eSelfie fails to offer possession or government info on its web site.
eSelfie’s web site area (“eselfie.co.za”), was registered in January 2021. The non-public registration was final up to date on December 18th, 2022.
Tying in with eSelfie’s South African area is a offered company deal with in Johannesburg, South Africa.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
eSelfie’s Merchandise
eSelfie has no retailable services or products. As an alternative the corporate gives free entry to a social media platform is claims is “on steroids”.
eSelfie not solely supplies the “newest best” but additionally a patented product with all of the bells and whistles that the market desires and desires!
eSelfie Compensation Plan
eSelfie’s compensation plan pays on recruitment of associates.
Recruitment fee charges are decided by how a lot an eSelfie affiliate has paid in charges:
- Silver tier associates (R499 yearly) – 5% recruitment fee price
- Gold tier associates (R999 yearly) – 7.5% recruitment fee price
- Platinum tier associates (R1999 yearly) – 10% recruitment fee price
- Government tier associates (R50,000 one-time) – 10% recruitment fee price
- Royal tier membership (R1,000,000 one-time) – 10% recruitment fee price
Residual Commissions
Government and Royalty tier eSelfie associates earn a residual fee on company-wide recruitment and promoting income.
- 20% of eSelfie’s firm huge affiliate charges are positioned right into a pool and shared with Government tier associates
- 10% of eSelfie’s promoting income is positioned right into a pool and shared with Royal tier associates
Social Community Use
eSelfie associates earn a fee per motion on its social community personally recruited associates do. This contains posting, sharing posts, like posts and sending textual content messages.
- Silver tier associates earn R0.01 per motion executed
- Gold tier associates earn R0.05 per motion executed
- Platinum and better tier associates earn R0.10 per motion executed
Textual content Message Spam Bonus
eSelfie rewards the affiliate who sends probably the most textual content messages every month with an R10,000 bonus.
Becoming a member of eSelfie
eSelfie affiliate membership prices between R499 to R1999 yearly:
- Silver – R499 a 12 months
- Gold – R999 a 12 months
- Platinum – R1999 a 12 months
- Government – R50,000 one-time
- Royal – R1,000,000 one-time
The extra an eSelfie spends on affiliate membership charges, the upper their earnings potential.
eSelfie Conclusion
MLM social networks are nothing new. Inevitably they wind up being stuffed with associates taking part within the MLM alternative, earlier than quietly petering out.
eSelfie is a complete social media platform that’s on steroids to say the least, with a number of apps “multi function”.
A part of eSelfie’s advertising schtick is a digital enterprise playing cards (offered as a “selfie”), which supplies perception into eSelfie’s social community.
eSelfie has taken the quaint printed enterprise card and utilized state-of-the-art expertise to vary the best way individuals alternate their contact info, this along with the multiplying energy of sharing, that the likes of Fb has clearly proven the world, is the one method to go when it comes to constructing communities, that share related pursuits and linking them collectively, in order that they will take pleasure in info sharing with one another on a regular basis.
It’s now going to be known as the eSelfie approach, now not will any person say “ship me your contact data”, however will moderately say ”Ship me your eSelfie!”
Examples of digital enterprise playing cards are alleged to be accessible by the “high government company playing cards” hyperlink on eSelfie’s web site.
If we click on by on any of the playing cards nonetheless, we’re redirected to this web page on Bubble:
As per their web site, Bubble
permits you to create interactive, multi-user apps for desktop and cellular internet browsers and contains all of the instruments it’s worthwhile to construct a web site like Fb or Airbnb.
If I didn’t know any higher, eSelfie used or deliberate to make use of Bubble to create a FaceBook clone. And doubtless all the opposite stuff they declare can be connected to their social media platform.
There’s nothing incorrect with this in precept, but it surely intrinsically ties eSelfie as an organization to Bubble.
If that enterprise relationship isn’t intact, as at present doesn’t seem like, then eSelfie’s enterprise playing cards and social community aren’t accessible.
This guts the MLM alternative. Which doesn’t actually matter, as a result of eSelfie is a pyramid scheme hiding behind a (non-existent?) social media platform.
You enroll, pay your eSelfie affiliate payment and receives a commission by direct and oblique recruitment. R50,000 and R1,000,000 involves $2959 and $59,184 respectively.
This can be a fairly excessive barrier for entry into an MLM alternative. In alternate for paying hundreds of {dollars}, eSelfie touts “enormous returns”.
eSelfie is actually in a category of its personal and our Royal Members can truthfully anticipate enormous returns, each month.
This drags eSelfie into securities fraud territory.
Exterior of membership charges, eSelfie touts promoting income as funding a few of its compensation plan.
eSelfie receives R1.00 per person multiplied by a minimal of 10 Advertisers per day.
Usually advertisers aren’t eager about MLM social community due to the low-value members (persons are solely there due to the MLM alternative).
No specifics on eSelfie’s promoting income claims are offered, however I suppose it doesn’t matter seeing because the social community doesn’t seem to exist anyway.
The very last thing we’ll cowl is eSelfie purportedly promoting its pyramid scheme to “Mula Firm” members. That is from an August 2022 eSelfie “flash information replace”:
Mula Firm is at present within the technique of loading their ever rising knowledge base of eSelfie customers, to the tune of 357 000 members.
I consider this can be a reference to Hanli Lombard’s Mula* model of pyramid schemes.
No matter enterprise association exists between Lombard and eSelfie isn’t disclosed.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will membership charges.
This may stall recruitment commissions, finally prompting a collapse.
eSelfie isn’t a lot a “Fb Clone on steroids that pays you to publish”, as it’s a rip-off by which the vast majority of individuals will lose cash.