Utility Warehouse (Telecom Plus) Discussion

lovewealthhappiness

Short answer no, long answer here http://forums.moneysavingexpert.com/showpost.php?p=64253110&postcount=3198

Ypaymore

lovewealthhappiness wrote: »

Short answer no, long answer here http://forums.moneysavingexpert.com/showpost.php?p=64253110&postcount=3198

Contains duff information. Do you own research.;)

Maz

Ypaymore wrote: »

Contains duff information. Do you own research.;)

There's a lot missing and yes, some duff info.

Talk to an experienced distributor to get correct information.

Cardew

Maz wrote: »

Talk to an to get correct information.

Ensure that 'experienced distributor' doesn't want to recruit you as part of their team.


It is a rule on MSE that UW distributors(i.e. salesmen) must declare that they are UW salesmen.


Few bother most of the time - like Maz!

Maz

Cardew wrote: »

Ensure that 'experienced distributor' doesn't want to recruit you as part of their team.


It is a rule on MSE that UW distributors(i.e. salesmen) must declare that they are UW salesmen.


Few bother most of the time - like Maz!

It's my understanding that when posting on this thread, established distributors who are contributing on a regular or even on an ad hoc basis,don't have to declare their association constantly.

On the basis that I have no intention of engaging with you on any discussion regarding UW as you seem to be ignorant about how UW works , I would prefer it if you didn't reply to this post.

I am, however, more than happy to answer any questions proposed by interested parties to ensure that they receive the correct information to their queries.

And just for you Cardew -

Maz -UW distributor.

Cardew

Maz wrote: »

It's my understanding that when posting on this thread, established distributors who are contributing on a regular or even on an ad hoc basis,don't have to declare their association constantly.

On the basis that I have no intention of engaging with you on any discussion regarding UW as you seem to be ignorant about how UW works , I would prefer it if you didn't reply to this post.

I am, however, more than happy to answer any questions proposed by interested parties to ensure that they receive the correct information to their queries.

And just for you Cardew -

Maz -UW distributor.

Yet again 'your understanding' is incorrect. From Martin in the first post of this thread:

Due to rather bitter discussion about this we have had long term rules established.

• All Telecom Plus Distributors must declare it when they post

I was simply informing 'zorgan' that UW salesmen can have a vested interest in 'recruiting' people to become a UW salesman.

lovewealthhappiness

Maz wrote: »

There's a lot missing and yes, some duff info.

Talk to an experienced distributor to get correct information.

Can you let me know what is duff information? It's mostly information found from their financial declarations...

NigeWick

zorgan wrote: »

In regards to being an agent and getting people to get other people to sign up for utilities can you actually make any money out of this? or save money?

I was a distributor and made a little money because I only put in a little effort. I was still getting enough commission to pay expenses plus a small amount of pocket money some two years after I stopped putting any effort in at all. It takes consistent work of at least an hour every day over say two years to get to a point where one can give up the day job. Most people think that because it does not cost much to get into the business it will be easy. I'm here to tell you it is not easy, simple, but not easy. I'd guess that 90% of people who start up with the company give up fairly rapidly. Then 80% of those who stay in will probably not make a living. But, those who stick it out and put the work in will do very well.

There will be no average amount of earnings to look for and certainly no guarantee of success.

penrhyn

There is always Amway.

MillicentBystander

As well as the company, of course , SOMEONE must be making money with UW if you look at how the company has performed from a standing start in 1997. The way the industry count these things (not households but customer accounts) UW have 2 million customers gathered with no absolutely no advertising by the company and the holding company, Telecom Plus, I believe, is currently amongst the biggest 200 (by market cap) publicly listed companies in the UK (market cap currently hovering around £1.5 billion). Which puts it ahead of such household names like W H Smith, Cable & Wireless, Halfords, Betfair and Bovis Homes!

To give you some idea as to how they have progressed,when the first (that I can find) UW thread started on here in 2005 the market cap of the company was in the region of £200 million! The share price is up 85% over the last 12 months, a period of time that saw the company break the habit of a lifetime and borrow substantially from the bank.

There's no getting away from it, the company is a huge British success story and to the chagrin of a few on here doesn't appear to be showing any signs of ultimately not ending up in the FTSE100. :cool: