ACN Inc is private company, founded in 1992, based in Concord, North Carolina, United States, that retail telecommunication services in MLM (multi level marketing).
It started in 1993 under the name of American Communications Network, later altered it to ACN. It is also present in Canada, Europe markets (Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Norway, Portugal, Spain, Switzerland, and United Kingdom), New Zealand and Australia.
ACN world headquarters is located in Concord, North Carolina, before 2008 it was in Farmington Hills, Michigan. ACN is a member of the Direct Selling Associations and an qualified member of the BBB.
Is ACN a pyramid Scam?
In my outlook ACN is not pyramid Scam. First issue is that ACN is a MLM. Many people think that all MLMs are scams. It is not true, MLMs are legally operating businesses. BUT, some people in MLMs may act dishonest and with no morality at all – they will lie to you in your face, suggest fast riches, and suck you into some schemes for making money of you. This is why legal MLM systems have bad reputations.
What is pyramid scheme?
What is pyramid scheme (snow ball scheme, chain scheme)? It is a scheme in which people pay fee to join, and then earn money from fees of those who have joined. Moreover, there is no selling of real products in the structure, sometimes no product at all, sometimes some ‘fake’ products (like 4 motivating books for $1000 etc).
Why ACN is not a pyramid?
It sells real goods (phone services, video phone, Internet access and more).
What it takes to get started in ACN?
Many ACN reps will enroll anyone into the business. Anyone willing to pay $499 is accepted and makes the rep profit. This is one reason why the drop out rate may be estimated to be more than 50% yearly, some people assume that it is 98%.
Can money be made in ACN?
What is the typical income of ACN rep? That is a hard question. Some reps just join and do almost nothing, so their income is zero (and they have big expenses). Some work hard, use gimmicks and recruit lot of new people and earn substantial income.
Why is it tough to estimate income?
Income rules changes. The percentage of phone bills earned by reps changes. The number of customers you must have to earn bonuses from new reps changes.
Do the math!
The income has a few sources: phone/internet bills some other services and new reps.
First source is small Telecom. The market is very competitive (many different providers) and the percentage of revenue is small (less than 2% usually). How many customers must you have to earn $100 monthly, if you get 1% or 2% of their phone bills? Do the math. If you have 40 customers, with 30$ monthly bill each, that sums up to $1200 in bills. 2% of it would be $24. Monthly.
Some may say – but there is also income form downline, from levels below, up to the 7th level. Well, theoretically it is. In practice, sometimes it is not. It is no easy to build structure 7 levels deep and maintain it, especially when drop out rate is high. This income is low but residual (if you keep the downline and not let it vanish due to drop out rate)
Second source is big. It’s your downline. This income is high but not residual.
There are also some Customer Acquisition Bonuses (CABs) – if you are on the level of “Executive Team Trainer or higher” – so you need to rise in the organization first.
To sum up – high recruiting bonuses, small residuals income. The income thus depends on how many reps you recruit.
Expenses: about $499 (may change in time and be different in different countries) fee to join. Annual renewal fee (about $100-$150). Monthly fees – a few dollars. All is about $230 yearly ($499 more in first year). How many customers will you need to break even?
Donald Trump, well known businessman, real estate investor, endorses ACN. ACN was featured on an episode of The Celebrity Apprentice on NBC.
“I’ve come to know Greg, Robert, Tony and Mike, the Co-Founders of ACN, very well. They have built a terrific company and their new ACN Video Phone is amazing. I simply can’t imagine anyone using this video phone and not loving it. I can’t wait to see how our Celebrity Apprentice Teams launch it to the world!”
Stated Donald J. Trump. Donald Trump endorsed ACN in other ways too, have spoken at ACN International trainings, and praised the founders, business model and video phone.
Now,Mr.Trump Started his own MLM Company. The Trump Network. A health and wellness company?
Is ACN a pyramid Scam?
No BUT…What is Being Left Out of the ACN Presentations… In my 6 years of being in the MLM industry, what has and continues to be left out of every presentation is the importance of understanding how you are going to MARKET YOU. When joining ACN you are not simply joining a company, you are becoming a business owner and that requires a completely different mindset!
You have to understand how it is that you are going to set YOURSELF apart as a leader in ACN and market YOU. See, I’ve found that it really doesn’t matter which company you join or for that matter what their product or service is…it is really about you becoming a true business owner. Understanding how to market, manage people, create cash flow and bring in new distributors on a daily basis is the life blood of being in the MLM industry.
One of the greatest ways that I found to learn how to market online using all of these mediums was to learn from those who’d already done it. If you’re new or old to the network marketing game this is a great way for you to be able to get started.
The system I use, created by someone who has made millions in this industry, is truly amazing and you can try it out for ONLY $1…it’s really a no brainer. Try it for 14 days and you’ll be amazed at all the value that’s here