OVERVIEW OF THE BIG PROFIT SYSTEM
Big Profit System is marketed as the “Everything Done For You,” cash generating machine. People are reporting to earn around “$25 000 per week!”
Now that is some serious cash. Is Big Profit System a Scam or should you give this one a go? If you’re thinking of signing up with BPS then allow me to show you exactly what is going on here. If things are ‘too good to be true,’ then that is usually the case. Find out if this holds true with Big Profit system.
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HOW DOES THE BIG PROFIT SYSTEM WORK?
You get some ‘hands-free’ marketing tools that are available in the back office. These marketing tools that I refer to, is basically a sales funnel.
What exactly is it that you will be selling? I will go into more detail below.
First up, you, the prospect, goes through a capture page and then a high converting sales page. At some point of the capture page, you will be required to fill out your details and give your contact number.
Then you access the official Big Profit System sales page which looks something like this.
The point of the sales page is to inform you of what Big Profit System is not about. It’s not about;
- Building a website, or
- PPC Campaign’s, or
- Watching Webinar’s, or
- MLM models. or
- Even cold calling leads.
Which leaves one to ask, what is Big Profit System All about?
They talk about a complete “income machine that runs on autopilot.” All you have to do is join Big Profit System by choosing one of the six ‘advertising packages.’
Depending on which package you choose, it will entitle you to earn 50% commissions as you bring more leads into the system.
As for the autopilot part, this is where the BPS success coaches come in. Their job is to speak to the leads that you bring in by using the same tools (i.e. capture pages and sales pages). The success coaches will help your leads with any questions that they may have.
In other words, they do all the telling and selling and close all of the leads for you.
Here is the best part. You can earn high ticket commissions ranging from ‘$500 to $10 000’per sale. All done for you by the success coaches.
THE BIG PROFIT SYSTEM COMPENSATION PLAN- TAKE A CLOSER LOOK
Below are the prices for the various ‘packages’ that you can choose from, should you decide to join Big Profit System.
As I’ve mentioned earlier on, these are the 50% commissions. In other words, to earn a Level 1 Commission of $500, you would need to buy the $1000 package to qualify.
To earn a Level 2 Commission of $1,500 commission, you will need to upgrade to the $3000 package and so forth. So, to earn VIP Commissions of $10,000 you would have to pay $20,000!
How do you earn these commissions? Just get prospects to go through your sales funnels and let the BPS coaches call your leads. All then that is left for you to do, is to hope and pray that they sign up! Then you are in the money!
Sounds inviting, doesn’t it?
Is there a catch here? I mean, you are not doing any selling or telling. The hard work is done for you by, ‘coaches.’
IS IT ONLY ABOUT THE CHEQUES?
It’s pretty obvious that Big Profit System operates by offering its members high ticketed commissions.
A quick search on YouTube will bring up some Big Profit System high roller’s, waving their cheques. Don’t get me wrong. It is nice to see people making money online.
I am happy to see that people are ‘making it’, and it’s a wonderful feeling to be able to help people build their own online business like how this opportunity does. However, one can’t help to ask,”is it only about the cheques?”
When I ask that question I mean it literally?
Apart from just seeing the cheques, is there anything else going on here?
Let me put it this way. You are going to outlay a minimum of $1,280 to get started here. Exactly what is it that you are getting for your money?
A product? A website? Training?
IS BIG PROFIT SYSTEM A PONZI SCHEME?- THINGS MAY BE HEADING IN THIS DIRECTION
What is a Ponzi scheme?
According to Wikipedia, a Ponzi scheme is one ” in which a victim is tricked into investing in a company that does not actually do business, and only generates a return on investment when more marks invest.”
Let me illustrate two scenarios with BPS’s Compensation plan.
SCENARIO ONE: PAST UP LEVEL COMMISSIONS
In the case of Big Profits System, you can only earn a commission based on the level at which you are at. In other words, should a lead or prospect, join under you but pays for a higher level, you will only get compensated for that level which you personally paid for.
Example, if you are at LEVEL 3, you can only earn commissions up to $3000. That means if someone signs up as your referral and they upgrade to LEVEL 4, you will lose out an additional $3000, as at LEVEL 4, the commission pays out $6000.
The rest of the commission gets passed to the next member on the higher tier level.
SCENARIO TWO : 48HOUR WINDOW OFFER
Big profit system offers you a free upgrade to the next level. If you were on level 4, they will automatically upgrade you to the next level, free of charge.
The catch is that you have to sign up within 48 hours!
WHAT IS COMMON IN BOTH SCENARIOS?
Both scenarios emphasize the ‘perk’ of paying for the higher level. In other words, invest more to get more. So, if every member invests more, then there is more in the ‘money pool.’
As I had pointed out earlier on, there is no product or service that one is getting in return.
This most likely means that profits are shared amongst members from the pool. What happens when the pool dries out? What happens when member’s stop joining the system?
How will you get paid then?
Does it sound “Ponzi” to you?
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IS BIG PROFIT SYSTEM A SCAM? WOULD YOU INVEST IN IT?
The fact is, that it’s not cheap to sign up to Big Profit System. Apart from the ‘traditional’ membership levels, you have to look at other traffic sources to get people to see your sales funnels.
High ticket commission products generally require people who have a sufficient amount of money to spend.
I guess what I am trying to tell you, is that this ‘business’ is targeted at a certain market, which may be a challenge to find.
GROWING YOUR BIG PROFIT SYSTEM BUSINESS WITH OFFLINE ADVERTISING
Some folks on YouTube talk about using offline advertising methods such as placing ads in, ‘Make Money From Home, ‘ magazines. This sort of advertising can become expensive.
To summarise: It’s not cheap to join. You have to target a specific audience and there is no actual product that one is getting in return.
I personally would not recommend this opportunity.
DOES IT HAVE TO BE EXPENSIVE TO MAKE MONEY ONLINE?
No, it does not!
When you are starting out, the last thing that you would want to do is to outlay huge amounts and have huge expenses. There are online businesses that you can start, that have an immense amount of training and tools to get you started. And the best part is, is that it would cost less than a cup of coffee a day!
Here is one such platform that I would recommend.
Personally, I am of the opinion that with BIg Profit System, you are not essentially building a business(if any) on a solid foundation. At the end of the day, nothing is yours to keep.
You have no website or any ‘internet asset- so to speak’ that you can walk away with, should Big Profit System shut down.
At the end of the day, it’s about securing your financial and business future. Does Big Profit System give that to you?
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Thanks so much for joining me on this Big Profit System review. I hope that it has helped you out.
If you have any questions or comments, please let me know in the comments section below.
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Kind Regards and Take Care