Recently Yevo -- which provides affordable, convenient, and nutrient dense foods through a sharing program -- announced an overhaul to its compensation plan. Previous developed by traditional MLM thinkers, they came up with a predictably complex structure that rewarded big builders and early adopters, leaving others with the scraps from earnings.
But their change turned all that on its head, and I love it. They did away with start-up fees and big purchases when getting started, and they completely simplified the plan. While there is still an OPTION for those who want to build DEEP (many levels of referrals), the default is now completely simple:
1) Earn 20% on your direct sales. Making this an incredible affiliate program regardless of anything else.
2) Earn 10% on the sales your referrals make, and 5% on the sales made by those people. Three total levels of referrals, and that's it.
There are some other details (like earning free food, donating to charity, etc.) that I've outlined on my site dedicated to Yevo's program, but this blog is about another breakthrough by Yevo: an honest earnings calculator.
If you've been around the referral industry for long, you know that your potential earnings are often described as "Get three referrals who get three referrals and so on ... and this is what you'll earn." Which is fine because those ARE the mechanics of most plans. But it's not the REALITY of most plans.
When it comes down to suggesting how much someone might REALLY make by referring something, you have to take into account how many of your referrals will just be customers and how many will actually make more referrals. You also need to take into account attrition, or people dropping out of the program; and accounting for how long before they drop out on average.
Yevo's new earnings calculator not only takes those things into account, but it also lays the earnings out on a 3-year timeline -- which is exactly how I tell people to think about earning from a referral business. If they want to really build a successful business, they cannot jump from business to business. They need to commit themselves to sharing a message long-term, which means really believing in something before getting started.
This is why I've settled into Yevo and just one other program, whose goal is to save people money on their everyday shopping. To me, the two are complementary. The one tries to make nutritious meals affordable; the other tries to make everything more affordable. And both avoid the traps that are common to MLM. To me, most MLM companies fail because they don't offer a great value compared to the rest of the world.
Yevo, on the other hand, offers meals on price par with a quality frozen meal, yet packs in the nutrition that fill your body with more than just calories. Which is why I eat meals from Yevo every day.
If you're interested to explore what Yevo offers, click here so that, if you join, you'll join my team and will have access to my help on any questions you may have about marketing online. That is something I do for a living, and I'll be glad to get you answers.
I'm an author and professional writer / marketer with an interest in gathering teams of those who want to learn, grow progressive businesses, have fun, and make a difference.