What is the right size of eCosway business for you?
Posted by Chris Ormsbee on Tuesday, January 3, 2012
Under: Getting Started
eCosway offers a unique business opportunity that scales to fit the needs of the individual. You can have a small, medium or large foundation for your business.
If you are the person that just wants a small business for a secondary source of income, then you can start for only $60 and get one profit center position within the company's profit plan.
With one profit center (a small simple business) you can still grow your earnings to a very large monthly number. Just get your one profit center, then tell friends, family or your existing customers about us, send them into the nearest eCosway store with your business number and you will earn from their purchases after they enroll as a VIP Shopper or an Independent Business Owner. If they just want to try a product out, let them buy in your number till they decide they love us. Either way you earn up to 15% profit of the retail price of normal items.
VIP Shoppers can also earn this profit as discount points for Free stuff by telling their friends about eCosway. So they help you grow your business too while they are also helping themselves.
Obviously your referral business depends on you or your people making referrals to eCosway. The best way to do this is to use the products. Then tell your friends how and what you love about a particular product, then send them to the store in their area with your number. This kind of recommendation is what really sells items. Personal experiences shared from the heart. So it is easy, because if we love a product we do this naturally. Most of us instinctively want to help our friends and family.
This and the combination of great deals and sales make it easy to recruit VIP Shoppers into your business. Just tell people and send them in. If these same people would rather make actual money as opposed to earning eCosway discount points for free stuff, then they can also join as a small business owner or a medium or even a large business owner (you still get paid regardless). In eCosway you can be a small business owner and still fish for big business owners and not worry about losing them to break aways or other ridiculous volume matching requirements associated with most direct selling programs.
Once enrolled, a person is attached to your business for the life of their membership as long as they renew it ($20/yr for VIP and $30/yr for IBOs). This means you can be earning money from each and every one of their purchases (to an infinite depth and width), whether they shop at eCosway here in Aliso Viejo or anywhere around the world. If you get other IBOs on your team, their purchases and all of their IBO's purchases and all of their VIP's purchases count toward your volume and your profit.
If you know instinctively and immediately know this is an excellent opportunity for you and you want a mid-sized or super-sized business, then you should either buy or try really hard to sell to your VIPs 500 or 1000 eV in special sets in the first 30 days of opening your business.
If you can hit either the 500 or 1,000 eV sales levels in the first 30 days, it will essentially clone your one profit center, you, into either two (2) or six (6) additional positions for a total of 3 or 7 profit centers (all you.)
These larger business foundations with three (3) profit centers at the 500 eV sales level and the largest business foundation with seven (7) profit centers at the 1,000 eV sales level must be achieved in the first 30 days of your business. Otherwise they are much harder to earn but can be met in the future. They both amplify your income for the same effort. With three centers, you can earn an extra check from the same volume. With seven centers you can earn three extra checks with the same volume.
Regardless of the business foundation you end up with, the way to grow your business of any size is to refer in new customers and new business owners into your network or group of people that make up your volume. The profit plan pays much better for width than depth. Unlimited width allows you to grow and control your own income all by yourself. Sponsor enough people or get enough people shopping every month and you can essentially have a one level deep business that pays you quite well, but if you really tap into the system and help those below you be successful then you can build depth which delivers stablity and staying power or longevity. If you get a branch up to a mass of say 100,000 ev every month, it is very likely to stay a very large number for a very long time and realistically should grow with no further assistance from you... Stability and Longevity. You need at least two branches to make the bigger bonuses, but as I like to say would you rather get an extra check for half your business or 9/10s of your business. Go Wide!
If for some reason your income starts to drop off, just recruit some new front line people and supercharge your income in the next check.
The person with an organically grown business of shoppers, shopping naturally for things they use regularly like laundry soap, shampoo, soaps, toothpastes and toothbrushes, lotions, moisturizers, cleaning supplies, nutritional supplements, weight loss, etc. Most of these items are consumed on a regular basis and if you can show your friends, family and customers about the quality and value we offer, they will naturally expand their purchasing over time and your check will grow over time!
The larger business foundations of 3 or 7 profit center amplify the earning potential of your business both long term and short term, but a larger foundation does bring with it a larger monthly requirement to capture all the earnings. There is no auto-ship. I repeat there is no auto-shipment or auto-debit feature in the eCosway systems, if you want paid you must for each profit center you have (1, 3, or 7) do 15 eV per month per profit center to receive the maximum check for each. Up to $50 checks you only need five (5) eV, up to $100 checks you only need ten (10) eV.
