vCard Global Review – But I’m Not Promoting It!

vCard Global ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping vCard Global all over the place, including a lot of social media.

Has someone already pitched vCard Global to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my vCard Global Review so you can discover the truth for yourself!

Have you hear that vCard Global is a scam?

That vCard Global can’t deliver on it’s promises?

I will tell you all about it in my Review of vCard Global.
Let’s get started.

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Exactly what is vCard Global?

vCard Global describe their main product (alongside the MLM opportunity) as  ‘the world’s smartest business card’. The business was incorporated in 2015 but has only just recently announced this latest scheme. With headquarters in Florida, the President of the company is a man named ‘Steven Hoffman’ who, according to his online profiles, has a track record working with investment products since 2009 (including financial consults, debt reduction and credit restoration services). His previous experience in MLM includes one called ‘Preservation of Wealth) that he setup in 2000 and claims made $1.9 million worth of sales in its first 90 days, although it appears that this opportunity (based upon selling gold and silver) collapsed towards the end of 2014.

vCard Global Scam

Are There Any vCard Global Products?

vCard’s ‘smart business cards’ are the central basis of this opportunity. They are hosted online and available to view through any internet-connected device through ‘123look.com’ and ‘vcard.bio’ and, while the card itself is free (and is made up of a logo, phone and email details, a photo and address details), you are required to purchase a ‘vCard Pro’ subscription to make best use of its functions.

With a fee of $99 per year, the vCard Pro improves the card to feature the following information:

  • A personalized video
  • Social Media links
  • ‘important links’ to your website
  • being able to link a resume or bio to your profile
  • add more photos
  • product and service promotion
  • personalized coupons
  • an events calendar
  • various statistics on vCard views (including traffic and user data)
  • a marketing QR code

They also provide an app for smartphones that allow you to manage your account.

Can You Tell Me About The Compensation Plan For vCard Global?

Affiliates of vCard Global earn commission when subscriptions to vCard Pro are sold. Affiliates are ranked based upon certain criteria, and this rank determines how much your are able to earn. The five affiliate ranks are:

  1. vCard Affiliate – to achieve this rank you are required to have bought a subscription to vCard Pro (for $99 per annum) and a one-off affiliate cost of $25
  2. Marketing Affiliate – to achieve this rank you are required to have introduced at least two affiliates to the opportunity and have at least six affiliates within your downline
  3. Executive Affiliate – to achieve this rank you are required to have introduced at least three affiliates to the opportunity and have at least thirty affiliates within your downline
  4. Regional Affiliate – to achieve this rank you are required to have introduced at least four affiliates and have at least one hundred and fifty affiliates within your downline
  5. National Affiliate – to achieve this rank you are required to have introduced at least six affiliates and have at least three hundred affiliates within your downline

There are 4 methods through which affiliates can earn, with the amount you earn depending on your affiliate rank with vCard Global. These are:

  1. Retail Commissions

Retail commissions are earned by affiliates for selling the vCard Pro subscriptions to retail customers. The commissions paid are:

  • vCard Affiliate – No commission per subscription sold
  • Marketing Affiliate – $15 per subscription sold
  • Executive Affiliate – $30 per subscription sold
  • Regional Affiliate – $40 per subscription sold
  • National Affiliate – $50 per subscription sold
  1. Recruitment Commission

Any affiliate who recruits five more affiliates within their first thirty days of joining will receive $100 commission. When recruiting a new affiliate, you will also receive the relevant ‘retail commission’ per signup.

  1. Residual Commission

vCard Global use a unilevel structure model to calculate the residual commissions. A unilevel structure works by placing the initial affiliate in the top position of a grid. Each personally recruited affiliate is placed in a position directly beneath the first affiliate. This forms level 1. Any affiliates recruited by members on level 1 will be placed in a position directly beneath them, and this forms level 2. Level 3 is created from affiliates recruited by level 2 affiliates, and so on. Theoretically there are an infinite number of levels this can reach, with the only limit being the ability to recruit new affiliates.

So how does this translate to earnings?

Each time a vCard Pro subscription is sold, $50 of the cost is reserved to pay as commission. Your affiliate rank decides how much of this $50 you will receive:

  • vCard Affiliate – $0
  • Marketing Affiliate – $15
  • Executive Affiliate – up to $30
  • Regional Affiliate – up to $40
  • National Affiliate – up to $50

It works like this. The $50 commission goes up the lines of the unilevel structure to the first affiliate who is eligible to receive commission. Let’s say this is the person directly above the affiliate who made the purchase. This person will receive the amount related to their rank, so if they are a Marketing affiliate they will receive $15. This leaves $35 still to be paid out, so it continues to go up the unilevel model until a higher ranked affiliate is found who then receives their amount. If this is an executive affiliate, they will be paid $15 (because $15 of their $30 has already been paid out) and the remaining $20 will be passed on- this process will continue until all of the commission has been paid out.

  1. Matching Bonus

The matching bonus that vCard Global offers gives affiliates a chance to earn based on commissions that are earned by those that they have personally introduced to the opportunity. An affiliate’s rank will affect how much they can earn through this method with vCard Affiliates earning 20%, and Marketing Affiliates or higher earning 10%. Upon reaching the rank of a National Affiliate it is possible to earn ‘stars’ based upon performance (such as recruiting other National ranked affiliates). These stars enable National Affiliates to increase their matching bonus percentage back to 20% (which would require the recruitment of ten new National rank affiliates).

What Is The Fee To Join vCard Global?

Membership is available for $25 per year, although for affiliates to earn commissions via the MLM opportunity they are required to have paid the subscription for vCard Pro which currently costs $99 per year.

Is vCard Global Truly A Scam?

If you’ve been doing your research on vCard Global, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is vCard Global a scam, or can you make a legit business with it?

To be honest, I am not sure vCard Global is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My vCard Global Conclusion!

The validity of the vCard Global scheme really comes down to whether the vCard Pro subscriptions are worthwhile. If retail customers are happily buying this for their business needs, then there will be a decent level of income being generated to payout to affiliates. If, as suspected, the only people that are buying these vCards are affiliates themselves then we encounter a problem because this means the company is, in practice, nothing more than a pyramid scheme. This notion is backed up by the fact that affiliates are required to have purchased a subscription to the product to become eligible for commissions. The commission of $100 for signing up new affiliates within thirty days of joining (as opposed to sales to retail customers) further supports the idea that the focus of sales of the product are, in fact, the affiliates themselves. To support this suspicion even further is the fact that nowhere in the promotional material does vCard Global seem to be encouraging the sales of vCards to customers without them also becoming an affiliate.

This opportunity, then, appears to be funding all payments to current affiliates by the income generated by new affiliates and bears all the hallmarks of a pyramid scheme. Sure, the people near the top stand to make a great deal of money out of this but, as with all schemes like this, the people with lower positions risk experiencing a difficult time. When the recruitment of new affiliates dries up, which will inevitably happen at some point, there will be no funds in the system to pay out to everyone else and the scheme will collapse. Be careful, because when this happens if you have not made a return on your investment then you will lose out.

I hope you have gained a lot of value from my vCard Global Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with vCard Global, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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