Friday, July 1, 2011

A Second Business

Today I went ahead and signed up to be an "Unfranchise Business Owner" with a company called Market America. What is MA? It is a product brokerage company. What is a product brokerage company? They have a web portal in which people can purchase two kinds of products and services. First, they have their own branded products in nutrition, cosmetics, household goods and other daily use products. They also allow their partner stores to advertise and sell through the MA portal. This is the product brokerage aspect of their business. All the well known web based stores such as homedepot.com, macys.com, walmart.com, sears.com and thousands of other stores are all accessible through the portal. So why go to walmart.com through the portal? Why not just go directly to walmart.com? The reason is that by navigating to the partner store through the portal, the consumer can get cash back. In addition, just by referring the portal to friends or family, a user who has signed up as my preferred customer can get a .5% referral fee on all their referral's purchases. Wow, that sounds good.

So what makes this business different is that in addition to getting people to sign up as preferred customers, you leverage your efforts by signing up distributors below. Sounds like multi-level but it is setup in such a way that anyone can potentially make a lot of money, not just the people at the top.

Commitment to make this business work and actually turn a profit takes about 2-3 years. Seems like a long time but it isn't that long and the investment is not that high. There are a lot of seminars and meetings to attend to stay on track.

I signed up on Cindy's behalf. The signup process involved Cindy's friend from church named Su Zhen and her upline distributor, Wang Jun. Both of them came over and walked me through the sign up process online.

What we got immediately was our own web portal. I also had to order product and setup auto transfer since there are minimum quantity requirements that need to be met each month.

No comments:

Post a Comment

Breathless

Dusk settled on the city and the air was crisp from a cool autumn breeze. Tom pulled up his overcoat higher to keep himself warm. He had ...