This section is
designed to help you understand the potential profit you can create by
establishing a dynamic, anti-aging, skin care component within your salon.
To make it simple, we will break it down into two distinct profit centers
called Profit Center 1 and Profit Center 2. They are each
separate profit centers but Profit Center 1 will have a significant
impact on Profit Center 2!
Profit Center 1 –
This is the retail profit you
will make from selling the Synergy WorldWide anti-aging skin care products.
You buy the products at wholesale and sell them at retail. There is a
suggested mark up of 25% in addition to rebates or commissions back from the
company that could range from 8 to 10%. For our discussion we are going to
use the figure of 33%** to calculate profit margin. So, for every $1000
worth of product sold at retail you would net $333 profit between retail
markup and commissions back from the company. Yes, we know that there are
other product lines out there that would give you a higher return on product
sold, but none will create the truly significant money that Profit Center
Profit Center 2
– This profit center creates what we call “walk-a-way income.”
Synergy WorldWide utilizes network marketing for creating a distribution
system for their products. Now, before you stop reading because you have a
preconceived idea about network marketing, we need to make an extremely
important point. As we discussed in the FAQ section, we do not want
to sign up your clients into Synergy WorldWide and network marketing. In
fact, we discourage approaching them about the business opportunity. We
want your clients to come to your salon to enjoy your services and not feel
like they are being hit upon for the latest home-based business opportunity.
So then, who is the
market for this network marketing opportunity? Other salons and salon
owners who could profit by effectively implementing this anti-aging skin
care program from Synergy WorldWide. By sharing your success with other
salon owners, you can help them establish Profit Center 1 into their
operation. This will create a leveraged or residual income stream based on
the dynamics of network marketing and will duplicate in other salons. It
is this model that will produce outstanding income potential that could
equal or exceed your current operation; all done without additional risk and
overhead to your operation.
Now, let’s set the business model for how this
works. Synergy WorldWide utilizes a dual linear mega-match program which
means that there is just a left side and a right side to your organization.
It uses the power of duplication to grow your network. So, after you see
how effectively the Synergy anti-aging products work on your clients, your
business goal is to sponsor two other salons to implement Profit Center 1
into their operation. You teach them, with our help, to duplicate your
success and then effectively share it with other salons to sponsor their
two. Your original 2 effectively share it with others so that they add 4
salons to your organization. Those 4 salons effectively share this system
to add 8 salons. Those 8 salons bring on board 16 and those 16 salons bring
into Synergy another 32. So, as the illustration below shows, by the 5th
level you have a total of 62 salons in your organization that are utilizing
the Synergy anti-aging skin care products.
Synergy pays what they call a Basic Commission
of 8-10% on the side of your organization that has the least amount of
volume. For illustration purposes let’s say that you’re completely balanced
in your growth. Thus, you have 31 salons on your left side and 31 on your
right side. And, let’s say, that the commissionable volume, or what we call
CV, averages 600 at each salon. As the illustration below shows, an 8%
Basic Commission would give you $1,488 for the month. It gets even
better. Because you sponsored the first two salons and helped them
implement the system, Synergy offers what is called a Mega Match.
A Mega Match means that Synergy will
match, dollar for dollar, their Basic Commission and add it to your overall
check. Because they are one level behind you they only have 30 salons in
their organization or 15 on a side. This would result in a Basic
Commission of $720 for each salon. Since you sponsored them, Synergy
would Mega Match these two amounts for a total of $1,440 that would be added
to your Basic Commission of $1,488 to give you a monthly check of $2,928 or
slightly over $35,000 for the year.
Think about that number of $35,000 for the
year. You have no overhead and no employees. Pure profit to you
for starting a process of following a system that every one benefits from.
Wait! It gets even better. Remember at the beginning how we stated that
Profit Center #1 would have a significant impact on Profit Center #2? Let’s
say you utilize some of the methods in the Marketing Strategies
section and you increase your commissionable volume (CV) from 600 to 1000
and that duplicates down through your organization. As the illustration
shows below, your yearly leveraged income would go from $35,000 to over
$58,000 for the year. And, if your organization duplicated just one
more level to add another 64 salons, then your yearly leveraged income would
climb to $120,000.
All from implementing the finest anti-aging skin
care program in the world and sharing it with other salons by following a
simple system. Additionally, you have people and resources that will help
you achieve this business model. And, if your organization continues to
grow because all the other salons owners are looking to achieve the same
results, and if you sponsor more than just 2 salons, think of the impact it
would have on your Basic Commission and number of Mega Matches you would be
compensated for. Plus, if you decided to leave the salon business you
would take this leveraged income stream with you. True “walk-a-way income”
which could also be your retirement program.
The Power of Duplication Combined with a Properly Implemented Anti-Aging
Profit Center in Other Salons!