Epic Era Malaysia

                                               

 

       
Glen Jensen, former CEO and Co-Founder of Agel Enterprises launches a new MLM company – EPIC, with his partner Al Chua from EcosWay,  a large $500 Million annual revenue Malaysian Direct Selling company.

Brent Jensen is president. It has attracted several Direct Selling legends. Epic is a social enterprise focused on delivering high quality products directly to consumers via a direct-marketing model.

Epic has the knowledge and know-how of a group of veteran operations, marketing, technology, and creative personnel to deliver quality products, programs and tools to help their network of independent distributors realize the primary purpose of Epic: “To build a social community empowering people to live their dreams.”

At Epic, our mission is to unite a global community  of like-minded individuals, and to provide them the
tools, training, and products necessary to improve their lives and the lives of those around them. We
call this mission “Life upgraded”. A portion of this mission is accomplished through the Epic Profit Plan. Utilizing Epic’s powerful combination of products, resources, and leadership will guide you toward achieving your goals and living your dreams. We are dedicated to those who want to experience longer, healthier, and more vibrant lives.

We will provide you with all the resources you need to more fully enjoy your life’s pursuits. Working together, we can build a living legend, touch the lives of millions, and accomplish all our dreams.

 Remember, “The future is an infinite possibility waiting to happen.

The compensation plan will be a binary with 8 ways to earn:

1. RETAIL PROFIT
2. PREFERRED CUSTOMER PROGRAM
3. ENROLL 3 AND YOURS IS FREE
4. FIRST ORDER BONUS
5. FIRST ORDER LEADERSHIP BONUS
6. TEAM CYCLE COMMISSION
7. EPIC MATCHING BONUS
8. LEGEND BONUS POOL

EPIC Ranks

Ecosway launched in 2002 is a rapidly growing international company with headquarters in the prestigious golden triangle of Kuala Lumpur, Malaysia and thousands of Sales Centres located throughout Asia, Australia, UK and US.
The company is a subsidiary of Cosway, Malaysia (founded in 1979), and a member of the Berjaya Group – a top conglomerate in Asia that has companies and investments in several major sectors, such as: 

Property Investment & Development, Hotels & Resorts, Gaming & Lottery, Financial Services, Consumer Marketing, Retailing, Vacation Time-Sharing Travel, Food & Beverage Establishments and Education.

The Berjaya Corporation group of companies' history dates back to 1984 when the Founder, Tan Sri Dato' Seri Vincent Tan Chee Yioun acquired a major controlling stake in Berjaya Industrial Berhad (originally known as Berjaya Kawat Berhad and now known as Reka Pacific Berhad) from the founders, Broken Hill Proprietary Ltd, Australia and National Iron & Steel Mills, Singapore. 

The shareholding change also resulted in a major change in the business, direction and the dynamic growth of a diversified conglomerate under the flagship of Berjaya Corporation Berhad ("BCorp").


Epic Launch Products:

Refer below page for  Epic Profit Plan,

http://pharmacistsharing.blogspot.com/2013/10/epic-profit-plan.html

For update, follow below page,

https://www.facebook.com/pages/Epic-Era-Malaysia-Global/1428923967320013

Cosway Health and Beauty

Cosway is introducing new concept of Cosway Health and Beauty Centre which is an alternative to Cosway Pharmacy Plan. Due to shortage of pharmacist in certain area, member (business owner) still able to open Cosway Health and Beauty Centre while waiting for qualified pharmacist.

Through this new concept, member can open new brand store in a faster way. Let us grab this opportunity to be among the first to operate 1 brand new store. Any enquiry is welcomed.

Cosway Pharmacy Franchise Income

 Business Owner can act as Master Franchisor, You can find as many people to open outlet. 

For example, if you able to sponsor 2 stores with each store generating 10K ev per month ( around RM100K sale), You can earn passive income of  RM7350. The more sale the shop generate each month, the more passive income you able to get.

Cosway Pharmacy Partner Merchant

Thousands of merchants where you can shop and get reward!

1) CARDS MERCHANTS

 shopping anywhere, buy anything and get reward!!!!

eCosway AmBank MasterCard 

eCosway AmIslamic Bank Al-Taslif MasterCard 

Get more from shopping and dining at eCosway Partner Merchants and Cash-In Merchants.

Earn eVolume (eV) or Card Value Points (CVPs) on every purchase you make using your eCosway Credit, Payment and/or Rewards Card.

 

2) Phone Usage

Earn Up To RM150 For Each Introduced Subscriber, Get Free 3G Phone & Free Phone Calls with U Mobile!

Subscribe to any U Mobile Cosway Rate Plans and turn something as fundamental as daily mobile phone usage into an extremely rewarding experience!

