SYNERGY WEALTH SYSTEM Business Summary and opportunity review.
The SYNERGY WEALTH SYSTEM investigation revealed a costly adman fee structure as well as a limiting payout structure.
SYNERGY WEALTH SYSTEM is managed by Alex Minors. SYNERGY WEALTH SYSTEM provides downloadable software in their web site which is basically marketing and personal development software similar to other businesses we have reviewed here in the past.
They do offer some training. SYNERGY WEALTH SYSTEM was created first using post card marketing then, in late 2015 they started online marketing as well. SYNERGY WEALTH SYSTEM is designed for people who have a money to spend on marketing to get started. Their entry level is at $200. It is administered using a tracking software system.
SYNERGY WEALTH SYSTEM Review costs / expenses
SYNERGY WEALTH SYSTEM is designed for people who have a lot of money to spend to get started. Their entry level is at $200. The adman fee is always 25% of whatever level you bring someone in at. So, clearly, the adman is making sure that they are getting well paid here. They make it a point that they are paid first. It may be difficult at times to reach the other 3 member to make sure they are paid so that they can clear the new member in once the 4 payments are made. This can be tricky. We feel this is one of the more costly adman fees structures we have ever seen.
Many members seem to use telephone call blasting plans each week. With this approach you will have to buy phone numbers to call as well as the charges to make the calls. The weekly cost to phone blast using this method can quickly climb to over $300. each time. This approach requires you to consistently do this each week in the hope of attracting new members. Another approach they use is to do post card mailing, which again runs into very high costs.
So, be prepared for this cost. Without this there is not much hope of success. Keep in mind that marketing will easily run into the hundreds of dollars and if you are in the 200 level, your take on that is only $50. So, you’re going to have to bring in a whole lot of people just to possibly break even. We would not count on other members to bail you out with their efforts. Just too risky, we think.
SYNERGY WEALTH SYSTEM business Advantages
The SYNERGY WEALTH SYSTEM business has the freedom of using any marketing and promotion they wish. Their products may be of help to some people but it seems most members are not really interested in products, instead are interested in hopefully earning money. Any income you earn can be delivered to participants via FedEx, UPS or DHL.
SYNERGY WEALTH SYSTEM Business Disadvantages
The SYNERGY WEALTH SYSTEM business is very dependent on the help of your inviter, without direct support most people will flounder unless they already have experience. So, make sure the person who invited you knows what they are doing and can be depended on to help you when you need it. Our analysis shows that without a truly innovative marketing method in place SYNERGY WEALTH SYSTEM business becomes a poor choice for our members. Very high adman fees here too.
SYNERGY WEALTH SYSTEM Review Compensation plan
The SYNERGY WEALTH SYSTEM business has 4 levels of participation: $200, 400, 1000, & 3000. Its payout system is set up so that you only receive 25% of the level you are at. You have to split the levels with 3 other people, including the admin for the company. This means you are going to have to rely on other people to do that part. This may sound good in theory but in practice are research is that most people don’t do their part. This is not an ideal way to go. Keep in mind that you will have to do marketing which can be costly then have to split with 3 other people any monies you bring in, Your expense’s are not split , that’s all on you.
SYNERGY WEALTH SYSTEM Review Support provided
SYNERGY WEALTH SYSTEM business does provide some marketing materials or training which may be of some use. If you join this program, make sure you are working with a strong mentor and team with great marketing tools. They claim that this is a simple business. Our analysis left us feeling very concerned that SYNERGY WEALTH SYSTEM business did not have any real innovative marketing support beyond standard approaches.
Successful Duplication Ranking:
The level of success in SYNERGY WEALTH SYSTEM business will largely depend on what group who sign up with as this business is made up with various independent groups. THE QUESTION is …will your group to it’s part here? You’re going to have to bank on that happening for this to really work. Make sure you are well funded to endure the slow times as you seek others who can hopefully afford to join you. While this does not always spell failure, we feel that there are probably better options out there but certainly you could do much worse than here too.
SYNERGY WEALTH SYSTEM Review / Word on the street:
While this business has not been online very long, it’s future reputation will depend on the success of its members success or failure. Since SYNERGY WEALTH SYSTEM ’S business structure is a close clone of other existing businesses and these other business have been on the street much longer, we, then have reservations as to how this business could fare any better? Most new member DO NOT join at the highest levels.
Final Analysis / Recommendation:
SEE RECOMMENDATION AT BOTTOM
The SYNERGY WEALTH SYSTEM business has a very high adman fee structure and the compensation plan only pays out to you at 25% of what you can get elsewhere for the same efforts. We don’t think you can depend on other members do contribute enough to make up the difference.
We feel this business probably needs maturing and we’ll wait and see if it survives the test of time. The SYNERGY WEALTH SYSTEM business should only be considered if you have a strong background in Internet marketing as well as the funds to pay for reliable marketing costs you will endure.
Again we feel that there are many suitable alternative businesses which have significant advantages over this business. However if one wishes to avoid the anxiety associated with the direct selling approach so common with legitimate businesses yet still insist on having a legitimate business model that offers a reasonable opportunity for success for most people then, your options will certainly narrow.
We can easily direct you to a host of companies that we have reviewed in the past which provide quality products. However, this always involves substantial expenses for your inventory or to auto ship your products each month.
If you truly want to avoid these issues then three businesses which we favor and can be viewed on our recommendations page because they have all the benefits of an independent home business but with none of the negatives associated with gifting programs as well.
They are: Passport To Freedom, People’s Concepts Inc. and IWIN. Of these 3, the IWIN business has to be considered the stronger of the 3 for several reasons. One being they offer lower levels of participation which are more attractive to the masses and yet with very low expenses. They offer possibly the best marketing / teaching system that we’ve ever reviewed for the average person. Additionally they offer a robust compensation plan which is among the top in the industry, including residual income. In fact in an earlier review they earned our coveted “5 STAR TOP BANNER” award. You can visit their site by clicking here.