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Wednesday, October 31, 2012

Ambit Energy: chance or Pyramid Scheme?

Ambit Energy has been receiving any complaints in the past few months from individuals who think they were scammed. In this Ambit Energy Scam review, I'll discuss the particulars of these allegations as well as give you an informative overview of the Ambit Energy business opportunity.

A key factor to know is that most of the scam reports about Ambit Energy are advent from individuals who have been consultants with Ambit. This is not uncommon in the network marketing commerce and I will address it in this review.

Energy

If you're considering signing up as an Ambit Energy advisor but want to explore and confirm the business is not a scam then this description is for you. I'll give you the truth about Ambit and also a "secret" marketing strategy that will help you grow a flourishing business.

Ambit Energy: chance or Pyramid Scheme?

So what are the Ambit Energy Scam reports?

I found many scam complaints about Ambit Energy on the internet. Habitancy were complaining about a wide range of issues that I'd like to address at this time.

Henry writes: "Ambit Energy is a faultless scam from top to bottom. I got a lower rate the first month. The 2nd month it doubled. The 3rd month it tripled."

Obviously, Henry was an energy customer of Ambit Energy. He felt like he was taken advantage of by his rate expanding each month. Henry may not have realized he was on a month-to-month plan and was a victim of market fluctuations in energy prices. His complaint was posted online in late 2008 which was at a time that every sell galvanic supplier had to growth their rates due to ultimate volatility in the market. My only advice to anyone thinking about switching their energy supplier to Ambit or anyone else is to read the terms and conditions. It is to your advantage to lock in a fixed rate to hedge against energy price volatility. If this claim is true (which I doubt it is) Ambit is legally allowed to raise rates on month-to-month customers.

Gabriel writes: "A former friend sponsored me as a advisor after promising me wealth and inescapable cash flow residual wage with a minimal of effort. I gave my friend names to perceive Habitancy and sponsor them on my behalf (as he suggested I do) and he insulted them and told them they weren't motivated then they told him they didn't want to join the business."

Gabriel is mad because of the way his sponsor treated him and his friends. This complaint about Ambit Energy being a scam is unmistakably a false claim because it sounds like Gabriel's sponsor is the qoute here. Ambit Energy consultants are independent and Ambit Energy is not held liable for wrong doings of consultants. These types of situations occur in all business types and its unfortunate it happened, any way there is unmistakably no scam on Ambits part here.

Shawn writes: "I did a explore task on Ambit and it seems to be nothing more than an old-fashioned pyramid scheme. It's quite surprising that anyone would ever fall for this, but it's like they say:A fool and their money were lucky to meet in the first place."

First of all, a pyramid task is when you bring on new Habitancy below you to pay for the Habitancy already in. Then, in order for them to make money they have to sponsor new Habitancy below them. A pyramid task is fueled by new Habitancy paying for the Habitancy above them in the pyramid.

The Securities and replacement Commission (Sec) has reported multi-level marketing companies like Ambit legal companies as long as the majority of their wage comes from the sale of a product or aid and not from fees or buy-ins to join the business.

Ambit has a real aid they bring to the market in the form of energy. They currently operate in Texas, New York, Illinois, Pennsylvania and Maryland.

Ambit Energy consultants pay a 9 registration fee which makes them in the business, covers any training costs incurred by the business and includes a welcome kit. Some of the Ambit Energy scam reports I've read speak about how this 9 start-up fee is being used to pay the consultants above. This is facts is not accurate. We will cover the recompense plan in more information later in this article.

Ambit Energy

Ambit Energy Holdings, Llc was created in 2006 in Addison, Texas by co-founders Chris Chambless, Chief Marketing Officer and Jere W. Thompson, Jr., Chief administrative Officer.

Ambit Energy is a sell galvanic supplier (Rep) in the state of Texas, but also markets electricity and/or natural gas in markets that are deregulated in New York, Illinois, Pennsylvania and Maryland.

