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When I returned in November 2010 for my permanent stay I was unaware of an opportunity until one of my filipina friends shared it with me through Facebook in June 2011. I wish I had only known about it sooner. I personally have a good friend in Cebu who started with this opportunity in December 2010 and as of August 2011 has made P2.2 million. He did this in 8 short months with only an initial investment of P3988 or less than $100 US!
This business is a networking opportunity which originated in Manila in 2009. Network marketing may not be your thing, but I am only here to share what I believe to be a great business opportunity. The popularity of Facebook and the amazing increased interest in other social media is just one reason that anyone can have a great business in Philippines with this opportunity.
There are several things which make a business opportunity a good one. Just the same as with many traditional businesses, a network marketing business needs a good compensation plan, a consumable product, and it must appeal to the masses rather than a select few. With rising fuel prices, shipping of product can also be a major expense.
Here in Philippines almost everyone buys load for their cell phones. It's a basic need here and almost as important as rice. Philippines is the texting capital of the world with over 900 million texts per day. This business is not just about retailing load, but more importantly, building a network of dealers and retailers under you. My friend in Cebu who has made P2.2M did not do it simply retailing load. He did it sharing the business with others and building a downline across the world.
With so many Filipinos abroad and OFW's, this opportunity has worldwide appeal and is an opportunity for everyone. It is changing the lives of many people. For a guy like me who needs an extra income to afford living in Phils, this is the perfect opportunity for me. The product is consumable and very much desired by all, not just by the healthy or wealthy. It is an e-loaded product with ZERO shipping costs and inventory does not expire, rot, go stale or take up valuable storage space. The compensation plan is great and sustainable by the company.
When I first saw a presentation video for this opportunity, it was in Tagalog. I am not fluent in Tagalog, but I understood enough to know what was being offered. I knew that most foreigners would never understand it in Tagalog, but many would also like it just as I did. After a about a month, I began to work on an English version of this business presentation so that I could effectively share it with other foreigners. In the two weeks since I completed my English presentation video, my downline has tripled! Most Filipinos focus sharing it only to other Filipinos because they are shy to approach a foreigner and speak English.
For you guys who are tired of giving money to the family of your Filipina, you can now make them a business partner and let them sell load or find you new dealers. With her large family, you will have an immediate large network. For those of you who are abroad and sending money back to the family, you can transfer load for FREE instead of paying fees to Western Union to transfer real money. They will then have to go out and sell the load to get their money. On average, they will make about a 10% profit when they do. I will cover how to get load to sell or transfer in a later post in an effort to keep this one shorter.
There are two basic opportunitites with this company. You can be only a retailer of load for P250 and save an average of 10% on your personal consumption or make an average profit of 10% on sales. This option is NOT going to make you lots of money, but could provide a nice little extra income for you. I think almost everyone who uses load should at least get a retailer card and save money on their own personal consumption.
The dealer option is the best opportunity to make money in this business. Sure, you can sell load, but you can now sponsor and train other new dealers. You will earn direct sales bonuses and team sales bonuses, plus you will get a 1% - 2% retail sales override on all of the load your retailers sell. The dealer package is only P3988 and includes 20 retailer cards which can be sold for P250 each. 20 retailer cards X P250 = P5,000.
I won't try to explain the entire compensation plan here, but a dealer earns P500 for each new dealer they directly sponsor. The real big money is in the matching team sales bonuses of P500 each. As your downline grows, you will get many matching team sales bonuses off of the activity of your downline. Please watch the presentation video here to get a good understanding of this. My contact info is available in the video if you want to communicate with me directly.
Edit: If you feel this is for you, please contact Mark via PM or email - adventureguy_007 (at) yahoo (dot) com.
Edited by Admin, 10 September 2011 - 02:23 PM.
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