Triple Match Review: Global One launch new opp?
There is no information on the Triple Match website indicating who owns or runs the business.
The Triple Match website domain (“triplematch.me”) was registered on February 11th 2013, however the domain registration is set to private.
Welcome to the TripleMatch.me, TripleMatch.com, www.TripleMatch.me, www.TripleMatch.com, or BitIncome.me, BitIncome.com, www.BitIncome.me, www.BitIncome.com (the “Site”), a Site provided by TripleMatch, Inc. and/or BitIncome, Inc. (“we”, “us” or “our”).
but all of them are privately registered and apart from “triplematch.me”, were non-operational at the time of publication.
Interestingly enough, all four Triple Match and BitIncome domains are hosted on the same private server as Global One’s “iGoBidWin” and “iPayFire” websites (image right).
After noting possible involvement and ownership of Triple Match by Global One I was contacted by a James Hill, who clarified his ownership of Triple Match and why the company shares the same hosting server as Global One’s various susidiary companies:
I am the sole owner. I have been very open about that on my calls with leaders. However, I do like my privacy and many in this industry do not respect that concept. This is why I do not have my private information attached to the URLs.
The GlobalOne owner, staff, etc. are unaware of TripleMatch and BitIncome. They have nothing to do with our program. Absolutely nothing! There is NO connection, what so ever.
The server they are using is NOT private. It is simply a shared server. My developer will attest to this fact.
I asked my developer why we are on the same server as GlobalOne and he said that they had downgraded their servers and our program is certainly not ready for a dedicated server.
My attorney would (also) verify that there is no association with TripleMatch/BitIncome and GlobalOne, its owner, nor any of its company staff.
Read on for a full review of the Triple Match MLM business opportunity.
The Triple Match Product Line
Triple Match don’t have any specific information on their product line, and only offer up the following vague marketing copy:
You are going to love our products and by sharing them with others you can earn a very good income.
For example, an amazing Internet eWallet, which you will learn all about when you register. There is a mere $1 Transfer Fee when you are transferring funds to others.
Then, there is this great bidding program that is different than anything you have ever seen.
We know you want more information about the products and we want to show you. We also know, if we showed you the product websites now, you would get so excited, you would join them on the spot.
This would bypass us and our opportunity. That would be a BIG mistake.
What the products are is unclear but it certainly sounds as if Triple Match themselves don’t have any tangible products (as a stand-alone opportunity).
No further information about the “bidding program” is provided.
The company’s compensation plan makes repeated mention of affiliate “subscriptions”, indicating that Triple Match considers affiliate memberships as products.
This is further evidenced by the fact that visitors to the Triple Match website face an access brick wall unless they use an affiliate referral link:
At the time of publication the BitIncome website is non-functional with a broken timer:
The Triple Match Compensation Plan
The Triple Match compensation plan uses a unilevel compensation structure and pays commissions on the payment of affiliate fees by recruited Triple Match affiliates.
When a Triple Match affiliate recruits a new paid affiliate, they are paid a recruitment commission as follows:
- “Preferred Customer” affiliate ($4.95 a month) – $4
- Silver affiliate ($29.95 a month) – $21
- Gold affiliate ($49.95 a month) – $35
No commissions are paid on the recruitment of free affiliates, however free affiliates can earn the above commissions if they recruit paid affiliates.
Residual Commissions (dynamic downlines)
Residual monthly commissions are paid out on the affiliate fees charged to all paid affiliates:
- “Preferred Customer” affiliates – $2
- Silver affiliates – $3
- Gold affiliates – $5
Whereas it’s typical for fee-based residual commissions to be paid to the affiliate who recruited the affiliate paying the fees, in Triple Match downlines can be dynamic in nature.
At the start of every month one of two things can happen to an affiliate’s residual affiliate fee commissions:
- If an affiliate has recruited only one or two new affiliates, they are paid residual commissions on both affiliate’s fees or
- If an affiliate has recruited three or more affiliates, the two affiliates who have generated the highest residual commissions the past month are passed up to the affiliates upline
In the second scenario, the affiliate retains residual commissions earnt by the remainder of their recruited affiliates.
The above explanation provides the specifics of how Triple Match’s dynamic downlines work, but to simplify things:
If you have recruited three or more affiliates, you pass up the residual commissions your top two recruited affiliates earn to your upline.
Matching Bonuses in Triple Match are paid using a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of the structure, with every personally recruited affiliate placed directly under them (level 1).
If any of these personally recruited affiliates recruit new affiliates of their own, they are placed on level 2 of the original affiliates structure. If any level 2 affiliates recruit new affiliates they are placed on level 3 and so on and so forth down a theoretical unlimited number of levels.
Using the above structure a matching bonus is paid to a recruited affiliate’s upline as follows:
- All “Preferred Customer” affiliates and Silver and Gold affiliates who haven’t recruited any affiliates – $1 on “Preferred Customer” affiliates, $1.50 on recruited Silver affiliates and $2.50 on recruited Gold affiliates
- Silver and Gold affiliates who have recruited one new Silver or Gold affiliate – $1 on “Preferred Customer” affiliates, $3 on recruited Silver affiliates and $5 on recruited Gold affiliates
- Silver and Gold affiliates who have recruited two new Silver or Gold affiliates – $1 on “Preferred Customer” affiliates, $5 on recruited Silver affiliates and $10 on recruited Gold affiliates
- Silver and Gold affiliates who have recruited three new Silver or Gold affiliates – $1 on “Preferred Customer” affiliates, $9 on recruited Silver affiliates and $15 on recruited Gold affiliates
Joining Triple Match
Affiliate membership to Triple Match is available in four options:
- Free affiliate membership – No cost but unable to earn matching bonuses
- “Preferred Customer” affiliate – $4.95 a month
- Silver affiliate – $29.95 a month
- Gold affiliate – $49.95 a month
It might seem odd for Triple Match to gloss over their product line on their website but upon analysing the company’s compensation plan, it becomes clear why they do so.
Any products bundled with affiliate membership are irrelevant to the commissions structure, which is simply tied into the sale of Triple Match affiliate memberships.
As such what you wind up with is a recruitment driven income opportunity, with the more paid in affiliate memberships resulting in higher commissions paid out.
Recruitment commissions are passed to uplines, ensuring pressure will be put on recruited downlines to recruit new affiliates into the scheme, with the Matching Bonus acting as a recruitment incentive, paying out affiliates a higher matching percentage the more affiliates they recruit.
Ultimately once recruitment stops at the bottom of the scheme, those affiliates unable to recruit stop paying their affiliates fees, then those above them do the same because then they too aren’t earning anything and before you know it the entire scheme has collapsed.