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Cosway Stockist FAQ Prepared by Charles 27 May 2012.

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Presentation on theme: "Cosway Stockist FAQ Prepared by Charles 27 May 2012."— Presentation transcript:

1 Cosway Stockist FAQ Prepared by Charles 27 May 2012

2 Content Cosway Stockist Benefit How to be Stockist? The structure Inside VS Outside Territory Accumulation Income

3 Benefits RM36,000 (7 BO accounts) to own your own business. Cosway provides – Renovated shop and monthly rentals – Rack, CCTV, POS System – Upfront Products (No pre-purchase) – Maintenance (Air con, POS system and etc) You just need to pay – Internet bill, water bill, and insurance only.

4 Cosway Stockist? eCosway Country Farm Organics Cosway Pharmacy Note: Cosway Pharmacy – Wait company to appoint (slow). – You find your pharmacist (fast).

5 How to be Stockist? (1) 1.Register as Business Owner – Fill in the Registration form. – RM100 fees. – Purchased 1000ev (RM5,000 – RM6,500) in 1st month. 2.Attend an interview. – Waiting queue around 1 to 2 months.

6 How to be Stockist? (2) 3.Have 6 Business Owners (BO) down line within 3 months. – 2 nd month: 2 BOs – 3 rd month: 4 BOs – Each BO purchased 1000ev on 1 st month.

7 How to be Stockist? (3) 4.Apply to operate stockist. – Require around 3 weeks to verify background. – No criminal and bankruptcy background. – Determine location. 5.Once application accepted, require around 3 - 4 weeks for shop to get made available. 6.Attend 15 days operation training.

8 The structure The structure of 7 BOs are as below. BO A qualified to open stockist. YesNo

9 The structure A -> B, C, D, E, F, G (Qualified) B -> D, E, H, I, J, K (Qualified) C -> F, G, L, M, N, O (Qualified)

10 Inside vs Outside territory Inside your territory Outside your territory

11 Inside vs Outside territory Pro: Less 1000ev. Con: Less one cheque. (monthly) A collected cheques A, B, C D collected cheque D Inside your territory Con: Additional 1000ev. Pro: Extra one cheque (monthly) A collected cheques A, B, C, D Outside your territory

12 Accumulation

13 E has 0ev. F has 0 ev. D has 10015ev (D + H + I) F has 10015ev (F + J + K) C has 15015ev (C + F + G). B has 15015ev (B + D + E). A has 35030ev (A + B + C).

14 Income Stockist Income – Retail Profit Monthly Sales x 10% E.g. RM50,000 x 10% = RM5,000 – Direct Profit VIP members spending x 8% E.g. 200 VIP members. Each spending RM50. 200 x 50 x 8% = RM800 Will not take into consider of ev accumulation.

15 Income Network Income (based on eDollar) – Retail Profit – Branch Override – Branch Performance Incentive – Extra Income 1 eDollar (e$) = RM3.50. Take consideration of ev accumulation. Every 3 nodes triangle has a cheque (all 4 network income).

16 Income Your income – Stockist Income + Network Income

17 Conclusion Too good to be true? – That why the procedure to be stockist is very confusing and time consuming. – Not an easy to ask 6 people to fork out RM5,000 – RM6,000 each. In facts, ROI is fast. – Interview and training not an easy task. – Most people bad in calculation

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