The ACN Opportunity

~ Karthik S

Home based online business

For a first year fee (AUD 549) and from the next year an annual fee (AUD 165), I acquire franchisee of a web based platform to match or beat rates of utilities and services used at home and by small businesses. These are:

  • Electricity (with or without solar)
  • Gas
  • Phone (fixed line)
  • Mobile (postpaid, SIM-only or new)
  • Home broadband
  • Home and business security
  • Small business payment systems (EFTPOS, online payment gateway, etc)

Highlights

  1. Sell or convert essential home/small-business utility bills to operators providing packages through ACN. Usually the discounts and offers are better than what you can get directly from the service provider.
  2. Residual income through customer acquisition.
  3. Will-able, transferable, saleable business
  4. Direct marketing and also network marketing but not a pyramid.
  5. Business can be performed in 26 countries through a web storefront which can be obtained on a franchise basis.
  6. No imposed time-based targets. You can decide the speed at which you acquire customers.
  7. Income is a percentage of personally acquired or partner acquired customer’s monthly bills. Additional customer acquisition bonuses are provided depending on number of customers acquired and the number of qualified business partners working with you.
  8. Income is good enough after 3-4 years of operating. Some of the business owners who initially started out by treating the ACN opportunity as a part time additional income stream, enjoy the freedom to quit their day job and continue on the ACN opportunity whenever they please.

Not a pyramid MLM scheme

Commissions earned depend on number of customers acquired personally and on the number of customers acquired by partners in your team. Benefits are not passed on or curtailed to upper tiers if the upper tiers haven’t acquired sufficient customers directly or in their team. There’s no income if customers are not acquired, so this is not a fraudulent system.

What you can do for me and for yourself (one or more of below)

  1. Share details of your home utilities bills or business utility bills and business EFTPOS details, all that are applicable to you. I will compare rates and let you know if I can match or better the rates of your current providers. If you are satisfied, you can become my customer.
  2. If the opportunity to earn commissions from your bills and also on bills of others is exciting, you could become my business partner(called an IBO… Independent Business Owner in the ACN universe). The ACN support system operates in 26 countries, is very active, helpful and insightful.
  3. Share this link with your friends and family. Maybe they’ll be interested in (1) or (2) above, or maybe, they will pass it on to their friends and family.

More info

All this is definitely a lot to digest on a web page and will take a lot of writing to explain all the details. If you think this is too good to be true or if you are looking for more information, feel free to write to me(leave a comment below) or call me (you probably already have my phone number if I sent this post to you).

Cheers! Have a great day.

EDIT: Few months later. IT IS A PYRAMID SCHEME

I don’t do this anymore. 8 months into it(Feb 2019) and I stopped. This definitely is a cash-grab pyramid scheme. Commissions from bill payments are very very low. Commissions from adding people under you are the biggest component of income. I have no doubt that money comes from the money those people are paying to enter this scheme. The products are not competitive enough to be retained by customers and you’ll forever keep trying to add people in your pyramid(down-lines). I’m ashamed I failed to see through this in the beginning. My failure to catch this sooner was probably because the share of income from bill commissions wasn’t made clear from the beginning. With many people continuously leaving ACN, it was always a challenge to keep up the points required to receive maximum commissions. ACN led people to prey on their friend and family networks and grab money from their hands.

Examples:

For an electricity bill of $100, I would get $8 commission only if I had 75+ points(gained by adding customers or down-lines). With fewer points, I would get only few cents. Click Enery advertised great discounts but was always dodgy. I used their plan, the same plan that I recommended to others. They didn’t read the electricity meter properly, quaterly bills meant that I had to wait 3 months for a correction and any discount would be in the form of deductions from my next bill. Oh! And the commission was on final amount, not the original usage. ACCC penalized Click Energy (https://www.accc.gov.au/media-release/click-energy-to-pay-900000-for-misleading-claims).

I actively marketed the ‘Anovia’ payment processing product for retail outlets. First things first, Anovia don’t make the equipment themselves so they don’t have control over equipment faults and feedback. The device they provide is very old and uses more paper to print a small bill. Shops don’t like changing paper rolls that often. There was also a sneaky ‘termination/cancellation’ fee of $330 at the time. So if a shop owner wanted to switch over to Square or Tyro, they’d have to first shell out $330 to Anovia. It also didn’t help that the vendor couldn’t offer good rates to close a lead. So many times I’ve had to walk out on leads because Anovia couldn’t offer better rates and wouldn’t pay out the $50 to me if they couldn’t ‘meet or beat’ an existing bill. There was always some minor clause they quoted. And there’s also the limitation on which businesses they’d provide their services to. Tobacconists, pharmacists and a couple of other businesses were totally out-of-play. Above all that, I found out the hard way, that my commission was 1% of the charges paid to Anovia. So on a $150,000 monthly sale by a shop, Anovia’s charges would be $120-$140 and I would get commission on that. Finally, for all my trouble, I got a $500 Quantas gift voucher from Anovia for generating many leads. That really was nice.

After all this, when I called it quits and asked ACN for my commissions to be paid into my bank account, I was told that the total commission amount needed to cross a certain threshold for them to process the transaction. I didn’t even bother calling them again.

One one of the ‘business meet’ events hosted in another ACN business owner’s house, the VP of marketing was talking about how ACN rescued him from financial ruin. About how he used this last $500 to invest in ACN and vowed never to force his family to “eat rice”. Woah!! He was speaking in a community of people that predominently ate rice as the staple food. After that meeting, many people quit this scam.

Learned a lot for $49 (considering I got $500 voucher from Anovia). Made some good friends too. I let it go.

Supporting links 2021:

Unknown's avatar

Published by Karthik S

I like to think of possibilities and believe in them.

Leave a comment