Welcome to my Utility Warehouse Partner Services review. Is this a pyramid scheme that you should avoid, or a legit way to make money online?
Here’s what you need to know. This is a Multi-Level Marketing company that relies on its distributors or Partners to spread the word and attract more customers.
According to their landing page, you can earn up to £370 in upfront commissions per customer. Unless you’re a natural-born salesperson it’s NOT going to be as easy as it seems, and you will probably struggle to break even on your investment that’s required to become a Partner.
The Utility Warehouse Partner Services have a structure that rewards people for recruiting others into the online business opportunity and building teams of salespeople. That means that you can easily come across biased reviews that will try and get you to join theirs.
Let me point out that I’m not affiliated with this network marketing (MLM) company in any way, so I won’t be bribing you into joining it by offering you a thousand low-quality bonuses.
Instead, I will give my honest, UNBIASED opinion about this opportunity and the potential income that you can generate by becoming a Partner.
Ready? Let’s get started…
Utility Warehouse Partner Services Review Summary
Product Name: Utility Warehouse Partner Services
Product Owner: Andrew Lindsay
Product Type: Multi-Level Marketing
Product Price: £50 – £100
Overall Score: 40/100
Summary: Even though Utility Warehouse and its Partner Services offer a REAL way for people to make money online, the average person that gets involved with this or any other MLM receives little to no returns for the time and money they’ve invested.
In other words, the odds are stacked against you. This business model is NOT for everyone, and if you’re not experienced at selling stuff then you will probably struggle with earning a decent amount of money with the Utility Warehouse Partner Services.
On the other hand, there is some in-depth training that can help you learn the ropes and become good at promoting the services that are offered inside the company, but it’s not going to be easy.
If you are determined to make this thing work for you, it’s not impossible to start earning money online with them.
However, I think that there are other more suitable alternatives for beginners with no previous experience.
- Utility Warehouse Partner Services Review Summary
- What is Utility Warehouse Partner Services?
- Is Utility Warehouse a Pyramid Scheme?
- Who Created Utility Warehouse?
- What Do You Get as a Utility Warehouse Partner?
- How Much Does The Utility Warehouse Partnership Cost?
- Does The Utility Warehouse Partner Program Have a Refund?
- What I Like About Utility Warehouse Partner Services
- What I Don’t Like About Utility Warehouse Partner Services
- My Recommendation
What is Utility Warehouse Partner Services?
It’s a network marketing company specializing in direct selling and word of mouth. You can’t see Utility Warehouse anywhere on TV or mainstream media. The only way to find out about them is when you get contacted by a distributor.
They leverage the company’s Partner Services to sell energy, insurance, phone, and broadband. Partners can also promote the opportunity to make money online with Utility Warehouse to those that are interested.
Most distributors that are serious about this venture recruit team members into their downline, which is how they increase their own earnings. That’s also the main reason for the continuous growth of the company.
Multi-level marketing companies that rely mostly on their distributors to bring in new clients is not new to the scene.
There are many similar organizations such as My Daily Choice that offer incentives and bonuses as you acquire more customers and other distributors.
Is Utility Warehouse a Pyramid Scheme?
Utility Warehouse has a business model that rewards its Partners for signing people up with any of their numerous packages. It’s not a pyramid scheme because subscribers are paying for a service, rather than enrolling others in exchange for money.
Partners don’t get paid based on their referrals’ sing up fees. They get paid when a referral starts using any of the company’s paid service packages, which means that people are getting something for their money.
By definition, a pyramid scheme is when you get promised monetary rewards or services in exchange for enrolling others.
If there are no goods or services that are being exchanged when sales are made, that’s when you should question the legitimacy of a company or organization.
It’s also the MAIN difference between legal and illegal ventures that are not sustainable. Many people confuse network marketing with pyramid schemes because there are lots of them who hide under the MLM label.
Utility Warehouse and its Partner Services run a legitimate operation that’s designed to help its distributors to recruit clients and other team members.
While there are many incentives to entice you into becoming a distributor, it’s important to remember that their MAIN source of income is through these distributors.
The entire model rewards people based on their performance, which means that if you, as a distributor, can’t sell anything to anyone, you won’t earn any commissions.
Multi-Level Marketing is one of the hardest business models out there, so it shouldn’t be surprising for you to know that the average Partner of Utility Warehouse earns less than £10 a week.
That’s why, if you don’t know how to sell these or any other type of services (online or offline) it’s safe to assume that you won’t generate any REAL money until you learn how to do things the right way.
If you’re a beginner with no selling experience, then you can take a look at this alternative for online passive income generation below.
Who Created Utility Warehouse?
Andrew Lindsay is the CEO of Telecom Plus, which owns Utility Warehouse. He is a former Olympic winner with numerous awards. Backing him up as executive chairman is Charles Wigoder.
Prior to becoming part of Utility Warehouse, he founded People’s Phone in 1988, which was the first digital mobile network in the UK, owning 10% of the market share.
Telecom Plus has many shareholders. Standard Life Aberdeen plc currently owns the biggest slice of the shares, capped at 15%, followed by Charles Widoger, who owns 12% of the shares.
What Do You Get as a Utility Warehouse Partner?
There are many incentives, bonuses, and rewards to motivate people into joining this business opportunity.
By the looks of it, if you can make money for Utility Warehouse as a Partner, you will be able to access the numerous perks that come along with being a distributor.
