Is 5Linx A Scam That Will Rip You Off?
Products: Wireless services, phone services, etc.
Will 5Linx Scam You?
This company deals in mostly telecommunication products and has been around for some time. However, it is not an online business where you can easily promote their products to a wide range of people in different countries. Most of the things you will be promoting will require an offline presence. Another thing is that the compensation plan is complicated and not easy to understand. Furthermore, the requirements for each level in this program are very high so that it becomes very difficult to stay in the program as you progress into higher levels.
Here I am just telling you some of the things you need to know about this company for you to decide whether it is legit or not. However, you need to read the rest of this review before you can conclude as to whether you will be interested or not.
- VoIP (Voice Over IP)
- Broadband Internet
- Satellite TV
- Long Distance
- Medical Savings Card
- Local Phone
- Future Services (Gas and Electric)
5Linx Compensation Plan
The compensation plan is a bit simpler than some other MLM companies we have reviewed on this website. You have two options to join and many ranks exist so that there is enough options to choose.
You can join as a customer representative (CR) or an independent marketing representative (IMR). You have to pay $99 enrollment fee to join as a customer representative and a whopping $499 to join as an independent marketing representative!
Furthermore, there are eight leadership levels. For those who are just coming into the program, they have to start at the bottom level and go up the rank.
The first level is the Trainer level. This level is available to all representatives at the time of joining. At this stage, you will have the minimum requirements and the lowest earning potential. Let’s assume you actually joined the program. While at this level, you will be rewarded with lots of bonuses and discounts for joining and as an ordinary individual; you will be enticed to continue with the program.
When you pass the hurdle of the first stage, you can move on to the Executive Trainer. And this level comes with more requirements and increased earning potential. At this stage, you will still be pampered with bonuses and discounts, but you have to meet your monthly target.
Executive Director Level is the third level, and if you were able to get to this level, it would seem you are becoming independent.
The other levels are:
- National Director
- Senior Vice President
- Platinum Senior Vice President
- Double Platinum Senior Vice President
- Diamond Senior Vice president.
According to 5Linx, the higher you move in the compensation structure, the more money you can earn. However, some things are not made clear such as the requirements of each level, which can be very tight.
Should You Join 5Linx?
With a robust and very complex compensation plan and heavy requirements at each level, I would think twice before joining this program. Since there are lots of other programs on the internet that do not have so much grey area, I will recommend you check out the following section to get an idea of a better business model:
Why I Prefer Affiliate Marketing Over MLM
Affiliate marketing is an online business that is easy to setup by anybody regardless of his or her background. It is flexible, simple and straightforward.
When you are just starting out with affiliate marketing, there are certain tools that you need to have before you can enjoy a profitable journey with affiliate marketing. While all these tools will become more endearing as you progress in your chosen niche, only a fraction of these are important. This is what we are going to talk about in this section.
You need to be internet savvy. This does not mean you have to be an internet marketer or a whiz in internet marketing. You don’t even have to be a website designer. When I say internet savvy, what I mean is that you should be able to open a search engine, search for what you need online and make a decision with this. For example, you can use Google.com when you need to buy new equipment in your home online. Then read reviews on what you need to buy and choose a retail website where you can order the equipment. It is as simple as that.
The next thing you need to do is be able to write. I am not saying you should be a writer or be capable of writing a letter. I am also not saying that if you can write an email then you have a ticket to the promise land. What I actually mean is that you should be able to put pen to paper and write something decent on a topic — it could be as little as 100-500 words. And because affiliate marketing has a forgiving nature, you can actually skip this if you like – you can outsource the writing part to a professional.
Next, you need to have a minimum budget. Unlike joining an MLM program where you will be asked to pay $499 (yes, that’s right, some MLMs charge as much as that), you need less than $100 to start an affiliate marketing business. What you really need most is the time and devotion to the business while it is still an infant. If you have more than $100, then that’s fine too. Since the capital required is not much, you can’t have any setback any time you wish to start.
Finally, you need time and devotion. Your time will be used in learning the rudiments of affiliate marketing while your devotion will be cast to your business. If you can combine these two without wavering, you are already on your way to making some serious money on the internet.
If you have all the above requirements, which are very easy to get anyway, you can start affiliate marketing anytime, anywhere. You don’t have to worry about failure because affiliate marketing is so flexible that if you learn it and do it well, you will start earning money in no time.
Leave me a comment below if you have any questions on 5Linx