Beachbody Coach Compensation Plan:
Two parts totally define the Beachbody Coach Compensation Plan. The first part is retail sales. Under the retail compensation plan for coaches, is very simple and pretty straightforward and very easy to understand.
A coach earns a 25% commission on any retail sale that they make. For example, if one coach makes a sale of P90X, whose maximum retail price is $120, then the coach will earn a 25% commission that would work out to be $30. So, if someone a Coach is able to sale up to 10 P90X in one week, then the coach would make $300 in that week.
It also happens many a times that a user reorders certain product for example Shakeology. The retail value of Shakeology is $120, so the commission to the Coach is same as P90X, $30. Now, if one customer reorders it the following month then the coach will earn another $30 as another commission.
The second part in Beachbody Coach Compensation Plan is, Team Cycle Bonuses. This compensation plan from Beachbody is a little complicated. It is actually pretty simple to grasp once one get to understand the terminology. Beachbody uses a binary compensation plan. It means that each coach has 2 legs that they build ‘wide’ and ‘deep.’
The most beneficial part of the Beachbody Coach Compensation Plan had to do with team cycle bonuses. If one coach has a large organization under his tree, then there are chances that he or she will be earning tens of thousands dollars in a month. The ‘Team Volume’ is a volume that is created by anyone within the organization that comes under any coach. The ‘Team Volume’ does not matter if one is sponsoring them or not.
To attain the Team Cycle Bonuses, a coach should be at the rank of Emerald or above. And, to be an Emerald in a chain, a Coach has to do personally sponsor 2 other active Coaches, one in each leg.
A Beachbody Coach will earn a cycle bonus, anytime there is a 300 ‘Team Volume’ points in their organization, with 200 being in leg one and rest of the hundred in another leg. Depending on the rank of the Coach, a cycle bonus is worth either $14 for an Emerald Coach or $16 for a Ruby Coach and $18 for a Diamond Coach. The $14 is for one individual cycle and it is also possible that the cycle flows numerous times a day, in which the cycle bonuses start to add up.
Team Beachbody Business Opportunity:
A Coach is able to build an organization that can go down to infinite levels. According to the company, there is no maximum amount of people a Coach can have in his or her team. However, depending upon the rank of the Coach, there comes a weekly maximum a coach can earn in cycle bonuses. Below are the weekly maximum amount a Coach can earn depending from their corresponding rank:
1. Emerald – $250/week
2. Ruby – $1000/week
3. Diamond – $2000/week
4. 1 Star Diamond – $3000/week
5. 2 Star Diamond -$4000/week
6. 3 Star Diamond -$5000/week
7. 4 Star Diamond – $6000/week
8. 5 Star Diamond – $7000/week
9. 6 Star Diamond – $8000/week
10. 7 Star Diamond – $9000/week
11. 8 Star Diamond – $10,000/week
12. 9 Star Diamond – $11,000/week
13. 10 Star Diamond – $12,000/week
Beachbody Business Motivation:
Any claims made in relation to Team Beachbody using some statistical data relating to their business activities should be considered different. There is one thing that Beachbody does right is by branding all of their products. With the extensive background in infomercial marketing, both the Beachbody and Team Beachbody website push the company’s fitness programs and at front provides nutritional supplements.
The affiliate side of the business presented as an afterthought, the official websites are slightly old dated but at the same time, it serves the purpose well. However, on the compensation plan side of things, Team Beachbody does not perform very well.
Beachbody’s top selling formation – shakeology meal replacement, is more than double the cost of the similar herbalife products. In fact, Shakeology makes it to the #5 preferred brands. Although the membership is cheap and is non-commissionable, which is a good start that challenges the pack. If someone is joining the company at a coach level then there are being persuaded to get their hands on the challenging packs. The team Beachbody has carved out its market at such a high price point because of their several marketing strategies.
The most important thing to understand just before starting out as a brand new Coach is that the majority of the money will be coming from the direct retail sales. As one grows in a team, the team cycle bonuses will start out. It is also important to understand for the new Coaches that everything is going to raise exponentially. So, at the early stages, growing a team will be more challenging.
As one bring new Coaches, they will start to bring new coaches after sometime and this will go on and on, and soon things can start to grow pretty fast. The only thing one has to keep in mind is takes to grow a team in the very beginning rather than focusing on themselves.
In analysis of Team Beachbody there is an important distinction to be made. The older infomercial side of the business should not confused with the other MLM side of the business as it can create confusion within the system. The two are entirely separate entities.
Under the US Securities and Exchange Commission offers, there are few guidelines to educate the consumers about the hallmarks of an illegal pyramid scheme:
1. No demonstrated revenue from retail sales
2. Buy-in required
3. Complex Commission Structure
4. Emphasis on Recruiting
5. No Genuine product or services
In addition to all the FTC warnings about how MLMs are not always legitimate. According to the America’s Securities and Exchange Commission describes, “Pyramid schemes cannot be sustained and always collapse eventually. When a pyramid scheme collapses, and it will since no program can recruit new members forever, most participants will find themselves at the bottom, unable to recoup their investment.”
So, before paying or signing for any MLM business opportunities one should take time to think over the prospects which the company should be following. The investments requires real money, so one should always take things very slow. If one sign up on the spot from the salesperson, then the best thing to do is, think twice over before investing further into the company.