iMarketing FastTrack Review: All aboard the cash gifting train?
iMarketing FastTrack launched in February of 2015 and is headed up by Carl Bailey.
On the iMarketing FastTrack website, Bailey is credited as the Founder of the company and, as per the company’s domain registration, is believed to be operating out of the US state of Missouri.
Back in 2013 Bailey (right) launched Instant Splash, which saw affiliates pay $9.95 a month to qualify to receive commissions when they recruited others who did the same.
In 2012 Bailey launched Banners and Bucks, which saw affiliates pay $29.95 to qualify for a $15 commission when they recruited new affiliates who did the same.
Both company’s appear to have stalled, which has likely prompted the launch of iMarketing FastTrack.
Read on for a full review of the iMarketing FastTrack.
The iMarketing FastTrack Product Line
iMarketing FastTrack has no retailable products or services, with affiliates only able to market affiliate membership to the company itself ($25).
Bundled with iMarketing FastTrack affiliate membership is access to “over 1 gigabyte of PLR products”.
The iMarketing FastTrack Compensation Plan
The iMarketing FastTrack compensation plan sees affiliates pay $25 for five positions in the company’s compensation plan.
These positions are placed in a queue, with each advertised to “collect $5 from our next 340 passengers”.
Passengers of course being affiliates who join and also pay $25.
This is likely tracked via a matrix system, however affiliates are not privy to the specifics of how payments are tracked within the company.
Note that in order to qualify for commissions, all iMarketing FastTrack affiliates must recruit at least four affiliates.
Joining iMarketing FastTrack
Affiliate membership with iMarketing FastTrack is $25. Subsequent positions will require additional $25 payments to be made.
Conclusion
Your FastTrack Train has One Door on One Side…
You board, standing close to the door and collect fares from new passengers.
You keep one fare, and hand one to the right, one to the left, and one behind.
You are pushed further from the door each time somebody boards your train.
Passengers promoting actively, move closer to the door and grab fares faster.
Passengers remain aboard the train until they have each collected 340 fares!
iMarketing FastTrack offer participation in a relatively straight-forward $25 cash gifting scheme.
Using a “train fare” motif, iMarketing FastTrack affiliates pay $25 to buy into the scheme, which then qualifies them to receive gifting payments from “new passengers” (other affiliates who also buy in for $25).
This $25 gifting fee is split among existing affiliates (likely in increments of $5), with positions expiring upon generating $1700 (340 individual $5 payments).
Those who recruit the most new affiliates get pushed to the top of the queue, with everyone else left by the wayside.
The basic flow of money is $25 into iMarketing FastTrack and $1700 out.
Naturally that’s nowhere near sustainable, with the only people likely to get anywhere near that being Carl Bailey’s preloaded positions and that of his close buddies.
As with all gifting schemes, once recruitment dies down the matrix structure powering the system stalls. When that happens, anyone who hasn’t recouped their initial $25 spend (by design this is most participants) loses out.
Oh Lord, that article was a shock to me.
I had joined Instant Splash not long after launch. After a short while, he then launched Splash Wizard.
I asked him why launch another site with the same purpose, i.e. create splash pages. His answer was to check out Splash Wizard, he gave me no other details.
It bothered me but I didn’t attach too much importance to it at the time. Reading your review, I now understand he just wanted to make more money by launching a different site with the same purpose, instead of improving the other one.
I did use the features of Instant Splash for some time, because it was the reason I joined it.
I didn’t work at trying to recruit, although the splash pages I created had a clickable Instant Splash header at the top ( with my referral link ) since the pages are hosted on the Instant Splash site.
I didn’t like that header, I asked him if it could be optional, he said no, since it was an advertising tool for the site.
This might seem off topic, but I wonder if you consider any site that offers such services, like for instance Ad Kreator, to also be recruitment schemes, since, like Instant Splash, they allow us to create splash pages while also paying commissions for getting referrals.
Thanks!
Phil
If they have an attached MLM compensation plan and you’re paid to recruit new affiliates (and little to no retail is taking place, if it’s even possible to begin with), then yes.
“If they have an attached MLM compensation plan”
Even if it’s only direct referrals, one level ? Since, well, MLM does mean Multi-Level.
Thanks for your feedback!
Philippe
I don’t bother with single-level comp plans on here, that’s not MLM (single-level means chain-recruitment is impossible anyway).
Because the noobs would thought this is something new and novel, rather than a retread. Minimal effort, but it’s trolling in the same waters.
Single level commission is usually not a problem because it prevents forming “chains” of recruitment, i.e. you’re not getting paid when someone ELSE got paid a commission.
Seems to be some misleading information in this post. Carl Bailey’s programs mentioned above are indeed still in business.
(Ozedit: Offtopic derail attempt removed)
By “in business” do you mean “the website is still up”?
For recruitment-driven schemes, having a website up isn’t a sole qualifier for being in business.
No traffic = no recruits = game over. That would appear to be the case for both of Bailey’s past programs.
And in any event, I wrote they’d stalled. You brought up “being in business”.
Both BUSINESS are up? Where do you get your information from? (Ozedit: Offtopic derail attempts removed.)
Alexa shows traffic to both sites is practically non-existent.
Having a “website up” doesn’t mean a recruitment-driven scheme is “in business”. They need recruits. Duh.
And admins of recruitment-driven schemes aren’t out launching new schemes if their old schemes haven’t died off yet.
Of course you already know all this, you’re just trying to argue and derail like a jackass.
I am not a member of iMarketing FastTrack, so I can’t comment on it one way or the other…
But in ALL fairness to Carl…
I was, and still am, a member at Instant Splash, as well as being a member at AdKreator (which is owned by TimTech). They are both membership sites where you can design your own splash/squeeze pages and banners that are hosted on the site.
Site providing its members with a SERVICE. The sites have a free and upgraded level, where the upgraded level allows you to create and save an unlimited number of pages/banners.
Yes, if you refer someone who joins and upgrades, you get paid a commission. Last time I checked, that’s called AFFILIATE MARKETING.
A little clarification in your post, as well as in the comments, would have been nice, instead of leaving that negative connotation hanging out there…
Not in MLM.
In MLM it’s called a pyramid scheme.
With iMarketing FastTrack such an obvious gifting scheme, Carl’s obviously got a thing for the dodgy side of MLM.
Yeah, this is such an obvious gifting scheme, this kind of crap is definitely not legal where Carl’s from, sad to see this route be taken, and hope he can rectify the fact that it definitely sounds like a blatant gifting scheme / ponzi crap.
In regards to his other products, I do see the ads people have generated by using them from time to time, so there are definitely people still using it, though I haven’t the slightest idea how many.
This is going to be a really crowded train when it stalls. Everybody on early got to be on the train before it filled up.