As we look back at 2017 and all the great enhancements, growth and new partnerships that have happened at BidPoint we knew that this was the perfect time to exponentially grow the advisor base. The great thing is that if you help us do it, you will be handsomely rewarded.
Please take a few minutes and go through this replay of the webinar we did regarding the new “10 Team Challenge” that we are implementing to help everyone grow their businesses.
What an exciting time we had with everyone in Columbus Ohio for our very first live Bidpoint event.
We had people come in from all over the country and the enthusiasm in the room was tremendous.
Below are some videos from our Bidpoint Super Saturday event where you can hear first hand from founders, Mike Healy & Rick Moore as well as from some of our vendors explaining each of Bidpoint’s service offerings.
We hope you enjoy the videos and that they help you get a better understanding of how big the Bidpoint opportunity is.
Welcome message from co founders, Rick Moore & Mike Healy
Bidpoint co founder, Mike Healy sharing the Bidpoint business overview
Hear all the details of Bidpoint’s energy offerings from Avion Energy CEO, Jim Charron
Why we do what we do…
We were excited to have the opportunity to recognize some people in the room who have already submitted and closed deals.
Bidpoint co founder, Mike Healy with closing remarks and future tools
Below are some pics from the event. Click on any image to enlarge and scroll through the gallery.
If you are wondering How the energy submission process works and how to Make The Most Money on Commercial Energy Accounts then you should listen to this fantastic conference call we did with Rick Moore, Bidpoint co-founder & Jim Charron, CEO of Avion Energy.
In the call Rick interviews Jim about all the details on commercial energy account submissions and what you need to know to make the most money.
If you would like to see the video of exactly how this process works, scroll to the bottom of this post.
How the Commercial Customer Process Works for BidPoint Agents
I think you will find this post very informative and easy to understand. You will also see how very lucrative the commercial energy space is.
Before we get started, I want to give a short disclaimer that there are no guarantees of income. The following examples are for training purposes only.
So here’s how the process works…
Electric energy is measured in kilowatts. As a BidPoint agent, you are paid on USAGE not on savings, not on cost. This is great for the customer in the fact that we can give them a true, non biased quote through our patent pending bidding process helping the business choose a best pricing option. The example below will help you measure potential commissions on business energy usage. As an example, 1,000,000 kwh’s would pay you, the agent, approximately $1,250 based on BidPoint’s commission plan to it’s agents.
Based on the example above, below are some examples of what types of energy usage is consumed by different types of businesses. These are just estimates but can give you an idea of what types of businesses to focus on. The great news is that closing even small accounts over a period of time can seriously add up.
For example, based on the commission structure for BidPoint agents above, if you were the originator of the deal that closed the school that was doing 2,000,000 kwh’s per year, you can see from the example below that it would be a great supplement to your income on an annual basis.
Another great example would be if you were the originator of the large church. Based on the examples above, that would pay out approximately $9,100 annually in residual income for that one facility.
And the last example below is obviously a very large account and uses a tremendous amount of energy but it’s still nice to see what types of accounts are in the market and can be bid on. This hospital example uses 40,000,000 kwh’s annually. The commission on that to the person who originated and closed the deal would be approximately $50,000 annually.
So what is the process that BidPoint agents go through to gather, submit and close energy customers? Let me break it down in a few easy steps.
Step #1 is to use our recommended ‘8 second’ question to create curiosity to the customer. Below you can see the question. It’s worked for thousands of people.
Step #2, If the business says yes, is for you to gather a few items. The first thing needed will be copies of their bills. We recommend the last 3 months billing statements so that we have a more consistent average of usage. The other item needed will be an LOA or Letter of Authorization.
Step #3 is submitting the information through your BidPoint back office for a RFP or Request for Pricing to Avion Energy.
Step #4 is really where the magic happens. Avion Energy then uses their patent pending real time bidding portal to utilize their network contracts with the biggest and best energy suppliers nation wide. Those suppliers then have the opportunity to bid against each other for best pricing options for the customer. Once the process is completed, usually in less than 24 hours, Avion energy then presents the bidding results to the business to see if they would like to choose one of the best pricing options.
So as you can see the process is really very simple. It takes some time and energy to gather customers and build a book of business but I’m sure you can see the benefits. Think about the fact that most businesses sign multi year contracts with us and that means residual income for you for years to come.
Could you imagine earning a great supplemental income just for referring a free service to businesses in your community that saved them money on something they HAVE to have?
Hundreds of people from all walks of life all over America are cashing in BIG TIME already and you could be next.
As you may or may not be aware electric and gas energy in many states is being deregulated now. This allows alternative suppliers in energy to sell power to commercial customers in your state as well as in others states that have already been deregulated.
You see, most businesses are being dramatically overcharged and don’t even know it!
As a BidPoint agent we give you the opportunity to help and we pay you handsomely for it.
Here’s how it works…
Most of our agents are just using this 38 word, “8 Second” script to get a copy of the bills from a business… “I don’t know if I could help you or not, but if you’ll give me a copy of last months utility bills, I know a company that will analyze them for free to see if you’re being overcharged.”
Once you have the information gathered from the business, you then login to your BidPoint back office and submit the information to our partner company, Avion Energy. They then use their patent pending bidding portal process to quickly get suppliers to bid against each other to search for better pricing for the business.
