Vox
From Vox Wiki
Vox is a divisional brand of Vox Telecom Limited. Vox specialises in consumer voice and data solutions.
Vox is a consumer Telco and Network Marketing Channel for consumers and SME’s
The rationale in creating the Vox Network community stems from Vox Telecom's core values of fulfilling a role as the Telecommunications consumer champion, believing the way forward lies in addressing the current situation of exorbitant telecommunication costs, mounting debts and shrinking disposable income in a creative way.
The Vox way is to recruit a network community of SME’s and entrepreneurs to sell Data and Voice Products. Integral to the Business model is to:
! Reward the customer
! Reward resellers
! Reward entrepreneurs who want to build an organisation
! Reward the community by re-distributing a percentage of cash earned to the community from which the proceeds were generated.
Vision
To build a sexy, accessible, charismatic, energetic, dynamic new age consumer Telco servicing over five million customers and stake holders. This will be done in partnership with the Vox Community by ensuring that they share in the rewards and success.
Mission
To build a successful company on the foundation of a fair and transparent business plan that empowers anybody to realise an income that is in accordance with their own needs and financial requirements.
The Business Opportunity
The Vox Network Marketing Channel provides a business opportunity which enables independent Consultants to determine their own working hours, enjoy the flexibility of being self-employed and achieve their personal goals Telecoms are ideally suited to the Network marketing model; the income is recurring, no logistic costs of a physical product and there is little question that communication products are needed by all.
More about Vox
Vox is the direct selling consumer initiative of the Vox Telecom group of Telco companies. Vox sells a wide range of high quality, affordable telecommunications products and services to South Africans through a network of entrepreneurs. Vox is, therefore, a consumer Telco and network marketing channel that offers consumers and small businesses an affordable alternative to traditional operators.
Vox empowers South Africans by giving them the opportunity to not only take control of their telecommunication costs, but also benefit from recommending these services to their friends, family and communities.
Vox gives every member of the Vox Community a stake in both the lucrative Telco sector and in the Vox business.
The deregulation of the South African Telco sector in early 2006 has created an opportunity for new entrants in the voice industry, a formerly protected but highly lucrative market. Capitalising on this window of opportunity, Vox Telecom has launched a consumer initiative geared at empowering South Africans to promote Telco services through their own social networks, and in return offer them the opportunity to become part of the Vox Community, earn residual income and save on their telecommunications costs.
What does the future hold? Vox aims to grow our network to 100 000 subscribers by the end of 2008 and more than 500 000 members by 2010. By leveraging the power of compound growth Vox, through the Vox Community, intends to become the largest reseller of consumer and SME Telco services in South Africa.
Vox Telecom’s timeline:
- 1998
Monthly recurring revenue: R183 000
Businesses: 257
Subscribed consumers: 51
Staff members: 25
- 2000
Monthly recurring revenue: R590 000
Businesses: 833
Subscribed consumers: 917
Staff members: 47
- 2007
Monthly recurring revenue: R115 million
Businesses: 12 500
Subscribed consumers: 63 000
Staff members: 510