Some people with means and capital buy up their own sales volume in their first 30 days in order to ensure they have the large foundation for the future. This is an option not a requirement. If you are truly strapped and this isn't an option, then just make sure you hit your sales goal. If you miss it the world is not over, focus on building up your income and appreciate the fact that you can focus in on growth of your income with a small monthly requirement of only 15 eV. With one business center you can always supercahrge it for BPI and EI by doing 1000 eV in any given month in special sets by you or your VIP Shoppers. You can even eventually earn back the right to have 3 or 7 profit centers. But relatively it's a hard long road. You must have 4 branches with 20,000 eV each in any month and you will earn your A & B clones (3 profit centers). If you have 8 branches with at least 20,000 in any given month then you will earn your C, D, E and F clones or (7 profit centers) ,so focus on your income you can always expand your business in other ways in the future.
For a small business you can start with as little as $100.00. $60.00 IBO Membership - $40 of regular product for free VIP Shopper Membership (so you can earn from your own purchases and/or let your leads use your shopper to try one or two items, while you are still earning from their purchases).
If you want to buy up 3 profit center positions without selling in your first 30 days it will cost you between $850-$1,000.
If you want to buy up your own 7 profit center positions without selling in your first 30 days it will cost you between $1,700-$2,000. You get products for this at or below retail cost and you earn the amplified qualification eV from the special sets to qualify for less money than if you could just buy regular products for qualification (which you cannot).
If you want a big business but don't have the money, then you have to start selling quickly and sell for example five (5) hexagon water systems or twenty (20) Caviar Skin Care Sets for $90 each or Fuel Enhancer Sets (5 bottle set for $90). Then you only have to spend $100 and you can still qualify to get the advantage of the biggest business foundation the company offers.
With or without the larger foundation, you can dilligently build your eCosway business to any size you like. There is no limit to your income regardless of the size of your business foundation. The only limit is the number of people not already signed up, your ability to sign them up and the amount of products they are buying each month.
eCosway offer's the fairest compensation plan I have ever seen. True unlimited width potential, and true unlimited depth potential without the dangerous risks and caveats associated with other direct selling opportunities.
So get started today, pick your business foundation thats right for you and get started today.
If your already in the business, the takeaway here is to sell people what they want. Don't try to fit square pegs into round holes... you will go crazy and you won't end up with a long lasting profitable business.
I wish you all the best with your long lasting profits and success. Stop by the Aliso Viejo store to see us.
Chris & Wendy
If you are the person that just wants a small business for a secondary source of income, then you can start for only $60 and get one profit center position within the company's profit plan.
With one profit center (a small simple business) you can still grow your earnings to a very large monthly number. Just get your one profit center, then tell friends, family or your existing customers about us, send them into the nearest eCosway store with your business number and you will earn from their purchases after they enroll as a VIP Shopper or an Independent Business Owner. If they just want to try a product out, let them buy in your number till they decide they love us. Either way you earn up to 15% profit of the retail price of normal items.
VIP Shoppers can also earn this profit as discount points for Free stuff by telling their friends about eCosway. So they help you grow your business too while they are also helping themselves.
Obviously your referral business depends on you or your people making referrals to eCosway. The best way to do this is to use the products. Then tell your friends how and what you love about a particular product, then send them to the store in their area with your number. This kind of recommendation is what really sells items. Personal experiences shared from the heart. So it is easy, because if we love a product we do this naturally. Most of us instinctively want to help our friends and family.
This and the combination of great deals and sales make it easy to recruit VIP Shoppers into your business. Just tell people and send them in. If these same people would rather make actual money as opposed to earning eCosway discount points for free stuff, then they can also join as a small business owner or a medium or even a large business owner (you still get paid regardless). In eCosway you can be a small business owner and still fish for big business owners and not worry about losing them to break aways or other ridiculous volume matching requirements associated with most direct selling programs.
Once enrolled, a person is attached to your business for the life of their membership as long as they renew it ($20/yr for VIP and $30/yr for IBOs). This means you can be earning money from each and every one of their purchases (to an infinite depth and width), whether they shop at eCosway here in Aliso Viejo or anywhere around the world. If you get other IBOs on your team, their purchases and all of their IBO's purchases and all of their VIP's purchases count toward your volume and your profit.
If you know instinctively and immediately know this is an excellent opportunity for you and you want a mid-sized or super-sized business, then you should either buy or try really hard to sell to your VIPs 500 or 1000 eV in special sets in the first 30 days of opening your business.
If you can hit either the 500 or 1,000 eV sales levels in the first 30 days, it will essentially clone your one profit center, you, into either two (2) or six (6) additional positions for a total of 3 or 7 profit centers (all you.)
