Fortune High Tech Marketing is another company that I hear a lot about, primarily from distributors wanting advice on how to grow their FHTM business through online marketing. For that reason, I thought I’d do a quick review to give you an outsiders perspective of this company. When it comes to pursuing your high tech fortune, it’s important to consider where your path might lead. This path may lead to nowhere.
Let’s Start at the Beginning
The company was founded by Paul Orberson. As the story goes, Paul comes from Kentucky and was a former school teacher. It’s not a typical rags to riches story. In 1990, he entered the network marketing industry as a representative and built a very successful business. Retiring at age 40, he felt compelled to create something of value and leave a lasting legacy. Thus, Fortune High Tech Marketing was born.
Compensation befitting a high tech fortune?
The products that Fortune High Tech Marketing offers are quite varied. Their product line currently includes weight management products, Internet, long distance, satellite TV, health and beauty products, wireless phones and more. Although they provide a wide variety of choices, not all products are available in all markets. There is no signature product. As a representative of FHTM, you can earn 2-20% commissions on goods and services sold to customers. There is a $100 bonus paid out when a representative recruits another business builder into Fortune. When you generate new customers, you will earn a 2% Customer Generated Usage (CGU) commission for as long as they remain a customer. The driving force behind earning good commissions over time is Customer Points. Any rep that is to receive compensation must have adequate customer points. There seems to be some controversy over how points are actually applied.Techmaster60
Financial Freedom? Not Likely!
Even though the opportunity with Fortune Hi-Tech Marketing looks attractive, there are a few things to consider. Some sources online report that FHTM has a stair-step breakaway component in the comp plan, which means that at some point in the future, some of your more successful reps will break away from your team and create their own. However, conflicting reports say exactly the opposite on some blogs and web sites. This is a question that you should pursue with your potential sponsor. If the Stair-step Breakaway Plan is a reality your only option is to recruit more people to replace the lost part of your team. This plan appears to penalize you for recruiting top talent. The best option for you could be to pursue marketing online. Learning opportunities are abundant and you will have many paths to choose from. A sure path to success in any business lies in investing in yourself through education and a good personal marketing system.
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Doug DeMercurio has been an entrepreneur since 1981. He is a chef, restaurateur, and internet marketer who believes in giving back by helping others.