1. Earn MONEY when you introduce others who subscribe

Get your friends and those in your network to sign up with U Mobile and earn an incentive of up to RM150 per line . The more people you introduce to subscribe to U Mobile, the more money you will make!

2. Enjoy free calls & SMSs within U Mobile's 018 network

You can enjoy free calls among up to 5 family members who subscribe to U Mobile using your own Cosway Membership Account Number, Business Owner ID or VIP Shopper ID. You can call everyone else in your network and friends for free by having them sign up as a Cosway Member, an eCosway Business Owner or a VIP Shopper and subscribe to U Mobile too!

3. Enjoy special benefits with U Mobile Cosway Rate Plans:

• FREE 3G mobile phone with selected plans
• FREE voice and video calls, sms, mms within the 018 network
• The convenience and benefits of a postpaid plan for as low as RM50 a month - a smart alternative to prepaid packages!
• And more (More details in the brochure and online.)

4 . Benefit from the latest 3G technology :View and chat feature allows you to keep close to your network, friends and family. Great for product demonstrations and video conferences with your members and prospects.

NOTE: You can earn eV and CVPs when you pay for your package subscription and phone usage charges with your eCosway AmBank Credit Card.

 [Dr, Kaizad Heerjee (left), Chief Executive Officer of U Mobile Sdn. Bhd & Mr. Yeap Dein Wah (right), Director of Cosway (M) Sdn. Bhd]

eCosway’s Success Formula

It is important to know eCosway's Success Formula before deciding to join as a business owner (the eCosway pharmacist/store operator). It will be a good reference for those who want to become a store operator of either eCosway Pharmacy/eCosway. However, for the pharmacist, it will be helpful as well because pharmacist will be partnering at least with a store operator if they intend to open a cosway pharmacy store. After all, most information will apply to both the pharmacist and the store operator. 

eCosway’s Success Formula:

Products

When it comes to products and business success, there are two factors that really matter – quality and variety. For over 30 years, eCosway has built alliances with world-renowned raw material and ingredient suppliers, reputable manufacturers and researchers around the world. The result is an ever-growing, wide range of high quality products (literally the “best of the best”) across a broad spectrum of categories including daily consumables that are always in demand and exciting products that create new interest and drive sales.

Ever-Growing Product Range includes:

 

Thousands of Product: http://www.cosway.com.my/main_product.htm

 

 

 

Prices

Most network marketing companies overprice their products. This hinders repeat sales. eCosway prides itself in offering quality products at very competitive prices, resulting in growing sales from new and loyal customers. 

Promotions

eCosway’s innovative Purchase Rewards Programme lets shoppers enjoy low prices and thrills them with various promotions like discounts, new product offers, purchase-with-purchase specials and exciting reward items.

Physical Distribution

You’ve probably heard that the key to business success is ‘location, location, location!’eCosway stores are easily accessible because stores are opened in high-density residential areas, hypermarkets and shopping malls. Unlike most MLM companies that have limited distribution channels, eCosway’s extensive reach and growing presence give shoppers convenient and easy access.

Profit Plan

When you join eCosway as an Independent Business Owner (BO), your goal is to build a network of VIP Shoppers and Business Owners (eCosway’s pharmacist/store keeper) like yourself. The combination of eCosway’s unprecendented global business opportunity and unique, no breakaway Profit Plan allows you to build a fast, lucrative and everlasting income from the continuous and unlimited growth of your global network of consumers and Business Owners. You can even “will” your eCosway business to your heirs, benefiting your children and generations beyond.

Earn or Win - The Choice is Yours!

 eCosway doesn’t stop at offering great products at attractive prices. We also run promotions and an exciting shopper rewards programme. This keeps consumers happy, and keeps your sales rolling in every month.

 

REWARD PROGRAM IN MALAYSIA, SINGAPORE AND BRUNEI

Redemption Points (RPs)

 Everyone who joins eCosway as a Business Owner gets 20 Redemption Points (RPs) that can be used to get up to 20% discount off products of their choice.

One RP is also awarded for every RM50 (SGD/BND25) spent in a single invoice (even if the invoice includes discounted items). You also get RPs with your Special eV Product Set purchases. 

Enjoy up to 20% off the retail price when you purchase using RPs:

Product Category Discount with RPs N 20% T 15%

N or T Category Products

Product with retail price of above RM40 (SGD/BND25) Product with retail price of RM40 (SGD/BND25) For 1 product Use 2 RPs For 1 product Use 1 RP For 2 products Use 3 RPs For any 2 products (with retail price of RM10 (SGD/BND5) or below per product)

Note:

• RPs cannot be used for discounts on P, S, R or H category products.
• eVolume (eV) awarded for products purchased using RPs is 40% of the retail price eV (except for Special RP Sets and Special eV Product Sets).

