Why is Global Wealth Trade a Huge Success in Africa?
Why is Global Wealth Trade a huge success in Nigeria?
MLM in Africa seems to be taking a new turn. Many network marketing or MLM companies have had a hard time getting a strong hold in most African countries.
However, one new Canadian upstart, Global Wealth Trade seem to be on the verge of changing that. Not too long ago 1,200 people attended a Global Wealth Trade summit in Abuja, Nigeria.
For Global Wealth Trade a direct sales/network marketing company in Nigeria, that was a monumental success. It was unprecedented, because that was the company first ever summit there.
What's the change? Well it seems that Global Wealth Trade's visual, elegance, luxury designer goods and its easy to understand yet powerful compensation plan may have created the catalyst for such success.
Nigerians as a whole are gravitating to the visually appealing opulence and the one of a kind Global Wealth Trade, compensation plan.
Mr. Ted Nuyten, publisher of the online newsletter Business For Home recently had a fireside chat with Mr. Ramin Mesgarlou, CEO and Founder of Global Wealth Trade whose company and products are creating waves in Africa.
Global Wealth Trade is such a huge success in Africa, where the company is currently in 15 countries that it caught the attention of Mr. Nuyten.
The following is an excerpt from that Fireside chat. Led by Nigeria, which is not a traditional MLM market, Global Wealth Trade is being embraced by the African continent.
At the beginning of this infamous chat, Ramin, thanked Mr. Ted Nuyten for his contribution to this great industry by:
*** Recognizing the great companies that are changing people’s lives and enhancing economies.
*** Exposing the many imposters who enter the greatest industry in the history of the world and hurt our work force for personal gain.
Why Global Wealth Trade is a Huge success in NigeriaThis is what Ramin, had to say to Ted's inquiry about what happened in Nigeria.
Ramin; “Well Ted, I think the normal GWT attributes such as Visual high glamour designer goods and the industry’s most rewarding distributor compensation comp plan, that has led our operation to 86 countries plays a strong role here however, the secret I believe is GWT’s exclusive FREE FLLOWING and VARIABLE compensation plan.”
Ramin, gave Ted, a cool and simplified explanation about “Profits and bottom line. He being a comp plan creator has made comp plans for 5 up start companies. Their CEO's approached him wanting him to create compensation plans for their start up companies.
Which was cool, soon refused his ideas of how comp plans should be structured. Their excuse was, "its TOO COSTLY to the corporation," so he was often asked to create a plan that creates what is called “breakage” by loading the plan with RANKS.
“Breakage” is simply commissions and bonuses that will not flow to the distributors because they did not meet the monthly qualifications or re-qualifications and those funds stay with the company.”
Ramin, went on to tell Ted, what he did to make an impact or changes to the industry.
He launch his own company Global Wealth Trade Corp, in 2005, since it was his he created a compensation plan with DISRIBUTOR MENTALITY and not a corporate mentality.
If you've ever heard of "the butterfly effect," what he sowed back then is what is been reaped today as to why GWT is embraced by the newly emerging markets where before, no other company had.
Ramin, contributes it to the fact "the new markets will not be able to sustain an advance RANK FILLED plans which results in members quitting shortly after launch and the momentum is short lived.
However Global Wealth Trade exclusive and revolutionary FREE FLOWING & VARIABLE compensation plan is free of the standard quo comp plan limitations, of restrictions & qualifications, the average person finally has a serious shot of earning long lasting income or even create wealth.
Apparently the people in these new emerging countries sees right through these attributes and that is why Global Wealth Trade as an opportunity is a huge MLM success in Africa.