If you’re reading this YTB travel review, you’re probably considering getting involved with this company. Inside this article, I’m going to share some light with you concerning this business. I’m sure someone may have approached you about this YTB travel business but there’s some things you have to be aware of before you decide to swipe your card.
What’s YTB Travel Anyways?
YTB Travel is a direct sales business that sells travel packages. The company was founded in 2001 by by J. Lloyd “Coach” Tomer, Scott Tomer and Kim Sorensen. The company’s headquarters are in Wood River, Illinois but they also operate in Puerto Rico, the Bahamas, Bermuda and Canada.
If you choose to be a distributor, you only pay $450 dollars for a setup fee then pay $50 bucks monthly to maintain your online travel agency website. You’ll get paid commissions by recruiting new people to the business, in addition to selling travel packages to clients. The majority of commissions come from recruiting people into the business.
Is YTB Travel A Pyramid Scheme?
Unfortunately, YTB Travel has actually been battling lawsuits by being an alleged pyramid scheme business. One of their lawsuits in 2008 claims that 45,000 distributors only made an average of about $90 bucks in 2007 and also of their 200,000 total agents, some 125,000 earned nothing and 37,000 earned under $39. Those numbers are PRETTY SCARY if you ask me and the company took a serious hit with this. However it appears that YTB travel has bounced back and it’s still operating today.
Why So Many People Are NOT Making Much Money With YTB Travel
So it was said that most of the people on top of the pyramid made lots of money, while all of the people in the bottom didn’t make much. Well, the truth is that most reps in YTB travel don’t understand how to market and really form a business. They don’t understand the basic marketing and selling skills that are necessary so that you can build a business.
They’re taught to just get out there and talk with people, chase people around and pest their family and friends, asking them to join a travel membership club. However as with every other business, MARKETING is necessary. Lead generation is necessary. What happens whenever you exhaust your friends and family to talk to? The majority of them just get stuck so they determine that its not for them, therefore they quit. Basically because they run out of leads.
Building this company requires that you learn how to generate leads so you’re able to make more sales and that you learn how to market so that you can be ONLY talking to folks who are considering starting their own business.
So Are People Still Traveling In This Recession?
Absolutely people are still traveling in this economy. After all I was out in Cancun recently for like 5 weeks and I wasn’t alone out there. So YES, folks are still traveling despite the economic crisis and there’s still money that can be made for you in this business. However, you just have to learn the skills necessary to build this business. Once you learn the skills of marketing & lead generation, it doesn’t matter what business you want to build. YTB travel seems to be going on still so you can build this business as well. Remember, most reps will fail simply because they don’t know how to get leads & they don’t know how to market. But that doesn’t have to be YOU.
Article Source: http://www.articlesbase.com/home-business-articles/an-uncensored-ytb-travel-business-review-from-someone-who-didnt-join-5343919.html
About the Author
To Learn Those Lead Generation & Marketing Skills That You MUST Have To Build Your YTB Travel Business Like The PROS, Visit Lee StLouis.com RIGHT NOW!