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Thursday, May 20, 2010

It's easy with eCosway

PARTNER MERCHANTS NEEDED AROUND MALAYSIA
FOR THOSE WHO INTERESTED TO DO THEIR OWN BUSINESS.A PUBLIC LISTED COMPANY WILLING TO INVEST RM200 MILION TO OPEN 500-800 CONVENIENCE SHOP (SIMILAR WITH 7-11 PLUS WATSON) AROUND MALAYSIA
THE BENEFIT IS
-RENTAL (PROVIDED)
-RENOVATION (PROVIDED)
-ELECTRIC (PROVIDED)
-GOODS (PROVIDED)
-MAINTAINANCE (PROVIDED)
-TOTAL SALES 10% WILL BE YOUR INCOME
-U CHOOSE THE LOCATION TO OPEN (WITHIN MALAYSIA)
-NO INVESTMENT, CAPITAL AND FRANCHISE NEEDED
WE NEED TO PAY
-WATER BILLS
-2 X TELEPHONE LINE + STREMYX
-INSURANS ABOUT RM1,000 (DEDUCTED FROM BONUS) INCLUDE FIRE DISASTER, FLOOD DISASTER, BURGLARY, PETTY CASH
Advantage :
1. Stockists are for real. ECosway uses the stockist centres to increase their sales, their network etc.
2. RM10,000 is security deposit, refundable when you decide not to carry on being stockist.
3. Stockist fee between 5-10% of total gross sales. However, stockist is expected to make more from the network income (which is MLM income).
4. Depending on the location of the stockist, you can expect to sign up quite a substancial number of new members to grow your network fast.
Disadvantage :
1. It's rather difficult to pass the interview cos requirements are getting more stringent than when they 1st started this concept. Of course, when they have more than 1000 applicants hoping for a free shop and the chance to earn big money, I think you need them more than they need you (so the saying goes..). So, it's NOT a guarantee anyone who wants/apply will get. In fact, only a small percentage will succeed.
2. Each month, more and more good locations are occupied, so how sure are you, that even after you pass the interview, can get the location that is good or suitable for you. Are you willing to be relocated to another place or maybe, some small town where there may not be stockist?
3. Are you willing to give your life to Cosway, knowing they demand all of your time (10am - 10pm, 7 days a week)
4. If you are to sign up as BO with the hope of getting to open a shop, or someone you recruit open a shop, be prepared that it may or may not happen. You are putting money in for a dream/hope which is no guarantee that can come true.
Summary : Find out all the facts you can and then make a decision, so that you will not regret anything.
Normal stokist is also known as m-Cosway, whereby:-
1) Renovation, rental, electric, maintainance - all bear by yourself except for goods (consignments)

eCosway stokist is also known as e-Cosway, whereby:-
1) Renovation, rental, electric, maintainance, goods - all bear by the company
m-Cosway = you get 5% profit from the retail price
e-Cosway = 10% from the retail profit

Operating hours:-
m-Cosway:-
Mon - Fri = 12pm - 6pm,
Sat = 12pm - 4pm
Sun & public holiday = OFF
e-Cosway:-
7days a week/12 hours (anytime but 12hours)

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