Article by Catherine Shanahan
“My Internet Business” now known as “YourNetBiz” is a type of automated marketing system. It is designed to handle the presentation and sales portion of an online marketing business. When looking at companies like this there are several criteria that are important to consider. You should focus on who they are, what they have to offer, and how you are paid through their compensation plan. The review below will answer these questions, and help you decide if this is the right opportunity for you.
Who Is YourNetBiz?
“My Internet Business” (MIB) launched in early 2008 and is the creation of the original founder Darren Gaudry, a successful internet marketer. Gaudry decided to step down and retire before the end of 2008. The company re-launched and re-branded in 2009 as “YourNetBiz” with the new front man Rob Hanley. The company provides a business in a box that teaches people how to market online. YourNetBiz claims to solve the problem of information overload when wanting to learn about online marketing.
How Do The Products Work?
As mentioned before the YourNetBiz program is essentially a business in a box. The system is designed for anyone regardless of previous business background experience. YourNetBiz market digitalproducts which include the following:
A large and valuable variety of digital e-books and software that you can sell. Web based training, videos, live conference calls, and support from you sponsor. A generic online based tour of the business that generates leads. Exclusive Travel Club (For Platinum Members only.)
You are able to sell the digital products and software programs as packaged bundles, or they can be broken down individually and sold that way. The system is good because the products are complete and ready to go with hundreds or perhaps thousands of potential markets.
When you sell one of the packages, you get a commission. You can repeat this process and build a network of associates below you that do the same thing.
There are four main packages to choose from, the more you invest the more you get:
Bronze – $ 495Silver – $ 995Gold – $ 1995Platinum – $ 2995
Can You Make Serious Money? There are several ways to make money. With each product package, you are able to earn commissions from each sale.
You can earn between 0 and 00 on each one depending on which package is sold. You are able to earn residual override bonuses each time one of your customers makes a sale to one of their customers. This normally pays between 0 and 0 depending on the package sold. 100% profit from sales of products that are available in the digital library.
Is YourNetBiz Right For You?
This program is designed for people that already have some money to invest. The startup costs are low compared to a franchise or regular brick and mortar type business. At a minimum, you’ll have to shell out at least 5 for the bronze package plus a .95 per month fee to take advantage of the turnkey system and back office support. They also recommend that you plan to have at least 0 per month for advertising even though they do mention that there are many free advertising methods available.
The final verdict is that if you are not prepared to spend some serious money upfront, then this may not be the right program for you.
There is no doubt that Your Net Biz is a genuine company and a good opportunity. While I feel this is a good business I do however believe there is a more powerful model with a more leveraged compensation plan. http://www.leap4wealth.com
About the Author
Catherine Shanahan is a Business Entrepreneur and mentor who believes in sharing the tools and strategies she has learned to help others succeed in business opportunities available on the internet today. See the most lucrative compensation plan on the internet and discover how with the right training, support and mentoring, anyone can generate a sustainable, residual income on line. http://www.leap4wealth.com
Find out more about Catherine at http://www.whoiscatherineshanahan.com