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Introduction of Megaholdings

Type: Private.
Industry: Online Website Hosting Product Company.
Founded: Hong Kong in 1999.
Founder: Michael Cheng Tiau Kiat
Website:www.megaholding.hk / www.megaholdings.org
Corporate Membership: Since 2005, proud Corporate Member of MLMIA, USA. (https://www.mlmia.com/corporate-directory)

Contents:

• History • Vision • Products
• Mega Business Model • Compensation Plan
• Country Agencies • Corporate Membership
• Dollar-for-Dollar Project

History:

The pioneering spirit of Michael Cheng, founder of Mega, a successful Malaysian entrepreneur and businessman extraordinary began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting products. This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world. The catchy slogan of ‘Mega changes the way people network. You change the way they live!’ soon caught on with the direct marketing communities in Hong Kong, Malaysia, the Philippines, Singapore, Indonesia, Thailand, India and other countries in Asia. Our operations expanded from Asia to Turkey, Germany,Afghanistan and the rest of the 28 European Union countries and elsewhere worldwide.

Milestones in Ecommerce Business Operations

• 1999 - Commenced online ecommerce business selling websites and hosting products in Hong Kong.
• 2001 – Incorporated in Nevada, USA.
• 2003 - Incorporated in Dubai Internet City, UAE. HQ relocated to Dubai.
• 2004 - Incorporated Mega Holding Ltd. in Labuan Financial Services Centre, Malaysia.
• 2005 - Relocated to Labuan, Malaysia
• Currently, we are incorporated in Hong Kong as well as in Dubai, UAE.

Vision

Our vision is to be an ideal leading international network marketing company making website ownership available to everyone, providing a simple state-of-the-art and professionally-developed online product and multi-level training to empower and develop the youths into independent business owners. This is accomplished via a highly competitive compensation payout and easy withdrawal system worldwide.

Products and Services:

Mega is a one-stop website hosting co. providing online web building and designing products to create a website of your choice. Its product package includes registration of your website with a unique domain name, email facility and website hosting. It is targeted primarily for the ordinary website users but is made available to all who have the interest to build and own a professionally-designed website. We provide a state-of-the-art and user-friendly ECD Builder with a simple 3-step process of choosing your category and theme, inserting contents and publishing your website. Professionally-developed designs plus an easy drag and drop function enable even a novice to have a website of his own without the need for prior technical training or knowledge.

Nowadays, owning a website or owning a home in the cyber world has become second nature to most people especially the computer-savvy youngsters. Mega’s web designing/building and hosting products attract people of all ages, in particular the younger generation. Everyone wants to have a ‘home’ or website in cyber space. The penetration of our products is very high, as hundreds of thousands of websites/domains are being registered every day. It is a product that takes you to the cyber world and the future

Apart from receiving the standard website hosting products, involvement in Mega exposes the youths to personal development, salesmanship and leadership training and interactions with their seniors. Such exposure gives them the edge to be better individuals and will prepare them in good standing to face the increasingly challenging globalized world. Mega is a very interactive company. We have a close working relationship with our Independent Business Partners/customers. We pay close attention to what they need.

‘We are more than just a product!’

Major Benefits of Mega Products:

This is the era of the internet and websites. Knowing how to build a website and owning a personal website is a basic necessity to maintain relevance in the rapidly expanding internet age. The skills acquired may help a person in securing employment. A personal website can be customized to project the personal identity and personality of the owner. It can be used for sharing thoughts, information, and promoting a cause of public interest. It can be a medium of communication with readers, friends and family members on any subject matter. A commercial website can be used to display, promote and market products or services offered for sale and to build customer confidence in the products or services offered. Using our products does not require prior technical knowledge or training in web design. It is easy and simple. It is just a few clicks away!

Mega’s Business Model:

*Independent Business Partner
** Group A: Strong Branch
***Groups B – G: Weaker Branches

The Company markets its products using a multi-level marketing model with a multi-branch Hybrid Plan. Independent Business Partners promote its products to consumers and receive multi-tiered compensation based on the sales volume generated directly by them as well as those of the other Independent Business Partners within their teams. Apart from the Introducer Bonus for direct sales, Hybrid Group Bonus is payable based on the weaker branches.

Compensation Plan:

Introducer and multi-tiered commissions are paid to Independent Business Owners(IBOs)/Partners(IBPs) for their sales of products. Our affiliate compensation payout is among the highest in the online direct selling industry. Commission is paid daily. Your income is a function of your effort and your sales volume.

While most of the direct selling companies have product loading and periodic maintenance requirements, Mega has no such conditions. The initial product purchase is a two-year website hosting product at US$600. As such, startup cost is low and within the reach of any average website owner and user. There is no risk of loss for the IBPs. Earnings vary from individual to individual based on the sales volume secured and the effort put in by the IBPs. Every IBP/IBO has an equal chance to earn commission irrespective of when he/she becomes an IBP. The more effort one employs to promote the sales of Mega’s products, the more sales volume will be generated resulting in higher level of commission earned. It is not uncommon to see younger and junior IBPs who earn many times more than many senior IBPs.

Country Agencies:

Mega’s head office is located in Hong Kong. We have customers in various parts of the world including Turkey, Germany, Netherlands, Italy, U.K., Austria, Switzerland, Australia, Argentina, Albania, Brazil, Hong Kong, Russia, Nigeria, Azerbaijan,India,Afghanistan, and many other countries. Currently, we have agency offices in Istanbul, Turkey; Hamburg, Germany,Kabul,Afghanistan; which represents all the 28 European Union countries; Nigeria. More new agency offices are in the process of being established.

These country agencies are the Company’s closest business partners who work hand in hand with the Company to grow the business worldwide.

Corporate Membership:

Since 2005, Mega has been a proud Corporate Member of MLMIA, Multi-Level Marketing International Association based in California, USA. Mega believes in and adheres strictly to the Association’s Code of Ethics and Practice. (https://www.mlmia.com/corporate-directory

Dollar-for-Dollar Programme:

Apart from our efforts to motivate and develop entrepreneurship in the youths of today, Mega has a Dollar-for-Dollar contribution project to support the UN World Food Program to feed the hungry children in various hotspots of the world. We are more than just a product!

‘When you are the best in the world, the world will come to you!’