IM Academy
IM Academy’s income model is a form of multi-level marketing (MLM). Accordingly, IM Academy uses an IBO network to distribute its wares to customers. They are not employees of IM Academy in any way, shape, or form. Sales of the Academy’s products result in commissions for these individuals, who are paid solely on commission through a multi-level marketing compensation structure. Through this program, they will receive a commission based on the overall sales price of the things they sell.
In addition to selling the Academy’s products and services, IBOs may build a sales team, often known as a “downline,” by recruiting other people to become IBOs. A further method of making the most of this opening. IBOs, like members of other MLM networks, may be compensated through commissions on the sales of their downline IBOs. However, Independent Business Owners (IBO) do not earn any money when they bring new IBOs to their team. Approximately 43,000 of the IBOs registered with the at the Academy are considered “active” at the present time.
To join the company as an Independent Business Owner (IBO), a one-time registration fee of $16.71 is due, followed by a recurring monthly payment of the same amount. The costs are for using the IM Academy’s back office to get help with IBOs. By signing up, Independent Business Owners (IBOs) can access a marketing website and a suite of business tools that help them run their Academy businesses and sell more products and services.
Independent Business Owners (IBOs) are crucial to the success of IM Academy because they drive product sales, find, sponsor, and train new IBOs, and provide essential support to existing IBOs (IBOs). An IBO’s primary duty is to bring on new Independent Business Owners (IBOs) and train them on the products and pay structure of IM Academy.
While the , including the internet, journals, sales and marketing materials, events, and training possibilities, this is still the case. IBOs can choose to operate only as sales agents if they’d like not to bring on any new IBOs. There is no requirement for a sponsor and no compensation for attracting new Independent Business Owners.
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