Perhaps you have been approached by GetMyAds as a company opportunity as well as an advertising platform? Is GetMyAds a Scam or a real business? In this GetMyAds review I'll help you know what it's and how it works. Spoiler: this won't be pretty.
GetMyAds – Overview
GetMyAds is really a revenue share company that claims you possibly can make a bundle by just signing up and following their instructions. There website claims you possibly can make easy money and to tell the truth it looks very professional. When I landed on the website I thought what a attractive website they'd, but when I began to check closer I soon started to realise what a complete scam GetMyAds is. Surprised by that? You shouldn't be, because revenue share models are destined to fail. Below are a few claims they state:
As you can see they boast having paid out of $14 million to commissions. And they say that you can generate $327 each day from the start. After looking at programs like this in the past I am convinced it's a fraud because of what has happened to other programs like The Advert Platform. The Advert Platform was a revenue share program that went by the name of My Advertising Pays. It grew over several years into a company that had 100,000's of members and countless members money invested in their system. The goal was to buy “Ad packs” which would expire and pay out a profit, the more you got the additional money you would make. You could also earn money referring others that is how a lot of the top players in the business got paid the big bucks because they earned a commission on everyone else who signed up.
The thing is that My Advertising Pays (now called The Advert Platform) collapsed. Everyone new it'd happen sooner or later. They declare that their merchant ran off with $60 million of the money. However the merchant claims the opposite that they never ran off with the cash and that they actually owe them money. It's a mess and I don't know the actual facts behind what has happened however a very important factor I understand is that this business model is flawed and it'll collapse eventually.
How GetMyAds Really Works
The key goal of GetMyAds is to obtain affiliates who refer more affiliates and so on. Get My Ads claims that you can become an affiliate completely free. That is true, nevertheless you will have to spend at the least $50 to be eligible for the payout.
In short, you will need to pay for the 50$ to become eligible for the PayBack program. Now GetMyAds company says that “40% of the value of a token goes into our PayBack pool where every customer will benefit from.&rdquo ;.This basically means you'll receive an integral part of that PayBack pool. The typical number they're promising is 1% profit per day. If you spend 50$ within the program you will end up earning $0.50 each day from the PayBack program. This equals to $15 per month of profit.
However, did you think of where that profit originates from? Other paying members. As older members are receiving their PayBack from your investment, GetMyAds now needs new paying members in orders to pay for you. Is this starting to check like a fraud yet?
If you personally refer a brand new paying member you'll get a 12% commission being an affiliate. That's $6 out of $50. If your referral brings in a brand new client you'll receive $6 from that member as well. Hence the pyramid style scheme.
GetMyAds – Conclusion
On the surface GetMyAds seems like a professional operation however whenever you actually know the way this business model works you know the way fundamentally flawed it is. It's our opinion that GetMyAds is a fraud, and ultimately in the event that you invest money you will simply find yourself losing it https://centerforworklife.com/opp/affiliate-marketing/getmyads/.
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