WorldVentures was one of many first corporations we reviewed right here at BehindMLM.
Our authentic WorldVentures evaluation was printed in March 2011 and, so far as I can inform, for essentially the most half nonetheless holds up.
After eight years although and the current introduction of DreamTrips Titanium membership, a reader requested we revisit the corporate.
Learn on for an up to date evaluation of WorldVentures’ MLM alternative.
The Firm
WorldVentures continues to function within the MLM journey area of interest. The corporate is predicated out of Texas within the US.
Again in 2011 WorldVentures’ formation was credited to Wayne Nugent and Mike Azcue.
At the moment WorldVentures’ web site solely credit Wayne Nugent as founding father of the corporate.
In line with a February 2016 submit on WorldVentures’ official Fb web page, Azcue was “compelled out” following a managerial dispute.
I attempted to find a replica of the referenced electronic mail in that dialogue thread that Azcue allegedly despatched out, however got here up clean.
Nugent is joined by Dan Stamen, who’s credited as a WorldVentures’ co-owner and Chief of Enterprise Improvement.
Josh Paine serves as WorldVentures’ CEO.
Since our preliminary evaluation, WorldVentures has run into quite a lot of regulatory points.
In 2014 WorldVentures was declared a pyramid scheme in Norway, this regulatory discovering survived a number of appeals over 4 years.
In 2015 Malaysia declared WorldVentures an “unlawful enterprise”.
In 2018 Rwandan authorities issued a WorldVentures pyramid scheme warning.
In June 2019 Taiwanese authorities filed pyramid scheme prices towards WorldVentures and two executives.
There have been additionally quite a lot of extra investigations that both went nowhere or concluded behind closed doorways.
Unpaid commissions was additionally a recurring theme for WorldVentures all through 2018, nonetheless issues appeared to have since quietened down.
WorldVentures’ Merchandise
WorldVentures’ markets DreamTrips memberships.
DreamTrips memberships present journey and journey providers reductions, primarily by means of Rovia Journey.
Rovia Journey is owned by WorldVentures’ guardian firm, WorldVentures Holdings.
WorldVentures’ splits their DreamTrips memberships into three tiers.
DreamTrips Gold membership prices $143 after which $56.99 a month.
DreamTrips Gold gives primary entry to WorldVentures’ journey reserving engine.
DreamTrips Platinum membership prices $200 after which $99.99 a month.
DreamTrips Platinum provides entry to “elevated extras”, worth safety, superior reserving, extra reductions, a concierge service, journey advisers, and a telemedicine service.
DreamTrips Titanium membership prices $850 after which $149.99 a month.
DreamTrips Titanium provides entry to a “devoted concierge”, curated experiences, $2000 in constitution jet credit score, $1000 in constitution yacht credit score, a world visa service, “precedence entry” to “unique occasions”, room upgrades, golf course entry, day by day breakfast, early/late test in/out, most popular airport lounge pricing and Hertz Presidents Circle.
WorldVentures’ Compensation Plan
WorldVentures’ compensation plan revolves round promoting DreamTrips memberships to retail clients and recruited associates.
WorldVentures Affiliate Ranks
There are eleven ranks inside WorldVentures’ compensation plan.
Together with their respective qualification standards, they’re as follows:
- Energetic Consultant – join as a WorldVentures affiliate and proceed to pay affiliate charges (doesn’t qualify for MLM commissions)
- Certified Consultant – promote a minimum of 4 DreamTrips memberships to retail clients and/or recruited associates
- 1 Star Consultant – promote a minimum of six DreamTrips memberships to retail clients and/or recruited associates (positioned three on each side of the binary staff)
- 2 Star Consultant – promote a minimum of twelve DreamTrips memberships to retail clients and/or recruited associates (positioned six on each side of the binary staff)
- 3 Star Consultant – promote a minimum of twenty-four DreamTrips memberships to retail clients and/or recruited associates (positioned twelve on each side of the binary staff)
- Senior Consultant – promote a minimum of sixty DreamTrips memberships to retail clients and/or recruited associates (positioned thirty on each side of the binary staff)
- Director – promote a minimum of 100 and eighty DreamTrips memberships to retail clients and/or recruited associates (positioned ninety on each side of the binary staff), and have 140 retail clients and/or recruited associates in your unilevel staff
- Advertising Director – have a minimum of 4 hundred retail clients and/or associates in your unilevel staff (not more than 200 counted from anybody leg), and have earned a minimum of $6750 over the previous three calendar months
- Regional Advertising Director – have a minimum of 9 hundred retail clients and/or associates in your unilevel staff (not more than 300 counted from anybody leg), and have earned a minimum of $15,750 over the previous three calendar months
- Nationwide Advertising Director – have a minimum of one thousand eight hundred retail clients and/or associates in your unilevel staff (not more than 600 counted from anybody leg), and have earned a minimum of $31,500 over the previous three calendar months
- Worldwide Advertising Director – have a minimum of three thousand eight hundred retail clients and/or associates in your unilevel staff (no multiple thousand counted from anybody leg), and proceed to earn a minimum of $31,500 over the previous three calendar months
Be aware that DreamTrip memberships have to be maintained to ensure that retail clients and/or recruited associates to rely in the direction of qualification.
