Success In IDA Marketing Services

Posted on 01. Dec, 2009 by admin in MLM Reviews

IDA Marketing Services is a fairly new company. It launched in September 2008 and it currently operates out of 40 states. It uses the direct selling business model to market and distribute their primary product called, Collision Deductible Reserve Plan (CDRP).

IDA Marketing Services Opportunity:

What the IDA Marketing opportunity offers is a way to allow your customers to pay less on their auto insurance while earning a residual income.

To Join IDA Marketing Services, you have to enroll as an IDA Associate.

After you complete the enrollment process, all Associates need to complete the New Associate Orientation & Training Module. The purpose of the training is to provide all new Associates with a basic overview and understanding of IDA Marketing, its primary service, the Collision Deductible Reserve Plan (CDRP), and some other fundamentals regarding compliance requirements for business activities.

The training module covers the following:

The Company & the Business Opportunity
Authorized Products & Services
Compliance

To start as a business, requires you to fill out your personal infomation on a form. During this process, you will create a login and password to have access to the back office of your IDA Marketing System.

To get started, you have two options:

1. Certified Associate which is the Fast Track Program costs $499.95.

The benefits of this is the following:

Reduced Qualification requirements to become eligible to receive Customer Acquisition Bonuses (CABs) allowing you to earn more income faster.
Initial Training, and all futuer Associate training paid in advance
$9.95 Replicated website paid by the company for 36 months.
Free Associate Kit

2. Associate ($99.95) which includes:

Associate Kit and initial training cost
Access to your own replicated website for $9.95 monthly fee. The replicated website is paid by the company for the first 12 months. During the 13th month, you will be charged

IDA Marketing Services Compensation Plan:

First, to earn an income, you must first be “Personally Active”, which means that you must create 1 point per month or 3 points per quarter (Points may be carried forward for 60 days.)

Since there is not warehousing, shipping, or manufacturing payments, IDA can afford to pay out 80% to associates. This includes:

CDRP sale commissions
Enrollment commissions
Bonus Pools
Incentive Vacations
Stock Options
Check Overrides on Personal Enrollments
Car Allowances
Annuity for Life

How The CDRP Works:

The goal of CDRP is to help you set aside $1,000 into your CDRP account. To get started, you select one of the available contribution plans to help you set aside $1,000 in your CDRP account. IDA Marketing will electronically collect your contribution each month until $1,000 has been deposited into your CDRP account, at which point your CDRP is considered mature. Once your CRDP is mature, the IDA Marketing Services will no longer collect your contribution payment and the $25 or $50 that was being contributed to your CDRP account is back in your budget.

At this point, if you have a collision that requires you to pay a deductible, you simply retrieve the contributions from your CDRP account, pay your collision deductible, and the start the rebuilding process under your original contribution plan.

If you need to pay a collision deductible before your CDRP matures, you are eligible to receive an advance up to a maximum of $1,000, interest free.

All monthly advance repayments are in addition to any required plan contributions that still need to be made; however, you will not have to pay any interest or any fees on the repayment of any advance.

IDA Marketing Services Training:

Learning how to market your IDA Marketing business is essential to the success of your business. There are various strategies you can use to market your business. The key thing is to find a method or methods of marketing that work and not only work for you, but also will work for those who join you in your IDA Marketing opportunity. Failing in the network marketing industry is high and often the reasons fall into the category of lack of markting skills. If you discover that IDA Marketing Services does not offer marketing training or the training offered is not sufficient enough to generate success, you have the option to look somewhere else, but again, just be sure that whatever system or methods of marketing you select can be easily taught to others.

Building a business requires skill and knowledge about marketing and business, respectively. Thus, if you do not possess either of these, it is best to focus on learning and acquiring the skills and knowledge you need. Your business success is going to depend on this. But, in saying this, I want to add, that building a business is not a race, it is a marathon. So, don’t beat yourself up just because things are not happening as quickly as you’d like. Results will occur in their own time and when it does is usually when you are most prepared for it. Just stay focused and don’t give up.

IDA Marketing Services is a fairly new company. It launched in September 2008 and it currently operates out of 40 states. It uses the direct selling business model to market and distribute their primary product called, Collision Deductible Reserve Plan (CDRP).