A third party My review of guarantee rewards from someone who did not join

So it appears that there is another company that is creating quite a stir within the network marketing industry. The company is My Warranty Rewards, and if you’re reading this, you’re probably thinking of joining. But before you do, I want to encourage you to read this simple but detailed My Guarantee Rewards Review first. I want to disclose right now that I am not a My Warranty Rewards distributor, so you can be assured that you will get an unbiased perspective of the company, product, and business opportunity. With that out of the way, let’s bet we get started …

Who are my guarantee rewards?

First things first, let’s see who the company is and what they market. My Warranty Rewards is a company that sells extended warranty plans through a network marketing business model. The company was founded in Texas by co-founders Jay Tuerk and Yoni Ashurov. Both gentlemen have impressive resumes and bring decades of combined experience to the company. My Warranty Rewards is actually the marketing arm of Matrix Protection, which is a leading provider of month-to-month warranty plans. In fact, Matrix Protections already has 600,000 customers nationwide, so you know they are a legitimate operation.

From a marketing perspective, there were a few things that caught my attention when I looked at My Guarantee Rewards. First, the extended warranty industry is a $ 50 billion industry, so positioning yourself against a growing industry like that is definitely an advantage if you join. Second, since it can save people money, it’s an easy concept to talk about. How do you save people money? Instead of paying hundreds of dollars a month in separate warranty plans to cover all of their different electronic devices, you can give them a plan that covers all of their devices for $ 29.97 a month. And third, there is no limit to the number of devices the Matrix Protection Plan can cover, including past, present and even future purchases. As you can see, it’s a pretty simple concept and easy conversation to start with potential prospects, which is very important when considering a product to promote.

How do I earn money from my guarantee rewards?

To earn money with My Warranty Rewards, the first thing you need to do is become a distributor. The cost to start your business is around $ 100, which includes their $ 29.97 Matrix Protection Plan that covers all of your personal devices. It is quite inexpensive compared to other prices in the industry. The compensation plan itself is fairly straightforward and offers several ways to earn income.

Here is a simple breakdown of the different ways to benefit from the compensation plan:

1. Customer Bonus – You can earn a $ 10 bonus every time you sell a guarantee plan to someone. This bonus is paid weekly so you can earn immediate income.

2. Expansion Bonus – Once you personally sponsor someone, you can earn an additional $ 30 if you can help them get your first customer within your first 30 days. These bonuses are also paid weekly, so it is another way to earn immediate income. As you move up through the ranks, you can also earn voids when your team’s distributors qualify for Expansion Bonuses.

3. Customer Residuals – Depending on your rank, you can earn between $ 1 and $ 7 per customer on your team. To earn Customer Residuals, you must first achieve the rank of Senior. Waste is paid monthly and you can start generating back-end passive income with this bonus.

4. Distribution of team profits: the company also has a 2X12 Forced Matrix. In fact, you can benefit from distributors who are not on your team, but you must join early to get a prime position at Matrix. You can earn between $ .25 and $ 3 for each distributor in your Matrix.

5. Check Match – You can earn a 25% Match on the earnings of all your personally sponsored distributors. This gives you an added incentive to work with your direct distributors and help them earn money.

6. Lifestyle Rewards: For top producers, there are rewards that are at the top of the compensation plan. The company provides up to $ 500 per month for health and life insurance. There is also the opportunity to earn up to $ 1,000 per month for a luxury car voucher. And there is also the opportunity to earn up to $ 3,000 per month towards your rent or mortgage payment. Having a chance to earn these Lifestyle Rewards is great, as you don’t have to dip into your actual earnings for these expenses that you have to pay for anyway.

All things considered, the compensation plan is quite attractive and can be quite lucrative for the right person with the right skills and mindset.

Should you join?

Well … only you can answer that question. The company certainly looks credible, as Matrix Protection has been around since 2006 and already has 600,000 customers. There is no way an unstable company can be in business for that long, so you can feel good about it. The product is “easy to sell” as it is basically offering savings to people and the compensation plan is very generous. This is all good, but does it mean that you will automatically see personal success? Unfortunately not. While all of those things are beneficial, your personal success will depend on your ability to sponsor new people to your team. Without the ability to consistently sponsor new people, you have little to no chance of building a successful business.

My recommendation is that you learn Attraction Marketing so that you can get MLM leads online. If you can incorporate attraction marketing into your business, it is unknown how prosperous your business can be.