The Costs

Hello All,

In my previous post, I dived into the concept of the business which can be broken down into 3 separate forms of income. Today, I will be discussing the various forms of costs which distributors will face.

There are three options you can have coming into the business:

-Preferred Customer

-Sales Representative

-Unfranchise Owner

I will now run through each option.

PREFERRED  CUSTOMER - They require no costs at all and will just benefit from the cash back features on the website and also the referral bonus of .5% on their friends' purchases.

SALES REPRESENTATIVE - Sales reps will incur no costs at all; they can sell all Market America exclusive products and buy them at cost price. However, they will not benefit from BV/IBV commissions. Thus, they will only be able to make retail profit. Later on down the track, a sales rep can become an unfranchise owner.

Unfranchise Owner - This is the big one and little one at the same time. The annual cost of being an unfranchise owner is $129.95 P.A within Australia. This is a fee you must pay every year to keep the business. $22 is paid monthly for administration. Now, the tricky part is within the BV section.
You will have to meet a requirement of 50BV every month, right up until you reach that first $300 check. When you first reach the $300 check you will have to fulfill 100BV per month. The final tier is 150BV per month which is the next $300 check. The minimum you can spend to run the business per annum would be $129.95 + $22x12 + 50BVx12 (min. $100) = $1593.95 . Now, this would be highly unlikely, unless you haven't properly followed the business plan. The maximum you'd have to pay for the business would be $129.95 + $22x12 + 150BV (min. $300) = $3993.95 . Which is still not a lot, considering that is all you'll have to pay per year! Compared to other franchises, you'd be paying well over $100,000 to maintain the business every year. The training for the business already incurs around $4000 for training (this is based of the boost juice franchise owners training modules).

I would like to share with you the reasons why I believe the costs are easy to manage and the business will ultimately pay it all back to you in due time. Within one year of doing this business, it is almost certain you'll go through one cycle of BV through your banks. Meaning you would've attained $1500 in pay checks from the company, that is if you have been executing the business plan at the minimum. This means that your team is extremely small.

if you solely rely on your two partners and they haven't recruited anybody. You will receive 50BV on each side per month - because they have to fulfil their personal BV requirements. to get the $1500 you need 5000 BV on each side of your banks, thus it'll take 100 months for you to reach that pay cycle. That's a long time, which is why you must partner up with the right people to ensure your business grows and you can ultimately move past the costs of the business and see the profitability of it. So essentially I'd like to see the potential of the company by tier. Meaning, how far down do I need to build my business to ensure I'm earning a satisfiable income that can allow me to be a full time Market Australia unfranchise owner.

Let's say you have your two partners and they recruited two of their friends each!

Because your two partners have bought the starter kit, you get 300 BV on both sides. At this point you would have 350BV on both sides, because you have also bought the starter kit which instantly gives you 50BV on both sides and many of the exclusive products from Market Australia to try out. Your partners then recruit their partners and gets you another 600 BV on each side. you would then have 950 BV on each side. We are still off the first $300 check by 250 BV. Now, if supposedly nothing happens for the next two months; 3 partners on each side still have to do the minimum of 50 BV per month which essentially means you get 150 BV per month. Two months have gone by and now you have 1250 BV on each side of your banks. You will now achieve your first check and will need to start fulfilling 100 BV every month.

Now, let's say your business is starting grow a little more:





 This is your business right now. They all just got the starter kit. Let's see what you just made for yourself and your team.

Let's start with you first. There are 7 people on each side and they each got the starter kit which will get you 300 BV per partner. This means you just got 2100 BV on each side - you just got a $300 check and you are 300 BV off the next $300 check which is at 2400 BV. When the next month comes though you will get 350 BV on each side because of the monthly requirements which will each you your next $300 check. At this stage, you will have a total of $600 and 2450 BV in each of your banks. Remember, everyone also gets 100% of the BV that flows up! So Elaine and Steve would've gotten 900BV on each side for their banks. They're extremely close to that $300 check! In two months time if the team hasn't expanded at all and they fulfill their monthly requirements they will then attain 150BV per month and will then earn that $300 check and have to fulfill 100BV per month from here on. This means that you will be gaining 400 BV per month.

