what about KaChing KaChing?
Posted: Wed Nov 10, 2010 10:03 pm
This is a new one on me. A co-worker gave me a print-out called KaChing KaChing Home Business Opportunity - A Detailed Review
Most of the information seems like run-of-the-mill MLM because you get paid for stuff people who join after you sell. The bottom line seems to be you get a 10% commission off all purchases made through your own store (a $30/month website selling everything (one online review mentioned a quote from somewhere that mentioned if it's on Amazon, KaChing KaChing members also sell it)) and $6-$20 per month for each person you refer to become a store owner. You can even get a bonus based on every single member in the entire company who enrolls after you. They use what they call a straight line matrix without 'gotchas'. The principals are purported to be Robert McNulty (The Home Depot original business plan writer) and Ron Loveless (Sam's Club designer/launcher).
I am not able to check very many of the links that come up in Google due to business restrictions. More than half the links include the work scam or fraud but we know the poster could just be airing sour grapes. I would appreciate any additional information that I could use to keep my co-worker from spending any additional money.
BTW, the print-out (a 'lens' in KaChing-speak) doesn't mention a sign-up fee and none of the Google-supplied links that I could check mention one.
Most of the information seems like run-of-the-mill MLM because you get paid for stuff people who join after you sell. The bottom line seems to be you get a 10% commission off all purchases made through your own store (a $30/month website selling everything (one online review mentioned a quote from somewhere that mentioned if it's on Amazon, KaChing KaChing members also sell it)) and $6-$20 per month for each person you refer to become a store owner. You can even get a bonus based on every single member in the entire company who enrolls after you. They use what they call a straight line matrix without 'gotchas'. The principals are purported to be Robert McNulty (The Home Depot original business plan writer) and Ron Loveless (Sam's Club designer/launcher).
I am not able to check very many of the links that come up in Google due to business restrictions. More than half the links include the work scam or fraud but we know the poster could just be airing sour grapes. I would appreciate any additional information that I could use to keep my co-worker from spending any additional money.
BTW, the print-out (a 'lens' in KaChing-speak) doesn't mention a sign-up fee and none of the Google-supplied links that I could check mention one.