- 1 Cost to Join 5Linx
- 2 5Linx Distinguishes Two Different Customers
- 3 5Linx Commission Payouts
- 4 5 Linx Compensation Plan Review: The Conclusion
Looking for The 5Linx Compensation Plan? Congratulations because You Found One
So after scouring the internet for an actual 5Linx compensation plan review, I discovered that no one actually gave the true details on it. But I’m giving you the real deal Holyfield. I think it was pretty lucky that I found a copy, but you’re in luck because you’ll get the full disclosure here.
If I were researching the 5Linx compensation plan I would want to know exactly what I was getting in to. So I did MY due diligence and I found a somewhat reliable resource regarding the 5Linx compensation plan.
I’m going to breakdown this compensation plan and I’ll tell you why I didn’t join 5Linx. Also check out my 5Linx MLM Review for more information on 5Linx.
Cost to Join 5Linx
Customer Representative – $99 Enrollment Fee
Independent Marketing Representative (IMR) – $499
Which level should you join at? If you’re seriously considering joining 5Linx, then you need to join at the IMR level. At the Customer Representative level, you are just a sales rep who earns commissions from sales.
You will not reap the benefits of an MLM. IMR’s reap the benefits of a full MLM with added responsibility to recruit, motivate and train. Don’t worry 5Linx provides an exceptional 30, 60, 90 day and 1 year road map to your success.
If you’re strapped for cash don’t fret, you can get to IMR by paying in at the $99 level and then sponsoring 1 IMR and selling 20 customer points. Qualifying as an IMR requires that you must maintain a 4 active customer points and they have to be outside of your household.
5Linx Distinguishes Two Different Customers
Select Customers – Select customers are one time customers that earn you a onetime commission. They’ll buy cell phone service or satellite TV services.
Residual Customers – The real money is in residual customers who are buy the Globalinx service, 5Linx security or web hosting. These customers pay a bill month over month and commissions will be based on their usage rates.
After IMR you can rise up through the ranks of 5Linx by acquiring and maintaining different levels of customer points.
The rankings are as follows: Executive Trainer, Executive Director, National Director, Senior Vice President (SVP) and Platinum Senior Vice President (PSVP).
5Linx outlines a one year game plan to get you to Platinum Senior Vice President level. This is a road map to success. However, be wary that not everyone will ever come close to achieving something of this magnitude. We all need to maintain a realistic standard but also reach for the stars.
5Linx Commission Payouts
- Bounty Bonuses
- Monthly Residual
- Weekly Customer Acquisition Bonuses
- Open-line Promotional Bonuses
- Customer Bonus Pool
- Revenue Pool
- SVP Incentive Bonuses
- PSVP Pool
5 Linx Commission Structure
Personal commission is when you earn on personally acquired customers. Open-line commission is when you earn on customers made by other representatives within your downline that have not achieved the same rank as you.
Generational commission is when someone in your downline reaches your leadership level and you earn a percentage of their commission.
How Does 5Linx’ Commission/Bonus Payouts Work?
I’ll save all of the complexities for your light reading. If you want to take a look at the compensation plan, feel free. But here’s the low down of how everything works.
This is very complicated to the newbie and you should be overwhelmed, but good luck calculating a pay check when you get to a leadership level. Your trust is in the system at that point. Moving along….
Open-Line vs. Generational Payouts
Bonuses are bonuses, sell something earn something. The confusing part about this compensation plan is the open-line vs. generational payouts.
Open-line means that in 5Linx if you don’t have anyone that is at your equivalent rank, you are paid all of the commission for all of the levels in-between. SWEET!!
Example: (A => You B => Not Filled C => Not Filled D =>IMR) If D sells something, you get the commission that would have been paid from A, B and C.
Generational means that when you train and build someone up to the same leadership level as you and they are “underneath” you, that you cannot earn a high commission of sales that occur within both of your downlines.
So what’s the incentive? The incentive is that you both are sharing commission from the same customer points. Thus, you are both working together to make more money.
What’s the incentive for the upline with the equivalent rank? It isn’t very clear as to how an equally ranked member is treated in terms of commissions. But from what I gather, the compensation plan is really rewarding the highest ranking leaders for taking a large commission drop through the “pool” bonuses.
Here’s the thing though, with 5Linx it is in your best interest to move hard and fast because of the high failure rate in MLM, you’ll be able to earn a ton of override commissions. Just something to think about.
Why I Didn’t Join 5Linx
I didn’t join 5Linx because I didn’t feel like it was the right company for me. Yes there can be a good and a bad fit. It’s like finding a job you really like.
I will say this though, based on the compensation plan package, I loved the idea of a 30, 60, 90 day and 1 year road map to success. I also noticed something that I hadn’t noticed before and that was the “university” trainings that they had at each road map check point. This is absolutely critical in the success of each 5Linx representative.
The uncle Bob’s of the world will always quit on you early on. But you need to have them convert at least two “open positions” before they leave you. With 5Linx, this is increasingly a numbers game.
Why do I say that? Because you are trying to sell services that people already have. Selling services that people already have is a tough sell in my opinion.
Recruiting people to sell has to be extremely harder because not everyone understands technology. There is still a vast number of the population that doesn’t know how to use a computer. Crazy. I know.
Another reason why I didn’t join was because I didn’t like how confusing the compensation plan was. It just worries me that there are people who are not being paid properly and it’s going to show with complex calculations like the ones in the plan.
5 Linx Compensation Plan Review: The Conclusion
5Linx is still an excellent company, with exceptional services and great products. The leadership is high quality and they do have training modules designed to develop their downlines. However, the compensation plan still doesn’t address the true answer and that is, how much money can I make and how much will I make at each level? I would call 5Linx to get that answer.
Want to get to Platinum Senior Vice President in the shortest amount of time possible?
You’ll need a system that brands you as leader, so that people are coming to you to join 5Linx. You’ll need 25 – 100 leads per day and you need to sponsor 20 – 30 people per month. Impossible? Not when you leverage the internet.
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