JubiRev ditch auto reinvestment, add Quality Score
After taking in who knows how many hundreds of thousands (millions?) of dollars from affiliates who were urged to “purchase as many JubiBucks as (their) resources allow(ed)“, recruit as many “low-hanging fruit” affiliates from rival revenue-sharing companies and months and months of reassurance that their revenue-sharing compensation plan was “100% compliant”, JubiRev announced today two major changes to the plan.
In a webinar that went live just a few hours ago, JubiRev announced that they would be abolishing the automatic (and mandatory) re-investment component of the daily ROI paid out to affiliates, as well as the introduction of a “Customer Quality” score.
100% eCash Daily Payouts
Prior to today’s changes, JubiRev affiliates were paid a daily ROI in JubiBucks with a mandatory 40% re-investment in JubiBucks.
Sometime over the next fortnight, JubiRev are changing it to a 100% daily eCash payout.
What does this mean?
Affiliates now have complete control over how much of the daily ROI paid out is re-invested and withdrawn as commissions. Whether or not this will still be an automated process able to be set by affiliates is not clear.
Customer Quality Score
The Customer Quality Score is a metric JubiRev are going to introduce to measure how many of the JubiPoints affiliates dump on customer accounts are actually used to purchase products.
Despite reassurances that JubiRev customers will be lining up in droves to purchase JubiRev products with their own money, it’s no secret that by and large this has not occurred as planned.
Like Zeek Rewards, by and large JubiBucks given away to JubiRev customers thus far has not resulted in customers using their own money to purchase JubiRev products. In a large number of cases, these JubiPoints haven’t even been used.
Well aware that one of the focal points of the SEC in taking down the $600M Ponzi scheme Zeek Rewards was the revelation that only 0.25% of the bids dumped on customer accounts were actually used, JubiRev are going to try and address this with a Customer Quality Score.
Going forward, JubiRev affiliates will be required to maintain a 10% Customer Quality Score if they wish to receive a daily ROI calculated using all of their accumulated JubiPoints balance.
A 10% Customer Quality Score means that 10% of the JubiBucks an affiliate has dumped on customers, have actually been used towards purchasing JubiMax products.
Affiliates who don’t have a 10% Customer Quality Score, affiliates who have just been dumping JubiPoints on fake customer accounts to generate JubiPoints for the daily ROI, are only going to earn on the point difference that would qualify them at 10%.
Eg. If you had 1000 JubiBucks dumped on customer accounts to generate JubiPoints, however less than 10% of these JubiPoints had been used, you would only earn on 10% of your JubiPoint balance (100 JubiPoints).
This is an ongoing requirement that is calculated daily. Effectively, if an affiliate does not manage to meet this 10% Customer Quality Score requirement, their JubiPoint balance will slowly drop until the requirement is met (once point retirement kicks in).
Once the amount of dumped JubiBucks reaches 10% of the total JubiPoint score, then an affiliate will earn on 100% of their JubiPoints. Note however that this is a rolling requirement and as points retire and new JubiBucks are dumped each day, 10% of these new JubiBucks still need to be used.
New Customer Volume Requirements
In order to qualify for their daily ROI payout, JubiRev affiliates must now also qualify with Customer Volume points. These points are generated when a JubiMax customer spends their own money on JubiMax products (Jubibucks dumped on them do not count).
If an affiliate has 25,000 JubiPoints or less, they need to maintain a monthly 30 CV point requirement.
If an affiliate has a JubiPoint balance of 25,001 or more, they need to maintain a monthly 60 CV point requirement.
New JubiRev affiliates are given 60 days to achieve the CV requirement.
Conclusion
In tonight’s JubiRev webinar J. Joshua Beistle announced that the above changes were being introduced after “leaders” expressed concerns over “abuse” occurring in the MLM revenue-sharing niche. Beistle specifically blamed Zeek Rewards (revealed by the SEC to be a $600M Ponzi scheme) and GoFunPlaces (a revenue-sharing MLM company who abandoned the US market due to legal advice that the business model was “not legal”).
As a result these leaders were hesitant to join JubiRev with their teams, despite Beistle assuring these leaders to “quit worrying about” their concerns.
Beistle reveals that after consulting with “80% of the world’s most renowned MLM attorneys” (no names were provided), that the above changes were needed to “solidify the JubiRev stance on compliance”.
Where these MLM attorneys were before thousands of affiliates handed their money over to JubiRev or why Beistle had been running around assuring everyone JubiRev was compliant under their previous business model was not explained.
My analysis?
