How's TCA doing there tomsab?
Man there's a lot of gullible people in this world.
September 10, 2012 1:17 AM PDT
How's TCA doing there tomsab?
Man there's a lot of gullible people in this world.
May 5, 2011 11:46 PM PDT
"Wow Chuck you have it all figured out!
So is the church going to pay for the advertising to get 1050 people to Joe's car wash?
What about next month?
Will Joe be willing to give the church another $9500?"
Next month? They have 10 months before they break even with what tca would have brought them.
"TCA is set up so that the church can sign up 1050 people and won't just have to count on Joe every month or coming up with another fund raising idea. Those 1050 people will be offered 50% discounts from 30 different businesses every month and they themselves will be saving money even if they never sign anyone up to TCA."
"So it's set up so that a church has a continuous way to bring in funds, not to mention Joe can sign up his own customers and get back some of the cash or even make enough cash to cover the loss from giving away a carwash for $10."
Sermon for the week as the church needs money now. Pastor: How many of you are going to go home today and buy a $20 coupon for a car wash? If everyone today, 1050, could hand wash their car and donate that $20 dollars in this box, we could raise $21,000 today and feed two homeless families for a year. OR doing TCA will get us a $1000 which will take us 21 months to reach our goal. BECAUSE...
"TCA gets paid for putting together the advertising and getting paid visitors (people that have already paid) to Joe's carwash."
"You would rather the 50% go into a corporations pocket like groupon instead of 27% of it back to TCA members and 23% to TCA?"
NO, I'd rather that 100% percent go to the church because we are talking about fundraising for non-profits here in this discussion and not about how to make a buck for individuals. A congregation willing to spend $20 x 1050 = $21,000 a month in order to raise $1000 a month is absurd.
"Or Joe spending money on non effective advertising?"
And, if Joe wants to throw in a car wash deal every so often as mentioned previously, it's a nice idea.
"Seems like a no brainer to me yet here you are with your simple mind not being able to grasp the whole concept."
Oh don't worry, I get it. BRING....IT......ON
MY OPINION IS ONE THING BUT YOU CANNOT CHANGE THE MATH.
May 5, 2011 9:56 AM PDT
Wow Chuck you have it all figured out!
So is the church going to pay for the advertising to get 1050 people to Joe's car wash?
What about next month?
Will Joe be willing to give the church another $9500?
TCA is set up so that the church can sign up 1050 people and won't just have to count on Joe every month or coming up with another fund raising idea. Those 1050 people will be offered 50% discounts from 30 different businesses every month and they themselves will be saving money even if they never sign anyone up to TCA.
So it's set up so that a church has a continuous way to bring in funds, not to mention Joe can sign up his own customers and get back some of the cash or even make enough cash to cover the loss from giving away a carwash for $10.
TCA gets paid for putting together the advertising and getting paid visitors (people that have already paid) to Joe's carwash.
Joe will also know exactly how many people bought the discount because it is 100% trackable, unlike conventional advertising.
You would rather the 50% go into a corporations pocket like groupon instead of 27% of it back to TCA members and 23% to TCA?
Or Joe spending money on non effective advertising?
Seems like a no brainer to me yet here you are with your simple mind not being able to grasp the whole concept.
Have a Great Day Chuck!
May 4, 2011 8:08 AM PDT
Nothing. MLMers see it as an easy way to get a mass of people to sign up under them to pad their pockets.
Of course they twist it and say they are helping the church make money.
May 4, 2011 7:52 AM PDT
Ok, I'm gonna have to start from the top on this one, what exactly does TCA have to do with church? lol
May 4, 2011 6:39 AM PDT
I see. Well if we are keeping the church's best interest in mind perhaps this would be better.
Keeping with your numbers scenario again, how about this?
We have 1050 people willing to spend $20 a month, right? And in return, the church makes $1000.
Or, Joe, a church member, was thinking about putting his car wash with TCA deals to help both him and his church. The 50% deal would be $20 a wash with the normal price being $40. Joe will only see $10 because the other $10 goes to TCA and the church makes $1000.
