There is so much hype on the internet that you can start an online business from zero with zero. Lets review SFI or Success Future International. The largest MLM Network in the world.
Is the worlds No1 MLM network a scam?
Forget whatever else you have heard or read. Online businesses that make money need you to invest both time and money.
It may not be a lot, but to get anywhere you require a little of both, 99.9% of the time.
One popular online business that is free (to start) and, can be free for the lifetime of your membership is Success Future International, or SFI.
The Worlds Largest Affiliate Network
Price: Free.
Owner / CEO :- Gery Carson
Affiliate Network and MLM
Overall Ranking : 6.0 / 10
Reviewing this is hard. Where to start ? . Everything points to making money, but there is a lot of How and How much, to shift through.
It covers just about everything. Except Porn.
It gives 4 main reasons to join.
- Clean, simple, generous, and fair!
- No purchase requirements…ever!
- Start earning income immediately just by doing simple free actions!
- Multiple income streams!
It was founded in 1998 by Gery Carson with one product, and it has expanded to become the Worlds largest Affiliate Network on the internet.
The about us page tells us the following.
Quote” SFI was created to allow anyone with a computer and Internet access the opportunity to tap into the worldwide e-commerce revolution.
Anyone of legal age in his or her country can become an SFI affiliate for free by filling out an online registration form.
**There is no obligation or purchase requirements of any kind.**
Once registered, affiliates are provided with professional Websites for marketing SFI’s products on the Internet.
SFI also provides all necessary sale support services, such as customer service, payment processing,
and product shipment – all at no cost to the affiliate. For each sale generated, SFI pays the referring affiliate a commission.
Additional commissions can be earned by building and leading affiliate groups.” Unquote.
There are 5 main ways to earn income with SFI.
Its flagship product is Triple Clicks where you can list and sell products, collectables or unwanted items, from anywhere in the world.
(E-Bay ) ?.
By promoting the products on triple clicks affiliates can make “handsome Commissions”
Its compensation plan includes Direct Commissions, Co-Sponsor Commissions, Team Overrides, Vendor Referrals and Bonus Benefits.
It works something like this. Say you sold these Microfibre Cooling Towels.
A basic run down. To understand the SFI Compensation Plan, you must first understand CV (Commission Volume). Every product at TripleClicks.com has a CV value. This value is determined by the product’s profit margin. The higher the margin, the higher the CV. A product’s CV is the maximum amount that can be paid out in commissions for that product.
The payout works like this.
From Direct Commissions (For all your Personally Referred Members (PRMs)
- Earn 52% of CV on their purchases
- Earn 100% of the VP on all their purchases
- Earn 1 Rewardical for every 10 they earn
For all your Personally Sponsored Affiliates (PSAs)
- Earn 20% of CV on their purchases
- Earn 1 Rewardical for every 10 they earn. .
Talking another Language
A CV is Commission Volume.
A VP is Versa Points.
How much are Versa Points worth. Not much!, 658 Versa Points is about 0.62 cents.
A Rewardical is? It is Better explained here. It has some good concepts and probably many people do get behind this sort of promotion.
The Training
SFI has a large block of training but essentially it comes down to you referring people or businesses and them doing the same, you earn income from what they purchase through Triple Clicks or bid at Auctions or spend Playing Games which is also part of the Triple Clicks earning system. All of these tools are designed to lighten your wallet. You swap dollars for points.
If you don’t really care about any of that, then just go shopping.
With something like 100,000 products you can either bid or buy now.
The Pros of this MLM
The Worlds largest affiliate network. It has been around for 20 years.
Totally legitimate.
It can be fun
It offers physical products Bids, or Buy now.
You can earn while a free member
If you like games. They have plenty.
If you have a store you can sign up and your products will be listed with SFI
It has partnerships with Shopify, Etsy, WooCommerce and Amazon stores.
Auctions
Great for a brick and mortar business with an online presence.
Commissions on sales can be as low as 1%
The Cons.
To make money you need to refer people who are going to put in some effort, and spend money.
The payout structure is minimal and you need a lot of sales to make a few dollars. Note:- The charges (if you have a online shop listed) are about 5% of the sale price. So it is balance thing, can’t pay what you haven’t got.
A lot of information on the site can leave you feeling overwhelmed.
It can be expensive. Auction bidding and games are more like gambling
The training is there, (sort of), It is more telling you how to spend money.
No website building tutorials.
Constant emailing of downlines to keep them motivated.
Conclusion
Is it a scam? No. But.
It is hard to see how anyone but advanced marketers and networkers with their own internet presence can make serious money with this. If you want to stay a free member the chances of making money are slim.
It has some good unique systems, but it seems more like a distraction, something to play with on a rainy day. Read a few rules, put some money in and go bidding or playing poker.
Nothing wrong with that if you keep within your means.
It has a Huge overseas membership. There are some cultures (and people), who have a firm belief in MLM and work religiously at becoming a success with it.
Support looks good
Lots of Goal setting targets to get you to advance up the stages of which there are 7.
My Rating. 6.5 out of 10.
For those seeking something more serious I would suggest this.
If you want a free website go here.
Michael.
P.S. I have tried to be as fair as I can. SFI has been around since 1998 and to try and keep up they have been adding new ideas, and more tools. There are 5 main ways to earn income and they have a simplified 3 step formula. Really, if it were so easy!. Like the ladder to infinity, alot of steps, some fun on the way, don’t slip.
If you don’t care about any of this then it is an alternative to Amazon, E-Bay etc.
I don’t mind a punt so I signed up. Who knows, I might jag a bargain.
To see more on MLM’s click here.
Disclaimer
Please know that some links on this site are affiliate links, and I am an Amazon Affiliate, if you decide to purchase, I will earn a commission (at no extra cost to you), This allows us to continue to provide information, education and promote ethical business’s. Needless to say, if I promote a product, I make 100% sure that the product works as described by the vendor and is 100% ethical. But it is always recommended to do your due diligence before you invest in anything – after all, it’s your money, not mine.
Thank you for the comments
Thank You Emmanuel.
Hi phil,
Thanks for that.
They have all the bells and whistles now, Pay Pal etc. I signed up under a maths tutor. I imagine he has the compensation system down pat.
It was hard to rate SFI after only being in it for a short time, but mostly it looked Ok and you could have some fun with it.
Hi,
Frankly and excellently summed up, I like the phrase “Forget whatever else you’ve heard or read. Online businesses that make money need to invest both time and money.” This sentence is the key to every success, there is no profit without time and effort. There are only nice and easy ways to invest time, if you do what you love then it is not just a job.
Great review!
Best regards,
MMA Store-Warrior Spirit
I really appreciated this information, as SFI was my first venture into internet marketing.
How long ago? I’m not really sure, but 20 years seems about right, so it must have been close to when they started.
It’s very pleasing to know that they have survived and evolved.
I remember that they seemed a very ethical and honest company, even if their compensation scheme seemed a little over-complicated.
The only thing that didn’t really work for me was that I was in Australia and they paid my commissions in small checks drawn on US banks, rather than accumulating them and only paying when a threshold was reached.
The handling fee on an American check pretty much wiped out the value because the individual amounts were so small.
Presumably they use wire transfers now, so I might give them another go.
Thank you for this information.
Great post and good info.
It seems like a good platform to use, but I will stay away from it.
The reasons are simple: Im using a way better one, and I have a lot of affiliate programs where I make money from.
I don’t like the refer part, so also that is a con size for me.
Anyway, thanks for sharing it.