Posts Tagged ‘MLM Business’

ILearning Global Makes Changes In Its Business Model

Sales and business leadership and development can easily be fit into any schedule using the iLearning Global membership website. Downloadable audio, e-books and videos are accessible to members all day and all night, seven days a week. Members learn from some of the best in the business; Alex Day, Tony Alessandra and Brian Tracy are three of the top lecturers available at iLearning Global.

The company began business as a multi-level marketing company. Unfortunately, changes in the marketplace since that time have made it necessary for the company to alter their business model to a more traditional retail style. The change-over took place on March 17, 2010. Current independent marketers for the company can be grandfathered into the new program at a reduced monthly rate.

When iLearning Global opened for business, the market was quite different. Many of the features that made the company stand out amongst the many other online learning websites included the vast amount of content, the high-definition streaming of the video classes and the fact that people had more discretionary spending money and were willing to pay for online community memberships.

Today high-definition streaming is becoming commonplace, people have much less discretionary spending money, online communities are free or very low cost and authors and speakers are giving away a great deal of free content at their own sites. All of these factors contributed to the changing business model.

Had the company remained with the multi-level marketing model, the company would have disappeared from the marketplace in a short time. The compensation plan made it especially difficult for the company to be competitive. To keep the company alive meant doing away with the MLM side of the business.

In place of the old package, the company has developed a much broader new package, which came out on March 17, 2010. This new program puts the company in a better strategic position to capture the global market For $59.95 per month, a member of the iLearning Global community has access to DailySuccessStream, the professional development portal, to the EDGE business training website and to the mastermind community, Premium.

On these sites, members will find social and business networking with an interface similar to the one used by Facebook. Members will be able to learn from some of the top experts in sales and business and participate in virtual events.

Ending the multi-level marketing model was a difficult decision, but one that had to be made in the best interest of the company. Final commissions to independent marketers will be paid on March 31, 2010. The new membership package will have an up-to-date look and feel. These changes will secure the position of iLearning Global in the online learning market.

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