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The N2 Company

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The N2 Company

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  1. 1.0
    Current Employee, more than 8 years

    Model not sustainable

    2 Jan 2023 - Area Director 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Meeting residents Meeting business owners Make your own schedule Can earn good Money in short term Good 3 to 5 year opportunity for a cold calling aggressive salesperson

    Cons

    Product does not deliver what clients want as Cost is way too high, there are not enough potential homes that can do business and the product is filled with ads so there is little chance to be seen. They even say “the magazine without events doesn’t work.” Events are not regular and often there are not enough residents there to bring business. They are fun, the stories on the newsletter are good and read bit don’t equate to business for more than a handful of realtors, High end remodelers and. I niche businesses. Etc..roi is low. N2 charges way to much to its area directors in addition to costs outside for Staff and gifts and errors and quarterly taxes and extra pages. Relationships that begin great sour due to low roi, requirement of Area Director to collect payments when they don’t go thrift, which affects income, and so one may go through 300 businesses in 3 or 4 years. Contracts trap business into paying thousands for ads that don’t bring many calls and so the relationships are harmed. Model is not sustainable so many quality businesses close. It is just like insurance sales and knife sales..hard core cold calling. 100 percent commission income No benefits Required costs of travel and training and override for leaders Deceptive tactics to set meetings

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    6 people found this review helpful

    The N2 Company Response

    Hi there. While we appreciate you taking the time to leave a review for a role you were in for more than eight years, we have to disagree with your many points. The award-winning training we provide for our Area Directors does not include selling false promises. We stress the importance of clear expectations and open communication with our clients from day one. Anyone who does not follow this is not a fit for this opportunity, which may have turned out to be the case for you. We have tens of thousands of happy, returning businesses who partner with their local publication to reach their ideal clients and are sad to hear you don’t believe the clients you served were a good fit. As an Area Director, you have the ability to drive your financial outcomes and we have not changed our commission structure in many years. The points you made in the “Advice to Management” section of this review have been shared with leadership. We wish you the best.

  1. 5.0
    Current Employee

    Fantastic Opportunity for Growth and Salary

    2 May 2023 - Regional Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    I started with the N2 Company in 2013. I quickly realized that what I put into the role was what I could expect to get out of the role. Starting as an Area Director, I worked my way into a multiple six figure income, but it didn't come without dedication and hard work. For those with an attitude of going to work and being open to learn, it's truly a simple formula for sustainable income. You're providing something unique and valuable to the community of business owners as well as readers. I since have transitioned into a corporate position, which includes incredible benefits and culture. The N2 Company truly cares about its people and our well being. The opportunity is untapped at the N2 Co.

    Cons

    We could implement new technology quicker and more seamlessly

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    The N2 Company Response

    Content Strategist

    We really appreciate hearing about your experience, as well as your advice on how to improve. It's amazing to see people within N2 succeed in multiple roles, and it sounds like you are one of them! Thank you for all you do to help our Area Directors grow stronger every day.

  2. 3.0
    Former Employee, more than 8 years

    Good stepping stone opportunity for young professionals

    10 May 2023 - Ad Designer in Wilmington, NC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    ** When reading this, keep in mind that I was a W-2 employee at the Home Office, which is a completely different side of the business than the Field (i.e. “Area Director”). Area Directors and their teams sell ads and generate content for magazines while the Home Office designs and produces the products. Remote work; flexible hours; full Adobe Creative Suite subscription; low-stress work environment; an understanding and accommodating company that can cater to the needs of the individual; potential for short work days/weeks. This is an easy, low-stress position that is ideal for young professionals who have low living expenses and are looking for a resume-building position, or individuals who are looking for supplemental income for their household. The position is primarily quantitative-based and consists of creating and revising ads for clients that advertise in the magazines, as well as quality-checking provided ads. Ad touch goals are set at the beginning of the week (typically between 20-30 per day), so if the ad queue leans more towards revisions/provided ads or dries up, it is not uncommon to have short work days once you have learned the ropes of the job.

