Wednesday, November 28, 2007

How About An "Aha Moment"


Lot's of comments on the math challenged post, and I see now that the sales have somehow been upped to a trillion dollars. Maybe YTB ought to just take over the war on terrorism and help out the country.

Let me talk about the REPS and RTAs for a minute. Reps are the guys that are pushing the program and renting the websites out. RTAs are the ones that are renting the websites and telling everyone within three feet of them to go book on their site. They are two separate businesses as YTB likes to remind us and you can do one, the other or both. But I suspect that most do both! There is no real current data available, so I will use the July data provided by YTB. Please keep in mind, all figures are on commissions--not sales.

REP ANALYSIS

It looks like there were a total of 134,147 reps out there (6,910 non power team leaders, and 6,237 power team leaders) The numbers on the sheets include all the bonuses override commissions and YTB has noted that accordingly.

Non Power Team Reps
  • 6,910 reps earned a total of $489,522 for an average of $70.84 per rep
  • 99.9% of the non power team reps earned less than $1000 in the month of July
  • 73.5% of them earned less than $50.00
  • One tenth of one percent of them earned between $500 and $1000

Power Team Reps (including overriding commissions and bonuses)
  • 6,237 reps earned a total of $6,213,799 for an average of $966.28 per rep
  • 77.6% of the power team reps earned less than $1000 in the month of July
  • 30.3% of them earned less than $50.00
  • 1.5% of them earned over $10,000
So, the lucrid opportunity seems to be within the 1.5% of the people in the program to me. But let's compare this earning to the RTA earnings. And then we can discuss where the money is to be made in this business. I will again say that it is in the recruitment--and even then, it is not all that!

RTA ANALYSIS

It looks like there were a total of 106,102RTAs out there.

July Earnings
  • 17,644 RTAs earned an average of $57.05 for the month (based on commissions of $1,006,512)
  • 83.4% of the RTAs did not earn a penny
  • 16.6% of them earned something but the average was $57.05

Future Earnings
  • 32,720 RTAs can look forward to an average paycheck of $60.93 for their future bookings (based on commissions of $1,966244)
  • 69.2% of the RTAs can look forward to receiving a check for nothing
Now, for a moment, let's assume that we have an average superstar in YTB. He or she is far enough along in the pyramid to be a Rep and an RTA and is earning off of both programs. But in the realm of superstardom, he or she is average. Not a Tom Cruise or Brad Pitt, but a solid Vince Vaughan.

Mr. Average Superstar, on the Rep side, pulled in $996.28 in commission and bonuses for the month of July. These include the override commissions and the dream bonuses as well. But knowing how well travel can pay too, he also performed well on the RTA side. For his efforts, he was rewarded with a check for $57.05.

$996.28 (Rep Compensation)
+$57.05 (RTA Compensation)
$1053.33 TOTAL COMPENSATION FOR JULY 2007

Let's annualize that for a minute and assume all months are equal. That is $12,639.96 (EBIT) in earnings from BOTH programs for a full year. $6.07 per hour!

So where is the opportunity? In the hope that the company will be around for you when it is your turn to sit on the top of the pyramid? How are they moving so forward when at every turn there is another large obstacle in their way. Downplay the IATAN and RCI move all you want. They are big players.

I have the feeling I can provide numbers all day long and the responses will be nothing more than "we will see" and "you are wrong".

So, here it is, I have laid out the income for the average superstar with YTB and to me it looks pretty paltry. I have asked time and time again for someone to provide some convincing proof of earnings but no one has taken me up on it. I wonder why?

39 comments:

  1. John: 'average superstar ' is an oxymoron. It's impossible to deduce any real numbers for individual RTAs or Reps because we don't know how many have been in for how long, nor do we know how many hours they are spending promoting their business, whether it be the travel side or the marketing side. Most probably, very few are working either on a full-time basis, and quite frankly, since you want to base your analysis on the on the averages, an extra $1000 a month is ok for part-time. That $1000 can be life changing for most (like getting a $12,000 a year raise). And the more you work the business, the more rewarding it becomes. That $1000 will grow as your business grows. Thanks for pointing out how YTB is a major advantage for the average! Aha!

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  2. Hey guys.
    Fight all day long about numbers if it makes you feel good.