The problems the SEC had with Zeek Rewards were made public in August of 2012. Despite this however, JubiRev went ahead and launched with a near-identical affiliate-funded daily ROI compensation plan.
Looking at metrics such as JubiRev’s Alexa ranking and promotion of JubiRev within the industry, it’s clear that the company has slowly come to realise that, in encouraging their affiliates to mass-recruit affiliates hooked on the passive investment nature of Zeek Rewards and the various reload companies that have come after it, they aren’t going to change their behaviour on their own.
These affiliates flocked to JubiRev and other companies on the promise that they could invest their own money, buy fake generated customers from third-party merchants (or set them up using fake emails) and after dumping whatever qualifier the company used (sample bids, JubiBucks, GoFunDollars etc.), generate points that would then be used to calculate a daily ROI.
Zeek Rewards introduced this re-imagining of a Ponzi scheme and every MLM revenue-sharing company since has tried to run with it.
What has happened thus far is that either the opportunity has collapsed shortly before or after the initial honeymoon 100% re-investment period before affiliate’s points begin to expire, or after seeking legal advice they’ve abandoned the business model altogether.
JubiRev, guilty of raising funds on the post Zeek Rewards passive investment gravy train, have taken a slightly different approach and are now seeking to force their affiliates to generate customer purchases. I say force in that if it doesn’t happen, affiliates don’t get their daily ROI – which, let’s face it, is the only reason affiliates joined the company to begin with.
Naturally this is going to upset what is probably a large portion of their affiliate-base who will simply not accept that an affiliate-funded scheme that pays out a daily ROI subject to how much an affiliate puts into the scheme is nothing more than a Ponzi.
Due in part to the encouragement and repeated endorsement by JubiRev management for affiliates to purchase fake customers from third-party merchants who don’t ever use the JubiBucks dumped on them, many affiliates will no doubt now be in the precarious position of not being able to contact these customers and urge them to use the JubiBucks they dumped on them.
As such once the Customer Quality Score metric kicks in, these affiliates are going to be left with no choice but to try and build their JubiPoint balances again, working with only the 10% JubiRev are paying them on each day.
And of course that’s on the assumption that they can then find actual customers to use at least 10% of the JubiBucks they continue to give away.
As the news of the Customer Quality Score and change to 100% eCash payouts were made, here’s how one affiliate took the announcements:
That is not what people were told when they signed up. They were told to giveaway JubiBucks and eventually customers may or may not use them but your job is to giveaway JubiBucks.
So now you are being forced to have someone make a purchase with their credit card even though you have no control over this.
Now that they have everyone’s money locked up they realize that customers aren’t using the JubiBucks.
Hell all you had to do was look at Zeek to figure that out.
Well aware of this expected backlash from affiliates who are going to feel like they’ve been bait and switched on, JubiRev President J. Joshua Beistle took the time to adress these affiliates directly during tonight’s webinar:
There are those of you out there that come from other rev-share companies, and I’m happy that you’re here.
What in part you have carried over a culture which we need to abandon, the culture of revenue-sharing needs to go away. It’s is over.
This is not an investment, it never has been.
For those of you who might have been in another company, they’re not here are they? Leave it at the door, the old rev-sharing mentality is not the Jubi way.
If the investment side of the revenue-sharing culture is your thing, go somewhere else.
Again, why affiliate’s weren’t told this before thousands of them handed over money to JubiRev on the promise of the continuation of revenue-sharing profits past, was not clarified or explained.
Some other bonuses were mentioned on the call (car bonus, fast start bonus, rank advancement) however no specifics were provided. Beistle did state that information would be forthcoming within a week though, with information likely to be released sometime next week.
Pending an official revision to the JubiRev compensation plan documentation we’ll of course have a full review up.
Until then, it’s going to be interesting to see what happens going forward. Passive investors who were directly responsible for the “success” of every revenue-sharing company in the industry have just been given the boot.
Meanwhile there’s also the question of whether a 10% use of JubiBucks will change the revenue flow in JubiRev which, quite obviously has thus far been overwhelmingly affiliate funded.
To date, JubiRev has not made public the percentage of JubiBucks that have actually been used vs. given away by affiliates. JubiRev’s Video Manager T. LeMont Silver did however mention on a webinar after the official JubiRev one that the company “wasn’t happy” with the amount of JubiBucks being used by customers.
Will forcing affiliates, who have convinced themselves that the passive revenue-sharing MLM business model is legit, find actual customers and convince them to purchase products work in the long-term?
