Thursday, December 13, 2007

Jaguar Marketing Business Model

 
 
 

Jaguar Marketing Business Model

 

Jaguar Marketing fits within the corporate business model of fortune 500 companies. The one up compensation plan has been used by Insurance Companies for years and is an accepted business practice. While Jag is not a franchise per se, it more closely resembles the business model of a franchise in that the brand is established and training is provided. What exactly is Jaguar Marketing? Firstly and foremost it's the best Internet education available on Google today. Many successful business professionals have purchased the training and been able to save thousands of dollars on lead generation and advertising alone.

It has been said by the uninformed that Jaguar is an MLM company, Wikipedia's definition clearly dispels that myth.

Multi-level marketing (MLM, now sometimes called network marketing) is a business model that combines direct marketing with franchising.

Multi-level marketing businesses function by enrolling unsalaried salespeople (also called by MLM companies as Distributors, Independent Business Owners, Franchise Owners, Sales Consultants, Consultants, Independant Agents, etc...) to sell products and meanwhile earn additional sales commissions based on the sales of people enrolled into their downline, an organization of people that includes direct recruits, recruits' recruits and so on. This arrangement is similar to franchise arrangements where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager. There can be multiple levels of people receiving royalties from one person's sales.

Multi-level marketing has an image problem due to the fact that it is often difficult to distinguish MLMs from illegal pyramid or Ponzi schemes. MLM businesses operate in the United States in all 50 states and in more than 100 other countries, and new businesses may use terms like "affiliate marketing" or "home-based business franchising". However, many pyramid schemes try to present themselves as legitimate MLM businesses.

In the most legitimate MLM companies, commissions are earned only on sales of the company's products or services. No money may be earned from recruiting alone ("sign-up fees"), though money earned from the sales of members recruited is one attraction of MLM arrangements. If participants are paid primarily from money received from new recruits, or if they are required to buy more product than they are likely to sell, then the company is a pyramid or Ponzi scheme, which is illegal in most countries.

New salespeople may be required to pay for their own training and marketing materials, or to buy a significant amount of inventory. A commonly adopted test of legality is that MLMs follow the so-called 70% rule which prevents members "inventory loading" in order to qualify for additional bonuses. The 70% rule requires participants to sell 70% of previously purchased inventory before procuring new orders. There are however variations in interpretations of this rule. Some attorneys insist that 70% of purchased inventory should be sold to people who are not participants in the business, while many MLM companies allow for self-consumption to be a significant part of the sales of a participant [1]. The Federal Trade Commission offers advice for potential MLM members to help them identify those which are likely to be pyramid schemes.[2]

This definition should make it abundantly clear that Jaguar Marketing is not an MLM company. The product that Jag actually sells is complete financial freedom. If you're willing to put the training to use, you can become financially independent, but you must implement the strategies set forth. No person ever created wealth by merely pushing a button. Business is all about work and commitment and dedication. Run your life, don't allow life to run you. Anything you desire is available to you if you're willing to work for it. The Jaguar Marketing system provides the training and the means, you'll need to provide the work and commitment to become successful.

 
David Dial
davedial@davedial.com
http://daviddialonline.com
Phone: 407-931-1781
Skype: dave4haly

No comments: