Hello and thanks for reading my Residual 500 Review
Are you looking for a way to make money online? Many of the so-called gurus make out its sooo easy. But is it? This blog is all about cutting through the BS and really helping people …
With that being said, is Residual 500 a legitimate way to make money online?
Maybe you have already been approached by a Residual 500 affiliate and you now want to check whether the company is legit or a big nasty scam of some sort.
It doesn’t matter because you’ve now found yourself at the best place on the internet to read about the latest MLM opportunities.
In this Residual 500 review, I’ll be taking in an in-depth no nonsense look at the company, checking out their product range and seeing what the compensation plan looks like.
Do they treat their affiliates fairly, or is it all indeed a big scam?
Let’s check them out.
Residual 500 Review– What can you tell me about the Company?
First I checked the domain registrar and found that Residual 500 Review.com was registered on February 25th 2017.
And you know what? There is absolutely no information regarding who registered the domain.
The same goes for their website too. Not an iota of information regarding who is running the show, so they obviously don’t want anyone to know who they are.
Right now I’m tempted to end the review saying “I would not recommend anyone sending their hard earned money to a company that isn’t straight up about who they are and where they are based.”
But for now, let’s carry on …
Residual 500 Review– What does the Product Line-up look like?
First keep in mind that a legitimate MLM company should always have retail products on offer for affiliates to market and sell as well as the affiliate membership itself.
With Residual 500 it looks like they a fogging this over..
There is no product range for Residual 500, just the affiliate membership.
What is included in this membership is a Private Label Rights library and advertising credits.
But this doesn’t cut it with me. I would like to see legitimate retail products on offer for affiliates to market and sell, not freebies thrown in
Residual 500 Review – How does the Compensation Plan Look?
Residual 500 use a 2×6 matrix to pay their affiliates. This is also known as a 6 level binary tree.
If you were to join, you would be placed at the top of a 2×6 matrix with two positions below you to fill. Each of those two positions has two positions to fill and so does each of those .. and so on, and so on, down to 6 levels. At the 6th level, there are 64 positions to fill.
This is the complete compensation plan
- Level 1 – $1 a month per position filled (2 positions in total)
- Level 2 – 50 cents a month per position filled (4 positions in total)
- Level 3 – $1 a month per position filled (8 positions in total)
- Level 4 – 50 cents a month per position filled (16 positions in total)
- Level 5 – $1 a month per position filled (32 positions in total)
- Level 6 – $7 a month per position filled (64 positions in total)
In addition to this, there are also direct commissions to be earned. Affiliates can earn $1 for each individual thy recruit, which is paid down 5 levels of recruitment.
How much is it to join Residual 500 Review?
To get started with Residual 500 as an affiliate, it will cost you a membership fee of $18 per month.
Should you invest in Residual 500 or is it a scam?
What we have here unfortunately is another pyramid scheme where affiliates are tasked with recruiting affiliates who go on to do the same.
The only people who are likely to make any money at all are those at the top running the show and some early adopters who get in early at the top.
Other folks like you and me will most likely lose our money altogether.
If you are serious about building a home based business, there are better MLM companies out there that do offer products and services which you could market and sell as an affiliate.
Sign up in the box to the right so I can show you how.
Well, I hope you found this Residual 500 Review interesting, and as always, if you have any questions, please leave them in the comments section below.
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