The Penny Matrix is one of the newest kids on the block, in the network marketing industry. The program launched just this month, September 2012, so, they are really just getting started. The program is based on the concept that we are all familiar with; “pennies” can quickly add up and become a significant income. The company owners are encouraging members to endeavor to sell at least 2 memberships in 2 days and help their new members do the same to earn a significant income within 28 days.
As with any new program there is a lot of excitement and energy around Penny Matrix and if things go as predicted the program will be wildly successful. Today, I want to take a look at this program in order to determine if it has what it needs in order to be successful long-term in this tough network marketing market.
The Owners Of Penny Matrix
The owner of Penny Matrix is Mr. Todd Dodd. Mr. Dodd is a well known SEO consultant and has many years of experience in the network marketing industry.
The Penny Matrix Products
Penny Matrix is an e-book club of the month club. The company sells e-books. Members are allowed to download 10 e-books when they first join and then 1 e-book per month for as long as they are a member. The 10 e-book download is a special that being offered at this time and is subject to change. When it does member will be able to download 7 e-books initially.
The category of e-book sold by Penny Matrix include bricklaying, business, children’s, computers, crafts, culture, e-auctions, education, fiction, games, health, history, home and garden, list building, marketing, martial arts, music, novels, pets, real estate, recipes, religion, science, self help, sports, and travel. E-books have long been a great source of information online, however, in the past few years they have become more and more popular with the general public. The gaining popularity of e-book reading devices, like the Kindle, have amp up the demand for e-books. As a result many of the larger book retailer, such as Borders, Amazon, and Barnes and Nobles have beefed up their online inventory of e-books.
Although the Penny Matrix is not the first Network Marketing company to offer e-books, they are the first to my knowledge to offer the wide range of title and categories. The goal of the company is to become a well known shop for the purchase of e-books for the general public allowing their members to earn a commission on sales.
Compensation Plan for the Penny Matrix
The Penny Matrix costs $7 to join and $7 a month to remain a member. Members earn commissions by selling memberships to the e-book club. They are also paid a 100% matching bonus. This means that everything that their personal referrals earn, they earn monthly.
The Penny Matrix pay structure is a 2 by 14 matrix. Members are pay on the even levels (2, 4, 6, 8, 10, 12 & 14). They have the chance to earn money on 21, 846 monthly payments. According to the company’s website, this allows the matrix to accumulate a a significant amount more than they have to pay our creating a much more stable pay structure. A full matrix pays $6554.20 a month, however, members will make money based on the percentage of the matrix that is filled and earnings are received in real time.
The Penny Matrix opportunity offers members the chance to make a substantial monthly residual income. However, as with any opportunity, the only real way to make money is to be able to successfully build your team. The reality is that it is more than possible to build a successful Penny Matrix business, if you know how. If you don’t know how to build your business, don’t be discouraged. You can learn everything that you need to know from the PM family. We teach you how to build your Penny Matrix business like the pros and using the same techniques that the most successful marketing are using.
Join Penny Matrix now it pays to read. No work required and think; how hard is it to get 2 friends to join this $7 residual income opportunity?
Http://makedreamswith7dollars.tk
No comments:
Post a Comment