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Ultimate Profits Network Review
My review of the Ultimate Profits Network MLM program. Basically this program sells itself has an Internet marketing tool. It states on its website that the opportunity is “powered by Team Impact LLC”, headed up by Jon Scherling and Geoff Cash. It is believed that the Ultimate Profits Network program owners are also Scherling and Cash. Its URL is "ultimateprofitsnetwork.tk", with its server location in the Netherlands. All other web URL information is "hidden' including URL creation date, expiration date, owners name, and address. But the site does use a virtual mailbox address that is located in the US state of Pennsylvania, indicating this is where both Team Impact LLC and Ultimate Profits are located.
A little history on Ultimate Profits Network (Team Impact LLC) owners Jon Scherling and Geoff Cash. Jon Scherling, in late 2009, launched a gifting scheme called “2010 Blessings” where members put in $25 and were "gifted" up to $100 by other members. After members received their $100 they were invited to put more money into the gifting program ($50, $100 and $250) in order to get back gifts of $200, $400 and $800 from other members. This pyramid scheme failed after 5 months, with many people losing their money. He also states that he is a "master affiliate" of Smart Media Technologies from December 2011 to present. Geoff Cash appears to have been more active in MLM, as he was involved in "Just Been Paid", "ProsperElite" (failed MLM recruitment program) and "Holy Grail Residuals" (another failed gifting pyramid program).
What IS Ultimate Profits Network? All affiliates must pay $30 each month to receive commissions. For this $30 monthly fee Ultimate Profits Network offers capture pages, an auto-responder, contact list builder and a library of private label rights ebooks. Its compensation plan involves a single 4×4 forced matrix, with
all commissions paid out of affiliate membership fees. Your monthly membership fee puts you on the top of a 4x4 matrix, with four positions directly under you (level 1). In turn, these four positions branch out into another four positions each (level 2) and so on down four levels. Matrix positions are filled by recruited new affiliates and/or the recruiting efforts of an affiliates up and down lines. Monthly payout is as follows:
- Level 1 – $4 an affiliate ($16)
- Level 2 – $2 an affiliate ($32)
- Level 3 – $2 an affiliate ($128)
- Level 4 – $10 an affiliate ($2560)
It also offers an 50% matching bonus on level 4 matrix commissions earned by any affiliate you have personally recruited. Plus a recruitment bonus of $5 is pay out each month for every personally recruited affiliate who continues to pay their monthly membership fee. Monthly fees are paid by credit card or PayPal. It is unknown what payment processor is used to pay out earnings.
My Option..... If you are a reader of my blog, then you probably already know what my option will be, but for those who do not here goes. First is what you get for your $30 monthly membership fee:
Capture pages- You normally get these free with any MLM program you join, plus you can go online and find many free capture page creation sites including Free Capture Page Creator and the 90 second squeeze page.
Autoresponder- You can also find these online for free including List Wire or Send Free. You also can get full service autoresponders like GetResponse for only $9.95 per month.
Contact List Builder - The are hundreds of free list builders online like MyPIP. In fact there are free list builders that you can even earn free money with, like Free & Powerful and MyPIP CPA. And all these list builders include free online marketing training. Plus you can also use your autoresponder as your list builder.
Private Label Rights Ebooks - You can purchase almost 1,500 private label right (PLR) ebooks from online sites like Ebookstore Books for as low as a "one time" cost of $27 or even free at Ebook3000 and Book Gold Mine.
I must ask you, what are you getting for your $30 monthly membership? Maybe a $10 autoresponder if you are lucky.
I also never trust a MLM program (or any other type of program for that matter) that feels that it must hide all of its URL information. Legit online programs do not hide their contact information.
There is no doubt that that in this program, all commissions are depended on the recruitment of new affiliates and their continued payment of the monthly affiliate membership fees. If affiliates at the bottom of the matrix are unable to get new referrals, they stop paying their $30 monthly membership and affiliates above them stop earning their monthly commissions. They in turn, they stop paying their monthly fees and the end result is a trickle up process that eventually collapses the program.
There’s a reason the “hundreds who have attempted this” type of business have “failed miserably”. Ultimate Profits Network completely fits the definition of a "pyramid scheme" and should be avoided if you are a online "newbie".
Just My Option,
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