An Expert Assessment Of TVI Express, Is This A Modern Day Scam?
Written by bmlengel on July 29th, 2010
TVI Express, fully known as Travel Ventures International are based in London, United Kingdom (apparently).
They started up in January 2009 and what drew me to take a look at this opportunity was the incredible earnings claims being produced by distributors. Whilst searching by way of their web site and watching the business presentation, I kept thinking to myself ‘What are these guys selling?’ Whenever I get this question pop up in my mind I generally get a red sign flashing in my brain that says ‘PONZI’.
Even after some additional digging around I was none the wiser. The only ‘product’ I could find was a holiday voucher for 5 nights in a hotel which you get when you sign up (which expenses $250) as well as the assurance of ‘good deals’ on travel & holidays as and when they become available
My biggest issue with this corporation is that they are not clear on what it is that they are actually selling.
How can you earn money with TVI?
A distributor will make their money from getting others to sign up and pay the $250 joining fee. TVI Express operate a ‘rotating matrix’ compensation plan and you have to ‘cycle’ through the ‘Travel Board’ first and then you will be paid $250 and given an e-voucher of $250.
After this you are then upgraded to what they call the ‘Express Board’, you’ll then repeat this method and ‘cycle’ your way up towards the best and when you exit at the top you are likely to receive a commission payment of $10,000 (apparently). To join TVI there is a onetime only payment of $250. To reach the qualification level to obtain your commissions you need to bring in just two new people.
Given that the entry charge is just $250 how can members generate such large amounts from just 2 new recruits?
Mainly because right now thousands of folks are signing up in the hope of riches and paying their $250 charge, and providing this keeps happening then the matrix will carry on to be filled up and members can maintain ‘cycling’ round to exit and get their $10k. The service says that once you pop out in the top you’ll re-enter the matrix again and earn an additional $10k. This will continue for as lengthy as you stay a member (or until they get shut down).
It is inevitable that this kind of scheme will collapse eventually. It appears there is no tangible solution here so once the influx of new members stops (and it will) the matrix stops moving and no one profits anymore. Generally when an MLM business gets towards the point of saturation there’s still capital being made, as distributors are selling an actual product/s to end consumers.
Well when looking at an MLM organization to join I usually take a look at the goods and if they provide Real value for the end user. Also I believe about if the product or service would sell on its own if there wasn’t the enticement of an MLM comp prepare attached to it. The enterprise TVI fails on all counts for me.
Must you sign up?
Anybody hunting at the pay strategy would be impressed. In case you do join, I would suggest you will not try and recruit your friends into this or everybody that respects you as a individual, business or individual, you’re likely to lose all credibility.
A single final word of warning, I have go through on several forums that you simply will not necessarily get paid cash, but in vouchers, which you are able to then redeem against discount holidays and travel. I’ve also examine that TVI don’t accept credit card payments, this casts an instant shadow on the entire operation. You’ve to wire the cash to an overseas account.
Do not take this as rock solid gospel, but it is what I learn in numerous unique forums.
Would I Join?
By no means.
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