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Step 1 - Know Your Business |
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Before you start introducing others to eCosway, take time to familiarize yourself with the business. Thoroughly explore all the links on the website and understand the following key points: How eCosway works: eCosway.com is a global shopping mall offering unique products from East to West and West to East. In many of the Asean countries where Internet usage is in its infancy, the online mall is supported offline by neighborhood sales centers that stock thousands of high quality household items, food products, health supplements, car care products, fashion jewelry, apparel and personal care items, all at great prices. Products are promoted through a global
network of independent Business Owners who each promotes their own virtual
branch of the mall. The B.O.S.S. (Business Ownership Support System)
is a comprehensive system which provides everything eCosway Business
Owners need to succeed including training and resources and an exciting
Shopper Rewards Program that helps to ensure repeat sales. Important features that make eCosway
the best choice
Mutual Marketing is a unique self-sustaining marketing system. Suppliers who want customers, Shoppers who want discounts and rewards, and Business Owners who want to make money are tied together and given mutual advantage to create a self-sustaining system of continuous sales. eCosway takes the best from franchising by offering you, as a Business Owner, a proven business system with strong financial backing but it is better than franchising because the profit potential is greater and expansion possibilities are endless. You have no risk, and you won't need to hire employees or work 60 - 80 hours per week. You can do eCosway part-time, anytime and anywhere. eCosway takes the best from e-commerce by letting you tap the power of the internet to build your business at speed that has not been possible before... but it is better than most e-commerce models because it doesn't need advertising, search engine placement or online partnerships to bring visitors to the site or on sponsorships for revenue. Visitors come through word of mouth and revenue is generated by ongoing self-motivated purchasing. eCosway Business Owners are motivated to shop regularly, because they are in business for themselves and want to make money. Shoppers are motivated to buy regularly because they want to collect Value Points. It takes the best from Network Marketing (or MLM) by allowing you to profit from sales made by thousands of other people, but it is even better than MLM because it is easier, more profitable and more sustainable. MLM companies generally offer only a small range of products with limited market appeal and limited life cycles. Many will over-price their products and then rely on the "personal influence power" of distributors to push them on friends and family members. eCosway offers a wide variety of unique and popular products at affordable prices. It also gives shoppers valuable Shopper Rewards and runs regular promotions to keep them excited. Most MLM companies are limited geographically.
When they go into other countries, they must do it physically. eCosway
is truly global. You can introduce Shoppers and Business Owners from
anywhere on earth and you can do it without leaving your house!
RANGE - Many companies offer a limited range of products appealing to only one segment of the market (i.e. skin care, slimming products, nutrition, etc.). eCosway, on the other hand, offers all of these products and more! By offering "something for everyone" through a wide range of proven and popular products, eCosway appeals to more customers and to more people who are looking for an opportunity to earn extra income. Comparing the potential of eCosway to the potential of these companies is like comparing the profit potential of an entire mall to the profit potential of one specialty store within that mall. Which would you rather bank on? LIFE CYCLE - Most products have limited life cycles. One day a product is hot, the next day it's not. Income Opportunities that are based on a unique product that grows quickly while the market is hot, but then stagnate or die when the market cools off or when faced with stiff competition. eCosway never depends on one particular product range. Our strength comes from flexibility. We stay on top of market trends and we work with top quality sources to provide products that are proven and in demand on an ongoing basis. Even if one product hits the end of its life cycle, there are always many products just taking off and many others that never lose their appeal. PROFIT MARGIN - Many internet-based income opportunities boast of selling thousands of products, but the don't actually act as the retailer for these products. They simply operate as an "affiliate" to other sites. When customers "click through" to those other sites and make purchases, the company organizing the income opportunity gets a small commission which is then split in a multi-level or networked fashion among the participants. While the limitless product range of this business model is appealing, it is not very profitable for you as a participant because the commissions paid by the retailers are very small to begin with, when they get split and paid according to a multi-tiered compensation plan, the income that any one person in the network receives is almost nothing. There are really only two ways that people make money with such a program. The can either generate thousands of customer sales each month in order to make a few hundred dollars. Or, the company can just use the affiliate mall as a "front" and pay distributors for recruiting others or for making mandatory monthly purchases of something like a website or electronic subscription. (If a company does the latter, it is most likely a pyramid scheme. Many countries specifically legislate that distributors must derive the vast majority of their commissions from the sale of real products to real customers -- not for recruiting or purchasing.) eCosway does not offer "click through" purchasing because it is not profitable for you. Instead, we have actually sourced thousands of products ourselves (and new ones are sourced every day). Our products are shipped direct from the supplier to the customer, but eCosway is actually the retailer and the full profit margin (the difference between the wholesale cost and retail price) is paid out to our network of Business Owners. While some of our products have very small profit margins (due to market pressures for that type of product), most of the products we choose have very healthy profit margins so you can earn the highest possible retail and overriding profits on every single sale. The bottom line is that eCosway gives you the best of both worlds --You represent the highest quality products in nutrition, body care, etc. (so your customers can really trust them and become committed to them) but you also represent a broad range of unique "change-with-the-market" products, yet you don't have to sacrifice profit margin!
eCosway's Profit Plan allows you to make money fast, and to make money long-term.
The ISO really gives eCosway a competitive edge against other companies because it allows people to make money quickly and legally, it deters dropouts, and it kick-starts the "perpetual profit" effect. Make sure you really understand the power of the ISO before you start explaining eCosway to others.
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