The new AMCO approach

by Johnny Cash on November 11, 2016

The new AMCO approach

Hi everyone,

Many thanks for your patience, as empowr worked to revamp the way that AMCO cash outs are calculated and distributed.

First, for the benefit of our newest members:

What is an AMCO?

An AMCO is an “Accelerated Matured Cash Out”.

When you receive an AMCO, it means that empowr has accelerated the maturity of some of your profits…

… so that you can immediately cash them out or go shopping in the marketplace.

Why do AMCOs exist?

Since empowr is all about improving the lives of its members, when it has extra cash left over at the end of the month, it distributes the cash to its users (called citizens in empowr).

Who gets most of the AMCO cash?

Together, the empowr community decided that AMCOs should go to the members that are contributing the most to the empowr economy.

 

So, what’s new with the AMCO process?

A week ago, I mentioned that the empowr engineers are working on a new approach to distributing AMCOs, so that you are more optimally rewarded for your efforts.

The engineers have now completed their work, and your AMCOs are being distributed in the next 5 hours.

Below, I’d like to give you as much information as possible about what’s new…

… along with some success tips so you can maximize the size of your AMCO cash out next month.

First, some statistics:

A.   The total dollar amount of AMCOs distributed has increased by 200% from last month.

The main driver of this was an increase in empowr revenues, as I reported last week.

B.  The number of distinct people that received an AMCO increased by 400% from last month.

This was accomplished in three (3) ways:

1.  All empowr citizens are now eligible for AMCOs, not just those that have achieved Green Power levels and higher. 

Yes, our very newest members (Orange Power Users) can now also receive AMCOs!

2.    Many people had their October number of Daily Goals considered “Hit” on days where only their listing portion of their Daily Goal was missing or rejected…

… IF they had made sales or had listed products in other days.

Specifically: 

·      Every three (3) sales of $5 or more, were utilized to backfill a missing or rejected listing. 

·      Any extra approved listings you had, were carried forward to fill in for missing or rejected listings.

3.  You were rewarded AMCOs even if you didn’t hit your Daily Goals, if you contributed to the empowr economy and sales in other ways, such as sponsoring and promoting. More on that below.

 

So, should everyone expect a larger AMCO?

We are truly excited about driving up BOTH the number of AMCO recipients as well as the total dollar amount of AMCOs!

However, please keep in mind that this does not necessarily mean that YOU received a higher AMCO this month (than last month). 

Why?

Your AMCO, like everyone else’s, is based on a number of factors, which I will discuss below.

Everyone’s activities and results are not the same as each other’s.

Indeed, even your own personal activities likely change from month to month.

Also, remember that while twice as much money is being shared, it is being distributed to four (4) times the number of recipients, which means that everyone, on average, will receive a smaller AMCO.

That said, many people did receive a much larger AMCO this month than last month, as determined by their activities and results.

AMCOs being distributed to more people means that more people will be happy, leading them to tell their friends to join empowr…

… which, in turn, will bring more items to the empowr marketplace for you to purchase with your empowr earnings….

…. and will also drive up empowr’s revenues…

… which means more funds will be available to distribute to you in the near future.

So, by widening the audience of participants, the empowr economy will expand, meaning what empowr can do for YOU will also expand.

 

So, what else is different?

Until now, you earned your AMCO primarily by hitting your Daily Goals.

The more days in the month that you hit your Daily Goal, the higher your AMCO.

But now, the algorithms have been updated so that you can earn AMCOs from other activities.

Specifically, we wanted to ensure that you were being rewarded for your contributions to the empowr economy that didn’t directly relate to hitting your Daily Goal:

A.   Your AMCO was increased if you successfully sold products…

… regardless of when those products were listed and whether you list things every day or even hit your Daily Goals.

B.   Your AMCO was increased if you successfully sponsored something…

…meaning you successfully resold something that you purchased in the marketplace.

C.   Your AMCO was increased if you successfully promoted something…

… which means you Shared, Liked, Commented or Reposted a marketplace item…

  or, you Bid on something…

… and then someone purchased the item directly from that feed story that went out as a result of your action.

Since it was your sharing action that caused the buyer to notice the item in their feed and purchase it, you effectively acted a “promoter” – and were therefore rewarded.

Note: These marketplace results (A, B and C) pertained to your completed product sales from September, not October.

That means that the AMCOs you will receive going forward are rewards for the Daily Goals you hit in the month that just passed…

…. PLUS your marketplace results from the month before that.

In other words, first empowr rewards you for taking action (activities) in any month…

…. then, it waits 30 days to see how those activities might have turned into results (sales)… 

… and awards you for those results too!