Stay tuned…
T. LeMont Silver just stated on a followup webinar that JubiRev needs to generate 50% retail revenue otherwise they are “exposed”.
He said that despite J. Joshua Beistle sound happy on the previous webinar call, that he is “extremely frustrated” with JubiRev’s “first” lawyers, as they allegedly did not make this clear with the same “fervour” that the current rotation of lawyers are attributing this figure.
Meanwhile we here at BehindMLM have been going on about a 50% revenue within the MLM sphere for nearly half a decade. Infact in his previous dismissal of the analysis here, T. LeMont Silver has even gone so far as to label myself a “liar” and “punk”.
I for one am glad we’re finally on the same page about the MLM revenue-shareing niche. It’s taken a while but at the end of the day *wink wink, nudge nudge* compliance doesn’t hold up.
Whodathunkit…
Meanwhile whether customers can be convinced to spend their own money when affiliates are wanting to dump ever-increasing amounts of incentivized JubiBucks onto them remains to be seen.
Yep, bait and switch… get people to pound in millions of dollars then hold the money hostage basically.
One additional thing I noticed was the repeated reference to Zeek Rewards not “implementing changes” their lawyers recommended them. Changes that “people weren’t going to like”.
In acknowledging this, the question arises as to why JubiRev was launched without these changes in place. If management are placing such importance on these changes that were never implemented in Zeek Rewards, they were obviously aware of the specifics of those changes before JubiRev launched.
Why didn’t JubiRev launch with these changes (or a derivative of them)?
And amusingly, it was only a few weeks ago that Silver called bullshit on GoFunRewards’ announcement that they’d received legal advice that the Ponzi points comp plan as both JubiRev and GoFunRewards were using at the time was illegal.
Today JubiRev just effectively made the exact same announcement.
After watching JubiRev for months I must say it’s been rather entertaining. I agree this will cause plenty of uprising from those who have jumped from one revenue share program to the next. How people continue to believe creating lasting, passive income from an unsustainable comp plan with no customers and no recruiting (if they choose) so long as they invest one time themselves has become humorous.
What’s that old saying, fool me once shame on you, fool me twice shame on me?
While I agree T. Lemont did not promote this as it was presented tonight I also see this as a positive step forward for those willing to promote the program the right way.
The problem I see is that the company is filled with passive investors and promoters (again) and not network marketers. And JubiRev has no one to blame but themselves because that is exactly how they have promoted it from the start and who they attracted.
I have been saying for a while that this revenue sharing concept is what today’s market and generation wants and it is tearing at the fabric of the legitimate MLM market with each failed attempt.
Eventually some company will figure out how to blend this concept into traditional MLM so that the average or inexperienced marketer that is willing to put forth effort has a fighting chance.
Will JubiRev be the answer? I think it’s too early to tell. However promoting it as a “legal” ponzi to past ponzi promoters and players because it has products that no one was ever going to order was not a good start.
I personally liked what J. Joshua had to say tonight and thought it was a great step in the right direction of ridding the company of its ponzi mentality.
Find real customers, sell real product, recruit like-minded affiliates to do the same and be held to qualifiers to earn daily commissions. What a concept! Really, was that that hard to think of?
Now only if he would have explained all that months ago…
The honest truth is they should only pay the bonus on the customer quality score.
If you have 1000 points, and daily share is 2% (20), and your quality score is 10%, then you should only get 2 points!
And if your quality score is 50%, then you should get 10! (1% net)
That’ll get rid of all the riff-raff who can’t sell anything right away.
This 10% minimum thing is mostly dressing, little substance behind it. There’s a HUGE cushion to let the riff-raff rack up some token sales. You can almost fake it by having affiliates buy from each other, I’d imagine. I haven’t done the math yet, but it doesn’t sound impossible.
I’m also worried that the CV thing can be satisfied through self-consumption. That would make them fall back under the Omnistrition restriction… buying stuff merely to qualify oneself for payout. That’s a little unclear.
So, not an OUTRIGHT Ponzi, but still suspiciously pyramid/Ponzi.
It shouldn’t have attracted that crowd in the first place. 🙂
If J Joshua and T Lemont would have promoted the company as it is as of tonight, JubiRev would not exist as it does and would not have gained the same traction.
I am not saying that they mislead people but I can tell you that if they explained this same compensation plan that they explained tonight several months ago we might not be having the same conversation as JubiRev would not exist in it’s current form.
Now T Lemont has told people for months to purchase what their resources would allow without any of the rules that are in place now. He even told people to make purchases prior to the compensation being visible in the back office. A lot of people like T Lemont and put a lot of trust in him so they went with it without any second thoughts about it.
