The utility warehouse discount club is managed by Telecom plus PLC, an important UK organization whose shares are listed on the London index.
The Uwclub markets itself as a home based business opportunity that is creating wealth and a lifetime of residual income for thousands of existing distributors.
These distributors make money by selling the discount club services and recruiting others into the discount clubs business which is MLM or network marketing. It’s said to be the UK’s only completely sole supplier of a number of services such as home phone, mobiles, broadband, gas, electricity and non-geographic numbers. Perhaps, it is not surprising that in a recent survey, over ninety four percent of the utility warehouse discount club users said they’d highly recommend them to a friend.
The utility discount club makes a big play on the fact that it doesn’t do any method of advertising. You possibly not have come across the discount club before, as they usually do not advertise. Instead, they depend on clients and mainly distributors letting their family and friends know of the services the Company provide. They share the cash they save with their network associates and to people, like Paul Daniels,Dawn French and Jennifer Saunders who are paid to promote the utility warehouse brand.
Utility Warehouse discount club does not have any traditional stores.
But they do have have thousands of distributors who work from their own homes selling the utility services and the business opportunity.
In the latest accounts the distributor channel of the utility warehouse discount club was standing at over 39000 that is like 39000 little home stores all selling the services and the business opportunity.
The utility warehouse discount club supplies support and coaching programs to those who join the business, which features a comprehensive package of study and marketing materials.
They say you will have all you need to begin to build your successful Telecom plus business.
However, if that is so why are so many distributors failing to make significant money with the utility warehouse discount club business model?
Initial training for brand new warehouse business owners is provided as part of the signing up fee at over twenty training centres through the country.
Listed below are some of some the benefits of becoming a distributor with the club in their own words…
* As a utility warehouse distributor you can make an increasing wealth by helping people save money. Truth a few do!
* You’ll generate a nice continuing regular monthly income. Truth a few do!
* No expertise is required to become an Utility Warehouse distributor with the utility warehouse discount club. True
* No cost coaching and help provided. Truth you pay for it in the utility warehouse signing up fee.
* Advance bonuses and amazing incentives. Truth … If you hit the targets.
* It is possible to work the times of day to fit you. True
* No inventory to handle or targets to meet as a distributor. Truth to be successful targets have to be met!
* Share option scheme. Truth, if you qualify!
If you are interested in saving money or making money or both then utility warehouse/telecom plus utility discount route may work for you but the odds are it won’t!
The fact is that the vast majority of distributors do not make any significant money.
What you need to do is to find out as much as you can about the utility warehouse discount club and then base your decision on your findings.