The Cognigen Business Pays… And Keeps On Paying!!!
With Cognigen, the best part is that the money never stops coming in. Even if you have not managed to get anyone in the network for a long time, and haven’t even managed to sell any product for a couple of weeks, there is no worry. There will be money coming in at the end of the month. Well, now that is something that doesn’t happen in other MLM businesses, isn’t it? However, that is part of the business plan that the people at Cognigen made over ten years back. The plan helps its agents to get a part of the income month after month once they have made a few initial sales. In order to know how that happens, we need to know about Cognigen in greater detail.
Cognigen is basically an MLM business that deals with telecommunication products from some leading brands in the market. It provides these at cheaper rates than the prevailing ones in the market. Agents have to sell these products to people for which they get their commissions.
Now here is where the income strategy begins. When you sell a product, you get a commission on the sale you have done. The commission you earn will depend on the total volume of sales you have done in the month. However, it will depend from 6 to 7% of the market price of the product that is sold. As you increase in your level in the Cognigen agency, and get more people in your network, you go higher with the commissions that you get.
Remember that with Cognigen, you are selling telecom products. These products are not onetime use products. People will be using these products month after month, and will be paying bills for the same. And each time the company gets their billing amount from people, you will also get the commissions. That means, even if you have not sold a single product in a month, you will get the commissions of the bills that your earlier products will have made in the month. This kind of income is known as residual income at Cognigen, because it will always come to you, even if you have not done any active sales within the month. In order to know how much of these residual incomes will become yours each month, you will need to read through the Cognigen business plan carefully.
Then you must also consider the override incomes that will keep on paying you, even if you do not make any active sales in a month. According to the Cognigen business plan, a person in the upline is entitled to get a percentage of the income of the agents below them in the network. This is called as override income, and it is applicable for six levels below an agent. It starts out from 1% for new agents (known as qualified agents in Cognigen) and then goes higher – up to 5% - as the agent grows in level at Cognigen.
That means, even if you do not actively conduct sales in one particular month, or do not induct any new members, you will still get a check. But, of course, we assume that you have done good work in the past. However, at least, you can take a break when you want. Now, whoever said that you cannot take a vacation when you are in an MLM?
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