Location: London / Midlands / North East / North West / Scotland / South East / South West / Wales / Yorkshire
Target Markets: Retail & FMCG
Business Model: Commission-based / Exclusive region / Recurring commission
Commission: Up to £100 Commission on Refundable Life Insurance +1% Residual income for Apps
Deal Size: £100 - £1000
Sales Type: Field sales (physical meetings)
Refundable / Shop Out to Help Out
Refundables flagship product is the UKs first and only fully refundable life insurance, it costs £25 per month, for 10 years, if the client dies the payout is £10,000 and if they survive the 10 year term they get all their premiums refunded.
We sell the insurance to ‘members’. A member is a consumer that is enrolled in our cashback app – see cashback app explainer video above.
We also have a not for profit, called Shop Out to Help Out, the aim is to lobby the government to provide financial support small independent retailers with less than 10 staff.
We have two products for our Agents to sell.
2. We are looking for territory sales to upsell local High Street Retailers who have already completed our online form. Once that retailer is onboard, you will visit all nearby retailers with the intention of signing them to the programme too. Initially they will be joining our card linked loyalty platform (see video above). The opportunity for the retailer is ‘pay only on performance, marketing’, it is completely risk free to them, if we don’t drive consumers, the retailer has no cost. This process substantially reduces the retailer’s advertising budget as he/she gives a discount upon purchase ensuring a positive cashflow.
The sign-up process is very simple, generally no more than 3 minutes to take the retailers required details. The retailer will offer a cashback amount (between 8.00% and 15.00%) to the customer upon checkout, we provide a detailed monthly invoice showing each customers checkout transactions (we pull the details directly from visa/mastercard/amex) and the cashback is taken from the retailer, monthly, by direct debit. We then supply the cashback to the consumer via the app.
The Sales agent receives a 1% commission on every purchase that the app holder has made and a 1% commission for every signed up retailer’s sales to app holders. A residual income that will just continue to grow.
PLUS a cross selling opportunity for the refundable life cover as described in 1)
We are looking to recruit 100 agents for an immediate start with a view to opportunities to become Regional Managers.
Full training pack supplied with software for signing up. Agents needs to provide their own tablets.
The agents should be self-motivated, hardworking individuals with the ability to visit our High Street retailers face-to-face.
We pay a commission per successful business upsell, we also pay a commission if the agent cross-sells our Refundable Life Insurance.
Up to £100 Commission on Refundable Life Insurance.
1% Residual income on all Retail Sales Apps and Customer Purchase apps.
A 100% cashback of all Life cover premiums paid if the policy holder survives the term of 10 years is a fantastic USP
We would expect good, solid candidates to be earning £30k+