It’s likely that you have come across Prosperity Income Network through an email list, on social media or got it recommended by a friend or family member.
Is Prosperity Income Network a scam? The reasons why you’re here is because you have want answers right so, that’s what I’m going to provide for you within this Prosperity Income Network review.
First and foremost I must commend you for actually doing a bit of extra research before committing to joining Prosperity Income Network. For all you could have known, the product could be a major scam so the fact you’re here right now, researching whether or not that’s the case is a pretty smart move on your part.
To be fully transparent with you, I am personally not a member of Prosperity Income Network so I can assure you that I will not attempt to sell you it unless of course it’s worth investing in.
What I will aim to do is provide you with an unbiased 3rd party look at Prosperity Income Network that will hopefully help you to make the best decision you can in the end.
PRODUCT NAME: Prosperity Income Network
OWNER/S: N/A
TYPE OF PRODUCT: Internet marketing MLM
PRICE: $597 – $24997
SUMMARY: In my personal opinion, I can’t see PIN as being anything but a pyramid scheme and a scam because it just shows way too many characteristics of shady, ponzi like schemes.
The lack of an owner being disclosed, the pass up commission style compensation plan, the really expensive price tag for intangible and likely unreliable content, the overhype regarding the potential with the business and so on.
The only thing remotely good about PIN in my opinion is the high commission rates but, in the end of the day you’ve got to ask yourself, is it worth promoting a shady company and compromise your integrity for a couple bucks?
I personally wouldn’t say it’s worth it at all therefore, I would undoubtedly avoid joining PIN if I were you and also stop other from doing the same.
On the other hand, If you want to make commissions from products that you don’t personally have to create yourself, I’d highly suggest looking into my #1 recommendation and the business model of affiliate marketing.
FINAL RATING: 0/5
RECOMMENDED: No!
Table of Contents
WHAT IS PROSPERITY INCOME NETWORK?
PIN is a very new MLM company that was founded in 2019 year however, it’s also a company that doesn’t have very much information about it on the internet.
Therefore, it’s quite hard to judge the opportunity as being legitimate because, if it’s already so hard to pin point who the owner of the company is, it’s not as easy to trust it.
Anyways, on its website PIN claims that they are a “hands free wealth on demand system” through which members are supposedly able to work with coaches and software that provide them with an automated done for you system through which you’ll be able to make big bucks.
I don’t know what you think of opportunities when it comes to making claims like this but, a large majority of the time it definitely does not insinuate a very good product.
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PROSPERITY INCOME NETWORK PRODUCTS
PIN doesn’t actually offer any tangible products, the only thing they sell is the company membership which as stated above will supposedly give you access to not only a system that’ll be able to “automate” your money generating ability but, also will offer you upto 80% in commissions.
As for how much each one of PIN’s different courses cost, they include the following :
- Starter – $597
- Deluxe – $2197
- Premium – $3297
- Master – $6497
- Diamond Elite – $12,697
- Executive Elite – $25,997
Yeah, they’re not very affordable at all.
The problem I have here is that the products are digital and with the lack of any real information on the owners of the company along with the ridiculous claims being made on the sales page and the reality that digital products have a significantly bigger chance of being pyramid schemes over MLM’s that sell physical items, I do find it quite hard to recommend anyone invest in PIN’s opportunity.
But, if you’re still curious about what you’ll find within the members area, they’ll provide the following information :
- list building
- solo ad training
- email copywriting
- split testing
- YouTube marketing
- Pinterest marketing
- paid traffic training
- product creation
- sales funnel creation
- media buying
- productivity skills etc.
On the surface, there is a lot that PIN does offer or seems to offer however, at the price you’d need to pay in order to get access to the info, I can tell you all that you will be paying way too much for it.
In the end of the day the reason why anyone would want to join PIN is because of the really large commissions but, if you know anything about MOBE or digital altitude, they also had large commissions however, the courses they offered weren’t all that valuable. They were simply a ploy to recruit new members and essentially repeat an illegal cycle of a pyramid scheme.
I’m not saying that it’s impossible the training can’t be decent however, I do know that making money online is not easy and is actually very hard to automate right off the bat.
This is why you shouldn’t have very high expectations of how fast money will start rolling from the training or the coaching alone because I can assure you building an audience through digital marketing is not easy.
HOW DO YOU MAKE MONEY WITH PROSPERITY INCOME NETWORK?
As is the case with pretty much all MLM businesses there are 2 ways to make money with them, PIN being no exception.
1. The first method is by directly selling the product to other individuals and in return make a commission for the sales
2. You make money through your recruits and downline, by getting residual income by following and meeting certain criteria as well as make money through bonuses and incentives due to meeting company set goals.
COMPENSATION STRUCTURE
The first way through which you can earn money with PIN is through recruiting members personally, where you can make a percentile commission of upto 80% if members decide to upgrade to the highest level.
