YTB International: Wall Street's Next Online Travel Darling? 187 comments
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Priceline (Nasdaq: PCLN) is the online travel industry’s best company, as judged by the valuation currently accorded its publicly traded shares. Though Expedia (Nasdaq: EXPE) has a higher total market capitalization, Priceline shares trade at a multiple of trailing twelve months earnings that is nearly 50% higher than the same earnings multiple of Expedia. (PCLN ttm p/e = 36, EXPE ttm p/e = 23).
Thus, it would not be a stretch to say that PCLN is the darling of Wall Street when it comes to the online travel space and it is easy to see why. PCLN management has steered this company from bleeding red ink and the necessity of a reverse split five years ago to its place today as an international powerhouse in online travel. Shareholders who bought into PCLN when it first started making the turn towards profitability (about 5 years ago this month) have enjoyed 5 year gains of as much as 2000% (for those who purchased near the $6 lows in 2003).
Investors seeking gains of that kind in the online travel space will likely be disappointed if they invest in one of the big publicly traded players, including PCLN. Though PCLN management appears to be executing magnificently, the company’s stock price ($128 as of this writing) already reflects this near flawless execution. Its hard to imagine that investor’s could see the stock double over the next year or so, much less increase by a factor of three or four times. It is this realization that made us do a little digging to see if there are any companies out there that have PCLN type potential, but have yet to be recognized by the investment community as such. This brings us to the stock we believe investors should consider - a company called YTB International (YTBLA.PK) (hereinafter “YTB“).
YTB International is a rapidly growing company in the online travel space. While both PCLN and YTBLA operate in the online travel space, their core business models are so different that it makes most comparisons of their respective businesses less than meaningful - it would be like comparing apples with oranges. However, we see much commonality between the two companies from an investment standpoint - with PCLN as a model of the kind of stock price appreciation that could be achieved by a company in this space under the right circumstances. Simply put, we see potential for investors in YTB stock to earn the kind of return long term PCLN investors have enjoyed.
YTBLA is currently traded on the pink sheets and we have never recommended a stock that trades on the Pink Sheets before. However, YTBLA is current on all listing requirements, expects to be listed on the OTCBB within the next few weeks and we fully expect that the company will be listed on a national exchange before the end of this year. We have also never recommended a company with a multi level marketing model, though We have reviewed many of them over the years and can appreciate the wealth and value created by billion dollar companies like Avon (NYSE: AVN), Tupperware (NYSE: TUP), Herbalife (NYSE: HLF) and PrePaid Legal Services (NYSE: PPD). Despite these two factors, we are still recommending YTBLA because we believe they are poised to be a significant player in the online travel space and we further believe that investors in the stock at today’s prices could see Priceline type gains over the next few years and possibly sooner.
As mentioned previously, YTBLA’s business model is very different from PCLN and EXPE, each of whom operates a website that is designed to be a portal through which consumers book travel online. PCLN and EXPE spend millions of dollars in advertising each quarter to attract consumers to their websites in hopes that they will book travel thereby earning the company commissions or merchant revenues. YTB spends very little on advertising, relying instead on a network of “referral travel agents” (hereinafter “RTAs”) to book travel through their own private labeled YTB website. These referral travel agents pay YTB a start up fee (around $499), then a monthly fee ($49) to host their online booking engines. The referral travel agents then earn a commission on each booking, a small percentage of which is retained by YTB. Thus, YTB earns revenue each time a new RTA signs up, then earns monthly hosting fees and commissions from each RTA.
Thus, even though both companies operate in the online travel space, the business models and revenue generation engines are quite different. The more important recognition here, we believe, is that from an investor’s standpoint, YTB is a company that is in a very similar position to where PCLN found themselves five years ago. At that time, PCLN had a flagging stock price and many questions surrounding its business model, despite the fact that it was making obvious strides in its quest to turn the corner to profitability.
This is similar to the storyline we are see today for YTB, where the company has dealt with several bumps in the road, most of which were related to either its ability to manage very high volume growth in a very short time or attempts by competitors to try and slow the company’s march forward.
It appears that these bumps in the road have been unable to stop or even slow YTB’s momentum. The company’s most recent annual report shows staggering gains in bookings, commissions earned, revenue and steady gains in the number of RTA‘s who have signed up to participate. The company grew gross travel bookings more than 187% in 2007 over 2006 and saw the base of active RTA’s more than double. The company reported its third profitable quarter in a row, its first full year profit and it appears to have reached a point in its growth cycle where it has achieved the critical mass necessary to grow revenues significantly without a commensurate increase in expenses. We saw evidence in the recent 10K filing that indicated general and administrative expenses as a percentage of total revenue fell to only 26.1% in 2007 from 36.5% of revenue in 2006.
Another way we expect the company to grow margins is by earning higher percentage commissions. A very good indicator of this trend was reported in the recent 10K filing. The company reported an 84% gain in gross total bookings, which led to a 178% gain in gross total commissions received. As the company establishes itself as a high volume source of bookings for travel suppliers, the suppliers are willing to pay higher commissions and overrides. This accrues to the benefit of YTB as well as its RTA’s.
We see an opportunity for the company to further expand margins by building or buying its own wholesale business. By becoming the “merchant of record” for travel transactions, particularly lodging, YTB can expand on the traditional 10% commissions to instead earn effective rates in the 20 - 35% range. We note that it was a similar move into wholesale lodging reservations by Priceline in 2003 that allowed them to make the jump to profitability and that their acquisition of one of Europe’s largest lodging wholesalers that has been the catalyst for Priceline’s dramatic growth the last three years.
We believe further expansion of the company’s margins are possible as the company leverages the value of its network of 130,000+ active websites. The company’s cost to roll out additional product offerings through their RTA website channel is next to zero as is their risk. As such, we expect to see several new products offered through the RTA network in 2008, each of which could have a material impact on YTB’s financials.
In summary, we believe that YTB’s status as a pink sheets listed company that lacks Wall Street coverage or even main street attention has allowed the recent surge in its business to go unnoticed. The earnings acceleration and margin expansion simply have not been reflected in the stock price - as the stock has fallen more than 70% since the 2007 Q2 report of their first profitable quarter. With the stock currently hovering around the $1.65 per share range - we feel that the stock has the potential for exponential returns as investors become more aware of the YTB story and the company continues its domestic and international expansion. We believe the company is on the verge of a margin breakout that could propel the company to several periods of high double digit year over year earnings growth and that investors will ultimately accord YTB the kind of earnings multiple usually associated with such growth. As such, investors at today’s prices could be buying into the proverbial “ten bagger” or even better, enjoy returns like 2003 investors in the PCLN story, who earned 20x their money in less than five years. If YTB can sustain growth at the half the rate it grew in 2007, YTB investors at today’s prices could do even better than that.