Joe gets $10, TCA gets $10, and the church gets $1000 based on the 1050 people buying.
Or, Joe a very good parishioner and car wash owner, offers the same deal directly to the church's 1050 people willing to spend $20 bucks for the church.
Joe gets his same profit of $10 per wash. Church gets 1050 x $10 = $10,500 woohoo
We have just now eliminated the greedy people at the top of the pyramid pocketing the $9500 in the name of the church.
Now there's an idea. Have a local business directly give a daily deal to a charity/church.
May 4, 2011 3:36 AM PDT
Like I said I tried to keep it simple. There are a lot more numbers that go into that equations as well as the human factor, some will just save money on discounts, some will tell a few friends, etc. Each individual's success depends on his or her background, dedication, desire and motivation.
Could someone make the amount of money that Ufuk has estimated they will make, possibly that depends on if TCA even launches. It will launch its just a matter of when....
For the purpose of staying on track with this thread, should churches be involved?
It could be a great way to make extra money, to fund the church's purpose, what ever that may be, help communities and save the churches patrons money on dining out etc.
Churches as a whole are always looking for ways to make an extra income to cover expenses etc.
An example would be: Placing a cell site on top of their church and earning revenue once a month on leased space.
If a church sold all their patrons a coupon book for $30 that might save them $300 would that be unethical........
I encourage anyone ready this thread that hasn't signed up to The Customer Advantage to go back up to the top, click on Ufuk's link and sign up for free and get the information about The Customer Advantage from their website so that you can form your own opinion.
The bottom line is -- no one has been scammed by The Customer Advantage it's just as it states "Free membership".
I have no ties with Ufuk what so ever but I wish her the best of luck!
Best of luck to you as well Chuck.
The bottom line is no one In TCA has been scammed out of anything.
May 3, 2011 1:38 PM PDT
Sure, let's keep it simple and use your conservative numbers. You would have to agree that people join this to make money and I'll even give you the scenario that people would be happy with $1000 a month. So, according to your numbers, it takes 1050 people to make a $1000 a month.
Do you think the pre-launch people expect to make a 1000? I would say they would be disappointed but happy enough so let's go with that. After all, that's why they signed up in pre-launch!
If all the pre-launch sign-ups 100,000 expect to make $1000 a month and it takes 1050 people in each group to achieve that, you will need 105,000,000 MILLION PEOPLE (100,000 x 1050) to achieve this. The entire US population is only 300 million. And let's not forget about the competition: Groupon, Living Social, Facebook, and others using the same pool of people.
Not only that but 105 million x $20 is 2,100,000,000 billion dollars handled through TCA website each month. Extraordinary! Almost unbelievable isn't it?
And I guarantee you people aren't just thinking $1000 or they wouldn't bother - Just look at Ufuk and her examples.
Geesh, am I the only one who can count.
And you have a nice day.
May 3, 2011 3:21 AM PDT
Hi Chuck, This is just like anything else, the more you put into it the more you get out of it. As far as the income potential there probably will be people making a six figure income if this program ever launches. Hopefully even some churches and fundraisers that are involved. Just to clarify- There is no product that the members have to sell - Their job is to advertise and that's what they get rewarded for, It's called word of mouth advertising if you haven't heard of it. Groupon pays you $10 one time for word of mouth advertising, so yes making money is that easy. They also have an affiliate program that pays you to post ads. It's that easy Chuck or you can be like millions of Americans and just sign up for government subsidies. UFuk posted an "IF" scenario people sign up others. We all know that it isn't realistic to think that everyone will sign up 1 person. As far as volume minimums --- let's keep it in simple terms. If you have 1050 members in your group, 15 on your first level and 50 are on your 5th level. You would get paid down 4 levels deep even if you don't qualify for the 5 level. Say on average your 1050 members spent 20 dollars each. That's $21000 in volume and you make $1000 that month not including what your level one members made. Even if the only spend $10 it is still $500 a month. So does it really matter that you don't get paid on your 5th level? Basically you can call it whatever you want MLM, ponzi scheme, network marketing, pyramid, pyramid scheme, deal of the day, word of mouth advertising that pays, only time will tell and the mass population will decide on whether it's a scheme or not. If it is it will get flushed out of the system just like anything else. Have a nice day!
