BizKniz offers no data on its web site about who owns or runs the enterprise.
BizKniz’s web site area (“bizkniz.com”) was first registered in 2013. The area registration was final up to date in July 2018.
BizKniz’s web site area registration is non-public and offers no data on its proprietor.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
BizKniz Merchandise
BizKniz has no retailable services or products, with associates solely in a position to market BizKniz affiliate membership itself.
BizKniz affiliate membership offers entry to promoting credit, which can be utilized to show promoting to different BizKniz associates.
The BizKniz Compensation Plan
BizKniz associates pay $3.99 for AdPacks.
This cost qualifies them to earn a 30% direct fee on AdPacks bought by personally recruited associates.
Free BizKniz associates who don’t buy an AdPack obtain a ten% direct fee.
Residual Commissions
BizKniz pays residual commissions on AdPack purchases by way of a 3×12 matrix.
A 3×12 matrix locations a BizKniz affiliate on the high of a matrix, with three positions instantly underneath them (degree 1):
These three positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to 12 of the matrix are generated in the identical method, with every new degree housing 3 times as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of BizKniz associates.
Residual commissions are paid on AdPack purchases by recruited associates positioned into the matrix.
- AdPack purchases on degree 1 = 40 cents
- AdPack purchases on ranges 2 to 12 = 20 cents
Becoming a member of BizKniz
BizKniz affiliate membership is free, nonetheless free associates don’t take part within the connected MLM alternative.
Participation within the connected MLM alternative requires a BizKniz affiliate to repeatedly buy $3.99 AdPacks.
- buy one AdPack and qualify for MLM commissions for one month
- buy three AdPacks and qualify for MLM commissions for 3 months
- buy 5 AdPacks and qualify for MLM commissions for six months
- buy 9 AdPacks and qualify for MLM commissions for twelve months
Conclusion
BizKniz is an easy sufficient pyramid scheme.
You join, pay a payment and receives a commission to recruit others who do the identical.
The connected promoting is neither right here nor there, as AdPacks are only a cowl for membership charges.
Getting paid to recruit new associates in MLM is the hallmark of a pyramid scheme.
As with all pyramid scheme, as soon as recruitment of latest affiliate dries up BizKniz will collapse.
Can I get a refund?
We’ve got a No Refund Coverage.
The mathematics behind pyramid schemes ensures that once they collapse, nearly all of members lose cash.