A unilevel staff is a compensation construction that locations an affiliate on the prime of the construction.
Each personally recruited affiliate positioned instantly beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
This unilevel staff construction is used for qualification standards for Advertising Director and better.
Weekly Workforce Bonuses
WorldVentures associates Certified Consultant and better ranks to Regional Advertising Director qualify for Weekly Workforce Bonuses.
Weekly Workforce Bonuses are paid out through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are crammed through direct and oblique recruitment of associates. Be aware there is no such thing as a restrict to how deep a binary staff can develop.
The Weekly Workforce Bonus is calculated based mostly on gross sales credit, that are generated when retail clients and recruited associates initially join DreamTrips memberships.
Be aware that WorldVentures don’t present gross sales credit score values of their compensation plan materials.
For each 1.5 gross sales credit matched on each side of the binary staff, an “as much as $50” Weekly Workforce Bonus is paid out.
Retail buyer credit may also be “balanced” throughout each side of the binary staff, with a purpose to maximize bonus payouts for the week.
Be aware that in lieu of an “as much as $50” bonus, each sixth bonus is paid out as 50 TravelDollars (journey providers credit score).
One “as much as $50” Weekly Workforce Bonus is known as a cycle.
If a WorldVentures affiliate qualifies for 3 or extra cycles in per week, these first three cycles are doubled.
Be aware that this triple bonus cuts out on the Nationwide Advertising Director rank.
How a lot a WorldVentures affiliate can earn in Weekly Workforce Bonuses is capped based mostly on rank:
- Certified Consultant to Director – $2000 per week
- Advertising Director – $5000 per week
- Regional Advertising Director – $10,000 per week
- Nationwide Advertising Director – $20,000 per week
- Worldwide Advertising Director – $25,000 per week
Residual Commissions
WorldVentures pays residual commissions on month-to-month DreamTrips membership charge funds.
Residual commissions are paid out utilizing the identical binary staff and gross sales credit score mannequin as Weekly Workforce Bonuses above.
Residual commissions are paid on generated gross sales credit tied to month-to-month DreamTrips membership charge fee.
Once more, WorldVentures don’t present gross sales credit score values of their compensation plan materials.
Whereas Weekly Workforce Bonuses are paid out based mostly on a 1.5 credit score match cycle, residual commissions are generated for each 3 credit match on each binary staff sides.
For every 1.5 credit score match generated every month, associates obtain “as much as $15”.
How a lot a WorldVentures affiliate can earn in residual commissions every month is set by rank:
- 3 Star Representatives earn $8 per 1.5 credit score match cycle, capped at $150 a month
- Senior Representatives earn $10 per 1.5 credit score match cycle, capped at $500 a month
- Administrators earn $15 per 1.5 credit score match cycle, capped at $2000 a month
- Advertising Administrators earn $15 per 1.5 credit score match cycle, capped at $5000 a month
- Regional Advertising Administrators earn $15 per 1.5 credit score match cycle, capped at $10,000 a month
- Nationwide Advertising Administrators earn $15 per 1.5 credit score match cycle, capped at $20,000 a month
- Worldwide Advertising Administrators earn $15 per 1.5 credit score match cycle, capped at $50,000 a month
As with the Weekly Workforce Bonus, retail buyer membership gross sales credit are used to “steadiness” gross sales credit throughout each binary groups if obtainable.
Bonus Binary Workforce Positions
WorldVentures associates qualify for a further binary place in the event that they earn $25,000 a month from their present place.
Binary staff positions are used to calculate the Weekly Workforce Bonus and residual commissions.
