(*) Friday Q&A Webinar 01/24/14
Ron Anderson speaking:
Good Morning, welcome to the call. Opt-in period if winding down. If you are going to sign up for BannersMobile and be in the drawing for one of the prizes, please go in and purchase your package for BannersMobile.
Chris Smith speaking:
(Chris is doing a BB v3 PowerPoint presentation today, so please watch the Webinar replay to understand it completely)
Okay, let's get rolling. Sorry for the late start. Let's get started.
As you know Version 3 is upon us. We have already started off with a few items:
New Panel Purchases
New Traffic Boosters
New Traffic pack subs
etc.
Dates for Version 3:
Feb 4 - Blackout of BB2.9
Feb 5 - Tesla Giveaway
Feb 10 - End of opt=in for BannersMobile
Feb 10 - BM down for a bit
Feb 11 - BBv3 Launch
BannersMobile opt-in ends Feb 10th. Accounts that are not active will be purged. If you built a team, you should be in BM and have your team. otherwise you will be removed and not have your team anymore. Please make a decision wisely. Separate company, separate accounting, separate payouts. This is a easy way to be part of the mobile platform advertising world. Lots of prizes will be given away, so please join us.
The Rationale for BBv3
(see slide presentation)
We need to change. We need to recognize how we got here, what were the problems, plug up some holes. BB never was an investment program, however we do have investors inside BB. We were catering to them for a while based on what was available. Now you will have to do something to earn your payout and be part of the advertising channel. Buying packages, using the choice network, incentive tasks, monetizing websites. These are things you will have to do in order for your panels to move. We are trying very hard to be sure BB is here for a long time and no regulators can look at us and see anything wrong. Sometimes change is good. You guys on the call are the ones who are able to help out with the explanation to all the members what are the reasons for the change in order for BB to continue. We are asking for your help. We will be distributing a PDF with all the migration rules. We need your help to explain it to your team, so everyone knows what's happening.
Rapid Panel
$5 to purchase
$5 to cap
Max - 50 per account
No Repurchase
Each week someone receives a $500 payout (instant) as a winner
This is a promotional item for BB v3. There will be a showcase of the winners, with testimonials. This is the purpose fo the rapid panel. It is not to put money in your pocket. It is a selling tool for you to use.
Sales Credit Generation
(please see the slideshow for details)
3 Generations of sales credits.
Gen 1 - Complimentary 1 100%
Gen 2 - Complimentary 2 0%
Gen 3 - Repurchased panels 0%
Purchased Panels
4 Generations
Purchased Panel 100%
Repurchased Panel 50%
Repurchased Panel 25%
Repurchased Panel 0%
Rollups - 0%
3.0 Packages will be the SAME
Yellow $10
Purple $30
Blue $90
etcetera
Admin Fee (3 months will be included in package price)
Impression pack included (25,000 impressions)
3x Rapid Panels
Total: Example
$215 Blue or $485 Green
Fast Start only available through a Red Package. Commissions given once the package is paid for
Sales commissions:
Impression Packs = 25% ($6.25)
Traffic packs = None
Traffic boosters - None
Referrals of affiliates with free accounts. With version3 we have finally recoded this process.
(please see the replay for this detail)
Subscription Level
Standard stays at Standard
Premium stays at Premium
Executive begins at Premium
First month admin fee is only $10 for everyone. After that $100 for Premium, $500 for Executive.
Your $10 can go toward whatever admin fee you choose. You have 90 days to pay this. All accounts that are not activated will be removed in 90 days from launch date.
Admin fee will be lower for some countries. Standard = $7.50 Premium $50.
(please watch the webianr for a full explanation and list of countries)
Migrating Accounts:
Negative accounts:
50% is credited by BB
50% will have to be paid by the affiliate
The Credit from BB will have to be paid within 120 days.
Affiliates whose accounts were managed by Account Coordinators and are now in the negative will receive a full 100% credit advanced.... and you will have 120 days to pay this.
This way everyone can begin bb3 with a zero balance and will ahve plenty of time to pay your negative balance.
Negative Accounts in bb3
We will be much more strict in BB3. Panels will not move, you will lose bonus traffic, many things will happen if you go negative.
Subscription Protection is available for $100 which covers you for 6 months and the above things will not happen if you have this. $500 for Executive (please see the webinar for detail explanation)
This way no one will be caught by surprise with a negative account
Traffic Packs
ALL TRAFFIC PACK SUBSCRIPTIONS WILL END AND WILL NOT CARRYOVER TO BBv3
You can still have TP's with limits
Standard - 1 Pack
Premium - 9 packs
Executive - 30 packs
Traffic Pack stipulations - Each affiliate is allowed a basic amount, and can add more based on your referrals.