    Yes the IATAN and RCI are a big deal. As time goes on more rocks will be thrown in the path. I am guessing that the average MLM person does not really care. They believe that if they work hard enough they will become one of the big fish. If they do not make it to the top, then they are not working hard enough. It is about how they view themselves. It is not about travel or soap or makeup. Show me a middle class hard working American that does not want to earn a little extra every month. They do not look at the math. We as a nation live in a cloud of debt. They will be happy to spend $50 a month to earn $100 a month. Who cares if it comes from Aunt Mary booking a cruise or from selling a website lease? In their minds they earned $100 not $50. They do not see the expenses just the profit.

    Look at the average Jo and his taxes. He cheers about how much refund he got this year. Ask him how much he paid and he will tell you he did not pay he got a refund.

    Any accountant knows that 2+2 is anything you want it to be.

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  3. I meant a billoin. You nit pick every typo, don't you???

    ReplyDelete
  4. Proud to be YTB said...
    I meant a billoin. You nit pick every typo, don't you???


    Just like you do, Miss Thing.

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  5. Again, you know absolutely nothing about YTB. How about factoring in the RTAs who don't "recruit", but just sell travel. What about the ones who haven't done anything yet?

    Many still work a 40 hr a week job and can't yet devote 100% of their time to YTB.

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  6. It now appears that "MLMs and Travel: A Bad Mix" has run out of steam since all that can be talked about is just one company's (YTB)compensation plan.

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  7. Well, if they don't recruit, they are taken out of John's REP equation and are earning an average of $57 a month.

    They are not getting any money back or a refund on the site maintenance because they are not recruiting.

    Therefore I would deduce that they are sorely misguided that they are making any money on the business when they are paying $49.95 a month for a $7.09 profit.

    Is it worth the effort for an annual return of $85? So, working full time at this, the average RTA is making .04 an hour? Working part time, say 1 hour a week, that is still only $1.64 cents per hour. One hour a month=$7.08--still below minimum wage.

    But far more RTAs earn less than that. The majority (if the link JOhh put is to be believed) earn nothing.

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  8. I made an interesting observation the other day. I was parked near a Carlson-Wagontrain (sic) travel agency. Inside were 4 or 5 women travel agents closing down and leaving for the night. They all drove off in junk cars. That includes a lady who I believe was the manager. My point is no wonder they hate YTB and the rest of the MLM travel companies. The MLM's are a threat to their ability to buy gas to get their junk cars to their work-place. Like McDonalds, some of the agencies just hire travel flippers and apparently don't pay much for their 8 hour day.

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  9. Run out of steam? Hardly anonymous. The "compensation plan" is only one farce in the whole picture.

    The smart players in this "war" as your spokesman EAB likes to say are Traverus, GTI, and Coastal. They are taking your business away from you and keeping their mouths shut.

    Unfortunately, for YTB, a lot of their stuff (numbers) is out there for everyone to see and analyze. And when you recruit 500 people a day, there is a bottomless pool of morons and idiots that will post inane comments.

    Let me ask you point blank....can YOU personally verify to me that you are making a decent income from your participation in YTB? At this point, I will even open it up to a decent part time income. Is anyone out there making more than say $5000 a year?

    Bring it on.

    ReplyDelete
  10. Regarding your pyramid reference:
    This is not about being on top of the 'pyramid' or how far along you are in the 'pyramid'. There is no 'moving up the pyramid' because there is no pyramid. It's about building your business. It's about how many customers you have and how much you do in sales -- just like any other business -- just like yours. The difference is that part of the sales include sales of websites (or licenses to use websites), and from those websites (or licenses), a Power Team leader gets 10% of the travel commissions generated on that Power Team. As your Power Team grows, bonuses are paid: $1000 for every six, plus $10,000 for every hundred. Like every business, bonuses are incentives, paid upon performance/production.

    John, you say that you have one little travel agency, but if you wanted to open another one, you would have to pay someone to run it because you can't be in two places at once, so you might cut him/her in on a percentage of the net = less $ for you. And if that person generated in excess of $x in travel commissions, you, being the fair person that you are, would likely pay a performance bonus, right? And if that person found someone who wanted to open another agency with your name on it, and paid you thousands for that license, wouldn't you pay a finders fee or additional bonus? Carry that out exponentially, and that's how YTB's marketing compensation works. Not the picture of a pyramid you are trying to paint, but business building. You are insinuating 'illegal pyramid', where a person doesn't get paid until they reach the top. Not so with YTB.

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  11. FAMOUS RTA's IN YTB. THERE ARE SEVERAL MORE THEN WHAT's BELOW!