Now some of these same people that were told to purchase customers from the company 3rd party approved source are stuck between a rock and a hard place as for the most part don’t know those customers from jack, lol.
So now you have a bunch of affiliates that have no real customers, zero quality score, no JubiBucks to give away to any real customers now even if they wanted to because they aren’t able to earn going forward.
So these affiliates now have 2 choices. 1. reach back into their pocket and purchase more Jubibucks with their own money. 2. Try to contact a bunch of people that you gave JubiBucks to that they 9 times out of 10 don’t know when the company was the one pushing this approved 3rd party source.
This was clearly a money grab from the company standpoint to slow the bleeding of the DLB paying out to everyone because the influx of new money in comparison to old affiliates was off balance.
I personally have nothing against the change in compensation plan but the way it was done was just wrong as affiliates had no time to prepare. I mean the company up until this point has given prior notice to everything rolled out in terms of any new products or changes. However, this new change from the company was done while affiliates were still on the conference call, lol.
This was just low and dirty on the company’s part. They could have at least given the affiliates until the first that way some of them would have a fighting chance of at least trying to attain a real customer by way of a family member or friend.
However J. Joshua B knew exactly what he was doing as this will allow the percentage of folks qualified to reap great DLB and others that can’t qualify will quit and some will have to buy more JubiBucks to bring up their quality score.
Either way this is just a sign of more things to come as they may not have picked up their bags and run for the border but they are surely holding millions of dollars of affiliate money gain by way of the promise of the old revenue sharing model.
Without the passive people JubiRev would not be what it is today and it will be interesting to see how the company does after telling them to take a hike.
They sure were not saying any of this stuff when they were in building mode, but now that they have affiliates money tied up they have a new tune.
It is crazy watching this play out when just a couple of weeks ago they were talking trash about GFP and now they are following in the same footsteps if you ask me.
Just dirty the way that J. Joshua B handled this situation so suddenly with his affiliates.
It is almost like he treated his affiliates/promoters like ho-s, treating them like you will deal with whatever I decide or just leave, period!
This is some crazy stuff.
Where’s Mitch that did the Zeek video?
We need to splice together T-Lamont Silver doing the flip-flop two weeks apart. 😀 You got recordings of both webinars, right?
It is just a wishful thinking. If they try going legitimate route most of “shared revenue” will end up on top of a pyramid anyway with the rest fighting for scraps.
So “shared revenue” may become another recruiting tool for MLMs with no real change to the real problem: most MLMs’ members are losing money.
This was in his playbook from the start. It is relatively new trick. Launch ponzi or an illegal pyramid under “new concept that is completely legitimate”. But in few month when most money is gone to some offshore destination, make changes that affiliates could not withdraw their money legitimately under cover “our legal team made us make changes”.
So now they are hoping that most affiliates will leave without any noise. And if they try to complain counter with “we are completely legitimate MLM now”. Money are made, it is almost time to close shop.
@Kasey
There’s an additional volume requirement 60/240 or something from memory. The 30/60 CV I have quoted is customer volume only (customers have to purchase products with their own money (paying for shipping doesn’t count).
I didn’t bother including the additional volume requirements as most affiliates will self-qualify via re-investment into JubiBucks. It’s the CV they have to worry about.
I don’t save recordings of them, the YT ones are all there though. But cmon, like I have time to make comedic videos :). My article workload has been insane these last few weeks … and I’ve still got a ton of emails/requests sitting in my bookmarks folder!
Can tell you one thing… I will NEVER join a ‘company’ or program that T Le Mont Silver Sr is involved again!!
3. Force these A**holes into involuntary bankruptcy or file a Complaint and Motion for a Receivership.
I would allege that the company took money in under false premises that it has transferred or wasted assets and needs to be under court supervision for the benefit of the creditors.
A loser is a loser.
I like this option for sure!! We should start a website to get others to join this idea… and no not to ‘fund’ a legal defense team lol
Some of them can potentially perform a chargeback, depending on the payment method they have used.
People should make some notes about their own involvment in JubiRev, just like the Howard Kaplan advice for ZeekRewards (notes about investments, payouts and work). It will most likely become a “useful tool” for some people.
People should store their backoffice history on their own computers, “freezed” at the date of significant changes, e.g. as a screenshot.
People could try sending a complaint to JubiRev …
“My primary motive for paying money was the profit sharing. The current changes will heavily reduce my earnings from the program. I will prefer to get my payments back [specified amount] and cancel our agreement.”
