Kaching-Kaching Review - Not Another E-Commerce MLM!
Written by Marc Barrett Thursday, 03 March 2011 18:22
I am sure you would agree Kaching-Kaching is an interesting name.I am sure you would agree Kaching-Kaching is an interesting name.
Kaching Kaching makes me think about a cash register totaling up sale after sale.
Well, this is likely the exact response that Robert McNulty (Chief Executive of Kaching-Kaching) wanted you to have when he formed this company.
After leaving Local Ad Link, Mr. McNulty became an officer of Kaching Kaching in early spring 2010 and their current business model was revealed in late 2010.
There are no limits to the type of products being offered within the network marketing industry and there is no limit to the number of do-over's a particular opportunity model may have, which is evident by the Kaching Kaching product offering.
Kaching Kaching is focusing on the e-commerce shopping portal model for their MLM plans, in the hope that prospects will be interested in owning their own shopping site.
Wait, this is not a unique idea!
Can anyone else count or even remember the number of E-commerce MLM businesses that have come and gone in the last 10 years?
And many large MLM companies have an e-commerce division including Amway, NuSkin, Quixtar, Big Planet, and others.
Network marketing is a popular marketing idea where distributors sell products, but the actual question you need to ask yourself is if you can make any money at it? Do you want to bet your financial future on Kaching Kaching by becoming a representative?
Therefore the central Kaching-Kaching business model appears to be interesting.
Once you sign up you will have your own online mall with a lot of name brand stores where you will have the ability to generate profits of 2% to 10% of your customer's purchases based on what type of product they buy.
As well, you will earn commission bonuses from the binary pay plan, which will be based upon the activity fees generated from the people in your downline as you build it out.
In the overall scheme of things you must have a pretty large downline to really capitalize on the commissions on purchases and the only other source of revenue is the monthly fees distributors pay to be affiliated with Kaching Kaching, and those are in the $20 to $99 per month range.
The challenge of the internet mall has always been to try and change a consumer's buying habits and getting them to go to a particular store through an online mall interface rather than just going directly to the store.
Now it appears the way Kaching Kaching plans to do this is to make it a shopper's best interest to go through the mall by getting them to sign up as a "shopper" under your distributorship and in doing so they get their own online mall interface with Kaching-Kaching for free.
So now they are getting a rebate for shopping through their store (they get 50% of the total commission and you get the other 50%).
Not such a bad plan.
I bet you are asking yourself if you should jump head first into Kaching Kaching and begin creating your downline?
Well if you like the e-commerce concept and are excited about the Kaching-Kaching business model then this may be the best MLM for you.
The one thing to keep in mind is most people treat network marketing as a hobby. If you want to succeed in network marketing you need to treat it like a business. You will need a real business plan that includes a marketing initiative that provides you with a consistent flow of leads to power your business month after month.
If you are successful in doing this, Kaching Kacking may become your most beloved phrase.
About the Author:
Marc Barrett is a known top MLM expert. He has served as an advisor to several MLM businesses, & authored many MLM training systems. He has been featured in 4 books on mlm. To get a no nonsense take on the MLM industry go to his blog http://www.AskMarcBarrett.com. For Tips on creating a marketing system see Kaching-Kaching Marketing and obtain MLM Results.


