KaratBars International MLM Review. BS Scam or Wealth Machine? June 5, 2016 by Justin Leave a Comment
Original article: http://www.justinleontemple.com/karatbarsinternationalmlmreview/
You have probably heard about the gold mlm company KaratBars and want to learn more about it in a “KaratBars International mlm review” right?
In this article we will be talking about the KaratBars mlm opportunity and whether it is worth your hard earned money to join this business.
Everything from what the products are, the compensation plan, the vision of the company, and all the secretly weird things you aren’t told when you join the multi level marketing business.
No matter what network marketing business you decide to pull out your credit card and join today, My goal is to help you learn top income earner
secrets that are going to help you succeed in any company using a leveraged system that works for any business .
KaratBars International mlm Review
Lets get down and dirty…
The multi level marketing company KaratBars was first started in 2011 and has its home base stationed in Stuttgart Germany .
The man who started the business is Harald Seiz. >>
KaratBars international products
The item for sale is gold. Which is pretty cool.
Gold is always going to hold its value and you should start collecting gold and silver regardless of a gold mlm opportunity.
Anyways, KaratBars International offers 99.999% pure gold bars that are sent out in little plastic containers that look like a cards.
They even offer there own style of bars.
The picture below is how big a gram of gold is…
You can decide to buy KaratBars that are 1 – 2.5 – or 5 grams.
Its very straight forward. Gold or no gold.
KaratBars international compensation plan
The pay plan for KaratBars is a combination between a binary and a unilevel pay plan.
Basically a binary compensation plan is useless.
Why?
The whole pitch for a binary is…
“If you don’t join now, I am going to sponsor new members under someone else.”
But what you are not told is that you can have 1 out of 2 legs with 1,000,000,000 people and you make ABSOLUTELY NOTHING!
You only make money by building your “small” leg.
So a binary is a false scarcity trick that gets people to join for no reason or benefit.
Thats just the truth.
It’s not a scam.
It’s just bullshit.
The Unilevel compensation plan
Basically the uni level is sponsoring people and them sponsoring people.
So you are pitched that someone will put people under you, while you make no money from it, so you have to go sponsor people anyways.
Again, it’s not a scam, its just really fucking dumb and a secret trick most people don’t know about when they join any binary mlm company.
Onward!
Just like most network marketing companies you only make money on the levels that you qualify for. Including KaratBars.
Within the KaratBars international mlm there are 3 levels that you can earn commissions on and use to make money.
Karatbars bronze package compensation plan
The Karatbars bronze package is the lowest level in the business and thus that is where the 1 gram gold bar can be found and purchased. When you sell a 1 gram bar you are going to earn 10% commissions from your efforts.
Which is horrible.
Why do you want to earn 10% when you can put just as much effort and make way more of a percentage in a few other companies.
But hey if thats what you want then you decide for yourself.
Karatbars Gold Package
As you increase in ranks to the gold package you are going to have the opportunity to start dealing with the 2 gram gold bars. The amount you earn at this level is a whopping 15%.
VIP Package
Nothing much of a difference but at the VIP package you can begin selling and buying the 3 gram gold bars.
Whats your commission? only 20%
The biggest flaw in the products at Karatbars International MLM
The scary truth behind this gold mlm business, other than the nonsense binary comp plan is, are you ready for it?…
They are selling their gold bars for around 33% ABOVE the average market value!
Just let that sink in for a second.
You will understand very quickly that with a maximum of 20% commissions and 33% over price the Karatbars International MLM is better off in the junk folder compared to other better opportunities.
KaratBars international mlm ultimate goal.
According to the company this is what they want to accomplish
“Contribute to the financial security of each and in every country worldwide”
Which is great. Nothing wrong with that.
Is KaratBars a scam?
No, its a legit company that just has horrible structure and low pay outs.
How to build KaratBars or any other MLM?
If you are serious about joining this gold mlm, then you may want to learn how all the top multi level marketing gurus are building their businesses. This will help you create the best income and success possible.
The way that you follow in the footsteps of the best is by learn how to generate your own network marketing leads.
How do you do that?
It’s very simple, all you have to do is understand and apply what is called an attraction marketing system.
This is a system that sucks leads from the internet into your primary marketing business or website creating sales on autopilot for you. To get started using your very own attraction marketing system Click Here .
Thank you for reading this blog post about “Karatbars International Mlm review” I hope it helped you.
P.S… Visit www.justinleontemple.com for more marketnig tips + 101 FREE blogging tips that will change your MLM sponsoring forever.