If the business chooses one of the better pricing options, YOU GET PAID!
One of the great things about our process is that the business owner gets a real, non-biased, pricing quote since we work for the business, not the supplier and we pay you on the usage not the price.
Below you can see real examples of people, just like you, who are supplementing their incomes with our business model:
Mike a salesman from IL offered our services to his local Park District, they had a price of $.0841per KWh Avion found a price of $.064018 that’s a 23%savings
Jerry an IT employee talked to a restaurant he frequents, his Restaurant had a price of $.156 per KWh Avion found a price of $.1073 that’s a 31%savings
Jim a landscape architect talked to his Church. They had a price of $.7990 per therm Avion found a price of $.6465 Jim was proud to save his church 19%
Tom talked to his local Subway restaurant, they had a price of $ .07984 per KWh Avion found a price of $.0509 that’s a 36%savings
We helped Lincoln Mold & Die with an offer to find best pricing. They were paying $.1100 per KWh – We negotiated a price of $.09609 resulting in a 13%Savings. Based on their historical consumption that should produce a savings of $19,563
Central Park Restaurant had a price of $.0823per KWh Avion found a price of $.06410 that’s a 23%savings
Nancy a business owner talked to her local Edible Arrangements they had a price of $ .09881 per KWh Avion found a price of $.08249 that’s a 17%savings
Kelvin offered Avion’s service to his Church. They had a price of $ .1047per KWh Avion found a price of $.06852 that’s a 35%savings
Martin a sales person approached a local Condo Association they had a price of $ 1.139 per therm. Avion found a price of $.5586 that’s a 51%savings
Jeff a sales guy called on an Auto Body shop, they had a price of $ .0836per KWh Avion found a price of $.064084 that’s a 22%savings
Mary a stay at home mom talked to the local Car Wash had a price of $ .119 per KWh Avion found a price of $.0849 that’s a 29%savings
Omeed a fast food restaurant employee approach a local convenience store, they had a price of $ .1060 per KWh Avion found a price of $.0997 that’s a 6%savings
Bob a construction contractor, approached a resort he was working on, they had a price of $ .12121 per KWh Avion found a price of $.08141 that’s a 33%savings
Marcus a factory worker talked to a Café he visited regularly. They had a price of $.098 per KWh Avion found a price of $.069 that’s a 30%savings
Dennis a school teacher, talked to his local City Government they had 36 accounts with average price of $.1250 Avion Energy negotiated a price of $.09305 providing a savings of 26% Based on Historic consumption that should produce an approximate savings of $58,000
Tim a restaurant owner talked to his supply company, they were paying $.1050 per KWh Avion negotiated a price of $.08533 saving the supply company 19%. Avion also negotiated contract details to provide favorable swing tolerance to accommodate PJP’s move to a new facility later that year.
If you would like to learn more about becoming a BidPoint agent, watch the videos below.
Have you been thinking about the possibilities of becoming an Energy Agent? Perhaps you have been thinking about getting into the deregulated energy market but aren’t sure if this is something you’d like to do.
Today, we’ll share with you 5 reasons to become an Energy Agent with BidPoint, and how you can get your share of this 750 Billion dollar market.
Energy is a MUST Have!
Everyone uses natural gas and electricity…ESPECIALLY Businesses!
If you have any doubts that you can earn a respectable income in the deregulated energy industry, here are 5 reasons you can refer to!
Energy is the ultimate consumable. As you are already aware, everyone uses natural gas & electricity and it is very likely they will continue to do so. Having the ability to earn a passive residual income on something people and businesses won’t do without should be your first clue that this is the ultimate market to be involved in.
Businesses want what you have. How hard is it to convince someone to save money on something they are ALREADY USING? Not very hard, right? Consider the fact that most businesses largest cost of doing business are their utility bills, so the fact that you can help them save on those bills puts you in a position of strength when approaching businesses.
It’s a sale that isn’t complicated. If you have ever sold anything before, like cars, real estate, insurance, pills, potions or lotions etc; you know there is a lot of haggling, questions, and mountains of paperwork usually involved. Our model is simple, ask a business if you can do a free analysis to see if they are being overcharged then get back with them after the supply bidding process finds better pricing and show the business savings…pretty simple, huh?
Ongoing Passive Residual Income. Did you know that you can earn commissions on the business month after month, year after year? Think about that for moment… do a little work today and get paid for years and years. Did you know that most businesses sign up for long term contracts that guarantee your income?
BidPoint gives you flexibility. Most people have busy lives but are interested in other streams of income whether its to help make ends meet, pay for student loans, bring the spouse home, save for retirement and the list goes on… Did you know that most people who are energy agents go about their normal lives but tend to run into business owners all the time? Its easy to ask a business owner our 8 second question, “I don’t know if I can help you or not, but if you’ll give me a copy of your utility bills, I can have them analyzed for free to see if you are being overcharged”. This simple question allows average people from all walks of life help businesses in their communities save on their bottom lines.
There are plenty of ways to make money and this may or may not be for you. Hopefully these 5 Reasons to Become an Energy Agent have given you more confidence to move forward with your interest.
If you’d like to see a little more about how our process at BidPoint works, watch the video below.