HappyHour4YourWallet Review: $39 cash gifting
There is no information on the HappyHour4YourWallet website indicating who owns or runs the business.
Instead, a blurb in the footer of the HappyHour4YourWallet website reads:
Happy Hour 4 Your Wallet / LLC. Owned by members based in several Countries.
The HappyHour4YourWallet website domain was registered on the 24th of March 2015, however the domain registration is set to private.
Alexa currently estimating that approximately 25% of all traffic to the HappyHour4YourWallet website originates out of India, strongly suggesting that might be where its being run out of (Turkey is second at 7.5%).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The HappyHour4YourWallet Product Line
HappyHour4YourWallet has no retailable products or services, with affiliates only able to market affiliate membership to the company itself ($39).
Bundled with HappyHour4YourWallet are internet marketing tools and a series of advertising credits, which can be used to display advertising on the HappyHour4YourWallet website.
The HappyHour4YourWallet Compensation Plan
The HappyHour4YourWallet compensation plan sees affiliates pay a $20 participation fee, which then qualifies them to receive $20 from recruited affiliates.
Commissions are paid via a 1-up style plan, seeing every affiliate pass up a $20 payment from their first recruited affiliate to the affiliate who recruited them.
In turn, any affiliates who are recruited by personally recruited affiliates must also pass up their commissions, which results in a second commission payout.
Ie. I recruit A who’s $20 participation fee is passed up to the affiliate who recruited me. Affiliate A then recruits a new affiliates and I get that $20 payment.
I also get to keep every $20 payment from the second affiliate I recruit onwards, as do my immediate downline (affiliates I recruit).
Affiliate membership with HappyHour4YourWallet is $39 annually.
From the HappyHour4YourWallet FAQ:
Do I have to sponsor to make money?
With nothing being marketed to retail customers and 100% of participation fees paid by affiliates paid to the affiliate who recruited them, HappyHour4YourWallet qualifies as a cash gifting scheme.
Affiliates buy in for $39, of which $20 is gifted to the affiliate who recruited them. They either keep the gifted payment or pass it up to the affiliate who recruited them.
After that, a HappyHour4YourWallet affiliate keeps $20 whenever they recruit a new affiliate. They also keep $20 passed up to them from affiliate’s they’ve recruited, as they recruit their first affiliate.
There will be NO membership refunds after joining this site.
If you do ask for a refund at a pay system your account will be deleted instantly.
The remaining $19 is kept by the admin(s) of HappyHour4YourWallet, in addition to gifting payments they receive by placing themselves at the top of the compensation plan (unilevel).
As acknowledged on the HappyHour4YourWallet website, this is pretty much oldschool cash gifting (send money in an envelope to people on a list) just adapted for the internet.
In the old days this was impossible, but with the Internet things move so fast and are so big its Crazy Money!
Just your Facebook, Twitter, Phone Text friends can make you tons in hours!
After you’ve marketed HappyHour4YourWalle to your social contacts (and consequently been blocked by most of them), you’re then at the mercy of those you recruit (who are also encouraged to burn their social media contacts).
As with all cash gifting schemes, once recruitment slows down, whoever is left at the bottom of HappyHour4YourWallet loses out.