Disclosure: Author has a long position in YTBLA.PK
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This article has 187 comments:
A real shame.
WOOD RIVER, Ill., Sept. 24 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Pink Sheets: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, today announced that the Direct Selling Association ('DSA') has approved its application for active membership in the organization.
YTB completed a one-year pending period required for full membership in the association. During this time, the Company's marketing and business plans were reviewed to ensure full compliance with all provisions established by DSA's Code of Ethics. YTB joins the elite ranks of DSA's more than 220 active and pending member companies in the United States.
DSA is the national trade association representing companies that manufacture and sell products and services sold directly to consumers, primarily through an independent contractor sales force. Its mission is 'to protect, serve and promote the effectiveness of member companies and the independent business people they represent. To ensure that the marketing by member companies of products and/or the direct sales opportunity is conducted with the highest level of business ethics and service to consumers.' Each DSA member company pledges to abide by the Code of Ethics' standards and procedures as a condition of admission and continuing membership in DSA. This Code of Ethics speaks to both the consumer and the seller, and ensures that member companies will make no statements or promises that might mislead either consumers or prospective sales people. The DSA Code of Ethics expressly prohibits pyramid schemes, deceptive or unlawful consumer or recruiting practices, misrepresentation of earning or sales potential, inventory loading and unreasonable entrance fees.
Scott Tomer, CEO of YTB International, stated, 'We are proud to have been granted membership in the DSA. Our acceptance further validates the strict internal business practice standards to which we hold ourselves. Our Company is committed to maintaining these high standards, as well as those set by the DSA.'
About DSA
DSA is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. Among its more than 220 active and pending members are companies selling both via a party-plan method and in the traditional person-to-person style. In 2006, U.S. direct sales were more than $32 billion with more than 15.2 million direct sellers nationwide. The vast majority are independent business people 'micro-entrepreneurs' whose purpose is to sell the product/service of the company they voluntarily choose to represent. Approximately 90 percent of direct sellers operate their business part-time. To find out more about DSA please visit dsa.org.
About YTB International
YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com division focuses on marketing online travel agencies through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of online travel agents (RTAs, now numbering over 120,000), collects travel commissions and pays sales commissions. Each RTA sells travel through a personalized Internet-based travel website. The REZconnect Technologies division operates as a travel vendor relationship management company and offers franchises of brick and mortar travel agencies.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
This document is available on the KCSA Worldwide Website at kcsa.com. Investor Contacts: Garth Russell / Yemi Rose KCSA Worldwide 212-896-1250 / 212-896-1233
Source: PR Newswire (September 24, 2007 - 7:02 AM EST)
The pseudonym - in biz indicates to me that you are in some type of business so it would seem to me that you would recognize a good business deal when you see it. My site is just as viewable and easy to access as any of those commercial sites I list above and the prices are very competitive if not cheaper. Now if I have a site like this and show it to my friends and family, why would they decide to book on the commercial site instead, especially if mine is cheaper?
You are welcomed to visit the site for yourself. I just flew back home from Atlanta, GA. While I was standing in line with my e-ticket I had a question about something and happened to show the ticket to a fellow standing in line. He took a look at my ticket and the first thing he said was "wow - this is a really cheap ticket." I purchased that round trip on my site and shortly after I got home, I received a check in the mail for commission on that trip as well as other trips that friends had purchased on my site. Not bad for as you put it "not a true travel site" Huh?!!!
www.chicagotribune.com...
A lot of naive YTB reps, many of whom didn't know a P/E ratio from a palm tree, got swept up in the frenzy and lost their hard-earned investment.
I'm glad to see YTB beginning to build travel bookings. When the average RTA actually earns marginally more in TRAVEL COMMISSIONS (without recruiting) than the $50/month cost of the travel portal, then this will be viable long-term business model and the high attrition may stop.
Until then, I'm putting my energies into building with a product-driven company. At SendOutSpecialCards.co... customers voluntarily spend about $50/month on a product that makes their contacts feel valued and explodes their business referrals. The result: steady growth, customer retention and long-term residuals.
Nearly 80% of travelers in the US book online and most think that getting paid a commission to book their own travel is a good business plan. This idea works for individuals as well as small businesses. Based on recent activity with the stock I would say that alot of investors agree.
If you want to learn more about the business model you can browse here to find out. ybitravel.biz
73.4% of YTB revenues came from the sale of travel web sites to suckers that think they are going to get rich. Just how many travel website does this world need anyway? Only 14.5% of their revenue came from actual travel commissions.
If you look at the their sales of web sites, you'll see they signed up 139,239 people last year. Add that to the 59,736 they had at the end of 2006, and if everyone was making money, they would have 198,975 sites active at the end of 2007. However, they only have 131,065. That means 67,910 people cut there losses and gave up on YTB.
Of the $80 million in marketing commissions that were paid out, $45 million went to the 163 directors. So, as with any pyramid scheme, the people at the top get rewarded, and those at the bottom get the shaft.
If you devide the travel commissions paid by YTB by the number of active sites at the end of the year, you get an average of about $102.00 per site. Since they pay 49.95 per month, that is an average loss of about $500 per site. At that rate, it won't take long for more to bail out. Even if you divide the amount by those active at the end of 2006, it's only $225 per year, still a loss of $375 per site. Sure seems like a great business model to me!
If you want to be a travel agent, there are much better ways to do this. Many host agencies provide a website just like YTBs at no fee whatsoever, and charge nothing to join. Further, they give 80% of the commission earned, not 60%. So, tell me again why YTB is such a good deal? Give me a break.
I was wondering why the stock suddenly started jumping. It turns out it is because someone was buying ahead of this pump-up article. Personally, I think I should forward this to stocklemon.com. I'll bet they have a field day with it.
To those who say the people at the top are the ones getting rich, that's true, too. But the beauty of the YTB model is anyone can exceed the earnings of the person who brought them into the business through their own diligence--and it happens every day.
As for Royal Caribbean, it's tough to understand how a company like YTB that sells millions of dollars in travel and is the largest booker of Carnival cruises in the US is a card mill. And one would think that IATA would like 130,000 RTA's to pay individual memberships rather than being grouped under YTB's collective IATA number.