Or something similar, but make sure you have contacted them relatively early and have made specific objections, and have asked for refund. Ask a lawyer for inexpensive advices?
I assure you Eric its been done before, though perhaps not under exactly the same circumstances. A single person can get the ball rolling.
You could even do it pro se, but the more financial support the better because the managers at Jubi would fight an involuntary bankruptcy and/or a Receivership. I would at least consider it, because for now those guys control it all and I think the Courts would be very sympathetic.
Daam Oz, once again your right, lol. I’m with Jubirev jubimax, and put in alot of money, and always defended them from you, lol. But I’ve been so furious since lastnights call and all the changes to the comp plan.
I’m set on 100% withdraw mode right now, and so are alot of people that I discussed the call with. This is exactly what happen in Bidify that caused them to crash a few months later. So I will be trying to get out ASAP.
The only thing is I am sure they can for the fact it says in agreement they can change at anytime…
Of course any contract they prepared would say that. It may be no more than a passing interest to you but if you feel they have misrepresented things in order to get you to invest or have been dishonest then look up illusory contracts and bait and switch tactics.
General clauses like that can be used to scare people away from suing them, but they can’t be used for major changes changing the basic ideas in the agreement.
If you as a customer have a 1-year contract about buying some specific goods at an inexpensive price or a fixed discount rate each month, SOME minor changes can be made to the prices or the discount during that year. Major changes will require a new contract both parties can agree on.
Legitimate changes:
* Inflation adjustments, typically 1 time per year.
* Cost motivated changes, reflecting actual changes in costs (e.g. if you buy gold coins at 6% premium rate, the price can change from month to month, following the spot price)
* Most other minor legitimate changes, when they are needed to maintain the basic ideas of the agreement (protecting the rights of both the seller and the buyer).
If you have paid money in to an income opportunity where most of the income comes from a passive investment, it will be a major change if they drop that part of the program. The party affected negatively can claim compensation for loss, or a refund and cancellation of the whole agreement.
If the changes are needed to make the program become legal, it means it hasn’t been legal from the start. They should try to reverse that illegal part before they make any other changes.
FunkyShark reversed the illegal investments, but the owner had to pay it back from his own pockets. That will cost him MONEY, but it will also heavily reduce any charges against him (probably resulting in a minimum fine, adjusted for the amount involved). He will probably be able to recover some of the money from the winners (he kept THEM out of trouble, too).
JubiRev might have some jurisdiction clauses in their agreement. That might affect which solutions you can use, but the first step is normally to complain directly to the company and get an answer from them.
A minor change to one of my examples …
Gold coins to 6% premium was a poor example. “6% premium over spot” explains itself, the prices WILL change during the year.
A legitimate change can be “6.25% premium over spot” if the US Mint has adjusted their premium rates 0.25% during the year. The seller can pass changes like that onto the buyer, protecting his own rights without changing the basic ideas.
The buyer is STILL getting his gold coins at a very low premium rate, and the seller still makes his 3% profit on the sales (he’s a friend of the buyer, only charging him the absolute minimum).
General clauses can only be used for legitimate changes, typically something the parties couldn’t know about when they signed the contract, typically minor changes acceptable for both parties. And parties affected can complain and negotiate about any new conditions, or have it resolved in other ways.
JubiRev’s management clearly knew or should have known that major changes had to be made to the agreement right from the start. People should claim to get their money back and cancel the whole agreement, and to be compensated for expenses.
The company itself is located outside the US, but the managers are mostly from the US. Claims can be directed towards the management rather than the company, “piercing through the corporate veil”.
Affiliates need to understand that it could be worse. JubiRev could bring in the “Terminator”, Kevin Thompson, as their lead legal council to coach Jubi management into “legally” running off with everyone’s millions while continuing operations in some Asian country.
He can take over the complaint department with his go screw yourself letters “read the agreement”, fight charge-backs with the credit card card companies and send his cease and desist threats to those that publicly call out his client for stealing their money.
Then he can go on others websites and bad rap all the other ponzi’s out there except the ones that he represents and tell the consumer how they should “know better” because the information is out there.
When it comes to due diligence my biggest advice is if Kevin Thompson is on the payroll kiss your money good-bye! I would never recommend joining any program he represented and I certainly wouldn’t be surprised if he turned out to be involved here at some point.
seriously guys? Receiverships because they want you to have 10% of the JubiBucks you give away used?
The point has always been from the beginning to get JubiBucks used so that customers can sample the products. That will help create customer revenue which helps sustainability.