These larger business foundations with three (3) profit centers at the 500 eV sales level and the largest business foundation with seven (7) profit centers at the 1,000 eV sales level must be achieved in the first 30 days of your business. Otherwise they are much harder to earn but can be met in the future. They both amplify your income for the same effort. With three centers, you can earn an extra check from the same volume. With seven centers you can earn three extra checks with the same volume.
Regardless of the business foundation you end up with, the way to grow your business of any size is to refer in new customers and new business owners into your network or group of people that make up your volume. The profit plan pays much better for width than depth. Unlimited width allows you to grow and control your own income all by yourself. Sponsor enough people or get enough people shopping every month and you can essentially have a one level deep business that pays you quite well, but if you really tap into the system and help those below you be successful then you can build depth which delivers stablity and staying power or longevity. If you get a branch up to a mass of say 100,000 ev every month, it is very likely to stay a very large number for a very long time and realistically should grow with no further assistance from you... Stability and Longevity. You need at least two branches to make the bigger bonuses, but as I like to say would you rather get an extra check for half your business or 9/10s of your business. Go Wide!
If for some reason your income starts to drop off, just recruit some new front line people and supercharge your income in the next check.
The person with an organically grown business of shoppers, shopping naturally for things they use regularly like laundry soap, shampoo, soaps, toothpastes and toothbrushes, lotions, moisturizers, cleaning supplies, nutritional supplements, weight loss, etc. Most of these items are consumed on a regular basis and if you can show your friends, family and customers about the quality and value we offer, they will naturally expand their purchasing over time and your check will grow over time!
The larger business foundations of 3 or 7 profit center amplify the earning potential of your business both long term and short term, but a larger foundation does bring with it a larger monthly requirement to capture all the earnings. There is no auto-ship. I repeat there is no auto-shipment or auto-debit feature in the eCosway systems, if you want paid you must for each profit center you have (1, 3, or 7) do 15 eV per month per profit center to receive the maximum check for each. Up to $50 checks you only need five (5) eV, up to $100 checks you only need ten (10) eV.
Some people with means and capital buy up their own sales volume in their first 30 days in order to ensure they have the large foundation for the future. This is an option not a requirement. If you are truly strapped and this isn't an option, then just make sure you hit your sales goal. If you miss it the world is not over, focus on building up your income and appreciate the fact that you can focus in on growth of your income with a small monthly requirement of only 15 eV. With one business center you can always supercahrge it for BPI and EI by doing 1000 eV in any given month in special sets by you or your VIP Shoppers. You can even eventually earn back the right to have 3 or 7 profit centers. But relatively it's a hard long road. You must have 4 branches with 20,000 eV each in any month and you will earn your A & B clones (3 profit centers). If you have 8 branches with at least 20,000 in any given month then you will earn your C, D, E and F clones or (7 profit centers) ,so focus on your income you can always expand your business in other ways in the future.
For a small business you can start with as little as $100.00. $60.00 IBO Membership - $40 of regular product for free VIP Shopper Membership (so you can earn from your own purchases and/or let your leads use your shopper to try one or two items, while you are still earning from their purchases).
If you want to buy up 3 profit center positions without selling in your first 30 days it will cost you between $850-$1,000.
If you want to buy up your own 7 profit center positions without selling in your first 30 days it will cost you between $1,700-$2,000. You get products for this at or below retail cost and you earn the amplified qualification eV from the special sets to qualify for less money than if you could just buy regular products for qualification (which you cannot).
If you want a big business but don't have the money, then you have to start selling quickly and sell for example five (5) hexagon water systems or twenty (20) Caviar Skin Care Sets for $90 each or Fuel Enhancer Sets (5 bottle set for $90). Then you only have to spend $100 and you can still qualify to get the advantage of the biggest business foundation the company offers.
With or without the larger foundation, you can dilligently build your eCosway business to any size you like. There is no limit to your income regardless of the size of your business foundation. The only limit is the number of people not already signed up, your ability to sign them up and the amount of products they are buying each month.
eCosway offer's the fairest compensation plan I have ever seen. True unlimited width potential, and true unlimited depth potential without the dangerous risks and caveats associated with other direct selling opportunities.
So get started today, pick your business foundation thats right for you and get started today.
If your already in the business, the takeaway here is to sell people what they want. Don't try to fit square pegs into round holes... you will go crazy and you won't end up with a long lasting profitable business.
I wish you all the best with your long lasting profits and success. Stop by the Aliso Viejo store to see us.
Chris & Wendy
In : Getting Started