With this continuous stream of RPs, you can enjoy perpetual discounts on your favourite products. You can also convert your RPs to Card Value Points (CVPs) i.e.
1 RP = 3 CVPs, and use them to participate in our CVP Auction.

 

Redemption Coupons (RCs)

On top of the product discounts you receive, you also get Redemption Coupons (RCs) that can be exchanged for products or used to purchase products at deeply discounted prices. You get 1 RC for every RM 30 purchase based on net value in a single invoice, and extra RCs from monthly total sales as follow:

Total Monthly Purchases	RCs
RM 150	8
Every subsequent RM 100	4

                                                    

Hundreds of Redemption Product:

http://www.cosway.com.my/promotion/redemption/redeem1.htm

eCosway Co-Branded Bank Cards

You are also entitled to apply for an eCosway Co-Branded Bank Card. Every time you change  anything to your eCosway Co-Branded Credit Card or Payment Card, you will chalk up eVolume (eV) and Card Value Points (CVPs).

 

 

Card Value Points (CVPs)

Business Owner get CVPs whenever they use their eCosway Co-Branded Bank Card to pay for anything, anywhere in the world. With CVPs, you can bid for fabulous prizes in the online CVP Auction.

Cosway Pharmacy aims to be biggest retail pharmacy player

                             

KUALA LUMPUR: Cosway (M) Sdn Bhd continues to expand its network in Malaysia with a plan to open 200 Cosway Pharmacy retail stores nationwide in the next one year, thus making it the biggest retail pharmacy player in Malaysia.

To date the company has established 100 pharmacy stores across the country and its goal is to strengthen its network to 1,000 stores within a five-year period.

Cosway is a wholly-owned subsidiary of Berjaya Corp Bhd.

Cosway managing director Al Chuah said on average the company invested close to RM150,000 per store, adding that the cost might vary depending on the conditions.

“The new pharmacy stores will involve incorporation within existing Cosway stores and a private-owned pharmacies as well as a completely new Cosway Pharmacy store,” he said after the launch of the Cosway Pharmacy 100th store yesterday.

For the 100th store, Chuah said it was converted from a local-owned pharmacy and Cosway had invested RM120,000 to renovate it.

On average, a Cosway Pharmacy has the potential to make record sales of between RM80,000 and RM90,000 per month.

                                 

When asked on the company's strategy to compete with other retail pharmacy players, Chuah said one of its strategies was its wide range of products offered.

He said Cosway had more than 2,000 consumer products with an average of about 10 new products introduced per month.

“As part of our strategies to compete with other players, we also have the Berjaya rewards card and at the moment we are collaborating withMaxis to create a medical device to measure the glucose level in our blood system,” Chuah said.

A representative from Cosway said the collaboration would be announced latest by end-March this year.

                          

Cosway Pharmacy has been selected under the ministry's liberalisation of attachment trainings for pharmacist. With the programme, pharmacists who fulfil the attachment under Cosway have a chance to be awarded a free store. The pharmacy store is referred to as a free store, whereby Cosway bears the rental, utilities and also supplies products on consignment.

The company also targets to tap the Philippine market this year.

“Our model to penetrate this market is via direct selling and working with local pharmacy owners by renting spaces to sell our products. We are going to focus on customers that are interested in beauty and health products,” Chuah said.

Source: 

http://biz.thestar.com.my/news/story.asp?file=%2F2013%2F2%2F25%2Fbusiness%2F12755849&sec=business

100th Cosway Pharmacy outlet launched by Health Minister

PETALING JAYA: The Health Ministry is considering providing incentives to encourage the private sector to set up community pharmacies in rural areas.

Health Minister Datuk Seri Liow Tiong Lai said such incentives was necessary to overcome a shortage of pharmacies in rural areas.

"The Ministry views the situation (lack of pharmacies in rural areas) seriously as many such pharmacies are only mushrooming in the city and concentrated in certain regions," he told reporters after opening the 100th Cosway Pharmacy outlet in Damansara, near here, on Sunday.

Liow in his speech text that was read by the Health Ministry's Pharmaceutical services division senior director Datuk Eisah A Rahman, said according to the ministry's statistics, there were 10,006 registered pharmacies and 1,834 community pharmacies throughout the country.

The concentration of community pharmacies is in Selangor (where there are 433 pharmacies), Penang (213), Kuala Lumpur (201) and Johor (157).

Realising the lack of pharmacies in rural areas and the inequitable distribution, the Health Ministry was looking into a zoning system to distribute pharmacies accordingly in urban and rural areas so that the people would not be deprived of such facilities, Liow said.

