In Business Since: 2008
Comments: Shop To Earn is a new company that has entered the Personal Franchise space that works much like Market America. Both businesses are very similar in that they pay you back a percentage for your purchases. When comparing the percentage back for both, they compare equally. Shop To Earn is creating the economy of the future with their web portal where you can find anything you want or need in a single location.
The company offers several different partnerships that provide products in Health and Nutrition, Cosmetics, Business, Automotive, Apparel, Skin Care and Major Department Stores. The company also has their own line of products for water purification, supplements and green cleaning products. Shop To Earn partners with over 600 stores such as Walmart, Macy's, Big & Tall Factory Direct, Circuit City, Radio Shack Target, Shutterfly, Home Depot, Barnes and Nobel, Best Buy, Sears, and more. They also have smaller stores specializing in holistic alternatives and European travel (Rail Pass). Shop To Earn provides incentives such as an rewards program to customers and distributors for shopping as well as a comparative shopping experience making shopping fun and easy while earning points to redemption.
Advantages: Shop To Earn is joining the concept of shopping on the internet by setting up super malls on the internet. It delivers products to customers through a brokerage distribution system. Its representatives take the products to the customers. It is all about relationships. They are a new startup and you can get involved early on. While servicing the customers, the representatives also collect product-preference data from them. The data include the likes and dislikes of the customers and information on what kind of products each individual customer wants. The company analyzes the data and then locates manufacturers to create personalized products according to preference of the customers.
Shop To Earn also has their own branded Eco friendly products ( TrueGreen) that have a higher profit margin. Green is one of the hot topics.
Shop To Earn has some strong partnerships that Market America doesn’t such as Little Tikes, Pac Sun and Radio Shack.
Not For Profits:
We like this company mainly for Not-For-Profits and schools. Both of these have the ability to use their communities to promote the purchase of the products and services. If price being all equal, wouldn’t you like your purchases to benefit either of them?
For a Not For Profit, the basic business is the same as if you were going into this business as an individual. If the NFP comes in as a Website Owner for $349 they keep all the money they will get from the retailers for shopping through their site. They do not have to put anyone else in. However they will not receive any points from shopping or from businesses or individuals below them. They do keep all the cash from customers shopping on their site. They are not allowed to refer anyone for the $100 training bonuses. If they become Brokers at $448 they must put one person or organization on the left and one on the right. And they might purchase $100 worth of environmental products from Shop to Earth before their 3 month anniversary. They will have 3 months to qualify for referrals and Organic shopping. Then they are qualified forever and keep any profits; $100 each time they put someone in under them and the cash from shopping including the points. Anytime someone else falls underneath them they will continue to get points and points can become additional income. All points then go up the ladder to everyone.
Disadvantages: Market America has many more relationships because they have been around for a much longer period of time and much more momentum.
For some reason the company has made it very difficult to allow the general public to find out details about them, including who started the company, on their main site. I would be very cautious about any company that doesn’t fully disclose their operations with sections such as “Who We Are”, “Our Mission Statement” and “How to Get Started” that lists the costs.
Entities:
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Transferable
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Saleable
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Willable
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Structure as Corporation Entity
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Yes
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Yes
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Yes
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Yes
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Financial Strength: Unknown
Management: Unknown
Online Training & Support: Unknown
Field Training & Support: Unknown
Motivational Support: Unknown
Products/Services: Internet Marketing and brokerage products, as well as home, auto, health, beauty and nutrition products. When you make Shop To Earn your home page, hundreds of shopping websites with their partner stores.
Compensation Plan: Shop to Earn has an interesting pay plan but just like a lot of Personal Franchises, you need to recruit like a champ to make any real long term money. Typically if you recruit 1 new distributor a month you will build a solid organization and create recurring revenue within 24 months. Shop To Earn is a modified binary system. However, as with any plan, you must be willing to talk about the products and organization if you are to succeed.
Shop To Earn has three ways to get paid; retail profit, commission on exclusive products based on volume and a plan based on partner store shopping. Recruiting is done by the team, placing new member in your businesses, thus helping newer distributors getting paid.
Health Insurance Plan Available: Unknown
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