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Utility Warehouse (Telecom Plus) Discussion
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Never once in the time I have been involved with UW has anyone ever suggested to me during any training sessions that I should use the savings calculator on the public website, print off the information and use it with a client.
Nevertheless we have all heard the training audio where scouse Jimmy trains the reps to do this! And to use it to overcome the objection from a gullible unhappy to pay the club fee.
http://www.networkerplus.co.uk/audio/jc/Handling-Objections-181009.mp3
If you have missed scouse jimmy's training sessions you should catch up on him.
Here's a video of him at work showing reps how to pretend you are asking a friend for help (when you have another agenda entirely to take advantage of your friend). And how to overcome his objections to forking out and joining the ranks. And how the business is all about signing up more reps!
http://www.youtube.com/watch?v=FsL2QFozNTk&feature=related
http://www.youtube.com/watch?v=zG9jd0AVfus0 -
It's called Network Marketing. It isn't a complicated theory.
I haven't clicked on any of your links, but I wonder, what date were those videos made? Do we leave any room for the possibility that things are different? As I have stated, I have never seen anyone in any training use the savings calculator as you mention, ever.
Well done for moving on to a totally unrelated topic, by the way. It's a good way to avoid answering any questions.I am an Independent Financial AdviserYou should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
It's called Network Marketing. It isn't a complicated theory.
To you it's "Network Marketing", but to the rest of us it's just a cynical way to sign up friends/relations etc to a "club" where they are lead to believe through spin and lies they are going to save a fortune and make a fortune.
Friends don't expect to be lied to by their friend, so when asked to help out over a problem at work, most people would want to help out their friend.
And if the friend tells them he just found a great way to get utilities at wholesale prices instead of paying retail you wouldn't normally expect to be spun a yarn!0 -
To you it's "Network Marketing", but to the rest of us it's just a cynical way to sign up friends/relations etc to a "club" where they are lead to believe through spin and lies they are going to save a fortune and make a fortune.Friends don't expect to be lied to by their friend, so when asked to help out over a problem at work, most people would want to help out their friend.And if the friend tells them he just found a great way to get utilities at wholesale prices instead of paying retail you wouldn't normally expect to be spun a yarn!
NEXT!I am an Independent Financial AdviserYou should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
No yarn involved. My last utility bill was for £75 which included electricity, phone and mobile. This was around a 40% reduction in what I was paying previously. Arguably therefore I am paying wholesale prices for my services.
When you post this, you neglect to point out the full story.
Your £75 "wholesale" bill is more spin.
You are quoting the amount left after you have been a busy fool ising the risky pre pay card, loading it with cash, paying its charges then shopping with it at uw partner stores so that the uw can take the "cashback" towards paying your expensive bill.
The 40% reduction comes about by you being a busy fool, though not pointing that out!0 -
Do you think all this Quentin piffle is to basically get the advice to lockout buried in the thread? It seems to happen a lot when the SIM only deals get highlighted. Could anyone be that sad or is it just co-incidence? I genuinely wouldn't like to say. Perhaps you could pin Quentin down and get a response to the new SIM deals, Meeper (he's pretending to ignore me).0
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When you post this, you neglect to point out the full story.Your £75 "wholesale" bill is more spin.You are quoting the amount left after you have been a busy fool ising the risky pre pay cardloading it with cashpaying its chargesthen shopping with it at uw partner stores so that the uw can take the "cashback" towards paying your expensive billThe 40% reduction comes about by you being a busy fool, though not pointing that out!
NEXT!I am an Independent Financial AdviserYou should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
No, it's a play on words, but the principle is quite accurate.............whole 35p!
It seems that one man's "play on words" is spin to the rest of us.
When you say the uw charges for the card amount to 35p/month, you mislead.
Although difficult to discover from the website, you have to pay £9.99 to get one, this covers "up to" 6 months "management charges". When they kick in that is £1 every month.
Then every time you put your money on the card they charge you 35p (minimum top up accepted is £50). Of course all the time you have money on your risky card you lose the use of it, and if you want it back then you have to pay £5 plus 1% of the amount redeemed).
So when you say you give us information about the uw it is "detailed and considered", how detailed do you consider was your "whole 35p" response regarding the card charges?0 -
It costs me 35p per month to put money onto the card. It does indeed cost £1 per month to have the card, however I consider this as part of the charges to be a customer, so I don't generally count it as a fee specifically relating to the card.
So, point conceded (you are doing well today getting me to concede so much). The card costs me £1.35 per month and it cost £9.99 in the first place to obtain. Once again you take a post with 4-5 comments and focus on one element, and that element being the least contentious of them all, and the least important. I now pay £75 for the services which previously cost me 40% more. Do you really think that £1 per month difference in my previous comment would make anyone think "OMG!!! What a liar, he's covered up that POUND A MONTH CHARGE!!!". Are you serious? My £75 per month is inclusive of the £1 per month charge for the card regardless, so in fact if I take that off I am getting 40.8% reduction. Excellent! Thanks for pointing that out.
So, moving on.....
1. Please justify your previous "busy fool" remark.
2. Please explain what your response would be to Upto's comment above. Would a zero bill be foolish? What about if cashback > costs and UWDC gives me money as well as having a zero bill. Still foolish?
3. Please explain the risks of the card, as you are so fond of calling it "risky". HINT: Linking the disclaimer warning is not satisfactory - if you want to call it risky, please show that you understand exactly what the risks are and their implications.
4. Please explain how having the money on the card means that I "lose the use of it".
5. Please explain what you mean by the comment "you want it back then you have to pay £5 plus 1% of the amount redeemed" whic makes no sense at all.I am an Independent Financial AdviserYou should note that this site doesn't check my status as an Independent Financial Adviser, so you need to take my word for it. This signature is here as I follow MSE's Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Once again, please justify / clarify this "busy fool" remark, as it is one of your favourite catchphrases that, as ever, has no basis in the truth whatsoever.
You ask this regularly and it is explained regularly.
You are being a busy fool by buying expensive uw utilities. Then thinking you are getting them reduced by using the risky card and shopping at the uw partner shops to gain "cashback" which is taken by the uw towards paying your bill.
Instead of buying your utilities cheaper elsewhere, then any discounts/cashback etc you can get off your shopping is yours to spend how you like.
You previously gave us your figures, which showed you deliberately spending £370 more than you need to buying uw expensive energy. Then spending £1000s on your risky card to get the "cashback" towards first clearing the £370, then paying off part of your bill.
You refuse to see this as busy fool behaviour, when others have spotted the flaw - you could be saving the £370 by buying the energy elsewhere and have all your discount in your own bank!0
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