Global MoneyLine Review – Is This A Good Opportunity Or Big Scam?
Global MoneyLine 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 Global MoneyLine.
I have simply gathered for you all the facts in this Global MoneyLine Review in order for you to make a proper decision about it.
So, is it true? Is Global MoneyLine a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Global MoneyLine?
Global MoneyLine is one of the most recent MLM opportunities that’s popped up on my radar, and while each new one that launches certainly is exciting, I wasn’t met with the best first impression upon visiting the Global MoneyLine website for the first time.
You see, Global MoneyLine has made the fateful decision to not provide any sort of background information at all on their official site, and although this is something that I’ve been noticing more and more often in the MLM world, that doesn’t mean it’s something I enjoy seeing.
Whenever information about who owns a company, where it’s located, or who manages the daily operations is withheld, we’re left dealing with something of a faceless company. That’s never a good thing to be dealing with, but that just so happens to be the case with Global MoneyLine.
Since the company’s official website turned out to be a bust, I decided to look into the domain name registration. The registration took place on February 4th of 2016, but unfortunately it is set to a private state.
This means that I was unable to determine who was behind the registration or where in the world it physically took place, and this does nothing but to further reinforce the fact that this is as faceless as they come with these sorts of opportunities.
The one single bit of information I was able to find on Global MoneyLine has to do with their Terms and Conditions.
In the Terms and Conditions that are provided on their website, it is stated that, “The Agreement will be governed by the laws of the State of Minnesota and the federal laws of the United States.”
This suggests that Global MoneyLine is being operated somewhere in Minnesota in the United States, but with this being the one single mention of any physical location, it can’t be determined for sure.
What Are The Products For Global MoneyLine?
The background information for Global MoneyLine sure does leave a lot to be desired, so does the product line have what it takes to build up some hope in this opportunity?
Unfortunately, it does not. In fact, it only hurts the case for Global MoneyLine even more.
The fact of the matter is that Global MoneyLine doesn’t have any sort of product line at all throughout their entire opportunity, and while this is another trend I’ve been noticing, this one is much more serious.
Product lines are expensive and difficult to setup, but they exist for one sole reason – retail sales.
Retail sales take place when good and services are marketed and sold to retail customers, and they often serve as the main source of income for a legitimate MLM opportunity.
With that product line absent within Global MoneyLine, I’m given the impression that something fishy is taking place. This is usually a recipe that’s found with schemes and scams, and judging by the lack of product line and absence of any background information, that is likely what’s happening with this opportunity at hand.
With that said, it is worth noting that once an affiliate does sign on with Global MoneyLine, they are then able to send out spam messages to anyone else who joins the company after them.
Those who join the company for free have to send these messages one at a time, but affiliates who pay for their membership are able to send out spam messages to 20 total affiliates at once.
What Is The Compensation Plan For Global MoneyLine?
The compensation plan is the next part of Global MoneyLine that we need to take a look at, and in this case we’re dealing with a situation in which affiliates pay $20 and then earn a commission to enlist other people to do the exact same thing.
Commissions in the company are paid out through the use of a 2-up system, and they are also tracked using that of a unilevel method.
With the 2-up system, affiliates hand over their first 2 commissions to the affiliate that recruited them to join Global MoneyLine. Additionally, they are able to receive the first 2 commissions of each affiliate that they recruit to join the company as well.
The 2-up system isn’t new to the world of MLM, but it’s one that’s often found with pyramid and chain-recruitment schemes. They serve no other purpose aside from getting more and more people to join an affiliate program, and with it being offered here with Global MoneyLine, that’s likely the kind of opportunity they are.
As for the value of these commissions, $5 is earned for every new affiliate that is recruited to join the company.
What’s Does It Cost To Join Global MoneyLine?
If you’re at all interested in becoming an affiliate for Global MoneyLine, the membership itself is free to start out with.
However, if you’d like to fully participate in everything that the company has to offer, you’ll need to hand over $20 for the membership fee.
Is Global MoneyLine A Scam?
Have you heard from a friend that Global MoneyLine is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Global MoneyLine – is it a scam or legit?
Good news – Global MoneyLine 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.
Global MoneyLine Review Conclusion
With all of that said and done, Global MoneyLine is little more than a pyramid scheme.
The company doesn’t have anything at all that they’re marketing or selling to customers, and the use of the 2-up system puts an extremely large emphasis on getting affiliates to do nothing more but recruit.
Factor this with the fact that the only way commissions can be earned is by recruiting more people to join the company, and we’re looking at a pretty bare bones pyramid scheme.
As all other pyramid schemes go, Global MoneyLine will cease to exist once levels of recruitment die down. Once these levels begin to drop, commissions will no longer go out, and the vast majority of the earnings will belong solely to the admin(s) of the operation.
This results for a situation in which most people will end up losing out, so we recommend avoiding this one if possible.
I sure hope that you have found my Global MoneyLine review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Global MoneyLine review to have all the information for you.
If you decide to carry forward with Global MoneyLine, 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.