Here’s a breakdown of everything that you can get inside as a Partner of this multi-level marketing company.
The starter pack is designed to help you get started with your promotions. It includes tools and resources to help you with your recruitment efforts, branded websites that you can manage from day one, and training on how to use them to make money online with Utility Warehouse.
During working hours, you will have access to a dedicated customer service team to help you along the way, CRM, and list building tools.
As a bonus, you can request an experienced distributor to become your personal coach and mentor throughout the start-up period. There’s a fast start bonus that will reward you with £100 if you can acquire 3 gold customers within 30 days of joining as a partner.
With the Utility Warehouse Partner Services, you make money on multiple levels. The first one is through your own personal sales (Personal Residual Income).
When you refer people that are interested in promoting this business, or current customers of Utility Warehouse decide to start their own business with this company, you can earn a percentage of the profits of their sales as long as they are registered under your downline (Group Residual Income).
That’s why if you are serious about earning money with this company, you should leverage their multi-level earning opportunities. You can even get paid when you assist new Partners in generating new clients.
As a distributor of Utility Warehouse, you can get promoted to a Plus Club member once you get 50, 100, 200, 500, or 1,000 active personal customers. The more people that you sign up, the higher your Personal Residual Income will be.
Every active Partner can buy company shares through Utility Warehouse’s Equity Share Option Scheme.
This allows the distributors to buy into the company and obtain a portion of it. There’s not a lot of network marketing companies that have this option.
Quick Income Plan (QUIP)
This plan can increase your overall earnings as you recruit more customers. To qualify for QUIP, you have to sign up Daffi Double Gold customers.
Upon signing up your first qualified customer you earn £250/Month and that number can go as high as £2,100/Month for 6 customers.
If you can convince six people to sign up for all four utility Warehouse service types that are available you can earn a fur figure income for each consecutive month that you retain all customers.
Qualified customers can also increase your Personal Residual Income income by £50 to £300.
For all the serious earners there are even more bonuses like a Distributor Car Plan, which allows you to apply for your own BMW.
You can also earn Activity Points that can help bring down your expenses. If you can recruit an average of one member a week for 5 consecutive years, you can get a company loan of £25K that you can put towards your housing.
As an active Partner, you get holiday incentives, recognition trophies, certificates, and more.
Utility Warehouse CashBack for Partners
As a Partner of Utility Warehouse, you can get more perks on your CashBack card, which allows you to shop at over 2,000 online retailers and get from 1% to 7% cashback with certain retailers.
They have something called the ClubHouse on their website that allows you to explore, and shop directly from the UW platform at all online stores that qualify for the discounts.
You can also download the CashBack wizards, which allows you to take advantage of all discounts on all 2,000 online retailers directly from their own websites
How Much Does The Utility Warehouse Partnership Cost?
If you want to become a Partner of Utility Warehouse, there is a £100 joining fee for non-customers and £50 for current subscribers of the company’s services. It’s cheaper to become a distributor if you are an existing customer.
The fees are on a one-time basis only, and if you decide to become a customer of Utility Warehouse, you can get a £50 refund within 30 days of signing up as a Partner.
Does The Utility Warehouse Partner Program Have a Refund?
Yes, you have the right to ask for a refund on your Utility Warehouse Partnership joining fee for up to 90 days after your purchase. You have about 3 months to try things out as a Partner and see if this is the right thing for you or not.
By the looks of it, there are no special requirements that you need to adhere to for your refund request to be valid. In other words, there are no strings attached to the refund policy.
What I Like About Utility Warehouse Partner Services
1. It’s a Legit Company With Real earnings Potential. When it comes to making money online with the Utility Warehouse Partner Services, you can rest assured that it’s not a scam or a pyramid scheme that’s waiting to crumble. The company was founded in 2002 and is still standing strong.
2. You Get Personal Support. Having a mentor assigned to you is definitely a good thing when you’re starting.
3. You can get a Refund. As long as you’re mindful of the timeframe that you’re given, there shouldn’t be any issues when you ask for a refund.
What I Don’t Like About Utility Warehouse Partner Services
1. It’s Not For Beginners. The only way to earn a decent income from home with the Utility Warehouse Partner Services is if you’re a natural-born salesperson or if you already have some experience with other MLM companies. Even though they try to make this opportunity as appealing as it can be for beginners, I don’t think that it’s suitable for those that have no experience in the field.
2. It Can Seem Easier Than It Actually is. This business model is not an easy one, and their website may leave people with the wrong impression that they can make easy money online with the Utility Warehouse Partner Services, but that’s not true.
3. Most People Are Going To Fail. Multi-Level Marketing has a huge percentage of people that FAIL at becoming profitable, as it is with most online business models.
The Utility Warehouse Partner Services offers a way for people to earn income from home by recruiting new clients for the company and by onboarding other Partners.
The business model is pretty straightforward, but there are a lot of things to consider when deciding if you want to become a distributor.
You should ask yourself, are you good at onboarding and selling stuff to people? If not, are you willing to do whatever it takes to become good at it?
If you answered yes, then maybe you can benefit from this MLM company and its Partnership program.
If you don’t have any prior experience in this industry, and you’re looking for ways to make money online that don’t involve hard-selling and convincing people to buy things, then you should see this cost-effective alternative below.
See how you can bank profits using a simple yet incredibly effective blueprint that most people neglect and lose out on that opportunity forever. Don’t be most people.