In Business Since: 2001
Disadvantages: It is a very competitive business. The company attracts people who love travel and are not looking for a get rich quick program. This will take some time to build. It will take a few months before you see something from your investment. Unfortunitely many people are brought into the business to save on travel costs - not to run as a persoanl franchise which migh cause them some problems with the regulating agencies.
Looking at their latest financil releases - they might be having some problems as their business builders are doing more selling of franchises then selling travel.
Entities:
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Transferable
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Saleable
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Willable
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Structure as Corporation Entity
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No
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Yes
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Yes
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Yes
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Financial Strength: Strong.
Management: Strong
Online Training & Support:. Great online support with your own website.
Field Training & Support: Yes
Products/Services: Travel, Air, Cruises
Compensation Plan:.
YTB has a couple of ways to do business. One is to become a Refer Travel Agent or “RTA” and the other is Independent Marketing Representatives or "REP". The Travel Agent opportunity has an initial fee of $500 and then you are required to pay a monthly license fee of $49.95. After that, you may choose one of the other programs. After that you can choose one of the other programs.
What is a YTB Travel Network Referring Travel Agent? A RTA is someone who has purchased an online Travel Agency in an agreement with UTB Travel Network of Illinois. You pay the $49.95 monthly license fee for your own website. RTA's refer people to their website (which is their online Travel Agency) to book travel and earn commissions. As an RTA you earn 60% of the commision on all travel booked on your site. You become an affiliate when you complete a one-time online training and then earn 70% commision. As an RTA affiliate, you may also build a business by selling other personal franchise and helping them become representatives.
What is the YTB Independent Marketing Rep do? Someone that has signed an Independent Marketing Rep agreement with YTB is called a REP. You may sell online Travel Agencies; enroll RTA's and sponsor other Reps. You will commission on personal online Travel Agency sales. You cannot receive travel credentials and cannot sell travel.
From that point is where you will build your Team of YTB REPS. You will have your first complete team when you personally sponsor 3 or more Reps and have 6 active RTAs enrolled that are paying their monthly fee of $49.95. After you enroll 3 RTA's, YTB pays you 50% match on all commisions made through your business team.
Once this team is complete, you are then qualified to start your PowerTeam. You keep building from there and make your commissions. It can be a great and successful business. It does take some money to get it started and a great commitment as you would with any business ventur
YTB currently guarantees that you will earn $6,000 in marketing commisions using the Success from Home Magazine. If you do not earn at least $6,000 in as little as 12 months by carefully following the program, YTB will make up the difference.
Health Insurance:.YTB offers affiliates inthe U.S. the opportunity topurchase a limited medical insurance plan. There is a defined benefit and this information is available to the affiliate prior to their purchase of the policy. The policy, issued by Standard Security of New York (Licensed in all 50 states), is available to any affiliate without pre-existing condition limitations. There are no medical questions to anser when enrolling.
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