Everyone I know is way above the 10% requirement to the point where it’s a non-issue. If you were dumping the JubiBucks on fake customer accounts then you are part of the problem. You’re lucky that Josh gave you a way to correct it by extending the lifespan of existing points by 30 days.
So if you remedy it quickly, you’ll actually come out ahead. Or if it takes you a month, you still won’t lose anything. They’ve made it incredibly easy, but it still takes a little work.
Treating it like a game and abusing the system hurts us all. All of my customers love the products, so why not give people you know the opportunity to try them for free?
Yeah, like your money might be held at the Liberty Reserve digital cash exchange or something.
Kevin Thompson wasn’t a terminator in the Bidify case, but he did his best to protect the interests of his client (Fraudy Jorgensen), at the expense of the affiliates, but as an emergency solution for his client. He did a good job protecting his client, e.g. he delayed complaints from investors for some time.
Kevin Thompson won’t be any problem here. Lawyers will try their best to protect their clients’ interests, but they will normally prefer a solid case. He doesn’t have a solid case here, so I don’t think he will become any problem.
If people are unhappy with changes in the compensation plan or other changes, the first step is normally to analyse and specify how those changes will affect them, and what they can or will try to do about it.
I listed some options / initial steps in post #17:
* Chargebacks
* Complain directly to the company
* Collect and preserve documentation
It’s basically about analysing the situation, make a decision and do something in the right order.
It’s around two weeks ago when J. Joshua Beistle sent out his motivational “recruit recruit RECRUIT!” e-mail, promising to bring people to new heights they never dreamed possible. 🙂
Link to another thread:
The “new heights” are probably the current changes, something people “never dreamed possible”.
Most of us nearly fell for that idea about the new heights. “What can that be about? Should we join and become leader types?”. But it ended up as it always does, we analysed it until we had completely lost any interest.
In case someone is preparing for an exit/complain strategy, some of the communication FROM company leaders or ABOUT company leaders can be used to fight resistance from a lawyer, e.g. to establish whether or not the other party has tried to mislead the investors.
Check out what I found….
http://www.change.org/petitions/jubirev-jubimax-would-like-affiliates-to-have-option-to-get-initial-funds-back
Its a start.
Not enough. Getting rewarded for your own purchases (of Jubibucks) is going to get Jubi into trouble with the Koscot test. Omnitrition tried this “just buy stuff to qualify yourself, and give away the stuff if you want, or dump it in teh garbage, whatever” approach. It “lost” the decision.
Do any of your customers PAY for the products, spending their OWN money rather than JubiBucks?
You have partly understood that part. Without money coming in from customers, they can’t legally pay out money to the affiliates either, more than what each affiliate have paid IN. You’re not making any money legally if you don’t bring in real customers ( … spending their own money).
Yeah two have so far, with a at least one more planning on it once their supply of products they got with JubiBucks runs out.
Assuming nobody else does, that would mean that just over 10% of my prospects who sampled became regular buyers. That’s right around the percentage I’d expect.
Not enough, I know, but over time that 10% would become a large amount of buyers. Obviously they need to stop people from just pumping in fake customers, which is the purpose of the Quality Score addition.
Yeah that’s supposedly coming to an end too in the coming weeks. No more commissions on JubiBucks either when the other changes happen – they’ll simply be an option to use as a sales aid.
10% does not seem like much but a week ago it was 0%, A week before that the company was promoting itself as 100% legally compliant.
The company initially had it on good faith that people would give the JubiBucks away with the spirit of having them used by customers, not just getting fake customers and dumping them to get the JubiPoints.
Lots of people have done just that – many even having Quality Scores of 80-100%. I know that nobody I talk to regularly is even remotely affected by it, because they were getting interested customers from the beginning.
It’s only people who were, for lack of a better phrase, abusing the system that are going to be under that 10% requirement. And instead of punishing them, Josh made the points earn for an extra 30 days.
That gives people plenty of time to fix their score, start getting product out to customers as intended, and actually come out ahead. Even if it takes you two weeks to improve your score, that’s still an extra two weeks of earnings that you wouldn’t have had before thanks to the extra 30 day lifespan on existing JubiPoints.
It’s really a win/win.
Seriously… these ‘System Abusing’ affiliates as you call them are JubiRev themselves.
They got affiliates to use ‘Fly Guy Marketing’ to get these ‘real’ customers but none of these Fly Guy Marketing customers spend a dime. And second your 30 days thing is only for some affiliates, lots only have only 2 days to fix the score.
