Virtual Profit Sharing
What it is and how it can improve your life.
Please note: Virtual Profit Sharing is new and is currently undergoing trials.
As with all new approaches we expect some teething issues.
If Virtual Profit Sharing interests you please register your details. Those who register will have the opportunity to participate in
Virtual Profit Sharing on a first come, first in basis.
Introduction
If you have one skill and like to assist others, Virtual Profit Sharing can improve your life.
So what is this mysterious skill.
It is the ability to listen.
Have you ever referred someone to a business? We all have. Now is your chance to do what we all do naturally and to be thanked with an ongoing reward for your help.
As you talk to family, friends, contacts and colleagues, all you need
to do is to listen. If you find they need something and Virtual
Profit Sharing partners can provide the product or service, you can make
money now and for many years into the future.
What is Virtual Profit Sharing?
Virtual Profit Sharing is an amazing opportunity enabling you to make some extra money at no cost to you.
Over the years we have found small a group of amazing of business people who are
exceptionally generous. These business people are prepared to reward you with a generous
portion of the profit for any client you introduce to them. Not just
once, but for the life of the relationship with the person you
introduce.
How much are these generous business people prepared to share?
Now when we say generous, we think you'll be blown away with the generosity, as we've not seen anything as generous before.
The amount offered by Virtual Profit Sharing partners will vary depending on what the partner is happy to share as a thank you,
but the amount we believe will always be quite generous.
To show how Virtual Profit Sharing works let's use the example of JustLocal.
The price to lease an advertising lot on JustLocal a postcode page for a twelve month period, is currently $165 a year including GST. As a Virtual Profit Sharing partner JustLocal is happy to
share 12% in the first year, and for future years, will share 6% a year for the life of the customer relationship. The percentage shared excludes GST.
That means you would receive $18 in the first year and $9 for every year the business continues to advertise in the future. The more businesses
you refer to JustLocal the more money you can receive.
I think you'll
agree that is quite generous and it is is just one of the great opportunities Virtual Profit Sharing provides members.
The philosophy behind VPS is if the VPS partner profits, then so does the VPS member. To us if you refer a customer and the business continues to benefit
in the future, we think it is only fair that you benefit too.
How much does it cost to become a Virtual Profit Sharing member?
It doesn't cost a cent to become a Virtual Profit Sharing member.
Yes, that's right. Not a cent.
If you have the ability to listen and enjoy helping others by referring
them to businesses which can help them, you can become a Virtual Profit
Sharing member and be rewarded.
How is Virtual Profit Sharing funded?
We want people to be able to participate in Virtual Profit Sharing with no cost or financial risk to themselves. To do this
partners contribute to the running of the Virtual Profit Sharing service based on the referrals they receive.
Are there any conditions?
Yes. They are however quite straight forward.
- You receive profit share only on purchases by others you refer.
- Payments from partners are to be treated as confidential.
- Your participation is as a hobby.
- All payments are paid to you personally and not to a business
- There is no legally binding agreement between you, partners, or the JustLocal service. All payments are at the discretion of the VPS partner.
- Virtual Profit Sharing partners run separate businesses and referrals to one partner are not related to referrals to another partner.
- We ask you are upfront with others when you refer. Let them know you'll receive a small thank you payment if they purchase.
This won't affect their price, or their desire to purchase, but we feel being open with people we know is the right thing to do.
- Whilst anyone is welcome to become a VPS member, those who don't end up referring, or are receiving thank you payments averaging less
than $10 a month (over a six month period) will have their membership reviewed. Not being active doesn't help anyone and consumes
valuable time and resources.
- We reserve the right to decide who can be and remain a VPS member.
- VPS members need to have a bank account in their name to receive money.
- The minimum profit share payment from a partner is $5 for the month. Smaller amounts may be paid at the discretion of the VPS partner.
- Profit share is paid after one month and two weeks after the end of the month, once all money is clear. Should a refund be required to a customer for whatever
reason, a refund of the profit share will be required.
The above is a general overview of the conditions of Virtual Profit Sharing. We reserve the right to amend conditions as we find unexpected
events occurring.
What businesses can I refer people to?
The following are Virtual Profit Sharing partners who are currently
live. New partners will be added as we find partners who have the generous mindset required by Virtual Profit Sharing.
In order for members to receive credit for a referral, each member will be provided with a unique code and links they can provide
to others. The links can be used in emails, or web sites. However we do ask that you do not represent yourself in some way which may
mislead people.
NOTES:
You must be a VPS member to refer. Any referrals from non VPS members are not valid.
A web site address will be provided to VPS members which they can pass on to others.
If you are thinking of becoming a VPS member, it is a good idea to become a member before you start purchasing from
VPS partners. Once your purchases are assigned to another VPS member they cannot be reassigned.

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Contact
If Virtual Profit Sharing excites you, please feel free to contact us using the contact details below.
Kelvin Eldridge
JustLocal (An Online Connections service.)
PO Box 649
Templestowe 3106
Australia
Further information
Privacy notice: Your details will be treated with respect and not
provided to others. Only JustLocal and the business promoted on this
page will have access to your details and will only use the details for
processing your request and our own marketing. You can opt out of
receiving any marketing information at any time upon request.
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