WorldVentures and YTB Comparison

80

By DustyShoe

WorldVentures and YTB Comparisons


Since signing up with HubPages, and publishing my first Hub regarding WorldVentures, I have noticed a lot of Google ads on my page - most of which relate to YTB, or Your Travel Business. I would like to state some of the major differences between the two companies.


Key Distinctions*:


1. Ownership: Public vs. Private


YTB: A publicly traded company, listed on the Pink Sheets (not a stock exchange). The Pink Sheets are a quotation service that does not require companies to register with the Securities and Exchange Commission (SEC) or to remain current in their periodic filings. The SEC states that "companies quoted in the Pink Sheets can be among the most risky investments." YTB spiked to $18.50 then declined to its current level of $1.24.


WorldVentures: Privately held by its founders who neither need an exit strategy nor additional operating capital for growth (two common reasons to go public). By maintaining its private status, WorldVentures' number one focus is always to their Representatives and customers, not shareholders.


2. Sponsorship


YTB: Your first 3 personally sponsored Reps are called your "1st Team" (as well as the first 6 RTA product sales, so if all RTAs are also Reps, as many as 6 Reps). You earn a 50% match of the commissions earned by your personally sponsored reps. However, every rep they sponsor, and every rep they sponsor, to infinity, is also on your "1st Team" and you receive ZERO commissions or bonuses off these reps.


Also, if a rep is working on their "Power Team", it potentially creates the sponsor dilemma of either A) fully educating their prospect on the compensation plan, thus risking they hold off on sponsoring their "studs" and fill their "1st Team" with non-performers, or B) provide a vague compensation plan explanation, hoping the prospect will fill their "1st Team" with their best contacts (which yields maximum Sponsor benefit, but could ultimately undermine Sponsor-Prospect trust).


WorldVentures: It doesn't matter who introduces you to the business; if a prospect joins my team because of me, or someone thirty levels deep, any future sales that Rep generates will benefit me equally, to infinity.


3. Spillover


YTB: With YTB, "Spill-over" (when someone is placed in your team that you did not directly or indirectly enroll) never happens.


WorldVentures: Depending on the growth of your team and the pace of your "upline", "Spill-over" can and does happen.


4. Upline Support


YTB: Your sponsor earns the maximum commissions and bonuses off their "Power Team". If you are their "1st Team", they have less financial motivation to work with you. And, if they were on their sponsor's "1st Team", then their sponsor has absolutely no financial motivation to work with you. It's possible that you could be several levels removed from anyone who would have a serious vested interest in your personal success. Additionally, when you build your DreamTeam, once someone gets past your 7th Generation, you get paid ZERO on them and their efforts.


WorldVentures: It doesn't matter if I'm your direct sponsor, or you're 100 levels of sponsorship removed. Your efforts and your sales directly help my team and affect my checks equally, to infinity. It is absolutely in my best interest to help you be as successful as possible.


5. Income Growth Potential


YTB: As your organization grows in size, it has the potential to result in an increasingly large number of reps joining who have little to no impact on your checks. Someone as few as two levels down on your "1st Team" could become a big leader but you would NOT receive ANY commissions on his or her efforts. Additionally, after your DreamTeam grows past its 6th generation, you would no longer be compensated on those sales and new reps.


WorldVentures: All sales and any new reps who join your team, throughout your entire organization, count equally, to infinity.


6. Product Differentiation


YTB: Only offers an RTA program.


WorldVentures: Offers the incredible DreamTrips Membership product, a one-of-a-kind vacation club membership that is unique to the market. WorldVentures second product, the LTC program, is also unique in that it features proprietary Powersearch technology.


7. Comp Plan Type


YTB: Employs a "coding" compensation plan which can be incredibly difficult to explain, is difficult to achieve success with, and is not commonly found in newer network marketing companies.


WorldVentures: Uses a Binary Compensation Plan, the type of plan most commonly used by the most successful companies launched in the last 10-15 years including Isagenix and Synergy WorldWide, and most recently Agel and MonaVie.


8. Comp Plan Comprehension


YTB: Incredibly complex with numerous restrictions based on sponsor relationships, generations, etc. Numerous WorldVentures reps with previous experience at YTB have expressed a lack of understanding of YTB's compensation plan.

