Seems communications service retailers don’t like their networks getting used to advertise pyramid schemes.
Who didn’t see this coming?
On July third Jeff Lengthy knowledgeable Abundance Community associates that his service provider suppliers had pulled the plug.
Initially Lengthy cites “drastic” modifications to SMS advertising and marketing legal guidelines (he doesn’t elaborate), however then will get to the actual cause his community service provider reduce Abundance Community off.
The general messaging we’re selecting to make use of is inflicting some main concern for not simply our suppliers however for CARRIERS.
Up to now 4 weeks since going dwell with this we’ve had the next firms shut us down to at least one diploma or one other after calling us a “pyramid scheme”…
Money App
Venmo
Twilio
Nexmo
(Our final supplier who’s identify will stay nameless).
Abundance Community was a gifting scheme that operated through and was primarily promoted by means of a voice and SMS messaging providers.
Potential victims of the gifting scheme referred to as a quantity, utilized by present Abundance Community associates of their advertising and marketing efforts.
Upon calling the quantity, the potential sufferer was offered with a voice message pitching Abundance Community.
In the event that they signed up, funds have been gifted to present Abundance Community associates.
This cost in flip certified the brand new recruit to obtain their very own Abundance Community quantity, which they then used of their promotion of the scheme.
Gifting funds inside Abundance Community have been made immediately between members. And at no time was something services or products marketed to or offered to retail prospects.
Regardless of being an unlawful gifting scheme, Lengthy maintains Abundance Community was “breaking no legal guidelines”.
Within the wake of Abundance Community’s collapse, Lengthy has vowed to proceed working the enterprise by means of a brand new unknown supplier.
Quite than tackle the inherently fraudulent enterprise mannequin nonetheless, Lengthy believes it’s the MLM side of Abundance Community that’s accountable.
As you understand, the MLM world is just about hated by the mainstream enterprise world.
PayPal shuts down something to do with MLM, community advertising and marketing, being profitable from dwelling and many others… and the listing of suppliers who like to “throw the e book” at us “pyramid scheme folks” goes on and on and on…
The ONLY approach I can see to remove the judgement and perceptions of different suppliers (and even the world as an entire as we get larger & larger) is to take away the factor that makes us feel and look like an MLM.
That may be our “cross up” compensation plan.
Abundance Community’s present mannequin sees members cross up gifting funds from the second and fourth associates they recruit.
In flip these associates cross up their second and fourth recruits and so and so forth.
Lengthy is proposing ditching this pass-up mannequin.
With out that…we’re as legit as legit will get AND we don’t come off as some schemey, bizarre, “pyramid factor” and get a nasty popularity with the remainder of the enterprise world.
The issue is that funds inside Abundance Community will nonetheless be gifted from one affiliate to the opposite.
Granted Lengthy may be capable of discover a shonky service provider prepared to tackle threat with out an MLM part, however the gifting mannequin itself continues to be unlawful.
In an effort to appease Abundance Community associates trying to ditch the scheme if it loses its residual part, Lengthy has promised further cost tiers.
This may permit Abundance Community associates to take advantage of these they recruit out of more cash.
Whether or not any of this materializes continues to be up within the air.
WHEN WILL WE OPEN THE DOORS AGAIN?
I’m not going to pin myself and my staff right down to a particular deadline simply but… I wish to make sure that we’ll meet or exceed the expectations we set with you so as soon as once more… let me get a full scope of labor with my developer and between him and I engaged on all of this, I anticipate that we are going to be again up full swing inside 2 weeks.
Within the meantime, Abundance Community is enjoying out like every other short-lived Jeff Lengthy scheme.
Replace sixth August 2019 – Jeff Lengthy has revealed Abundance Community will relaunch with a brand new compensation plan.