Product Name: PaysForever
Advertised Price: $39
What Is It?
This is basically a pyramid scheme. You recruit other members into PaysForever and then they recruit and you make money from that lower tier in addition to your own recruits.
There seems to be no “product” to buy other than a membership to the company. Your job is to then recruit other members. You make $20 per sale. When they recruit a member, you make $20 off of their first sale.
Lucrative? Yeah, if you can get a bunch of people to join. But most folks are wise to sketch programs like this. Without proper training on how to advertise online you’ll be stuck begging friends and family on Facebook.
Before You Buy
There’s really no other way to describe this product than a pyramid scheme. They don’t even PRETEND to have a product, and right out the gate admit that your job is to recruit members. Your recruits will then recruit and so on until… who knows. These things usually fizzle out after a year or two.
Most of the folks you see telling you how “awesome” this opportunity is are making low-budget YouTube vids talking about financial freedom etc and not really giving you a big picture of what you’ll have to do to succeed with this company.
What I Liked
I was very surprised at how straightforward PaysForever is. That’s why I gave them 20/100 instead of a scam rating. They do not pretend to sell a product, and are very clear right from the beginning about a few things, including:
- How much this will cost you
- How much money you make
- What you do to make money
I’ve revised a lot of these low-budget money making ventures and most of them require you to sit through 30 minutes of video showing you fast cars and money falling from the sky.
Kudos to you guys for being simple and honest on this front.
What I Didn’t Like
Not A Long Term Business
It sounds like a really lucrative opportunity, but this is going to be much more work than you thought. Your first sale is $0 to you.
Every sale after that is $20, so you have to make 1 sale per day to make just $600 per month. That’s only about $7k per year. Perhaps you’ll make some money from your downline, but that’s not guaranteed at all (you are depending on the work of OTHER people). Just counting your own work, you are doing to have to continue to make sales day after day.
If those sales you make do start recruiting, their first sale will go to you ($20). OK, good deal. But what happens after that?
If you are advertising to friends and family through Facebook, Instagram, or word of mouth, eventually you run out of prospects and the money potential dies off.
Some folks are lazy and some simply won’t have enough direction to get started. The potential of your downline is going to depend on how much training and motivation YOU give them.
The point I’m making is that this is not a long term business venture.
No Training or Support
If you are brand new to the world of online marketing or to network marketing, there’s a lot to learn!
If you want to build a website, advertise on other websites, or learn how to create convincing sales presentation, that’s going to take training and/or mentorship.
There’s basically no training that comes with your PaysForever membership. There are some bonuses, but from the looks of it they are low quality and old training guides. The so-called $1500 value is completely arbitrary. My article submitter was released in 2008 and has 1/5 star review on CNET. Network Marketing Monster is available for $4.97. Viral traffic secrets costs $15 on Amazon. That's a far cry from $1500
There also seems to be no way to get personal support other than your sponsor. If you get a good one, fantastic. But what happens if you get some guy that just wants you to do the leg work while he sits back and you send him $20 commissions?
This is partly why I prefer affiliate marketing. I make money based on my own work, and benefit directly from that work. I don’t have to count on other people to make money for me, and no one else benefits from the work I do except myself and the company I promote.
In the world of network marketing and pyramid selling, there are much better opportunities out there. I do not like the business model, but even I will admit that there are companies that provide more value than PaysForever.