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By: Utility Warehouse Utility Warehouse and the Shakeout! boom Will Utility Warehouse succeed in the new boom of Network Marketing in the UK? The ‘Shakeout’ stage that follows the wild and entrepreneurial ‘Growth’ stage when an industry is pioneered. It is the stage when Nokia, Microsoft, Vodafone, Dell, Body Shop and Google became famous. When the extra-ordinary growth and profi ts created extra-ordinary incomes. When owners and company leaders got rich. If an industry has major trends driving it, then it’s the Industry Lifecycle that provides the simple answer to the question - When should I join an industry? Joining an industry in the ‘Birth’ or ‘Growth’ stage has the greatest potential to grow YET there is a 99% chance that the business you joined will fail. The best time to join an industry is in the Shakeout stage [Point X]. The business concept is proven and markets pioneered. This is when the strong companies strengthen their businesses and sales explode. Network Marketing After its ‘Growth Stage’ boom pioneering 100 countries creating £50 billion in sales, Network Marketing/Direct Sales has now fundamentally changed and now entered its Shakeout Stage of Growth. In the past twenty years of its ‘Growth’ stage, every country has been opened, nearly every product and plan concept pioneered. The high ‘Growth Stage’ failure rate has meant that Network Marketing has attracted negative public image. After the recent boom in Network Marketing, some ask whether the growth opportunities are now fi nished. Those who had a negative experience or know others who did not succeed, fi nd it diffi cult to believe the industry could boom again. These people will miss out on a major fi nancial opportunity. The WFDSA chart of global sales in US$ [on right] clearly shows the global boom, industry refocus period and now new boom - 30% global growth in just 3 years. What is does not show is that nearly every country is growing. A signifi cant development is that the growth is lead by the big companies rather than new companies. The major reason for this is believed that the high failure rate of new companies in the Growth Stage means that Network Leaders, the key driver of growth, are only interested in secure successful companies. The new SHAKEOUT boom means that Network Marketing is the ‘Right Place at the Right Time.’ It is the perfect time to join the industry. Our only advice is that you must join a strong company. Utility Warehouse Utility Warehouse has been a pioneer of using Network Marketing to acquire telecoms and utilities customers looking for better value. The company has exploited the opportunities created from the deregulation of these services, proven the power of its business and achieved marketleader status. The company has launched a new growth strategy and success is likely due to: 1. The UK public now accepts that there are many alternative suppliers for telecoms and utilities and signifi cant savings can be achieved without any supply quality issues. 2. There are signifi cant market changes in these product areas which will create confusion in customers. As Utility Warehouse people can educate the customer, they have the most powerful sales and marketing advantage in this market in the UK. 3. High consumer debt and rising costs ensures increasing numbers of people will look for savings on basic spending such as Utility Warehouse’ services 4. Utility Warehouse has proven its ability to create attractive opportunities and its leadership opportunity has created some of the highest paid incomes in the industry, which when based on a stable customer base makes the opportunity uniquely powerful. For the reasons above, LRI believes Utility Warehouse has a competitive and unique market offer. In the UK, Utility Warehouse has not reached 10% of its potential size. LRI is confi dent to predict that Utility Warehouse will be one of the companies to lead the Shakeout boom in the UK. Sales of in excess of £500million are possible within a decade, limited only by the company expansion programme and network leadership. Ludbrook Research International [LRI] is a strategic research company focused on the Direct Sales and hyper-growth industries. Edward Ludbrook is recognised as a world authority on the industry of Network Marketing and Network Leadership, who has sold more than 2 million books and audios in 20 languages. His new industry book - ‘Shakeout!’ FREE online newsletter go to www.ludbrook.com. UK book supplier – www.knowledgeisking.co.uk. LRI or Mr Ludbrook has no fi nancial involvement with Utility Warehouse. The company or its representatives has not paid for or endorsed this independent report. For more information and how to join visit us at:- www.telecomplus.org.uk/ # # # We are a utility company that offers discounts to it's members and also provides business opportunities for whoever is interested within the United Kingdom. End
Page Updated Last on: Apr 06, 2010
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