The strategies and marketing tricks in the $15K Formula can be used in any business, and that is why people in the Empower Network are raving about the product.
There actually is a science to marketing online. There are several different phases of growth in your business and after you go through the Masters Course, you will know exactly where you are in your business, and you will have a game plan to reach your goals.
As the name suggests, this is a 12 hour video marketing series of
a retreat held in a 10,000 square foot home, overlooking the ocean near David Wood’s mountain home in Costa Rica.
(It covers) in detail the entire business structure of starting, maintaining, and growing an online information marketing empire.
Empower Network was launched in November 2011 with a suite number and street address in the US state of Florida on the company website. Heading up Empower Network are founders David Wood (CEO) and David Sharpe (President).
In mid 2011 (an affiliate driven MLM lead generation opportunity)
Sharpe was also in MLSP at the time and this is apparently where the two met. In mid 2011 Wood held a $2997 “event” in Costa Rica (where he lives) which Sharpe attended.
Although not officially referred to as such, this appears to be have been somewhat of a founders meeting and laid foundation for Empower Network, with the company launching just months later that same year.
In a Facebook Video Founder David Wood announced, Empower Network has filed for Bankruptcy. The company who in the past
Got down from $7 million per month to $300,000 per month.
Once the home of top leaders as Lawrence Tan, Shaqir Hussyin, Vick Strizheus, Justin Verrengia, Tracey Walker, Chuck and Christie Marshall, Aaron and Sophia Rashkin, Kevin Knecht, Tissa Godavitarne and many others.
Empower Network hosts one of the largest blogging communities and publishing platforms online in addition to providing educational training products and services to online marketers and start-up, home-based and small businesses. Empower Network offers a program through which affiliates can earn commissions off the sales of Empower Network products.
Headquartered in St. Petersburg, Fla., David Wood and David Sharpe founded Empower Network in 2011 to empower small-business owners to make money online without dealing with the technical, marketing, payroll and overhead challenges that frustrate many entrepreneurs and small-business owners.
Empower Network’s signature product is a viral blogging system geared toward helping its 30,000 affiliates and 70,000 members use the Internet to grow their businesses online, taking them from disenfranchisement to full self-empowerment through the use of blogs, direct sales and online marketing.
Dec 19th, 2012 at 11:28 am (Q)
You don’t own your blog at the Empower Network. You are adding content to their site. Honestly, it’s like renting a house and fixing it up for free and letting the landlord benefit from your hard work.
The guys who own the site, David Wood and David Sharp…they are the “landlords” and are profiting from your work.
But back to your content (what you write)…What if you end your subscription? You lose what you’ve done and Empower profits from it for many years to come. Or the site could go down.
WHAT HAPPEND?
The original Empower Network was a pyramid recruitment scheme...
http://behindmlm.com/companies/empower-network-review-customers-or-affiliates/
Empower Network is bankrupt, David Wood explains all?http://behindmlm.com/companies/empower-network/empower-network-is-bankrupt-david-wood-explains-all/
Empower Network was launched in November 2011 with a suite number and street address in the US state of Florida on the company website. Heading up Empower Network are founders David Wood (CEO) and David Sharpe (President).
In mid 2011 (an affiliate driven MLM lead generation opportunity)
Sharpe was also in MLSP at the time and this is apparently where the two met. In mid 2011 Wood held a $2997 “event” in Costa Rica (where he lives) which Sharpe attended.
Although not officially referred to as such, this appears to be have been somewhat of a founders meeting and laid foundation for Empower Network, with the company launching just months later that same year.
Update 6th December 2013 – In December 2013 Empower Network appointed Jonathan Cronstedt as CEO, with former CEO David Wood being assigned the role of Chairman.
Cronstedt appears to have more of an affiliate marketing background than MLM, having been previously involved in Digital Marketer (2013, e-learning), Kajabi (2012, digital publishing), Affiliate Awesomeness (2012, consulting), the Glazer-Kennedy Insiders Circle (2011, training and coaching), Traffic Geyser (2009, website traffic generation). Prior to that Cronstedt was employed in the finance sector (mortgages).
With no monthly membership fee attached to the Costa Rica video series, this equates to a simple $500 commission paid out per sale of the series.
Commissions on the sale of the video series follow the exact same perpetual 1-up style that the Blogging System and Inner Circle commissions are paid on.
First an affiliate must either buy the series themselves or sell it to a non-affiliate to qualify, and from there their second, fourth, sixth and every fifth sale thereafter it passed to their upline.
Joining Empower NetworkMembership to Empower Network as an affiliate is $19 a month.
ConclusionOut of the three tiers that make up the Empower Network compensation plan, the video series would appear to be the most viable in terms of sales to non-affiliates.
It’s a product that can’t be used to market the income opportunity directly, and relies on those purchasing it to actually feel there’s value in the series itself (assuming of course that affiliate’s aren’t just buying it to qualify themselves to earn $500 commissions by then trying to sell it to others).
According to Empower Network’s Earnings Disclosure statement however, over the last 30 calendar days (14th November to the 14th December 2012), 87% of their members made $499 or less.
With commissions for the video series coming in at $500, this means that by and large the overwhelming majority of commissions being paid out in Empower Network are coming from the Blogging System and Inner Circle tiers.
Both of these tiers can be stacked and they have ongoing monthly payments, which quite obviously, according to the Earnings Disclosure, appears to be a more attractive proposition for Empower Network’s affiliates.
Before we continue, let’s get the obvious out of the way first. It’s entirely possible to join Empower Network, pay your $19 affiliate fee, $25 for blogging commissions and $100 for inner circle commissions – and earn money solely by signing recruited affiliates up to these two tiers.
They pay their monthly fees and you continue to get paid. If they wish to earn anything then they have to recruit new affiliates and sign them on.
Due to the 5th sales being passed up company wide, money then trickles its way up. How fast depends on how wide the base of your downline is. As long as those at the bottom continue to recruit new affiliates and sign them up at the $25 and $100 tiers (or ideally both) though, sales will continue to trickle up.
For those who got in early with downlines in the thousands and the fact that everybody’s paying monthly membership fees, it’s then easy to work out where commissions of thousands of dollars are coming from.
The photo below was taken from an Empower Network event and shows founders David Wood (left) and David Sharpe with other top earners holding up giant checks: