July 8, 2020
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You are most likely here and reading this article because someone told you about an opportunity to work from your home and you asked yourself…
Is Abundance Network a scam? Well, to put you out of misery… kind of...
But we need to dig deeper into that to know the facts about it. And so, is this a legit opportunity to make money from home and ditch your career?
The rest of this Abundance Network review is going to answer that question along with photos, videos, and the pros and cons that go with it so you can come up with the right decision.
The overview and rankings
Name: Abundance Network
Founder: Jeff Long
Type: SMS MLM
Products (Including Pricing): 2/100 ($100)
Success Stories: 2/100
Price To Join MLM: $200 + $697
Summary:
Abundance Network is an SMS and voicemail system MLM company where people can join and become members to earn commissions from their recruits.
The company had gone through a number of ups and downs as well, which is normal to MLMs.
Make Time Online Rating: 3 out of 100
Recommended: No
Abundance Network is an Multi-Level-Marketing text messaging system that uses AI for its SMS technology.
It’s all about generating leads using the voice messaging and SMS service of the company. There’s not much to know about them because there literally is no information about their site or any press release that talks about what they offer.
Here is a 10-minute video that shows what Abundance Network really is...
What’s in their site is nothing but an affiliate login form and the terms and conditions of joining their program.
I read through it and noticed that they referred multiple times to Autom8tion, which is a company owned by Jeffrey Long and is based in Utah.
Jeffrey Long is the founder of the Abundance Network.
He has had a number of experiences with MLMs, just like when he founded AutoXTen in 2011 which collapsed due to unknown reasons after a few years.
He then started SMS Dailies, another company that soon again failed. Then in 2015, he launched Get Paid Social, which is basically a system that spammed posts on Facebook.
It soon stopped operating because of it being labeled as a pyramid scheme. But then, he still didn’t stop and started 1 Online Business, another social media company which was modeled after a pyramid scheme.
It got closed and he promoted Luvv, another one of his endeavors, which again, was dismissed as another pyramid scheme. He founded NewU Financial in 2019 but still was a scam...
Yes, Abundance Network is a pyramid scheme.
Their members can’t earn any money if they don’t recruit people. But a more fitting and specific question to that is… Is Abundance Network a pyramid scheme in disguise?
A pyramid scheme is a company that is paying members for recruiting other people into the company.
This is the main focus of the business operations instead of selling an actual product and service.
Countries around the globe have already banned these as it’s impossible for all constituents to earn money from a company that’s only paying for recruitment.
See this diagram from Wikipedia below to learn why...
Members who make the most cash are those who sell the idea of a “business opportunity.”
But if you were to check out the diagram closely, you can see that it is impossible for all members to earn from a system such as this because you’ll just be running out of members to recruit.
Know more about these so-called pyramid schemes in disguise in this 5-minute video...
Let's then know more about why...
Sadly, it is very hard to see success from an MLM company such as Abundance Network.
Statistics even state that between 72.5% and 99.9% of MLM members lose money.
This is happening as MLMs have a “sales quota” where members can only stay active and receive commissions once they sell a specific number of products monthly.
If they can’t, then they buy the stuff themselves just to stay active. This leads to members losing thousands of dollars from their own savings before recruiting a single person into the company...
Abundance Network works by selling SMS and voicemail services.
However, this isn’t an actual product or service because all you have to do is signup to gain access to the system. And the only way to do earn is by recruiting.
But still, it sounds like a win-win situation to some, not until you know that the company is saving huge money because instead of them undertaking marketing campaigns, they just let their members do all the advertising.
Before confirming if that’s really the case, let’s focus on...
If you are really interested in becoming a member of the Abundance Network, then it’s best that you learn about their products.
This way, you’ll know what you’re getting yourself into.
However, the thing with Abundance Network is that there’s really no offered product or service here, aside from the opportunity of earning money from the commissions you make once you’ve recruited people.
But I’ll try my best to describe this supposed “product” of theirs:
It’s because of the fact that they don’t have any product or service that makes them a pyramid scheme...
Take note, though, that there are multitudes of other brands out there that have the same business mechanics as Abundance Network.
A few of the most notable MLMs are:
All of them claim to have an innovative product that isn’t present in other companies, when in fact, they’re just offering the same stuff...
You can check out this 5-minute video to see what their SMS product really looks like:
Now that you know their product...
You are going to have a very hard time earning money from Abundance Network.
There are some who do, but they work day and night, even more than sales managers. And for what? For payment that’s lower than minimum wage?