I would also suggest that YTB understands that RTA's need to sell more travel; that's why the company is now placing an emphasis on travel training to assist the sales effort. I would agree with the author's assertion that the comany has reached a "critical mass" where the percentage of revenue for recruiting vs. travel will start to tip.
I can tell you after a year in the business that I have made back more than my original investment, I don't have to pay $49.95 monthly because I've enlisted more than six people and when anyone books travel on my or any other YTB site, the travel is fulfilled and there are no issues. I can't speak to what will happen to the stock but it seems to me this company is well run, generates enthusiasm and the money earned by people who are embracing the business opportunity is making a difference for them and for their families. YTB bashers--keep your powder dry. Time will tell...
YTB's business model is different than the conventional model so that is the main thing that gets attacked. Again, it's ignorance. I have a feeling that there will those out there saying ignorant things now and will feel pretty silly down the road realizing they advertised the ignorance.
YOU CANNOT STOP A MARKET SHIFT LADIES AND GENTLEMEN AND YOU CANNOT STOP THE FACT THAT INTERNET TRAVEL IS TAKING OVER AND THAT YTB IS THE PERFECT OPP. FOR EVERYBODY THAT DESERVES A PIECE OF IT...THE ONLY THING SKETICS DESERVE IS A JOB---WHICH STANDS FOR "JUST OVER BROKE" BECAUSE THEY NEVER BELIEVE ENOUGH IN ANYTHING ACCEPT WORKING FOR SOMEONE ELSE TO MAKE THE OTHER PERSON WEALTHY.
EVERY BUSINESS THAT USES THE FRANCHISE MODEL SOLD MORE IN FRANCHISE FEES IN THE BEGINNING--BUT THE PRODUCT SALES CAUGHT UP...PUT YOUR BIAS ASIDE AND READ THE LATEST YTB PRESS RELEASE FINANCIAL REPORT FOR 2007. THE TRAVEL BOOKINGS ARE CATCHING UP. SO SOME FRANCHISE RESTAURANTS SELL MORE FOOD THAN OTHERS--DOES THAT MAKE THE FRANCHISE CONCEPT A SCAM ALSO? NO--SOME RTA'S ARE BETTER AT SELLING TRAVEL THAN OTHERS, SO WHAT!!
IN TIME ALL OF YOU SKEPTICS WILL REALIZE THAT ONCE AGAIN YOU HAVE MISSED OUT ON A MARKET SHIFT. BUT THAT IS WHAT MAKES THE SKEPTICS SPECIAL--WE NEED PEOPLE TO KEEP THEIR JOBS ANYWAY OR LIFE WOULD BE BORING FOR THOSE OF US WITH VISION.
IF YOU WERE SMART YOU WOULD HAVE INVESTED EVEN FOR THE "HYPE" AS YOU CALL IT. BUT NOBODY EVER GETS RICH BEING SCARED DO THEY? AND WHAT IT BOILS DOWN OT IS THAT YOU ARE ALL AFRAID TO TAKE A CHANCE AND THAT YOU DO NOT BELIEVE THAT YOU ARE WORTH A $500.00 CHANCE AT A GREAT BUSINESS WITH A GREAT COMPANY.
EVEN BARRY DILLER WITH EXPEDIA HAD HIS OPPONENTS. DID THAT STOP HIM? EVEN WAL-MART HAS THEIRS. DOES THAT STOP THEM? MICROSOFT SUED OVER WINDOWS BUT MOST OF US STILL USE THAT PROGRAM DAILY. WAKE UP AND SMELL THE COFFEE PEOPLE..
GOD BLESS THE TOMER FAMILY AND YTB...AND GOD BLESS THE SKETICS TOO---YOU ALL REALLY NEED HIS HELP AND A LESSON IN FAITH!!
Here we are, in modern times, where we have set foot on the moon, (ops – better watch my words – there are people who still think the earth is flat) broke the sound barrier, communicate through air with the most modern technology and still people will try to invalidate it.
Even the well educated are not off the hook from such lack of knowledge and ignorant responses. The world is in change and YTB Just may be ahead of the curve!
My team and I are slowly but surely building our businesses, no regrets at all! YTB is here to stay! Look out world! You tried to knock us out and it didn't work!!
gailsvacationandtravel...
1. They just joined the company (notice the large growth spurt at the end of 07!
2. They haven't yet done anything yet.
I joined YTB in mid Aug 07 and have been receiving checks for both site sales and travel! I know the integrity of YTB and the founders, for I had a chance to meet and talk with them personally.
I have never in my life been in a company where those in the upline do whatever it takes to help you succeed! They (literally speaking)bend over backwards! You will never see integrity like this at AmWay! not to mention... There has NEVER been another company like this that offers it's people a healthcare and life insurance package!!!
Those who don't understand YTB, probably never will.
For those who aren't yet a part of YTB, I invite you to check out my website! genesglobaltravel.com
View the COMP PLAN
If it makes busines sense to you... contact me for more info!
If you know anything about stocks, you would have been following them closely. If you did, you would have noticed that the whole stock market has been losing money. Since YTB stock is PUBLICLY traded, it falls victim of whatever the stock market does even more so than if it was privately owned stock. Don't judge a company by it's stocks. There are plenty of respectable companies out there with low stocks... even no stocks at all.
I've built several successful online businesses over the past 8 years, the main one being www.KidMusic.com by working a lot of long hours. It hasn't been easy and it didn't happen over night.
The person who paid me to tell them how to do something similar in a totally different online business market was highly dissapointed when I began to lay out a business plan for them. They were dissapointed because it seemed like it wouldn't happen fast enough and would take too much work.
Well, the nuts and bolts of it is that to be successful, it is a bunch of work. I don't care if your starting your own business, joining a legitimate MLM or trying to move up the corprate ladder it's always a bunch of work. Success almost always comes to the folks that are willing to put in the effort. It also almost never comes to the folks that think that it should happen overnight.
If you join just to save some money on travel then that should be a reasonable reason if you travel enough to justify it. But if you join this, or any business, to become wealthy then expect to put in a lot of effort. But if you don't put in the effort and don't make any money then don't complain because you got out of it what you put into it.
I'd have to say that we see very similar numbers among the dealers that sell our products and we aren't even an MLM. Out of 100 some dealers that register to sell our products we may get one or two dealers that sell most of the volume. Most people just don't want to work hard, they want it to happen overnight with no effort, and when it doesn't happen they quit and say IT didn't work. Well, IT can work, they just didn't work it.
