WORLD VENTURES MLM COMPANY
‘You Should Be Here’
WorldVentures is an American travel based-marketing company established in 2005 by Wayne Nugent & Mike Azcue. They sell travel memberships in collaboration with ‘Rovia DreamTrips’ and provide discounts on holiday trips for members worldwide. These memberships are sold through the Multi-Level Marketing business model. The company’s independent sales representatives earn commissions by trading their memberships. The WorldVentures signed up more than 20,000 members in South Africa; most of them are based in Durban. The company is a home-based direct sales travel club, which focuses on a recruitment marketing model. WorldVentures had a revenue of more than 335 million USD in 2019.
Before we go into details about WorldVentures, let’s have a look at what is Multi-Level Marketing for people who are new to this stream.
WHAT IS MULTI-LEVEL MARKETING
Multi-Level Marketing (MLM) is a business strategy that offers the public fantastic career opportunities. Multi-Level Marketing is also guided to as Network Marketing. The MLM business model involves trading and marketing products and services and recruiting more people to become a part of their business expansion. As more sales are made, every ‘recruiter’ receives a profit or commission downline percentage.
HISTORY OF WORLDVENTURES
WorldVentures isn’t a scam service; it has been misled by many false statements and mistook by many individuals throughout the year. Network Marketing is a legal business model in many countries like Singapore, Vietnam, Hong Kong, the UK, the USA, Australia, and more. Some companies, such as Amway, Herbalife, Vorwerk, Mary Kay and Avon, are pretty popular. In March 2013, the company Rovia was established by Bertram Vedeler and Jan Roar Fløttre. Rovia was awarded the World Travel Awards for the World’s Leading Travel Club. In 2015, they received similar awards from Africa, Europe, and North America. The company had sales of 315 million USD by 2019. To become a sales representative of WorldVentures, one must pay 99 USD as their one-time registration fee.
However, WorldVentures has agreed with Verona International Holdings, which will be supporting the company for any further restructure, reorganization and under the bankruptcy situation.
“WorldVentures will continue to position themselves as a travel leaderWorld Ventures
through the experiences of its members while offering more
unique travel adventures and investing in our sales team.”
– Michael Poates (Chief Operating Officer of WorldVentures).
WorldVentures is well-positioned to help its members explore local and international destinations through innovative, curated travel experiences. The company will persist in operating under the WorldVentures and DreamTrips brands.
WHAT IS DREAMTRIPS?
DreamTrips is a sub-brand of WorldVentures’ which provides attractive travel packages to the public. They have destination packages from all over the world Kenya, Mexico, Thailand and some of the most exotic locations around the globe. Here are some of their available activities:
• Cultural Landmarks in Charming Chiang Mai: A half-day city tour around the northern city of Chiang Mai, Thailand by Tuk-Tuk (traditional rickshaw in Thailand). DreamTrip also includes hotel accommodations and meals. A host will guide you and ensure all goes well for groups of not more than 10. Air ticket charge is not included in the package, but airport transfers are.
• DreamDay: Afternoon Food Tour in France: A four-hour of Afternoon food tour through the streets of France. This is a one-day event and includes the tour guide and the food.
• DreamBreak: Florianopolis, Brazil: A free-for-all family vacation in the coastal city of Florianopolis, Brazil. No host will be provided so that you are free to decide what you want to do, whenever you want. Hotel accommodations are included in the package, but not airfare.
As we have talked about the history of WorldVentures and their packages, let’s look into how they work and make money through this travel business.
WORKING METHOD OF WORLD VENTURE
Worldventure’s holdings have actively raised capital from many investors. These investors may include private investors, capital firms, or other personal investments. Direct Selling businesses let you earn by selling vacation packages and recruiting members, and WorldVentures isn’t a scam. MLM are legal business models in Australia. Some of them are pretty well-known, such as USANA and Avon.
