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In Business Since: October 2008
Comments: Global Verge markets and sells third party products and servicesThe business model is to provide wholesale products through distributors. These products are exclusive to their company and include niche markets like Security, Water, Communications, Travel and the Retail Sector as well as other markets. These are products that people need and use every day.
They also have a communications division which is has relationships that include Buzzoip, Fathom and Buzzirk Mobile. The company uses many different types of communications devices. They offer technology that goes on your PC, your cell phone, virtual and router based. This business model allows individuals and companies to purchase products at wholesale and sell any or all of these products from a retail store, matched with a compensation if you choose to be a distributor.
Global Verge is a group of e-associates that belong to a community with a simple business model and 3 easy ways to participate: 1. Purchase the products and services retail . 2. Join Global Verge and bring other people to the community. 3. Join Global Verge selling products and services through your Global Verge Store.
Advantages: This is a startup and they have made some very interesting and potential powerful relationships with third parties.
Disadvantages: This is a startup so they don't have the long history yet. Just like any startup, they have their hits and misses. Some of their relationships are having difficulties which is normal for a startup.
Entities: Transferable Saleable Willable Structure as Corporation Entity Unknown Unknown Unknown Unknown
Financial Strength: Undetermined
Management: Undetermined
Field Training & Support: Undetermined
Motivational Support: Undetermined
Products/Services:
- Restaurant.com
- Buzzoip
- Next Day PC
- GV Savings Mall
- My GV Travel
- Fanthom Video Conferencing
- Aqua Life
- National ID Recovery
- Pow-R-Save
Check their website for more … http://www.globalverge.com/
Compensation Plan: Plan is based on a 3 x 9 Matrix.
This matrix has not only vertical but horizontal compression as well. 100% of matrix commissions are paid out leaving no breakage. They also have a Global Bonus Pool, Up-Line Retail Commission Earnings as well as up to 50 percent matching bonuses. This company pays out 80% of every dollar they take in. A new associate can begin for as little as $14.95 per month on the intro plan, $39.95 for the basic plan or as much as $99.95 per month on the pro plan. There’s also a small one-time setup fee for each level.
Health Insurance Plan Available: None
Territories: U.S.
Disclaimer and special notes: Please note that the opinions and statements expressed in this report are ours and do not necessarily represent the opinions of others or the company we are reviewing. All information found herein is believed to be accurate at the time of publication, but errors may exist.
Copyright © 2009 Zyzyrgy Group LLC. All Rights Reserved.
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