Net Savings Link will not go out of business, regardless of the stock price. For one reason it doesn't take much money to keep it going because almost everything is paid for by sales and commissions. No paid salesmen, no advertising, etc. Groupon, and that type of operation, needs significant sales just to pay the advertising, and it takes a lot of expenditures to bring in every person, before they buy one thing. However, second and maybe most important is this. As long as someone is buying something, it makes no sense to close the doors. Commissions come in. Everyone in the food chain benefits, especially those at the top. Today, I registered as an affiliate. You should too by the way. It's free. Now, as an example, if I am able to get a church to become an affiliate, which they get for free without any strings attached, they get 8% of the sales and I get 4%. Net Savings Link gets the lion size portion. As long as the people at that church are buying things, the church, me, and probably the management of NSAV are getting commissions. Would you close up shop if checks were coming in every month? Hell NO! So, this company is here to stay and the numbers of affiliates, as well as revenues and profits will grow. Maybe not as fast as we would like, but they will grow. I would hope very quickly, but it takes time to build a business.
Everyone knows a group of people they could sign up. Even if it is a group of 20 people, as an affiliate, you would get commissions when they buy anything for as long as they are buying stuff from NSL. Eventually, you could have thousands of people feeding you commissions.
When I was young, I worked in a shoe store. I was paid minimum wage plus 2% on sales, and I had to work to get those sales. With Net Savings Link, you just sign up the group and you are done. If someone buys a lot of stuff, you get a hefty commission.
I agree that the calculator is very optimistic regarding the percentage of people who will buy. I knew that. But, if it is only a fraction of what they say it is, it can still be very significant. But think of it this way, people may not buy anything for 11 months, then make a big purchase. As long as they are members, you have them on the hook, and they will probably want to buy something to "get their money's worth". So, maybe the calculator isn't that far off!
I have to call Kris back to ask her some additional questions about being an affiliate, but it seems to be a very exciting way to make money. Nobody has to put up any money, and everyone profits, even the customer by getting a discount on whatever they buy.
This company can last forever on minimal income. Meanwhile the Living Socials, Blissmo's, and Coupon Suzy's will be dying off in droves. I expect Net Savings Link to do a slow rise in profits, affiliates, and sales, but a steady rise none the less.
The stock price is currently ridiculous, but the company isn't going anywhere. Hold the stock and forget about watching it every day. Come back in a year and you will be happy. That's my belief.
This was my last post for the day!! Have a nice evening or weekend.