May 3, 2011 3:09 AM PDT
I'm not particularly religious, so I really have no basis for saying this, but I can say that there is something "off" for lack of a better word that anyone is mixing "church" and an mlm company. Of course I am all for charity, so I definitely see a greater purpose, but still; I can't quite get a grip on that yet. The way things tend to go, TCA hasn't even launched yet, and we don't know that it even will, so how exactly is this even in its current stages?
May 3, 2011 12:12 AM PDT
You actually missed the one about "Do the recruiters make ridiculous income claims?" - Another red flag.
Fortunately, Ufuk addressed that:
Take this very reserved example:
If a church signs up 10 new people a month and each of those new members sign up just 1 person a month and they all spend $10 using the coupons, then after 1 year, the church would be receiving $7,925.00 a month from The Customer Advantage.
Now, based on figures put out by Groupon who conducted a test using their 20 million members, the average person spent $80/month on savings coupons. What does that do to the figures in the above example? Well, it gets pretty big. Now instead of $7,925.00 the monthly figure shoots up to $63,400.00.
I will agree with you on one point. There is no product. I will now refer to this as a ponzi scheme that is well disguised instead of MLM.
A clever team leader might say this to his downline:
Listen Joe all you have to do is spend $10 a month. Don't worry if you aren't going to use the coupon as no one will know and its not like you have to redeem it, you just have to buy it. Now, if you invest err,,,spend $10 a month a can convince others to do the same thing, you will make the huge income Ufuk is stating above. Not bad for $10 bucks! How easy is that.
I mean do you really think making money is that easy?
Of course there is the other problem with the math pointed out earlier regarding the volume minimum but let's not confuse ourselves.
May 2, 2011 8:33 AM PDT
Is It a Pyramid Scheme? No This is a Free membership, Group buying power with multi level recruitment commissions if the last 2 people on earth signed up to The Customer Advantage they won't be able to sign people up, but they would still benefit from being able to save money from discount offers. No one loses.
1) Are you required to "invest" a large amount of money up front and / or soon or later to become a distributor? This investment request may be disguised as an inventory charge. Legitimate multi level marketing businesses do not require large start up costs nor will give people to be under your down line.
The Customer Advantage Is Free to Join, No Minimum Purchase requirements and no annual fees. The Coop was 100% voluntary.
EXAMPLE: Seems "free" isn't always the case. How does one buy "15 people"? OR 20 people? Or whatever number of C0-OP's??....Are these virtual people?, dead people?, wax figures?, what? I assume anyone who signed up for FREE would not want to give themselves to someone else who paid a fee as their upline would expect them to stay right under them. I know I wouldn't want to share the people I brought in for FREE before launch or after launch. Hmmmm....do I have a point?
One doesn't buy 15 people a co-op in this case an advertising co-op is a pool of money used for paid advertising purposes to promote or recruit. Instead of me doing all my own advertising I could pay into a pool and advertise as a group. The concept has been around for years. So no you don't have a point.
2) If you do have to pay for inventory, will the company buy back unsold inventory? Legitimate multi level marketing companies will offer and stick to inventory buy-backs for at least 80% of what you paid.
There is no inventory with The Customer Advantage. You are being rewarded for advertising and sharing, there is no product for you to sell and no initial investment that you have to make.
3) Is there any mention of or attention paid to a market for the product or service? Multi level marketing depends on establishing a market for the company's products. If the company doesn't seem to have any interest in consumer demand for its products, don't sign up.
Consumer demand has been proven 40 million Groupon members and deal of the day sites popping up everywhere.....
4) Is there more emphasis on recruitment than on selling the product or service? Remember, the difference between multi level marketing and a pyramid scheme is in the focus. The pyramid scheme focuses on fast profits from signing people up and getting their money. If recruitment seems to be the focus of the plan, run; it may well be a pyramid scheme.