To ensure an equitable distribution of pharmacies in the country, the ministry and the Malaysian Pharmacy Association had developed the Malaysian Healthcare Providers Mapping Service.

Currently, the ratio of pharmacists to the population in Malaysia is 1:2,947 people and by 2016 it is expected to reach the optimum ratio of 1:2,000 people set by the World Health Organisation. 

Source: Star Online

A Review on Cosway Pharmacy Business Opportunity

Tycoon Tan Sri Vincent Tan Chee Yioun plans to launch a new retail concept which could instantly make him the pharmacy industry’s leader.

The move means that Tan is making yet another bet on the healthcare sector. He is already the second largest shareholder of hospital operator TMC Life Sciences Bhd and stem cell firm Stemlife Bhd.
The gaming and property businessman wants to set up a venture called eCosway Pharmacy, which will incorporate pharmacies within Cosway stores, Berjaya Group’s direct-selling business.

According to sources, this 2-in-1 concept is expected to take off by year-end. It is understood that an existing Cosway store can add a pharmacy within its premises or an existing pharmacy may have a Cosway store. Alternatively, a new branch that incorporates both can also be set up.

Malaysia now has over 2,000 retail pharmacies which include Guardian, Vitacare and CARiNG.



Cosway, a direct-selling company, sells its products via its vast nationwide network. Its products range from health and nutrition to skincare and kitchenware .
Cosway (M) Sdn Bhd, when contacted by Business Times to comment and provide details of this new business model, said: "Cosway regrets that we are unable to comment at this point of time".

However, work on the new venture has started.

There are advertisements placed on job sites including one on the Malaysian Franchise Association which states that eCosway Pharmacy is looking for qualified pharmacists to partner its business owners.

If this works like how a Cosway store functions, it would mean that Cosway will provide rent-free stores, free renovation, free stock-up, free equipment and pay for electricity.

The Malaysian Pharmaceutical Society (MPS) president Datuk Nancy Ho said that it was aware of the business model.

"MPS is conscious about the emergence of this set-up and is finding out more about the scheme to ensure that benchmarking and quality standards of practice are upheld," Ho said.



For Tan, this is not the first pharmacy venture. In January this year, the tycoon, in his personal capacity, bought a minority stake in home-grown CaRiNG Pharmacy. It was reported that this will enable CARiNG Pharmacy to expand faster. A check on CARiNG's website shows that it has about 60 local pharmacies.

It will be interesting to note that should the move take off, it would also benefit the group when dispensing separation takes place.


Updated Information  

(Taken from: http://pharmacistsharing.blogspot.com/)


Comparison Chart for Running Cosway Pharmacy VS Working in Independent Pharmacy/ Opening Own Pharmacy & Starting a Franchise

Working In Independent Pharmacy	Running a Free Cosway Pharmacy
Working for others	Become own boss
Getting salary	Getting salary as well (Rm5k-Rm8K)
No passive income	Passive Income ( Networking)
No profit sharing	Profit sharing up to 50%
Fix working hour	Able to arrange our time
Got EPF	No EPF (But Salary added 12-13%)
Got annual leave	No annual leave (Treat as your own business)
Learn store management skills	Learn Store management skills
Depend on salary hike or bonus which is one –off.	Passive income is unlimited through power of network.
If stop working, no money for us	If able to achieve enough passive income, able to achieve financial freedom
Able to choose outlet location	Able to choose outlet location

Opening own Pharmacy	Running a Free Cosway Pharmacy
High initial investment	No investment required
High cost like marketing/ advertisement	Marketing / advertisement done by company
Building lease or purchase cost	Cosway pays the lease
Branding may not strong	Good branding ( Established since 1979)
May work individually	Work in team ( Back up by Berjaya Corporation under Tan Sri Vincent tan)
Potential customer will be lesser	More potential customer through cosway network nationwide
Riskier	Very low risk
Price of product is less competitive	Price of product is more competitive
May work individually	Work in team ( Back up by Berjaya Corporation under Tan Sri Vincent tan)
No guarantee income	Guarantee income (Rm5k-Rm8K)
Single source of income	Multiple streams of income
Depend on active income	Achieve financial freedom through passive income

Buying a Franchise	Running a Free Cosway Pharmacy
High initial investment	No investment required
Ongoing franchise fees	No fees charged
Building lease or purchase cost	Cosway pays the lease
Limited products or services	Unlimited product range
Buying yourself a job	Create time & financial freedom
Single source of profit	Multiple streams of profit

Above comparison charts are taken from http://pharmacistsharing.blogspot.com/

Contact: Benson Ong ( Cosway Pharmacist) - 0127334511