Thursday, 7 March 2013

BB Traffic Pack Allowance Announced - Banners Broker Version 2.9 by Rajiv Dixit

Very informative recorded webinar by Rajiv Dixit
 - This video contains some very important information for BB affiliates.


Review of BB v2.9 with Raj - Webinar Notes
Raj speaking

Good morning. When we were in Manchester, we went over the new v2.9, we recorded it, but the recording is not ready. Some leaders were spreading the news, but there were misconceptions, so I am repeating it:

I am the CEO for Stellar Point International. I also serve as a senior advisor for BB CEO Chris Smith. My role is to ensure thatBB is in compliance.

(wait) This webinar is being recorded, so I am not typing Raj's presentation word-for-word today

(But I will summarize)

History of BB

Everything we do must be good for BB, good for the longevity. Must be good for compliance:

* Marketing guideline of terminology
* Compliance Department (June 2011)
now headed by David Hooker
* Began Training of affiliates (July 2011)
* Created a new website (Jan. 2012)
* Stopped allowing multiple accts. (Jan.2012 - BB2)
* Created IC program to ensure our growth.
* Stellar Point contracted (April 2012)
* KYC - "know your customer" protocol (July 2012)
* Brand ambassador - Lorenzo Guarini (Oct. 2012)
* Support improved
* BB 2.9 - (Feb 2013)

Challenges - Yes we have had challenges. Is this unique to us? No. Microsoft, each version has upgrades multiple times. You cannot have a problem free program. Even new games released have firmware upgrades constantly after launch.

We have an entire team of programmers working on these upgrades constantly.

Banners Broker - Why Change?

Most of us do not like change. I am the same way. But from a compliance point of view and the longevity of BB, change has been necessary.

I helped write the original terms and conditions. I am helping him write the new terms of conditions which will be released over the weekend.

#1 terms & conditions - this is a living document.. you accepted that there will be change as needed.

1. Exec. membership (covered in back office)
2. New Package and Panel - Prestige.
3. New types of traffic hits
(described allocation)
(Organic Traffic)
Choice network is being revamped. We brought on a new broker and their network. Currently the network is down but will be back in business next week.
Incentive traffic - we have a lot of customers in our network and you will be writing articles for blogs on their websites to earn traffic.
4. Traffic Banks
(showed how to qualify panels in the new system)
5. Qualification
(showed this on screen)

COMPLIANCE AND LONGEVITY are the 2 most important things to BB. They work hand in hand and dictate changes:

You cannot promote BB as 100% passive program. Our affiliates have been advertising BB as an purchase. We have had to answer questions from many agencies throughout the world. We are proactively monitoring affiliates to be sure you are promoting BB properly, to ensure longevity.

ZERO tolerance for non-compliance. Your account will be locked.. You have a chance to correct it, if you do not, you will be banned from BB.

New Policy effective March 1st. Account Coordinator service can only be used for 6 months. Longer than this would look like an purchase advisor. You have time to get familiar with the program.

New members can use the AC service for 6 months. during that time we will be holding training seminars and webinars so that you have an opportunity to learn the program.

Existing customers - Account Coordinator service will continue until August 1st. At that time it will end with no cancellation fee. Let me make it clear. If you are using this service today, you are committed to this service until August 1st.

(*) If you choose to cancel before August 1st - regular cancellation fees will apply.

This gives all members time to learn how to build their business. David and Grant are putting together some amazing training materials.

(*) Minimum Floor Enforced - Withdrawals. Many people have withdrawn to ZERO. Leaving not enough money for monthly commitments. Now you must have your monthly commitment in your account as a "floor" as a "float". You may withdraw over and above that figure.

BB has $32 million negative accounts. If you do not have a minimum floor, you cannot withdraw or do transfers of panels or packages.

Example: Prem. $100, TP's $500, total $600. If you have $1000 in eWallet, then you can withdraw $400. $600 must remain in your account.

Traffic packs - April 1st 2013

Allowance or Ratio

You cannot use strictly Traffic Packs. This makes BB an passive program.

1/3rd ratio

Our of every 3 panels, 1 must be qualified by other types of traffic.

April 1st... example 100 panels

1st 10 colors have no restrictions.

Next 60 I can qualify using TP's, remaining 30 must be qualified with sales credits, organic traffic or incentive traffic.

Grandfather clause - all existing panels are NOT affected.

THERE WILL BE A SOLUTION FOR TRAFFIC PACK COMMITMENTS - you will be allowed to reduce your Traffic Pack commitment - we will announce this as April 1st gets closer.

