Utility Warehouse Distributor anyone do it?
- Thread starter edscdk
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Man of Honour
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Well I'm not getting it from this post below, post your point like I'm a 5 year old because in any world making 100k a year from sitting on his arse sounds well paid to me.
That doesn't mean it's well paid or that the commission rate is good
£100k is just a big number. Well paid is subjective to the time and effort involved in getting that pay. If the same time and effort could get you paid more then £100k isn’t well paid even though it is a lot of money.
Someone able to make £100k from Utility Warehouse could make more elsewhere.
Edit: and this becomes even more apparent when considering people who earn lower amounts. They could earn more elsewhere with similar effort. The main thing Utility Warehouse has is that it has potential for decent lengths in each commission generating sale.
Reminds me of the stuff back in the 90s - used to be some infamous pyramid scheme selling vacuum cleaners I've forgotten the details of now and a "company" with a similar name where you could "invest" as a local partner for a small fee and an introductory cheapy goods/small quantity sales opportunity that you'd sell easily for a small profit then you'd be given the "opportunity" to buy in a bigger and more expensive bulk at which point strangely you'd be on your own... but if you were struggling to shift it you could always pay to go on one of their sales courses...
When I was in the UK I knew two people that did this.
FIRST GUY
A friend of mine, and although I had no idea what he was earning, he purchased a number of fast food franchises on his earnings from UW, and drove around town in a 911. He seemed to do all of this in around 4 years of being with UW.
SECOND (MY WIFE)
Disaster.....didnt sell anything, and in fact we lost money on an samsung tab 3 the company asked her to get to help present to prospective clients.
FIRST GUY
A friend of mine, and although I had no idea what he was earning, he purchased a number of fast food franchises on his earnings from UW, and drove around town in a 911. He seemed to do all of this in around 4 years of being with UW.
SECOND (MY WIFE)
Disaster.....didnt sell anything, and in fact we lost money on an samsung tab 3 the company asked her to get to help present to prospective clients.
Associate
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Where the idea is to sign up more people to sell it, who then sign up more people to sell it, who then sign up more people to sell it, who then ... sorry I'm obviously wrong
Where the idea is to sign up more people to sell it, who then sign up more people to sell it, who then sign up more people to sell it, who then ... sorry I'm obviously wrong
Then you've misunderstood Utility Warehouse.
It's a utilities company. The main idea is you sell utilities. Enlisting other sales agents is ancillary, and incredibly importantly income from people you sign up doesn't significantly come from cash those individuals introduce, rather it comes from the sales they make. That's why it's different to a pyramid scheme. This is an example of outsourcing a sales department to self-employed individuals.
I know this thread is ancient but it ranks highly on google for the firm and as I've got an account here I felt like adding to it for anyone that hits it via a search
https://amp.theguardian.com/money/2...use-is-its-life-changing-scheme-really-ab-fab
To make 28k a year you'd need to sign up 7800 customers. Their top tier of earnings Would need you to sign up 500k customers which is funny because they've got about 650k total so not really achievable
When I fixed my energy last year in feb they were the 47th cheapest deal and more expensive than who I fixed with bt over £300 a year
For broadband it's £35 a month for 63mb. We get 76mb for £21 a month and got cashback on top, so over 18 months it's 2.75x more expensive than our provider
repeat this over mobile and home insurance
the reps get sales by giving huge discounts on these figures but they are built into the price already so they're only discounting the margins you're already paying vs their competitors
over 90% of MLM reps lose money or break even so given the sums posted above I struggle with believing anyone is making 100k a year off UW recruitment and selling, it's possible but extremely unlikely. What is more likely, which is prevalent in the MLM industry, is fake it tip you make it.
I see people all the time getting involved in MLM's and being told by uplines to use inheritance, savings etc and say everything is paid for and enabled by the MLM because it breeds success.
Absolutely horrible company that has taken peoples homes off them due to disputes over debt, and instead of dealing with claims they took legal action against them for setting up Facebook groups to coordinate action.
Biggest ofgem fine for not helping customers who got into debt and for overcharging customers
terrible service - trustpilot only 3.9/5 stars despite the fact that all their "customers" are reps so obviously give it glowing reviews
Company needs firing into the sun on a rocket
https://amp.theguardian.com/money/2...use-is-its-life-changing-scheme-really-ab-fab
To make 28k a year you'd need to sign up 7800 customers. Their top tier of earnings Would need you to sign up 500k customers which is funny because they've got about 650k total so not really achievable
When I fixed my energy last year in feb they were the 47th cheapest deal and more expensive than who I fixed with bt over £300 a year
For broadband it's £35 a month for 63mb. We get 76mb for £21 a month and got cashback on top, so over 18 months it's 2.75x more expensive than our provider
repeat this over mobile and home insurance
the reps get sales by giving huge discounts on these figures but they are built into the price already so they're only discounting the margins you're already paying vs their competitors
over 90% of MLM reps lose money or break even so given the sums posted above I struggle with believing anyone is making 100k a year off UW recruitment and selling, it's possible but extremely unlikely. What is more likely, which is prevalent in the MLM industry, is fake it tip you make it.
I see people all the time getting involved in MLM's and being told by uplines to use inheritance, savings etc and say everything is paid for and enabled by the MLM because it breeds success.