    Robert Pack Jr. - NBA Formerly Mavericks/Nuggets) & (YTB Director)

    Peter Jensen (PJ) - NFL (YTB Level 5 Director)

    Lou Brock - Baseball - (Former St Louis Cardinals) & (YTB Director)

    Tony Dorsett - NFL

    Jim Brown - NFL

    Ray Norton - NFL

    Dave Grayson - NFL

    James Bonecrusher Smith - (Boxing Heavyweight Champ)

    Kenny Knox - PGA

    A.C. Green - NBA (Former Lakers)

    John Salley - NBA

    Roger Staubach - NFL

    Jim McMahon - NFL

    Rod Smith - NFL (Denver Broncos)

    Roy Rogers - Internationally renowned blues slide guitarist

    David John Thomas - Actor (over 100 films)

    Dan Pastorini - NFL

    Lil' Bow Wow (Rapper/Actor)

    Cedric Ceballos - NBA (Phoenix Suns)

    Baby Face (Singer/Producer)

    Charles Barkley - NBA (Former Phoenix Suns)

    Regina King (Actress)

    Randy White - NFL (Dallas Cowboy)

    Ann Downing (Gospel Singer of the Downings)

    ReplyDelete
  12. It would be nice if YTB or someone could provide a chart, graph, or spreadsheet showing income relative the RTA/Rep's income relative to time in YTB and relative to hours per week spent working the business. Since those figures would be difficult if not impossible to obtain, neither side back up their argument in this match.

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  13. Another Anonymous said:

    "I made an interesting observation the other day. I was parked near a Carlson-Wagontrain (sic) travel agency. Inside were 4 or 5 women travel agents closing down and leaving for the night. They all drove off in junk cars. That includes a lady who I believe was the manager. My point is no wonder they hate YTB and the rest of the MLM travel companies. The MLM's are a threat to their ability to buy gas to get their junk cars to their work-place. Like McDonalds, some of the agencies just hire travel flippers and apparently don't pay much for their 8 hour day."

    Just because someone chooses to drive a "junk" car does not make them poor. I personally have 2 cars with over 100,000 miles on them probably considered junk. I also OWN a house in the Caribbean, rental and investment property in my city and sell travel. What a concept! Some people CHOOSE to put their money in other things besides automobiles which anyone will tell you depreciate the minute you drive off the lot. That just shows how much you YTB types know about financing and money. Absolutely zilch! Yup, we are all jealous of you! NOT~

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  14. Oh I''m impressed - a whole buch of people who got hit in the head one too many times, are part of YTB.

    Oh ant the actors - a profession not known for always attracting the brightest bulbs on the string.

    Celebrity does not buy one intelligence no matter what their sycophants tell them.

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  15. Here is the post again with a correct link.

    How does this NOT spell pyramid?

    YTB Compensation Plan takend from a power point presentation designed by Georgia in the home office for a Rep.

    ReplyDelete
  16. John, seriously, do you know who Mike Reams is? He is a long time professional travel agent that shut down his $80,000 per month overhead agency and joined YTB.

    He has really been a tremendous asset to YTB in that his vast experience in the travel industry is being shared with our associate RTA's.

    You too, John, would be a wonderful person to have in our company. Mike has really made it big in YTB and is a great guy to talk with. I would like you to meet him. I think you two would hit it off nicely! His web site is:

    http://www.mike-thetravelguy.com/

    BTW John, if you and any one in the travel business joins YTB by Dec. 1st, the $500 one time fee is waved! And, when you sponsor your 7th RTA, the $49.95 goes away. I only paid $49.95 for just one month and now my business runs virtually without cost.

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  17. John;

    Travel is not paid to YTB until the Travel has been consumed. YTB can not report any of these bookings on our RTA Report or the SEC filings until we have the commission in hand.

    You’ve been told several times that this is the case, but choose to ignore it.

    Here is a list of Pending Bookings from my back office. These will be reported to TW as sales in 2007 but since we don’t have the commissions in hand YTB can not report any of this revenue until after the travel has been consumed and then paid some time in 2008.

    How can you claim accurate revenue from Travel without knowing how many of us have a list like this?

    01/03/2007 PENDING
    01/05/2007 PENDING
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    01/08/2007 PENDING
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  18. "Just because someone chooses to drive a "junk" car does not make them poor. I personally have 2 cars with over 100,000 miles on them probably considered junk. I also OWN a house in the Caribbean..."

    If you sold that house in the Caribbean, I'll bet you could afford to drive something descent.

    ReplyDelete
  19. If you sold that house in the Caribbean, I'll bet you could afford to drive something descent.


