subject: Customers, Cars And Compensation: An Overview Of The Fortune Hi-tech Marketing Compensation Plan [print this page] One of the criteria used in choosing a home based business opportunity is the compensation plan for the company. This article will examine the Fortune Hi-Tech Marketing compensation plan and how to make money in FHTM. This should help you to determine whether or not Fortune Hi-Tech is a good fit for you.
As a representative of FHTM, you can earn 2-20% commissions on goods and services sold to customers. There is a $100 bonus paid out when a representative recruits another business builder into Fortune. When you generate new customers, you will earn a 2% Customer Generated Usage (CGU) commission for as long as they remain a customer.
Having good customer points is essential. You will be expected to maintain a certain level of customer points in order to receive compensation. In order to reach the first level ('Manager') you will have to earn 3 customer points.
After you become a Manager, the next rank is Regional Sales Manager. To qualify for this next level, you need to have collected seven additional customer points so that you now have a total of TEN customer points.
Ideally these customer points will come from selling your products and services to your customers. However, if necessary, you can earn points by buying them yourself. The FHTM compensation plan does not differentiate between the two.
The key to making a substantial income with FHTM, or any MLM opportunity for that matter, is to create an organization of hundreds or even thousands of customers over time. This is how stable residual income checks are created.
Additional Ways to Make Income with Fortune Hi-Tech Marketing
You can also find work as a trainer or coach. While there is an initial fee of $299, you will make $40 for each person you give FHTM training. If you go up in rank, that will increase to $80 per person. Anyone who attends certified regional training (or CRT) will continue to receive $80 for each representative they train in their own organization.
For all the car lovers out there, FHTM has a platinum car program that will let you earn a brand-new Lexus every three years. Unlike many other companies, you will be paid every week, rather than once a month. Furthermore, this compensation plan pays for unlimited levels.
There is a risk that your representatives will leave to create their own teams. Experts disagree on how often this happens; some say that it's a likely outcome, while others disagree. Ultimately, this will be between you and your sponsor.
