TraVerus Global Review: Is It Another MLM Scam?
TraVerus Global Review: Is It Another MLM Scam?
This review is all about Traverus Global. Are you wondering if this MLM company is legit or just a scam? Do you want to know if it can be a lucrative opportunity? Well, I suggest that you read this review in order to clear your doubts about it.
What is Traverus Global?
Overview
Product Name: Traverus Global
Owner: David Manning
Price to Join: Around $100
My Rating: 6.8 out of 10.0
TraVerus is a multi-level marketing company that allows people to book travel, access skill training, and buy health related products. The company doesn’t directly offer the services or products as they redirect them to websites of other companies when you try to buy something.
I found that Xstream Travel is the subsidiary of this company. Basically, Xstream Travel offers travel related services. There are also other companies that act as subsidiaries except Success Training Institute. Their main focus is on travel related services as suggested by its name. The founder of this company is David Manning and their current President is Larry Cantrell.
In this review, I will take a closer look at this company and try to determine whether this is a scam or not. This is based on my honest research about it. I recommend that you read the entire review before thinking about joining this company.
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Summary:
- How Does Traverus Global Work?
- How Much Does It Cost to Join?
- How Much Can You Earn?
- Are There Any Complaints?
- Bottom Line
How Does Traverus Global Work?
Let us take a look at the ways of earning based on the compensation plan of TraVerus Global. Basically, you will earn 75% of commission that is paid on all the travels that are booked online through your public travel portal.
The company will pay you 25% on all referral travel that is booked by corporate agents. You will also earn 5% of all the travel commissions that are earned by your personally enrolled consultants.
In simple words, you will earn 5% of all travel commissions that are earned by people that you bring into this business. There are coded bonuses as well that are paid starting from the third personal enrollment.
When you enroll your third person, then you will earn $20 or more as coded bonus. When that third person enrolls his first two people, then you will earn $20 on both of them. When those two people enroll their first two people, then you will earn $20 again on those four enrollees.
This will continue to infinite levels in your downline. These bonuses are paid on enrollment so your team needs to keep growing for you to earn this bonus continuously.
Matching rewards are earned on the coded rewards of your personally enrolled people. You will earn a 150% match on coded rewards or bonuses that are earned by your first two personally enrolled consultants.
If your first two consultants earn $20 as coded rewards, then you will earn $30. You will also earn a 100% match on coded bonuses that are earned by your personally enrolled third consultant or higher. So you will earn the exact amount of coded bonus by your fourth, fifth, sixth or higher number of consultants.
Before you can understand how the next bonus is paid, you have to understand the concept of the matrix.
A matrix is formed by recruiting four people and each level should have four times more people than the previous levels. It is limited to seven levels increasing by multiples of four. You will earn 10% bonus of the earnings of all the people from the matrix that you have personally enrolled.
You will also earn 8% bonus on the matrix related earnings of all the people that are coded to you. The coded people are those people on which the coded bonus is paid. There are other ways of earning money in this company, but you must already have a basic idea of the compensation plan by now.
How Much Does It Cost to Join?
I could not find the cost of joining on the website because you need to contact an Associate to join. But I must say that the cost of joining in TraVerus Global should not be too high and it should be less than or around $100.
On the other hand, you may have to pay an additional fee to get a duplicated website. Some companies charge an annual renewal fee and this company may do the same.
How Much Can You Earn?
TraVerus is mainly focused on travel services and therefore I will only focus on your expected earnings from selling their products. This is a multi-level marketing company and that is why most people will have a hard time in this business.
The only way to earn the maximum amount of money from any MLM company is through recruiting and advancing in the ranks.
The problem is that you will struggle to find people to recruit. Even if you find someone who joins this business, they might decide to leave in the long run. Your success is not dependent on you and this is one of the major drawbacks of the MLM business model.
Selling the services of this company is not going to be easy because there is a lot of competition and many people aren’t great at selling.
In most cases, people will fail to earn a full-time income and leave this business in the long run. However, some people may leverage their team and earn a huge amount of money.
Are There Any Complaints?
Yes, and I have listed some of the major concerns below.
- There is a lot of competition in the travel niche.
- The compensation plan gives high importance to recruiting.
Bottom Line
In my opinion, TraVerus is not a scam. They still offer some helpful ways on how you can start earning some extra cash.
On the other hand, I don’t think that you should join this company unless you are experienced in this field. The recruitment and selling part may not be suitable for those people who have no prior sales experience.
Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
How Can You Earn Money Online?
It seems like you want to join in TraVerus Global because you want to have a new source of income. It also feels like you want to achieve financial freedom by building your own business.
But let me tell you that this type of business not that easy. It requires skills on selling and recruiting in order to attain your maximum earning potential. Plus you also have to be patient and persistent because this is not a get rich quick scheme.
On the other hand, if you are still looking for a new and alternative source of income, then you can also take a look into my personal favorite choice. My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. What I like about it is that it doesn’t require any selling or recruiting.
Right now, I am on my second year in this type of business and I am already enjoying the fruits and results of my labor. So, I want to share my success with you.
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If you have more questions and concerns about Traverus Global, feel free to comment it below and I would be glad to interact with you.