Though there may be different reasons why people choose to work, GETTING PAID will be the most important reason.
So it makes sense that, when you are deciding which of the many available opportunities to choose, that part of your evaluation process will consider the payment, or commission scheme in place.
It can seem a bit daunting, trying to work out how long it will take you to get from Level A to Level X and what it all means in terms of money - but focus on a few simple questions and you can cut through the mumbo-jumbo.
1. What will you get paid for?
2. How much will you get paid?
3. When will you get paid?
4. How will you get paid?
What will you get paid for? Surprisingly enough, this is a (slightly) more important question than "how much?" Having satisfied yourself that you're getting paid for moving a genuine product or service, you can now focus on how much you'll be earning. Obviously you want to make as much as you can - but how much is enough will depend upon the type of product you're going to be marketing.
If you're selling relatively high price items and getting paid for the sale alone, then you will want a fairly high percentage as commission. A minimum of 25% would be reasonable and 50% is not out of the question for some types of product.
If, on the other hand, you're promoting something which will bring you a genuine residual income month after month then you might be happier to settle for a reasonable signup bonus followed by a relatively small percentage of the monthly fee thereafter. If you're confident that you offer a good value product that people will continue to use month after month, year in, year out, then you can accept a much lower percentage of the takings. In the long run you will make more money per customer and you may also find it easier to get customers who have to shell out a relatively small amount of money up front followed by ongoing monthly rental or leasing fees.
When will you get paid?You should get paid pretty quickly after the customer has paid the company you're working with. Payment processing on the internet is very rapid and you should be paid once a month, no more than a month in arrears.
How will you get paid?In an ideal world, you should receive your monthly commission directly into your bank account paid in your local currency. If this isn't possible, payment in dollars is the next best thing.You'll avoid disappointment and might just find the ideal business for you.
So it makes sense that, when you are deciding which of the many available opportunities to choose, that part of your evaluation process will consider the payment, or commission scheme in place.
It can seem a bit daunting, trying to work out how long it will take you to get from Level A to Level X and what it all means in terms of money - but focus on a few simple questions and you can cut through the mumbo-jumbo.
1. What will you get paid for?
2. How much will you get paid?
3. When will you get paid?
4. How will you get paid?
What will you get paid for? Surprisingly enough, this is a (slightly) more important question than "how much?" Having satisfied yourself that you're getting paid for moving a genuine product or service, you can now focus on how much you'll be earning. Obviously you want to make as much as you can - but how much is enough will depend upon the type of product you're going to be marketing.
If you're selling relatively high price items and getting paid for the sale alone, then you will want a fairly high percentage as commission. A minimum of 25% would be reasonable and 50% is not out of the question for some types of product.
If, on the other hand, you're promoting something which will bring you a genuine residual income month after month then you might be happier to settle for a reasonable signup bonus followed by a relatively small percentage of the monthly fee thereafter. If you're confident that you offer a good value product that people will continue to use month after month, year in, year out, then you can accept a much lower percentage of the takings. In the long run you will make more money per customer and you may also find it easier to get customers who have to shell out a relatively small amount of money up front followed by ongoing monthly rental or leasing fees.
When will you get paid?You should get paid pretty quickly after the customer has paid the company you're working with. Payment processing on the internet is very rapid and you should be paid once a month, no more than a month in arrears.
How will you get paid?In an ideal world, you should receive your monthly commission directly into your bank account paid in your local currency. If this isn't possible, payment in dollars is the next best thing.You'll avoid disappointment and might just find the ideal business for you.
