Merge of World Ventures and Success University...
This is Jeremy Henderson and I've been a member of Success University (SU) since August of 2008. I joined with my sponsor and now good friend Jason Cardamone in hopes of building an income using the internet as my vehicle. With Jason's great sales pages and the SU free trial, I did pretty well. I sponsored over 50 people and helped some of them to grow as well.
Everything I had worked for, in my mind, came to a screeching halt this last week.
Matt Morris, President and owner of SU, flew all of the Executive Directors in to discuss the future of the company. At this conference he revealed that SU would be joining/merging/combining with a Plano, TX based travel company called World Ventures. The compensation plan would change, the free trial would go away and the internet marketers, in my opinion, would now be at a huge disadvantage.
Here's why:
1. Without the low barrier of a $2 trial, many will not join this business online. For those of you who understand the concept of marketing this type of business over the internet, you can quickly see how a new price tag of $299 will drastically effect your conversions.
2. SU is a personal development company. This is the type of company I love to promote because it can be viewed by most as "generic" education. In fact, that's one of the ways I enjoyed explaining it to others. It's often said that your income follows your personal development. Well, SU is a perfect product to grow in that area. It's a tool for all, right? Not anymore. SU is going to be under the umbrella of a travel company?
3. Travel is not easy or cost effective to promote online. Yes, I know, it's a XXX billion dollar industry. But the market share goes mostly to those who spend the dollars on advertising.
So those are the reasons that I believe it will be hard for the internet marketer to promote SU/WV online.
Questions that are still out there:
1. What will the company name be? World Ventures, Success University, World Success, Ventures University, lol...
2. Will Matt Morris have part ownership in the new company?
3. Will this cause a mass exodus of SU or WV students?
So Warriors, let me hear from you. Especially those in Success University or World Ventures. What's your opinion of this merger?
Helping You Help Others,
Jeremy Henderson
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