Example 1: 

If you receive an AMCO today, it will be for:

A.  The Daily Goals you hit in October, and

B.   The results (completed product sales) achieved from all your listings, sharing, budding, sponsoring and promoting activities that you did in September.

Example 2:

The AMCO that you may receive around the 7th of next month (December) will be to reward you for Daily Goals hit in November….

… plus the results (completed product sales) achieved from all your listings, sharing, budding, sponsoring and promoting activities that you did in October. 

 

Your Marketplace AMCO Score

Central to the AMCO calculation, is the concept of your Marketplace AMCO Score.

Specifically, there are certain things that you do that will cause the empowr algorithms to value your results more than that of others…

… which means you will be rewarded with larger AMCOs than they will be.

 

Here are 7 tips to increase your Marketplace AMCO Score:

1.  Sell to different people

If many of Joe’s sales are to the same person (or persons) those sales are valued less than if his sales are with different people.

Indeed, many of the people that have been trying to fool the platform in order to get more of the AMCOs, were doing that by falsely buying and selling from each other.

Not only did that severely reduce or eliminate the size of their AMCOs of course, but it also got most of their accounts quietly marked for future deletion.

So, to increase your AMCOs, do your best to sell to, and buy from, as different a group of people as possible, not the same people.

 

2.  Expand your circle of trust

Question:  What’s the best way to get lots of different people buying the things you’re selling, sponsoring and promoting?

Answer:  Increase the number of people visiting your profile, by closing more loops with more people. 

When you close the loop with someone, you motivate them to visit your profile and bid/buy the things you’re selling, sponsoring or promoting.

 

3.  Associate with good, honest people

If someone seems shady or dishonest, have as little communication or transactions with them. Remember, birds of a feather flock together.

When someone shady approaches you to cheat the system or join them in some other nefarious activity, report them quietly and swiftly and earn yourself a quick and separate AMCO cash out – called a VAMCO.

  

4.  Always enter tracking numbers for the things you sell and ship

By providing detailed information about when and how a buyer can expect to receive their purchases from you, not only will the buyer be more inclined to do repeat business with you, but the system also looks at those tracking numbers as further evidence of your legitimacy.

 

5.  Maintain a great seller’s reputation

This one really speaks for itself.  Treat your buyers well, and they will gladly rate their experience with you as GREAT.

 

6.   Never attempt to fool or game the empowr system

Even if you’re just screwing around or your attempt seems harmless to you, unfortunately empowr’s computer servers have little-to-no sense of humor…

… and they, unfortunately, are quick to attempt to quietly punish people that appear to be attempting to fool them.

 

7.  Sell a lot

The higher your quantity of completed sales in any month, the higher your Marketplace AMCO Score.

As you build up your monthly sales, you will notice that the % of those sales made available for AMCO cash out will be growing.

Indeed, your AMCOs can grow to ABOVE 100% of your earnings from selling, sponsoring and promoting.

A number of people will note from the AMCO they receive today, that if they sold, say, $100 in September, the system rewarded them with more than $100 in AMCOs due to their excellent Marketplace AMCO Score, based on the above (1 to 7) criteria.

 

And that’s it!

I hope you had a great month last month…

…. and an even better month in November!

 

Any questions?

We’re here for you.

761 Comments

Padmaja Panchakarla

Awesome post! Thank u

9 months ago
Mila Sorensen

We're happy that you enjoyed the post, Padmaja!

9 months ago
Igor Murov

Thank you! This is very useful information.

9 months ago
Elena Berngardt

Thanks to engineers, developers!
This is very useful information.

9 months ago
Mila Sorensen

Your kind words will be shared! Thanks, Elena.

9 months ago
Lloyd Baltar

Looking forward on these😊. Thanks

9 months ago
Yuriy Baragin

Thanks #empowr you #best

9 months ago
Mila Sorensen

YOU'RE the best, Yuriy :)

9 months ago
Yuriy Baragin

Dear Mila thank you :)

9 months ago
Ford

I love it!

9 months ago
David Darwish

Sounds good!

9 months ago
David Bruyland

Great update. Thanks.

9 months ago
Bob Poster

Thanks JC for this great post! I like to repeat buy from good sellers so this way I know I am gonna get the products I want. So if I buy a lot from the same person that should be okay. I have been buying monthly from the same person as they have products I need and want. Tracking numbers are provided so I am sure this is okay. Thanks again!

9 months ago
Bob Poster

Yeah, I get that AB. Let's say someone is selling a selling an aloe food supplement product that I like. I would buy it monthly. Repeat sales should be counted as good especially if all the tracking is provided. Maybe there should be repeat sales AMCO bonus. Best regards!

