VoiParty – Turning Long Distance Calls Into Streams Of Income
VoiParty is certainly one of the few companies to bring communications into the multi level marketing world. It is allegedly the first one trying to become lucrative based on the peer to peer Inter-Exchange Communications protocol. This Inter-Exchange Communications protocol, or IXC for short is an interesting alternative to long distance calls, routing calls between users on the internet and practically generating passive revenue while doing it.
This strategy alone is said to produce a multi-billion dollar revenue stream each month. And by bringing it to the direct marketing field VoiParty attempts to turn it into an even more profitable business opportunity. Let’s take a look at what their chances to succeed are.
Based in Florida, the company is active on the market since 2005. Their slogan is “A Communications Revolution”, and that is what they are seemingly trying to accomplish. It also seems as they have the right people to do it.
The company’s founder Dr Ciro Martinez II, which is currently holding the position of President, has a Master of Business Administration and a Doctor of Philosophy degree from Washington University, a Bachelor of Science in law and a J.D. from Northwestern University, and has published books regarding the current economical crisis.
The management team comprises also of Joe Mechado, co-founder and current CEO, and Paul Jorgensen, holding the position of senior Vice President.
It looks like they have the right people to succeed, but do they have the right product as well? VoiParty sells a package of communications services which provides free calls within the network. As a downside, the calls from other networks are considered and paid for as long-distance calls.
What generates the income, a customer would ask?
The cash flow is generated by all the long distance calls routed through your connection via internet. These calls are actually free calls within the network, and the cost difference is what actually makes the profit.
The market for this type of product is huge, but unfortunately already overcrowded by the traditional communications companies. It is a well known fact that phone companies have been struggling for decades to survive and make a living. The advantage here is that VoiParty is using the Inter-Exchange Communications approach, which allows them to offer calls free of charge within the network.
This can be their ace in the sleeve, and can guarantee them a slice of the market. Moreover, by using the direct sales approach the marketer appeals to connections between relatives and friends, which would have all the incentives to want to keep in touch without having to pay a dime.
VoiParty employs a 3 by 12 matrix based compensation plan. There are different ranks available, such as system and network developer, network executive, vice president and senior vice president. For each of these there is a “star” rank available as well. They also offer bonuses for enrolling others in your team, down to the fifth level.
The training provided by VoiParty is rather shallow, consisting only of general tips and outlines of what a marketer should do. They seemingly don’t consider that training is an important aspect of this business, and leave the task of getting the required information to the distributor. But this is most definitely going to get them nowhere, and it is a rather sad thing.
However, if you still want to join VoiParty you can do it, and minimize the risks of failure by getting correctly educated on specific marketing techniques, compatible with VoiParty, but also applicable to a host of other MLM companies.
You can get information on how to correctly enroll people, how to build a strong network, and how to market your product correctly. You can get informed and ready to thrive with VoiParty simply by clicking the provided link.
Filed under: Company Reviews
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