The Company
Ambit Energy is a network marketing company based in Texas that provides electricity and natural gas. The company was founded by its current CEO, Jere W. Thompson, Jr., and Chief Marketing Officer, Chris Chambless, in 1992.
Both men have enjoyed tremendous success in the telecommunications industry. Thompson was at the forefront of that industry as it deregulated. Chambless was an early member of the management team of Excel Communications. With this kind of leadership, Ambit seems a likely candidate for overwhelming success.
The Service
Ambit Energy distributes electricity and natural gas in Texas, Illinois and New York. Because energy travels through the same power lines whether an mlm company or a public utility provides it, customers experience no disruption in the way energy is delivered to their homes.
For nearly as long as electricity has been in use in American homes, public utilities have held a monopoly over the energy industry. In the last few years, however, there has been a trend toward states deregulating utilities.
It's been said before that competition is good for the customer. If you have felt taken advantage of before by complacent state-run monopolies, you're going to like retail energy. Providers like Ambit are obligated to strive for your business by offering better rates and more attentive service.
Ambit comes into the competition armed with discounted service, no contracts to sign, and customer incentives, like Travel Rewards Points given each month based amount of energy used. Ambit has joined the Better Business Bureau and has a Customer Satisfaction Guarantee.
The Opportunity
Ambit Energy's stand is that employees and consultants come first. When distributors are treated well by a company that is helping them to reach their personal goals, the customers are winners too.
Energy is a convenient product for network marketers. Everybody uses it, everybody understands the need for it, and everybody wants to save money on their bills!
With Ambit Energy as opposed to other home based businesses, there is no complicated paperwork, no inventory to store, and no deliveries to make. Also, consultants for Ambit do not have ongoing customer service to provide. Once they enroll a new customer, Ambit Energy takes it from there.
The timing is excellent. Consultants stand to benefit from the rush of consumers recently freed from the monopoly of public utilities and searching for a better deal.
Ambit Energy's Compensation Plan:
1. Earn up to $400 for customers you enroll in your first 12 weeks. You count as one, your website counts as two, and pending customers also count.
2. Earn $100 for every new Marketing Consultant you sponsor who enrolls four customers in their first four weeks. Advance in rank and you could earn as much as $190 for every new consultant in your organization.
3. Earn monthly commissions on every active customer in your organization through six levels.
4. Earn monthly bonuses on all of your team members' customers, ranging from $0.50 to $2.00 through unlimited levels of your organization.
Ambit Energy markets electricity and natural gas both through distributor websites and traditional, one-on-one network marketing.
I have read some press labeling Ambit Energy a pyramid scheme. (Actually, a lot of mlm's are accused of that.) Some mlm companies are considerably more profitable for long-timers than for beginners, whereas some offer very little room for upward expansion. Neither is an evil scheme. The bottom line is that would-be consultants need to know exactly what type of business they're getting involved in, and to commit themselves to sticking with it long enough to succeed.
There are great benefits for team builders that could translate into substantial income. But sometimes the bigger the incentives for team leaders, the harder it is for the new guy to succeed. That is because part of his profits are going to pay the Team Builder Bonuses he hopes to earn one day. That is also why determination is so important in this business.
Ambit is not just receiving bad press, though. Former energy marketer, Laura Licata, compares network marketers disinterested in the Ambit Energy opportunity to those who wish they took the advice or had the insight to invest in Google or Microsoft when they were not household words.
About the Author:
Cathy Yeatts is an online marketer and internet network marketing trainer. Learn more about Ambit Energy and other network marketing companies at the author's network marketing review web site.
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