INCENTIVE TRAFFIC - no referring needed. but it is not passive.
Write blogs
example - write 36 blogs, you would earn enough to qualify a blue panel.
This is not a lot of writing. Is it worth spending one hour or a few hours a day to earn traffic? Yes.

You can qualify your panels via incentive traffic. It is not a requirement to recruit.

IT IS NOT A REQUIREMENT TO RECRUIT!!

You can earn traffic in several different ways. Incentive traffic is one of them.

Your success is directly related to the effort you put into this.

Please do not promote BB as passive.

April 1st - ACTIVE CAMPAIGNS are now required. For complimentary panels and regular panels you must have one active campaign.

We are not an purchase or a passive program.

PANEL SETTINGS:

1 out of every 10 panels per color must be set to 100%. Our new brokers are requiring more impressions being purchased, this will enable this to happen. Setting to 100% you will get twice the product and twice the impressions. We appreciate your help in this matter.

COMPLIANCE and LONGEVITY will dictate the following:

Is it good for BB
Is it good for the affiliates
Is it good for the longevity of BB

Annual withdrawal limit: $500,000
per calendar year.

1st $500,000 no restriction
2nd $500,000 - 50% sales qualifier triggered.

(*) Official info sessions will only be done by BB Officials.

This does not mean that affiliates cannot do presentations or info sessions. It means you must state that your session is not an official BB session. But you must use the BB presentation.

As we travel the world, we will be doing official BB information session. IC's will be doing private information sessions, and the audience must understand that the session is not sanctioned by BB. We want the same sessions and information communicated throughout the world.

There are no official BB offices anywhere other than Isle of Man and India. The IC offices and other offices all over the world are not BB offices. These are companies that have been given the contract to provide support or training.
(please watch the recording for details of this)

Longevity of BB is the #1 priority. We want BB around for many, many years.

2nd Annual World Convention will be held July 19-21 - Ontario, Canada - Scotiabank Convention Center.
Niagara Falls. Tickets go on sale next week!

We will be giving away a Mercedes Benz. New Panel - Mercedes Panel. Each purchase will give you one entry in the drawing. You must be present at the convention to win!!

(wait) These are very brief notes of Raj's presentation - please watch the recorded webinar for details and to hear Raj directly go over the presentation of all the new 2.9 changes!! Please watch the video to understand the changes in BB and why they were made to ensure the longevity of BB!

BB is solid, is growing, and will be here for years to come!

This webinar is being recorded.

(end of webinar)

(Thanks to Linda)


Tuesday, 26 February 2013

Banners Broker Version 2.9


Here are the major features of 2.9 and the changes to 2.8:

Changes in Design:

The backoffice of 2.9 will have a new outfit. As far as we could see in the Q&A, everyone will soon be familiar with it. So don't worry.

Changes in Traffic and Traffic Allowance (aka Macro):

2.9 will have 4 different types of traffic banks for each colour:

- Sales Credits:

The positive aspect concerning sales traffic in 2.9 is, that the system returned to 1/2 sales credit for ALL kinds of qualifications. While 2.8 only gave you 1/4 sales credit if you referral qualified a panel with TP, in 2.9 you will get also 1/2 sales credit in this case. All sales credits are automatically allocated to these colours, which your referral used. This is unchanged.

Sales Credits (SC) don't affect the Traffic Allowance anymore. This may have different effects on different accounts. The positive point is, that in 2.9. you can qualify panels with sales credits REGARDLESS of your Traffic Allowance (TA). Even if your TA is zero for a specific colour, you can qualify unlimited panels of this colour with sales credits, as long as you have some for this colour.

That said, qualification with Sales Credits will NOT increase the Traffic Allowance of the lower colour as well as it will NOT decrease the Traffic Allowance of the actual color, as it happened in 2.8.

- Bought Traffic (Traffic Packs):

TPs are the ONLY type of traffic, which will affect your Traffic Allowance. The rules concerning this are the same as in 2.8. This means, for all those who run their account only with TPs and have no other type of traffic, NOTHING will change concerning TAs.

The only change, which affects all of us, is the new allocation of TPs. While in 2.8. you could use TPs (General Traffic) whenever and wherever you wanted, in 2.9 you need first to activate the TP and allocate it to colours. You must allocate a TP completely before you can use this traffic. BUT you can have unlimited not activated TPs, which are waiting for this process. You can use them on demand (as long as you have some). Traffic (and consequently TPs) never expire.

Organic Traffic:

Organic traffic didn't work in the last time in 2.8. This is addressed in 2.9 and you can promote the websites with organic traffic again. It will stay unchanged, that each hit (click) will be worth 5 Points, which will be put into your organic traffic bank. Before you can use this traffic, you have also to allocate it to colours.

