Globaliz Biz Review: $50 web hosting & revenue share
There is no information on the GLobaliz Biz website indicating who owns or runs the business.
Globaliz Biz does have an “About Us’ section on their website, but only the following vague marketing copy is provided:
Globaliz Biz™ is one of the Top Web Hosting Companies in India. We are always committed to providing professional quality and best web hosting services with superior support and affordable pricing to businesses and individuals seeking web hosting packages.
Globaliz Biz marketing on social media suggests that the company is owned by Sujan Valand.
In his LinkedIn profile, Valand lists his location as Wapi (Vapi?) in India.
Prior to the launch of Globaliz Biz earlier this month, Valand was an investor in Banners Broker and Profitable Sunrise:
Both Ponzi schemes, Profitable Sunrise was shut down by the SEC in April 2013. Banners Broker was more of an organic collapse, with the scheme continuing to re-invent itself over the past few years as new investor funds dried up.
Earlier this month details of a Canadian regulatory investigation into the scheme and owner Christopher George “Chris” Smith were revealed.
Read on for a full review of the Globaliz Biz MLM business opportunity.
The Globaliz Biz Product Line
Despite having only just launched, Globaliz Biz claim to be “one of the Top Web Hosting Companies in India”.
The company markets a $50 a year hosting package that comes with 1GB disk space and a domain. Advertising credits are also bundled with each package.
Reverse-engineering the name-servers used for the Globaliz Biz website reveals the company appears to be using hosting company CtrlS to provide their hosting.
Based out of India, CtrlS claim to be “Asia’s largest tier 4 datacenter”. On their website the company advertises a “partner” program, which pays out a “10% referral bonus”.
The Globaliz Biz Compensation Plan
The Globaliz Biz compensation plan revolves around the sale of $50 web hosting package subscriptions (annual).
Globaliz Biz pay out a 10% direct commission on the sale of a $50 web hosting package ($5).
Residual commissions in Globaliz Biz are paid out using a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, with two positions directly under them:
These two positions from the start of two teams (left and right), with positions in the binary filled via the purchase of web hosting packages.
Commissions are calculated using a 1:1 pairing ratio, matching the sale of a package on either side of the binary.
Filled binary positions can only be matched once, with each pair paying out a 20% commission ($10).
The Profit Pool is made up of incoming revenue from the sale of web hosting packages. Globaliz Biz don’t specify how much of this revenue is put into the pool, but do that they will ‘deduct 5% to ensure the ongoing sustainability of our program‘.
To qualify for a share in the Profit Pool a Globaliz Biz affiliate must purchase a web hosting package and recruit at least two affiliates who do the same.
Globaliz Biz do not specify how one qualifies for any of the levels below, but they do provide the various awards given at specific levels obtained:
- level 5 – $500
- level 10 – $1000
- level 15 – $2000
- level 20 – $5000
- level 30 – $10,000
Joining Globaliz Biz
Affiliate membership with Globaliz Biz is free. It does however appear that the purchase of a web hosting package ($50 annually) is required to participate in the Profit Pool:
You can join for free and still receive up to 10% direct and 20% binary commissions of every member’s purchase that you personally sponsor into Globalizbiz.
You can then use your account balance to purchase your own Package to earn even more!
In order to guarantee fast returns, we obviously rely on our members to help spread the word by advertising our banners and/or their referral link! The more people promote, the more new members will come aboard and help giving everybody much faster returns.
The danger with Globaliz Biz lies in affiliates only purchasing their web hosting packages.
If this were to be the case, then effectively the company would be defacto paying out on recruitment. With the Profit Pool they would also be recycling new affiliate funds among existing affiliates and engaging in the offering unregistered securities ($50 buy-in on the expectation of an eventual >100% ROI).
The lack of refunds available certainly would seem to suggest that retailing of Globaliz Biz’s hosting packages is not viable:
Due to the REAL TIME earnings nature of our program there can be NO REFUNDS after your payment.
The easiest way to ascertain whether or not retail activity is taking place within the company would be to ask a potential upline how many retail customers (non-affiliates) they have sold web hosting packages to.
If the answer falls well short of recruited affiliates they’ve sold packages to, this is evidence of Globaliz Biz operating as a pyramid scheme.
It also reveals that you too would likely have to focus on recruitment to earn commissions should you join the company.
Biz Ops I Recommend…
LOL pause right there I’m dying
From the Globalizbiz “How It Works” page:
Well that sets my mind at ease.
And there I was thinking that there might be something hinky about a
pyramid schemeMLM compensation plan attached to a reseller hosting “business”.
Guess the $50 per year isn’t bad … if the “business” actually manages to last a year.
Godaddy, the arguably best known domain and hosting company in the US, only charges 3.49 USD a month, for 100 GB of storage and UNLIMITED bandwidth, AND 100 email addresses. AND you get a free domain reg if you pay a full year.
So this company’s hosting plan is bull****. Thus, any referral plan they have is by inference, also bull****.
vapi is a large densely populated industrial city in gujarat ,india.
sujan valsad has studied engineering , probably got hooked to ponzi schemes to help pay for his education , and now cannot get off that bus.
every ponzi leader in india has a dream of floating their own personal ponzi scheme, and rake in enough for a life time.
sujan valsad has apparently embarked on this journey.
Here is this scammers latest ponzi scam! The latest scam operates as a revshare scam.
It is now getting pimped on the MMG forum! this is an obvious ponzi scam and of course Sindhu Thomas is conning people with it!
They’ve rebooted as a straight up micro Ponzi revshare?
Yeah I’m sure that’ll last long. Guess the $50 ruse didn’t work out for them.
proud admin suuj [sujan valand] says ‘verified by egopay’.
so, a valid merchant profile magically becomes a verified merchant profile.
hello sujan, understand the difference between a valid account and a verified account.