Wednesday, July 24, 2013

Recently a jeweler lost a prospect to another company for a lesser sign up fee.
She was devastated. We will all come across this situation, sooner or later.

These companies believe an appealing sign up fee makes It a easier to join.
It does but; “It is a lure and many fall for it.” The new distributor will feel great about their sign fee and not even know the money they just lost.
  It’s no contest to Premier’s 50% earnings share.
And I won’t need to mention Premier’s great 10-10-10 commission’s earning share.

I wanted a great situational example, so I decided to call a colleague and friend.
David Marshall. He and his wife are 7 Diamond Designers from South Carolina.

I asked him; what can be said to build a solid case for our company.
He was brilliant. “Do the math then don’t talk much afterwards.”

“Other” company has a $199 sign up fee and they make 30% earnings.
Premier Designs has a  $395 sign up fee  and  we make   50% earnings.
As an example let’s take annual retail sales of $10,000.00.
At 30%, earn $3000.00, less sign fee of $199 = $2801.00
At 50%, earn $5000.00, less sign fee of $395 = $4605.00

A loss of $1804.00 for her prospect.
By signing somewhere else the prospect lost 18% at the dotted line!
In this example every year she will lose 18% of her income!

Will she be working for HERSELF or for the COMPANY she decided with.

The Premier philosophy; “People Are Our Most Important Asset”;
“Walks the Talk.”
It’s as if we negotiated, in 1985 when Premier was born, to split it with them.
The mindset; “you own your own company” is true.
Similarly when we negotiated at the table of the other company,
they dictated what they will pay us as an employee.

So many companies are luring people in a business for less cost.
But they share less of the profit with their distributors.
Easier sign fee doesn’t mean easier money for the effort.
You have to work at this type of business no matter what company your with.

Premier is a higher quality business arrangement from the start.
Like any product a higher quality product or in this case
our higher quality company costs a little more to obtain.

Quality drives performance of a product or in our case
quality drives a higher earning potential.