The person I met with is already averaging, after only 3 months in business, about $75 per hour of actual work. But what she said to me is that she wants to make a six figure income without having to actually work. It's sad because she's actually got a super business model going. From my perspective it would be very successful if she would put the time in for a few years she'd get that six figure income.
To bad she doesn't really want to work that hard.
Do something, Do it consistenly, until after several years your suddenly an overnight success. Or at least that's what your friends will think.
Despite all the negativity. Let me just say this. No matter what it is in life that you want to do, there is always, always going to be someone there to tell you that you are crazy and that it will never work.
You have been told you will never be a doctor, you will never be an attorney, you will never be a firefighter, you will never be a police officer, you will never be a proffessional athelete, etc.
But did those people stop you from being what you wanted to be or doing what it is you wanted to do in life? NO!
All I need to know from you is if you believe the glass is half full instead of half empty and you want to be a part of the next Microsoft in the making and work with a company you can learn to believe in and work with someone you can learn to trust, then go to my website and call me. Our TEAM will help you be successful in this phenomenal company if you are willing to go to work for youself just as you may work for someone else right now.
Good luck and God bless you all!
Last I checked, it cost quite a bit of money to start a business.
Then it usually takes a few years to earn a profit, if ever. Does anyone know someone who lost a lot of money in traditional business? Exactly.
Let's get real. $450 bucks to have an opportunity to start your own business, in the largest industry in the world. $450 bucks is chump change. Then it's $50 bucks a month until you enroll 6 others. So what? $50 a month for overhead is chump change! EVERYBODY PAYS MORE THAN $50 A MONTH FOR CABLE TV, WITH NO OPPORTUNITY TO EARN INCOME.
I really, really believe that ALL OF THE NEGATIVE COMMENTS about
YTB are mainly from these 4 sources:
1. Traditional Travel Agents/Companies who know that their way of
doing business is diminishing due to the overall market shift of
internet travel sites in general. To be fair, I am sure that there
will always be some people who will still use traditional travel
companies, such as people that don't use the internet, etc.
2. Imitation Companies such as Traverus, etc. WHO wish they were
in YTB's position, and are hoping & praying that somehow YTB
fails. That way, they can try to capitalize for theirselves.
3. Pessimistic people who always see 'the glass as half-empty',
which is a reflection of their 'empty life'.
4. People who automatically believe that you're handing them
'Fool's Gold', when you are handing them Real Gold! You know
who they are, the ones that always say "if it's too good to be
true, then it's not true"! Whatever. These are the same people
who mocked Thomas Edison. I'm glad he didn't listen. Aren't you?
OF COURSE, MOST OF THE MONEY IS MADE BY THE DIRECTORS
"WHO ARE THE LEADERS"! Last I checked, most of the money in any company/industry is made by the leaders. That's the way it's supposed to be. That's the incentive to be a leader. Make money.
I AM EXTREMELY GLAD THAT EVERYONE DOES NOT WANT TO JOIN YTB, SO I CAN BE THE ONE THAT ENROLLS THEIR FRIENDS & FAMILY.
Furthermore, every type of industry contains Sales Professionals. I can assure you, that the vast majority of elite Sales Professionals have heard of Zig Ziglar. Zig Ziglar says 'that the only people that don't make it in Network Marketing, are the people that quit'. I was exposed to Zig Ziglar in the New Home Building Industry. For many years, I worked on Straight Commission = 2% of Gross. Sink or Swim. No salary. YTB is the same way. You have to work it. There is no such thing as get rich quick. However, there is such a thing as 'get rich quicker than you was going to by working for Corporate America only'.
To everyone in YTB:
Do not ever let anyone ever steal your dream. Not spouses, not family members, not friends, and definitely not some losers on the internet. Building wealth is not easy, otherwise, everyone would be wealthy.
No matter how long it takes, stay focused, stay committed, and one day you will achieve your dreams.
Read this book: Think & Grow Rich. By Napoleon Hill.
Folks, let's stay on the offense & grow, and let the naysayers wallow in their miserable opinions. These naysayers are the same
type of people as the 3 friends of Bill Gates, who DID NOT invest
in Microsoft at the beginning.
At the end of it all, you are actually investing in yourself. I believe in myself, and I believe in YTB. I can assure you that there will be
a day that the majority of the people who refused to join YTB with you, will contact you and join up. It's happening to me now, including one good buddy, who not long ago, looked over at me, and
said "If it's too good to be true, it's not true"! He joined YTB yesterday. Why? He finally did his research.
Turn your Vacations into Donations!
Write me and Find out How - Travel@BookWithMarilyn...
I welcome any new lookers of the business to check my website out - I am based out of Canada but have a great upline in The USA... every Canadian in YTB does - since we just opened in FEB here.
Truly amazing and a fresh breathe of air - Strting dream like I did when I was 15 yr old boy again...
Jump on Board - The water is fine here
ytb.com/aaatravelsolut...
we invested a total of $1200 and got a $4800 profit in 12 months
thats a 400% return in 12 months....
Its a GUARANTEE!!!!
I did it and yep i made a total of $6000 in 12 months
It was so easy,, you just pass out 25 magazines a month!!!
Thanks YTB
Note: YTB offers many other things but this is the part that we liked and DID!
YTB is a company concerned more about the spirit of a nation, it's people, and the people's ability to achieve the American dream that so many corporations have take away. That's our story after so many other companies have failed us, promised and not delivered, and YTB is a true breath of fresh air for those who have not been poisoned by the pains of failure. Get up and try again...this is it.
steps2ytbsuccess.info
Please check out the four-minute video on my website. You've got four minutes, don't you? If you like what you see, I promise I will work with you so you can be successful.
Steve
sdtravel.net
I am a traditional 'brick and mortar' travel agent and I see YTB as a tool. I am able to give personal service when necessary and also allow my clients to book their own travel on my website. For the clients that have gone to internet bookings (and I know this industry has lost alot of clients to the internet), I now have an avenue to bring them back. It saddens me to see other brick n' mortar agencies have a 'fear' of YTB. We can fight it, or we can see that the Tomer's are truly allowing us an opportunity of a lifetime. To have an internet travel site, that brings me commissions? Expedia/Travelocity/Pr... YTB!!!! No brainer.... Take a look for yourself... travelhoundbiz.us No bashing, just blessings
Join us now and be apart of this great business!
