Welcome to my PlanNet Marketing review!
You might have come across with PlanNet Marketing as you’re searching the web for legitimate investments.
Their business opportunity might have triggered your curiosity and wondering—is PlanNet Marketing a pyramid scheme? Are they an outright scam? Or are they legitimate?
If this is your concern, then I have the answers for you.
In this review, I will provide an analysis of their compensation plan and help you determine whether if it’s a good investment or should you search for other income opportunities.
So once again, is PlanNet Marketing a pyramid scheme? Or are they a reliable source of income?
Let’s begin…
PlanNet Marketing Review
- Name: PlanNet Marketing
- Website: plannetmarketing.com
- Founder: Donald Bradley
- Price: Initial membership fee of $19.95
- Recommended?: NO.
What is PlanNet Marketing?
PlanNet Marketing is an MLM (Multi-Level Marketing) that is affiliated by another MLM company that provides travel services called InteleTravel.
So how it works is that representatives of PlanNet Marketing sell the products and services of InteleTravel to earn income.
Some of the packages they sell include hotel bookings, flights, cruises, etc.
Also, the business opportunity of PlanNet Marketing is closely tied to those offered by InteleTravel. I will explain more about this in the following sections.
The company was founded by Don Bradley on October 14, 2015, according to their BBB profile.
Also, the company’s current president and CFO is Andy Cauthen.
I have reviewed InteleTravel in the past—you can check it out here.
Other reviews I’ve written that you may also find interesting include ACN, Usana, LurraLife, and OneHope Wine, just to name a few.
Or you may also visit this link to get a full view of the other review.
The PlanNet Marketing business opportunity
The hallmark of Multi-Level Marketing is their complex and almost incomprehensible compensation plan.
And the compensation plan of PlanNet Marketing is no different. It is as complicated as possible. In addition to this, their business opportunity is tied to another MLM that offers travel services called InteleTravel.
They are so convoluted that it seems like you’d need an expert finance person to decipher their entire compensation plan.
In dealing with MLMs, you only have to bear two things in mind—
- Retail or referral commissions – it is income that is based on retail sales or packages availed by your personally recruited representatives.
- Recruitment – it is the bread and butter of MLMs because it is based on the bonuses and commissions that they offer.
Most MLMs tries to make their compensation plan as complicated as possible to infuse an element of confusion.
The purpose is to prevent potential recruits from asking further questions that could expose how flawed the business model is.
And to completely save themselves, they would just show you how high the potential income would be.
It may look a little dishonest, but effective nonetheless.
In this review, I have simplified their compensation plan so that you may better understand how it works.
So, let’s continue…
What are its income streams?
Residual Commissions
PlanNet Marketing adapts 3x9 matrix network marketing. What this means is that the three of your personally recruited representatives are placed directly under you.
And then, three again is placed under you personally recruited representatives and so forth and so on.
Now, the representatives’ income is based on the monthly membership fees settled by their personally recruited representatives and those under them.
They shall earn $4 commissions based on this factor up to nine levels deep.
Gold Builder Bonus
First and foremost, you have to be in the ranks of Gold Builder to qualify for this bonus.
Also, as mentioned, InteleTravel and PlanNet Marketing are interconnected. What this means is that bonuses and commissions overlap between them as well.
With this being said—you need to reach and maintain a specific number of InteleTravel agents to become eligible. It is a total of nine InteleTravel agents in your first level, to be exact.
The representative shall earn a $10 for every InteleTravel membership package availed by the new members.
Matching Bonus
The matching bonus offered by PlanNet Marketing is based on every InteleTravel membership package sold by the representative.
Upon payment of the $199 cost of the membership pack, the representative shall earn $50.
Additionally, they become eligible to receive a 50% matching bonus every their lower network was able to enroll new InteleTravel members.
So if it’s 50%, then that would amount to $25.
Director Bonus
To become eligible for this bonus, the representative must be in the ranks of One Star Director.
The summary of the bonus and additional qualifications are as follows—
One Star Director
The representative with a One-Star Director rank earns compensation of $500 per month. But in order to qualify, they have to reach and maintain the recruitment of at least 100 InteleTravel agents.
Two Star Director
The representative with a Two Star Director rank earns compensation of $1,000 per month. But in order to qualify, they have to reach and maintain the recruitment of at least 300 InteleTravel agents.
Three-Star Director
The representative with a Three Star Director rank earns compensation of $2,000 per month. But in order to qualify, they have to reach and maintain the recruitment of at least 500 InteleTravel agents.
Four-Star Director
The representative with a Four-Star Director rank earns compensation of $5,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 1,500 InteleTravel agents.
Five Star Director
The representative with a Five Star Director rank earns compensation of $10,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 4,000 InteleTravel agents.
Six Star Director
The representative with a Six Star Director rank earns compensation of $16,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 10,000 InteleTravel agents.
Seven Star Director
The representative with a Seven Star Director rank earns compensation of $30,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 25,000 InteleTravel agents.
Eight Star Director
The representative with an Eight Star Director rank earns compensation of $50,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 50,000 InteleTravel agents.
Nine Star Director
The representative with a Three Star Director rank earns compensation of $100,000 per month. But in order to qualify, they have to reach and maintain recruitment of at least 100,000 InteleTravel agents.
Does the potential income excite you?
Well, you shouldn’t be.
As you see, the number of people you and your lower network is crazy high.
According to the Federal Trade Commission, the success rate in MLMs is only 1%! Yes, it is that low!
And the primary reason for such is recruitment, and this is what it certainly looks like with PlanNet Marketing—you have to recruit a lot of people to succeed.