It is hard to classify The Customer Advantage as an MLM, the reason being is you are only signing up people to be a member to receive discount offers they are never charged a membership fee and are never required to purchase a discount offer.
Sure if no one spends any money then no one makes any either. There are no fast profits to be made for signing people up.
5) Is the plan designed so that you make more money by recruiting new members rather than through sales that you make yourself? This is the signature of a pyramid scheme operation.
Again -It is hard to classify The Customer Advantage as an MLM, the reason being is you are only signing up people to be a member to receive discount offers; they are never charged a membership fee and are never required to purchase a discount offer.
6) Are you offered commissions for recruiting new members? Another pyramid scheme trademark. It's the number of people who are willing to sign up that matters in a pyramid scheme, not the products or services being offered.
You get paid zero dollars for recruiting; you only get paid if someone you recruit buys a discount offer of their own free will. No one is ever required to buy anything.
Question; Where does the $75 dollars (from the co-op's -TCA) go? I would love someone involved with this company (The Customer Advantage) TCA to fully explain this option of co-op to me. I hope I didn't offend anyone by asking one question. Thank you!
The Coop money went into a pool for advertising and recruiting members, it was 100% voluntary and not a requirement. The Customer Advantage has also offered a 100% refund if you want your $75 dollars back.
I am a member of The Customer Advantage and I have not paid one penny to be a member. Is it a scam? I seriously doubt it but then again that is my opinion, only time will tell what John's true intentions are which will most likely be on a scale of greatness! Is Amway a scam or a pyramid? No it's a great business model that gives people the opportunity to work hard and be rewarded, yes you have to be able to sell people on it but the potential is there.
Ufuk is just here advertising something that she believes in, and in all due respect if you believe in saving people from scams and not disrespecting people that are actually trying to do some good in the world then you would have just placed a link here to Scam.com that people could go to and form their own opinion.
Hope this answers most of your questions Chuck.
May 2, 2011 5:08 AM PDT
The Coop was offer to 1000 people in January. It was not and is not a requirement to become a member of the customer advantage. In fact, since it is taking so long for them to get the folks their guaranteed signups. The customer advantage has offered any one that signed up for, their 75 dollars back no questions asked.
Wallace I have to disagree with you about this being a fantastic thread.... It's basically all about Chuck ranting and raving about somthing he has done very little research on and belittling the lady who started this thread.
I do agree with you about Ufuk returning to comment or reply .
Have a great day.
"You seldom get what you go after unless you know in advance what you want. Indecision has often given an advantage to the other fellow because he did his thinking beforehand." - Maurice Switzer -
May 2, 2011 3:32 AM PDT
I guess I'm still not getting the $75 ( or $79 ) co-op fee.
Is the Customer Advantage free to join only if someone has paid a $75 co-op fee and can therefore offer you a 'free' membership?
That sounds like a similar company where you had to buy digital 'tickets' to invite others to the pre-launch who would then buy digital 'tickets' creating a vast electronic pyramid with no real product.
So to clarify my question, can someone break down exactly how this co-op fee works for The Customer Advantage? Is it the same scenario?
May 2, 2011 3:20 AM PDT
What a fantastic thread, I only wish Ufuk would have returned to comment or reply. Great info and clarification guys.
May 1, 2011 12:35 PM PDT
5. Marketing Co-op – Testing for the marketing co-op begin the last week of February. The best campaigns were determined and members began to be placed to the co-op participants last week. The main push of this campaign is slowed as the email system is finished being transitioned. All co-op participants are GUARANTEED 15 front line members. One of the reasons there was a guarantee given in this co-op is because of time that TCA knew this process would take. Remember also if you heard John on one of the conference calls, co-op participants will receive an additional marketing tool for FREE. You’ll be blown away by what you get. This is very unique – NO ONE IN SOCIAL MEDIA HAS IT!
