my business webtalk review
webtalk business model
hello guy's how are you doing, greeting from singapore. I just found out a new business model that very interesting to me. It's company name Webtalk. so what is webtalk??? here is my quick review about this company guy's talk a look who know it's catch your interest and we are being a business partner
The product is a social media platform similar to the Facebook platform where you can add friends, share photos, send messages, etc but with limits. You can actually join WebTalk as a free user but you will be limited to 50 contacts. WebTalk also offers premium membership as well that offers more limits depending on what level you join at.
Here is a breakdown of each level that you can join WebTalk with the limitations:
Pro Level (the cost is $20/mo. or $200 annually) – This level is limited to 500 contacts, 5 messages a month to non-connected WebTalk members, 5 email messages, no banner ads and see who viewed your profile
Pro Plus (the cost is $30/mo. or $300 a year) – This level is limited to 1000 contacts, limited to 10 messages per month to non-connected WebTalk members and 10 email messages
Pro Platinum (the cost is $40/mo. or $400 a year) – This level has unlimited contact level, you are also able to view profiles incognito without them knowing, able to search for members using age and gender search parameters, you can send 20 messages a month to non-connected WebTalk members and 20 email messages per month.
Yes, they also offer a retail aspect to the business model which is a great thing since it is an MLM. The platform being used for the retail side of things is what they call their EngineCPX. With that said, let’s move on to the next section.
WebTalk Compensation Plan Breakdown
In this section of the review, we are going to cover information on the compensation plan that WebTalk offers and how you can earn money with it.
Just like the retail sales part of sales, the platform they are using to manage the affiliate members and sales is called SocialCPX.
The way that you can earn money with WebTalk is through retail sales of the monthly memberships and also on advertising fees.
Here is a breakdown of the commissions that you can earn from WebTalk:
10% of premium monthly subscription costs that are paid by your personally sponsored WebTalk affiliate members will be paid to you in commissions.
10% of any ad spend that is done by your personally sponsored members will be paid to you in commissions.
10% of any advertised local services that are purchased by your WebTalk members will be paid to you in commissions.
2% to 9% when a product is purchased through the WebTalk news feed will be paid to you in commissions.
5% of all app subscriptions sold via the internal app store will be paid to you in commissions.
WebTalk also offers residual commissions through a unilevel MLM compensation plan structure.
The way that the unilevel plan is structured for those that don’t know is through levels.
Here is a quick breakdown on how your team is structured when they join as an affiliate member:
1st Level – This level of your unilevel plan will only have your personally referred members on it.
2nd Level – This level of your unilevel plan will only have members that your personally sponsored members refer into WebTalk.
3rd Level – This level of your unilevel plan will only have members that your 2nd level members refer into WebTalk.
and so on…
There is a kind of twist to the number of members that can participate in the residual commissions.
The claim that the company makes is they are only offering the residual MLM commissions to the first 1 Million affiliate members that join the program.
That would mean that the last few members would be left out which is kind of a crappy deal in my opinion.
I do understand that 1 million is a huge number when dealing in MLM so maybe they are just using that number for scarcity marketing or fear of loss.
Additionally, your own subscription is not counted toward these numbers.
With that said, the description that the company website offers is that they offer 5 levels of unilevel commissions that pay a total of 10% from each level.
That is all there is to the WebTalk compensation plan, let’s move on to the next section.
In this section of the review, we are going to cover some questions that people may have when thinking about joining WebTalk and answering those questions.
Is WebTalk BBB Accredited?
No, WebTalk is not accredited with the Better Business Bureau.
However, this is not a determining factor for a company being a scam or not.
I usually refer to the information provided on the BBB for an additional resource for my reviews.
With that said, there was no additional information listed on the BBB.
How Much Does It Cost To Join WebTalk?
The cost to join WebTalk is going to be free for the majority of members which will not offer any affiliate commissions.
If you wish to join as a commission’s qualified member they do offer a premium monthly subscription starting at $20 per month.
They offer 2 other levels that you can find in my products section of my review located above.
With that said, many of you have been waiting for what are the results in the next section which is…
Is WebTalk A Scam?
Is WebTalk A Scam
No, WebTalk is not a scam.
However, I do have some thoughts about this company and overall business model that I will get into in my final thoughts below.
Related articles: MLM Company Reviews, Scams, and Compensation Plan Breakdowns
My Final WebTalk Review And Thoughts
In my final section of this review, we are going to talk about my final thoughts about the WebTalk opportunity.
Now, I am sure that there are many people excited to take full advantage of what WebTalk offers because it sounds so appealing when you first think about it.
Which is what I thought at first as well.
But after really thinking about it, and breaking down my own review I kept thinking to myself who would keep up a subscription payment for a limited amount of contacts or even at the highest level you still encounter limitations in some aspects.
I understand that many are excited about it, and think that the contacts or members that sign up will be super targetted which might be the case but you are still limited.
I asked the question…
Why would I join WebTalk when I can join Facebook, or even Twitter, build an unlimited following using some techniques to target people that are in my market, and market to them as much as I want to for zero cost?
I honestly see the short term value and excitement someone can have, but when the recruitment stops or the interest slows down since everyone in the world is on Facebook and other social platforms, I don’t see the long-term value.
But hey, I could be totally wrong on this one!
With that said, here is the question…
Would I recommend or join WebTalk?
I personally would not recommend nor would I join WebTalk.
The reason being is that I see a TON more value that you can get from Facebook and other platforms starting right now for free when comparing it to WebTalk when you are wanting to make money online.
With that said, I hope you enjoyed my WebTalk review. one last word if you would like to join me in webtalk just click here
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