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eCosway is a subsidiary of Cosway Malaysia — one of the top direct selling companies in Malaysia, dealing in a very wide range of consumer products. Since its establishment in 1979, Cosway has a remarkable record of success. Cosway, with a paid-up capital of RM 155 million, is a wholly owned subsidiary of Cosway Corporation Berhad, which is listed on the KLSE. It has a paid-up capital of almost US$90.6 million, with recorded turnover of approximately US$332.5 million for the financial year ending April 30, 2004.
Wisma Cosway in Kuala Lumpur |
eCosway is a very unique network marketing company. Our business strategy is founded on solid market principles and the economic self-interest of three major parties - Suppliers, Shoppers and Business Owners. By bringing these parties together and creating mutually profitable relationships between them, eCosway creates a business model that is strikingly different from other multi-level marketing companies. This model is called Mutual Marketing™.
People who join eCosway as independent Business Owners use word-of-mouth advertising to build a referral network of loyal customers for eCosway's partner suppliers and merchants. eCosway Business Owners "own" their own home-based businesses and earn lucrative residual income from the purchases of everyone in their networks. This income is based on the sales volume ("eVolume" or eV) generated by their networks as calculated according to eCosway’s Profit Plan.
Besides earning an income, eCosway Business Owners also enjoy the benefits of eCosway’s Shopper Rewards Program. As they spend money at merchant establishments, they earn CARD VALUE POINTS (CVPs) which allow them to buy hundreds of popular items at greatly discounted prices and to participate in an exciting luxury auction.
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