YTB business opportunity is offered through YTB International, Inc. YTB is “your travel business.” It operates under various trade names including ZamZuu, YourTravelBiz, YTB Travel and Cruises, YTB Travel Network, and Sunrise Travel Services. In the YTB business opportunity you are known as a referring travel agent (RTA) and you can refer customers to your main travel site or YTBGolf, YTBRomance, YTBFlowers or YTB Cars the minute after you join. No training is required to refer customers. You can also learn to be a licensed broker and earn higher commissions. Licensed or certified travel agents pay a $49.95 monthly fee. YTB E Campus is an online Travel Agent Certification program with training at $29 per module. Is this something that you can use to get discounts on travel and to collect additional income?
Publicly Traded Company
The company was founded in 2001 by J. Lloyd and Scott Tomer and Kim Sorensen. They are headquartered in Wood River, Illinois. The company is traded on the over the counter market bulletin board and pink sheets. Recent market prices for the stock are approximately $.04-$.08 per share. As of January 1, 2011, RiskMetrics Group rated the Board as high risk, and shareholder rights as high risk. This is to be expected for a stock the market is valuing at less than ten cents. Still, the company does appear to be expanding and adding new services. Just be careful to complete your own due diligence. There is no fee to join.
YTB Business Opportunity
In addition to travel, YTB members can also refer customers to a free replicated ZamZuu store front with a commission on 500 stores offering a broad category of products from pet supplies to electronics.
YTB does not try to compete with high service professional travel agents, but competes for travelers who choose to use the Internet as their travel agent. YTB RTAs or referring travel agents simply refer family, friends, neighbors and associates to their replicated web site. It is also possible to book group travel for more income, and you can work part time.
YTB charges $5 for an airline ticket. Income from the store appears to be paid in two ways: a discount or cash back to the buyer, and a percentage of the rebate paid as commission to the referring agent. It appears that you need to generate a large volume of business to make much income, and that the primary benefit is receiving a discount on personal travel packages and being able to refer your site to friends and family, so you could test the company on your own travel first.
To build a larger customer base, you will need to expand your online efforts beyond the provided web pages, to drive additional traffic to your specific site.