Review of Spirit of Wealth Today
July 1, 2010 by admin
Filed under Cash Gifting Programs
Review: To start off, Sprit of Wealth Today does not provide marketing materials or training. It is simply a private membership group that was started by a group of former NOSS members that broke off to start their own membership group because they wanted more freedom in the way they market. SOW is around eight years old and has over 40,000 members in over 16 countries. Like NOSS, SOW also appeals to many people because it has 3 levels of participation: $500, $1500, and $3,500. Many teams within SOW use internet-based systems like websites and streaming audio.
The Pros: Unlike NOSS, there are ZERO Marketing and promotion restrictions making the entire program easier to enroll people in. With the lowest entry level being only $500, it’s accessible to the masses. Most SOW members use replicated websites that incorporate recorded overviews so no personal explaining is necessary and this in turn keeps the follow up minimal. There is zero cold calling or salesmanship needed with this type of system.
Best Feature: Unlimited marketing potential. Again, the low entry fee of $500 makes this program accessible to many people. The automation using websites to deliver the information saves time and give people more freedom as to how they want to promote the program.
The Cons: The only thing I could find that I would consider a ‘Con’ is the fact that when someone has questions or wants to get started with this program, they have to call their inviter to get started. A good duplicable team should have a callback system feature or assist members in calling back interested prospects.
Biggest Flaw: Some teams in SOW have great marketing systems and strategies in place and some don’t. If you join this program, make sure you are working with a strong mentor and team with great marketing tools.
Admin Fees: It’s professionally administered using a 3rd party tracking software system (1UpTracker.com) that keeps track of referrals and gifts received, etc. The tracking fee runs at $120 per year.
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