9 months ago
Sujata Singh

Thank you. I cleared a lot after reading this post

9 months ago
Russ Toews

Awesome news! Thanks Jonny! I and a lot of other folk are happier today.

9 months ago
June Hinton

That is so great to hear, Russ! Thank you for your support!

9 months ago
Vitaly Egorov

Супер

9 months ago
Rini Ruchiyati

This is Great! Thank you Empowr, so from now I should try to buy things from other people , i've been buying from the same person as he is very good seller and trustworthy. The product from this seller always came on time.
Thank's for this Update. You're the Best .

9 months ago
Roy Manuel

WOW! I am EXCITED!

9 months ago
Yulia Baikov

Thanks a lot for Great information!
I think all citizens Empowr will be happy to hear this!

9 months ago
Swetalana

Thank you for the interesting information.

9 months ago
Sylvie Atisse

Hello dear Johnny,
Thank you so much for describing so well what to do exactly to be eligible for greater AMCO. I'm happy that new members also will be eligible for AMCO. It's a great way for them to be encourage to continue their work on empowr.
Will it be possible in the future that citizens have the possibility to see their detailed AMCO Score? This will surely help to see where we are doing well and where we should improve. Have a nice week end!

9 months ago
Farooq Jan

This is great empowr community thanks empowr team for giving the best .

9 months ago
Jeannette Leduc

Everything is good info except wanting us to provide a tracking number to the buyer that will triple the cost of shipping on small items here in Canada! I have listed several small clothing items that are light and postage is just under $3. But when I asked the cost of a tracking number for the items, I was told it would be $10 to $14 dollars depending on the postal code extra.

So if the item sells for $7 like some have and shipping including packaging is $3 plus I need a tracking code for $12, that is more than doubling the cost for me to ship the item that sold for $7 plus the $3 shipping I listed or I need to charge at least $13 for shipping for the minimum it will cost to ship the item with a tracking number close by but more costly elsewhere in Canada.

It is the cost of tracking on top of shipping charges that made me not list products for several months plus the fact I cannot use the app to do a cash out to recoup funds to cover shipping costs. I cannot afford to subsidize shipping costs of $13 for an item I will just receive $7 for since I am on a fixed income until I can start withdraw profits from Empowr.

Jeannette

9 months ago
Jeannette Leduc

In the past, all shipping was competitive with postal slightly less so I checked out the postal cost only. In the past the cheapest for a tracked letter by a courier was $15 if the post office was closed so I doubt it is less now. I have never heard of flat rate shipping in Canada like is available in the USA.

9 months ago
L Sam

Thanks JC for this nice informative post. Excellent steps taken to improve the moral of the good citizens. Accommodating all power level citizens is a very good and most important step. Thanks JC! Thanks hardworking empowr engineers and other dedicated employees of empowr!

9 months ago
Katherine (nl Citizen)

This is quite a fair distribution though I was been actually excited for my October AMCO since at this moment, many had received my item but OK nevermind let´s wait for another exciting 1st week of December.

I´m a bit curious with regards to the 1st of the seventh criteria. I found out that there are buyers who are faithfully buying items from me. Thinking and I feel thankful that they come back and buy another item. It seems that they trust me as a seller but hope that the algorithms are smart enough to separate the real deal from those who game the system.

To sell a lot is fun, I am quite fit in this field. the only hinders me is the resources (funds) and how I wish that I am there today - a part of the seventh criteria because I needed additional funds, to be honest in order to continue my market listings, contribution, and distribution.

Thanks a lot for the non-stop wonderful updates.

9 months ago
Katherine (nl Citizen)

Thanks for elaborating the criteria 1 AB. It helps ease our mind from wondering from the "WHAT IF"

9 months ago
Enoabasi Okon Akwaha

Hello All

I want to use this medium to express my profound gratitude to all the Empowr engineers and citizens who are working tirelessly to endure that the Empowr mission is archieve in a positive way. Keep on the good.

9 months ago
Richard Burger

This is great to hear but I thought the purpose of the change back in May was to close the circles and build local and I had alot of people going crazy buying items from all parts of the world and I don't know them personally like alot of Orange level from basic to star buying 2 to 5 of each item I came out with. Don't ask me why they was doing that I figured it was people who didn't understand english or didn't look at this as real money and was just playing around and I know most isn't in empowr no more because they deleted there account. Everybody this isn't a game its real money and your going to have to pay for it and your going to make real money you can spend here and out of empowr so please take this very serious and your be here for years to come. Don't be like people from the pass work your business and have fun doing it at the same time.

9 months ago
M Sajjad

Thanks a lot for the non-stop wonderful updates.

