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[willie robertson Contribution Level: 4]

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You are now responsible for your own merchant account. That means it's in your bank account and you control the flow of the money, for the most part.

You have to be smart and manage this new business power responsibly.

If you don't, if you let it get away from you, again speaking from 1st hand experience,
it can get ugly real fast.

Anyone with experience in merchant accounts will tell you that is not an easy battle to win.

Here are some crucial elements you must manage:
1. Keep impeccable records.
2. Maintain a 10-15% reserve in your account at all times.
3. Make sure your refund policies are 100% conspicuous to your customers, and if possible initiate a function that requires them to acknowledge they have not only read it, but they 100% agree to it.
4. If possible, get it in writing.

Always remember, there's no system on the planet that will MAKE you successful.
Your effort and dedication to your own success is all that counts.

No matter how "duplicable" a system may be, don't blame someone else if it doesn't work for you, the way it has for them. You aren't them ... You Have To Create Your Own Success and Write Your Own Story.

Outside of that, I hope everyone sees great results and success.

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Amen to that Richard.

After being on an EN webinar, once I heard about the merchant account, I was done. Been there and done that in very recent days. Not fun.

(Great points too Adam.)

My views is - it doesn't matter what company you're in. It doesn't matter how big a payout is, and commission because....

If one's knowledge, skill is not there - AND they haven't done good so far with what they got 'ALREADY'; guess what? -Their in for a very big surprise. The same that has bitten majority of networkers who keep jumping from one company to another.

Focus on mastering your skills, in sales and marketing, and no matter what company; the person will succeed anyway.

I've got nothing but mad respect for David Wood, but as with any venture, you probably will make money, if you can find another sucker, I mean person, to join in with you. That's the key with EN and any other venture, getting others to come in with you.

[Mario Sanders Company: Life Force International Contribution Level: 6]

Thanks Juanita. I enjoyed your video explaning the Empowered Networker. This has to be another valuable tool to add to a business.

[Chris McCann Contribution Level: 1]

Thanks for answering Perig.

Just so I'm 100% clear could you answer my earlier question:

I'm enrolled at $625 and I enroll Bob for $625 as my 1st sale. I get paid $625.

I then enroll Mary for $625 as my 2nd sale. My sponsor gets paid $625 (assuming he's enrolled at $625).

Mary (my 2nd enrollment) then enrolls Suzie for $625 as her 1st sale. Mary gets paid $625.

Mary (my 2nd enrollment) then enrolls Timmy for $625 as her 2nd sale. Who gets the $625 on that sale (me or my sponsor)?

Timmy enrolls Frank for $625 as his 1st sale. Timmy gets the $625.

Timmy enrolls Laura for $625 as his 2nd sale. Who gets the $625 on that sale (Mary, Me, or my sponsor)?

[Kurt Henninger Company: Shaklee Corporation Contribution Level: 5]

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Be Prepared For Credit Card Charge Backs.

The reality is, it doesn't matter that the company "officially" has a no refund policy.
Any customer can dispute a charge and initiate a charge back.
Whether it happens or not, be prepared for it.

In this case it is especially worth talking about because you just stepped into a different level of business than you may be accustomed to. You are now responsible for your own merchant account. That means it's in your bank account and you control the flow of the money, for the most part.

You have to be smart and manage this new business power responsibly.
If you don't, if you let it get away from you, again speaking from 1st hand experience,
it can get ugly real fast.

In the marketing space refund rates can be as high as 15% or more for digital goods.
Of course that's on the high end and absolutely depends on the quality of your customer base as well as the quality of your products.

But like I said, be prepared for it.
I've processed several million dollars through my businesses over the years, using private merchant services just as is being offered in this product. I've gone toe to toe with American Express customers on $10,000+ purchases - AND WON. Anyone with experience in merchant accounts will tell you that is not an easy battle to win.

Here are some crucial elements you must manage:
1. Keep impeccable records.
2. Maintain a 10-15% reserve in your account at all times.
3. Make sure your refund policies are 100% conspicuous to your customers, and if possible initiate a function that requires them to acknowledge they have not only read it, but they 100% agree to it.
4. If possible, get it in writing.


Always remember, there's no system on the planet that will MAKE you successful.
Your effort and dedication to your own success is all that counts.

No matter how "duplicable" a system may be, don't blame someone else if it doesn't work for you, the way it has for them. You aren't them ... You Have To Create Your Own Success and Write Your Own Story.

Outside of that, I hope everyone sees great results and success.

.
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Hey folks, Kurt here....been a LONG time since I've commented at BN, but the buzz around this new affiliate program/product/opportunity has been interesting to see to say the least.

Richard is dead on here about chargebacks.

When you are dealing with your own merchant account, it is a completely different ballgame than being an affiliate. Essentially you are re-selling someone elses product, which is cool, as long as you understand that. I imagine most that are getting involved here have never managed a merchant account here, so I wanted to relate my own experiences over the years.

