Continuation from the previous thread…
i posted about this unbearable ‘surrey mummy’ woman the other day - hardly anyone replied so I thought I was the only one who can’t stand her
Regardless of what they say, inteletravel is a pyramid scheme and most people see right through it. She’s so relentless about her ‘successful business’ - what’s she’s actually successful at is
recruiting people. It isn’t about selling holidays. It’s about selling the idealistic view of working in your spare time, doing something you love and earning in your spare time / flexible around home life blah blah blah. Which is an absolute MLM sales 101.. she’s recruiting other Disney mums to work for her…to all try and compete against each other to sell Disney holidays to their friends and family….
I’d put money on it that the long term retention of sign ups is poor (I bet it’s about 50/50 at best) - so the business model is about recruiting as many people as possible and getting in as many people as you can.
how many People sold scentscy candles, Tupperware, Avon (the endless lists of these schemes!) were ever operating at a true profit as a self sufficient business? Plough all the work into selling stuff and making a measly bit of commission, whilst the ‘area’ managers get paid for subscriptions of people and rinsing off the cream top of the whole lot. people who join these things have to pay £500+ in the first year…for ‘training’ and membership fees.
(if you read some of the insider stuff on this, they consider their own ‘agents’ to be customers too….because they are paying money into it)
Aside from making commission back on your own holidays, I bet the conversion rate of quotes to actual sales is really low - but that’s not the primary aim of the business anyway…
check out ‘dear society’ on YouTube, they have covered off how these things work.