To understand the potential business opportunity, you must examine the WorldVentures Compensation Plans. Here, there is a combination of commissions generated by product/ membership sales and recruiting more members into your downline as any MLM Company does. The membership structure is that affiliates must pay an initial 99.9 USD signup fee and the base package. Gold memberships cost 199.9 USD to start, and Platinum memberships cost 299.9 USD. This Compensation Plan applies to all WorldVentures Representatives enrolled in special programs such as the College/Young Professional program.
Let’s look into the Commission and Bonus distribution schemes of WorldVentures.
COMMISSION & BONUSE DISTRIBUTION
Every organization has its ways of commission and bonus distribution. Both are popular forms of compensation distribution, and it is recognized and paid at each level every month. Traditionally, members earn a commission to achieve their sales target bonuses reserved for non-sales employees. WorldVentures reserves the right to consider rank bonuses and sales commission from more than one.
1. Direct Commission:
WorldVentures pays its representatives a Direct Commission for the sale of certain products. The Direct Commissions are delivered to the recruiter regardless of their active status. However, their representation agreement must still be in effect, not cancelled, suspended, or terminated. WorldVentures will recover Direct Commissions paid to agents when an initial product purchase is refunded to the customer.
2. Weekly Team Bonus:
WorldVenture representatives earn Weekly Team Bonuses based on the initial product sales generated by their entire network team. The Sales Credits may vary based on the price paid by the customer, and sales Credits is distributed throughout the period, as new sales are completed and payment is confirmed. The Weekly Team Bonus can pay up to 100 USD to their members.
3. Monthly Residual Commission:
WorldVentures representatives at the senior position or higher rank earn Monthly Residual Commissions based on the monthly bill generated by their entire network. The representative earns Sales Credits based on the monthly fees each customer pays. After a member has achieved four personal sales, they can make downline placements on both sides of their binary tree. A representative will be not eligible for Monthly Residual Commissions until that time.
4. Personal Sales Bonus:
The Personal Sales Bonus rewards the representatives for personally sponsoring new customers to the groups of the DreamTrips family. Suppose you gain more than one set of three recent customer membership product sales within 28 days. In that case, your efforts are rewarded at a higher level. The commission payout rates vary by type of membership sold. Personal Sales Bonuses are paid to the member, regardless of the member’s status. But their agreement must still be in effect, and it won’t be cancelled, suspended, or terminated.
5. Dream Home/Car Bonus:
DreamHome Bonuses are disbursed to the representative monthly. A representative must have achieved the rank of International Marketing Director (IMD) on or before the last day of the month to be qualified to earn the DreamHome Bonus. DreamCar Bonuses are paid to the representative monthly, on the fifteenth day of the month. A representative must have an active status on the last day of the monthly payment to be qualified to earn the DreamCar Bonus.
THE LOYALTY PROGRAMS OF WORLD VENTURES
“Dream a Difference”
The WorldVentures loyalty program help members to travel more frequently and quickly. Members will receive DreamTrips Points when they join and accumulate more each month, using them as DreamTrips rewards. WorldVenture’s DreamTrips rewards project helps travel by using their initial membership points or collecting points for more considerable DreamTrips savings.
Here are some of the sorts of projects WorldVentures support:
• WorldVentures build schools in Guatemala.
• They educate children in Thailand.
• Mend communities in Mexico.
• Provide travel insurance to the members.
• Access to curated experiences around the world.
• Amazing cruise specials will be rewarded to members.
• Discounts on things you do every day.
The VolunTours helps combine voluntary service with travel. VolunTours support the Boys & Girls Clubs in the United States of America. Their mission is to create positive transformations for children and their communities one at a time. Improve the quality of life for children and families worldwide when you become a member and book your VolunTour.
CONCLUSION
WorldVentures is a company that markets global travel-related products and experiences. WorldVentures focus on selling travel memberships that offer access to great attractive deals on hotels, food, vehicles and premium activity passes to their members for less cost. In addition, by signing up other members, they can gain points on each trip, which can be used on other vacation packages and rewards.
