Seeing as this is my first post and PYXISM is still in launch mode, it has not really become operational as a MLM business yet, so I thought it would be a good place to explain some of the reasons why I chose PYXISM. Before I get to that, I'll spend a bit of time explaining what PYXISM is as this will provide the context for the next part of this post.
A brief overview of the Company
PYXISM is a US-based Company that was founded in November 2009, and is wholly owned by Lloyd Wilson. It was in pre-launch until January of 2010 and during that short period of time, it has created so much buzz that almost a thousand associates already registered. Lloyd prefers this title over others such as affiliate or independent representative, because it instills a sense of belonging and teaming, which is in line with what he is trying to achieve with this company.
The purpose of PYXISM is to create a convergence between discounted travel, home-based business, and the internet. The company is targeted to the baby-boomer demographic because of their sheer numbers, tendency to travel, disposable income, and the likelihood of increased demand for travel products as they enter their retirement years. As a result, PIXISM will be a fully licensed, certified and online provider of Travel packages while offering a unique Network Marketing Opportunity.
So here are my reasons for joining PYXISM, and they are not in any particular order :
Getting in on the ground floor - I struggled with this one because I can argue both sides of this opportunity. On the one hand, getting in at the start of a MLM business, gives you good positioning to cycle faster as the organization grows beneath you with the push of the buzz and the early frenzy of new subscribers coming on board. As an organization matures, the growth rate stabilizes, so the opportunity to earn cycling bonuses naturally slows as well. While startup is really an exciting time, it is also an uncertain time. Some materials may not be ready, back office support may be shaky or in process of getting set up, and bugs are getting ironed out in the systems and procedures. This is par for the course, but, on top of that, you also have to consider that it is a new company and product - it is pretty speculative at this point on several fronts; the company is not proven, the product sales are forecasts, the compensation structure and plan is theoretical, although some features were replicated from other plans. So as you can see, there is a bit of risk involved. Is the payoff of the initial wave more significant than the risk? I estimate in this case that it is because the management and leaders have proven previous track records in MLM, the comp plan is designed to promote the right behaviors (I'll write more about this in my next point), and the product is not really new at all, just a new distribution channel.
The compensation structure - Lloyd Wilson, the founder of PYXISM, has been a successful Network Marketing Executive for the last two decades, but he was never happy with the way the compensation structures were built. He had a vision to design a structure that promoted team-building and long-term team benefit, as opposed to rewarding only the few elites to the detriment on their downlines. This visionary structure is called a True Follow-Me Matrix whereby a team remains intact and follows the sponsor as they move up and cycle out and back into a new matrix. In addition, each matrix has only 14 positions to fill before there is a payout, so the speed of compensation cycling is much quicker than other matrices that typically have 24 or more positions. A further team-building feature is the ability to help your entire team cycle faster by filling spots through spill-over and spill-under, so the top performers are rewarded for their efforts, but the entire team also benefits. If you would like to learn the finer details of the PYXISM compensation plan, register for a free webinar here. Once you're on the site, just scroll to the bottom of the page, and click to see the Opportunity Presentation. You will also have a choice to see a pre-recorded one, but I warn you, Lloyd is passionate about this topic and is an expert, so he goes in great detail in this early recording - as a result, he is regularly ribbed by the PYXISM associates for creating a 2-hour long webinar...
No product sales requirement - With PYXISM, there are no health products, juices, vitamins, cosmetics, or whatever else to sell. However, the PIXISM business model does provide for associates to develop several revenue streams and there are plans to grow this even more. In addition to the bonuses earned for recruiting, associates can run their own Fully Licensed Travel Portal and earn commissions on those sales. Details of this are not yet released but it will be an exciting additional way to supplement income and attract potential prospects. That said, there is absolutely no requirement to sell, other than to recruit at least two downline associates in the matrix to be eligible for payout. This to me was a huge factor because I hate sales....kind of funny, coming from a marketing coach, isn't it! But as you probably know, with effective marketing, you don't need to sell - the selling is done for you...
And last but not least,
No monthly fees and low startup costs - In line with the absence of sales or autoships, subscriptions fees for associates are charged annually ($25) and there is a one-time startup cost of $300. This is very reasonable considering the earnings potential and I believe this low entry fee will actually be a major contributor to the popularity and rapid growth of this company.
Plus, there is also this feature I couldn't resist - Upon registering, new associates get to choose a free travel package valued at $300 and also earn additional travel packages of increasing value each time the cycle out of their matrix. That could mean several packages a year! So if you love to travel, like I do, you may really benefit from this, and if you prefer not to, or you have other obligations, these bonuses are transferable.
