The Pre-Paid Legal Compensation Plan
Do you think your multi-level marketing company makes it hard for participants to earn a living? Well you haven’t seen Pre-Paid Legal! It’s next to impossible for an associate to earn a real living selling their “plans” to unsuspecting customers. Here are the numbers…
Below is a screenshot of the Pre-Paid Legal website as of April 8, 2008. The plan for selling memberships is simple. If you sell a membership that costs the customer $26 a month, they say you can be paid $50 to $182.5 for that membership. (Althoug the chart shows $25 is actually paid out to the lowest level associates, where most of the PPL reps sit.)
The money paid out is an advance against future commissions. So you might receive $50, but that is all you will get for that membership for the whole year.
But here’s the catch that they don’t tell you: 50% of people who buy PPL memberships cancel them within the first year. Chances are, you’ll have to pay back some of that advance. How lucrative is that?
This document gives more information about the commission structure, but still you see that unless you recruit, you’re going to be stuck at $25 per plan you sell. And that’s your payout for the entire year on that plan (while you cross your fingers and hope the person doesn’t cancel!).
Merry Christmas everyone, and remember it is not too late!!! I have a trunk stocked with everything you need for…
Merry Christmas and happy holidays to everyone!
Sheree has only been a Director for a few months, yet she’s already offering to PAY for people to join…
Really, it's just one $600 plus taxon retail value, so about $650-680. She doesn't *have* to stay active and would…
The consultant has to pay for the Great Start Qualified Order and stay active. For how long, exactly? A year?…