Standard +1
Premium +2
Exectuive +3
Traffic Packs - more TP's through incentives will be coming in the future.
(please see the slide for SUBSCRIPTION DIFFERENCES)
Standard, Premium and Executive benefits
For example, Executives can earn 10,000 credits for giving webinars weekly.
Multi-Panel Qualification Tool - this is NEW and will be availalbe in the Executive Membership free of charge. Qualify 120 panels at the same time
TP Bonuses - Zero for Standard, 10,000 for Premium, 25,000 for Executive.
(see webinar for detail)
What is Transferring to 3.0?
V2.9 is "tangled and bloated" and we need to untangle it and unbloat it. We need a fresh start and good for all.
3 dates for how this will work for members based on when you joined:
Before Nov 4, 2012
Before Feb 21, 2013
Befoer May 15, 2013
(explantion as to why is on the webinar replay)
Your Logs will not be transferred, different coding, different system, so this will not be transferred, as to panels. I believe withdrawal logs will be transferred (double checking on this)
Impression Bank - `100%
Ad Campaigns - all cancelled, unused impressions will be back in your bank
TP subscriptions - none transferred
Traffic Pack traffic
if allocated 100%
if unallocated - a percentage will fall in line with percentages for panels (see below).
Sales Credits - 5%, 10%, 15%, 20%
Organic Traffic - 100%
Incentive Traffic - 10%
(because this included rollups, which is now deemed to be zero)
Purchased Panels - 30%, 45%, 60%, 75%
(value of the panels will go into your wallet, not the actual panel itself)
Repurchased Panels - 0% will transfer
NEW ACCOUNTS - Comp 1 and Comp 2 will transfer 100%, as well as repurchased from Comp 2.
Qualified panels - moving over 100%, however they will be deemed LEGACY PANELS, when they cap the money goes into LEGACY WALLET. 50% cash - 50% will be the value in impressions rather than a repurchased panel
(end of Part 1)
(to be continued)
[9:03:39 AM] beaches777:
Part 2 (continued)
BB Q&A Webinar 1/24/14
LEGACY WALLET - A new Wallet for bbv3 will be introduced. This will hold money earned in 2.9, based on your join date for BB.
eWallet transfer.
Separate queue for Legacy Wallet and eWallet. Separate payouts, separate withdrawals
Available to Withdraw - up to $200 cash
Advertising Credits - 10%
Legacy Wallets - 90%
Withdrawals requests - each Wallet will have only one request entered at one time.
(PLEASE SEE THE WEBINAR REPLAY FOR DETAILS ON THIS AND SEE THE SLIDES)
Example: $1200 in eWallet BB2.9
(never withdrawn)
BBv3 - Available to Withdraw $200
Balance as follows:
10% to ad credits
90% to Legacy Wallet
If you have withdrawn before, $0 will go into Available to withdraw, 10% to ad credits and 90% to Legacy Wallet.
All pending withdrawal requests will be reversed and the system will take your earliest date and enter "generate" a new withdrawal for you. This queue will be in proper date order. this will be a HUGE IMPROVEMENT. It will be more transparent and you will know where you are in the queue in V3. This will be fair for everyone.
I am happy we have come this far. I love BannersBroker and I love the people and I love the concept and I love the advertising concept. I want to spend my future with BB. All I need is you. Our leaders are on board. WE have a great team, great support team, and great programming team. We have a great manager in Belize running our office down there. Thanks goes out to all involved.
We need to change for the better so that BB will continue for a long time. Ron is answering questions on the chat.
Ron - all is good. The webinar will be posted in the back office, so your teams can review this.
Chris:
This is one of the largest webinars we have had in some time. I am glad to see you all here and your involvement. I am putting up the launch dates again. We are right around the corner. We want to make sure that you are prepared for BBv3.
BannersMobile, please check it out. After the blackout you will lose your spot with your team. Be a part of BB and continue on with us.
I could talk forever in terms of how much I appreciate all of your support. it's been so great. I am working with a group of fantastic people, leaders in the field, people who are making things happen. Keep up the great work. We are making sure we maintain and preserve BannersBroker. I am excited and pumped up. let's bring on Version 3! Have a GREAT weekend.
(end of webinar - please see the replay for details on BB3)
(notes prepared by Linda Lane and are official BB transcripts, please include this with all repostings)