Are you trying to understand what it’ll be like if you become a consultant for Ambit Energy?
You’re in the right place!
Plus, if you read on… I’ll share with you a secret that not many people talk about when it comes to network marketing, that will set you MILES apart from everyone else promoting the same thing as you.
Ambit Energy is a multinational multi-level marketing company that provides electricity and natural gas-related services in the United States and Japan. Previously under the control of the federal government and since operating in deregulated markets, Ambit was founded in 2006 by Jere Thompson and Chris Chambless. The company’s vision is to be among the most trusted and reputed energy providers in the country by offering efficient and cost-effective services to its users. Ambit’s revenues have surpassed the $1 billion mark consistently, and it was recently ranked #16 in the Direct Selling Association’s Global 100 list of 2017. Ambit was also nominated as the fastest-growing private company in 2010 by Inc. magazine business rankings. Ambit’s products are provided with renewable energy certificate services. Ambit is providing its services through a multi-level marketing business model through its independent sales consultants. Ambit is providing its services in 17 states which have been deregulated energy markets for more than a decade now.
Ambit Energy acquires its customers through a network of independent sales consultants who not only use company products and services themselves but also directly deal with new customers to market the company’s services. The business model of Ambit essentially follows the standard MLM structure, and the company is a member of the Direct Selling Association, which regulates and protects the rights of direct selling companies in the USA. Ambit Energy offers one- and two-year contracts for all utilities to its customers on a renewable basis. However, after the completion of a fixed term plan, the attached tariff automatically shifts to variable charging, which has resulted in many lawsuits against Ambit because the variable plans are substantially more expensive. As a result of these lawsuits, Ambit has had to refund many of its customers. Nonetheless, Ambit plans are lucrative, and provide great earning opportunities to its independent sales consultants.
Ambit is providing a range of products to meet the household energy needs of its customers. Ambit customer base has now grown to 1.2 million as a result of trusted services. Following are the major products associated with ambit energy:
- Commercial Services: Ambit offers services to small and medium scale businesses to help them cut their energy expenses. Ambit has commercial and industrial business experts who advise industry leaders and businesses in regulating their systems and processes that are using energy inefficiently and guide them to use energy in a way that reduces energy waste and thus reduces energy bills. Ambit proudly provides competitive rates for these services.
- Ambit Energy and Green-E Energy: These services are not available to all deregulated markets and limited to certain areas. Ambit’s vision and current practices deeply respect the environment and its customers; hence, Ambit highly promotes its green energy initiatives. In keeping with the climate change fight, Ambit heavily markets its eco-friendly energy regimen and eco-friendly energy products.
- Solar Savings: Ambit also offers solar savings services, further keeping with its eco-friendly mission. Ambit maintains a partnership with leading solar energy products such as SunRun and provides solar energy in 6 out of its 17 markets. The company aspires to extend its market of solar energy services. Solar energy is steadily becoming the biggest source of income for Ambit.
- Compensation Structure: Ambit Energy offers very attractive business opportunities to its independent sales consultants due to the rates of the commission and the reputation of its products and services. The products are not only efficient, but are easy to market as you will be helping customers save on their energy bills. Customers also receive free energy incentives if they sell to further customers.
Ambit’s Compensation Plan
Ambit’s compensation plan is as follows:
- Jump Start Bonuses: An independent sales consultant can easily qualify for this type of commission when they get 5 customer points in the first 4 weeks after their enrollment in Ambit. The consultant automatically gets one point when they switch their energy services to Ambit, and two more points when they pay to maintain their customized company website.
- Team Builder Bonus: This bonus is earned when you refer Ambit’s services to other customers and they join your down line enrollments. It is an ongoing commitment that will keep you paid as long as you are bringing in new customers and are also an active customer of Ambit. When any of your down line enrollment qualifies for the first $100 jump start bonus, it also makes you eligible for a commission of $100.
- Leadership Income: This is a ranking based commission opportunity. When a customer signs up for Ambit services, their first rank is Ambit marketing consultant. In order to qualify for the leadership commissions, you need to achieve higher ranks in Ambit. To qualify for each subsequent rank you need to get five customer points.
- Customer Residual Bonuses: This is Ambit’s passive income counterpart and is one of the most useful and easy ways to earn commission. When any of your down line enrolled at any level pays his bill, you get the residual bonus. This goes to unlimited levels in your down line. This is paid every month after the monthly consolidation period.
- Residual Income: This type of bonus resembles Ambit’s residual bonus system. The limit of this system is that unlike company residual bonus where you can earn from bills paid through unlimited levels in your down line, here you can earn commission on bill payments until the 7th level in your down line enrollments. It is paid on all bills under your down line, not only by your own sponsored enrollments.
What Is Great About Ambit Energy?
- Ambit Energy has earned a great reputation and is one of the most popular private energy providers in deregulated parts of the United States.
