is eCosway different from. . . .
How is eCosway different from Cosway?
eCosway is an online e-commerce
company established in 2001. It sells consumer products
globally through an Internet shopping mall promoted by Business
Owners from all over the world.
Cosway was established in 1979
as a direct selling organization. It currently has hundreds
of thousands of members selling consumer products in Malaysia,
Indonesia, Brunei, Mexico and the Philippines.
- Cosway is one of the parent
companies of eCosway.
- eCosway has the same successful
management team as Cosway.
- Members of Cosway are not
automatically Business Owners of eCosway. If they wish
to become Business Owners, they must contract with eCosway.
- eCosway Business Owners
are not automatically members of Cosway. If they wish
to join Cosway, they must reside in a country/republic where Cosway
is currently operating, and they must enroll as members.
- eCosway is a completely
separate company from Cosway.
- Lines of sponsorship need
not be the same in Cosway and eCosway.
is eCosway different from
e-commerce sites that have failed?
Dot com failures are always due to
lack of profitable "traffic." In other words, commercial websites
need to generate revenue somehow. They either need to sell products
online or they need to offer free services to visitors and then
sell the "eyeballs" or the visitor's attention to advertisers for
revenue. Most companies believed that if they just built and promoted
a web site, people would visit it and they would be profitable.
With millions of websites competing for visitor attention, very
few of these companies ever got the traffic and the revenue they
needed to succeed. The business model simply didn't work. A lot
of money was spent designing, supporting and advertising websites
that never made good business sense in the first place.
eCosway is very different from all of those failed ventures. Mutual
Marketing doesn't depend on advertising to drive traffic or
to succeed. It is a win/win model that rewards Shoppers, Suppliers,
and entrepreneurial Business Owners for acting out of self-interest.
It ensures traffic by rewarding word of mouth, which has
proven to be the most effective strategy on the Internet. We have
not one, but TWO powerful word of mouth programs: Our Shopper Rewards
Program (which includes an Amazing One Dollar Auction); and
a B.O.S.S. (Business Ownership Support System;). These two programs
guarantee that the eCosway mall has regular and profitable traffic.
is eCosway different from other online mall opportunities?
There are two different types of online
"mall" opportunities: Groups of shops and Affiliate malls. Both
are quite different from eCosway.
1. Groups of Shops:
Some companies that design and/or host web sites group their clients
together and showcase them on one central "mall" website. This parallels
the idea of a physical shopping mall where lots of shops congregate
under the same roof to take advantage of foot traffic. In these
cases, your income opportunity comes from selling the web design
and hosting services or "listings" in the online mall.
eCosway's Global Online Shopping Mall differs from this model
because it is not a group of individual shops or websites. Using
the physical shopping analogy, eCosway would be more like a mega
department store offering a wide variety of products and services
all under one roof. Merchandise is sourced from many different
suppliers and sold at eCosway.com. Your income opportunity comes
from sales made at your own branch of the eCosway Global Online
Shopping Mall and sales from any of the mall branches in your Global
2. Affiliate Malls:
Some Internet "malls" are comprised of links to other shopping sites
on the Internet. A company that sells (or better yet, gives) you
one of these link malls has contracted with each of these shopping
sites to receive a sales commission whenever a purchase comes through
any of their link malls. This commission is usually very small since
the shopping sites are retailers--not suppliers or wholesalers.
The company organizing the affiliate mall then offers you an income
opportunity. If you can drive traffic through your link mall they
will pay you a fraction of the sales commission paid to them by
the retailers. The only problem is that the commissions, (which
were small to begin with), are minuscule when shared by so many
eCosway's Global Online Shopping Mall differs from this model
because we don't link to retailers. We ARE the retailer.
We don't split sales commissions given to us by retailers,
we payout profits from the difference between wholesale and retail
prices. We have an entire department of buyers who search the
world for unique and popular products and negotiate the best possible
wholesale prices. This enables us to price our merchandise competitively
enough to excite shoppers, and still have enough profit to pay good
sales commissions to our Business Owners.
