PeopleString – Great Concept But Will It Work?
By FTS | September 19th, 2011In the next few paragraphs we will talk about PeopleString and determine whether this company is really a legitimate business opportunity. I am going to provide you with the knowledge you must have find out if it is the opportunity you are looking for. I choose to cover details which can be left out of most opportunity presentations and offer my opinion to whether this opportunity has what it will take for long-term industry success. The company continues to be creating a lot of attention on the internet lately and is being promoted as the newest wave in relationship and social communities where people can meet and network.
PeopleString seems to be seeking to capitalize on the growing social networking trends and has combined traditional network marketing with the social networking concept to produce an income opportunity as an incentive for people to join the network. Free membership provides you with having access to the social portal. This is where you can do everything that you already do online from one site. You will also have access to what they claim is the “World’s Coolest Email” with 2GB of email capacity, self destructing email and video email with a 60 second duration. What seems to be different from other social networking sites is they share the advertising revenue created from the users of this site.
Before you join PeopleString the very first thing you should do is figure out who the Leadership Team is and what experience they possess. The company’s Chief Executive Officer and Founder is Darin Myman. He is also the owner of BigString Corporation. The Chief Operating Officer is Adam Kotkin and the Chief Marketing Officer is Bruce Van Heel. These individuals have plenty of experience along with a proven track record in this industry. Mr. Myman had the thought of building a new social networking site and combining with a MLM opportunity. The company states on their website that they share 70% of the advertising revenue with all of the users of the site.
There are a couple of membership levels in PeopleString, free and paid. Free members earn 5% of the revenue generated by their personal referrals and 2% of the revenue five levels down. Another option is to buy the “Entrepreneur Package” for $300 which includes unlimited email capacity, as many as 20 email accounts and the chance to earn 20% from your personal referrals and 6% five levels down. This is a limited time offer and I do not know how much longer it is going to be available. As with every MLM opportunity, you will need to create a HUGE organization, and I do mean HUGE, so you will be able to max out the compensation plan.
As I stated before PeopleString shares 70% from the advertising revenue with all of the users. So why are of some people having a great deal of success with this opportunity and others aren’t? One thing I can say for sure is that no matter how great this company is, it has been proven over time, that with any Multi level marketing Opportunity you need to know “How to Market“. For one to achieve success you will have to be able to generate a constant flow of high-quality leads. You have to have the ability to drive unlimited targeted traffic for your new business and also have a system in place that qualifies these people. You’ll also need to teach these individuals duplication.
More information:
peoplestring the next facebook
Tags: business opportunity, free membership, how to market, mlm, peoplestring the next facebook
