DuePoint Review – Is This A Good Opportunity Or Big Scam?
DuePoint has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling DuePoint.
I have simply gathered for you all the facts in this DuePoint Review in order for you to make a proper decision about it.
So, is it true? Is DuePoint a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is DuePoint?
DuePoint is an MLM entity that operates within the niche of financial services, and looking through its official website, the company looks to be based out of South Africa (specifically, Gauteng).
Five “team members” are listed on DuePoint’s site, and although their exact roles within the company aren’t disclosed, their names include Brendan Benfield, Timothy Renolds, Rob Van Der Bijl, Stacey Paul and Jayne Verity.
All of the team members are reported to have experience with tech and finance, but from what I can see, only Jayne Verity has any past experience when it comes to MLM.
This is revealed in part of Verity’s bio, reading:
“Having developed direct marketing teams both in the UK and South Africa, she adds extensive knowledge and experience to DuePoint.”
I stumbled upon Verity’s Twitter profile after learning this, and here I found both marketing material for The Worlds Biggest Buying Club (an MLM opportunity that started in 2011 but has since collapsed) and reports of Verity attending some DSA event in 2015 in South Africa.
Unfortunately, this is all the info I could gather in regards to Verity’s specific MLM experience.
What Are The Products For DuePoint?
Product lines are often one of the most important factors for an MLM opportunity, and according to DuePoint, the company is a “division of Constantia Insurance Company Limited, which is a registered Financial Services Provider FSP 31111.”
The Constantia website was down when I tried to access it, but I was able to learn that the company is some sort of independent financial advise offeror that is also based out of South Africa.
DuePoint sells two subscription plans from Constantia, each offering personal accident policies.
The two plans that are available include Access Wealth and Wealth Guard, each costing $22.50 and $20.65 USD respectively.
DuePoint also sells Wealth Points, and this is another subscription package that comes with access to all sorts of third-party “buyers’ club partners.”
Although their names aren’t explicitly mentioned, theres partners include the likes of a car dealership, ISP, hair dryer retailer, travel agency, personal fitness trainer, and more.
Pricing for these plans is up in the air, but if my judgment is correct, each one comes with its own subscription that recurs on a monthly basis.
What Is The Compensation Plan For DuePoint?
Taking a look into DuePoint’s compensation plan, it rewards affiliates for selling subscription packages to retail customers and other affiliates alike.
A commission of $2.05 USD is generated with each plan that’s sold, but there are a couple of other key elements at play that have an effect on how much affiliate truly earn.
For starters, before any money is actually paid out, you’ll need to first qualify for the commissions at hand.
DuePoint requires that all affiliates sell at least one subscription plan to three other members before they can start earning, and once they do, DuePoint’s unilevel system comes into play.
A $2.05 USD commission is generated with each subscription that’s sold, but the amount that you earn from that sale depends on which level of your downline it took place in.
For example, selling a subscription to a level 1 affiliate will actually pay $4.15 USD thanks to a 200% multiplier, but selling one to a level 5 member will only pay you $0.80 USD due to the 40% multiplier.
What’s Does It Cost To Join DuePoint?
In order to join DuePoint, you’ll need to buy a minimum of one of the subscriptions being sold by the company. Because of tis, you’ll be looking at a joining cost between $20.65 and $63.80 USD.
Is DuePoint A Scam?
Have you heard from a friend that DuePoint is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about DuePoint – is it a scam or legit?
Good news – DuePoint is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
DuePoint Review Conclusion
At this point in the review, it’s probably quite obvious that DuePoint is having its affiliates sell subscription plans to retail customers and other affiliates in order to earn money throughout the compensation plan.
Despite this seeming pretty black and white, that’s not what DuePoint wants you to believe.
“As Wealth Engineers of DuePoint you are not involved int he sale of our products and you are not a financial advisor or intermediary for DuePoint. Your only focus is the development of your channel and the pursuit of your own financial freedom.”
Here’s the thing, though.
That “channel” DuePoint is referencing is obviously your downline and the unilevel system that the company is running. And, in order to grow your downline, you need to sell subscription plans to as many retail customers and affiliates as possible.
On that same note, DuePoint’s compensation plan makes it very easy for pyramid activity to take place.
While retail sales are technically possible, DuePoint heavily pushes sales to be done between affiliates.
In fact, a marketing presentation for the company sates:
“For the purpose of calculating your returns, these 3 product owners must be linked to you directly as a result of you having approached them in terms of the DuePoint business opportunity.”
Having the possibility of retail sales is never enough to legitimize an MLM setup, and while they are technically possible with DuePoint, it’s clear that the company would much rather you focus on recruitment and selling of plans to other affiliates.
With this being the case, I’ve got to advise you steer clear of this one.
I sure hope that you have found my DuePoint review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my DuePoint review to have all the information for you.
If you decide to carry forward with DuePoint, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.