Ambit Energy is a provider of natural gas and electricity that works like an MLM company. Are you surprised? I am because of finding that Ambit Energy uses independent consultants in the same way as other multi-marketing companies.
- Ambit Energy is a private company, founded in 2006, Texas.
- Founders: Jere Thompson Jr. and Chris Chambless
- Business model: MLM
- Products: natural gas and electricity
How does Ambit Energy operate?
Ambit Energy provides natural gas and electricity to customers. The company’s growth is constant thanks to excellent service and customer satisfaction.
Ambit Energy achieved one million active customers in 2012.
Ambit Energy tools for success
- The company uses a proprietary BlueNet system that ensures comprehensive account management, the right access to service, and proper billing.
- Ambit Energy company uses Consultants for delivering messages about products and services, and in the same way attracting new customers.
- New customers turn in knowing that they will save money after attracting new referrals o the Ambit Energy.
How can you earn money with Ambit energy?
Usually, Ambit Energy customers become Consultants thanks to the ability to receive free gas and electricity.
However, it happens after you pay a $75 membership fee. It does not sound too much knowing how much utility bills cost, especially during cold winters and hot summers.
Is it a trick?
Yes, it is a legit trick because of the necessity to attract new customers consistently that sooner or later become Consultants too.
Remember, there is no free lunch or dinner.
Steps to financial security
Yes, you can earn money if you follow guidelines and steps to achieve status in the company. Remember, it is an MLM company.
What do you need to start with Ambit Energy?
- Pay $75 membership fee
- Pay $24 monthly website maintenance fee
- Recruit new customers what will bring you and company income
You can watch the explanation video here:
There are a few ways to earn money with Ambit Energy
You earn money or jump-start bonuses during the time frame. You need to gather customers’ points that bring you money.
It is a wordplay, but the essence the same: recruit customers, and you will get money. For example, if you hire five customers during the four weeks, you will get a $100 jump-start bonus. Additional two points add up when you build a website—other one-point ads when you join the company as a customer.
According to the company’s website:
These bonuses pay you for doing two things: gathering Customers and helping others do the same thing.
You can earn to $400 bonus during twelve weeks time frame.
Later on, when you are not a newbie, and you recruit more Customers, you can receive a leadership bonus.
How does it go?
The number of bonuses depends on your rank or level in the company. Remember MLM?
There are five levels of consultants:
- Marketing Consultant
- Regional Consultant
- Senior Consultant
- Executive Consultant
- National Consultant
You need to fit requirements to become one of the Consultants mentioned above. For example, if you do not personally gather a total of pending Customer points and do not develop as Senior Consultant five senior Consultants in your team, you cannot become an Executive Consultant.
Leadership Bonuses can add up together with Team Builder Bonuses.
Customer Residual Bonuses
Depending on which geographical area and the level of the position as the Consultant your customers live, you will get an additional bonus. It does not look too much, such as $0.2o per four recruited customers.
However, if you recruit hundreds of new customers, it adds up to your income.
It is excellent that the Ambit Energy company explores new ways how to use various energy forms to satisfy customers and help the environment.
The company pays an additional amount for every pending or recruited customer. They call customers energized. I guess that it means that they are hooked to this company. What do you think?
As you see, the pennies, but when everything adds up, especially if you are good with attracting new customers, it can be substantial money.
Ambit Energy company works in the same way as other MLM companies. This model lets earn substantial profits to owners and individuals with a high rank on the top, but it leaves most Consultants with few dollars after recruiting new referrals.
MLM business model is a difficult way to earn a living for consultants who need to fight for every new customer to make some money.
- First, you need to be good with keywords if you want to attract customers through your website.
- Second, if you are on a low level but you have a downline, somebody in the upper rank will earn more money from the same recruited customer as you. Do you like that? I don’s because of not considering how much effort takes to invite new people into the company.
- Third, Ambit Energy does not provide free power for customers. Ambit Energy buys electricity and natural gas from infrastructure provides and works as the sales company. How about that?
- Fourth, Consultant earnings are low. It takes plenty of time and effort to find and recruit new customers.
The source:2017 Ambit Energy Busines Presentation.
As you see in this presentation, you need to reach the seventh level to earn $10,000. Can you imagine how many consultants you need to have under you and how many new customers attract to your team?
The company promotes compensation plans as a simple way to financial freedom. However, if one is successful, it does not mean that you will attract new customers. Ambit Energy does not provide free power.
Besides, Ambit Energy does not make you a business owner. You work and earn money for them, and that is left, goes into your pocket.
Additionally, there are complaints from customers who are not happy with the service.
Do I recommend this company as a profitable way to earn a living? No.