    Stupid comment. Let's see, I am what YTBer's consider a "dinosaur" travel agent. I am 44 years old and semi-retired.

    I have a home that I live in full time, purchased in 2003, paid the morgage off this year. I also have interest in residences and/or real estate in MS, FL, TX, VA, CA, MD, WI (which I am in the mood to divest myself of, if anyone is interested), TN, GA and MA.

    I have a 2006 Toyota truck, that is paid in full and has less than 25,000 miles on it and a 2007 Chrysler mini van with less than 11,000 miles on it, also paid in full.

    I have health insurance to which I make no monthly contributions toward, and 100% coverage on everything from a doctor's office visit to a hospital stay.

    My monthly bills are paid in full every month, and I carry no balances on any credit card: VISA, MC, AMEX or Discover.

    Not bad for a semi-retired "dinosaur" travel agent, who only works 3/4 of my time, just for something to do when I'm bored. How many YTB agents, either part time or full time can say that?

    ReplyDelete
  20. John said, "Here is the post again with a correct link.

    How does this NOT spell pyramid?

    YTB Compensation Plan"


    OK, I'll bite. How does the "plan" NOT spell pyramid? Careful, there may be a little more about the plan then you understand.

    ReplyDelete
  21. Pending bookings---

    That is great that you are pulling it from the YTB back end site. YTB is giving you the information and they are telling you when THEY are going to pay you. I do not doubt that at all.

    What I am saying is that cruises and air are essentially paid when paid not when traveled. So, let's say you have a group booking for travel on March 1, 2008. The final payment is due to Carnival (because it can't be RCCL) right now. Let's say it is a group of 50 cabins at a cost of $1000 a pop. There is $8000 owed in commission to YTB (16%) and you will get 60% of that. Well, YTB is getting that money IMMEDIATELY if they are paying CCL by check. Or if not, they are receiving it by the 2nd week in December. But they are holding it from you till March. And you may see your share in the middle of March. You have now just given YTB an interest free loan for three months. I am sure they thank you.

    Your payment policy is dictated by YTB not the cruise lines. They pay when final payment is made.

    Capiche?

    ReplyDelete
  22. Never heard of Mike The Travel Guy and not surprised. Looks like he is more into selling his DVDs than anything else. His "about me" section says it is coming soon, so I will wait a bit.

    $80,000 a month in overhead is a lot of overhead That is almost a million a year--almost unbelievable some would day.

    ReplyDelete
  23. John;

    We’re well aware that YTB has that number either in hand or coming to them, as shown in part by 92,733 Pending Bookings worth $1,996,244.00 on the July report. Final payments with Carnival, RCCL, Princess, Holland America, and NCL are all 60 days out. Your final payment on the Carnival Cruise in your example (March 1, 2008) would be due January 1 2008.

    Therefore not reported to YTB or to the SEC until Q1 of 2008.

    The point your missing (or simply ignoring) is that there are is a long list of "bookings" that still have money due and will not be reported to the SEC until 2008. They are however reported as Bookings by our suppliers and then to TW. It's the reason you can't get your brain around the last years $226 Million in "verified sales" to work with last years SEC numbers of $7,364,413 in commissions.

    The two don't add up, because the two are reported during two separate years.

    Capiche?

    ReplyDelete
  24. Anon - I'd be concerned if you really have commissions pending as far back as January of 2007?? Something seems a little off to me??

    01/03/2007 PENDING
    01/05/2007 PENDING
    01/05/2007 PENDING
    01/05/2007 PENDING
    01/08/2007 PENDING
    01/15/2007 PENDING
    01/20/2007 PENDING
    01/14/2007 PENDING
    01/15/2007 PENDING
    and the doubts go on and on and on.
    I also wonder why some of the dates are a bit jumbled on your listing. There seems to be a pattern and then boom, a few dates which are certainly "not in order". What an odd list!! Makes one go "hmmmm"???

    ReplyDelete
  25. You might want to list the amounts of the pending commissions, also. That would either fuel the fire, or douse it.

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  26. My point is that YTB is holding on to your money and you have no idea about it!

    I realize that booking dates and travel dates are different and can span accounting periods. But even taking that into consideration, the $226M is a pipe dream.

    We will see in February when the year end results are issued for 2007. If what you are saying is true, the commission received line for YTB for 2007 should be somewhere in the $22M to $30M range. It is reasonable to assume that any travel booked in 2006 will have been completed by the end of 2007.

    No it will not match up exactly, but we will see the end of the year and how much commission was earned in 2007. It will be nowhere near what should be reflected if your $226M in sales is to be believed.