#43 · Posted: 11 Feb 2011 09:28
Reply Quote
The Customer Advantage Founder, John Milanoski recently rolled out a marketing co-op (optional of course). For a one-time fee of $75, he will guarantee you 15 Front Line sign-ups.
I think that is reasonable, especially for those that wish not to recruit. Check it out to see if it's for you!
#72 · Posted: 3 Mar 2011 10:45
Reply Quote
One of my downline has got in touch with me because he paid $79 for 15 sign ups about 3 or 4 weeks ago and has not got one yet.
Has anybody here received any sign ups through this offer?
May 1, 2011 11:45 AM PDT
Regarding the site exposing John Milanoski, I can only tell you what my intention is and maybe his is the same - He's just better at it than I am.
I am no one special and don't know any one particular person. I have just watched scam after scam unfold, had family members lose money, and I am tired of seeing people get scammed. It IS that simple. I view it somewhat as a public service if only people would listen. Instead, they listen to the crap these scammers hype and fall for it every time. If you start paying attention to the facts and know what to look for, you will see the same pattern unfold every time.
For example,
The "free" customer advantage offered at least 1000 co-ops at $75. That's 75,000 and it could have been more. Free isn't free.
Also, you will notice that John M. never addresses the math. He merely talks about dreams blah, blah, blah.
Click on the church ladies site and you will see her talking about making six figures within a year. How stupid does she think we are?
All classic red flags and my hat goes off to linkvaark and everyone else's should too.
May 1, 2011 10:39 AM PDT
[quote user="chuck"]
May I ask why you are inquiring?
[/quote]I did read the pages you linked about the owner and his prior marketing businesses / campaigns. It was pretty interesting stuff.
Whether it makes him a bad bet or just persistent, I don' t know. I don't participate in the business, but I've read stuff on other execs that make him look like an angel. At the same time, any time someone goes to such lengths to create a website about an execs history - they definitely pissed someone off in the past. And having a completely clean business record I guess makes someone with a site like that dedicated to him look unsavory. It's all a matter of degrees. Once the FTC starts banging on your door, or you get a permanent cease and desist from the Attorney General, you've moved from the minors to the majors.
Regarding the $75, I just can't find anything that says it costs $75 to participate. Everything says "Free". I must be missing the post about $75 to join the coop. Do you have that link?
Thanks
April 30, 2011 2:09 PM PDT
May I ask why you are inquiring?
Did you read the linkvaark page?
To answer your question regarding the co-op, I recall seeing a post from someone involved that went something like this:
"Joining the co-op for $75 is a "no brainer" if you want to make even more money." Nuff said!
April 30, 2011 12:44 PM PDT
Chuck,
I'm not familiar enough with The Customer Advantage to know what their business model consists of.
What is the $75 fee you refer to? Is it a free membership, or is it a free enrollment then $75 to participate in the comp plan or one of those similar bait and switch deals?
Can you clarify?
April 30, 2011 6:50 AM PDT
And after all this and you have no doubt that the christian thing to do is to continue perpetuating this scam, I'm sure you won't mind letting us know what church you attend unless of course you are trying to hide something from them.
And if you are an innocent lady who truly had no clue, I'm sorry for you and I hope you will make it right. My intention is to stop people from being scammed and losing their money. And before you say but it's free, think of "aiding and abetting" the criminal and remember all those people that put in their 75.00 hard earned dollars because so many people were signing up.
April 30, 2011 6:32 AM PDT
Credit to http://linkvaark.com/?s=the+customer+advantage+comp+lan for the above explanation.
May I also ad that with your example of:
If a church signs up 10 new people a month and each of those new members sign up just 1 person a month and they all spend $10 using the coupons, then after 1 year, the church would be receiving $7,925.00 a month from The Customer Advantage.
There would be 15,850 people in that group for the church to see those numbers.
How many people live in your town?
How many other churches are in that town?
Would any of the 15,850 want to make the same amount as the church? How many people signing up expect to make money?
Are you signing up the church? How about giving up your position in the matrix to the pastor?
