YTB Travel or Your Travel Business is a large
publicly traded multi level online travel
marketing company. There are two parts
to the business, one which involves the
booking of travel accommodations and the
other involves a multi tier sale of the YTB
home based business opportunity.
YTB Travel will provide those interested
in working in the travel industry with their
own travel booking website. YTB
employees Independent Marketing
Representatives (IMR) to sell these online
travel agencies and recruit Referring Travel
Agents (RTA).
Most people end up being RTAs and they do
not get the credentials to sell travel but
can process the booking through their
purchased YTB Travel
website and earn
commissions. The YTB travel website
costs around $400 upfront and an additional
$49.95 monthly fee.
The reason that some people call this a
YTB Scam is because they use many incentives
to focus on recruiting more RTAs rather than
selling travel. For example people can
get rid of the monthly payment if they have
recruited a certain amount of folks into
their down line. However your down
line needs to be maintained and if someone
drops out your monthly payments return until
the spot is filled again.
Further since YTB Travel is a publicly traded
company their financial history is
documented and available. In 2005
YTB Travel
made the majority of its profit from the
sale of these YTB websites and monthly
payments and not the sale of actual travel
products. The Better Business Bureau
has also recognized that YTB has a
significant emphasis on recruiting rather
than selling travel.
The commissions that an RTA earns through
their booking site range from 5-15%
depending on what travel accommodations are
purchased i.e. car rental or cruises.
Since travel is a very competitive business
and YTB Travel does not spend money on advertising
you will have to do your own.
YTB Travel themselves state that travel is a
seven trillion dollar industry. This
level of competition means getting people
outside your circle of friends and family to
book through your site is extremely
difficult. This combined with the
individually low commissions is why most
people end up reselling the opportunity
instead of just the travel.
However many people sign up with YTB
Travel to
accommodate their own high level travel
needs and for the discounts and bonuses that
YTB Travel promises. These include car rental
and hotel room
upgrades among other various bonuses.
Overall there are a variety of ways to
start your own travel business. YTB
Travel
does provide you with a booking website that
operates in conjunction with Travelocity.
However if you are not making your own deals
often you will not be able to beat
competitors travel prices. YTB
Travel works well with people that have an
aptitude for sales and recruiting committed
down lines.
I have been fortunate enough to
find a program that has helped me work from
home full time without selling anything to
friends or family. If you're
interested in learning more you should
Check It Out
Here.
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Customer Reviews for 'YTB Travel'
Comments to date: 12. Page 1 of 1. Average Rating:
tania, calgary canada
Posted at 3:15pm on Friday, September 5th, 2008
I have made great money and paid off my expenses in a months after signing on. Some people get into this business for the mlm and some for travel. Whatever it is you have to work for it. Nothing is ever handed to you.
I was at convention and it was fantastic!
Go and try any other business and see how much money you have to put into it before you make even a penny of profit! YTB is easy!!!!! Just work with it!
majord, florida
Posted at 3:48pm on Tuesday, September 2nd, 2008
YTB is a rip off!...check the better business bureau. Do a google search on ytb. read people read. something i didn't do before signing on to this incredible rip off company! I was bamboozled by people i called friends from church!..these people have no morals. My upline knew that YTB was "Loosing their license" before i signed up with them , and they still signed me up. Do not trust anyone in this cult..yes i say YTB cult. They will lie,cheat, and steal from christian folk just to make a dollar!
{{{{{{{{{{{{{{{stay awwwwaaaaaaaay from YTB}}}}}}}}}}}}
Lashan, Location unknown
Posted at 7:48pm on Wednesday, August 20th, 2008
I think YTB is great you only get what you put in and that's any business. People who have started and didn't make any money those people where probably sitting on the couch waiting for a miracle to happen instead of getting up and out there doing something with their business. Because this is a real business. So to all you sour graapes out there you'll never exceed in any business of your own if you don't know how to work your business. I LOVE YTB!!!!!!
C, na
Posted at 11:36am on Monday, August 11th, 2008
Can some one comment as to the actual service/reliability/economical aspects of ACTUALLY BOOKING A TRIP through ytb? For a travel company, it sure doesn't talk about travel, rather about becoming a sales/recruiting rep. Please point me to travelers reviews or better business reviews if possible... Thanks
J. Pettie, Los Angeles, Ca.
Posted at 3:18pm on Wednesday, July 30th, 2008
YTB is AMAZING, and is changing the lives of many!! Although the business is solely based around travel, there are more than 18 streams of income. The compensation plan is unheard of, with bonuses and incentives one would never be able to receive working an average 9-5! Having been in this company a little over 1 year, I have been given the opportunity to meet many amazing people who have become like family, always willing to help and work together so that all individuals in this company can get ahead.
