Hi all,
I just log in and received a PM from someone, appeared to be a
ex-member of SkyQuestCom, in the PM, she (I guess it is a girl from
the username) wrote that she paid US$250 last time, but recently
was changed to US$520. She gave up the membership after the
increase in price. Upon her permission, I copy and paste part of
the long PM I received from her.
No flamming please, if there is anything, please fell free
to add or advise in this forum so that all can share.
...
Should You Join SkyQuestCom? Is SkyQuestCom worth the money?
Firstly, understand that SkyQuestCom is A MLM company promoting
videos of gurus like Brain Tracy, Robert Kiyosaki, etc. Many MLM
companies promote physical products, but SkyQuestCom is probably
the second company besides Success University to promote digital
products. Now that sounds like a good product, but let's look at
the business structure.
As a new member of SkyQuestCom, you will be encouraged to recruit
other participants, attend their training, who would in turn be
encouraged to recruit others, and many more, etc. – from whom you
could collect commissions and/or bonuses on what they buy or sell.
Do you like to do recruiting? Do you want to turn to your friends
and close ones to ask them to be your downlines? If yes, please,
read on.
SkyQuestCom has a "promotion scheme" in a hierarchy of multiple
levels of participants achieved by recruitment and/or by a
combination of recruitment and sales volume. The structure is
available when you sign up. The multi-level binary hierarchy is
typical of many MLMs out there which if you cannot sell, is doom to
fail in the long run. The company pay overrides (commissions and
bonuses) to independent distributors (the term when you buy their
membersip) in a hierarchy of many levels. This is a never-ending
multi-level "scheme". Ask yourself, do you want to get into this
multi-level scheme?
You are expected to pay a few hundred US dollars, a lump sum for an
annual membership. When you are encouraged to make initial
purchases in order to take advantage of the “business opportunity,”
and buy more "ongoing membership" later to continue qualifying for
advancement in (or payout in overrides and bonuses from)
SkyQuestCom. This is a very important or in fact true for almost
all MLM companies. A good product should be sold due to the
product itself rather than to buy some "ongoing membership" to sell
to another to buy this "ongoing membership" to sell to another, to
sell to another and so on, thus multi-level never-ending
scheme.
The total amount of commissions (or discounts, bonuses, etc.) paid
by SkyQuestCom to the entire upline of a participant receive is
more than he/she would receive for actually making the sale. When
this happens, the MLM structure is doom for failure for those who
just join in the long run when the optimal threshold of recruitment
is reached or when demand, or market forces become saturated. So
this is not a get rich quick scheme.
So is SkyQuestCom, a good business opportunity that is worth your
time, effort, and investment in? Always look at the business
structure of the MLM company before you join. Calculated chances
are your rate of success is actually lower than the rate of winning
the lottery from statistics of MLM companies all over the world who
have a similar MLM business structure. If you can sell those gurus
videos, go ahead; if you can't, stay away and avoid it like
plague.