Utility Warehouse specialise in providing utility packages and have very quickly established themselves as one of the most competitive and biggest names in multi level marketing.
The Company
Utility Warehouse are a company that specialise in providing cheaper utilities to their customers. They are able to do this by offering their services directly to their clientèle. As the operational name for Telecom Plus, you know that Utility Warehouse have the backing of a FTSE company which is reassuring.
The Product
There are 4 key products that Utility Warehouse offers to customers. These are home phone, mobile phone, broadband and energy. All of these packages are designed with value in mind and helping your potential customers to bring their energy bills down. As well as the core services that Utility Warehouse offer they also provide a large number of additional bonuses to their customers in the form of cashback and no long term contracts.
How to Apply
There is a £100 fee to become a distributor for Utility Warehouse which is a one off cost (note that this cost goes up to £199.75 if you wish to operate Utility Warehouse through your business and down to just £25 if Utility Warehouse is sold via a charitable organisation). This can be handled both online and through an existing Utility Warehouse distributor and full training will be provided to new distributors.
Earning Potential
Within the first year there are up to £2,000 in one off bonuses to be had. After that Utility Warehouse give you a small percentage of what your customers spend on their bills. They say that a typical customer who signs up for everything will provide £5 per month in residual income. On top of this you can earn part of what any people you introduce make as well.
Conclusion
Whilst there isn’t necessarily a lot of money involved in Utility Warehouse initially, there is definite growth potential if you have the drive to do so. Although Utility Warehouse are becoming a more well known brand however, they are not in competition with the main companies which is going to be the hardest thing to overcome. Otherwise this could well represent a decent second income and with enough work, a full income of respectable proportions.