Every day, we all use electricity to watch television, listen to the radio, light up our homes, heat our homes, etc. No matter if we are home or at work, we always use electricity for some purpose. Wouldn’t it be nice to be able to earn some money back from all these years of paying for electricity usage?
Well, I did some research on a multi-level marketing program called Ambit Energy. So what do you think about this Ambit Energy MLM review? Can you really profit from promoting this program? Continue reading to discover if it is really worth it or not.
Ambit Energy
Ambit Energy provides electricity and natural gas services in several American states. This company is headquartered in Dallas, Texas, and was developed by two men, Jere Thompson and Chris Chambless, in 2006. Additionally, they branched out into Japan and Canada. They have more than a million clients and have made more than $1.2 billion in sales.
Ambit Energy was given a special opportunity by the liberalization of the energy market. By obtaining energy provider licenses in a handful of states so that it can market and sell clients energy plans, the corporation has been positioned to benefit from deregulation.
Are the plans worth the cost?
Plans for energy, gas, and/or solar services are typically 2-year plans. Customers are normally committed to those objectives the entire time. Typically, the programs begin with a price reduction per kilowatt of energy consumed.
Customers are typically pleased with the discounts offered when they initially sign up with Ambit Energy. Nevertheless, customers become furious when their power bills unexpectedly increase without justification or notice, often even before the contract expiration date and sometimes even sooner.
The cost of the different plans differs by state. California, Delaware, Connecticut, Washington, DC, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New York, New Jersey, Rhode Island, Ohio, Pennsylvania, several areas of Texas, and Virginia are now among the states where Ambit Energy plans are accessible. Also, there are plans accessible if you happen to reside in Canada or Japan.
What Is the Ambit Energy MLM Opportunity?
Here is how the opportunity works: Due to the MLM structure of Ambit Energy, you can earn money by offering plans to clients and enlisting their help as consultants. By doing this, you can broaden your network and advance to higher leadership positions.
In your role as a consultant, you will be providing customers with various plan options based on how much energy they use. Most often, plans are either locked in, changeable, or what they call green.
How Much Does It Cost to Join?
There are a couple of costs to consider when joining. First, there is a one-time $75 sign-up fee. Then there is a recurring fee of $24.95 per month for the use of your very own web tools. Additionally, you’ll have access to coaching, support, webinars, and training videos.
Can You Really earn Money with Ambit Energy?
If you get three people to become your customers, you may get your $100 back from your investment. Getting three customers under you may also help reduce your energy costs or even qualify you for free energy.
You can build your downline, grow in the organization, and earn leadership bonuses if you are able to convince a handful of those clients to launch their own businesses. You’ll earn residual revenue from the sales made by the consultants in your downline as your business expands.
What are the advantages and disadvantages of Joining?
| A Fast-Growing Company | Ambit Energy has been a fast-growing company since 2010. |
| Opportunities for Small and Large Companies | Additionally, you can offer electricity programs to both small and large business entities. |
| Simple to Persuade | Everyone consumes power, so it should be simple to persuade people you know to join in on these schemes and save money. |
| Risky Offer | Your service won’t be disrupted during the changeover procedure, according to Ambit Energy’s promise. It seems a little absurd to me to have the assurance that your electrical service won’t be affected during a switchover. When your agreement expires, they really ought to promise that they won’t enroll you in a higher-cost plan by default. |
| Many customers are not content with the service | Numerous complaints that all address the same problem may be found via the Better Business Bureau website if you review the concerns there. Ambit enrolls clients in fixed-price, low-cost plans. The prices increase dramatically after the plan expires. There are numerous claims about being overcharged and scammed. |
| There Were Lawsuits Filed | They have a Guaranteed Savings Plan but also committed fraud, overcharged customers, and falsified savings under the plan. There was a settlement for $26.5 million, though. |
Is Ambit Energy a worthy program to join?
Always remember that MLM company models frequently employ unethical business methods. Ambit Energy’s opportunity is virtually perceived as a benefit to society. You can find out more by going to their website on Google and determining whether Ambit Energy is worth even looking into.
My final thoughts and recommendation about ambit energy MLM
What you should know is that Ambit Energy is absolutely an MLM opportunity. You need to build a team in order to generate residual earnings from your downline’s revenue. That is the main focus of MLMs. Unless you push for an additional clientele yourself, your income will diminish or be completely lost if your team members leave because they can’t convince customers under them to join up or because their clients aren’t happy with a price hike. And once more, you lose money before you actually earn residual income.
I am not saying Ambit Energy is a scam. But after reading about the drawbacks of becoming a member, it made me think twice about joining. So if it was up to me, I would move on to another opportunity.
There are numerous advantages to becoming your own boss. You can choose when to work and when to earn money, and you can design your own timetable. Many people would only dream of being their own boss. However, if you’re really interested in becoming your own boss, look into how I became my own boss as an affiliate marketer by trade. My top suggestion will guide you through the process of starting a business with a website, hosting, round-the-clock support, training, and more.
If you would like to check out more opportunities, you may check out my blogs about Wealth DNA Codes and Remote Customer Service Representative below.
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