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Utility Warehouse (Telecom Plus) Discussion
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Look Im asking a straight forward question, you called it a stupid question without actually saying why.
So carmine becomes a fully fledged independent UW distributor (lets pretend) He even has a years NCP pass and an upside down badge, the works. Carmine signs up 10 people to become UW distributors, how much does UW earn immediately from the 10 new salesman?0 -
£2.000! (Compare this with a uw salesman signing up 10 people for gas - he gets just £25 for that effort!) No wonder we see in the videos them pushing DVDs (on how the money works) to new gullibles and returning the next day to recruit them!0
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£2.000! (Compare this with a uw salesman signing up 10 people for gas - he gets just £25 for that effort!)
Incorrect.
This is exactly what happens.
1. Carmine signs up 10 customers.
2. If all his ten customers signs up for all services he will receive a customer gathering bonus of £45 for each customer. That the maximum he can earn immediately. That equates to £450
3. Once all 10 customers pay their bills Carmine will receive up to 6.3% of the customers bill (excluding VAT). The more the customer spends the more residual income Carmine will receive.
4. If Carmine joins my business I receive a bonus for helping him sign up customers. (I can't remember off hand how much that is)
5. Once a customer has paid his bill I receive between approximately 1% of that customer's bill
That's the way it works.
The company will pay bonuses to distributors for reaching certain self promotional levels in the business providing they self promote within a certain time frame.
You are paid for signing up CUSTOMERS. You ARE NOT PAID for signing up Distributors (which is what you are trying to get me to say - that may I remind you is illegal).
Do you object to a company paying it's workforce for training other people. Because that's what the team building bonus is - a training bonus for traing and helping team members to find and sign up customers. I have never worked for a private company but I believe that's what all 'good' companys do isn't it - pay their employees a training bonus. I've even heard that some companies (insurance companies I think) actually reward their staff if they can get their friends and family to take out insurance. I may be wrong here but I have heard that.
So what's your probem.
Incidentally, where did you pluck the £1000 from - Martini presentation. If you did go back and study it properly.
BTW EON and nPower reps get a one off bonus for signing up customers. It's more that what UW distributors receive. The difference is EON and nPower reps don't receive a residual income0 -
Keggs, how is my answer of £2000 incorrect? The question asked is how much does UW get immediately from 10 new recruits.
10 x £200 (the fee for joining) = £2000!
And if a rep signs up 10 customers for gas only isn't that £2.50 x 10 (£25) as I posted?
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You pretended you didn't even understand the question!0 -
arteta1878 wrote: »
Of course you are free to say what you want, but seriously though, I thought this site was about money saving? Not the virtues of how a company operates? Could you enlighten me there? Surely that should be for another forum?
Yes, this site is about money saving. You and the other UW apologists claim that UW will save a lot of people money. Those of us who are more open minded and better informed about how UW operates just wish to even up the debate by pointing out downsides - some financial, some moral.0 -
Keggs, how is my answer of £2000 incorrect? The question asked is how much does UW get immediately from 10 new recruits.
10 x £200 (the fee for joining) = £2000!
And if a rep signs up 10 customers for gas only isn't that £2.50 x 10 (£25) as I posted?
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You pretended you didn't even understand the question!
I was asked so I believed about UW distributors and not about UW itself. The joining fee is just under £200 but distributors can get that back within 90 days
(a) if they decide to leave within 14 days
(b) most back - about 75% I think (less cost of materials used) within 90 days
(c) Allof it back if they sign up 12 customers within 90 days.
The company do not benefit from the joining fee except to cover the costs of producing material. I do not believe they make a profit from oit which is your implication. However even if they did the recent Amway case made it clear that there was nothing wrong. People make profits from producing books don't they?
Your argument can be countered all the time Quentin. They are purely mischievous are are designed to do just one thing.0 -
chrisclipson wrote: »Those of us who are more open minded and better informed about how UW operates just wish to even up the debate by pointing out downsides - some financial, some moral.
Tell me you are joking0 -
Let's nail this pyramid selling nonsense once and for all.
Compare the similarity.
Pyramid selling scheme which is illegal. This is just one scheme - I think it was the orginal
1. Someone has a product (supposedly) - most don't
2. They sell it onto someone or many people else adding a margin for profit.
3. They sell ito on to someone else or many people adding a margin for profit.
etc
etc
Whyever would that be illegal - THAT is a traditional business, it's how the likes of Tescos operate, by buying from someone and selling on to someone else at a higher price!
Pyramid selling is, and I quote from a business dictionary, 'Illegal type of network marketing in which recruits pay an admission fee to join the scheme to earn commissions on persuading other people to join the scheme'.
And that differs, I think, only semantically from UW or Amway. As I pointed out a while back on this thread, I consider that UW operates on the very edge of legality.0 -
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