I joined with YTB 7-26-07 to travel. My husband and I take one trip a year alone:}. We called it our “Stay Married Trip”. I said I would never market the company but I did what we all do… I talked about my trip before I left, and I talked about my trip after I returned. The people I talked to liked what they heard the business model. The next thing I knew… I was receiving checks and my web site was being reimbursed. There’s no quota but you want to book travel and a lot of it just because of Coach, Scott and Kim and the passion they have for YTB. Travel is our business and we will be #1.
Although it’s been less than a year we are making great strides in this company. Our business (it is a business) has really blessed our family. My husband works in the cleaning business(5yrs) and I work in telecommunications(10y... and YTB is going to retire us. We have already gotten our investment back and paid off some student loan debt from our 3 daughters in college. All we are doing is sharing how YTB has helped us. It won’t be for everyone but the ones that decide to receive a confirmation and a commission check too for doing something they where going to do anyway. It’s not YTB it’s the business model. Get paid from your own travel and that of friends and family! They could have called it anything. I call it Wonderful, and I thank God I am the CEO of Coney Travel. I could have let opportunity pass me by like the other guys in the garage with Bill Gates.
Want to stay married? Do you have children in college?
Feel free to visit coneytravel.com and allow us to help you “Make a Memory and some Money”!
We believe in YTB and have purchased stock. At the current price, we have more than paid for the cost of purchasing our YTB business. You don't have a 177% increase in total revenue in a year with a pyramid scheme. Please do your own investigation of the company before making all the negative claims.
YTB is a Blesing! The Compensation plan is guaranteed in writing to NEVER be changed! They can't decide they want to pay you less even of they wanted to. YOU decide what YOU are worth! Hard work truly DOES PAY OFF!!! YTB makes PERFECT business sense!
If you are not yet in YTB, allow me show you how. Click on "My Website" and contact me. Join a winning company and transform your life for the better!!! (Serious inquiries only)
PhD in Economics (Oxford) & MBA in Finance (Harvard)
Former Senior VP of Corporate Development for Fox, Inc.
Reported Directly to Billionaire Barry Diller (Owner / CEO of Expedia, Inc.)
This is an opportunity to hear what a new, peer RTA found as a prospective business owner in YTB following his exhaustive investigation that only a few in this country would have even known how to do. Dr. Seligman has seen everything in the book, had all the resources and questions to ask that the rest of us would have never known to or thought of to ask. With his extensive understanding of what this industry represents and is going through, prior to coming onboard, he investigated this Company for six months; evaluating it from the perspective of him hypothetically buying the company personally to help him determine whether he should get involved with YTB as an RTA.
Lets see what he found and why YTB has his undivided attention! This call is going to give everyone in your business as well as your prospective business owners an opportunity to gain some scope on what a significant, unprecedented opportunity YTB is and why NOW is SO IMPORTANT!
This information above is not affiliated, endorsed, sanctioned or approved in any way with YTB.
It is simply a place where you can do your own research and draw your own conclusions.
allenbytravel.vacation...
Make sure you click on the tab ( Click here to listen )to listen to this audio - once you are on the web site
Join us now and be apart of this great business! We have seen great growth by using the marketing portal, iTravelHQ (www.itravelhq.com) to help build our YTB business.
"They sowed fields and planted vineyards that yielded a fruitful harvest" God Bless the Tomer, Sorensen and Head families for they have sown their Best Seed onto fertile ground. They watered that seed until it burst forth...Green and Growing. They found Good Laborours, Ripe and Ready to reap the bounty of the Boomer Harvest. Team Motown International Group and the Snead Family are proudly among the few. Peace & Blessings "The Harvest is Plenty, there is NO lack!" We all are Champions! We Believe in Ourselves. We have the WILL to WIN! DRamatic Wealth is a Virtue. We surround ourselves with other Winners. Through perseverence, we are creating Financial Dynastys that we All so richly deserve. We have Faith and Courage. We are willing to Pay the Price of Success. We love the Challenge and the Creation process. We are ALL worth well over a Million a month! We felloship with GOD-the true source of wealth and power. The abundant life IS our Birthright. We ARE Champions and We Will Win!
What I particularly love, about their concept as an investor, is that these individual Travel Store owner can dictate the growth of the stock. If I have Stock in the company, and I am a Travel Store owner, I am going to do my best as a savvy business owner and investor to sell as much travel as possible to increase the company's profitability.
So, I say keep up the good work and once this company eventually trades on the NYSE, it is going to be a MONSTER!!!
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Best to all
Leighton
8Trillion.com
Join the Travel Revolution!
You are certainly great at math, but unfortunately, your logic is flawed. Don't you realize that when someone joins YTB, he is starting his own business? Most businesses fail. Those who are average are essentially failures. Yet, you state the average the RTA's earn as if that's what new RTA's are going after. Those who join, work hard, and do it right are the ones who will make WAY more than average. Those who quit, well, they didn't do what it takes. Tell me how that differs from any entrepreneurial venture.
YTB is the first company to succeed with this business model, and others are following. Just wait a few years; YTB will be the top of the heap in online travel, and thousands more RTA's will be millionaires!
Ten years later a friend approached me to help him launch a company to bottle spring water from a source he had. Stupidest idea I ever heard. Nobody's going to pay for water which they can get by simply turning on a tap for free. 'Nuff said.
A few years later I was approached by a college friend of my son's who asked me to be his manager. He was simply one of millions of singer/songwriters who thought he was going to be a big star. Stupidest idea I ever heard. In five years this kid was the biggest star in pop and country music the world had ever seen. Biggest thing since Elvis and the Beatles.
So, that's what my skepticism brought me. I've pushed that aside for YTB. I just hope it's not too late.
Good luck to you skeptics. You can hold your annual meetings in the Grand Canyon or Death Valley. The LA Coliseum or Yankee Stadium won't hold you. I won't be in attendance.
THEY DON'T WORK! IF YOU TRY TO WORK THE BUSINESS, YOU WILL HAVE SOME SUCCESS (HOW MUCH DEPENDS ON HOW HARD YOU WORK). IF YOU WORK THE TRAVEL END HARDER, YOU WILL MAKE MONEY THERE.
WE JUST GOT BACK FROM A GROUP CRUISE THAT WE DID. MADE FAIR MONEY ON IT. WE ARE IN THE MIDDLE OF SETTING UP ANOTHER ONE FOR LATER IN THE YEAR AND ALREADY HAVE 40+ CABINS BOOKED.
I FOR ONE AM GLAD THEY FOUND ME.
I saw the business model one time and knew to jump in. I am enjoying the ride.
I have worked with LOTS of YTB RTA's. You can search my name on Google and read some of my articles that may help and guide you.
