Mar 10
9
Playing the Field of Global Marketing – A Story of MLM Business Success
Financial Destinations Inc. (later FDI International) is known as a privately held corporation, started in 2003 and headquartered in Windham, New Hampshire. It was started by William Andreoli, now CEO and President of the company.
Recognized in its very first years as being a financial training company, FDI had the reported objective to “Stamp Out Financial Illiteracy Across the Country”. It was one of the companies that employed an mlm business model to offer economic education and training. This training included issues like fiscal accountability, real estate, stock market speculation, cashflow administration – all these were meant to inform FDI associates on their particular way to economic independence.
Obviously, there was an income opportunity included as well, by which independent FDI reps could market FDI’s solutions and services and create residual income for themselves, as well as teach and guide their own sales team or organization.
The FDI compensation plan was based upon 3 streams of income: 1 – fast start bonuses, made to repay FDI representatives for personal product sales activity, which would double with the recruitment of three new representatives in any given calendar month; 2 – leadership bonuses, which were based on the growth of the organization and got more substantial when another leadership level was achieved; 3- residual earnings, a regular monthly commission on each and every member of the team.
The reason we are using past tense here is that the organization has undergone serious changes. The owner of Financial Destinations Inc., William Andreoli, has joined up with Kuba Fabiarz, owner of GIConnect, a 16-year old telecom business that is said to have been running in 62 countries and to have had more than 800,000 reps. The outcome? FDI International, a business which aspires to get involved in 7 areas of telecom, as they state: landlines (home and business), wireless/cell, long-distance, worldwide calling, calling cards, internet and corporate solutions.
Their strategy will be to help their customers save 50% or more on their telephone expenses. Having the international expertise of GIConnect, FDI International is arranging to start in 60 countries concomitantly. Their main product seems to be the FDIVoice (hands free and service), that makes it possible for you to transform voice messages to text messages – so that you can stop texting while driving, as well as to make phone calls or even deliver e-mails using voice commands, or have your e-mail read to you by means of a voice application. Additional products and solutions comprise affordable smart cell phones for their customers, that are exclusive to the corporation, Multi-line voice phones with world-wide connectivity, VideoPhones with connection to big-screen TV’s or computer screens as well as no cost international calls between FDI Video Phones. Their future plans incorporate support for calling while travelling via airplane. With these products and solutions they wish to acquire a market unequalled before. They also aim to have no taxes on the telephone bills and services, no credit checks and no tying agreements for their services.
As for the FDI International comp plan, it resembles in some points the original FDI plan, but it appears to be greatly improved. They are boasting now several income streams: apart from the already known Quick Start and Double Fast Start Bonuses, a 50% Matching Fast Start Bonus, Advancement Bonuses, 4 levels of Matching Residual Income and that’s not all.
FDI International is indeed full of promises. Let us see if they can live up to them. As with any fresh organization (and even if the business isn’t new), you run a number of risks, which is up to you if you wish to assume. One sure thing is, nevertheless, that such an MLM venture cannot be conducted in the old school manner. You will have to promote the opportunity on-line, by taking advantage of the power of the internet to grow your own team, and to be able to do this, you have to get very good online marketing resources and strategies. These are not easy to acquire, but not really difficult either, when you discover a competent marketing coach who is willing to lead you. And if you do acquire these online network marketing skills, you can use them in the long run with any other MLM internet business that may peak your interest.
Kenny Gregg has brought precious information to thousands of people with his MLM Success Stories. If you want to learn the simple strategies that have allowed Kenny Gregg and thousands of his students to breakthrough, visit his MLM Secrets To Success.
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