JubiRev has provided that solution itself to attract passive investor affiliates. That has clearly been reflected in previous articles, e.g. in the “Guaranteed Profit” videos.
https://behindmlm.com/companies/jubirev/jubirev-marketed-as-guaranteed-profit/
You have your own passive investment, you too, the one where you can invest and reinvest in JubiBucks (in order to generate more JubiPoints, so you can earn and reinvest more JubiBucks, in order to generate more JubiPoints, so you can …).
The profit share is a passive investment. It’s also a fraudulent investment, generating a fake profit in “points” that can be reinvested and compounded, but using money from investors when anything is paid out in cash.
JubiRev is a COPY of ZeekRewards, using “JubiBucks / JubiPoints” rather than “Sample Bids / VIP Points” as investment vehicles. None of them will generate any profit that can be shared.
ZeekRewards also had a few sales to real customers, but a few sales doesn’t make illegal parts become legal. “Legit sales” were mostly internal consumption used to earn 20% extra rewards (compared to sample bid purchases).
The main idea in JubiRev has been “GO OFFSHORE”, register the company offshore, register offshore shell companies to launder the money, use non-licensed payment processors. That will potentially prevent it from being shut down too fast, and potentially prevent clawbacks.
No, everyone has 30 days. Doing it sooner buys you extra earning days though, so the time limit is really irrelevant.
The 2 day thing that some people have is for the 30 CV ($30 of actual customer volume), but that requirement has been in the comp plan since day 1.
People not keeping track of time isn’t the company’s fault, since they’ve brought the requirement up on multiple webinars in the past.
Well doing it the right way – getting customers who actually use the JubiBucks and later become buyers – is real work. I can say that from experience. Is it still an investment? I’m not sure.
I do agree that it had (and still has, though to a lesser degree) the loophole where it can become passive through the fake customers/dump points issue. In that regard, the 10% Quality Score doesn’t go far enough.
The purchase -> earn -> repurchase setup is going away soon though. Definitely agree that it is problematic, as does the company now. I do believe that we are far ahead of Zeek as far as customer volume though, especially with lots of people’s sales requirements kicking in over the next couple days.
I don’t trust FlyGuy at all, and haven’t from the beginning. Thus, I don’t use it and neither does anyone on my team. I believe anyone who went with FlyGuy knew that they were taking the results out of their hands, in hopes of an easier process. That’s a risk you chose.
After 10-15 customers from them (roughly how many I’ve heard people have gotten) who didn’t use any JubiBucks, I personally would have seen enough to know that it was time to go get my own customers.
By that point, you had to know that just dumping JubiBucks on customers who probably weren’t going to use them wasn’t helping anyone.
Nothing personal but I really hate that phrase. It immediately puts me on guard.
I agree that a lot of affiliates used fake accounts and that is part of the problem. However, where Susan is missing the point is this is not 100% the affiliates fault when it comes to the FlyGuyMarketing aspect of it.
You have T Lemont pushing FlyGuyMarketting as a 3rd party company approved source which by company standards is suppose to be safe for it’s affiliates, right.
So it’s the affiliates fault that they used this service when they were encouraged by T Lemont to use this source and he represents the company in absence of JJB on conference calls even though he is an affiliate/promoter like everyone else?
Granted every affiliate has to take responsibility for their own business at the end of the day, but the company has to take some as well.
How they went about bringing this change about will hurt them in the long run. It is not that they made the change as it is a step in the right direction, but it is how they rolled it out.
You don’t do that to your affiliates. The affiliates had not even a 24 hour warning, and to make it worst they rolled it out while the affiliates were on the conference call.
That was pretty low to me and J Joshua B is no saint in this matter as in my opinion this was planned as a back up just in case the JubiBucks situation ever did become an issue.
He is no dummy and had to know that it would be an issue at some point and he and Randal most likely built this in as a safeguard, but dumb affiliates will assume that they just found out that this was going on!
With the experience that JJB, RW, and TLS have in this industry and mind you these men aren’t stupid you can’t tell me this is the first time they heard of the 50% customer rule!
Either way Jubi affiliates need to ask themselves this question going forward. If they could at a moments notice change the comp plan to benefit themselves without given affiliates even a 24 hour notice, what’s next!
Only a fool would put their money into this company now and I seriously believe they are going to have a tough time getting big leaders going forward because the model represents a traditional MLM model with a ton of changes to boot in it’s first 60 days.
The model of giving away free products to customers and hope that next month or sometime down the road they are going to spend their own money is flawed. It may work for a small percentage but it will not work for the masses.
Just look at the Alexa ranking for JubiRev and JubiMax as it is already telling you what you need to know as it is slipping as we speak.