Lots of chargebacks and your merchant account can get shut down.....i've seen it many many times in the IM world over the years and then you are !@#$#@ to be quite honest.

Just a thought when you are tying your merchant account together with product promises and product fulfillment into another persons hands and reputation.

Particularly with any kind of continuity program, you are bound to get them...people will claim they didn't know it was a monthly charge, it wasn't clear, etc.

Not to be an alarmist, just inform here who haven't dealt with merchant accounts.

I do wish those who participate in this the best of luck with it though, and lots of success.

[Harry Fassett Contribution Level: 4]

Question: Who is benefiting from Affiliates/Neworkers setting up a merchant account? Is it EN? If so, that's another incentive for them to get you enrolled and it looks like an upsell right off the bat to me if that is the case, because EN is going to make a bundle off of MA monthly fees even though it may be a very small percentage. Answer anybody?

[Perig Vennetier Company: Numis Network Contribution Level: 3]

Thanks for answering Perig.

Just so I'm 100% clear could you answer my earlier question:

I'm enrolled at $625 and I enroll Bob for $625 as my 1st sale. I get paid $625.

I then enroll Mary for $625 as my 2nd sale. My sponsor gets paid $625 (assuming he's enrolled at $625).

Mary (my 2nd enrollment) then enrolls Suzie for $625 as her 1st sale. Mary gets paid $625.

Yep, so far so good

Mary (my 2nd enrollment) then enrolls Timmy for $625 as her 2nd sale. Who gets the $625 on that sale (me or my sponsor)?

I apologize for the people who seen this before today (11/12) as my answer was actually incorrect. Your #2,4,6 and every five (like Mary) is totally given away to your sponsor so all their #2,4,6 and every five are also given away to your sponsor.

Timmy enrolls Frank for $625 as his 1st sale. Timmy gets the $625.

Timmy enrolls Laura for $625 as his 2nd sale. Who gets the $625 on that sale (Mary, Me, or my sponsor)?

Your sponsor does because all the #2,4,6's are in your sponsor's "powerline".

See it the other way and look at who you will receive when you help your team duplicate:
Your #1 you get the money (true for all the people that stick with you 3,5,7,8,9,10,12,etc.)
Your #1's #2-4-6-11-etc., are passed to you and you get the money
Your #1's #2-4-6-11-etc.'s #2-4-6-11,etc. are passed to you and you get the money
etc.

It's an exponential growth when your team duplicate.

[Perig Vennetier Company: Numis Network Contribution Level: 3]

Question: Who is benefiting from Affiliates/Neworkers setting up a merchant account? Is it EN? If so, that's another incentive for them to get you enrolled and it looks like an upsell right off the bat to me if that is the case, because EN is going to make a bundle off of MA monthly fees even though it may be a very small percentage. Answer anybody?

Hey Harry, as far as I know, those merchant accounts are handled by 3rd party, reputable providers not associated with EN.

[Chris McCann Contribution Level: 1]

The merchant accounts are definitely handled by reputable providers (i.e. First Data).

However, it's rumored that the independent sales people they use to setup these accounts are paying commissions back. I don't know for sure whether this is true or not, but if I had to guess it probably is. Some people have a problem with this and some people don't.

I personally believe if a commission is being paid back then ultimately we as the customer are paying higher rates or monthly fees to subsidize that commission. If it's disclosed upfront that a commission is being paid then I don't have a problem with it.

[Harry Fassett Contribution Level: 4]

Just curious Robert, what's the attrition rate for each company too? Please post. Thanks.

Hello! You all!
Sorry for the large post...but I am pretty sure you all will forgive me for what is involved :

YOU MUST FOCUS IN THE BIG PLAYERS...at least that is my humble opinion:

mlm opportunity
The Best Internet Resource for Ranking MLM and Home Business Opportunities by Public Interest
Top MLM Companies
MLM / Home Based Business Popularity Top Gainers

Based on percentage increase in our last sampling period.