WorldVentures: Can be explained on a napkin.

*Distinctions are the opinions of WorldVentures, based on careful analysis and comparison of YTB and WorldVentures' Compensation Plans and opportunities.






Comments

Lisa 2 years ago

If WorldVenture's Compensation Plan can be explained on a napkin, then #1, why isn't it provided at the initial presentation when people are pushed into signing a contract then and #2 why is it 28 pages long?

Lisa 2 years ago

WorldVentures Travel LLC NOT in good standing with the Texas Secretary of State - http://idek.net/bKd

Lisa 2 years ago

Just for kicks, let’s take a just a moment and review some of the language from the complaint filed against another travel organization YTB. Please let me know if find any similarities:

“While Defendants purport to be in the business of selling travel, their real

business is the operation of a pyramid scheme that relies on the sale of essentially worthless websites they refer to as “online travel agencies.” For the opportunity to own and operate an online travel agency, consumers pay Defendants over $1,000 per year.”

“To entice consumers to participate in their scheme, Defendants make untrue or

misleading claims that consumers can become millionaires and receive special travel discounts offered only to professional travel agents.”

The above complaint would certainly lend to be good lesson for future companies interested in developing a similar business model – they might want to post something like an Income Disclosure Statement that clearly shows the true income potential so they don’t get their butts handed to them from the attorney general’s office like YTB did.

Of course, even if they do post the truth, they can always discount it by making statements, such as the following. This is directly from a WorldVentures Rep posted on another blog :

“Then WV becomes a scapegoat for their lack of effort, lack of education, lack of motivation, lack of skills or whatever has put them in position for being where $360 is treated like a million dollar loss. That’s truly pathetic!”

A new WV Rep 18 months ago

Worldventures is currently in good standing with the State of Texas. All you have to do is call: 1800-252-1381 and ask for the standing of taxpayer number: 12046654989.

As for the post about YTB, all presentations are given with an income disclosure sheet. It shows the exact percentage of reps that have made any kind of override or commission. I have only been with WV for three weeks and have already made double my investment back, so it seems like whomever said:

“Then WV becomes a scapegoat for their lack of effort, lack of education, lack of motivation, lack of skills or whatever has put them in position for being where $360 is treated like a million dollar loss. That’s truly pathetic!”

was right on the money (no pun intended). The Dreamtrips are real. Rovia is real. I researched this company for months before I joined it. I did a search for a vacation to Hawaii on Travelocity and on Rovia. The hotel and air to Honolulu was over $900 for a two star hotel on Travelocity.

On Rovia it was $750-ish for a 4 star hotel and air. That wasn't even a dreamtrip, it was just the normal search engine. Plus, all that is commissionable. I do not book any one else's travel and make no reservations. It is not an online travel agency, rather a high powered travel search engine that I can make commission off of.

This is the real deal! I am so thankful I have joined. My initial investment was only $365 and I made $570 my first day. That means they paid me $205 to join their "scam". The truth of the matter is that if you tell people about it, and work it, you can make money. It is the best MLM product I have ever seen.

Fraud Education 17 months ago

@A new WV Rep. You are in the top .09% that have made money in WorldVentures. Why do I find this unbelievable?

Check out World Venture's Income Disclosure Statement for yourself - http://worldventuresscam.blogspot.com/2010/09/worl

Lisa 10 months ago

any word on why Steve little their number one top earner has filed suit against world ventures?

Jennie 6 months ago

Steve little didn't follow policy and procedures and after several warnings he was terminated.

Gail 3 months ago

I normally wouldn't waste my time but i started reading some of these comments. World Ventures is definitely not a scam. I have a professional background. I have saved thousands of dollars taking World Ventures Dreamtrips, and my income from World Ventures is far greater that my corp pension check. If you question the legitimacy, go on a Dreamtrip for yourself. I guarantee, you"ll return a believer!

Submit a Comment
Members and Guests

Sign in or sign up and post using a hubpages account.



    • No HTML is allowed in comments, but URLs will be hyperlinked
    • Comments are not for promoting your Hubs or other sites

    Please wait working