Make Money Online – Binary Plans Compared

Make Money With A Binary Plan

Binary Plans are one of the very best ways to make money online in the network marketing industry.

A number of people have asked me the difference between businesses with a binary plan where you pay no monthly fees and one where of course you do.

Let me explain by comparing Holidays And Cash to Automatic Geek (a brand new business in the direct sales / network marketing industry).
Both run a Binary Plan within the business compensation plan. Before I run the comparison, remember that teamwork in network marketing creates even faster success and income potential for everyone within your team.

Holidays And Cash is a yearly membership. You earn money per every 3rd sign up or person you have introduced to the holiday club and where those people have purchased a Privilege Pack.  Because there is no monthly fee to access the product or service, you do not earn a weekly or monthly ongoing residual income. You only earn cash rewards upon actual WEEKLY sales of Privilege Packs.

To enable ongoing earnings, you and your team need to be introducing Holidays and Cash, selling the Privilege Pack on a weekly basis.

Holidays and Cash binary plan has three business centres (legs). You start by only building two legs. Once you have reached the Platinum level you then can start building a new leg from business centers 2 and 3. Therefore you end up with a 4 leg binary plan.

In comparison Automatic Geek has a one off cost to join, depending on the level you would like to start your business at and a small monthly fee for the Automatic Geek service. This is where you gain weekly/monthly residual income. Automatic Geek also utilizes a Binary Plan in one of the income streams you can earn from. The binary plan in this company is only a two leg system. You earn your income each month that representatives within your whole team remain active via their monthly service fee.

In simple terms, let's say within your team you have 15 people. In a residual compensastion plan you will earn each month that those 15 people remain active (pay their monthly service fee). In Holidays And Cash, if you personally signed 15 people then you would earn cash rewards once from that amount of people.

To answer many questions from numereous people, it really comes down to the type of business you want to promote, can promote and the income that you wish to earn, whether cash rewards or ongoing residual income.

Personally, as much as I enjoy having a business within the travel industry, not to mention being able to access great travel deals, for my financial security i do prefer to have a residual business in my home business portfolio. Because Automatic Geek offers one of the strongest compensation plans in the direct sales industry, with a service that 1.7 Billion people need, I choose to utlize Automatic Geek to create my residual income.