    And Proud...are you trying to fool me by posting anonymously? It's not working.

    ReplyDelete
  27. JF . . . Here's part of a bulletin that was just emailed to RTAs announcing a couple of upcoming travel trade shows. As I mentioned previously, I believe YTB will be addressing the conduct of RTAs having to do with shows and FAM trips. You should be pleased with what you read as this is new language coming from YTB Corporate:

    YTB TRAVEL NETWORK TRADE SHOW GUIDELINES

    VERY IMPORTANT: YOU ARE REPRESENTING YTB!

    TRAVEL TRADE SHOW ATTENDEES
    ARE YOUR PEERS, NOT PROSPECTS.

    Travel Trade Shows are non-solicitation events
    and selling of advertising, products, or services by agent delegates is prohibited.

    Spouses or guests are not permitted unless they are a bona fide home-based
    travel agent. Event management reserves the right to qualify all registrants
    and allow or prohibit anyone from attending the show who does not fit the
    travel agent criteria.

    Dress code is business casual. No t-shirts are permitted, logo or otherwise.
    Please do not wear blue jeans or shorts.

    Professionalism and ethical behavior is expected of all RTAs attending
    Travel Trade Show events. No marketing is permitted by agent delegates. Be sure
    to be respectful of travel suppliers and other attendees. Exhibit a positive attitude towards suppliers and their products. Remember that your behavior is a direct reflection of YTB
    and any infraction of the above policies may harm YTB and your teammates.
    Violations will be addressed by YTB Corporate.

    Thank you to everyone for your cooperation as we strive to become the
    largest travel agency in the world!

    (I just HAD to leave that last paragraph there!)

    ReplyDelete
  28. Anonymous: Herein lies the biggest problem trying to recruit from the ranks of the conventional travel business.

    They cannot get their minds around the concept. Since they cannot, it's impossible for them to understand, using old experinces and conventional data.

    As soon as it doesn't make sense, they give up in anger and dispare. It just has to be a scam, illegal, a scheme. Where's my dang card?

    "you too, John, would be a wonderful person to have in our company" Good Try.

    First of all...You cannot anonymously recruit someone.

    Just from the banter we've had going off and on...he's going to want to know who recruited him.

    Network Marketing is about a lot of folks doing a little each. If that's all you do, that's all you make. Now hold on to your travel hats...cause your not going to believe this either.

    To be successful in it, like everything, you have to work, maybe harder than you would have to in convential travel, at least at first.

    That's why it's especially insulting to us to be treated as you do. Perhaps you can see the other side of your argument.

    However, if the payplan is right, like this one, for instance, those willing to do a lot for a while, can earn substancial livings...

    We are not allowed to show checks, by law, or make income claims. I can tell you this information is available on our companies newsletters, and I have seen the figures and met some of the folks.

    John, I do not kid you here, when I tell you, the income our top leaders are earning in your once exclusive club, after, in some cases, just a couple of years, even when we were not really as well known, or going into momentum like we are beginning too now.

    THE INCOMEs WILL MAKE YOU ILL...

    Again,
    I'm afraid you will not be able to put your mind around it.

    Ainsworth..you've done pretty good..but that goes for you too!
    Are you sure your not John's alter-ego or something. Mild mannered travel columnist by day, (smart-ass, now don't be offended, just ment as a joke, poster and travel
    warrior by night?

    But I'm not in it for the money anymore, only just to mess with you guys, which is costing me money. Smile

    RobertsResorts.Net

    ReplyDelete
  29. Inanne;

    I have bookings dating back to 2006 that won’t be taken until 2008. Two Anniversaries’ and one Family Reunion for a Grandmothers 80th Birthday. My clients either like to plan ahead or budget which is smart IMHO. Its how I do it, and don’t have to pay interest when the credit card comes in.

    Here is a group for April 2009 It’s been up for months and already has deposits.

    It seems odd to me that because I’m involved with YTB I can’t be trusted. Yet your word is good as gold isn’t it?

    Interesting, considering you know nothing about me.

    I simply copied and pasted a report of all pending bookings for 2007. Earnings would be nice but are not relevant to the point that these bookings are made, just not paid.

    I value my status with YTB and it's not only against company policy, but against Federal and State Laws.

    John,

    If YTB would like to make a little interest for 60 days, I have no problem with that, nor was I unaware. They do all my checks and balances for me and insure timely payment after the travel has been consumed. You might be a little anxious about the issue, but I have regular commissions coming in month after month, so it makes little difference about a short 60 day delay. I don’t live paycheck to paycheck.

