Seven Targets Review: Oldschool pyramid + travel
There is no information on the Seven Targets website indicating who runs or owns the business (also known as ‘Seven Targets International’, formerly ‘Seven Targets Limited’).
The domain ‘7tgs.com’ was registered on the 7th October 2010 however and lists a Gohn Mickal as the registrant, operating out of the state of Colorado in the US.
The listed street address, 44 Cook St. in Denver, appears to be a virtual office. This throws into question the overall credibility of the information provided.
Seven Targets describe themselves as ‘an internationally acclaimed direct selling company‘ with ‘a business model faster than thoughts and payable beyond your imagination‘.
Despite my best efforts, I was unable to find any information regarding any international acclaim Seven Targets has been credited with. Nor was I able to find any hard statistics on just how fast their business model runs in order to verify their claims that it runs “faster than thoughts”.
As for payable beyond my imagination… unless Seven Targets is a purely hypothetical business, that claim seems entirely unlikely.
Read on for a full review of the Seven Targets MLM business opportunity.
The Seven Targets Product Line
Seven Targets don’t have any retailable products or services. Rather, Seven Targets members market and sell membership to the company itself.
Membership to Seven Targets includes access to third-party vacation and hotel booking services. No commissions are paid out on the use of these services.
The Seven Targets Compensation Plan
Seven Targets are light on specifics but they appear to use a splitting matrix style compensation plan.
A splitting matrix style compensation plan starts with you at the top with two legs branching out under you and two more under these two positions and so on and so forth down each additional level.
I believe Seven Target’s matrices are either 2×3 or 2×4 matrices. In a 2×3 matrix this equates to six member positions that need to be filled and in a 2×4 matrix fourteen member positions. I’m leaning towards it being a 2×3 matrix as, including the top position on level 1, a 2×3 matrix has seven member positions in total (hence the name, Seven Targets).
The basic idea is that each time a membership is purchased (either by an existing member or new members), these positions are fed into the bottom of the matrix. Once the matrix is full the board splits with the person at the top cycling out and earning a commission.
With the top member of the matrix gone the two members on level 2 of the matrix then take up position 1 on two new matrices (what happens when the matrix splits) and the process repeats itself with new member positions to fill at the bottom of the matrix.
Seven Targets do not specify how much a member earns when they cycle out of one of the company matrices.
They do however specify that they pay a $25 recruitment commission each time a new member pays a membership fee and $50 to the recruiting member again when they cycle out of a matrix.
Joining Seven Targets
Membership to Seven Targets is $300 a pop with existing members able to buy multiple membership positions.
All memberships must be renewed at an annual cost of $20.
Quite obviously with Seven Targets all we’re looking at is an old school unrelated travel services + pyramid scheme.
As per the company itself, no products or services beyond company membership are sold and marketed by existing members:
Do I need to sell any products?
No. You don’t need to sell any products.
If no products are being sold this means that 100% of the commissions are being paid out of membership fees, with the payment of commissions being entirely dependant on the continual sale of new memberships.
If people stop signing up (or existing members stop buying new memberships), commissions dry up and the pyramid collapses.
Seven Targets initially launched as Seven Targets Limited before recently changing their name to Seven Targets International and are now more widely known simply as ‘Seven Targets’.
If I might be so bold as to suggest one further name change, I feel that ‘Seven Suckers’ might be more accurately representative and able to capture the true essence of the Seven Targets business model.