In 2002, the state of Texas deregulated it's energy market into 3 cut off categories:the power generators, transmission and distribution and retailers. Ambit Energy purchases energy from the energy grid wholesale and sells it sell to the marketplace for a profit. There is nothing new to this business model but some Habitancy have a hard time insight this at first.

Texas has now come to be the model for other states to effect which Ambit is now branching in to. There are plans for more states to deregulate their markets which would allow Ambit to develop into these states and growth their extensive profits.

In 2010, Ambit Energy was named America's "Fastest Growing Company" by the prestigious Inc 500.

Ambit's Energy Service

As previously mentioned, Ambit Energy is a sell supplier of energy currently in 5 states. Their goal in the market place is to contribute ability billing, customer aid and contentious rates.

There should never be a concern about the reliability of the aid as this is handled by the transmission and distribution companies (not Ambit) previously mentioned.

Rates vary based on location and the length of covenant (month-to-month, 6-month, and 12-month). Ambit also provides a "green" product which is 100% renewable energy. Usually, this rate is slightly higher than the other rates.

You can see rates for different aid areas based on zip code on Ambit's website.

Ambit's recompense Plan

There are three original ways to earn an wage as an Ambit Energy consultant:Immediate Income, Leadership wage and Residual Income.

Immediate Income

Ambit knows how prominent it is for consultants to start production money immediately. You can unmistakably earn two types of immediate income:Jump Start and Team constructor Bonuses are designed to bonus new Consultants for taking activity immediately. Ambit pays Jump Start Bonuses when you sign up new energy customers and Team constructor Bonuses when you help your personally sponsored Marketing Consultants do the same. Both bonuses are paid every Friday on acceptable pending or energized energy customers.

Leadership Income

There are five positions within the Ambit Energy recompense plan. As you promote to higher levels you are rewarded for each new advisor who joins your organization. You earn more as you grow your team and are promoted to a higher position. It's prominent to point out that you don't unmistakably earn a bonus for recruiting other consultants. The new consultants must first qualify by signing up 4 customers within their first 30 days of business in order to activate the immediate or leadership bonuses.

Residual Income

The most prominent element in the Ambit Energy recompense plan is the residual income. This is long-term wage generated when customers pay their monthly energy bills. Ambit pays consultants a residual commission for every customer in their organization up to 6 levels. In some instances, you can earn commissions on unlimited levels.

Commission amounts range based on energy consumption and the State but normally fall within $.25-.00 per customer per month.

I personally know consultants in Ambit who have over 15,000 customers on their team. If you use an median residual commission of .25 per customer this is over ,750 a month or 5,000 annually.

My Concern About Ambit Energy

I hope this description helped shed some light on the Ambit Energy Scam allegations and want to be very clear that I Do Not think Ambit is a scam. However, I do have some major concerns that I would like to address at this time.

It may be inescapable by now that in order to make a large number of money as an Ambit Energy advisor you need to be able to do two things: Enroll customers and Recruit consultants.

Although, Ambit provides great sales training and expert websites to help market the business this is not enough to automatically have success. It takes more than just sales skills and good looking websites!

Most Ambit consultants who join are able to enroll a few customers within their first 30 days. They are excited about earning the 0 jump start bonus and may even tell some of their friends and house about the business.

The qoute is looking Habitancy to talk to once you've talked to all of your friends,family members and co-workers etc.

Some have gone so far as to jeopardize the relationships they have with their friends and house just because they won't take "no" for an riposte when attempting to recruit them into the business.

After a few months of struggling they finally give up and quit the business.

The good news...

I struggled, like many in this industry, to enroll customers and recruit others into my business opportunity. I know the frustrations first hand and it destroys your spirit and vision considerable to have success.

The good news is I have found a way colse to this by using extra marketing strategies most Habitancy have no clue even exist!

I teach Habitancy how to Stop chasing their friends, house and even strangers who are not concerned in their business and originate a principles where Habitancy start chasing you.

The marketing doctrine I'm talking about is called Attraction Marketing and it unmistakably works!

Ambit Energy: chance or Pyramid Scheme?

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