As for the commission you can earn from the direct sales, they include the following :
- recruit a Starter tier affiliate and earn $350
- recruit a Deluxe tier affiliate and earn $1400
- recruit a Premium tier affiliate and earn $2450
- recruit a Master tier affiliate and earn $4200
- recruit a Diamond Elite tier affiliate and earn $8400
- recruit an Executive Elite tier affiliate and earn $20,000
The catch here is that members will not actually be able to receive the max level commissions unless they’ve bought in at that level however, this doesn’t mean a member won’t receive any commissions. Let’s say a member bought in at the deluxe tier and one of their sponsors purchased a diamond elite package.
The affiliate would still make $1400 how, the remainder would be passed onto the next member who bought in at the said package or higher. The pass up commission style is very common among pyramid schemes so, this is yet another reason to be wary of the company.
Now the second way an affiliate can earn money is through the pass up commission structure I mentioned above. This is essentially the residual income side of things so, if you can recruit a ton of people and they do the same, as long as these members haven’t purchased the highest level pack, you’ll always have the potential of receiving a pass up commission.
Let me break down simply how the numbers work. Say for example a premium tier affiliate recruited someone who bought in at the diamond elite tier, this would mean the affiliate would would receive only $2450 of the $8400 commission which would still leave $5950 to pass up.
This commission would then pass up to a higher level individual. Let’s say the next person who qualifies for the commission is a master tier member, this member would then receive a $4200 commission from the remaining amount.
So this leaves over $1750. As for the last $1750, this will be paid out to the diamond or executive ranked member in the upline. Of course if a diamond rank is to be found before a master tier member, the initial $5950 would have completely gone to them.
These are the two ways through which you can earn with PIN
THE NOT SO GOOD THINGS
No Tangible Products
The lack of any tangible products is something I’ve found to be very common among pyramid schemes. Of course not all digital based products are illegal however, PIN doesn’t seem like a very great digital marketing course so the fact they don’t have any tangible products is very concerning.
The Products Are Really Expensive
The products are of course insanely expensive for what they offer. This point does not need much explaining, simply put PIN is just way too expensive!
Similar Characteristics To Exposed Pyramid Scheme
The pass up commissions, the really expensive products and the lack of any tangible products are actually some of the biggest red flags when it comes to MLM’s so, the fact PIN has all of these characteristics should be of major concern to you.
Furthermore, MLM’s as a whole don’t even tend to have a very high success rate too so, by jumping into PIN simply because they have nice commission rates is just not a good enough reason. If you do, you’d basically getting into bed with a company that has too many red flags.
Let’s not forget that it’s also really hard to find out who the owner behind the company is too, which is yet another red flag.
THE GOOD THINGS
There is literally nothing good about PIN in my opinion. I guess the commissions are technically nice but, the hoops you’ll need to jump through (and pay for) in order to get access to them honestly does not seem worth it in my opinion.
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IS PROSPERITY INCOME NETWORK A PYRAMID SCHEME/SCAM?
In my personal opinion, I can’t see PIN as being anything but a pyramid scheme and a scam because it just shows way too many characteristics of shady, ponzi like schemes.
The lack of an owner being disclosed, the pass up commission style compensation plan, the really expensive price tag for intangible and likely unreliable content, the overhype regarding the potential with the business and so on.
The only thing remotely good about PIN in my opinion is the high commission rates but, in the end of the day you’ve got to ask yourself, is it worth promoting a shady company and compromise your integrity for a couple bucks?
I personally wouldn’t say it’s worth it at all therefore, I would undoubtedly avoid joining PIN if I were you and also stop other from doing the same.
On the other hand, If you want to make commissions from products that you don’t personally have to create yourself, I’d highly suggest looking into my #1 recommendation and the business model of affiliate marketing.
MY PERSONAL RECOMMENDATION
I personally will always recommend against using a MLM business model to make money, not because you can’t make money through it (you totally can) but, the system has always seemed shady to myself and is kinda synonymous with the likes of a pyramid scheme or scams (MOBE and Digital altitude).
Instead I prefer working with something created through ones own means and is ultimately dependent on yourself and your work ethic alone.
This method I’m talking about is affiliate marketing.
The reasons as to why I recommend it over MLM based structures are because
– there is no need to recruit constantly
– it is a legitimate method that has been working consistently and continues to grow as more businesses want individuals to promote products
– and because it is free to start up, no unnecessarily large start up funds needed.
The service I recommend is Wealthy Affiliate. It’s free to sign up to and will get you set up and ready to start your affiliate marketing journey within minutes, as it did for me when I begun my journey.
If you have any questions that you would like to ask me regarding PIN , feel free to do so in the comments section below and I will get back to you as soon as I can. If you have your own thoughts about PIN and would like to talk about it, again feel free to do so in the comments below!
Thanks
Amhil