If you are like a lot of the many RTA'S I work with who are struggling and genuinely want to learn how to grow your YTB business without trying to convince your family and friends, you can download my free report off my website.
Best of luck to everyone wherever you may find your success!
Mike Lewitz
mlmultrasecrets.com/yt...
You see, I for one thank God each and every day that someone blessed me (no matter thier intentions) by showing me YTB. I have been a part of YTB for about a year now and love it. I am making money on both sides of the business by retailing travel and also retailing travel stores to people who believe that there is an opportunity in YTB for them and their family.
I can't quite understand why we so easily accept that a CEO is rightfully placed at the top of the company (never uttering a negative word of about it), but blasts the Directors in this company for being there. Just as a CEO who may have earned the right to be there... so do the Directors who work hard at selling travel, travel stores and mentoring their team.
Can't quite get why traditional travel agents are up in arms about me selling travel and showing others how to do the same, when an owner of a brick and mortar agency capitalizes off the same system of acting as a CEO in the agency and hiring others to book travel in the agency with some type of split commission.
You see you can argue with the business model all you like but McDonalds franchises because it works....gas stations franchise because the model works. Obviously the more active stores out there....the more burgers sold, gas pumped and travel booked. Consequently, the more revenue generated.
YTB allows people from all walks of life to own their very own travel business....to do with it what they like- sell travel, book their own travel, or sell travel stores. If YTB bombed 10 years from now...you know what....shame on me for not making the most of today while I can.
One year later..I have fired my boss, am am anticipating a six-figure income instead of laboring over six-figure student loan debt and spend the bulk of my day with my husband and kids enjoying life! If you are reading this, I hope you do the same before it is too late!
I moved up to the home office and got to know the ownership and fell in love with their heart and integrity for people! Their business experience was second to none and I came from working in the Corporate High Tech Recruiting industry with major corporations and knew that I was working side by side with GIANTS in this Industry. Thank you Coach, Scott and Kim for this awesome company we are building together. With Ytb my incredible TEAM is over 86,000 happy fired up Referring Travel Agents who love this business! I Thank God now because my team and the company at YTB I live a life that is beyond my wildest expectations and dreams. I get up everyday to help people reach their dreams whatever they may be....and am rewarded with a SIX FIGURE Monthly income to boot!
Thank God Now when a prospect FOCUSES on the FACTS that we are operating in the LARGEST industry in the world with the LARGEST market shift in the history of business and the most FUN product to Expose people to...You end up with the Hottest business model that will last for generations to come!!!
Our critics are good people who don't have the facts...YET! They will get the FACTS Now by Joining us NOW or Later when their best friend or brother accross the country gets in and invites them to join a year from now. Come on in or over....the water is sooo fine! Any assistance needed please go to www.workwithcam.com and fill out the short form for free information after you view the 4 minute Hot Info Movie! Look forward to assisting in anyway! Camaron Corr 618-530-2322
I am currently a REP with YTB and I have looked at a lot of MLM's and attempted a few to no avail. I also realized that it wasn't because they were bad, I just didn't work at it. I have to admit that I said what most of the nay sayers said. Nobody wanted to buy it, it doesn't work. It was a pyramid scheme.
I signed up with Herbalife the 1st or 2nd yr it started. Do you think that if I had WORKED AT IT and stayed in it, that I might be making pretty good money in it right now? I also did Melaleuca when it just started but again I didn't WORK AT IT. I used mostly my circle of family and friends who wanted to help me out, to sell the products to.
This is to me and all the nay sayers, WE FAILED by not doing the job that we signed up to do. WE paid to get those jobs WE wanted to do. WE were are own boss and WE took all the time off WE wanted and WE didn't get paid for it too.
I cannot remember one of those Companies allowing someone to join without paying first, in order to receive a check. Maybe I haven't looked at enough of them to know that answer and to tell you the truth I don't want to. So please don't ask me to take a look at what you got.
Take a look at what YTB can do for you IF YOU ACTUALLY TAKE IT SERIOUSLY! Go to etravelmenu.com I will be glad to help you see the light. Why or how can the nay sayers constantly think that they can just sign up and become rich?
Well I'll take your challenge and prove to you that you CAN become rich. I want all the nay sayers to join YTB from my page etravelmenu.com. I have the best training available for you and success is the only option, you can chose to fail but I won't.
If you want to keep working the 9-5 job and getting the same pay every week, go for it. I want to be able to leverage my time by teaching people how to leverage their time and keep making a bigger paycheck every week. I can be putting in the same amount of hours you can and each week I can literally double the amount of pay I take home from week to week.
Think about it, you have the chance to make thousands of dollars and if you WORK AT IT you could be one of the fortunate individuals to take home a bonus check of a MILLION DOLLARS. Yes you read it right a BONUS CHECK of a MILLION DOLLARS. Don't get to excited now, you didn't buy a lottery ticket so you aren't entitled to one, YET.
Look, Berry Diller bought Expedia for 5.1 Billion (you can be sure he did his homework and you should too) he now owns a site that anyone can book travel. You have the same opportunity to buy your own site that anyone can book travel for less than $500.
Going back to some of what the comments said, DO THE MATH! I'm terrible with math but folks this ADDS UP!
We all have one of the best opportunities before us right now. If you missed out on Bill Gates offer or didn't get in on yahoo or the myspace buy, Don't be foolish and not accept the winning lottery ticket that any YTB believer is offering you especially this sincere one. I'm at your service etravelmenu.com
What we need to do is follow the mooto of creating our own wealth and teach our children to do the same.You dictate your sucess in life. Would you agree that you cannot make excuses and be succesful at the same time. Ytb business model just makes sense for ANYBODY who has a dream and doesnt want to be a slave to a clock for 40yrs to retire off half of what they were already making. Just doesnt make any sense Open up your mind and heart and live the life you deserve. You can find that with YTB the ticket to your future visit futuristictravel.com
This article has given the meat to the meat and potatoes of why YTB is going to be recognized as an industry leader with ot without IATA and Royal Carribbean.
I for one have bought a ton of this stcok at the bottomed out price and have made a ton of new cash as a result of beleiving in this company and where it's going. IMHO, Ride The Wave or get left behind......
there's the problem right there! People get this "stinkin thinkin" and believe that where they're at is the only place they can really be. they lose the abilities to not only dream, but to also folow their dreams. There are people who wanted to be a firefighter when they were children. now they are stuck working at Wal-Mart. What happened to the dream? The answer is simple. They didn't believe in themselves enough to believe that they can do it. The same goes for any career... even YTB. If you fully believe tha you can do it, then you will do it. I joined YTB, not only because I believe in YTB, but also believe that I can do it. I am doing it!!! Each day that passes, my faith in YTB gets stronger and stronger! I'm in the right place at the right time!