- Incentive Traffic:

This new type of traffic will be given for doing some tasks within BB and will be specified later. The rules for using this type of traffic will be the same as above, it means it must be also allocated to colours before you can use it. Credits from Rollups of your referral will also be placed in this traffic bank.


As conclusion we will have 28 different traffic banks which we can use: Each of the above traffic types (4) x Each colour (7).


New Panel- and Package type:

2.9. will give us a new type of Panel - the Prestige Panel. It will have the same rules, as black had it in 2.8., but of course a higher value (3x). Especially there will be no limit concerning Traffic Allowance for this highest panel. That said, a limit for TA will be introduced with the known rules (5) for Black (because it is not the highest panel in 2.9). So Black will be treated in this case the same way as all colours below.

Equivalent there will be also a Prestige Package available to buy. This will be used for the initial purchase and will follow the same rules as in 2.8. with all other colours.


New Membership:

With 2.9 the Executive Membership will be introduced. The monthly fee for this will be 500$ and you will get additional features: VIP Phone-support, a presentation of your business in the BB-blog, cheaper traffic booster and faster withdrawal.

The already known memberships "Standard" and "Premium" will have the same conditions as in 2.8.

For existing members there will be the Grandfathers Clause introduced, which decides, if an existing member will become an Executive Member or will stay within his current membership status.

The criterias to be automatically switched to Executive Membership:

- You have currently MORE than 29 TPs
- You have currently pending withdrawals of MORE than 10.000$
- You have currently 9 - 29 TPs and decide to subscribe to another one AFTER 2.9 is live

The criterias to stay Premium / Standard:

- All members who have currently less than 10 TPs and less than 10.000$ pending withdrawals (after 2.9 is live), stay Premium (or Standard, if they have less than 2 TPs)
- All members who have currently 10 - 29 TPs stay Premium as long as they don't subscribe to another TP (after 2.9 is live) and/or as long they don't have pending withdrawals above 10.000$ (Grandfather Clause)

To enter the Executive Membership, you MUST have at least one Black Panel. This does NOT mean, that you become Executive Member, IF you have Black Panels. Once you fulfill the ABOVE criterias for being an EXECUTIVE, you will be forced by the system to purchase at least a black panel (in the case you don't already have one) before you can proceed.

In other words: If you are currently at between 9 and 29 TPs and you want to subscribe to another TP in 2.9, the system will not let you do this subscription as long as you don't have a black panel. That said, ALL members (equal which level) CAN have black and even prestige panels WITHOUT being an Executive.

The Executive membership ONLY depends on 2 things:

- Number of Traffic Packs
- Amount of pending withdrawals

It DOES NOT depend on ANY panel colour you have. You will NEVER be switched ONLY because you purchase a black or prestige panel.


Qualifying Panels:

In 2.9 you will have the following possibilities to qualify a panel:

- Fully Sales Credits:

You:
SC-bank for this specific colour will be reduced by 1 Panel-Value. NO changes on ANY Traffic Allowance.

Your Sponsor:
SC-bank for this specific colour will increase for 1/2 Panel-Value.

- Half Sales Credits / Half TP:

You:
SC-bank for this specific colour will be reduced by 1/2 Panel-Value
TP-bank for this specific colour will be reduced by 1/2 Panel-Value
Traffic Allowance for this specific colour will be reduced by 1/2 Panel-Value (because only 1/2 qualification with TP)
Traffic Allowance for the lower colour will be increased by 1 Panel-Value of the lower colour (because higher colour only 1/2 qualification with TP)

Your Sponsor:
SC-bank for this specific colour will be increased by 1/4 Panel-Value (1/2 of the 1/2, because the other part is qualified from you with TP)
TP-bank for this specific colour will be increased by 1/4 Panel-Value (1/2 of the 1/2, because the other part is qualified from you with SC)
So all together 1/2 Credit, but - and this is new - allocated to the appropriate types of traffic

- Fully TP:

You:
TP-bank for this specific colour will be reduced by 1 Panel-Value
Traffic Allowance for this specific colour will be reduced by 1 Panel-Value
Traffic Allowance for the lower color will be increased by 2 Panel-Value of the lower colour

Your Sponsor:
TP-bank for this specific colour will be increased for 1/2 Panel-Value.

- Fully Organic:

You:
Organic-bank for this specific colour will be reduced by 1 Panel-Value. NO changes on ANY Traffic Allowance.

Your Sponsor:
Organic-bank for this specific colour will be increased for 1/2 Panel-Value.

- Fully Incentive:

You:
Incentive-bank for this specific colour will be reduced by 1 Panel-Value. NO changes on ANY Traffic Allowance.

