This online money making program is currently plying their trade
only in Malaysia and claims to champion the plight and cause of the
Malaysian people especially those with a household monthly income of
Malaysian Ringgit $3,000 and below. As of time of writing, I still
can’t quite figure out the actual business operation behind this
program. I could not gather any information about their business or
marketing plans anywhere on their website. However, the program does
sound like an internet MLM (Multi Level Marketing) program when it
requires the appointment of resellers and down lines to execute
their business plan.
Their products are actually eBooks. They have a total of 18 core
eBooks and another 14 are given free for every single purchase.
Based from what we can gather from the list provided in their
website, their eBooks are mostly how-to’s, tips and pointers on
running online businesses, sales letter and email writings,
motivational products and online marketing. Frankly speaking, some
of their eBooks looks very familiar for they can be downloaded
freely from the internet since they have become obsolete and
irrelevant in current Web 2.0 online business environment. The whole
package costs Malaysian Ringgit $40.00. Whoever is behind this
program tried to make this look deliciously cheap by indicating that
it is a huge bargain for it was originally priced at Malaysian
Ringgit $729.00! Can you believe this? :)
Getting started on their business plan is simple enough. Purchase
their eBooks at Malaysian Ringgit $40.00 and you’re good to go. In
order to be promoted to the position of Top Reseller, you need to
have at least 4 prospects as your down lines. You are only allowed
to have 5 prospects as direct down lines though. Their so called
(5x5) Forced Matrix system also allows a single Top Reseller to tap
into 5 different levels. Now, this is where it gets really
interesting. This is no longer any ordinary MLM (Multi Level
Marketing) program! This has become more like a Pyramid or Binary
schemes where people at the top practically does nothing but let
their down lines at each different levels do all the work for them.
Theoretically, this program cannot be defined as a typical direct
selling business program if we go by what has been stated and
defined in the Malaysian Direct Selling Act 1993 since their
businesses and sales are purportedly done entirely online. However,
if their resellers and down lines resorts to door-to-door, mail
order or making phone calls to secure a sale then they are required
by the Malaysian Law to register and apply for the Direct Selling
License. Unfortunately, the program’s website does not provide me
with any clues whatsoever on their marketing and sales strategies
thus making the task of evaluating this mysterious program even more
difficult for any curious folks. Are they purposely hiding something
here?
Evaluating this program today opens up more questions. There are
many discrepancies found today that I do not have any immediate
answers and I believe it is best that I share it with everyone here:
-
Who is running the
program? Is it a business entity, an individual or a group of
people?
a. The program’s
official website did not indicate this anywhere in the website.
Their whole background is pretty mysterious!
-
Are they running a
legitimate business?
a. As I have said
before, their business plan looks and sounds very much like an
internet MLM (Multi Level Marketing)
program. They may not require a Direct Selling License to
operate since they are conducting their business online; it is
obvious that they are running a Pyramid or Binary scheme with
that 5x5 Forced Matrix system of theirs. Hence, the legitimacy
of this scheme should be ascertained further with relevant
authorities such as the Malaysian Domestic Trade & Consumer
Affairs Ministry.
-
Is there any growth
potential in this program?
a. I have doubts
about the growth potential of this program especially after
reading one of the clauses in their Terms & Conditions section.
Parties who are interested in buying their product are more or
less being forced to accept that they could not submit any form
of protests if the management of this program made the decision
to close down their website at any time. Everything is at the
management’s discretion. Doesn’t that sound funny?
-
Are there any given
guarantees on their product?
a. None whatsoever.
There is no money-back-guarantee given that would let buyers who
are not happy with the quality of the eBooks return the package
back to the seller. As matter of fact, every potential customer
is forced to accept their no-return policy upon making
purchases.
Any other reviewers would have given their thumbs-down on this
program. I however would rather put a big question mark on this
program to round off today’s program review. At first glance, this
program is shrouded with questions but we cannot really tell once
and for all whether this is a scam or otherwise. If they are really
serious about running this program, they should show their
seriousness by providing clear answers to the above mentioned
questions as soon as possible on their website. One possible
explanation for all this unnecessary questions is that whoever is
running the show does not have any experience nor exposure on
running a well organized business online. Worst of all, they might
be up to something no good. Your guess is as good as mine. This
program could either be genuine or a just another
one of those scams.
Malaysians who are interested in joining this program are
strongly advised to seek as much intelligent information about the
program and the people behind them before committing!
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Overall Rating:
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About the author |
|
Saidul A Shaari
is the principal and founder of
Sahabatul
Ventures, specializing in helping aspiring home based entrepreneurs
establish and setup their online businesses cost effectively.
An enterprising business individual who turn half ideas into real
money making opportunities. |
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