Visit my website to find out how you can join too!
I was with this company for 1 1/2 years in the top 1% of the income earners and here is what I think, there is a better opportunity with DoYouWantAGreatLife.co... when I left in 3 weeks my income jumped 1400% by going with the other company.
80+ % of all YTB reps never make a dime, less then 1000th of 1% make any substantial money! The marketing plan is set to make the Top earners Money off the little people struggling, i could not do it, I went with a company that pays evryone not just the top few!
Bill DoYouWantAGreatLife.co...
hint - it will look like this - minus the booking engine unless you are still an active RTA in YTB www.ytb.com/lallenby
Please check out the four-minute video on my website. You've got four minutes, don't you? If you like what you see, I promise I will work with you so you can be successful.
Steve
sdtravel.net
To anyone reading this comment and wants to turn your vacations into payacations visit my site workwithwoods.com and make it happen
A main goal of YTB is to clean up the bad reputation that network marketing has earned. Just like someone who has been a carpenter for 1 year, couldn't be expected to soar like an eagle in their trade, I have been a YTB RTA for nearly a year, and have barely made $1K. That is due partly to laziness and lack of knowledge about the industry and the company. I'm looking at being a millionaire in 5 years with YTB. If not sooner. As far as credibility goes, YTB is in the top 1%. If Robert Kiyosaki and Donald Trump are ging network marketing a thumbs up, it's saying something. Even Rober G Allen teaches a network marketing class as part of it's multiple streams of wealth classes. And if you merge homebased business, the internet, and the worlds largest industry at $7.4 trillion a year, who cars what the nay sayers will say?
Network Marketing is not a crime. Nor should it have that reputation. If you don't want to sell travel through YTB then don't. We need leaders and people who can think outside the little box that Royal Caribbean thought we should fit into. YTB and Carnival Cruise lines show them a thing or two when we broke the record for the most cruises booked in one day. NOV 8TH 2007. nearly 13,000 cruises, and my wife and I took one of those to Cabo, and saved a fortune, and are about to write it off on our taxes. Oh, and we sell travel too. So if you don't know what you're talking about, stay in your own world and let us do our jobs. Network marketing is the future, like it or not.
We named our web site after a Ted Nugent song :) With an emphasis on freedom that comes from living in the greatest nation in the world, where people are free to make a few extra dollars, or a lot.
It happens all the time don't ya know?
You and I will laugh last.
But I would be happy to show you checks from YTB, they still send me stuff because I was in Coach's corner!
See people get all nuts and stuff because they make a committment to a particular company, I don't! To me it's no different then a Job, if someone offer's me better money down the street and it's a good company, with a good management team, and my team will make out better money there, I'm going to where my team makes out best!
When I showed my team TraVerus 96% of my power team left with me! What I find totally amazing is how many people will fight about a company because of a concept not that they are making money!
The facts are public knowledge, because YTB is a stock held company! You or anyone can get the statistics, but if not I can fax you a copy of the income stats, and here is the sad part, even if all these people above are making money,! their team's are not! and that my friends is not right! Again over 80% of all YTB reps never made a dime, and out of all 240,000 + reps in 2007 The average income was only $299.95 per YEAR!
Again I stayed for 1 1/2 years because I couldn't understand why veryone couldn't make it but the more I talked with people at red carpet, I went to 8 or 9 CRTA training's and it wasn't only my team!
Now you all have the income stats you don't have to take anyones word (look for yourself)
If your making money then care about your team and make the move where every one can make money!
Thanks, I wish you Success, Health and Happiness!
"Bill" William J. D'Alessandro CTA, National Executive, FLT Leader
1-856-694-0376 Home office
1-609-230-5133 Cell
billydtravel@comcast.n... email
DoYouWantAGreatLife.co... Marketing site
becomeatravelpro.net Enrollment site
WantAGreatLifeTravel.c... Booking site
finishquick.com Wowzza site
Do you want to explode your business? Give people free vacation vouchers to view your presentation! Go to BestFreeTravelVouchers...
WORK HARD and SMART for a specific time then relax and let your established teams help you make residual income for the future.
I have never seen any companies that those at the bottom can make more income than those at the top like you can at YTB. Nay sayers try to tell you about "the top" but never mention that they started at the bottom.
Go to your favorite travel search engines then go on my website and compare. Where else can you travel, save money, and get paid all at the same time?
How about a STRONG finish for YTB stock today..With 4.4 million in volume and up .54 cents...Hold on to your money skeptics and cynics--Nobody ever gets rich being afraid..This company is here to stay whether you like it or not and the wealth that is created will be only for those of us that know what it means to BELIEVE!!!
THERE ARE FAMILES LIVES BEING CHANGED RIGHT NOW JUST WITH THE STOCK!! THENK YOU LORD FOR SUCH A GREAT COMPANY AND THOSE THAT YOU GAVE THE WISDOM TO BEGIN IT!!
Anyone who lets himself be distracted from the work of God's plan is not fit for the kingdom of God. As disciples of the Lord you are sent out as lambs among wolves in pairs to plead with the Lord of the harvest to send out more laborers to help you, for the harvest is so plentiful and the workers so few.
This passage says a few things about the strength you'll need to be successful in our industry. Your success is directly proportionate to the success of those you have introduced to this industry. Without them, you are nothing; without you, who knows where they would be, so teach them everything you know.
1. If you are easily distracted and find yourself doing nothing with your business (any business), you will not be successful. PERIOD! If you don't plant any seed, you are guaranteed to get nothing in return. The harvest is reserved for those who planted in the spring. So you can either plant in the spring, or beg in the fall. It's all up to you.
2. As RTAs/Reps (MLM in general), there is strength in numbers. Don't go it alone or re-invent the wheel. Partner up with someone who is like minded. But be careful in your partnerships. Do not walk in front of me; I may not follow. Do not walk behind me; I may not lead. But walk beside me, and be my Friend. Leaders, don't just tell your RTA's to go do something. The most powerful thing you can say is, "Let's go do it." In the process, don't get eaten by the wolves. Some Will, Some Won't, So What, Next because there are Some Waiting.