Important Note: Many companies offering link malls charge
a large sign-up fee, or sell the malls themselves as products. Whether
any customers actually shop from these link malls is basically immaterial
to the income opportunity because everyone earns big commissions
on the initial sign-ups or mall purchases. This set up has been
determined to be a pyramid scheme in many countries. At least one
well known company has already been stopped by the FTC (Federal
Trade Commission) of the U.S. for running this scheme. eCosway,
on the other hand, does NOT pay commissions on its small joining
fee; and all commissions paid to Business Owners are based on the
retail sales of real products to end-consumers. eCosway's model
passes all of the legal challenges put forth by recent court battles
regarding the difference between legitimate businesses or pyramid
How is eCosway different from Multi-Level Marketing or Network
Network Marketing or "Multi-Level Marketing" companies generally
have one or more features that differ greatly from eCosway's
Mutual Marketing Model.
Over-Priced Products Many Network Marketing companies
offer products priced much higher than similar products
in retail stores. The reason for this is simple-these companies
focus more on recruiting and paying distributors than they
do on offering consumer value or on being competitive in
the marketplace. These companies know that as long as distributors
are making money, they will buy the product themselves (no
matter the price) and will get their friends and family
members to buy it too. This is problematic for several reasons.
- Consumers resent being
over-charged for products, so distributors have a hard
time getting and keeping retail customers.
- Since 1999, a company
that only has its distributors or members buying the
product (and not retail customers who aren't involved
in the income opportunity) can be considered a pyramid
scheme by the U.S. government.
- Distributors who don't
make enough money with the income opportunity soon drop
out and stop buying the product because they can't afford
eCosway does NOT manufacture or private label products in
order to price them higher than similar items in retail
stores. eCosway sources high quality products from around
the world (many are well known brand names) and prices them
at or below retail so that consumers can buy products they
already want - at prices they already expect to pay.
- eCosway customers don't
have to pay higher prices just so that distributors
can make money off of them.
- eCosway Business Owners
don't have to justify higher prices or take advantage
of friends and relatives.
- Shoppers want to buy the
products whether they are interested in an income opportunity
or not. This ensures long-term income stability for
both eCosway and its Business Owners.
Products With Limited AppealMany Network Marketing
companies offer only a small range of products that appeal
to a certain group of people. Often these products are expensive
nutritional or weight loss products. The expensive nature
of these products limits the market and increases the need
for justifying why they are worth more than cheaper brands
sold in stores. Other companies offer "miracle" products
(for health, for beauty, for cars, for finances, etc.).
These require a lot of explaining because people have to
be convinced that they need such products, and they have
to believe that the "miracle" will happen.
eCosway, on the other hand, offers thousands of exciting
and popular products. Shoppers can buy brand name items
that they already know and love, and discover exotic new
things they can't buy anywhere else. In either case, shoppers
don't require a lot of convincing and the website does all
of the explaining.
Geographical ConstraintsNetwork Marketing companies
are usually geographically restricted to the countries/republics where
they have filed all appropriate paperwork, established a
headquarters and set up either a manufacturing plant or
a product distribution center. This makes international
expansion a slow and cumbersome process. Since the business
is primarily done "offline," distributors from these companies
usually have to travel to new countries/republics that are "opening
up" in order to personally find and recruit citizens of
eCosway, on the other
hand, is a truly global and wholly online opportunity with
no geographical restrictions other than those posed
by governments on their own citizens. From the moment you
become an eCosway Business Owner, you can start attracting
shoppers and other Business Owners from all over world.
eCosway's B.O.S.S. (Business Ownership Support System) helps
you do just that!
Time Consuming & Costly Activities-It's extremely difficult
to succeed in most Network Marketing companies unless you
are willing to invest a lot of money in marketing materials
and marketing campaigns and then put in a lot of time and
effort attending meetings, explaining products, placing
orders, doing paperwork, and training your downline.
eCosway, on the other hand, can be done completely online
any time of day or night so it takes much less time and
can easily fit into even the tightest of schedules. Your
online office, network statistics and all of the training
resources and marketing materials are available online 24
hours per day
Unreasonable Compensation Plans-Most Network Marketing
companies structure their compensation plans in such a way
that either pay:
- "Big and Fast" (These are
usually pyramid schemes disguised as Network Marketing
- "Hard and Heavy" (These
are very difficult plans for the average part-timer but
are they are very lucrative for "heavy hitters" who do
- "Spread Out and Limited"
(These plans pay a reasonable amount of money to a larger
number of people, but they rarely offer big income potential
to those willing and able to really "go for it.")
eCosway, on the other hand, offers a unique Profit Plan
- Pays profits quickly while
you are building your network (thanks to a very special
feature called "ISO"-Initial Sale Offer).
