Whether or not you've ever done sales before will not affect your ambit energy business simply because we offer a service and not product. Everybody has to have natural gas or electricity. We're simply educating folks on the benefits of how they can save money or even get it for free and if you have a desire to share that with others it's going to make sense to plenty of people.
Consultants that want to partner with us in business can do business in just about every state. Now, customers have to be acquired in any of the markets that we do business currently for electricity or natural gas. Regardless of what state you're from you can do business with Ambit energy and simply play the "who do you know" game. Over time you only need to learn how to gather twenty electric or natural gas customers. Just by a few phone calls and asking people who do they know everybody can achieve that goal.
People ask us all the time "is it too late? Is the market already saturated?". Even in texas where we started we still only have three percent market share. My personal opinion with all the construction there's more meters being installed residential and commercial then were actually taking on on a daily basis for customers. So my personal opinion, I don't think we're ever going to catch up and can ever be saturated.
Ambit Energy does plan to expand in the available states starting with the most profitable and also with the most dense populations. Now we do have to get licensed in most states so it can't be federal open up the whole country at one time so it is a state-by-state process You're gonna see Ambit expanding in the near future.
Many people want to know if Ambit Energy makes money from signing up consultants. That statement is actually false. When consultants sign up for the business, that money actually gets triggered out to the field after customers are acquired. The way Ambit Energy grows its revenues is from people paying electric and natural gas bills.
Many individuals want to know if Ambit Energy has plans to ever go public. You know, the reason companies tend to go public is to raise capital and to raise funds. With our investors team and our strength and the run rate we're already a debt-free and profitable company. And our co-founders recognize the strength of our independent consultant sales team because we gather loyal customers they're going to be here into the future and they see does a better return on investment than doing traditional advertising.
Many individuals want to know if Ambit Energy is a member of the Better Business Bureau. The answer to that is yes.
One question often asked "Is Ambit Energy a pyramid?". I think folks are referring to that as being something that's illegal and its absolutely not the case. You know, we're a publicly licensed utility company in all the states that we currently do business in, and we only pay the field commissions once customers are gathered. Just for signing up consultants no money changes hands. In addition to being licensed in all those states we did get recognized as the fastest growing private company in Inc Magazine in their annual rankings of the Inc. five hundred. We are also a member of the Better Business Bureau. I don't think they would allow that to be a pyramid scheme.
As an Ambit Energy consultant, can you get health insurance through our company? We do have a partnership that allows you to get discounted rates. However if you live in the state of New York there's a ruling that does not allow you to participate in that program. If you live in a any other of the forty-nine states, feel free to get some information.
The most important question new consultants can ask is how and when am I going to get paid. Now, Ambit Energy only asks us to do two things, gather loyal customers and help others do the same thing. Now when you are new in the business, we have something called jumpstart bonuses. As you acquire customers within your first twelve weeks those are going to pay out in the form of weekly commissions. Now as consultants also join your organization those are also going to get paid out weekly. Any activity that's done up till Friday is going to get paid out the following Friday. Now the customers that are gathered, that's what pays out our residual income. That's paid out on the fifteenth of every month. Now, traditionally our commissions that we're getting paid on are from the bill payments of the following month.
The frequently asked question is what do I get for my $429 investment. Well, first off you get to own and operate your own business for $429. We have no annual renewal. Initially you're going to get a kit in the mail with some marketing materials that's going to help you get jump started. Now, you do have a suite of websites that are streaming online twenty four hours a day seven days a week to show the opportunity to enroll customers. And you have a software called Power Zone that tracks all your accounting, your customers, and has marking materials already designed for you to help build your business. On the corporate side we also have consultants support you can call in Monday through Saturday to ask questions and help you in your business.
A question often asked is can I will, sell, or transfer my Ambit Energy business. The answer to that is yes.
A question often asked is can a business or corporation partner as an independent consultant or does it have to be in individual. Either/Or. To partner with the company it has to be through a social security number or a tax ID number.
The question often asked is can a husband and wife both be marketing consultants and sign the other spouse up underneath that individual. The answer to that is no. The only way a husband and wife can both be marketing consultants is if they have the same sponsor. Now in our business it's important to get promoted quickly because that's what's going make you more money. By a husband and wife partnering together underneath one consultant ID number that allows them to promote quicker and get paid faster.
Ambit Energy is able to provide discounted rates on electricity and natural gas for a couple reasons. One of which is our supplier is the second largest corporation in the world. We buy wholesale from them. The second reason Ambit Energy is able to keep overhead costs low because they only take commissions once customers are acquired as opposed to the traditional marketing model of spending millions of dollars in different forms of advertising in the hopes of gaining those customers.
To determine whether a bill is residential or commercial the best way is really just to look on the bill. The incumbent providers is going to determine whether that meter is a residential or commercial account.
Does ambit energy offer commercial accounts for electricity and natural gas? At this time we do offer commercial accounts for electricity in Texas and New York only. Now this market is ever-expanding so that definitely will be changing in the future.
The absolute best way to determine if Ambit Energy is offered in a particular service area is take the full address and enroll it through your customer web site. But keep in mind you don't have to submit the whole account, but that will determine if the system recognizes that address or if it does not. Now don't just enroll the zip code because if there's one customer account they can be enrolled within that zip code, it's gonna tell you that the whole service area is open. The best sure way is to just enroll the full address.
Many individuals want to know why Ambit Energy decided to do some marketing campaigns in the Texas market. The reason for that is a lot of companies have scaled back since its become more cost-effective to do some branding awareness. Now when you're out talking to your family and friends, they actually may have seen it or heard of it before giving us more credibility to go gather those customers and consultants. Now if you happen to run into a customer that's already been signed up because of that branding campaign just like you would in normal business you can actually have that customer transfer to your business as long as it's done so within the first twelve months.
Many folks ask, pertaining to the free electricity, if i gather more than fifteen customers does it just take the average of the highest fifteen bill payments. Ambit Energy will actually take the average of all twenty or twenty five customers or however many that you have but it's important that you have fifteen bills paid on time to make sure that you get your credit.
A question often asked is does Ambit Energy require a monthly quota when signing up customers or consultants. As long as your business maintains twenty active customers you'll actually continue to get paid your weekly and monthly commissions for the life of your business. Now if your business is under twenty customer points you do need to enroll at least one customer or consultant every four months to remain active.