3. When YTB hits serious momentum in the Travel industry, don't be left out. We can see the wave. So help enough people get what they want, and you'll have everything you want. The tide can't be stopped.
Good things do come to those who wait, but only the leftovers from those who hustle. I have been in a company after the wave and another that was about to get a second wave, but nothing I've seen compares to the position that YTB is in today. So don't take long to do your reasearch because when the wave is gone, it will take you 10 times as long to get to the same promotion levels as many of us are going to experience. The time is NOW! See you at the TOP, or from the TOP.
The Professor
Get detail information on the comp plan, bill of rights, and more at
www.tpg-travelpros.com or visit www.tpgpros.com for summary information.
negativity towards YTB consist of Traverus people, etc.
The only reason Traverus even has a chance, is because it's riding
YTB's coat tails.
Billy D, or whatever your name is, good luck on your adventure with a YTB imitator. Traverus has been trying to recruit all of us at YTB, but the intelligent RTA's have stayed committed to YTB.
Don't worry though, because AFTER TRAVERUS CRUMBLES NEXT YEAR, I WILL STILL SIGN YOU UP IN YTB!!!
I decided to buy a business to make my family and me finanacially sound. I invested $55,000 and I'm the boss and make more money than the employees who work for me. If they don't work hard they loose, but when they leave I just replace them. The difference between my business and my YTB business is that my expenses are very,very high and I pay many taxes to the Federal and State government. My expense with YTB is $49.95 a month which I am reimbursed because I have hired at least six RTAs.
For those who are the first to down grade success are those who didn't make it in a MLM company and are to scared to do something with their life or are in competition with YTB.
After you read all the negativity about YTB think of who is saying it. The rest of the positive readers can go to my site, gotravelerz.net look at what YTB has to offer and join the travel company and more of the future.
If you want to know more go to ONLINEDESTINATIONS.BIZ
YTB IS THIS VISION, GO TO THE COMPANY WEB SITE OR MINE AND BE AMAZED ! YES AMAZED ! NOT ONLY TRAVEL, BUT CARS, FLOWERS, HUNTING, CAMPING, GOLFING, HIKING AND THE LIST GOE'S ON.
AS A FORMER DIRECTOR IN PREPAID LEGAL, THIS OPPERTUNITY BLEW MY MINE. NOT JUST THE MONEY AND THE TRAVEL BUT THE PEOPLE, THE PERSONS OF YTB, THIER A BREED ALL THIER OWN.
THEY ARE FANTASTIC ALL WORKING TO MAKE EACH OTHER SUCCESSFUL. UNITED WE STAND, WE WILL FLY TOGETHER.
WHAT A GROUP, I LOVE THEM, AND THEY ME.
SO HASTE MAKES WASTE,
STOCK PURCHASED IN THE LAST WEEK FOR .68 CENTS WAS TRADING FOR $3.68 ! AT CLOSE OF BUSINESS TODAY.
NOW THATS MY KIND OF ACTION.
TO THE DOUBTERS WHO SPEND THIER DAYS IN THIER BACK YARDS LOOKING FOR 4 LEAF CLOVERS,
HEY OPPERTUNITY IS KNOCKING AT YOUR FRONT DOOR !
GO TO >>> WWW.AATRAVELDEALSWORLD...
AND GET A SEAT ON THE RIDE OF THIS CENTURY.
I'M HERE WAITING TO HELP YA'LL BE SUCCESSFUL.
TRANSMANDAN2003@YAHOO....
YTB REP, INVESTOR, PROFFIT
This business is hard, no one that works it can say otherwise, but the rewards are above and beyond what we could ask or even imagine.
Plant the seeds, water them, help them to grow.
In helping others achieve their goals is the ultimate in Gods Kingdom. Reaching out to help ALL achieve is what MLM's are all about, those that don't reach out will starve and complain that it's not a good business model or that no one helped, but consider this, most companies are built one brick at a time, YTB's case one RTA at a time, helping that RTA get 3 RTA's and so on.
Team, Family that is what we become. Of one mind, one spirit, one goal...being the best in helping people achieve there God given right to be Victorious. It is the devil who continues to steal dreams and keep us in a state of lack. STOMP on him who has no authority over us. Be the Victor, not the victim. Together with God we can all achieve our dreams.
Thank You YTB for giving us back the ability to dream dreams again.
To continue dreaming BIG dreams check out my website and for a positive fulfilling homebased business model, YTB, check out my website to see how YTB can positively impact your life at cchtravel.biz and join a winning team.
Direct Selling Association Approves YTB International as New Member Company
WOOD RIVER, Ill., Sept. 24 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Pink Sheets: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, today announced that the Direct Selling Association ('DSA') has approved its application for active membership in the organization.
YTB completed a one-year pending period required for full membership in the association. During this time, the Company's marketing and business plans were reviewed to ensure full compliance with all provisions established by DSA's Code of Ethics. YTB joins the elite ranks of DSA's more than 220 active and pending member companies in the United States.
DSA is the national trade association representing companies that manufacture and sell products and services sold directly to consumers, primarily through an independent contractor sales force. Its mission is 'to protect, serve and promote the effectiveness of member companies and the independent business people they represent. To ensure that the marketing by member companies of products and/or the direct sales opportunity is conducted with the highest level of business ethics and service to consumers.' Each DSA member company pledges to abide by the Code of Ethics' standards and procedures as a condition of admission and continuing membership in DSA. This Code of Ethics speaks to both the consumer and the seller, and ensures that member companies will make no statements or promises that might mislead either consumers or prospective sales people. The DSA Code of Ethics expressly prohibits pyramid schemes, deceptive or unlawful consumer or recruiting practices, misrepresentation of earning or sales potential, inventory loading and unreasonable entrance fees.
Scott Tomer, CEO of YTB International, stated, 'We are proud to have been granted membership in the DSA. Our acceptance further validates the strict internal business practice standards to which we hold ourselves. Our Company is committed to maintaining these high standards, as well as those set by the DSA.'
About DSA
DSA is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. Among its more than 220 active and pending members are companies selling both via a party-plan method and in the traditional person-to-person style. In 2006, U.S. direct sales were more than $32 billion with more than 15.2 million direct sellers nationwide. The vast majority are independent business people 'micro-entrepreneurs' whose purpose is to sell the product/service of the company they voluntarily choose to represent. Approximately 90 percent of direct sellers operate their business part-time. To find out more about DSA please visit dsa.org.
About YTB International
YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com division focuses on marketing online travel agencies through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of online travel agents (RTAs, now numbering over 120,000), collects tra