Wings and Wheels Way of life Bonus
The Wings and Wheels Way of life Bonus is a three-tier bonus, by means of which WorldVentures associates can obtain as much as $1000 a month.
- Tier 1 ($200 a month) – promote and preserve 4 DreamTrips membership to retail clients or recruited associates and generate 1600 GV a month
- Tier 2 ($500 a month) – promote and preserve 5 DreamTrips membership to retail clients or recruited associates and generate 4000 GV a month
- Tier 3 ($1000 a month) – promote and preserve six DreamTrips membership to retail clients or recruited associates and generate 10,000 GV a month
Be aware that the Wings and Wheels Way of life Bonus stops on the Regional Advertising Director rank.
DreamCar Bonus
Regional Advertising Director and better ranked WorldVentures associates qualify for the DreamCar Bonus.
The DreamCar Bonus is paid out month-to-month in response to rank:
- Regional Advertising Administrators obtain $1000
- Nationwide Advertising Administrators and Worldwide Advertising Administrators obtain $1500
DreamHome Bonus
Worldwide Advertising Director ranked WorldVentures associates qualify for a $3000 a month DreamHome Bonus.
The DreamHome Bonus have to be put in the direction of a equipped finance settlement.
Becoming a member of WorldVentures
WorldVentures affiliate membership prices should not disclosed on their web site.
My unbiased analysis suggests WorldVentures affiliate membership prices $99.95 after which $10.99 a month.
Conclusion
The only largest regulatory downside WorldVentures has had over the previous eight and a half years has been extra associates buying DreamTrips than retail clients.
WorldVentures themselves don’t publish official figures. The Norwegian Gaming Board investigation nonetheless revealed that 95% of DreamTrips membership holders in Norway have been additionally associates.
Given WorldVentures’ compensation plan hasn’t modified all that a lot through the years and that there wasn’t something explicit distinctive about Norway, it’s extremely probably that determine continues to be pretty correct company-wide at the moment.
And it is a downside, as a result of an MLM firm that primarily generates income from associates operates as a pyramid scheme.
Central to WorldVentures’ regulatory compliance points is their said “distinction between representatives (associates) and clients”:
To know the WorldVentures Compensation Plan, it is very important perceive the excellence between Representatives and Prospects.
Representatives promote WorldVentures merchandise to Prospects.
A Buyer is an finish client of our DreamTrips household of membership merchandise.
That really seems like WorldVentures doesn’t rely affiliate DreamTrips’ purchases as “clients”.
Scroll to the top of the documentation although and there’s this buyer definition:
Buyer – An individual who purchases WorldVentures membership merchandise for private use.
A Buyer may be a WorldVentures Consultant who purchases WorldVentures membership merchandise for private use.
A lot for “the distinction” between Representatives and Prospects.
If WorldVentures have been severe about compliance, they’d truly
- differentiate retail clients from associates; and
- require associates to enroll and preserve 4 retail DreamTrips members, versus *winkwinknudgenudge* clients.
Given affiliate income might be in extra of 90% of company-wide income although, why they don’t implement the above ought to be apparent.
Will an $850/$149.99 a month Titanium membership convey up retail buyer numbers?
In all probability not.
If WorldVentures’ authentic DreamTrips memberships have been retail viable, the affiliate ratio in Norway shouldn’t have been anyplace close to 95%.
If something, based mostly on adoption, DreamTrips Titanium may skew company-wide income in the direction of associates even additional.
Greenback for greenback, DreamTrips Titanium is value over 4 Platinum and just below six Gold memberships.
The excellent news is that affirmation of how WorldVentures is being run on a micro degree is straight ahead.
All that you must discover out is what number of lively retail DreamTrips memberships your potential upline has, versus recruited associates with memberships.
Be cautious of makes an attempt to move off inactive associates as retail clients. They’re not.
I’d prefer to have been capable of say WorldVentures has modified since our 2011 evaluation – however that’s not the case.
They’ve buried the core enterprise mannequin but it surely’s nonetheless join as an affiliate, take out a DreamTrips membership and recruit others who do the identical.
That’s wasn’t sustainable in 2011. Isn’t sustainable now and gained’t be any time sooner or later.
With the US making up 35% of site visitors to WorldVentures’ web site (Alexa), I’d even go as far as to say an FTC investigation is lengthy overdue.
Replace twenty third December 2020 – WorldVentures filed for Chapter 11 chapter on December twenty second, 2020.