eCosway Review. Is it a scam?

Now, to start our review, I want to congratulate you on finding this article.  It is very wise to do your research before you jump into any business decision.  No matter what entrepreneur you have talked to, they will tell you that they do not just make important choices regarding their business on a whim.  The fact that you found this eCosway review means that you are on your way to becoming a successful entrepreneur.  As you read on in this review you’ll learn about some of the eCosway products as well as many other important key factors of the eCosway business.

eCosway Launched in 2002.

eCosway (launched in 2002) and is a rapidly growing international company with headquarters in the golden triangle of Kuala Lumpur, Malaysia and thousands of Sales Centers located throughout Asia and Australia. eCosway is a subsidiary of eCosway, Malaysia (founded in 1979), and a member of the Berjaya Group, a conglomerate in Asia that has companies and investments in several major sectors, such as: Property Investment & Development, Hotels & Resorts, Gaming & Lottery, Financial Services, Consumer Marketing, Retailing, Vacation Time-Sharing Travel, Food & Beverage Establishments and Education.

eCosway’s business model is balanced by the “5Ps”.

Product – eCosway sell and market a wide range of exclusive, quality products carefully sourced from established manufacturers and researchers from all over the world. They strive to keep abreast of trends and stay ahead of product cycles and come up with new and exciting products to give you the best products and their business owners a competitive edge and sustainable sales.

Price – eCosway prides itself in offering quality products at low and competitive prices, resulting in ever-growing sales from new and loyal customers.

Place – Have you ever heard that the key to business success is “location, location, location”? Then, eCosway stores are easily accessible because they strive to place them in high-density residential areas, supermarkets and shopping malls with heavy foot traffic. eCosway´s extensive reach and growing presence give shoppers convenient and easy access to its amazing product range. eCosway also sells online too.

Promotion – Attractive promotions help drive sales, draw new customers and enhance customer loyalty. Examples include monthly special promotions, monthly new product offers, discount points and an exciting shopper rewards program.

Profit Plan – When you become a business owner of eCosway, they will offer you an unprecedented “no breakaway” profit plan. Each person you bring in becomes part of your branch network. There is no limit on the number of branches or levels in your network. Your branches are never separated from you. There are no geographical boundaries and no limit to the money you can earn. They give you a truly unlimited income potential as your network can grow virtually anywhere in the world.

Is eCosway A Scam?

eCosway gives some of its “capable and “qualified” Independent Business Owners the opportunity to run free stores! They will lease space in a high “foot traffic” location, do the necessary renovations, set up the store, put in all the equipment and all of the products, and then if you are selected, they will let you run it and profit from it absolutely FREE! Instead of buying into a franchise, an eCosway store is risk free and allows you to enjoy multiple streams of income of profit that will continue to come in, even after you walk away!

The fact that this company has been around since early 2002 and continues to grow, goes to show that there is no eCosway scam.  Yes, you’ll probably still hear many eCosway complaints coming from people that have tried the business and had failed.  These people are definitely angry and want to hurt the company.  However, it is neither the company nor the failed Independent Business Owners fault.  The company only knows how to market themselves and the Independent Business Owners has no marketing skills whatsoever.  We will touch on this later in the article.

Lastly, we will look at the eCosway’s

training and support system.

Now, if you look into this at all you’re going find that there really isn’t one.  Not a good one at least.  I mean, yeah there may be webinars you can get on, along with teleconferences, classes, courses, books, manuals, but that is as far as it will go.  And what will they train you on?  What will they teach you on?  Unfortunately, the same old, worn-out warm market techniques will be learned.  Your business prospects will have to “qualify” first in order to open a store, not to mention the online store. Don’t get me wrong, these can work, but only small percentage of people who begin a business actually make any money.  Most Fail! So, in order to make any real money in this industry you must learn how to market your business.  That’s right, the word market!

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