Mind you the comp plan is barely 2 months old and it has already gotten a make over. What will happen in the next 60 days?
Either way I see Jubi at this point as a sinking ship that will slowly fade away in time and I hope that the affiliates that have money in this thing at least break even.
Oh like Susan said no more earning JubiPoints on your referrals so people like T Lemont who built big point totals are smiling while Joe and Susie Average will suffer and struggle to gain the same advantage.
Now is that fair as the new affiliates coming on won’t have the same advantage, but don’t get me wrong as if you are a leader you should be rewarded for bringing on a big team but going forward new people won’t have the same advantage as the first movers did that had big teams.
So much for a level playing field, right! But people like TLS who are overriding the entire company have nothing to worry about.
But as TLS says just purchase as much as your resources will allow but don’t hurt your family.
Yep T Le Mont will be laughing all the way to the bank with his $1,500 a day… not to brag or anything right T Le Mont???
Whatever it is, IF it fails the insiders will almost certainly be capable of withdrawing their balance of “entitled” funds from the company’s account(s) before anybody else.
Management tends to see this as their prerogative.
For some people, that part of the compensation plan was the MAIN motive for putting any money in. It’s a major change, not covered by any valid agreement. It will most likely lead to disputes. Do they have any plans for resolving disputes like that?
This is getting very interesting its all starting to sound like all the other money games.
People Please stop funding these games and you will be able to sleep at night and keep all your money. Next time you get the urge to put money in a program dont take that money and go buy something.
At some point you have to look in the mirror and ask your self why does this always happen. Well let me tell you what I believe is going to happen and how this works.
When a daily profit share opens its doors the top dogs have a number that they want to get to when that dollar figure hits things start to change. Guess what its now starting to morph they have hit that number.
So in closing good luck to all the jubi reps with this one you might just finally get the education you always wanted.
Perhaps a better question to ask the mirror is:
“Where, outside the get-rich-quick and ponzi arenas does a “daily profit share” program exist
ESPECIALLY one that offers the same sort of daily profit share offered by JubiRev”
The 80 percent line by Beistle is a classic, Oz. Maybe he should consult with Craddock to see if he can get it trademarked/copyright-protected — you know, like the word “scam.”
In any event, the Beistle line about the JubiRev “stance on compliance” reminds me of Zeek’s purported long-running concern about “compliance.”
Along those lines, it’s too bad Beistle didn’t consult with 100 percent of “the world’s most renowned MLM attorneys.” He could have asserted bragging rights for running the table.
T. LeMont is pleased, though: JubiRev has “multiple, multiple attorneys,” he informs the masses.
JSSTripler/JustBeenPaid/ProfitClicking — “programs” from which some of Beistle’s members no doubt hail — claims to this day to be “an internationally based organization committed to operating by legal compliance, with the aid of our in-house globally renowned law firm.”
Now, JSS/JBP/ProfitClicking has run with the money — again. This apparently is permissible under its version of ASD’s “rebates aren’t guaranteed” clause.
Just another day in MLM La-La Land.
PPBlog
Oz, highly suggest that you take a look at the new ‘Maximum Impact’ compensation plan after the comp plan pdf and powerpoint is released on Monday.
Jubi has made a ton of positive changes in regards to compliance and sustainability. Should be worth an entirely updated review.
So this is like Jubi V2.5? 🙂
@Susan
Will do. Have been keeping an eye on it and when the PDF is out will put out a comp plan 2.0 review.
Personally I still maintain the opinion that they’re just not going to be able to make “honest” MLM affiliates out of all the HYIP passive investors they targeted over the past few months to pump funds into the company.
It’s great that Beistle and T. LeMont Silver have come to realisation that Ponzi schemes are illegal in the US (gee, whodathunk…?), but all this talk about “we’re gunna teach you to build your following” is just Silver trying to work with what’s left of the affiliate base (those who invested too much to just write it off and walk away).
Those investors are only really interested in one thing, doing whatever they have to do in the new compensation plan to recover their investment in JubiPoints and then get the hell out of there. JubiRev 2.0 is simply not what they signed up for.
The icing on the cake is Silver himself, as Jubi 2.0 is also not what he signed up for. Given his track record he’s clearly not interested in legitimate MLM ventures so it’s interesting to watch how far he’ll push the narrative to retain as much of his “following” as he can.
It’s not easy waking up one day and having to accept you’ve been promoting Ponzi schemes to people you refer to as your “family” for the last couple of years. Harder still when you’ve been chasing one scheme collapsing after another.