- The compensation model is simple and the chances of earning residual income are decent due to the strong marketing of Ambit products.
- Ambit is trusted as a market leader in its category.
- Plans are far more economical than other comparable companies.
- The company’s products enjoy a loyal customer base hence customer retention rate is high.
- The subscription cost is minimal.
- The market appeal of Ambit is high and the company has won many awards.
- As the income is commission based, the harder you work to market your products, the greater the financial benefits you will receive.
- Ambit is led by a highly experienced team of leaders.
- Ambit is one of the most trusted MLM companies.
- Ambit provides flexibility in working hours with a lot of support to its reps.
- Well organized training programs for its distributors.
- Ambit has a generous compensation plan.
- No fee for switching.
- Ambit offers a net metering and power payback program.
What’s Not So Great About Ambit Energy?
- Like every other MLM company, its marketing policy is not user-oriented but distributor oriented.
- Ambit has faced legal trouble.
- Expensive Variable tariff.
- Rank-based compensation plan.
- Only limited to deregulated markets.
Ambit Energy is considered one of the most trustworthy direct selling companies in the United States and is one of the leading members of the Direct Selling Association. Ambit’s products are tested by reliable sources and have benefitted numerous consumers in helping them reduce their energy bills. Not only is it helpful to households and industries alike, it also enables its independent sales consultants to earn a healthy living through its compensation plans.
Ambit provides you with a great opportunity to make a fortune by selling its energy products and services. Social media and blog marketing provide you a great opportunity to build an MLM empire, as you can easily search out targeted customers through social media pages on platforms like Facebook and Instagram and then market them the products directly.
Be careful that you don’t spam customers with irrelevant information, though. Tips and tricks on how to run your business without spamming customers can be learned here on how to successfully sell your product.
The Secret to Marketing Ambit Energy the Correct Way
The methodology behind successful MLM marketing has transformed over time. In marketing’s earliest stages, reps and distributors had a limited audience they could engage with, which usually meant they were forced to sell their products only to friends, family, and neighbors. However, with current advancements in technology and the dawn of digital age, marketing trends have shifted from localized to global. Now, your audience is not limited to a particular area or sphere of influence. You can utilize social media, websites, and blogs to market your product the world over. An unlimited marketing territory means unlimited opportunities.
Social media provides representatives with the opportunity to market and address a specific audience or particular interest groups beyond geographical boundaries. Advancements in marketing as a result of the dawn of the internet age have been brought about by the advent of social media platforms like Facebook and Instagram, which have opened up new avenues and new audiences for upselling agents. Additionally, the upselling of products or services through customized blogs and affiliate programs is one of the fastest-growing e-commerce trends. These pages are specially designed to get maximum views and traffic from intended customers. If you are looking for the marketing tools through which you can intensively market your MLM company, check out this book. It will give you guidance on how to effectively sell and attract downline sales who are further interested in the sale of your products. It will also teach you how to automate your sales.
Through the lessons provided by the book, you will learn how to multiply your downline leads, which will become an automatic selling machine for you. It is not as difficult as people believe it to be; you just need to attain the proper knowledge on how to create a proper lead capture page and how to generate traffic, acquire an audience and potential clients on that page, and how to get them to purchase your products and join your downline. The best way to accomplish all of this is through a software called ClickFunnels.
Here is the primary strategy to maximize traffic and get new leads even when you’re not actively working:
- First, you need to create a lead landing page on a software like ClickFunnels. ClickFunnels is highly recommended for making landing pages as it is super easy to use and comes with several ready-to-use templates to work on. You can find some of those templates here.
- Once you’ve created a landing page, you will start getting traffic and earning from your page.
- After you started generating traffic on your landing page, a magnet landing page should be built. This can be done by offering something with a high perceived value that may attract potential customers. This lead magnet will be delivered in exchange for the customer’s contact or email address.
- Finally, share the details of the offer you have been shared with them. Since you have their email address, you can contact them by using any autoresponder software, e.g. GetResponse or AWeber, to remind your client time and again to join your downline and buy your products or services.
Frequently Asked Questions
Before we conclude, here are some FAQs about Ambit Energy:
1. What is the Ambit Energy BBB rating?
2. How long has Ambit Energy been in business?
3. What is Ambit Energy revenue?
4. What does Ambit Energy sell?
Ambit Energy provides electric and natural gas services.
5. What are Ambit Energy’s most popular products?
Ambit’s most popular product is its power payback plan.
6. How much does it cost to join Ambit Energy?
There is an initial start-up payment of $75 and a monthly subscription payment of $24.95.
7. Is Ambit Energy a scam?
No, it’s a legitimate company with proven and beneficial products and services.
8. How many Ambit Energy representatives are there?
More than 100,000.
9. Comparable companies:
Just Energy, Green Mountain Energy.