    TW quoted Kim Sorensen on Oct. 24th that $226 Million are “verified sales”. Ignoring documentation of this sort doesn’t make it a pipe dream. It does beg the question that there might be something illegal in the pipe your smoking.

    ReplyDelete
  30. LB--

    That is FANTASTIC! Thanks for sharing. I hope that YTB will take it seriously and enforce it. I will withhold judgement till I see it based on the post immediately below yours. As Independent Reps, YTB really has no real mean to control one's behavior except in their own events.

    But that is fantastic news!

    ReplyDelete
  31. To recruit John...it's going to have to be someone really sharp, experienced, well-read, a great writer. Someone John can relate too, who thinks and acts like him.

    IB danged if I see anyone like that here.

    Gotta Go. Best ....

    ReplyDelete
  32. Earl,

    Been there, done that. Been involved in MLM's, a few of them. Too much work for too little return - and too much dependency on your network to be there to feed your own income.

    Its not brain surgery - its not difficult to wrap your mind around - its building your business from the combined effort of others, plain and simple.

    If your network becomes de-motivated, you need to fill in for those who quit - try to recruit. Too much recruiting for my taste - just to try and develop residual income.

    I've lost friends, good friends, who just wouldn't take "no" for an answer - who tried to recruit me. I know others who have too. Unfortunately, this gives me a bias towards those involved in any MLM business.

    Personally, I'd rather put 100% of my time and effort into my own business, optimize my web sites, my marketing and my relationships with clients and take 100% of the profits and 100% of the risks.

    Every MLM person I have known has been looking for the easy way to riches, instead of doing things directly for themselves.

    I've also found that it gives them a scapegoat when things fail, instead of taking the personal responsibility.

    I am not saying this is true of all involved in network marketing, just those that I have been personally involved with.

    ReplyDelete
  33. The only thing that is against the law regarding revealing income is making claims of income that cannot be substantiated. It is not against the law to reveal actual earnings, which is what John is asking for.

    ReplyDelete
  34. And the income claims apply to representatives of the business that are recruiting. RTAs do not recruit. I could care less what the REPS make, I want to know how much someone selling travel makes.

    ReplyDelete
  35. Earl, I can guarantee you that John Frenaye and I are two totally different people. He lives in Maryland, in the frigid north, and I live in the sunny, warm south.

    He has gray hair, I have a full head of brown hair and a goatee and wear glasses. If I knew how to put a picture of myself on my postings I would be glad to, but I don't know how.

    I only listed what I have accomplished and what I have at such a young age because one of your cohorts felt the need to point out that traditional agents don't make any money compared to YTB or any MLM travel company.

    ReplyDelete
  36. Ah, at least I figured out how to get my first name listed instead of my last name!

    ReplyDelete
  37. RTAs don't recruit??? A lot of us do... or did.

    What was the other question? Ah... commissions. It's not YTB that tells us when we get paid. it's the vendors. Commissions can't be paid until after the clients complete their trips. If it's paid before, and some clients cancel... then what? The vendors would be out of the money from the bookings.

    Only if the money is NOT refundable to the clients are the commissions paid up front. In this case, the client's receipt, ticket, e-mail confirmation will sau "NON REFUNDALE"

    ReplyDelete
  38. And for the record... I've said this many times... mainly to John:
    I'M A GUY!!! Not a woman!!! LOL!!!

    Maybe I should have put my name as "Mr. Proud to be YTB".

    Now that we have that straightened out, back to the topic. :)

    ReplyDelete
  39. Mr. Proud--I know I said I would not respond to you any longer, but again, you are not hearing what I am saying.

    RTAs do not recruit. If they recruit, they are REPS. Yes, a lot are both, but YTB has two separate programs...right?

    Now on that commission deal....when final payment is made, the client is under full penalty so it is safe to pay the commission. The client is NOT entitled to any refund if canceled. If they do cancel for a covered reason and have insurance, they may be able to recover some or all of the money lost, but the cruise line is whole and your commission ought to be protected.

    What I am saying is that cruise lines all pay commission upon final payment which is 60 to 90 days BEFORE travel. It is YTB's decision to hold onto it till after travel. I suspect that is in case the client has some issue related to the RTA and that way, YTB has your money to appease the client if needed. Similarly, airlines are paid within 10 business days of booking. Packaged vacations are after travel as are hotel and car bookings.

    ReplyDelete