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Gas & Electricity

Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

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Page 1: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Gas & Electricity

Page 2: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Energy Industry Stats

500 billion & growing“Greatest Shift of Wealth in Our Lifetime.”  Warren Buffet  Former Chairman of G.E Jack Welch Described energy deregulation as "The next biggest thing since the internet" 

Elon Musk, Co-Founder of PayPal & Founder of Tesla Cars is spending billions in the Energy Space

Page 3: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

LARGEST CONSUMER FOOTPRINT of any Retailer in the Country

Page 4: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Market Potential

140k

500k250k

3.6 million

736k

1.5 million

500k

498k

491k

5.5 million

6.1 million

74 Million Potential Customers18 States

700k

10.5 million

6.3 million

10.7 million

7.9 million

2.9 million

10.7 million

2.5million

Page 5: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Service Territory

Currently Serving 78 Markets

Page 6: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Benefits of Deregulation

• Freedom for customers to choose

• Access to products not offered by utility

• Same quality service customers are used to

• No selling involved…no asking for money

• No change in buying habits – no reselling customer

• Powerful opportunity for IBOs – long-term residual income

Page 7: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Before Acquiring Energy Customers…

• Must be accredited

• NY and OH - must have a badge

• All IBOs can acquire customers in energy states

Page 8: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Doing Business the Right Way

• Customers must place their own orders & must be the account holder - the online order is a binding agreement

• Do not contact XOOM or the Utilities directly with product or compensation questions - refer to ACN Compass or your Storefront

• No door-to-door customer acquisition

Page 9: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

XOOM Energy Product Portfolio

MARKETS •Residential and small business customers

•Variable rate plan with no long-term commitment

•Fixed rate plans with term contracts

•Renewable Energy Options – available in both electricity and natural gas markets

Variety of plans including options not available through the local utility

Page 10: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

ACN in 1993

We used the relationships IBOs have to acquire customers – effective for acquiring & keeping customers

People that we know – “flat tire friends” (urgency & excitement ) & people that we do business with 

“Can you do me a HUGE favor?” 

“I’m working with a Gas and Electric company. I need a few more customers to try my service. It won’t cost you anything. Can I count on you to do me a huge favor and try my service?”

10% - red apple    80% - green apple (questions)     10% - rotten apple 

Learn the commonly asked questions & lean on the favor

LONG DISTANCE PHONE INDUSTRY WARS

Page 11: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Overcoming Objections

• If there is a gas leak, power outage or emergency, will the Utility take care of their customers first and XOOM customers last?

• Will I be switching Utilities?

• I’m afraid my service will be interrupted when I switch suppliers

Page 12: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Make It Simple for the Customer to Do You a Favor

• Provide a copy of their bill or have the local utility phone number handy for customer if bill isn’t available

• Know what information is needed in customer’s area 

• Email address & phone number needed for customer to sign up 

• Customer needs to sign themselves up for service 

• Send all customers thank you notes, birthday cards & ask for referrals

Page 13: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Order ProcessState Page

Page 14: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Order ProcessPlans Page

Page 15: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Order ProcessAccess Through Your Online Storefront

Page 16: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Step 1Customer Information

Page 17: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Step 2Credit Analysis

Page 18: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Step 3EnrollmentSummary

Page 19: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Step 4Confirmation

Page 20: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Complete, Personalized Quote for Larger Business Customers

• Designed to help commercial customers find the best strategy for their individual energy needs

• Targeting businesses who spend between $20K & $200K/year

• Renewable Energy Options

• Lead Program - forward your form; XOOM does the rest

• Multi Location Businesses - Use state specific multi-location forms located in the Back Office

Page 21: Gas & Electricity. Energy Industry Stats 500 billion & growing “Greatest Shift of Wealth in Our Lifetime.” Warren Buffet Former Chairman of G.E Jack Welch

Can add up to hundreds of dollars in annual savings to

you!