Sarah here =) Another review of a product I have tried for you and disliked… Without further ado here’s my complete Profits25 review : what it is, how much it costs, who the owners are, the cons and my #1 recommendation ! Enjoy your visit!
Name : Profits25
Website : www.profits25.com
Type : “online advertising agency”, shared revenue module
Created in : 2013
Owners : not specified
Support : awful
Why Not Join?
- too many complaints
- no clear information on the company’s owners and purpose
- too many people haven’t received their debit card
- too many people have been waiting for their payments for months, sometimes up to a year (including me!)
- it’s not really MLM, you don’t sell anything of value… you just recruit people who, by joining the program, will pay for the people who entered it before them. This system is called a ponzi and you can read more about ponzi schemes here
Who’s Behind Profits25?
I should have done my research before writing this review, I know. But hey, you learn from your mistakes, right?
You will not find much information on their website. There is no “about us” page for the company or the managers, which you have to admit is quite strange. Or not exactly reassuring.
A serious company must show some transparency. Try googling famous companies and look at their “about us” page. On Profits25 you have no idea who you are talking to and even when you attempt to contact them through their “support” service, they will either not get back to you at all or their answer will be in an approximate French full of spelling mistakes. -_-
Here’s the only information I could find about the company :
Support Venture Ltd The Hub, Suite 003, Triq San Andrija, San Gwann Malta Trade register number: C 56318 - Malta © Copyright 2013 - 2015 Support Venture Ltd - The Hub, Suite 003, Triq San Andrija, San Gwann Malta
No CEO name, no history of the company, no why they’re doing this, nothing.
How Much Does It Cost To Join?
This part was very transparent though =). It will cost you €50 to get started. To access the module you will need to invest in at least 2 advertising coupons, each worth €25.
What Does The Program Consist In?
Profits25 offers the members to purchase advertising coupons and earn money every Friday by clicking on ad banners. These banners are supposed to be Profits25 partners that have supposedly paid a certain amount of money for people to click on their banners. These clicks are said to improve their ranking on search engines. Which is absolutely not true by the way ^^
As you click on these ad banners you’ll get messages such as “this site has no connection with Profits25”. Then some links are broken and you don’t even know what you’re clicking.
The banners page looks really cheap to me and screams “scam alert!”, don’t you think? Plus, if you take a closer look at Profits25 partners you’ll realize they all have an affiliate program, which means that if you go on and purchase something on their websites, Profits25 will earn a commission =) Thanks to you !
Can You Earn Money?
So what about the earning process? Let’s assume you could become rich with Profits25, ok? The truth is it will take you a long time to get a high return on your investment (except if you’re willing to invest €10,000 in the first place!)
If your initial investment is $50 and you do not make any or enough referrals, I hope patience is one of your qualities. Profits25 also offers a sponsorship program that allows you to earn commissions on the purchase of coupons by your affiliates. The more affiliates you make, the more commissions you earn and the more additional coupons you can reinvest in. In order to make affiliates you are going to have to recruit massively, by praising the program =)
You will (in theory) earn commissions paid out down on four levels of recruitment :
- level 1 (personally recruited affiliates) – 10%
- level 2 – 5%
- level 3 – 3%
- level 4 – 2%
Obviously, the more coupons you have the faster you will generate money. I can not speak for other Profits25 members – especially for those who joined the program in its early days and are terribly rich – but I can tell you this :
I invested 150 euros in early February 2015 and have not made many referrals (not a huge fan of the concept), 7 in total. My total virtual earnings are as displayed in the above screenshots.
Almost 12 months later : my initial coupons + the commissions I earned from my ridiculously small downline and my reinvestments in other coupons generated € 26,180. It sounds like good money but it’s just virtual.
I am, to this day, waiting for €8099,57 in withdrawals and I have accumulated €13 941,66 in residual due income.
When I enrolled, Profits25 offered several withdrawal options but as time passed, I would read more and more complaints from people who were unable to use one or the other payment methods. I had gone for the mastercard debit card. The latter took what felt like a lifetime to be sent and turned out to be the only way to actually see your money. Or not =)
Is The Whole Thing Legal?
I believe my instincts warned me when I joined Profits25. Always trust your instincts!! My feeling of uncertainty at the time probably meant I already knew Profits25 was not legal. Or at least not a safe place to invest my money in… Actually you know what, I think it shouldn’t be legal. Just because it says it’s legal on paper doesn’t mean it’s normal for people to invest money without ever receiving a return on their investment. If I wanted to lose money I’d gamble!
I decided to do some research (I should have done that prior to joining I know! lol) and I came to understand that what makes Profits25 legal (for now) is their “advertising agency” cover. Without the concept of advertising coupons, Profits25 simply may not exist and would even be prohibited. Smart guys, these con artists!
But legally speaking, Profits25 is an MLM because it sells “something” (the advertising coupons).
Profits25 has undoubtedly generated a lot of money for some but I think most members have either not received their debit card or simply can no longer withdraw their money. Like me ^^
Sooner or later, there will not be enough people to pay for those at the top and the whole structure will collapse. The unknown founders of the concept will vanish with your money, leaving you frustrated, ripped off and for some broke. And they will start all over again with a similar ponzi scheme, hidden under a different name.
Here’s my recommendation : before you join any program watch out for the below signs :
– When you have no idea who runs the company…
– When support is terrible or inexistant…
– When you start having difficulty withdrawing your money…
– When you read countless complaints about a company…
Chances are you are dealing with a scam and someone at the top of the pyramid is going to run away with your money.
My 1# Recommendation
It took me almost a decade to find the one thing that worked. It’s not MLM, it’s not a get-rich-quick scheme… It is simply an online community and training program, where you will learn how to make money online, the proper way. The way that works. The platform will give you tools, support, training and a wide community of helpful and successful people. This place is called Wealthy Affiliate and I would recommend it over any other program online.
Basically, Wealthy Affiliate is like an online university where you can learn to build an online business through step by step courses. It is free to join and you will meet people there who have actually worked their way to the top. You will also have access to tutorials, marketing tools, 24/7 support, website hosting and all that will allow you to build something that will last over time.
Comparison Table Wealthy Affiliate vs Profits25