Your Sponsor:
Organic-bank for this specific colour will be increased for 1/2 Panel-Value.

- Half Organic / Half Incentive:

You:
Organic-bank for this specific colour will be reduced by 1/2 Panel-Value. NO changes on ANY Traffic Allowance.
Incentive-bank for this specific colour will be reduced by 1/2 Panel-Value. NO changes on ANY Traffic Allowance.

Your Sponsor:
Organic-bank for this specific colour will be increased by 1/4 Panel-Value (1/2 of the 1/2, because the other part is qualified from you with Incentive traffic)
Incentive-bank for this specific colour will be increased by 1/4 Panel-Value (1/2 of the 1/2, because the other part is qualified from you with Organic traffic)
So all together 1/2 Credit, but - and this is new - allocated to the appropriate types of traffic


Credits for Rollup Panels will be placed in the Incentive Traffic.


Important Update: (Update 18/02/2013) (thanks for this information to our Beta-Testers)

Any qualification of a panel from a referral with TP (or half TP), where the credit is transfered to the TP-bank of the Sponsor, DOES increase the Traffic Allowance in the Sponsor's account.


Locking Panels: (Update 18/02/2013) (thanks for this information to David Huskey)

A) When a new panel (Purchased Panel) is locked the referrer gets a full Sales Credit in the referrer's Sales Credit Bank. (2 full Sales Credits are enough to qualify one panel of that color).

B) When a new, not locked, panel (Purchased Panel) is qualified with Purchased Traffic the referrer gets a full Traffic Credit in the referrer's Purchased Traffic Credit Bank for that color, plus a full Traffic Allowance into the Traffic Allowance for that color (2 full traffic credits plus two full Traffic Allowance credits are enough to qualify one panel of that color).

C) When a new, not locked, panel (Purchased Panel) is qualified with Sales Credit Traffic the referrer gets a full Sales Credit in the referrer's Sales Credit Traffic Bank for that color. (2 full sales credits are enough to qualify one panel).

From A) and B) above you can see that in order for there to be any Sales Credits at all someone down the line had to have purchased and locked a panel.

D) When 3 not locked new panels or 3 re-purchased panels are rolled up (or a combination of re-purchased and not locked new panels) then the referrer gets a full sales credit in the referrer's Incentive Credit Bank for the higher or "rolled up to" color. (2 full sales credits are enough to qualify one panel).  No sales credits are available if the pre-rolled-up panel was a locked purchased panel.

This last point "D)" is a huge improvement over BB V2.8. Never before was it possible to completely qualify a panel with rolled-up panel credits alone because of the lack of Traffic Allowance.   This is now "Fixed" in V2.9..

Also note that even though the referrer gets Traffic Credits in the Purchased Traffic Bank when a referral Locks a Purchased Panel, there is no need to "Allocate" this traffic because it is already allocated to the same color that was locked by the referral.

In addition to the above, it holds that when anyone qualifies a panel 100% or 50% from Purchased traffic Bank, Sales Traffic Bank, Organic Traffic Bank, or Incentive traffic Bank, that panel will release the same type of Traffic Bank credit to the referrer, when that credit is due to be released. 


New 10% Clause: (Update 19/02/2013)

You will have to have 10% of your panels set to 100%, this is (regarding to the information of Terry Stern, thank you for this) to counter people who have abused the system buying 5000 yellow panels and aren't using the larger ones to build their business. The problem is in buying all smaller panels, that there's no sustainability in the system. So, to promote sustainability in the system 1 in 10 of your panels per colour need to be set to 100%. If you have 1 or 2 or even 5 panels, what happens then? Well, since you can't have a percentage of a panel set to 100%, it only takes effect once you have 10 panels in any colour. Those of you who have only a couple or a few of any one colour don't have to worry about the 10% rule, it only takes effect after you have 10 panels in any colour.


New Rule for Accounts: (Update 25/02/2013)

When you ask for a withdrawal, you must leave an amount equal to one month's expenses in your ewallet or the withdrawal will be denied. If you don't have this amount in your wallet, you also can't transfer any package or panel.


All other major rules (assuming I have nothing forgotten) will stay the same as in 2.8. This should be only a small guideline, the details you will learn when you use the system.

Banners Broker World Tour Manchester Update



The presentations on sunday were again excellent and Raj did most of the presenting today. The theme of the whole event was about BB's longevity.

The main announcements  were: 

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 cancellation 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 Benz 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 BB 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.

The new UK GM was introduced, she is from Stella Point in Canada. The office is due to open in the next week or so.

Thanks to Lillian, Catherine and Kanye for sharing..

~BBWorld Admin~