9 months ago
Tam Dieu

Thanks for updating! Great info!

9 months ago
Albert Dodd

Thank you so much for all the improvements. And thank you so much for all the updates. I look forward to helping others understand the importance of these updates.

9 months ago
Mila Sorensen

You're welcome, Albert. We love that citizens such as yourself are so eager to help others understand and learn. Thanks for all of your hard work.

9 months ago
Muhammad Arshad Niazi

Awesome, the most clear cut post to understand by all. I am sure no one will go against these rules and used it fairly.
Thanks for AMCO for all citizens.

9 months ago
Mila Sorensen

We're happy to hear that you found the post clear to understand, Muhammad. We hope that others will feel the same way as well! Thanks!

9 months ago
Yah Ben

Very very good information

9 months ago
Khayal Gasimov

Thanks for update . Now waiting for AMCO )

9 months ago
CharlesYan

Love to see the economic benefits advancing to all of the citizens in the empowr economy! Nice work!

9 months ago
Mila Sorensen

Great to hear, CharlesYan! Thank you!

9 months ago
Catherine Sandiford

Thank you to the Empower Team for putting such a detailed explanation of how future AMCOs will be earned and distributed. Great information. The newer Citizens will stop asking if anyone has received a Cash Out yet much sooner, and I agree that this will encourage more of us to share Empowr with more people. Thanks.

9 months ago
Horgan Okon

Excellent Explanations on the points that matters, especially on how a citizen can enO coast. This information are indeed valuable JC, and they are warmly appreciated.

However, I am still very confused about how one will easily detect those involve in shady activities on empowr. I think if such activities are clearly listed out, it will help not just me to knowing the type of citizens that one is not expected to associating with, and those people that we should easily report to earn VAMCO.

Long Live Empowr!
Long Live Citizens!!

- Snr. Comr. Horgan Okon.

9 months ago
Lizyoly Bolivar

Thank you JC for always keeping us informed.

9 months ago
Alexxia

Many thanks to whole Empowr Team!! You are doing great job! :)))
I'm very excited and I can't wait to see how all of this will work in the future! Thank you!!
Best regards,
Alexxia

9 months ago
Julius A.

Thanks for the write-up JC, and kudos to all Empowr engineers. It will be highly appreciated and motivated if AMCO could be giving to all Empowr citizen irrespective of their power level at the moment and NOT the highest power level they have achieved before. Because someone folks were been downgraded by the system due to some reasons that I believe is beyond their control to upgrade their power level. It will be highly appreciated if this can be put into consideration. EMPOWR for life. Thank you.

9 months ago
Michael Burgman

Having clear criteria and the ability of everyone to earn AMCO's will be a definite help in encouraging people to continue with empowr. The quicker people see results from their efforts the more likely they are to stay on empowr. This will also enable those who are sellers see a more immediate return on their selling efforts. Thank you for the changes and the updates!

9 months ago
GO-GO- SCF®

Yes, Thank you so much, i love empowr. This is great information for all citizen. Have a great day.

9 months ago
Mladin Tirb Viorica

Very useful information should be read carefully by everyone,
There are many problems in the marketplace, and we all should address more seriously this section.
Back to my question, if you check, why, my AMCO September has not yet entered into paypal?

9 months ago
Mladin Tirb Viorica

thank you . mean at AMCO September, which was supposed to receive it in October. Best regards.

9 months ago
***Iftikhar ****

I also send cash out request through Bank check in September but I did not received. I don't know what was the reason. So the 65 dollar I got AMCO. It is my October AMCO or September AMCO?

9 months ago
Kouontchou Cedric

Ce sera une grande source de motivation pour les nouveaux membres, c'est une idée géniale. Et ce n'est que normal que les bons vendeurs soient rémunéré pour leurs efforts car ils contribuent beaucoup dans la construction de notre économie. Merci encore JC pour ces posts très enrichissants.

9 months ago
Eddie Weri

Thank you for the post, now it provides more understanding and information we can share with orange power users as well..
However, can you clarify if the highest power level one has ever attained if it is still applicable.
Otherwise it is a marvelous and informative post.
Regards

9 months ago
Williams Ford

Great move in the right direction for the empowr mission and goals. Hat's off to the empowr alpha project team for pushing the envelop of technology to uplift empowr citizens by providing opportunity, hope and influence.

9 months ago
Panagiotis Loumidis

Great news. Wow. I can hardly wait to see what other ways will be there to make our AMCO's even larger.
Empowr rocks!!

9 months ago
June Hinton

It is so great to read of your excitement and support, Panagiotis! Thank you!

9 months ago