They don’t even have an income disclosure to prove that their members are making money...
There is only one way to make money from Abundance Network. And that is by:
Recruiting members into the company.
This is another very clear sign that there’s something fishy going on here, and that it’s an outright pyramid scheme.
You need to pay a hefty $200 to become an official member of Abundance Network.
However, that only means that you’re a basic member. In order to become a Master Reseller, as what they want to call it, you have to pay a massive $697.
They say that you can make more money if you become the latter because you have access to more numbers...
I calculated the costs you are going to incur for a year, and this is what I found:
$200
$697
Minimum costs for year 1 = $897
And that’s before you add up the other costs for training and promotional expenses like gas, travel, food, and other miscellaneous costs...
MLMs have confusing compensation plans.
The same goes with Abundance Network. Don’t you worry, though, as I’ll simplify it to the best of my capabilities…
Their compensation plan works by having their new affiliate members gift $100 to current and existing members.
So basically, newer members provide a $100 gift to their recruiters, and the latter then provides another $100 to the one who recruited them.
Simply speaking, the $100 just goes up the ladder, much like a pyramid scheme.
There’s really nothing much to say here, apart from the fact that this is an outright scam.
Confused still?
Well, I understand because even though their compensation plan is simpler compared to other MLMs, it’s clear to see that they’re just deceiving their members and promising payment even if the money they are earning is just recycled cash from the pyramid.
There’s only just 1 thing to do, and that is by:
Recruiting members
Anyways, you can check out this 7-minute compensation plan video below to learn more...
So...
I don’t normally conclude this in my reviews, but in Abundance Network’s case, I can clearly say that this is a scam.
They don’t sell any real or legit products and services, and their business model and compensation plan are just simply flawed and riddled with all the signs of a scam!
The remaining section of this review will reveal the facts about this company so you can come up with an informed decision if this is for you despite all the clear signs of it being a scam...
Just to be fully transparent with you, I am not a distributor myself and I do not endorse it in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn how to “Spot an Online Marketing Scam” then click the highlighted text.
Tired of MLMs? Check out how I make money online here!
I hate to say this, but there’s really nothing nice I can say about Abundance Network...
Key Terms:
First off, is that there is no real product or service offered.
Although they have an SMS and voice messaging system, if you dig deeper into what they really do, you’ll see that it’s just made for recruiting members into the company.
There’s really no point or any value offered by it, neither.
You have to pay $200 or $697 just to become a member.
And for what?
To gain access to the SMS system which allows you to just contact as many people possible and waiting for them to come, hear your sales pitch, and become recruited, and only to do the same thing?
That’s just plain wrong, based on my own perspective...
Jeff Long, the founder of Abundance Network, had a series of misfortunes with all of his businesses. Because all of them are downright pyramid schemes! He’s had 6 other businesses previously, all of which have been closed because they’ve been dismissed as a pyramid scheme scam.
They are:
AutoXTen
SMS Dailies
Get Paid Social
1 Online Business
Luvv
NewU Financial
The only way you can stay active in the company and earn commissions from the recruits is by, well… recruiting!
Check out the diagram below to know more about what I'm referring to:
You need to sell the idea of a business opportunity to unsuspecting people and then waiting for them to discover that there’s really nothing nice about the “business opportunity” that they’ve grabbed.
I checked Google Trends, and I wasn’t surprised with what I discovered…
As you can see the trend for Abundance Network is going down. This means that there are fewer people searching for the company on the internet, which again is going to make it harder for you to recruit.
I even compared it with Farmasi which is another notable MLM and you can see the gap between the two.
It’s plain to see that there’s nothing nice you can get out of Abundance Network.
They don’t sell any product or service, and their business opportunity is just not good. There’s just no value with whatever they are offering.
So it’s just a no for me...
The only way you can make money is by recruiting as many people as possible.
And that’s if you can recruit! In no way does this sound like a legit business model to me.
You’re just selling the dream of becoming rich by being a member and then leaving it up to your recruits to discover the fact that they’ve just been scammed.
MLMs are not scams or illegal. However, I'm not a fan of them because of the restrictions to the expensive products you have to promote.
Once I learnt about affiliate marketing, I realised it's a far superior business model because:
In 2018 I had no idea what affiliate marketing was.
But I went from a full time PE teacher to making a passive income online within one year...
If you want to discover how I did it then check out this special video I created which explains exactly how. You can also get your free 7-day bootcamp to get started.
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