April 30, 2011 6:15 AM PDT
Ufuk Sepin-Curtis Posted: 04-25-2011 9:14 AM
Take this very reserved example:
If a church signs up 10 new people a month and each of those new members sign up just 1 person a month and they all spend $10 using the coupons, then after 1 year, the church would be receiving $7,925.00 a month from The Customer Advantage.
Now, based on figures put out by Groupon who conducted a test using their 20 million members, the average person spent $80/month on savings coupons. What does that do to the figures in the above example? Well, it gets pretty big. Now instead of $7,925.00 the monthly figure shoots up to $63,400.00.
Math:
So, John Milanoski has spent quite a bit of time figuring out how to pyramid-ize coupons, ever since he discovered Groupon.Groupon isn’t exactly a secret, especially since the 2011 Super Bowl. Even though his plan, “The Customer Advantage” has yet to secure a single coupon deal, he has been aggressively seeking out suckers willing to sign up to be “Promotion Directors.” The job of a “Promotion Director” is to sign up additional marks for this scam, as the compensation plan makes clear.
In my previous post on this emergent scheme, I showed one aspect of the compensation plan, simply to demonstrate its pyramidal nature. But there is more to it. In fact, this is a compensation plan that is so pernicious, so devious, that only a true sociopath could have conceived of it.
Let’s do the math.
_______________________________
Here’s the hook: for every person you sign up to this plan, you get 5% of whatever they spend on purchasing discount coupons (for more on how such coupon offers work, click here). Well, not exactly. There are a few catches that you have to fulfill first.
Catch 1: Milanoski makes a big point of the idea that you get 5% of the purchase price of all coupons deals sold to anyone recruited within your “downline” to 5 levels deep. In other words, You recruit Jane and you get 5% of whatever Jane spends on coupons. Jane recruits Bob, so you get 5% of Jane and 5% of Bob. Bob recruits Tom. So you get 5% of Jane, Bob, and Tom. Tom recruits Shanice, so you get 5% of Jane, Bob, Tom, and Shanice. Finally, Shanice recruits Joaquin. So you get 5% of Jane, Bob, Tom, Shanice, and Joaquin. Sounds interesting! The only drawback is this: in order to get commissions on all 5 steps in the pyramid, you have to: (a) have recruited at LEAST 10 people directly under you and (b) each of those 10 people has to be bringing in at least$10,000 in sales. In other words, you have to be producing a minimum of $100,000 in sales before you get this 5%.
Lets do the numbers on that. Here is the MINIMUM you need to reach the magic level of obtaining a 5% commission on sales of the 5 levels below you:
BUT WAIT: Not only do you need to have recruited 10 people who are willing to recruit more people, you ALSO have to produce AT LEAST $100,000 in sales from this “network.” That is, each of those 10 people you recruit has to average $10,000 in coupon sales (daily, monthly, yearly, Milanoski doesn’t specify). Think about that for a minute.
Suppose you annoy people sufficiently that they agree to sign up to get you to go away and you manage to get the following 10 people in your “downline”: Mom, Uncle Chuck, half-sister Becky and her husband Rob, Joe your mechanic, Pastor Amy, Cynthia from work, Bubba from high school, Snazz from the pawn shop, and Buck from the bar. EACH of them would have to average $10,000 in coupon sales in order for YOU to get that magic level 5 compensation.
How likely is that to happen? Let’s start with the average price of a deal. Groupon, the leader in this space showed recent average deal prices of $44.94. To get to the trigger revenue figure of $100,000, your network of 10 would need to bring in 2,226 customers, or 222.6 each. How effective do you think Bubba is going to be at generating that level of sales—over a year much less over a month? How likely is it that each of the 10 in your network is going to be able to convert 223 deals? Given an average conversion rate of, say, 10%, they would have to solicit 2,226 prospects. I don’t mind telling you that’s a LOT of work. Very few people have that number of contacts. Do YOU know 2,226 people that you could personally solicit to purchase something?
I didn’t think so.
So, OK, you are not going to get to “Level 5″ compensation. Is that OK with you? Go for Level 4.
