September 1, 2010
An Educated Analysis Of TVI Express, Is This A Modern Day Scam?
TVI Express, fully identified as Travel Ventures International are based in London, United Kingdom (apparently).
They began up in January 2009 and what drew me to take a take a look at this opportunity was the incredible earnings claims being created by distributors. Whilst searching by way of their web page and watching the corporation presentation, I kept thinking to myself ‘What are these guys selling?’ Whenever I get this question pop up in my mind I continually get a red sign flashing in my brain that says ‘PONZI’.
Even after some a lot more digging around I was none the wiser. The only ‘product’ I could find was a holiday voucher for 5 nights in a hotel which you get whenever you sign up (which costs $250) along with the assurance of ‘good deals’ on travel & holidays as and when they become available
My biggest issue with this organization is that they are not clear on what it is that they are actually selling.
How can you earn money with TVI?
A distributor will make their money from getting others to sign up and pay the $250 joining fee. TVI Express operate a ‘rotating matrix’ compensation plan and you have to ‘cycle’ by means of the ‘Travel Board’ first and then you will be paid $250 and given an e-voucher of $250.
Following this you might be then upgraded to what they call the ‘Express Board’, you will then repeat this procedure and ‘cycle’ your way up to the top and whenever you exit at the top you will receive a commission payment of $10,000 (apparently). To join TVI there is a onetime only payment of $250. To reach the qualification level to have your commissions you have to bring in just two new people today.
Given that the entry charge is just $250 how can members generate such big amounts from just 2 new recruits?
Simply because right now thousands of folks are signing up within the hope of riches and paying their $250 charge, and providing this keeps happening then the matrix will continue to be filled up and members can keep ‘cycling’ round to exit and get their $10k. The provider says that the moment you pop out on the top you may re-enter the matrix again and earn an additional $10k. This will carry on for as long as you stay a member (or until they get shut down).
It is inevitable that this sort of scheme will collapse eventually. It appears there is certainly no tangible merchandise here so the moment the influx of new members stops (and it will) the matrix stops moving and no a single profits anymore. Normally when an MLM agency gets for the point of saturation there’s still cash being made, as distributors are selling an actual product/s to end consumers.
Well when looking at an MLM organisation to join I often take a look at the goods and if they offer Actual value towards the finish user. Also I believe about if the product or service would sell on its own if there wasn’t the enticement of an MLM comp plan attached to it. The corporation TVI fails on all counts for me.
Should you sign up?
Anyone shopping at the pay plan would be impressed. In the event you do join, I would suggest you don’t try and recruit your friends into this or any one that respects you as a individual, company or personal, you are likely to lose all credibility.
One particular final word of warning, I have go through on several forums that you will not necessarily get paid cash, but in vouchers, which you can then redeem against discount holidays and travel. I have also examine that TVI do not accept credit card payments, this casts an instant shadow on the entire operation. You have to wire the cash to an overseas account.
Don’t take this as rock solid gospel, but it is what I understand in quite a few various forums.
Would I Join?
Never.
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Filed under News and Tips by ecommercequeen