What is the Shopping Annuity?
Don't panic! We can break this down into something simple.
Finally...a way to economically connect households - it's the new economy!
We’ve gone over shopping annuity for a few articles, so here is the quick version.
An annuity is typically a fixed amount of money or income paid in intervals to someone. Usually, this annuity is paid out for the duration of the person’s life. In addition, this is not something that just happens out of the blue--even if you're a lucky heir to someone else’s planning! That’s right, the annuity is planned out, to be either paid in installments to the individual or a single payment...however the arrangement was set up.
Most people think that annuities can only be given to you if you’re lucky. You know what we mean by lucky. Say, if you’re the heir of a rich relative, or this was planned this out years in advance by some calculations and resources that only a privileged few can get.
This isn't the case any longer.
However, it’s understandable to think that. After all, according to a recent study of the US Social Security Department, for every 100 people who should have reached the age of 65:
- Only 1% are wealthy when they retire
- Only 4% of the population are financially fit when they retire.
- In the meantime, 5% of the population are still working after the age of retirement.
- A whopping 62% of the population struggles financially (AKA flat broke) by the time they retire. It’s not a coincidence that you see more and more elderly people working at Walmart, Home Depot, and McDonald’s.
- ...And 28% are dead by the time they retire (from various things, stress being among them).
It does not have to be this way.
For YouTubers and other social media professionals, the Shopping Annuity produces exponential growth in less time than you can imagine. The Shopping Annuity is not entirely new, but it is revolutionary. It is the revolutionary concept of converting spending into earning,which is at the heart of the business. Individuals who fully leverage this concept have foundtremendous success because they realize the importance of making it a part of their DNA. When you are a product of the product, and you commit to building your Shopping Annuity, you are ensuring your success!
For a more detailed explanation on how it works, we have written a few articles on it before, but one of the best would be here.
So what it comes down to is this:
Everyday items you and others buy, like toilet paper, groceries, tools for your home, toiletries, paper towels, garbage bags, vitamins...these are necessities. And chances are, you’re spending a pretty penny on these items.
Meaning, you’re going to spend on them no matter what.
Imagine then, taking your everyday spending and actually getting money back for it--in other words when you buy, you are investing in your future.
How would you do this? Simply save the trip to the store and buy all your necessities (or as many as you can) from your own Shop.com website! Again, check out this article for a more detailed explanation of the steps and phases.
Then, imagine others, your viewers and subscribers, doing the same thing from your own Shop.com website. This is called duplication, and it’s detailed here. So imagine the 10,000 or more subscribers converting their shopping and buying their everyday items from your Shop.com website. They are all contributing to your Shopping Annuity. For YouTubers and social media professionals, this means having the income stream to continue doing what you love. They have the potential to do the same, and we will get into that later.
But all in all, it’s that simple!
Granted, we know anything new takes time. That’s where we come in. We will be there to guide and train you in your efforts to convert your spending into earning, every step and phase of the way.