Catch 2: To get to Level 4, you have to personally sign up AT LEAST 15 people. Not “your people have to sign up people”, but you yourself have to lure in at least 15 people who are willing to become part of this pyramid scheme. How good are your powers of persuasion? Do you honestly think you can fast-talk 15 of your friends and family into joining you in this boondoggle? Let’s just say for the sake of argument that you are successful 25% of the time (and that’s EXTREMELY optimistic). You would have to give your sales pitch to 60 people before you could meet that level of compensation. Are you willing to hard sell 60 people?
Catch 3: Roll-up. If someone you recruit drops out, you get their commissions! SWEET! Not so fast. If someone you sign up drops out and that puts you under the sign-up minimums, you get zip. You have to go recruit yet another body so that your minimums are maintained. On the other hand, if you manage to recruit a bunch extra to the minimum and you “encourage” some of those to drop out, you get to keep any commissions owed them from sales made to their marks. IDK, that’s even unethical in a pyramid scheme!
OK, so you really don’t need to get to compensation level 4. Level 3 or 2 is good enough. You sign up Bob and Bob signs up Alice and that’s the end of the chain. Alice buys one deal a month at an average price of $45. For each deal Alice buys at that price, you get 5%, or $2.25. Or do you?
Catch 4 It appears that unless you meet the complex minimums specified in TCA’s evolving compensation plan, what you actually get would be 2%, or 90¢.
So, let’s see. Should the stars align in your favor and you are a really aggressive salesperson, you could potentially earn $500 for every $10,000 worth of coupons sold by your 10 underlings. Put it this way: you would be wholly dependent on 10 people you have no control over to push them to sell $10,000 worth of coupon deals in order for YOU to get $500.
And you would have to do this in the face of fierce competition from the market leaders Groupon and Living Social, as well as the many copycats bringing up the rear. None of whom have the overloaded commission structure to bring their margins down.
In reality, the stars won’t align (they never do) and if you are lucky, you are pushing a couple of deals a month and earning somewhere in the neighborhood of 5 bucks. And HOW much effort are you putting into that?
April 30, 2011 3:33 AM PDT
March 22, 2012 1:38 AM PDT
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Having researched this industry thoroughly, I see this as the number one recession proof business I have ever reviewed. We all know about RedBox success, and BlockBuster which was the gorilla in industry for years, but now in bankruptcy for one very important reason, overhead and competition from NetFlix and RedBox Kiosks was eating into their profits. Having owned a retail movie rental store when VHS movies were on market, I know how profitable this industry was first hand. I got put out of business by BlockBuster, so I was happy to see them go into bankruptcy due to the same tactics they used to dominate market for decades.
Bottom line is this. Everyone is looking to save money, not waste it. If you were presented with a lower cost alternative such as Free-FlixsNow is, and the same movies were available as the others offer, same home direct delivery, and soon, same Kiosk system as RedBox, and also coming, the future of rental industry with streaming movies for those with high speed internet connections. Simply put, if you want to save money, check out Free-FlixsNow. With BlockBuster and NetFlix charging up to $10.00 per month, Free-FlixsNow is just $2.08 per month for savings of over a hundred dollars a year on same movies you would rent from others. With cable and satellite movie rentals of $6.99 each in many areas for first release movies, think of the savings for an average family. Then looking at the average families trip to the local movie theatre which now costs almost $40.00, never mind cost of gas, this is what people want, entertainment for less.
For non profit fundraisers, this is about as easy as it gets. Just hand out free trial discount cards to your donor base and as new subsribers register, a share of profits is paid to the fundraiser. With the added incentive of getting unlimited movies for free, just by sharing and referring others who want to save money, each donor could easily refer their family and friends which will create a sustainable donation stream month after month for your favorite fundraiser. This is the one free gift that keeps on giving, almost viral once you get the referrals started since everyone is looking to save money, and everyone rents movies, games and music, and Free-FlixsNow will have it all available for less. Pre-launch beta testing just started and launch to public is in July, so get your position now to learn how to present it to your charity or foundation.
Success to all,