Global Virtual Opportunities – Is This Just A Scam, Or Is It A Good Opportunity?
June 29, 2010 by admin
Filed under Uncategorized
Taking a step back, one of the latest and greatest interests in the MLM opportunity world is with Global Virtual Opportunities, or GVO for short. Taking a closer look at the whole business what is it all about, and is it worthwhile to pursue?
As a business opportunity, Global Virtual Opportunities kicked off in September 2009 with founding CEO Joel Therien.
But, what specifically does GVO sell to their customers. GVO really has a different product package. Its an all complete internet marketing package, including website hosting, an auto-responder, and video and online hosting. Truly unique and great if they can really pull it off.
Next, how does the Global Virtual Opportunities pay plan stack up? When you sign on as an affiliate, and that is the best term for it, one can get checks through a series of specific bonuses, which are: fast start, matching check, and a company specific binary hybrid matrix. Also, they have a revenue sharing option with 10% of the company earnings going into a pool to be split by the top 20 affiliates in the company.
In the end, is the GVO business a scam or legitimate? Absolutely a good looking product line with GVO along with a good solid compensation plan.
But, as is the case with any MLM opportunity, the real deal for the Global Virtual Opportunities business will be the marketing that its distributors do. That really is the way things become successful, even if they have the latest and greatest products and the best compensation plan.
So, if you are in the GVO business, its in your own best interest to learn how to really identify who your target market is, and how to market specifically to them. Even better, learn how to market on the internet, as this gives you the biggest leverage and you can reach the widest audience with it.
To learn more about growing your Global Virtual Opportunities business, read below and click on the link for more information.
Review of The Overnight Cash System
June 29, 2010 by admin
Filed under Cash Gifting Programs
Review: As an internet-based cash gifting activity, The Overnight Cash System uses a 1Up style structure like the others and offers members one of the most professional and hands-off systems out there. There are 6 levels or “tiers” in TOCS: $250, $500, $1,000, $2,500, $5,000, and $10,000. Interested prospects visit the website to read all about the program, listen to the audio recordings, read the testimonies, watch the movies, then they can call in toll-free or submit a Callback Request and get all their questions answered “customer service” / “team leader”. Most people join at $500 or $1000.
The Pros: The TOCS Website has a very sleek feel to it and many newbies are attracted to it due to its “automated nature”.
Best Feature: Professional TOCS Team Leaders personally call and answer all your prospects questions for you, so it can be almost completely hands-off on the member’s part.
The Cons: The TOCS Website has a “Get-Rich Quick” Feel to it and that actually turns some people off. Thus, the conversion ratio for visitors is really low. The high administration fees are only making TOCS richer. The materials they provide are easily available for FREE when you choose the right cash gifting program. Also, they have a strict “no deal” policy on gifts. Another significant weakness I seemed to have found with the system is that there is no way to broadcast email follow ups to your database. There is also no control over what messages the system sends out, as they are all sent from within the system.
Biggest Flaw: Biggest thing that I found was the strict restrictions they put on “use of their marketing materials”. Also, you are not allowed to change the content of the letters that are sent out to your prospects via the TOCS auto responder. They have the right to eliminate you at their will (I know people who have gotten success there only to have made a mistake in marketing and had their site shut down permanently). Another major downfall is that you have to get all your materials approved by TOCS before publishing them. Do not be fooled by the “complete automation” that they advertise…there is nothing that is 100% Automated Online.
Admin Fees: There are additional fees required to become a TOCS member. These fees are determined by which Tier Level you choose to get started with and range from $200 to $1,000. There’s also a monthly fee of $29.95 for the hosting of the replicated websites as well as access to all the marketing tools. They give a discount if you purchase a one year subscription up front. Just to be clear, the fees I just mentioned are in addition to the initial cash gift that’s sent to the sponsor.
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Review of The People’s Program
June 27, 2010 by admin
Filed under Cash Gifting Programs
Review: The People’s Program is a newer residual cash gifting program. This program also appeals to many people because it has 9 levels of participation from $150 to $10,000. It has the same fancy graphics and replicated websites like the others. However you can semi-brand your site.
The Pros: Very well done program with a ton of training in the back office. Also, the admin fee is low at $50 / year. Cash gifts are delivered to participants via Fedex, UPS or DHL.
Best Feature: Training & marketing and simplicity.
The Cons: Some like the residual gifting, some don’t.
Biggest Flaw: Residual gifting structure (it sucks having to give up a part of every gift to your sponsor for life) and the admin fee, which makes this program borderline illegal due to making this a pyramid structure.
Admin Fee: $50 / year. Some justify this as an auto responder fee.
