“Pretty nippy for the last day of February!” says the Duchess of Earle to herself as she rolls off her driveway headed for Steve Renner’s iNetGlobal launch meeting this morning. It’s zero degrees Farenheit on a day that would, on average, be up around thirty degrees.
Today is a very special day for iNetGlobal because it marks the day iNetGlobal emerges from its pre-launch stage. It’s such a big day that the boss himself has decided to don a suit and tie! Impressive!
People arrive and the room begins to fill. The Duchess checks in online to see who is there - and finds there are people from around the world that have checked in to see what’s up today. (By the way, the Duchess sends a shout out to S.E. in the UK - nice to see you with us today!)
Steve begins to discuss the story of his company. It’s coming up on being eleven years old this coming month. They’ve gone from just a little “one horse” operation to a training company to a company that focuses on online advertising. Last year, online advertising was up 30 billion dollars from the previous year, so there is a veritable ton of opportunity. iNetGlobal now has its own search engine called Acesse.com and it is expected to become the fourth largest search engine. All the ads on the other major search engines are all sold by Google and the difference for Acesse is that iNetGlobal is selling its own advertising on its own search engine.
iNetSurf is the permission-based phase of the company. Members can surf other members’ businesses, get acquainted and do business together.
V-Local is the local advertising arm that gets businesses ranked on the search engines. Other yellow pages type companies may buy advertising for a company that gets them to the first page of search results, but the minute the advertising dollar is spent, the listing is gone. The important V-Local difference is that the company’s website is getting listed on the web, so that it will show up on search results. This is a huge - and crucial - difference that gives the V-Local advertiser benefits that are head-and-shoulders above those of its competitors.
Mr. Renner runs through the other services that iNetGlobal offers: IMTrain (internet marketing training), V-shops, V-Webcast (webcasting service), V-Mail (autoresponder).
He goes back to the subject of V-Local. It’s able to be self-managed: one can put up photos, videos, coupons, people can sign up for your business - it’s so complete it could be all the website that a company needs. All clients’ sites are getting search engine optimized. Businesses can have V-Local personnel do the videos, if they wish, and then V-Local staff will perform the service of putting up the videos in all the right places on the web.
The new iNetGlobal site is all-inclusive - no longer will members have to go to multiple sites to manage all aspects of their iNetGlobal membership. This new site isn’t live yet, but Renner expects to have it up and running in the coming week - so the Duchess encourages you to watch for it and check it out when it appears.
Steve mentions that they’re adding spiders to the indexing force, so that they will be indexing 180,000,000 pages a month. He may even ramp it up more to speed up the process of getting the search engine up to speed, so that the results of the Acesse.com search engine are as good and thorough as the results on a Google search.
Centerfield’s, the restaurant where the iNetGlobal party will be held at the end of this coming month, is going to run a coupon special for the launch party - a two-for-one drink coupons that can be printed at home and brought in for the party.
He shares the story of how a local upscale car dearlership noticed the V-Local presence this week, called up the home office and requested a visit from Renner’s representative - and he was so impressed that not only did he want one listing, but one for each department of the business!
There are different levels of service for your business with V-Local. The Duchess confesses that she was unable to get them all down fast enough, but promises that she’ll get the info into a post one of these days.
Every iNetGlobal member gets a V-Local listing for their business - they can create coupons that will help bring people in.
They’re also creating online text ads that will go to your cell phone. There will be a charge for that, just as there would be for other advertising. There will also be a way to surf ads from your cell phone - this is great for people in countries where not many people have computers, but where they do have cell phones. This will be a way to grow the company that will be huge.
Steve asks for questions and the one that comes is: “How do you get paid?” So he launches into the marketing plan.
To get started in the business, one must first sign up as a Preferred Customer and purchase $20 in product per month. The next step is to purchase a Consultant Kit at $59.95. In includes a number of things, including one year access to the back office. You get points credited to you for everything you purchase/sell and
Being a preferred Customer means increase commissions,, double fast-start bonus cash, double advertising bonucs= credits, 100% matching AdPacs (iPoints/Credits), hosting, training, turnkey businesses (all the products and services that iNetGlobal offers, including the soon-to-be-operative travel business).
Then you choose your package to get started:
$150 Starter Package
$500 Professionsal Package
$1000Executive Package
$2000 Deluxe Package
All Consultants earn money based on sales. Some of it comes in the form of rebates, some in commissions, some in rewards and bonuses.
The company is really based on recruiting one or two people. If you refer two people, you can move up in the program and earn more money.
There are six ways to earn:
1 - Retail Sales Commissions
2 - Fast Start Bonuses
3 - Revenue Sharing
4 - Residual Income
5 - Leadership Bonus
6 - Royalty Bonus
This plan creates residual income, if one works it. So what is that, you may ask? Residual income is the concept of making a sale one time, but getting paid over and over for that same sale. He cites the old Columbia House record advertising campaigns wherein one received several records for a penny - and then they’d send you one record a month until you cried “Uncle!” and cancelled your $9.95 billing. This is a form of residual income and he really wants to get this idea through his members’ heads - 70% of the money that comes to the company gets paid right back out to the member marketing force. Get people started on this and they’ll be with you a long time, just the way Columbia House records did.
People ask why he’ll give so much on the front end of the offer to the marketing forces - it’s because he knows the lifetime value of the customer and it’s the residual value of the business they bring to the company’s sales team. It comes in like clockwork, whether they work or not. The slide on the screen shows a group offering a potential $16,000 income per month - in a business that grew ideally (which means it’s picture-perfect and that the members underneath you grew equally in all legs - which doesn’t normally happen, of course. This is just for the sake of example of potential.). But what if you failed 90% and only did 10% of that? Would 1600 per month make a difference for you and your family? What about those in Africa? $1600 a month is more than the president of some of those countries makes per month. What if some living in a grass hut were to earn $800/mo. with iNetGlobal? Would that make a difference in their lives? One would surely think so…
Today’s special offer is a Matching Bonus of up to 120%, depending upon the package you choose to purchase. The offer is good through the end of March and is as follows:
Starter Package = 20% Match
Professional = 50% Match
Executive = 100% Match
Deluxe = 120% Match
He shares the news of a fellow in China - doesn’t even speak English - that got into iNetGlobal on Monday and by Thursday was cashing out $875.00 in earnings.
If a member signs up later in the month, that purchase qualifies them for auto pay for the coming month. He cites the example of signing up on the 20th of the month and not having to re-order again right away - you’re qualified for that month as well.
Steve fields other questions - a wide variety of them. Then he moves to wrap up the meeting, thanking everybody for coming to share this new day for iNetGlobal. Things are going to be really moving come Monday - it’s a new day for iNetGlobal.
Then he steps over, picks up his guitar case. He removes the instrument, tunes it up and then begins to play. After a song, he starts again - and then bursts into song. It’s a happy-type love song, a good and upbeat tone to strike for the close of a good meeting.
The Duchess signs off today with an invitation to you to check out her iNetGlobal site, both today and when the new site launches, which is expected to happen within the next week or two.
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