Business Startup - Business News - Business Loans

Agel, Product Or Opportunity?

A Bit Of History

The founder of this multilevel marketing company goes by the name of Glen Jensen who previously worked in other MLM companies such as Nu Skin Enterprises and Neways, he worked in this industry for 10 years before he began his own company called Agel along with Craig Bradley and it has grown from strength to strength.

The Products

Agel sells 9 different products ‘gelceuticals’ they call them. These ‘gelceuticals are the first ever nutritional products that are suspended in a gel. Their unique selling point is that they don’t have to be taken with water. The 9 different products are said to target specific ailments like joint pain, increase energy, reduce appetite and the like.

The Opportunity

To become a distibutor you have to buy in to either the personal pack or the exutive kit and at the beginning their is an emphasis on recruiting others so you could start earning commissions. Agel is of course structured how it was meant to be, a multilevel marketing company with a two-leg commission model where you only make commissions off your weaker leg. commissions based on this model is 10%.

The Compensation Plan

The founders of Agel have incorporated a compensation plan called quadra-plan. This plan pulls from some elements of compensation plans from some other companies but their is a very confusing twist.

Agel sells it’s products to you the reseller and you market the products in turn making a profit. The profit made off the lower priced $75 product gives you a 30% commission. Your upline will advise you to of course purchase the executive kit, which makes sense as this should in theory give you the potential to earn more money. The executive kit could range from $450-$600 a month and each executive kit sold will give you $200 as an affiliate.

Product

Or Opportunity?

Agel has a fantastic line-up of products but he reward structure is not so sound I’m afraid. Lets observe what it would take to make a five-figure monthly income. In order to achieve lets say $10,000 you will need to have over active monthly renewals of the starter pack. If you would like to explode your business then you will need 50 monthly renewals on the executive kit. All you need to do is take into account the poor retention rates of Multilevel marketing opportunities and you will see that it just is’nt possible to achieve that elusive $10,000 income.

I haven’t joined this opportunity I have a preference for GPT not MLM because of this pay structure, however I’d still like to add that Agel could be successful for you if you know how to market. It’s your marketing that will make the money, it takes marketing to move that product. The product itself only sustains your downline and unfortunately Agel don’t provide the proper training on how to market your product and opportunity successfully.

So I’ll give this opportubity a miss and move with the times and plug into more modern mediums of communication and leverage the technology of the internet to grow my business.
http://www.loans-creditcard.com

Online Marketer Farooq Hussain

http://www.loans-creditcard.com

Article Source:http://www.articlesbase.com/credit-articles/agel-product-or-opportunity-1090392.html

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments

No comments yet.

Leave a comment

(required)

(required)