November 16, 2016

For business owners who are curious to learn about the distribution method of network marketing, here is a SWOT analysis of the industry.

Strengths:

For decades business owners have noticed that word-of-mouth advertising is one of the most powerful methods of advertising. Companies who distribute their products in network marketing can experience exponential growth because of the viral effect. Everyday people can become distributors for your company and bring the products to their local market. This is based on the philosophy that people are willing to purchase products or services more readily from people they know and trust, rather than from a sales rep.

Compensation is performance-based as there is often a pay grid in place for satisfying certain quotas. Having this kind of pay structure in place reduces the risk for the business owner for if a new distributor does not perform, the financial burden of obtaining the new distributor / associate is minimized. Customers are loyal to both the Independent Distributor representing the company and the products. Products are usually consumable which creates repeat orders therefore increasing sales from one quarter to the next is common.

Weaknesses:

As business owners we will want to cover the weaknesses as part of our SWOT analysis of the Network Marketing industry. The first and obvious weakness is that the growth of the company becomes dependent on the strength of your distributors. This is not completely out of a business owners' control but can be difficult to influence. The compensation is the main motivating factor for distributors. Retention of distributors is a problem right across the industry. As it is easy for a distributor to join a company, it is just as easy to leave. This model of distribution works best for products or services that are consumable. This creates repeat orders which ideally can be set up on a monthly cycle. Works best for products between $ 30 and $ 180 which makes it affordable for customers, and still profitable for the company.

Threads:

Having a look at the Threats portion of our SWOT analysis of the industry, down line raiding can occur at any time. Down lines are referred to as a group of distributors who work and benefit from one another. If a key distributor decides to join another company and bring their team, a portion of sales can be loss. Having incentives and agreements in place is the best way to avoid this situation.

Another threat to the business owner and company is that distributors are free to promote in the field following certain guidelines. These guidelines may not always be followed resulting in possible lawsuits or defamation of the company's brand.

Opportunities:

Expanding into new markets is on top of the list of opportunities as part of our SWOT analysis of network marketing. As people are happy with the products in one market, distributors will be ready to move to expand into a new market. This will also be possible due to the low marketing budget needed …

What could be better than making money while meeting beautiful women?

Answer: Not Much!

Let’s face it, most of us have pretty crappy jobs. Why do we think they’re crappy? Well, salary aside, our jobs are the things that take up the MOST time in our day!

And if you’re single, that’s time that can be put to use meeting gorgeous girls to have fun with.

So if you can somehow “meld” work and play, you’ll not only be able to make rent this month, you’ll also be much, much happier!

Now, you can meet hot women in pretty much any job you can think of, but some jobs are actually better than others when it comes to meeting girls.

The criteria for these jobs are:

1. The job attracts lots of women to it.

2. The job requires you to interact with the women in some way.

3. You’re in a position in the job that makes you attractive to women.

So while I’m sure there are methods for meeting hot girls while flipping burgers at McDonald’s, for the sake of discussion, I’m going to focus on just five jobs which I think are the BEST for meeting super-hot girls, and don’t require a great deal of skill or training to do. (Because let’s face it, being a famous movie star or musician is hands down the best, but that’s usually limited to a select few lucky guys.)

So let’s begin…

Club Promoter: Club promoters are everyone’s “best friend.” They can get you the hook-ups at the hottest clubs, help you jump the line, get you free drinks — the works. So if you are a club promoter, all the girls want to know you!

Luckily, the only requirement for being a club promoter is to get people to show up to clubs. If you talk to the manager of the club and get to know him, you can get all sorts of benefits which make you the “guy to know” for all those hot club chicks.

Unfortunately, club promotion doesn’t pay that well, or at all in some cases, but hey – the perks are great! And you can do it in your spare time if you have another job.

Bartender: Everyone in the bar interacts with the bartender, and the hot girls love to flirt with the bartender as well! Being a bartender not only gives you an opportunity to meet everyone who enters the bar, but it also gives you an excuse to chat with anyone sitting at your station, including the super-hot ladies!