The founders have honestly built this business with a vision based on pure integrity, value, and remarkable intelligence which is an honor, and refreshing at the same time. "Coach" has taken the greed out of MLM, and changed the reputation for MLM's placing YTB in a class of it's own. His desire to create a business that continues to give, and heighten the lifestyle of anyone that joins proves him trustworthy.
The amount of money to be made in this business is limitless, and doesn't ... read more»
TravelChill, Long Beach, CA
Posted at 12:37am on Wednesday, July 23rd, 2008
I have done my fair share of research on the internet and YTB has proven to reputable in my opinion. I found that YTB offers the same great discounted rates as the other top travel search engines such as SideStep and Kayak. Second, the affiliate program, or the commission they pay you is the same as all the other travel companies that offer affiliate programs. Finally, they offer a great rep recruiter program with many monetary incentives to top off the whole program. Not to mention the other discounts you can get with your own travel. Compare the rates for yourself
Mindy Gilmer, Missouri
Posted at 9:20am on Sunday, July 6th, 2008
I think Debby Garrett (see her comment below) is not really a travel agent. Otherwise, she would know that YTB earned probably around $350 off her $3500 vacation and they gave her 60% of THAT. If she was a real travel agent she would have known that. Thats why people that don't know anything about the travel business really should not bother to take advantage of this opportunity, unless you are willing to learn. Not just pay your fee and book a couple trips and expect to be making buku bucks. Its a good program if you want to be a home based agent, but that in itself takes a LOT of work and there are other host agencies out there that pay more commission. You just have to do your research and weigh out the pros and cons of each host agency. If you are looking at YTB because of the whole recruiting system of making money then I'm afraid I cannot comment on that, it seems kinda pyramid scheme to me, the travel side of it however is fine.
Jim, St Louis
Posted at 4:17pm on Sunday, May 4th, 2008
74% of YTB revenue comes from selling sites/sites fees, another 9%/10% or so from training (fees that RTA pay to get training) and only 14% comes from travel (check the company's annual report)
YTB focuses on recruiting. The system will eventually fail unless YTB increases travel revenue.
I would be careful before joining the company or pay $500 to join. Many people believe in the company and I could be a fool who does not understand the system.
YTB states that it has sold $500MM in travel but you must keep in mind that YTB has more than 120,000 RTA
According to YTB, its revenue from selling sites is growing at faster rate compared to travel
Revenues
(INFO FROM ANNUAL REPORT: Net revenues totaled $141,285,474 and $50,896,730 for the years ended December 31, 2007 and 2006, respectively.
· Online travel store sales and monthly web hosting fee revenue increased $66,768,824 or 181.0% in 2007 to $103,656,435 from $36,887,611 in 2006. The increase was due to the sig... read more»
Randon Taylor, Las Vegas
Posted at 3:20pm on Sunday, March 23rd, 2008
Debby Garrett- I don't know if you're dumb or what. 60% commision is 60% of the commision paid out NOT 60% of the total cost of the trip. I can't believe you were stupid enough to think you'd get 2 thousand dollars in commision for that trip.
Debby Garrett, Moro, IL
Posted at 3:43pm on Saturday, March 15th, 2008
I jumped in this ??? by giving it my 100%, I sent out 100+ emails, sent over 200 letters to family, friends and business's. I spent $700 on the initial fee, including the 6 months I was a member. Spend even more than that getting business cards and my own website. I was told I would earn 60% commission on bookings that was used from my site. TOTAL RUBBISH!!! I booked a trip to Cancun for my family of three. The total cost of our trip was $3500. My commission check was $200. Instead of 60%; I earned .06%. Not much truth to those promises of 60%. To top it all off, we had problems with our trip from the time we landed in Cancun. First of all, our transportation to our motel (that we had already paid for) was not there. We searched for over an hour until we were able to find somone who spoke English. Finally, our transportation was taking us to our resort. Guess What??? The resort showed our reservation had been rescheduled from May to June. Which we did not do!!! It too... read more»
David, Location unknown
Posted at 10:33am on Monday, December 24th, 2007
My wife and I own a travel and entertainment business through Your Travel Biz (YTB). YTB offers travel around the world and tickets to all events whether it be concerts or sporting events. YTB also offers you the opportunity to get others to join the company.
M. Dominique, Location unknown
Posted at 4:52pm on Friday, December 21st, 2007
YTB is absolutely incredible. It is a true travel businesses in which you can enjoy great rates on the travel side which will earn you commissions and also refer others on the marketing side who may want to create residual income which is totally optional There are over 18 income streams with the company and the founders are truly visionaries and men of great integrity that continue to over deliver. I have been with the company over 2/12 yrs and it has put my checks in the comma club and I have traveled to places that only working this business being personally mentored by millionaires has taken me! It is truly a life changing business!