|
Xango opened its
doors for business in November
2002 and by the end of its 8th
month in business, was
completely debt free. By the end
of its first year, Xango had
achieved an impressive $50
Million in sales.
This is mainly due to the large
front end purchases many
distributors are encouraged to
purchase. The management is
solid and has solid industry
experience that many gained
while at a company called
Morinda.
MLM
Watch Dog
reported that Morinda filed a
lawsuit against Xango for
Torturous Interference, and
shortly thereafter Xango filed a
countersuit against Morinda.
Ill post more as more court
papers become available.
Xango
distributors have used a third
party marketing company for
sales literature which has
allowed them to go further
making product claims than other
companies have let happen in the
past. However the pressure made
other companies reverse their
opinion and let their reps use
those materials as long as they
have nothing to do with it. So
now Xango, Noni and Life
Force distributors will all be
using sales literature from the
same company. Basically the
sales aides focus on ingredients
and do not mention the company
or product in the actual text.
Many companies have are now
following that marketing method.
Many
Xango distributors have reported to me
(while trying to sign me up in
Xango) that with a 5% commission
on 6 levels- many distributors
will need well over 20 members
to reach break even. After
5,000 in volume they say the
plan pays well. This means the
compensation plan is geared more
for the hitter than the little
guy. To really make money you
would need to be on $200 auto
ship and receive 8 bottles a
month. One distributor site
reported that the average
distributor made roughly 11%
commissions on group volume the
first 10 months the company was
in business. That means if you
had 2,000 in volume you would
have made roughly $211. Thats
unless youre a hitter, he
said, and can produce 5,000 in
volume, then your commission
jumps to 25% and goes up from
there with leadership pools etc.
I'm not sure if what he said
was true but is really
meaningless and the big incomes
at the top always make any
company "average" income
meaningless.
It's
interesting that most companies
have a adopted a wave 4
compensation plan in the last
few years; meaning a new
distributor gets the majority of
the retail commissions and can
get in profit by helping only 4
or 5 people. The way the
Xango
Distributor plan is set up it appears the
new person would need at least
20 people (5%) to break even-
that is if they don't qualify
for all the over rides and
bonuses that the hitters qualify
for.
Xango is a good, solid,
record breaking company. You will find some people stayed
away from Xango in the early days because of the legal turmoil,
but today Xango is one of the best for a new distributor in
regards to the marketing and the opportunity..
Namaste,
Chris Tinney
[Profile] [Blog]
[Pictures]
Law
of
Attraction
<<<
World
Tour!
Home Based Business Ideas!
More Home Based Business Links:
Spiritual Marketing
|