# 1 Talk Fusion
132.98% Gain

# 2 Javita
116.08% Gain

# 3 Rexair, Inc
112.00% Gain

# 4 ViSalus
99.77% Gain

# 5 Jordan Essentials
93.06% Gain

# 6 Wealth Masters International
81.57% Gain

# 7 VIVIANE
77.77% Gain

# 8 Youngevity
73.76% Gain

# 9 SISEL International
69.29% Gain

# 10 Genesis Pure
68.30% Gain

# 11 Southern Living at Home
64.05% Gain

# 12 Lifes Abundance
63.40% Gain

# 13 Numis Network
62.16% Gain

# 14 LifeMax
59.75% Gain

# 15 ENRICH INTERNATIONAL
57.25% Gain

# 16 MyVideoTalk
53.74% Gain

# 17 Jewel Kade
50.15% Gain

# 18 Vitamark International
49.43% Gain

# 19 SoulPurpose
46.44% Gain

# 20 AGLOCO
46.15% Gain

# 21 Lightyear Wireless
44.12% Gain

# 22 Life Force International
43.59% Gain

# 23 Nikken, Inc.
41.48% Gain

# 24 Nutrition for Life International
40.79% Gain

# 25 Bellamora
40.33% Gain

# 26 Princess House
39.94% Gain

# 27 Rena Ware International
39.91% Gain

# 28 Global Health Trax
37.66% Gain

# 29 cPRIME
36.49% Gain

# 30 AliveMax
35.32% Gain

# 31 AtHome America
34.49% Gain

# 32 isXPERIA
34.36% Gain

# 33 Watkins
33.27% Gain

# 34 AmeriSciences
33.12% Gain

# 35 Zija International
32.67% Gain

# 36 WorldVentures
31.83% Gain

# 37 LifePath Unlimited
31.75% Gain

# 38 Yipiz
31.33% Gain

# 39 CELL TECH
31.08% Gain

# 40 YTBTravel
30.80% Gain

# 41 Omnitrition International, Inc.
30.63% Gain

# 42 Acai Plus
29.82% Gain

# 43 Gold Canyon Candle Co
29.75% Gain

# 44 Vorwerk USA
29.56% Gain

# 45 Wela
29.26% Gain

# 46 Passion Parties
28.63% Gain

# 47 Jusuru
28.45% Gain

# 48 Vemma
28.08% Gain

# 49 PartyLite
27.58% Gain

# 50 Nature's Sunshine Products
27.20% Gain

Be well,

Roger Aburto
P.S. Ohh yeah...if you want to jump in with the leaders yes the #1...yes Talk Fusion PM me and will help you to get in the right track

[Harry Fassett Contribution Level: 4]

Just curious Roger, what's the attrition rate, and excelleration over say a few months for each Company too. Please provide those stats also. Thanks.

Hello! You all!
Sorry for the large post...but I am pretty sure you all will forgive me for what is involved :

YOU MUST FOCUS IN THE BIG PLAYERS...at least that is my humble opinion:

mlm opportunity
The Best Internet Resource for Ranking MLM and Home Business Opportunities by Public Interest
Top MLM Companies
MLM / Home Based Business Popularity Top Gainers

Based on percentage increase in our last sampling period.

# 1 Talk Fusion
132.98% Gain

# 2 Javita
116.08% Gain

# 3 Rexair, Inc
112.00% Gain

# 4 ViSalus
99.77% Gain

# 5 Jordan Essentials
93.06% Gain

# 6 Wealth Masters International
81.57% Gain

# 7 VIVIANE
77.77% Gain

# 8 Youngevity
73.76% Gain

# 9 SISEL International
69.29% Gain

# 10 Genesis Pure
68.30% Gain

# 11 Southern Living at Home
64.05% Gain

# 12 Lifes Abundance
63.40% Gain

# 13 Numis Network
62.16% Gain

# 14 LifeMax
59.75% Gain

# 15 ENRICH INTERNATIONAL
57.25% Gain

# 16 MyVideoTalk
53.74% Gain

# 17 Jewel Kade
50.15% Gain

# 18 Vitamark International
49.43% Gain

# 19 SoulPurpose
46.44% Gain

# 20 AGLOCO
46.15% Gain

# 21 Lightyear Wireless
44.12% Gain

# 22 Life Force International
43.59% Gain

# 23 Nikken, Inc.
41.48% Gain

# 24 Nutrition for Life International
40.79% Gain

# 25 Bellamora
40.33% Gain

# 26 Princess House
39.94% Gain

# 27 Rena Ware International
39.91% Gain

# 28 Global Health Trax
37.66% Gain

# 29 cPRIME
36.49% Gain

# 30 AliveMax
35.32% Gain

# 31 AtHome America
34.49% Gain

# 32 isXPERIA
34.36% Gain

# 33 Watkins
33.27% Gain

# 34 AmeriSciences
33.12% Gain

# 35 Zija International
32.67% Gain

# 36 WorldVentures
31.83% Gain

# 37 LifePath Unlimited
31.75% Gain

# 38 Yipiz
31.33% Gain

# 39 CELL TECH
31.08% Gain

# 40 YTBTravel
30.80% Gain

# 41 Omnitrition International, Inc.
30.63% Gain

# 42 Acai Plus
29.82% Gain

# 43 Gold Canyon Candle Co
29.75% Gain

# 44 Vorwerk USA
29.56% Gain

# 45 Wela
29.26% Gain

# 46 Passion Parties
28.63% Gain

# 47 Jusuru
28.45% Gain

# 48 Vemma
28.08% Gain

# 49 PartyLite
27.58% Gain

# 50 Nature's Sunshine Products
27.20% Gain

Be well,

Roger Aburto
P.S. Ohh yeah...if you want to jump in with the leaders yes the #1...yes Talk Fusion PM me and will help you to get in the right track