It doesn’t take much skill to be a bartender, but the hours can be brutal, and depending on where you bartend, the income can vary – as can the quality of women! Bartending at a hip nightclub can be much better than that crappy dive bar near your place, but regardless, few bartenders ever go home without at least one number at the end of the night. Not only that – your …

Diamonds are a type of gemstone which is coveted by individuals throughout the world. Whether fixed in a beautiful setting as an engagement ring or comprising a lovely tennis bracelet, diamonds have a look all their own. Although most individuals see this type of gem placed in a setting, there are others who get to see the pure aesthetic value of a diamond alone, without being set in gold, platinum or other types of metal. For those who may own loose diamonds and be unaware of issues surrounding the stone, one may wonder how they can go about keeping this type of gem safe from theft, loss or other casualty. The following will answer the question of whether insurance companies will in fact insure loose unset diamonds and the factors surrounding the acquisition of this type of insurance.

Ability to Insure Loose Unset Diamonds

Many insurance companies will insure jewelry in general however when it comes to loose, unset stones, the number of insurers willing to accept that risk is extremely limited. For those who may be looking for an insurance company to take care of their insurance needs regarding loose diamonds, they may have but one option. That option is the Chubb Insurance Company. Chubb insures specialty items of which loose diamonds is one such type. Therefore, if you are interested in having your loose diamonds protected by an insurance policy, the aforementioned company might be your only option in this regard.

** Update: Chubb Insurance Company does not offer insurance on loose diamonds. They might insure a loose stone for a short period of time while you are waiting to have it set into a piece of jewelry. Always contact your Chubb agent for their professional advice. **

Why Don’t Insurance Companies Like to Insure Loose Diamonds?

When looking at the fact that most insurance companies do not insure loose, unset diamonds, many may wonder why not. There are a few reasons for an insurer’s reluctance to insure an item of this type. First, loose diamonds which are not bound in any type of setting are more likely to get lost or misplaced. Since they are not worn but simply kept, it is much easier to misplace this small type of gemstone than one which is worn as a necklace, earrings, ring or other type of jewelry item.

Another reason why insurance companies prefer to insure only jewelry which is placed in a setting is for the reason that it is expensive to do so. Again, in keeping with the fact that these small, unset stones are more likely to be lost than their set counterparts, paying out the replacement cost for such a diamond will add up as claims come rolling in. Therefore, the more lost diamonds, the more money which insurance companies must pay out. The best way to prevent paying out on the loss incurred by owners of these unset stones is to not insure loose, unset stones at all.

The Best Way to Protect …

I’m often asked by my customers if Sub Zero refrigerators are worth the money. My answer is always the same – maybe. Let me explain…

If you are talking about longevity, overall quality, and food preservation, my answer is always absolutely! And if the price tag fits in your budget, it is a no-brainer to me. I owned one a few years ago and can tell you my strawberries lasted up to two weeks (which was incredible considering my produce department background!); cheese left on a plate (as an experiment) didn’t mold or crust over after a month; and an opened container of ice cream was still fresh after discovering it more than a month and a half later.

Sub Zero claims a family can save as much as $25 a week in food spoilage because of the dual refrigeration system. I always thought that was an exaggerated claim until I owned one and estimated I was saving approximately $10 a week as a bachelor. If you are a Costco shopper and like to buy things like the multi pack of Romaine lettuce and find you can’t make it past two head before they spoil, the more humid compartment Sub Zero provides will give you more time to finish the package of lettuce.

A major advantage of having a dual refrigeration system as Sub Zero has is longevity. The average life of a refrigerator today is approximately 10.5 years. Sub Zero’s average lifecycle is 17 years. (Climate has a contributing factor. In the Pacific Northwest where it is cooler than in the southern U.S., refrigerators don’t have to work as hard because of a lower average temperature. It is not uncommon to find Sub Zero refrigerators lasting beyond 20 years here.) The reason for a longer lifespan is largely due to having two compressors. One cools the refrigerator while the other cools the freezer. Most other refrigerators have a single compressor that is working most all the time. It doesn’t take much imagination to see the dual system lasts longer.

Overall quality is excellent because these refrigerators are still built largely by hand and in the USA. They are a family owned company and take great pride in their product.

So I hear you saying, “Why does Consumer Reports show a higher rate of repair?” Consumer Reports show service history for products under warranty. This is a bit of a disadvantage for companies with a generous warranty such as Sub Zero. Most companies offer a 1 year parts and labor warranty with up to 5 years on parts. Sub Zero offers the industries strongest warranty – 2 full years parts and labor and up to 12 years on the sealed system! The other thing C.R. doesn’t tell you is that a lot of the service calls have to do with improper installation (water / icemaker not working because the installer didn’t turn the water valve on, etc.) or even for something as simple as a broken icemaker. Icemakers are the …