TVI Express Review
Once you have been in the MLM industry for a few years you almost get immune to the constant parade of new “Hot” deals that seem to flow through the marketplace.
TVI Express Products
Most travel deals use the “Be a travel agent” business model but this is more of a club. The TVI Express base product is a Travel Voucher that is good for a free 7 day/6 night stay for 2 people at any of hundreds of 3 to 5 star resorts around the world. The voucher also includes companion airfare. The base price on this from the company is $250 US and this is in fact what you receive when you sign up to be a TVI Express distributor for $250 It may actually cost you $275 or $300 depending on if you buy a voucher from your upline to sign up or use the international money transfer service to pay the company. The voucher route is better. Once you are a distributor you can also purchase more of these “Vouchers” in your TVI Express back office and sell them to customers. Once you are a distributor you also have access to travel discounts through their channel partners on everything from Rental Cars to Ship Cruises though your back office. No Autoship One of the attractive things to many people is that once you have paid your TVI Express distributor fee there are no required monthly purchases to stay active. This is a great selling feature but may be an “Achilles heel” for them in the future.TVI Express – The Company
The TVI Express original home office was in the UK and according to their website they are backed by a prestigious UK financial group. Their current home office appears to be in Cyprus although they do still have offices and customer support phone numbers in the UK. Apart from that there’s not much more info on the company. They are currently operating in 150 countries world wide. Ground Floor Since TVI Express launched in Asia in January of 2009 and in the US in late summer, you can’t get much more ground floor than that but boy have they grown! It seems they amassed almost 200,000 distributors in Asia before they even hit the US and they are now growing like gangbusters in the US. TVI Express Compensation I usually never look too much to a company’s comp plan since MLM comp plans are all profitable, but the TVI Express comp plan because of the aggressive nature of the payment structure bears a closer look. The basic difference is that TVI uses a Matrix comp plan rather than a standard MLM residual. Now generally there are two basic business models in the world of MLM, Standard MLM and Top Tier MLM, however Matrix compensation plans represent a variation that borrow a little bit from both models. In MLM most companies will pay you a small amount or residual on downline activity multiple levels deep in your organization. This means that you get a small amount off of the people in your group. These small amounts don’t amount to much in the early days but as your organization grows all those small bits end up being a substantial paycheck once your organization gets large. With this Matrix the difference is that you don’t get paid when you sponsor someone or even when volume occurs in your organization. The money that would go to pay all those small commissions is held and then paid out when you hit a threshold point. There are 2 of these points in TVI Express, one is at $500 and one is at $10,000 Here is how it works. There are 2 matrices in TVI, picture them as a lower one called the Traveler Board and an upper one called the Express Board. The structure of the matrix is similar to what you see in a standard MLM unilevel example. One position at the top, two below that, four below that and eight below that. The difference with a matrix is that when you start you enter the lower level which has 8 positions for new reps and once that level is full the level splits and shifts up to the 4 level. When the eight level fills again it shifts up again pushing all positions above it higher. The person in the top position graduates from the lower board triggers the threshold $500 commission and graduates to the upper matrix called the Express board. The process is then repeated each of the levels shifting up until a distributor graduates from the top position receiving a $10,000 commission and $5000 in travel benefits. The distributor position then re enters the lower level of the top matrix and can revolve through it again and again each time earning $15,000 in total compensation. Movement through the TVI matrix can be speeded up by being either Partially Qualified (having sponsored 1 person) or Fully Qualified (having sponsored 2 people). These take precedence over anyone who is unqualified (has sponsored no one) The big bucks are made by having more than one position, which the company allows. That way in the time to transit the matrix rather than making a $10,000 payment the distributor would make multiples of that as one position followed the others out. There are also residual payments made to those who have graduated from the top matrix and they can range anywhere from 5% to 10% depending on how many of your reps you have helped graduate from the Express board. TVI Express Commentary Very interesting MLM to say the least. The main appeal is obviously the income potential and it seems that an average rep can get to the bigger dollars much quicker than in a traditional MLM. The TVI Express entry into the market has caused an un-level playing field and as a result has drawn fire from many in the MLM industry claiming it is not a legit deal. I can only smile as I remember an attorney general from some state on TV claiming that one of my previous MLM companies was a pyramid scam and then ten years later the company was publicly traded on the New York Stock exchange. Its funny how quickly perceptions can change. In all fairness to this review, I have to say it does look to good to be true but that does not mean its not. TVI Express has an actual product that has value and they pay their commissions. It will be most interesting to watch where TVI Express goes in the future. One warning here is that many times Matrix comp plans are sold by telling the prospect that they only have to sponsor 1 or 2 people and and then the spillover from upline will take care of all the rest. Don’t bet the ranch on this approach! Its true that all you need to do to be fully qualified is to sponsor 2 people but I never recommend leaving your success to chance or the good intentions of others. If you want to be successful in any MLM you need to learn how to effectively market the opportunity so you can plan on bringing several new reps in each month. Its the same with TVI. 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TVI Express
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