YTB Scam Info YTB Scam
by Showayne | on August 4, 2012
YTB is a network marketing company that offers discount travel services as well as a business opportunity to generate income selling YTB travel.
You’re wise to research the facts where this matter is concerned
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However, there are some very real concerns about starting or participating in a YTB business. In this article we will go through and impartial examination of the pros and cons of doing a pass YTB business, and see if YTB is a great business opportunity … or a big scam.
YTB - The Good
YTB was Lloyed J. Tomer, Scott Tomer and J. Kim Sorensen founded in 2001. Since then they have grown from the ground up to a 122 000 square meter headquarters in Wood River, IL, with over 180 employees.
Its flagship is offering discount travel services and actually a very generous compensation plan, which is already booked their dealers (so-called “Referring Travel Agents”) to 60% of all trips on their websites. YTB is a network marketing business, and also allows the representative to build a downline and money from their sales channel.
Your Travel Biz is a publicly traded company, that there is a degree of control and added responsibility that YTB has meaning to its shareholders. This provides a little more assurance that a company not hide financial information, or is upside down in debt.
YTB - The Bad
The first flag over the establishment of a YTB business is that you are now competing against some of the most powerful internet company in the world. Companies such as Expedia, Orbitz, Hotwire, and Travelocity, to name a few. This is not a bad thing in itself – it simply shows that there is money to be booked in the marketing of travel. The disadvantage is that when marketing on the Internet, says RTA, YTB replicated to the company’s Web site, which fits with each other RTA website to use it.
The RTA may able to drive traffic to the site, but the site itself contains information about the income opportunity, the company, and many other things than just saving money on travel. As the site looks like any other YTB website, the distributor in any way, resulting in low conversion and power to be placed on the website.
YTB - The Ugly
The really painful thing about starting or growing a business YTB is their marketing plan. How many network marketing companies, YTB advocates that you chase your “warm market”, friends and family. They teach their distributors to distribute business cards, flyers, and to publish their magazine to all possible perspectives. They also advocate the use of “3-way calling”, which means simply that instead of closing your own deals with your customers, you will be prompted to complete your upline for you. This technique places the RTA as a gopher for their upline and reduces its credibility as a leader.
Growing a Business YTB can be a great opportunity. They seem to have a good product, but there are many companies that have excellent products, and many people choose to sell the great products never received a penny. There are also plenty of terrible products that millions of dollars in revenue generating (anyone remember the Pet Rock?) The difference is the marketer, and its ability to target their market effectively.
Finally, I would say that starting and developing business opportunities YTB is lucrative if you know how to effectively use good marketing tools and techniques. It is not a scam, but like any business, success is determined by the skill set of the marketer to be determined. YTB is definitely not a lottery ticket or a stock option – meaning you need not just buy in and wait for a payout.
If someone does not have the first clue how to market effectively, then I would suggest they either learn how to be an effective marketer, or just use the travel service, save some money on your next trip.
This article may be freely published on a website as long as it changed in any way including the author bylines and active hyperlinks.
Joshua Fuson is a professional marketer and has marketed dozens of different products and services. He has been involved in the production of more than $ 14 million dollars in network marketing over the past 4 years alone. To find out how you can see the YTB Success Blueprint
To learn more about growing a business YTB, you can download a free YTB Success Blueprint