    Cons

    N2 is not a “bad” company to work for - it’s far from it - but it’s not perfect either, and I want to share my perspective having worked for them through the rapid growth of 2014-2018, as well as the plateau of the past several years. I believe that a vast majority of the people working at this company are well-intentioned, and I hope that my insights will help explain why I am calling this position a stepping stone opportunity. I probably could have just left this section at “low pay” and moved on, but let’s take a deeper dive: 1. Low pay: It’s no secret among Home Office team members that low pay has always been a point of contention. The below-average salaries are whitewashed with non-monetary benefits like access to a fitness instructor and nutritionist, remote work, wellness stipends, a friendly, people-centric work culture, and more common corporate benefits such as 401k match and health insurance. Recently, sabbaticals have been added for employees who have worked there for longer than 4 years. It’s as if upper level management is trying to do everything they can to avoid directly addressing the most common frustration that their employees bring up. In eight years working for this company, I never received a merit or cost of living increase. I went almost three years making the exact same salary before requesting a raise in 2021; I received a 3% increase and was told that I was now making the most I could possibly make in my position, regardless of quantitative or qualitative output. At time of writing, the ad designer salary starts around $40k/year and caps (they might tell you that there’s no cap, but there is) at $50k with the opportunity to make up to $4,500/year in bonuses if you average 40+ ad touches per day with > 95% accuracy. It equates to working approximately 30-40% more than the required workload for a 9-10% bonus. If you get promoted to lead one of these teams, you can expect your salary to land somewhere within the mid/high $40k to mid $50k range (yes, this means that some of the more tenured designers on your team will probably be making more than you - plus you’ll forfeit your ability to earn bonuses). Many mid-level leaders - even those who have worked for N2 for over a decade - still haven’t cracked through $60k. A lot of employees (team leaders included) work part-time jobs or freelance in addition to working for N2. One of the company’s “core values” is a work/life balance, so I find it contentious that a significant percentage of the workforce feels the need to seek out supplemental income with added “work” during what is supposed to be their “life” time. As with previous reviews noting low pay, it is likely that somebody from their PR team will reply to this review and reference their pay analysis software, Payscale. If you look at N2’s profile page on the Payscale website (Google “N2 Publishing Payscale”), the company currently earns a "Fair Pay" rating of 2.4 out of 5 stars for their compensation packages. My understanding from talking with former colleagues who have worked directly with the software is that it is utilized to hone in on the low end of a salary range rather than to truly compensate competitively. 2. Lack of advancement opportunities: The ad team of about 25-30 designers is headed up by three team leads, so there is very little room for career advancement unless you decide to change departments or a leader leaves or transitions into a different role. However, as I previously noted, promotions don’t necessarily garner a significant pay increase; my salary as an ad designer was higher than some of the leaders that I reported to, as well as those who managed teams in other departments. 3. Field and Clients frustrated with ad quality: Something that has become more vocalized in the past few years is complaints from clients and the Field (Area Directors, their teams, and even the company’s President/Co-Owner on an impromptu Zoom call with the design team) is that they are frustrated with the quality and effectiveness of N2-designed ads. A quick look at N2’s reviews on Google would have previously confirmed that many clients don’t receive a single direct lead during their 12 to 36 month contracts; however, they appear to now be pulling strings on the backend of their Google Business page to make it more difficult to locate this influx of negative reviews. I believe this issue stems primarily from the company historically seeking out designers based on their abilities to use creative software rather than hiring those with backgrounds in marketing and advertising. This long term oversight has since caught up with them, and the design team has subsequently been pressed to both learn and teach marketing, advertising, and brand management concepts on the fly.

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    The N2 Company Response

    Content Strategist

    Hello. We recognize the time and effort it surely took to write this thorough review, and we really appreciate your feedback. Thank you for your many years of dedicated service to N2. We trust that during your time with us, you communicated your concerns directly with your leader and/or HR. Regardless, this review has been shared with HR and company leaders. We wish you all the best in your next work journey.

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The N2 Company Photos

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The N2 Company photo of: N2 National Conference
The N2 Company photo of: At N2, we value celebrating our team members for their dedication, hard work, and "we, not me" mindset. We love recognizing those individuals who regularly go the extra mile and strive to be better to
The N2 Company photo of: Real Producers and Stroll Area Directors at National Conference
The N2 Company photo of: A stunning cover from our publication, Stroll Davidsonville!
The N2 Company photo of: Residents enjoy reading N2 publications because it's about their neighbors. The magazine is a reflection of the community itself.
The N2 Company photo of: National Conference!
The N2 Company photo of: Our monthly Home Office team meeting has turned into quite the production!
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