Tagged: Scam

Viral Success Network

Viral Success Network isn’t spam. Trust me. It’s also not a scam. Take a look at this video:

You can get so many leads with Viral Success Network. I’m not kidding – these leads are totally legitimate email addresses that the Viral Success Network did not create to trick you into thinking they were real leads. Now I’m no analyst, but this seems like a great opportunity.

Okay, so I lied about everything – even the analyst part. Viral Success Network is a scam within a scam… wrapped in a buzzword-friendly title. If you watch the video, you’ll see how this user captured almost 300 leads in just 2 days! Wow! Hang on, let’s think about this for a second… this doesn’t sound right. You’re paying to join a network in order to reuse ad content that all of the other subscribers are using in order to pay for media to show the same content everyone else is showing to capture leads on some landing page to hopefully sell products from the MLM you’re currently paying for. You also say you’re getting hundreds of leads within a few days with minimal effort? Sounds fishy. Hang on, I think I’m on to something… bear with me here.

Oh yeah. It’s a scam.

ViSalus Income Disclosure Statement

Looking for a ViSalus income disclosure statement? They’re a private company, so data was tough to find – however, we worked with what we had and came up with some neat numbers. If you’re not familiar with ViSalus, it is some dietary supplement. It’s your run-of-the-mill MLM. Don’t know much about them? Take a look:

This isn’t too unique.

Techno? Check.
Cheesy job titles? Check.
“Blue-collar” sob stories? Check.
Subtle religious undertones? Check.
Materialistic fixation? Double-check.

Back to why you’re here. You probably want information on their income disclosure statement. Well? That’s not so easy. According to Kestrel on the Quatloos forums, 43% of the company is/was owned by Blyth Inc, which is a public company.

Income Disclosure Statement

Alright, so we got that out of the way. Kestrel did a little digging so I didn’t have to. Here’s the income disclosure statement for Blyth, Inc. Apparently Blyth is a modestly successful company. They don’t appear to be in the red, but as the distributor for a lot of these diet supplement companies, I wouldn’t expect them to be. So apparently the gap between sales and distributors is growing… but at what pace? Well, with a 300+% increase in distributors and a 150% increase in total sales – let’s break it down.

Let’s say they have 30,000 distributors last year (I made this number up) who comprised the $13,000,000 in sales. That’s over $430 per person. Since then, they have grown by an additional 90,000 (30,000 + 30,000*300%). They should now have 120,000 members. Sales? Well that increased by over 150%! They’re up to $33,000,000. At the end of the day, they’re at $275 per person. Sounds like a lot, though, right? Heh, well… they don’t just sell shakes.

To even begin to sell, you have to fork over $50. That’s for the base kit.

But wait… there’s more! You ALSO have to pay the $49 entry fee to become a “Basic Distributor”. That’s not so bad, though…

Until you realize you can’t even make a profit until you’re an Active Distributor. That will cost you another $125 per month. Yikes!

So where did we net out? Hmm… $125 per month minimum with a $100 entry fee. That’s a cool $225 per person to even begin to make a profit – all of this factoring into ViSalus’ sales figures. In total, each person is theoretically spending an extra $50 total.

Oh, and also keep in mind this factors in the profit they make from conferences, merchandise, and other fees. Let’s just settle and say they’re pocketing some serious cash while the worker bees build a personal labyrinth of debt.

Anyways – if this post wasn’t satisfying enough, here’s a cute little article about ViSalus. Note the room full of “multi-millionaires”. Ha. Yeah, okay.

ZeekRewards Income Disclosure Statement

Everyone’s favorite MLM – ZeekRewards – has released an income disclosure statement! Here it is (opens in a new tab/window):

http://www.zeekrewards.com/ZeekRewardsIncomeDisclosureStatement2011.pdf

Wait hang on. First of all, what the hell is ZeekRewards? Let’s hear an opinion from a guy who totally doesn’t look like a white supremacist (he isn’t, I don’t think…?):

Okay so apparently it’s some kind of affiliate program, blah, blah blah. I don’t really care, all MLM’s are effectively the same. I would create a fun little chart, but they don’t disclose too many details.  Let’s work with what we’ve got, though!

ZeekRewards Riches N’ Bitches

Okay, so I just made that name up… but here’s the stats:

  • 64% of all distributors made no income at all
  • Median income: $0 (makes sense since more than half made nothing)
  • Average income: $1,076

That’s actually not too bad, considering more than half make nothing at all. Unfortunately, we aren’t considering setup costs, monthly fees, and additional operating costs. I know this sounds unbelievable, but it costs money to drive traffic to a site… so users are likely using some kind of paid media to drive this traffic to Zeekler or whatever the site is called. Anyways, enjoy!

Organo Gold Buys Stormy Wellington

Here we go again… Atlanta’s darling Stormy Wellington was the mascot of Ardyss International, but has now been contracted by Organo Gold because of some kind of dispute – probably over compensation. Like a true professional, she didn’t mention her previous company’s name but didn’t stop short of talking trash. Drama! Here’s the video:

She calls out the “haters” in her video. I suppose I’m probably one of the “haters” because I rank high with “Stormy Wellington Scam” in search engines… at least I hope I am a hater… that would be flattering.

So here’s my “hater” message to all MLM’s: I’m a hater because you scam people out of their money. You build a cult of personality to take money from people who are guaranteed ROI. That’s it… that and it’s easy. Multi-level marketers are masochists.

Haters Gonna Hate

The Wazzub Scam in a Nutshell

So I’ve been posting a lot of information on this Wazzub scam and I recently stubmbled upon their Blogspot site. Wazzub goes into gory detail on how they “aren’t a scam.” That’s fantastic, but I can’t peel my eyes off of the background that was ripped straight from Geocities. There’s also an entertaining thread on scam.com where people are talking about this pyramid scheme. I encourage you to check it out. See if you can find where they call out the prestigious school “Stand Ford”.