So that's it. Considering all these elements, I decided PYXISM was the right Network Marketing opportunity for me.
A brief overview of the Company
PYXISM is a US-based Company that was founded in November 2009, and is wholly owned by Lloyd Wilson. It was in pre-launch until January of 2010 and during that short period of time, it has created so much buzz that almost a thousand associates already registered. Lloyd prefers this title over others such as affiliate or independent representative, because it instills a sense of belonging and teaming, which is in line with what he is trying to achieve with this company.
The purpose of PYXISM is to create a convergence between discounted travel, home-based business, and the internet. The company is targeted to the baby-boomer demographic because of their sheer numbers, tendency to travel, disposable income, and the likelihood of increased demand for travel products as they enter their retirement years. As a result, PIXISM will be a fully licensed, certified and online provider of Travel packages while offering a unique Network Marketing Opportunity.
So here are my reasons for joining PYXISM, and they are not in any particular order :
Getting in on the ground floor - I struggled with this one because I can argue both sides of this opportunity. On the one hand, getting in at the start of a MLM business, gives you good positioning to cycle faster as the organization grows beneath you with the push of the buzz and the early frenzy of new subscribers coming on board. As an organization matures, the growth rate stabilizes, so the opportunity to earn cycling bonuses naturally slows as well. While startup is really an exciting time, it is also an uncertain time. Some materials may not be ready, back office support may be shaky or in process of getting set up, and bugs are getting ironed out in the systems and procedures. This is par for the course, but, on top of that, you also have to consider that it is a new company and product - it is pretty speculative at this point on several fronts; the company is not proven, the product sales are forecasts, the compensation structure and plan is theoretical, although some features were replicated from other plans. So as you can see, there is a bit of risk involved. Is the payoff of the initial wave more significant than the risk? I estimate in this case that it is because the management and leaders have proven previous track records in MLM, the comp plan is designed to promote the right behaviors (I'll write more about this in my next point), and the product is not really new at all, just a new distribution channel.
The compensation structure - Lloyd Wilson, the founder of PYXISM, has been a successful Network Marketing Executive for the last two decades, but he was never happy with the way the compensation structures were built. He had a vision to design a structure that promoted team-building and long-term team benefit, as opposed to rewarding only the few elites to the detriment on their downlines. This visionary structure is called a True Follow-Me Matrix whereby a team remains intact and follows the sponsor as they move up and cycle out and back into a new matrix. In addition, each matrix has only 14 positions to fill before there is a payout, so the speed of compensation cycling is much quicker than other matrices that typically have 24 or more positions. A further team-building feature is the ability to help your entire team cycle faster by filling spots through spill-over and spill-under, so the top performers are rewarded for their efforts, but the entire team also benefits. If you would like to learn the finer details of the PYXISM compensation plan, register for a free webinar here. Once you're on the site, just scroll to the bottom of the page, and click to see the Opportunity Presentation. You will also have a choice to see a pre-recorded one, but I warn you, Lloyd is passionate about this topic and is an expert, so he goes in great detail in this early recording - as a result, he is regularly ribbed by the PYXISM associates for creating a 2-hour long webinar...
No product sales requirement - With PYXISM, there are no health products, juices, vitamins, cosmetics, or whatever else to sell. However, the PIXISM business model does provide for associates to develop several revenue streams and there are plans to grow this even more. In addition to the bonuses earned for recruiting, associates can run their own Fully Licensed Travel Portal and earn commissions on those sales. Details of this are not yet released but it will be an exciting additional way to supplement income and attract potential prospects. That said, there is absolutely no requirement to sell, other than to recruit at least two downline associates in the matrix to be eligible for payout. This to me was a huge factor because I hate sales....kind of funny, coming from a marketing coach, isn't it! But as you probably know, with effective marketing, you don't need to sell - the selling is done for you...
And last but not least,
No monthly fees and low startup costs - In line with the absence of sales or autoships, subscriptions fees for associates are charged annually ($25) and there is a one-time startup cost of $300. This is very reasonable considering the earnings potential and I believe this low entry fee will actually be a major contributor to the popularity and rapid growth of this company.
Plus, there is also this feature I couldn't resist - Upon registering, new associates get to choose a free travel package valued at $300 and also earn additional travel packages of increasing value each time the cycle out of their matrix. That could mean several packages a year! So if you love to travel, like I do, you may really benefit from this, and if you prefer not to, or you have other obligations, these bonuses are transferable.
So that's it. Considering all these elements, I decided PYXISM was the right Network Marketing opportunity for me.
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