What is Fortune Hi-Tech Marketing?
More popularly known as FHTM, Fortune Hi-Tech Marketing's claim to fame seems to be its vast spread of products. They have everything ranging from weight control products, satellite TVs, health and wellness products, long distance phone calls, cell phones, and a lot more. Unlike any other typical marketing company, this one aims to sell all at once, and while that may be a great solution for someone looking for a one stop answer, their business model has also raised some suspicions. As the famous saying goes- too many cooks, spoil the broth. Let us also add- too many dishes tend to ruin a meal. More recently, there have been reports of the company being a scam which is based on information from insiders.
Business Model of FHTM
So what is their business model? It's quite like any other networking company; someone refers you to join and in turn, you build a network. Initially, you need to sign up three people and if they manage to recruit other people to join, you earn from that. Also, those people whom you recruit would be referred to as your downline. As one can guess, the company's model is in accordance with their basic idea- that an average person, regardless of education, experience or current financial situation, can achieve his /her financial goals in life by becoming an FHTM business owner. In that regard- it is much like Amway's vision. Perhaps the best part about Paul Orberson's company is that unlike almost all networking companies that operate under gross deficiencies, FHTM was started as a 100% debt free company and has maintained that status since its launch.
Business Program
Fortune Hi-Tech Marketing came up with a strategy to bring together Fortune 500 companies that offer multiple products and services the mass population uses everyday on a regular basis. This allows independent representatives a chance to earn a passive residual income on services they are already using. The majority of people already are paying monthly for cellular phone service, satellite TV and Internet service...so FHTM's view is why not keep using these services and get a percentage of it back every month.
Marketing and Pay Plan
Most network marketing programs would give you products, training, and would leave you to yourself to sell what has to be sold. While that is the typical situation, Fortune Hi-Tech Marketing offers something else. With FHTM, you only sell through the internet and unlike most network marketing companies, which would give you more opportunities based on the more people you recruit, the business program of FHTM employs the "Stair Step Breakaway Program "; when people in your organization perform as good as you, they break away leaving you with no option but to recruit more people. Ouch!
Issues Related to Scams
If you join the company and manage to recruit other people, you are eligible for a 2% commission for all the products that get sold through your network. However, some sources would say that instead of the person at the top getting 2%, there is a variation in the amount of money one makes as the commission structure is distorted.
The Training Procedure
While the company comes with its membership and at times even product troubles, one of the greatest benefits of FHTM has been the internet marketing strategy that the company provides. Nonetheless, it mainly teaches its distributors to focus on promoting the business and not themselves, which is a major blow to people looking to establish themselves as leaders and as desirable sponsors. Even though FHTM has a vast array of products for the distributors to sell and make money from, it lacks the finesse in its training programs. Significant opportunity exists for FHTM to update and upgrade their training program which will add the force multiplier effect to the sales abilities of its members. Tracey Walker is an expert in showing others how to Succeed In Network Marketing no matter what your experience may be. Discover exactly how you can begin to generate 20-30 Fresh Network Marketing Leads for your business every single day for FREE!
More popularly known as FHTM, Fortune Hi-Tech Marketing's claim to fame seems to be its vast spread of products. They have everything ranging from weight control products, satellite TVs, health and wellness products, long distance phone calls, cell phones, and a lot more. Unlike any other typical marketing company, this one aims to sell all at once, and while that may be a great solution for someone looking for a one stop answer, their business model has also raised some suspicions. As the famous saying goes- too many cooks, spoil the broth. Let us also add- too many dishes tend to ruin a meal. More recently, there have been reports of the company being a scam which is based on information from insiders.
Business Model of FHTM
So what is their business model? It's quite like any other networking company; someone refers you to join and in turn, you build a network. Initially, you need to sign up three people and if they manage to recruit other people to join, you earn from that. Also, those people whom you recruit would be referred to as your downline. As one can guess, the company's model is in accordance with their basic idea- that an average person, regardless of education, experience or current financial situation, can achieve his /her financial goals in life by becoming an FHTM business owner. In that regard- it is much like Amway's vision. Perhaps the best part about Paul Orberson's company is that unlike almost all networking companies that operate under gross deficiencies, FHTM was started as a 100% debt free company and has maintained that status since its launch.
Business Program
Fortune Hi-Tech Marketing came up with a strategy to bring together Fortune 500 companies that offer multiple products and services the mass population uses everyday on a regular basis. This allows independent representatives a chance to earn a passive residual income on services they are already using. The majority of people already are paying monthly for cellular phone service, satellite TV and Internet service...so FHTM's view is why not keep using these services and get a percentage of it back every month.
Marketing and Pay Plan
Most network marketing programs would give you products, training, and would leave you to yourself to sell what has to be sold. While that is the typical situation, Fortune Hi-Tech Marketing offers something else. With FHTM, you only sell through the internet and unlike most network marketing companies, which would give you more opportunities based on the more people you recruit, the business program of FHTM employs the "Stair Step Breakaway Program "; when people in your organization perform as good as you, they break away leaving you with no option but to recruit more people. Ouch!
Issues Related to Scams
If you join the company and manage to recruit other people, you are eligible for a 2% commission for all the products that get sold through your network. However, some sources would say that instead of the person at the top getting 2%, there is a variation in the amount of money one makes as the commission structure is distorted.
The Training Procedure
While the company comes with its membership and at times even product troubles, one of the greatest benefits of FHTM has been the internet marketing strategy that the company provides. Nonetheless, it mainly teaches its distributors to focus on promoting the business and not themselves, which is a major blow to people looking to establish themselves as leaders and as desirable sponsors. Even though FHTM has a vast array of products for the distributors to sell and make money from, it lacks the finesse in its training programs. Significant opportunity exists for FHTM to update and upgrade their training program which will add the force multiplier effect to the sales abilities of its members. Tracey Walker is an expert in showing others how to Succeed In Network Marketing no matter what your experience may be. Discover exactly how you can begin to generate 20-30 Fresh Network Marketing Leads for your business every single day for FREE!
