To begin my business with iZigg I invested $2600. and have spent surely hundreds of hours training people in my organization (while Izigg has NO paying training program available for agents and NO help unless you're recruiting - and SADLY that only entails 3 way sales call or my prospect showing up at a meeting where the 'top earner' tells them 'you can text my name to 90210 and I'm available to help you any time, we're going into business together and we're a team').
Currently my organization has sold nearly $100,000. and all I've earned is $1600.
I continue to listen to calls where, inevitably, I hear 'top earners' like Dr Scott Elliot, Michael Rutherford, etc.. claim 'our company pays back .70 cents out of every dollar to agents!!'
On top of those claims, recently there's been a HUGE push to sell *agents only* a Facebook product called mSocial ($149. set-up fee) that cost $39.95 A MONTH (all the while they say it is commissionable - for exactly whom I wonder?)
iZigg's official basis for this necessity for us of course is that it will help small businesses by allowing them to monetize their social media (months after 'some' agents originally paid for this I doubt it has even made Izigg enough to cover cost of development - and to date 'zero' small businesses are using it because it still isn't available to small businesses).
Now I'm not the sharpest tool in the shed, but it seems to me we have a money racket going here, where a huge majority of sales come from agency and autoship purchases instead of real retail product sales in the marketplace.
The technology is out-of-site and the branding is drop dead sexy, people, that said, iZigg is getting filthy rich based on the sales of your agency and autoship.
In February 2011 Brian Underwood and Dave Liniado told us what the ratio between agency purchases and retail was. They said retail sales accounted for 60% of all money made.
Now, knowing what I've experienced, I wonder if they were including agent autoships or just flat out lying.... and how much worse it's gotten.
Am I just another gullible and disgruntled man playing victim to just another MLM or do I justifiably have cause in raising a flag?
Either way, if you're familiar with the FTC's case against Burn Lounge and you've read the recent Federal Court's ruling in that case...... you have to admit the similarities are scary for the average American looking to earn extra income.