If you have been doing your research on MLM opportunities in deregulated energy, you probably stumbled upon this Spark Energy review. For this Spark Energy review, be aware that the network marketing arm for Spark Energy is Ampegy. Ampegy offers the energy network marketing opportunity.
First a few notes on Spark Energy. SparkEnergy is a retail electricity and natural gas provider based in Houston TX. The company was founded in 1999 by its CEO, W. Keith Maxwell. Mr. Maxwell’s professional background was in the natural gas industry. Spark Energy currently offers retail electricity and/or natural gas to residential and commercial customers in 17 states.
Spark Energy Review: Overview of the Ampegy Network Marketing Opportunity
Ampegy is an energy network marketing company and “affiliate partner” of Spark Energy. In essence, Ampegy is the network marketing “arm” of Spark Energy. Ampegy was launched in February, 2011. Todd Thoman serves as Ampegy’s President. Mr. Thoman was previously the VP of Human Resources and Community Affairs with Spark Energy. In December, 2011 network marketing veteran Darren Jensen joined Ampegy as Chief Sales Officer.
Ampegy provides their independent representatives the opportunity to earn revenue off of their customer’s gas and/or electric supply in 10 states. Ampegy energy signups become customers of Spark Energy (Don’t be confused!).
While energy is the core of the Ampegy business, Ampegy also markets Ampegy “Service Solutions” to customers nationwide. The 3 “service solutions” products are Life Protect (identity theft protection), Home Assurance (provides repair and replacement on appliances and home systems), and Vacation Club (7 night access to resort and condo properties).
How The Ampegy Opportunity is Similar to Others
Ampegy is similar to most of the other fee-based opportunities in the energy sector such as Viridian, Ignite and Ambit and multi-product/service companies such as ACN, Momentis and 5Linx. While Ampegy used to charge reps $399.95 to join, the company recently lowered its new rep fee to $99.95, most likely in an effort to be more competitive now that a leading energy network marketing company offers a no investment opportunity.
Ampegy’s compensation plan was revised in March, 2012. It is a binary compensation plan structured around sales volume and customer points. The plan pays out on the weaker leg with less sales volume. If you continue with your Spark Energy review for the network marketing opportunity, you will want to obtain a copy of the new Ampegy compensation plan.
In evaluating Ampegy or any of the other fee-based programs, keep in mind, that even with a reduced fee to join, Ampegy still has a recruit-to-earn” business model. An obstacle facing fee based network marketing companies is that 85% of the reps won’t even earn back their initial investment, whether they spent $99 or $399 to join. In the energy space, the goal is to build a huge customer base in order to build a meaningful month residual income. This requires a lot of hard working reps and tens/hundreds of thousands of customers.
Spark Energy Review: Ampegy MLM Opportunity Vs. No Investment Opportunity in Energy
You should be aware of a trend to a no investment network marketing opportunity in energy deregulation. The company that pioneered this model for energy, is an energy supplier based in Connecticut. They wanted to create an income opportunity that would open up the energy network marketing opportunity to everyone with absolutely no financial risk.
Rather than creating an opportunity that rewards reps financially for their ability to get other people to pay a fee to join, the company built a network marketing opportunity that is truly viral and experiencing explosive growth. With no fee to join and no monthly fees, there is no financial barrier to entry, which is brilliant since times are hard and there are millions of hard working people looking for an income opportunity who simply can’t afford an upfront investment. Importantly, with no investment, no one can ever “lose their money” in the opportunity or be the catalyst to someone else losing theirs, so there is never any risk to one’s personal or professional reputation.
In addition, because energy deregulation is not yet in effect in all 50 states, the company with the no investment opportunity created the first ever “national” energy product in network marketing that is available in all 50 states. This simplifies the national marketing opportunity for representatives because they can be squarely focused on energy and don’t need to be trying to market all kinds of unrelated products.
The company with the no investment opportunity offers a best in class compensation plan with fast start bonuses, upline overrides, upfront residual incomes and long-term recurring income. If you like the idea of “leverage” and earning significant income from the work of others, you will definitely want to check out the No Investment Energy Opportunity.
I sincerely hope this Spark Energy review, which has included an overview of the Ampegy MLM opportunity, has been helpful to you. In investigating energy network marketing opportunities, I suggest that you explore the whole universe of MLM options in energy deregulation.
To Your Success!
Spark Energy Review