With more and more opportunities online, people are presented with more and more chances of earning income from many sources made available.
All kinds of opportunities are provided to people looking out for ways to earn a decent income every month.
Unfortunately, what has happened, some companies make full use of this opportunity to trick people into their income earning programs and only make them spend money.
In such scenarios, many recruitment companies have also been on the rise, require people not to sell products or services but to recruit more and more people and to earn commissions for the same.
One such system that can be called a pyramid scheme is “Digital Income System.”
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DIS seems to be a high-ticket business opportunity that is not considered to be a legitimate program. Many companies in the past have been shut by the FTC and other governing agencies for the same reason.
What Is Digital Income System
Digital Income System is nothing more than a high-ticket business opportunity. It acts only as a pyramid scheme since it requires its members to purchase high levels in the program to earn higher commissions.
They do not have any products or services to be sold.
You only require recruiting more people who would purchase their own affiliate membership through you, and you earn commissions for the same.
Though the website doesn’t give any information about the company or its owners, the Internet tells us that the company was founded by Derek Jones and Bill Foley. They are also founders of another MLM company called Big Profit System.
Some more research tells that they offer digital coaching courses and gives access to a professional call center that helps closing sales for you. And, you can earn a 50% commission from each sale made.
They also have a traffic rotator system that provides traffic to your site but, nowhere does it mention how many sites participate in this system.
Digital Income System seems fishy because it looks similar to two of the famous high-ticket business opportunities, Digital Altitude and My Own Business Education (MOBE).
Both programs were shut down by the FTC and were only considered to be scams.
Though, I cannot prove any relation between DIS and the above two programs still, since DIS is a similar program, trusting it isn’t very easy.
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However, if someone still decides to be a part of it:
Let Us Know How Does Digital Income System Works?
There are no products or services whatsoever; there are only membership levels that you are supposed to buy and then convince others to purchase it.
And to do that, all the required coaching, tools, training materials are provided to help you sell this system.
Anyway, let us have a look at how it works:
- You need to first sign-up for a given level.
- Your coach will try to persuade you to buy the highest level possible.
- You convince others to sign-up by recruiting them in the system.
- You earn commissions every time a person signs-up through you.
What is The Cost of Joining
the Digital Income System?
Depending on the level of membership you choose, the cost to join the system varies. The cost ranges from $1,000 to $25,000.
Basically, there are 5 membership levels in the Digital Income System:
- Entrepreneur level: this level costs $1000
- Director level: this level costs $3000
- Professional level: this level costs $5000
- Ambassador level: this level costs $12.000
- Executive level: this level costs $25.000
Based on how much commission you wish to earn, you can choose the membership level, keeping that in mind.
A twist to these membership levels and the commissions associated is when, for example, you are at an Entrepreneur level, and the person you recruit chooses a higher level.
Even then, you earn commissions at the Entrepreneur level just because you have subscribed to that level currently.
In case you are incapable of purchasing higher levels, they offer three ways that can help provide you with the finance:
- In-house financing.
- Credit Card Convenience Check (they haven’t mentioned what it means).
- Personal loan
So, DIS suggests getting a loan of up to $35,000 to start the business that you still don’t know what is it!
How Is The Compensation Plan Of
“Digital Income System” Like?
You can earn a 50% commission as an affiliate depending on the level of the membership you sell. Anyway, let us have a look at how much you can earn from the system.
- You earn a $500 commission on recruiting an Entrepreneur level member.
- You earn a $1,500 commission on recruiting a Director level member.
- You earn a $2,500 commission on recruiting a Professional level member.
- You earn a $6,000 commission on recruiting an Ambassador level member.
- You earn a $12,500 commission on recruiting an Executive level member.
It is imperative to know that to earn more commissions, you need to be at a higher or same level, or else you will lose some commissions.
You see, for example, that if you started out as an “Entrepreneur” and hired someone to join at the “Ambassador” level, you would only get a $500 commission, instead of $6000.
The remaining $ 5500 commission you should have received is forwarded to those above you who made the purchase at higher levels.
And if there are people at “levels above” that closely resembles a Pyramid Scheme or MLM, right?
Related: MLM vs Affiliate marketing
What All Can You Get Access To From These Membership Levels?
You are not going to get any products from this system.
Still, they will give you a done-for-you marketing system with a traffic rotator system that rotates traffic between members.
You get more traffic with higher levels of membership.
You will get access to an email autoresponder that comes with a promotional email pre-packed for you.
You also get to build an email list with access to the member’s back office and tools.
You get traffic from Solo Ads from Udimi. They buy other people’s email lists and help you in starting your marketing campaigns, SMS leads, postcard marketing, and media ads.
You also get access to pre-written messages with the help of SMS autoresponder and SMS tools.
What Are The Positive Aspects Of
The Digital Income System?
Very honestly, DIS has nothing likable and seems to be a pyramid scheme and a scam that tries to persuade people to get into the system and sell the same membership to others.
What Are The Negative Aspects Of
The Digital Income System?
- Not mentioning the names of the founders of the company is quite strange.
- People tend to lose more money in such Pay-to-win models where first you need to recoup the losses to start earning profits eventually.
- The cost of joining is really expensive and only to adds weight to the affiliate commissions.
- Done-for-you systems are never reliable as you get wholly dependent on them and do not grow or learn as a marketer.
- The absence of physical products and the entire focus on recruitment shows that it is only a pyramid scheme.
Can Digital Income System Be Called A Scam Or A Pyramid Scheme?
Though there are no such proofs that can say it is a scam but looking at the working of the system, it seems to be a scam and a pyramid scheme.
DIS is something that cannot be called legit either. It only focuses on recruiting members and not selling any actual products or services but selling their own membership levels. Makes it, even more, closer to being a scam and nothing else.
Getting into such a high-ticket business opportunity that doesn’t seem legitimate is not a good idea and must be avoided.
There are a lot of opportunities in the online market that can prove beneficial to you in terms of earning a good income monthly, like Affiliate marketing.