Is it worth joining a feeder program? A feeder program
is usually a low-cost alternative for getting to where
you want to be ie. pay your low entry fee, recruit a
number of others, and when you 'cycle' you get a paid
entry into the target program.
Some would say that they are not worth bothering about,
by the time you've recruited the required number of
referrals and take any advertising into account, you
would be better off just paying the extra money to get
straight into the program you actually want to join.
So what are the advantages of using a feeder? The most
obvious one is the price, which is usually a fraction
of the cost of the target program. Another advantage is
often a re-entry on cycling, which ultimately creates
multiple positions within both companies, but this is
not always as desirable as it sounds - you may end up
with numerous positions all with different id's which
all need to be administered separately, which can be
time consuming.
But multiple positions means multiple income opportunities,
which is always our goal as marketers. And multiple cycles
brings residual income - income from the feeder program
can either be cashed out or used to buy more positions,
which is what we are doing with our teambuild in DHKwik,
or you can gift these to people - friends, family, those
less fortunate than yourself who could use some extra
income - or even gift them to charities. The possibilities
are numerous.
On balance, I think feeder programs, managed correctly,
are a great idea, and one that you can use to your, and
your team's, advantage.
Tuesday, 6 April 2010
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