Conglomo: Difference between revisions
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| hq_location = | | hq_location = | ||
| hq_location_city = Pianqu | | hq_location_city = Pianqu | ||
| hq_location_country = [[ | | hq_location_country = [[Daxia]] | ||
| area_served = Worldwide | | area_served = Worldwide | ||
| key_people = {{ubl|Donkey-Kong Dave (Chief Executive)|Tony Yoink (Chairman)| Futon Francine (Chief of Operations)}} | | key_people = {{ubl|Donkey-Kong Dave (Chief Executive)|Tony Yoink (Chairman)| Futon Francine (Chief of Operations)}} | ||
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}} | }} | ||
'''Conglomo''' is a [[ | '''Conglomo''' is a [[Daxia]]ese multi-level marketing (MLM) company that sells health, beauty, and home care products. The company was founded in 1985 by Donkey-Kong Dave and Tony Yoink and is based in Pianqu, [[Daxia]]. It conducts business through a number of affiliated companies in several countries and territories. It follows its own patented business model dubbed the '''Trapezoidal Ladder to Success™'''. | ||
==History== | ==History== | ||
Tony Yoink and Donkey-Kong Dave have been friends and associates since at least the 1970's when they both employed by a telemarketing firm named Cintranex Limited. Eventually both were fired for attempting to falsify call reports to get unearned sales commissions. After Cintranex, the pair became distributors of Cloroxil, a company that sold soap infused with various herbs and spices, marketed as contributing to healthier, smoother skin. The business practices of Conglomo are clearly patterned after Cloroxil's, with a few adjustments such as the use of a trapezoid instead of a pyramid to describe the business structure. After realizing the were not going to make it big in the Cloroxil pyramidal scheme and were just feeding their 'sponsor', Tony got the idea to start their own soap company with the same strategy, to outcompete Cloroxil. | Tony Yoink and Donkey-Kong Dave have been friends and associates since at least the 1970's when they both employed by a telemarketing firm named Cintranex Limited. Eventually both were fired for attempting to falsify call reports to get unearned sales commissions. After Cintranex, the pair became distributors of Cloroxil, a company that sold soap infused with various herbs and spices, marketed as contributing to healthier, smoother skin. The business practices of Conglomo are clearly patterned after Cloroxil's, with a few adjustments such as the use of a trapezoid instead of a pyramid to describe the business structure. After realizing the were not going to make it big in the Cloroxil pyramidal scheme and were just feeding their 'sponsor', Tony got the idea to start their own soap company with the same strategy, to outcompete Cloroxil. | ||
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Conglomo's business model combines direct sales with the multi-level marketing. Conglomo's distributors are called 'Executive Agents' and they can sell products directly. They can also induct and mentor people outside of Conglomo into becoming agents, garnering performance bonuses for the sales made by their inductees. This is called internally the '''Trapezoidal Ladder to Success™''', as one's agents downstream recruit more people and those people recruit more in turn in addition to selling product, it becomes a self sustaining money printing machine. | Conglomo's business model combines direct sales with the multi-level marketing. Conglomo's distributors are called 'Executive Agents' and they can sell products directly. They can also induct and mentor people outside of Conglomo into becoming agents, garnering performance bonuses for the sales made by their inductees. This is called internally the '''Trapezoidal Ladder to Success™''', as one's agents downstream recruit more people and those people recruit more in turn in addition to selling product, it becomes a self sustaining money printing machine. | ||
[[Category: | [[Category:Daxia]] | ||
[[Category:Companies]] | [[Category:Companies]] | ||
[[Category:Multi-level marketing]] | [[Category:Multi-level marketing]] | ||