send BV in your direction resulting in Residual income.
You may still be paying out $150 - $450 a month on Auto Shipments, but your earning potential will be up to $1000 - $3000 a day, do the math, each month can have from 28 days to 31 days.
"IF ALL OF THIS DIDN'T MAKE SENSE..."
If you want to join, ask yourself this: Can I afford $399 now and $150 a month? Do I know people who are motivated and can afford the same investment?
If your answer is "YES", then you already have what it takes to build your own MLM teams. Your Sponsor will do the rest.
"ONE LAST NOTE"
As an IBO (Independent Business Owner), you are entitled to tax benefits. Your Sign up fee, Autoshipments, car mileage, internet, phone, and even meals purchased for business reasons are all tax write-offs. These benefits include a "Car Bonus" and "Lifestyle Bonus", but that comes much later. When I obtain these bonuses, I'll be able to explain the "HOW" on that topic.
If you are interested, then checkout these links I discussed earlier:
http://sandiego.cyberwize.com
http://sandiego.tblast.com
http://sandiego.healthywize.com
http://sandiego.shopwize.com
About Author :
8 years experience with Computer Consulting. Currently MCP and A+ Certified. For Consultations, go to http://members.cox.net/fgalangjr, for cyberwize information, visit http://sandiego.cyberwize.com