Earning Potential: Low with empty promises.
Rank: 20/100 – Scam.
What Is GoBig7 & Should You Join?
GoBig7 is an online marketing system that claims to help individuals earn up to $19,659.60 by simply sponsoring people into the program and by filling your entire matrix. They claim that this can be achieved by simply referring two new individuals to the GoBig7 program per day.
The reality is that in order to earn that much, that every person you refer to GoBig7 would also need to refer two people per day, everyday. Now imagine the possibilities of that. It’s extremely unlikely and reminds us of another similar product we’ve seen in the past called Feeder Matrix.
These programs use a very low-cost entry fee, $7 in the case of GoBig7 to lure new people into a completely ineffective system. The reason for its ineffectiveness is simply due to the fact that the system does not stand behind any legitimate products.
Here’s what GoBig7 offers:
– An online opportunity to make money, which is measly at best.
– A place where users can post and promote banner ads to other members for 28 days.
– Photo editing software for creating advertisements.
If you ask me, that’s not a whole lot of products and hardly enough to help you create a legitimate online business. Yet, the system still claims it can help you make up to $20,000 a month. How is that so?
If there is one important lesson I’ve taken away from online marketing as whole, it is not to buy into promises of fast cash. Trust me, and avoid them at all cost.
They make it sound like filling this matrix isn’t very hard and that they’ll even go ahead and sponsor your first 2 people for you. I believe that is what’s caused a lot of the mixed reactions towards a product like GoBig7. But the reality is, sponsoring 2 people is just the very start of a long and troubling road ahead.
How Much Is It?
Since this product is nothing more than a simple matrix system, it’s no wonder being involved with the system only costs $7 per month. You would think that a product claiming to help you earn thousands might cost a bit more than that. But nope.
A simple $7 payment made through PayPal or Payza is all it takes to get started. And I don’t recommend it. While it might be nice to take away some small marketing strategies, you can find other more established platforms to get started with.
Given that this is product only relies on filling out your downline and not a whole lot more, the only thing that’s really happening is people recruiting as many other people to make a small commission.. Wait a minute, isn’t that what they call a pyramid scheme?
Also, don’t get me started on the completely ineffective banner ad situation within the platform. If you think posting your banner ad around is enough to get you leads and build a business, then it’s time to freshen up your marketing skills.
The GoBig7 Compensation Plan & How It Works
GoBig7 further encourages as much possible team build effort by offering you a 100% matching bonus for each active member you recruit into the program. But the problem with the GoBig7 compensation example is that it assumes that every person you’re referring into the opportunity are also referring two paying members on a daily basis.
The likeliness of that is very far from possible and reliant on the fact you keep touch with these referrals on an everyday basis. In many ways, GoBig7 operates no different than an MLM venture might. That is, that most of your success is completely reliant on the performance of your team.
If those under you are not performing (which is extremely likely), then you won’t have much to show for. While I’m sure there are instances of recruits making some money with GoBig7, I would say that there aren’t many and they’re definitely not earning thousands.
The money being made here is by recruiting people into the program itself so really it’s like an MLM without much of a product. What you’ll begin to realize with GoBig7 is if you want to get “wealthy,” you’ll probably want to join something else!
Most people in these types of programs don’t end up making a lot of money at all, and for good reason. Here are a couple more reasons why most people won’t earn much with this product:
#1 – Low pricing and commissions. If you’re going to be an online marketer, then you might as well promote something you can actually make money with.
#2 -The fact your team needs to recruit thousands of individuals in order to earn a large profit is misleading to what the system promises. More importantly, there aren’t actual GoBig7 products to promote. Instead, you’re just promoting a system.
In fact, I’ve seen programs similar to GoBig7 where people had recruited thousands under them within their matrix. But somehow, they’d still end up making under $1,000 per month. It just goes to show you can’t rely on the people you recruit to make money for you.
That is a whole job in and of itself that you would have to get ready for. On the other hand, it doesn’t surprise me much at all. If you take a look at GoBig7, you’ll see that there is not a whole lot in the way of training which is vital to making to your success.
As a result the small $.30 cent commissions could take you a long time to build up. To make just $1,000 in commissions, you and your team would need to recruit over 4,000 active and paying members.. Now that’s a ton!
There have been many similar opportunities online such as Penny Matrix and Feeder Matrix, which really consist of the same thing and have been online for years now. In fact Penny Matrix actually claims the same exact thing! Earning $19,659.60 by sponsoring just two people.
What most people find with these are how difficult it can be to recruit others into an opportunity without a whole lot of direction and the fact you need a ton of people in order to make this work, especially given the low commissions made.
What Are The Pros Of GoBig7?
– The system is fairly easy to get involved with and doesn’t charge a large monthly fee in order for you to get started.
– It’s low entry-cost makes GoBig7 less risky than other matrix systems and MLM’s out there.
– Allows you to add and promote other offers to members within the platform.
– Payment withdrawals can be made out to both PayPal and Payza.
What Are The Cons Of GoBig7?
– Not an effective solution for advertising, earning money online, or building a real and legitimate business.
– Operates too similarly to a ponzi scheme or MLM network marketing venture.
– Not a whole lot of products or services in general to backup the system. Instead the only real product is advertising other products within the platform and a simple photo editor.
– Nowhere near enough training to get a proper start with online marketing. Its promise of fast cash further doesn’t help instill trust in the product as a whole.
– Success requires being reliant on your downline to actively promote and recruit members.
– Must recruit many, many referrals in order to make good money with the system.
Is GoBig7 a Scam You Should Avoid?
It depends on how you look at it.. But just the structure of the matrix system and false $20k per month advertising alone is misleading.
They claim that the 2 referrals is all you need to get started and from there, it’s just minimal work. But I disagree.
To make an opportunity like GoBig7 work, you’re going to need to work on recruiting and team building skills. These are not easy skills to build and are the sames one required by any MLM opportunity.
If anything, you might want to at-least join an opportunity that pays more per lead, since a $.30 cent commission won’t cut it in most cases. Most people will ultimately join an opportunity like GoBig7 because of the small chance they might be missing out. But you’re not!
Remember it’ll be very hard to build a business based off recurring 30 cent commissions per referral, assuming they’ve also paid their $7 monthly membership. In order to earn thousands, the majority of recruits must also be filling in their matrix with new and active paying members.
But the key to making an online income shouldn’t have to be by recruiting thousands of individuals for some measly commission and no product to stand behind.
Making a legitimate online income requires following steps in place where you can promote legitimate services and products.
Once you execute these steps, you’ll understand that any amount of money can be made. Unlike GoBig7, your business will be based on providing value to your online community. The better the value and the more people who get exposed to your business, the more money you’ll inevitable make.
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