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The following article was published in our article directory on August 1, 2014.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business
Author Name: Mike Mingos
OlympicIdea is an innovative new program that blends Affiliate marketing with Multi-Level marketing rules and it seems very interesting because it really has a product with value that the users can transform in a wonderful tool, according to their needs.
In most MLM companies, you have a product or service that you can not change or adopt it to your needs ... well with Olympic Idea you can adjust the tool to cover your market needs.
OlympicIdea's master plan is to connect consumers with Small or Medium Enterprises and with Business owners. On the other hand, business owners are in desperate need for advertising and tools to penetrate into the Internet.
That's exactly where OlympicIdea fits into the situation to adjust the relationship between consumers and business owners.
Let's make a pause here and watch the 9 minute video that explains OlympicIdea compensation plan:.
The company offers to the business owners the following tools:.
A simple one-page website that is very easily configured within 10 minutes.
A basic version of an e-shop, where the business owner can promote his products/services and receive orders by email.
The ability for business owners to offer a permanent discount to OlympicIdea members, which they can change any time.
The ability to post Deals & Offers (as many as they like) and activate or deactivate them at any given time.
The ability for the business owner to create a banner (Slide) that will be shown daily to OlympicIdea members.
Reall innovative ways of advertising product and/or services.
All these tools can be purchased at an extra low price of 160$ / year.
On the other hand the company offers 3 kinds of membership to its clients. A monthly, a quarterly and an annual subscription can be paid in order for the member to be eligible to have 2 very important services:.
Access to a wide variety of offers, discounts and deals from registered merchants and companies.
The ability to be able to expand the community of merchants and members and be paid for that, commissions that can get as high as 90 % of the payments of members and business owners. In other words, Olympic Idea has one of the most lucrative compensation plan with payout of about 90 %.
All these can be accessed with one of the following subscriptions:.
Monthly fee: 28$.
Quarterly fee: 84$ (start in the Silver Rank and earn 60$ commission, per business you enroll).
Annual fee: 336$ (start in the Platinum Rank and earn 130$ commission, per business you enroll).
Lets analyze the compensation plan, for the ones that like numbers:.
Olympic Idea Compensation Plan:.
Members can be affiliates of OlympicIdea at no extra cost and they can earn commissions either for introducing new members or by selling our services to Merchants & Businesses.
A. Commissions for reselling the tools to business owners.
Members that reach the rank of Silver (either by 6 personal direct registrations of members or by paying the quarterly subscription) are eligible for 60$ affiliate commission that is paid every single time the business owner pays the company.
Members that reach the rank of Platinum (either by introducing 10 new members o by paying the annual subscription) are eligible for 130$ affiliate commission that is paid every time the business owner pays the company.
B. Commissions for introducing new members.
I. Get 3 and you are free bonus.
If you have 3 active personal direct registrations of members, then you get 28$/ month, which means that you don't pay for your subscription any more, for as long as you maintain 3 active personal members.
II. Ranks.
Depending on the personal direct intruduced memebrs the company awards you the following ranks:.
Active member: Up to 2 personal direct registrations.
Bronze: 3 personal direct registrations.
Silver: 6 personal direct registrations.
Platinum: 10 personal direct registrations.
Sapphire: 20 personal direct registrations.
Emerald: 50 personal direct registrations.
Diamond: 100 personal direct registrations.
III. Matrix Bonus.
The company operates in a 3 x 8 matrix multi-level marketing system. When you enter the company you reserve your own position in the matrix. Every position have 3 direct positions that can be filled by you, and you can be paid up to level 8, by people above or below you. This is done in order for the matrix bonus to be paid.
In the beginning you can be paid up to level 5 without personal direct registrations of members and the levels of payment unlock as you advance in ranks.
Every position occupied in the matrix which relates to an active member (a member that has an active subscription at the current month), pays you 1$.
When someone is awarded the rank of:.
Silver: The payments of 6th level in the matrix unlock.
Platinum: The payments of 7th level in the matrix unlock.
Sapphire: The payments of 8th level in the matrix unlock.
IV. Matching bonus.
If you are Bronze level or higher, for every direct member you itroduce to OlympicIdea you deserve a matching bonus. You are eligible for up to 50 % matching bonus on the members you personally enroll:.
Active member: No matching bonus.
Bronze: 10 % matching bonus on all direct referrals.
Silver: 20 % matching bonus on all direct referrals.
Platinum: 30 % matching bonus on all direct referrals.
Sapphire: 40 % matching bonus on all direct referrals.
Emerald: 50 % matching bonus on all direct referrals.
Diamond: 50 % matching bonus on all direct referrals.
V. Appreciation Bonus.
For every active member that someone enrolls after the 3rd, he is paid a montly commission of 7$ for as long as the member pays his membership.
VI. Leadership Bonuses.
The 3 last Ranks offer an extra Leadership bonus (a bonus that applies in someones enroller tree-- all the people that introduced to OlympicIdea because of him and his direct members) which can be explained like this:.
Sapphire: In this rank, someone is paid an extra 1$ for every active position of his enroller tree until a Sapphire is met.
Emerald: In this rank, someone is paid an extra 1$ for every active position of his enroller tree until a Diamond is met.
Diamond: In this rank, someone is paid an extra 1$ for every active position of his enroller tree until a Diamond is met.
VII. Car Bonus.
Members that have a team consisting of 20 active direct members and an Enroller tree of over 300 members, is eligible of a bonus of 300$ / monthly for as lons as these requirements are met.
VIII. Payment Dates.
Olympic Idea pays its members in the end of every month.
Is Olympic Idea available in my country & when everything will be ready for launch?
OlympicIdea started in January 15, 2014 in pre-launch and at the time being, only annual subscriptions (336$) were available. The first market that OlympicIdea targets is Greece, but soon other countries will follow, due to the fact that the system is easily transferable to any country. The Information system of the company is in English and soon Greek will be added, but depending on the interest other countries will open soon.
OlympicIdea's master plan is to connect consumers with Small or Medium Enterprises and with Business owners. Every position have 3 direct positions that can be filled by you, and you can be paid up to level 8, by people above or below you. This is done in order for the matrix bonus to be paid.
OlympicIdea started in January 15, 2014 in pre-launch and at the time being, only annual subscriptions (336$) were available. The first market that Olympic Idea targets is Greece, but soon other countries will follow, due to the fact that the system is easily transferable to any country.
Want to learn more? Then contact me:
Mike Mingos
- Skype: mike.mingos
Keywords: olympic idea, olympicidea, olympic idea mlm, mlm prelaunch, olympic idea affiliate, affiliate marketing, prelaunch 2014
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