Absolutely horrible company that has taken peoples homes off them due to disputes over debt, and instead of dealing with claims they took legal action against them for setting up Facebook groups to coordinate action.
Biggest ofgem fine for not helping customers who got into debt and for overcharging customers
terrible service - trustpilot only 3.9/5 stars despite the fact that all their "customers" are reps so obviously give it glowing reviews
Company needs firing into the sun on a rocket
Man of Honour
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I have a mate who has been doing it for years, I even went to a meeting with him in Sandbach as a potential salesman but it was like a cult.
Only last week he was arguing with someone on Facebook saying he's got 350 very happy customers and that he earns a good living from it which really doesn't fit with the 7800 customers for £28K!
The bloke he was arguing with said that UW had ruined his marriage and they had split because of it
Edit
Just seen my replies up above and I still stand by what I said, he is back on Facebook now though.
I have a mate who has been doing it for years, I even went to a meeting with him in Sandbach as a potential salesman but it was like a cult.
Only last week he was arguing with someone on Facebook saying he's got 350 very happy customers and that he earns a good living from it which really doesn't fit with the 7800 customers for £28K!
The bloke he was arguing with said that UW had ruined his marriage and they had split because of it
Edit
Just seen my replies up above and I still stand by what I said, he is back on Facebook now though.
That's the thing, 350 customers will pay little but he will be told every purchase or holiday to say its thanks to the company
it seems cult like because it is, there is docu on iPlayer showing how all the big firms HQ is in Salt Lake City and the Mormons are the ideal MLM as the women don't work and they have to go on "the mission" to talk people into converting their faith. Massive cult like culture to remove negative influences in your life (I.e people that try tell you the facts), and worse I imagine that 350 customers is probably top few % of all sales reps. Many will have 0-5 pity signups
Man of Honour
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but what I don't get is that he has a lovely house, a couple of nice cars and he's always going on holiday as I said in a post in 2019.
He's going to New York next week and I'm pretty sure his only work is UW!!
I was gobsmacked when he said he'd got around 350 customers unless he was playing it down.
He took me to that Sandbach meeting in 2007 because I'd been made redundant and he'd been doing it a few years at that point - 350 doesn't sound many.
Generally the kind of people heavily into this stuff are also heavily over-stretched on their financial position, even if they give the impression of having money.
Often making money from running courses, etc. as part of it - I have no idea as to the specifics in this case but as I mentioned above similar companies have run
if that's his only source of income and he's making that much money, after paying tax etc, then he will be VAT registered so look him up on company house and look at his filings.
trouble with MLM is you're constantly recruiting your own competition.
You'd need a huge amount of customers to pay for a nice house, cars and holidays because you have an initial bonus for signing up a customer depending on what services they take and after that it's a small % of their spend
from there you obviously have to pay tax in your profits and file annual accounts to hmrc so something doesn't quite add up. He could have gotten in really early and be near the top of the pyramid but then he would have a lot more customers than you're saying he has
the giving personal number out is common because they want to be able to talk them out of leaving etc
charge people who are out of contract a set fee to negotiate a discount on their internet/media packages.
there's probably thousands of people in your local area over paying.
you just have to word a flyer so it doesn't sound like your trying to scam them somehow
Soldato
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Obviously I can only go by what you're saying, but doing all that fancy stuff could all be by loans etc.
Deleted User 298457
Deleted User 298457
Guys honestly, just think about what you're saying. It is effectively a network marketing gig, so by the very rules of network marketing, someone HAS TO be at the top. I have a friend who is highly educated, private school, very good job - her Dad has made an absolute killing on UW but he got in early and has been there LONG. He takes care of his big Customers (above and beyond) by dropping gifts etc. Her upbringing has been entirely funded by UW 'referrals'. They even get a UW car.
It helps that UW are not on any comparison websites too and their membership fee structure is an absolute nightmare to decipher. My mum was with them thanks a neighbours recommendation - I could never make head nor tail of how the bill was generated, for what period, what discounts were bundle discounts and what additional charges we'd incur by moving one service elsewhere. I imagine a lot of folk are in this situation.
So as with anything... Scentsy, Nutilife, etc - you will always see an odd few making big money because by the rules of the game there has to be 1 or 2. What you aren't seeing is a fleet of Rolls-Royces in the car park of a UW meeting!
It helps that UW are not on any comparison websites too and their membership fee structure is an absolute nightmare to decipher. My mum was with them thanks a neighbours recommendation - I could never make head nor tail of how the bill was generated, for what period, what discounts were bundle discounts and what additional charges we'd incur by moving one service elsewhere. I imagine a lot of folk are in this situation.
So as with anything... Scentsy, Nutilife, etc - you will always see an odd few making big money because by the rules of the game there has to be 1 or 2. What you aren't seeing is a fleet of Rolls-Royces in the car park of a UW meeting!
It's almost like the structure is some sort of.....pyramid?
Deleted User 298457
Deleted User 298457
I'm not saying it isn't, I mean - it clearly and most certainly is. But posters jumping on a chap who states his mate is making a killing are missing the point of a pyramid. There HAS to be a tippy top else it's just a trapezoid
Part of the scam is that you have to pretend you're raking it in.
Most likely scenario is that this chump is running up debts, rather than being one of the lucky few to 'win' a pyramid scheme.