WebDocsNetwork Review: Doctors and recruitment
WebDocsNetwork launched in late 2010 however there is no information on the WebDocsNetwork website indicating who owns or runs the business.
The company’s website domain (“webdocsnetwork.com”) was registered on the 2nd of September 2010 and lists a “T. C. Chyung” as the owner. An apartment address in the US state of Illinois is also provided.
On the Twitter account @WebDocsNetwork, Chyung credits himself as being the founder and CEO of the company:
Why this information is not present on the WebDocsNetwork website is not known.
History wise, other than being credited simply as “a businessman”, I was unable to find any information on any past MLM ventures Chyung might have been involved in.
Read on for a full review of the WebDocsNetwork MLM business opportunity.
The WebDocsNetwork Product Line
WebDocsNetwork has no retailable products or services. Instead, affiliates pay to join the company and are then given access to ‘a national network of U.S. licensed, board-certified physicians who provide quality care for non-emergency medical needs‘.
For a monthly membership fee, WebDocsNetwork claim to provide members with
unlimited access to U.S. licensed physicians via web-cam, phone, or secure e-mail. Immediate access available 24 hours a day, 365 days a year.
The WebDocsNetwork Compensation Plan
The WebDocsNetwork compensation plan primarily rewards the company’s affiliates for recruit new paid members into the company.
WebDocsNetwork Membership Ranks
Within the WebDocsNetwork compensation plan there are 8 membership ranks and along with their respective qualification criteria they are as follows:
- Member – pay $19.95 WebDocsNetwork monthly membership fee
- Consultant – pay $39.95 WebDocsNetwork monthly membership fee
- Bronze – recruit 3 Consultants
- Silver – recruit 10 Consultants
- Gold – recruit 25 Consultants
- Platinum – recruit 50 Consultants
- Diamond – recruit 100 Consultants
- Executive Diamond – recruit 250 Consultants
Fast Start Bonus
The Fast Start Bonus is paid out to all WebDocsNetwork consultants who recruit other consultants. It is paid out down five levels, with the first level being consultants you personally recruit, the second level being any consultants your first level recruit and so on and so forth.
- first level recruitment – $25
- second level recruitment – $2
- third level recruitment – $1
- fourth and fifth level recruitment – $2
- sixth level recruitment – $3
WebDocsNetwork pay out a one time recruitment commission upon a member recruiting a set number of new members into the company.
- recruit 100 new members = $500
- recruit 200 new members = $1000
- recruit 500 new members = $2500
- recruit 1000 new members = $5000
- recruit 5000 new members = $25,000
- recruit 10,000 new members = $50,000
- recruit 20,000 new members = $200,000
Residual commissions are paid out in WebDocsNetwork using a 3×9 matrix compensation structure.
A 3×9 matrix places an affiliate at the top of the structure with three legs directly under them. Directly under these three legs are another three legs and so on and so forth down nine levels.
Each of these legs is a member position that can be filled either via direct recruitment or the recruitment efforts of others.
Commission payouts via the WebDocsNetwork matrix is simple, for each recruited member an affiliate has in their matrix who pays their monthly membership fee, the company will pay out $1 each month.
Note that “Member” and “Consultant” ranked WebDocsNetwork members are only eligible to earn on the first six levels of their matrix. Levels 7-9 are only payable to Bronze or higher ranked members.
Matching Matrix Commissions
Available to Bronze Consultants and higher ranked members, the Matching Matrix Commission is a commission match on the matrix earnings of personally recruited members in your downline.
How much of a percentage match earned depends on a WebDocsNetwork member’s membership rank:
- Bronze – 50%
- Silver – 60%
- Gold – 70%
- Platinum – 80%
- Diamond – 90%
- Executive Diamond – 100%
Consultant Rank Bonus Pool
The Consultant Rank Bonus Pool is open to “Silver” or higher ranked WebDocsNetwork members and is made up of $1 per member (of any rank) who pays their monthly membership fee.
Shares are allocated equally amongst WebDocsNetwork members who are eligible to receive the monthly bonus.
Membership to WebDocsNetwork is available in two options:
- Member – $19.95 a month
- Consultant – $39.95 a month
Note that “Members” are only able to earn on the first six levels of their matrix and are not eligible for any other commissions or bonuses.
Short of expecting that members of WebDocsNetwork have access to the medical services the company claims it provides access to, I’m not going to discuss or analyse the merits of the service.
Because it simply has nothing to do with how WebDocsNetwork members are compensated via the company’s compensation plan.
You could pair the WebDocsNetwork compensation plan with any product and the end result would still be the same – members are paid to recruit new members and continue to earn commissions as long as monthly membership fees are paid.
With “Members” able to earn commissions there’s no retail offering in WebDocsNetwork so effectively you’ve got a company full of affiliates who are all paying themselves via a monthly membership fee.
Should a new affiliate get recruited, the only way they can then earn a commission is to firstly pay and continue to pay their monthly membership fee (so everyone above them gets paid) and then to go out and recruit new members of their own.
A new member could simply wait for their upline to recruit new members, however if everyone does this nobody gets recruited and nobody gets paid. Not to mention the fact that commissions still rely on somebody doing the recruiting.
In the sense that WebDocsNetwork generates no retail revenue, members are paid to recruit and their residual commissions rely on the recurring payment of membership fees, the company easily fits the definition of a pyramid scheme.