- Pays 12-28% retail profit
on all of the eVolume generated by your entire Shopper
- Pays handsome overriding
profit and branch performance incentive on unlimited numbers
of Business Owner Branches in your network.
- Allows you complete control
over the placement of eVolume-giving you the ability to
maximize your profits each month.
- Allows you to put eVolume
in reserve so that you can "auto-qualify" each month for
profit payout when you're taking a break.
Mutual Marketing differs fundamentally
from Network Marketing or Multi-Level Marketing. The business model
is mutually beneficial for so many more people. Shoppers win with
great products at great prices (VERY rare in Network Marketing).
Suppliers, both big and small, from all over the world, win with
access to loyal international customers (almost UNHEARD of in Network
Marketing). Business Owners win with a genuine opportunity to create
a safe second income without risking large sums of time or money
and without risking their jobs or reputations (a welcomed change).
eCosway wins because of the long-term stability provided by happy
suppliers, satisfied shoppers and prosperous Business Owners!
is eCosway different from other online income opportunities?
There are many opportunities
for making money on the Internet. Almost anything you can
think of which is profitable "offline" could probably be
translated to an online business if you do it right. But
most of these opportunities require that you be an extraordinary
entrepreneur and that you blaze trails into unknown territory.
Most require that you either already possess or need to
hire technological expertise. Most require that you have
great skill in marketing-especially marketing on the Internet.
Most require that you be extremely savvy and competitive
since your prospects can, with the click of a button, see
your competitor's activities and prices.
eCosway is different from these opportunities in one
very important way - We've already done all the homework,
laid all the groundwork, blazed the "1st Mover" trail, and
paid the multi-million dollar price to establish a solid
business and a fantastic Business Ownership Support System
is eCosway different from online scams?
are many "income opportunities" out there which are scams.
Most are relatively easy to spot, but some actually look
like legitimate opportunities. eCosway has nothing in common
with these scams. If you think that there are similarities,
please look more closely. As you examine the relevant issues,
you'll see how the eCosway difference makes all the difference
in the world! Please do your due diligence. We are confident
that eCosway will pass with flying colors under close scrutiny.
Please also see How is eCosway
different from pyramid schemes?
is eCosway different from an affiliate program?
programs are quite popular on the Internet. "Hyperlinks"
have revolutionized the old fashioned process of "referring
business." Now, with the click of a mouse, a person can
be sent from one site to another. There are clear "travel"
logs that let site owners know exactly where business came
from. This creates a very obvious income opportunity for
anyone who can set up a website which drives customers to
other sites that pay commissions for referrals. Many of
the most popular sites on the Internet are willing to pay
commissions to anyone for sending business their way. However,
there are a few limitations to this model. If you want to
earn a serious income:
||You need to
have a website that gets traffic in order to send that
you attract to your website have to be from demographic
categories compatible with the sites you refer them
to. (If you attract dog lovers, it's not likely that
they will click through and buy from a cat food site!)
This isn't always an easy match since you may or may
not know very much about the people who visit your site.
who visit your site may or may not easily become paying
customers of the sites you link to. If e-commerce doesn't
happen, e-commissions aren't paid!
commissions are very small, so you need a whole lot
of sales to earn a decent income. To make matters worse,
many sites are cutting back or completely cutting off
their affiliate programs in the current "dot crunch"
programs do not pay residual commissions on the future
purchases of customers who originally came from your
site. You constantly have to send new customers if you
want a steady stream of income.
eCosway has nothing in common
with affiliate programs. Our shoppers and Business Owners
do indeed get rewarded for "referrals" but we have a very
different business model. With affiliate programs you are
"on your own" and are simply rewarded if you happen to make
profit for someone else. With eCosway, you are in business
for yourself, but not by yourself. You are part of a global
network of people working together in a win/win way. The
eCosway income opportunity is a turn-key Business Ownership
System. Everything is already set up for you. All you have
to do is Go For It!