My World Plus – My own results and conversion rates

January 26, 2010 by Suzanne · 2 Comments 

I’ve been a member of My World Plus now for almost 6 months and I usually make an appearance each month on the leader board, somewhere in the top 15. I’ve also made a fairly decent number of commissions so far as you can see from my recent MyWorldPlus commission screenshot.

A lot of people have been asking me where my signups come from AND what my conversion rate it, so today I’m going to list all my sources here and what the conversion rate has been from each source.

The biggest piece of advise that I can give you is – if you want to succeed in any business opportunity you MUST have your own website and you MUST use this website to build a list. I started my own Home Business Ideas website back in 2004 and this, along with the list that I have been building is the main reason that I have been successful with business opportunities and affiliate programs. Click here to learn more about building your own website.

Ok, here are the places that I get my signups from along with the total percentage that have upgraded after pre-enrolling from these places:

  1. Initial Email broadcast to my list - this was the very first email I sent to my list about My World Plus. If you have a list, the first thing you should do is email them and if you don’t know what to say, send me an email and I will email you some sample emails to use. When I emailed my list for the first time, 161 people pre-enrolled in MyWorldPlus and 32 of them upgraded to a full member. Conversion rate = 19.8%
  2. Follow Up Broadcast to my list – a week later I sent a follow up email. Many people will only take action if you email them more than once.  After this email an additional 41 people pre-enrolled and 9 upgraded. Conversion rate = 21.9%
  3. My Home Page – I recommend My World Plus on the home page of my http://www.HomeBiz-Direct.com website. So far this has resulted in 133 pre-enrollees and 8 upgrades. This is no where near as good as the conversion rate for my list, so it just goes to show how important it is to build a list and a relationship with that list. Conversion rate = 6%
  4. My Thank You Page – When someone signs up to my newsletter they immediately see a thank you page which advertises My World Plus. So far this has resulted in 83 pre-enrollees and 5 upgrades. Conversion rate = 6%
  5. My Bonus Page – When someone signs up to my newsletter and confirms there email address they are taken to a bonus page which also lists my top business opportunities.  So far this has resulted in 10 pre-enrollees and 3 upgrades. Conversion rate = 30%
  6. My Review – I wrote a review of My World Plus on my blog and optimized it, so it appears on page one of Google when someone searches for “Review of My World Plus”. This has resulted in 28 pre-enrollees and 7 signups. If you haven’t written a review yet, you should write one now! Conversion rate = 25%
  7. Plug-In Profit Site – I promote the Plug-In Profit Site by Stone Evans. This includes My World Plus as one of the programs and has resulted in 68 pre-enrollees and 11 signups. Conversion rate = 16.2%
  8. Follow Up Messages – I have two follow up messages in my autoresponder that recommend My World Plus to the subscribers to my list. This has resulted in 48 pre-enrolles and 14 upgrades. Conversion rate = 29.1%
  9. Misc Places on my Websites – I also promote My World Plus on miscellaneous places on my Home Business website and other blogs and sites. This has resulted in 156 pre enrollees and 18 signup. Conversion rate = 11.5%
  10. Bought Leads – I am currently testing some purchased leads. You can read more about this in my post about Buying My World Plus Leads. This experiment hasn’t concluded yet, but the conversion rate is currently a big fat 0%.

I hope this helps to give you some ideas on what works best when marketing My World Plus. In general I find that My World Plus converts very well, without much effort on my part to close the sale.

My World Plus Compensation Plan

October 18, 2009 by Suzanne · Leave a Comment 

It can be difficult to understand compensation plans for multi level marketing companies. I’ve been a member of a few such companies and my head is usually spinning after I have read the compensation plan!

My World Plus is nowhere near as complicated as some other companies, but it still took me a fair amount of listening to training calls and reading the pay plan details to come close to understanding it.

I’m going to summarize the pay plan of My World Plus here, but to really understand it you need to listen to the training call and read over the Pay Plan details yourself. If you are considering joining MWP, you can register as a pre-enrollee for free here, then login and click on the link on the left menu that says “Pay Plan”.

In summary, the MyWorldPlus commission plan works like this:

Rank Advancement (Star Ratings)

To understand the Pay Plan you need to know a little bit about star ratings. In My World Plus there are 5 different ranks:

  • 1 star – Refer 3 members
  • 2 stars – Refer 10 members OR help 3 of your personally enrolled members to achieve a 1 star
  • 3 stars – Refer 50 members OR help 3 of your personally enrolled members to achieve a 2 star
  • 4 stars – Refer 100 members OR help 3 of your personally enrolled members to achieve a 3 star
  • 5 stars – Refer 500 members OR help 3 of your personally enrolled members to achieve a 4 star

The higher you rank, the more you get paid and you can achieve your rank either by enrolling lots of members by yourself, or by enrolling just a few members and helping them to enrol others!

Fast Start Bonuses:

If you sign another person up to MWP you get a fast start bonus of $25. This is paid within one week. There are actually 4 generations of fast start bonuses. The 2nd, 3rd and 4th levels are $8, $5 and $3 and you get these when people who you have personally referred refers someone else. E.g. if you sign up Peter, you get $25. If Peter signs up Mary, you get $8. If Mary then signs up Paul, you get $5.

Monthly Residual Commissions:

You get a commission from people who joined MWP after you (regardless of whether you signed them up or not).  The number of levels and the percentage commissions from each level varies depending on your rank. If you have not achieved rank (i.e. you have referred less than 3 people to MWP you will still get between 2 & 5% commissions on the first five people below you. As you achieve rank by referring more people, your commissions increase and the number of levels that you are paid on also increases.

Monthly Bonuses

Monthly bonuses are paid to all members who have achieved ranks. The bonuses are 10% of the company wide profits and are split between members who achieve a rank (1 star, up to 5 stars).  For example, if you are a 1 star 35% of the bonus pool is split between all 1 star ranking members.

You can see an up to date screenshot of my own commission statement from My World Plus.

This is just a basic summary of the commission plan. To understand it properly you need to login and spend some time studying it.