You were on 2450 BV on each side and with 400 BV per month, you will hit the 5000 mark in 6.375 months. This is hypothetically speaking if you get this sort of team within 2 months of working with the business. Thus, meaning you will earn $1500 in BV commissions in just 8 months. Remember, the minimum costs? Well, the minimum you will have to pay is $1593.95 and the maximum is $3993.95 which is what most people will end up paying for in the end. However, I would like to stress that most of these costs are in actually purchasing Market Australia's products which you will be using anyway (I will be going through each of the products in later posts and show you the benefits of each one). The Market Australia products are anything from the health and nutrition side of things, to cosmetics and skin care and even household cleaning detergents. A lot of the costs that you will see here are actually helping you change from buying from normal products that you'd usually buy to something more premium and higher in quality. For me, I'd like to see that the only costs involved are the $129.95 annual fee and the $22 admin fees per month which equates to $393.95 per year to run the business. This isn't a lot at all for running your own business.

Now, I'd like to go even deeper and say that if you remember the concept of the business (explained in my previous post) that there are 3 types of incomes you can generate from this business. The three again are:

- Retail profit

- BV commissions

- IBV commissions

When you make your monthly requirements by buying products; you don't even have to consume it, you can sell it too if you want! The BV commissions have already been explained quite thoroughly I believe and IBV is the magical part. IBV stands for internet business volume and really, it's all about buying things you want/need from shops you already shop at - E.G Dan Murphys, Rebel Sport, David Jones, Big W, Menulog etc. You earn points from just buying from these shops and remember, just like BV everyone above you will also benefit from your purchases by 100%. This is another avenue that will get you a lot of income if you can simply chance your buying habits from buying in store to your own portal which will lead you to these other websites.

As you can see, the costs are absolutely minimal and requires little attention at all! $393.95 a year is nothing at all and the average person can absolutely afford this amount. Being an entrepreneur myself, the fees involved in building a company and stocking products is a lot harder and expensive than $393.95 a year. This will conclude the costs section of the business.

Regards,
Warren
"converting spending into money"

au.shop.com/epicurean
tw.shop.com/epicurean
hk.shop.com/epicurean
uk.shop.com/epicurean
sg.shop.com/epicurean
global.shop.com/epicurean

The Concept

Hello All,

As mentioned in my previous post I said that many other people have approached me to join their networking marketing business. I have been through countless business plans and seen the potential opportunities in these thriving companies. However, none of them seemed like it was fair to me and to those who would be below me. it also seemed like it was hard to sell alongside mass recruiting. I don't mind recruiting people, but I do mind that in a lot of cases people at the bottom are forgotten and aren't given an equal opportunity to super seed their seniors. Most of the time, you will see that due to hierarchy there is incremental levels of pay as you go along the organisational structure. Even in other companies which seem to mimic the binomial structure, the compensation is totally different.

I would like to explain to you the concept of Market America and show you the differences between this company and others.

Market Australia (MA) is all about giving power back to the consumers, by rewarding what they already do best at - consuming. With the way consumers are changing their buying habits, we can see that the internet is the biggest platform in the world for ecommerce. So, unlike other companies, MA bought out a UK based website called SHOP.COM . This was a major turn around for the company because it gave them access to partner websites. This means (for Australia as an example) that we were able to give ourselves, our friends and family the opportunity to earn some cash back just by shopping at David Jones, Asos, Iconic, Dan Murphy's and many other popular stores within Australia. This is something a lot of people within Australia currently do - with 60% of people currently using the internet and 50% of people using it for online shopping.

With this amount of people currently using the internet, companies sought to spend millions of dollars just on advertising to grab every consumer's attention. So what MA does is make an agreement with these partner companies to give a % of their marketing expenditure to the company. This should go to MA, however, the income is distributed both to the unfranchise owner and their customers. The customer will attain a certain % of cash back (this can be from 0-40%), while the unfranchise owner gets .5% of the purchase and Internet Business Volume (which is another form of commission - this will be explained later in the post). To me, the percentage can seem low, however, we are mistaken when find out that all other unfranchise owners above you get 100% of the IBV you just attained. This can go through thousands and thousands of people. How does this even seem remotely possible - most franchise owners of McDonald's, JB Hi-Fi's and others only get somewhere between 10-40% commission rates. Average workers who are in sales receive a lot less than that approximately 0.1-5%. Gaining 100% of commissions which flows upwards is utterly crazy and when you think about the amount of people who are above you, this can be exponential.

In short this IBV gets you these results if accomplished on both sides:

1200 IBV (left bank) + 1200 IBV (right bank) = $300
2400 IBV( left bank) + 2400 IBV (right bank) = $300
3600 IBV (left bank) + 3600 IBV (right bank)= $300
5000 IBV (left bank) + 5000 IBV (right bank)= $600

TOTAL = $1500 max per week

This can only happen once per week and only resets after 365 days which is a lot longer than other companies which may only give you a month.Which means for IBV you can only earn a maximum of $1500 a week. This is powerful, because this means that your seniors who are most likely making this amount per week are forced to open up another shop underneath you and transfer all their spending to that shop and build it thoroughly to support their shop which actually helps you too - because as I said before, all this IBV flows up 100%.