I will explain more about this in the following chapters. But if you’re looking for a better source of income, one that’s less risky and yields higher income, then you need to check out my best work-at-home recommendation.
Rank Achievement Bonus
PlanNet Marketing claims to reward their representative as soon as they reach a certain rank or milestone.
The summary of the bonus is as follows—
- A Sapphire ring is given as recognition to representatives who maintained a sales volume of $8,333 per month.
- A Ruby ring is given as recognition to representatives who maintained a sales volume of $20,833 per month.
- A Diamond ring is given as recognition to representatives that maintained a sales volume of $41,667 per month.
- A Double Diamond ring is given as recognition to representatives that maintained a sales volume of $83,333 per month.
- Once the representative reaches the ranks of Five Star Director, they earn a genuine Rolex watch.
How much will it cost me to join PlanNet Marketing?
To become a member, you have to pay the initial membership fee of $19.95. This is also the amount you have to settle monthly to remain active and maintain your status in the organization.
Once you become a representative, you become eligible to earn commissions and bonuses, as stated in their compensation plan. Also, you will also get a replicated website and gain access to their mobile application.
But if you want to earn a higher income through their business opportunity, you may have to purchase the products offered by their partner—InteleTravel.
The two are interconnected, so it’s no surprise that some of their features overlap with each other.
The membership fees of InteleTravel would cost you a one-time payment of $199 plus monthly charges amounting to $39.95.
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Is it a reliable source of income?
Success in Multi-Level Marketing is extremely rare.
According to research conducted by the Federal Trade Commission, 99% of people who join MLMs are more likely to incur losses than gain any sort of profit.
This instance was elaborately discussed in Jon Taylor’s book, “Multi-Level Marketing Unmasked.”
It was further added that MLMs fail to meet expectation because of two factors—
Capitalization
This factor involves requiring representatives to pay monthly membership fees or buy company products to improve their rankings or maintain their status.
In the case of PlanNet Marketing, they do not necessarily require their representatives to purchase the company’s travel packages.
Also, the $20 and $40 monthly charges may seem not that much. But if you’re not earning any income, then the payment of monthly membership fees becomes irrelevant as well.
So what are the instances that would cause the MLM representative not to earn anything?
Well, the answer is…
Recruitment
Recruitment is the bread and butter, or to place a much better term, the lifeblood of Multi-Level Marketing.
But unfortunately, recruitment is what makes the business model of MLMs extremely flawed as well. And this is the case because such a structure will eventually collapse.
Imagine this—if the representatives at the very bottom of the network were not able to recruit sufficient into the organization, it means that they won’t earn anything as a result.
As you have seen in their compensation plan, it requires loads of recruits for you to earn a significant income.
As the representative continues not to earn anything, it would lead them to become inactive and quitting the business altogether.
This cycle will continue to the next bottom level up until the structure finally collapses.
If you want a more secured investment that generates a higher and more reliable source of income, then you have to check out the following description—
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Is PlanNet Marketing a pyramid scheme?
PlanNet Marketing has no clear products or services to offer. However, their operation is tied to those offered by another MLM called InteleTravel.
And InteleTravel is legitimate, so that makes PlanNet Marketing technically legitimate as well.
This may be the case—I still don’t recommend PlanNet Marketing or any Multi-Level Marketing for that matter.
Continue reading and discover a much better way to earn income…
What I Don't Like About PlanNet Marketing
Success is recruitment-based
Your success in MLMs mainly relies on recruitment.
Low-income potential
As the FTC has described, only 1% of people who join MLMs succeeds.
In addition, your likelihood of incurring losses is much greater than gaining profits.
What I Like About PlanNet Marketing
Positive BBB rating
The company receives an A+ rating in the Better Business Bureau.
And the BBB is one way most people refer to when checking the credibility of a business. And having a positive overall rating may significantly affect the decision-making of potential recruits.
This may be the case—you have to bear in mind that we still shouldn’t entirely rely on them.
This is because there are businesses accredited by the BBB and gained a positive overall that turned out to be engaging in fraudulent practices. One example that comes to mind is Advocare
This instance was also presented in an online portal of CNN—“ Slammed by the Government, A-rated by the Better Business Bureau.”
Final thoughts
I hope my content has provided you sufficient information in answering the all-important question—is PlanNet Marketing a pyramid scheme? Or they a good source of income?
But in either case, I don’t recommend them, as I repeatedly emphasized in this review.
The income potential is very low, and your likelihood of incurring losses is higher than earning any gains.
Continue to the next and last section and discover how you can achieve financial freedom online…
Why I choose Affiliate Marketing over Multi-Level Marketing
Affiliate Marketing is a better option than any Multi-Level Marketing or online money-making schemes around for few apparent reasons—
Affiliate Marketing Is Better Than MLMs Because...
Cheaper & Way More Profitable! You Don't Need To Recruit or Harass Your Friends To make Money!No Start-up Costs or Confusing Compensation Plans! You Don't need to buy any starter kit or product!
Promote any Product (or multiple products) you are interested in!
No House Parties or Facebook Classrooms!
Interested? Click On The button Below To Get My Free Step-By-Step Guide!
Yes, what you’ll basically be doing is to promote a brand using an affiliate link through your online site.
You earn commissions every time someone engages the affiliate link you’ve provided.
And then, they end up buying the products or services offered on the landing page of the brand you’re promoting.
Of course, the success of this endeavor relies on the quality of traffic being driven into your website.
If this is your concern, then I have the perfect solution for you…
Tickle the description above and learn how you can create a profitable website from scratch.
Well, I guess that’s just about it!
Thank you for taking the time off and reading my PlanNet Marketing review!
I hope to see you next time!
Peace!
