YTB ​​Travel: An Honest Review of Your Travel Business

YTB ​​Travel is an Internet-based travel reservation service. Since travel is a $7 trillion industry, this makes it a very viable business opportunity. Stocks may be plummeting, but make no mistake, people are still taking vacations.

So what are some things to consider with YTB tours? First, there is the cost. YTB ​​Travel has a $500 fee to join, which, by comparative standards, isn’t very expensive. However, this only allows you to become a Marketing Representative, which means you can sell OTAs, enroll Referring Travel Agents (RTAs), and sponsor other Representatives. You can also earn a commission on personal sales from online travel agencies, but you do not receive travel credentials and cannot sell travel. For a monthly fee of $49.95, you can now be considered an RTA and qualified to do all of the above, including booking travel and receiving commissions on all travel bookings. This is done through your personal website.

Beyond this, YTB trips have earning levels, which depend on how many people you sponsor into this company. Start with three people. You must sponsor three people, and then you are qualified to earn a 50% commission on their sales. This is considered the 1st team. Your first team is not complete until you have 6 active RTAs sponsored by you or members of your first team.

Now you qualify for the power team. This is only achieved when everyone you sponsor now completes their own first team. As you can see it is getting confusing and ultimately you will need 40 people in this equation to earn the power team commission which is $50 for direct sales and $50 for the power team. Spree.

Now, there’s a $10,000 dream commission bonus, but hold on tight, you’ll need 100 active RTAs in your organization to qualify. If you’ve never done internet marketing, this is a virtual impossibility. Sponsoring 100 people takes time, let alone 100 people who will be active in your organization. Based on the 80-20 rule (20 percent of the people do 80 percent of the work), you’ll need to sponsor 500 people to receive this handsome $10,000 bonus. In other words, you will never see that bonus.

Aside from this salary structure mess (and this is just a basic version. The actual plan outlined on their website is very complicated and virtually impossible to obtain), YTB travel has major legal issues. California is currently suing YTB Travel for allegedly operating a pyramid scheme. If convicted, YTB will face fines and restitution of more than $25 million. More than 90 people have filed complaints with the Better Business Bureau of Southern Illinois regarding YTB tours, saying the company misled them with inflated earnings offers. A quick check of this publicly traded company shows that the share price as of October 6, 2008 was 0.51, down from April’s yearly high of $4.18. The numbers speak for themselves. Stay away from this company until things are resolved. I’m not saying they can’t come back and be better, but right now is not the time to invest in a sinking ship.

This is a review of a single company in the travel industry that is internet based, and is in no way intended to scare you away from undertaking such a venture. Quite the opposite, travel is still a booming industry and absolutely a fantastic vehicle to start your business. If you are interested in a company that allows you to travel year-round with no restrictions and offers a simple yet nifty pay plan of $500 direct commissions and $1,000 from your first sale, with no further qualifications required, then you need look no further. beyond Global Resorts Network.

Global Resorts is the marketing arm of a well-established company that has been offering vacation memberships for over 22 years, with a clean track record and a high rate of customer satisfaction. Please do your due diligence and research our website below to discover a much simpler and more profitable way to earn money and travel the world in style. Get in touch and we will give you a direct conversation and the final numbers you want to know. You owe it to yourself to explore this option now before giving it up and then hearing in a few months how a friend of yours is doing “so well” in his new Global Resorts business.