IBV is absolutely amazing but this is only the third component of your pay structure. There is BV which is selling the MA exclusive product line like isotonix and motives (I will do product specific reviews in future posts). Now, like IBV, whatever your partners beneath you sell, you get the 100% of the Business Volume (BV). This is where my jaw dropped and I said how can MA keep up with all of this commission going all around the organisation? Well, this is what makes MA so powerful - they're a product brokerage company which means that they have little to no debt at all because they don't manufacture anything and only find suppliers with the best products to sell. If the product is terrible and no one likes it, they just simply replace it with something better and more towards customer needs. BV is another amazing commission plan just like IBV which can snowball in future.

Just like IBV you can get the following pay with BV which must be accomplished on both sides:

1200 BV (left bank) + 1200 BV (right bank)= $300
2400 BV (left bank) + 2400 BV (right bank)= $300
3600 BV (left bank) + 3600 BV (right bank)= $300
5000 BV (left bank) + 5000 BV (right bank)= $600

TOTAL = $1500 max per week

All up if you fulfill these quotas you can reach $3000 per week maximum. This means that the person on top is never getting more than the person in the middle or even bottom. Everyone will converge at some point if they follow the system. The only way someone gets more money is by opening up more shops and is then forced to help other people get to the same pay. This is why I felt like MA is so fair in their pay structure. The capped pay means that the company isn't about mass recruiting when it comes to your pay, it's about building a good team to fulfill these targets!

Compared to other companies which offer a similar structure are often competitive and only offer incremental commission styles which are exactly the same as traditional companies. This means that the person at the top will always get the most - so first come first serve. This is completely different to the MA structure, because as I said, everyone has an equal chance because of the commission pay cap and the balancing of both sides. Other companies also often utilise percentages as a way of paying for example the person at the bottom will get 0% his senior will get 2% and so on until 20 or so % which are about 5-10 tiers above you.

Finally, the last type of pay is simply through retail profit. The exclusive products which MA sell are sold to distributors at cost price and are then sold at retail price where we keep 100% of retail profits. So once again, we are given 100% of profits here. This then stresses the importance of performing as a team and on your own here too - thus edifying the possibility of super seeding your seniors in performance.

This is why I believed that due to the compensation plan we are able to find assurance in seeing the profitability in this type of business where they expect we earn our desired income in 2-3 years. They absolutely stress that this isn't a get rich, fast scheme and requires time leveraging and performance. Most would tell you otherwise and give you the talk from a top tier distributor who will motivate you and try to persuade you to become part of their team and become the new grunt who will do all the work.

This is my second week of being in the business and have recruited 1 person already and looking towards my second person ( I will dive into the costs of the unfranchise business in future posts but so far I have only paid $500 for their products which I am currently using with my family). I would like to stress that the more time you spend on the company into building your team with your partners you will absolutely see the ripple effect later on down the track. As such, I will show this in effect when I become much more involved in the company and start seeing some returns.

Regards,
Warren

au.shop.com/epicurean
hk.shop.com/epicurean
tw.shop.com/epicurean
sg.shop.com/epicurean
global.shop.com/epicurean

Just Started

Hello All,

I just started my own business which is part of Market Australia/America - my online retail shop is as follows au.shop.com/epicurean

Having been dragged along to several other MLMs and get rich quick schemes I never once joined any of them. Although my family has been part of several different MLM's my family has never received any sort of commission or money from other companies. I will not name any of these other companies simply because I do not want to offend anybody with this blog. I have been to several business presentations from all these other companies but was never once sold on the compensation plan - although the product may actually be great I need to have a sound business structure/plan to back me up to support my sales.

This blog is all about my progress with the company and to show whether or not it is actually a practical business plan. Although in theory, the company looks rather stable and can result in a profitable investment I want to be able to be a living example of the fruits of following this particular system. Essentially, as I embark on this journey, I want to show people an example of somebody who has followed the system and found positive or even negative results.

This initial post is to show the purposes of me opening up this blog to the public.

- Explain the system to the public
- Explain my success/failure within the business as time goes by
- Example for future business applicants

Regards,
Warren

au.shop.com/epicurean
"Converting Spending Into Money"