Stream Energy is one of the largest direct selling companies, it provides different connected life services. Steam energy offers energy, protective, wireless, and home services. Since the founding of the company in 2005, it has consistently ranked among the top 20 direct selling companies. It has made a profound impact on the energy industry with its innovative use of direct selling.
Steam Energy was founded by Pierre Koshakji and Rob Snyder (https://www.dailyforexreport.com/david-faranetta-new-cfo-for-stream-energy/). It initially operated in Texas where it offered energy services. Stream Energy provided energy services after the deregulation of the electricity market. Later, in 2008, the Stream Energy expanded into Georgia. It then expanded into North-East in 2010. By 2015, Stream Energy had grown to provide gas and electric services to seven states. Stream Energy also grew to provide services to Washington D.C. In 2016, Stream Energy expanded its business into the telecommunications industry. It provided mobile phone services called Stream Wireless.
Stream Energy uses different strategies for marketing. Stream Energy emphasizes multi-level marketing. The multi-level marketing policy rewards Stream Energy associates based on performance. Stream Energy associates use the multi-level marketing model to earn commissions. They receive fees by either recruiting fresh new sales associates or after reaching the minimum number of Stream Energy customers required. Business presentations, which are local meetings, are held to promote the idea. The sale associates keep Internet-based sites that they use as web forums to provide information for recruits.
Stream Energy associates usually earn $0.50 to $3 per month for every consumer that they recruit. According to statistics, provided by Stream Energy, 2013 sales associates received a bonus payment of 84.5% of the total number of sales. Their typical yearly earnings were $686.90. Data shows that the average annual gain was $117.12. The payment was to 81.9 % of the associates.