Banner Broker - Update
Banners Broker 2.9 version has made many changes to improve longetivity of the company and make it legally compliant.
You NEED TO understand these changes so you know how to run your business efficiently. Please watch this video as it explains most of the changes.
Banners Broker Update Summary
The main changes in Banners Broker 2.9 version are summarized below:
1. To make a withdrawal you must take in to account your monthly commitment first and the difference between that and you balance is all you can withdraw. Same applies to transfer of panels and packages to direct referrals. Account must have enough funds to cover monthly commitments
2. You will only be able to quality a certain % of panels with traffic pack traffic before you have to qualify a certain % with traffic from the other traffic banks (organic, sales or incentive). Details yet to be worked out. Watch out or more details.
Those who have purchased loads of traffic packs before the ratios of traffic pack to other sales credits are determined, there will be a way to reduce the number of packs to even the balance on the restrictions on using traffic pack traffic.
3. The max withdrawal in a calendar year without restrictions is $500,000. Any amounts beyond that would require 50% direct sales so your maximum withdrawal in a year is $500k plus two times the value of your direct sales.
4. You have to have 10% of your panels set to 100% so every 10th panel you qualify should be set at 100%. Say if you have 20 qualified yellows 2 will have to be set at 100%.
5. For new accounts, for your complementary package to complete, you must have an active campaign running. For all other accounts you'll need to have active campaigns for your qualified panels to earn revenue. You must use your impressions.
The reason is there are thousands of affiliates with loads of impressions sat there not doing anything and they are worth traffic so you need to use them either in the blind network or in the choice network to get organic traffic
The very strong message in all the changes is to eliminate passive earnings as this is a business not an investment.
Changes will begin in early April except the annual withdrawal limit which starts on 1 March but backdated to Jan
The current delay in payouts was explained in detail but is expected to improve in coming days.
Charges for contacting support have now been activated and will apply depending on your account type
Other changes include:
From 1 March, Adco services will only run for 6 months from signup to allow new members to learn the business. After that every affiliate is expected to manage their own accounts. Arrangements for this service for Existing affiliates will be terminated from 1 August without any cancelation fee
Withdrawals for company accounts will be done through STP. Put a support ticket in with the business account details and the STP option will be activated.
A new blue boosted panel "the Mercedes panel" Will be created as a promotion to the Niagara annual convention. This will cost $180 and will be in with a chance of winning a Mercedes at the event. Only condition will be that you must attend the convention - dates are mid to end July - details to be confirmed in the next two weeks or so
At this annual convention, the new Banner Broker millionaires will be awarded their gold BB millionaire rings. This will be for accounts that hit the $1M total earnings mark by April this year.
Let's rock on!
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