Mighty Buyer Review: E-commerce & matrix recruitment
There is no information on the Mighty Buyer website indicating who owns or runs the business.
The Mighty Buyer website domains (“mighty-buyer.net” and “mighty-buyer.store”) were registered on the 10th of December, 2014 and 5th of September, 2016 respectively.
The .NET domain is registered privately, however the .STORE domain lists Samuel Gurschler as the owner. An address in Austria is also provided.
The Mighty Buyer terms and conditions meanwhile mention “Mighty Buyer LLC” and claim it is incorporated in the US state of Delaware.
This appears to be a shell registration, with Mighty Buyer actually operated of Austria.
Possibly due to language barriers, I was unable to find any further information on Samuel Gurschler.
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 Mighty Buyer Product Line
Mighty Buyer has no retailable products or services itself, with affiliates only able to market Mighty Buyer affiliate membership.
Mighty Buyer affiliates gain access to a replicated storefront on the Mighty Buyer e-commerce platform.
This platform is populated with third-party products and services, with affiliates able to stock their replicated storefronts from a pre-determined selection of products.
The Mighty Buyer Compensation Plan
The Mighty Buyer compensation plan pays affiliates to generate storefront sales and recruit new Mighty Buyer affiliates.
Recruitment Commissions
Each Mighty Buyer affiliate has to pay a €49 EUR affiliate fee every four weeks.
This fee is commissionable, with commissions paid out through a 3×10 matrix.
A 3×10 matrix places an affiliate at the top of the matrix, with three positions directly under them (level 1):
These three positions form the first level of the matrix, with the second level generated by splitting each of the three positions into another three positions each (9 positions).
Subsequent levels of the matrix are generated in the same manner, with a complete 3×10 matrix housing 88,572 positions.
Positions in the matrix are filled via direct and indirect recruitment of new Mighty Buyer affiliates.
Commissions are paid out as a percentage of fees paid by recruited affiliates placed in the matrix as follows:
- level 1 – no commission paid
- level 2 – 11%
- levels 3 to 6 – 3%
- levels 7 and 8 – 4%
- levels 9 and 10 – 3%
Shop Commissions
When customers (affiliates and retail customers) make purchases through the Mighty Buyer e-commerce platform, third-party merchants pay a commission.
This commission is shared with Mighty Buyer affiliates and paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Mighty Buyer cap payable unilevel levels at four, with affiliates paid a 5% commission of shop commissions generated within the first four levels of their unilevel team.
Car Bonus
Mighty Buyer reward top recruiters with a car bonus of up to €1500 EUR a month:
- recruit 111 affiliates and receive a €500 EUR monthly car bonus
- recruit 333 affiliates and receive a €1000 EUR monthly car bonus
- recruit 999 affiliates and receive a €1500 EUR monthly car bonus
Note that recruited affiliates must be up to date with their €49 EUR fee.
Bonus Pool
Mighty Buyer take 1% of €49 affiliate fees paid and place them into Bronze, Silver and Gold bonus pools.
- to earn a share in the Bronze pool a Mighty Buyer affiliate must maintain 111 active affiliates in their downline
- to earn a share in the Silver pool a Mighty Buyer affiliate must maintain 333 active affiliates in their downline
- to earn a share in the Gold pool a Mighty Buyer affiliate must maintain 999 active affiliates in their downline
Joining Mighty Buyer
Mighty Buyer affiliate membership is €49 EUR every four weeks.
Conclusion
Mighty Buyer is essentially a pyramid scheme tacked onto an e-commerce platform.
The €49 EUR affiliate fee is pumped straight into the compensation plan and used to reward affiliates with the largest downlines.
Commission rates generated through the storefront are likely to be negligible, with Mighty Buyer affiliates the only ones purchasing.
Given that the e-commerce platform is populated by third-party merchants, it’s a safe bet that all Mighty Buyer has done is join an affiliate network.
They get paid through that network based on sales and that revenue is shared with affiliates.
On its own there’s no issues but coupled with recruitment commissions and high probability that affiliate fees will dwarf e-commerce revenue, it’s chain-recruitment.
As with all chain-recruitment schemes, once recruitment of new affiliates dies out so too will commissions paid out.
Being a matrix-based scheme, this will manifest itself by way of affiliates at the bottom of the matrix ceasing to pay their €49 four-week fee.
This will see affiliates above them stop getting paid and eventually also stop paying their fee.
As this effect slowly trickles up the company-wide matrix, eventually an irreversible collapse is triggered.
At that point any Mighty Buyer affiliates who haven’t recouped their €49 four-week fee costs lose out. Mathematically this is guaranteed to be the majority of Mighty Buyer affiliates.
Its full scam. All hidden, all bullshit what they talk.
1. How can a correct and accurate Review be written about any business when it has not yet launched? lol
2. The reviewer suggests it is not visible who are the people behind Mighty Buyer so again he suggests that not knowing the Founders makes it a scam. But AGAIN this information about the Founders has not yet been released because the company has officially NOT LAUNCHED yet! …the Founders have a full ‘Press Pack’ being released giving full ownership disclosure in the next couple of weeks.
3. The reviewer is assuming that the €49 pm Licence is ONLY paid from ‘bringing people into the matrix making it a pyramid’, which is completely incorrect!
Someone can join Mighty Buyer, just open their MB shop, have some Customers who shop and save, and NEVER need to build a team OR ever have anyone in their matrix, yet they STILL can earn shop profits from their shop (which can pay for their monthly Licence Fee).
4. The company has spent 4 years (partly confirmed that the company was registered back almost 3 years ago), and they have been establishing hundreds of contracts DIRECT with manufacturers, so again the reviewer is totally wrong suggesting ‘Mighty Buyer is a third-party affiliate network
Because the review isn’t based on whether a company has launched, it’s based on its business model (compensation plan).
Nowhere in the review does it state that.
Irrelevant.
What people can and can’t do doesn’t negate the fact that the nobody is going to join Mighty Buyer to retail from a closed selection of products on a third-party platform.
It also doesn’t negate the pyramid scheme commissions offered to those who do recruit.
Sure they have. The anonymous owners signed up with a 2-bit affiliate network, cut the crap.
Andreas Becker is reported to be the CEO of Mighty Buyer.
I have just been pitched this, so I will read the bumf and watch the two videos and report back anything interesting 🙂
Not so lucky! Anything interesting then?
Oz. You do raise some good points some times, but I feel that the research you do on companies prior to them launching is shoddy and ends up with articles like this which is pretty much just a pile of assumptions and no facts.
More holes in this article than there is in a tennis racquet.
Full ‘press release’ media pack will be released just prior to launch on 1st November. German law does not allow a company to promote itself (or its Founders) beyond a specified time frame prior to launch.
The Founders are:
• Andreas Becker (CEO)
• Heiko Kuhn (Founding Partner)
• Michael Kuhn (Marketing & IT)
• Heiko Bärike (Global Sales Manager)
• Fernando Correa (Head of Business Development)
• Nadia Adwel (PR & Media)
Now you can do some real research on the company and don’t use language barriers to cover your lack of research.
Article seems pretty sound to me. By the looks of Mighty Buyer this is an obvious scam.
So, maybe you’d like to point out said holes, Yoyo?
Looking forward to your reply.
@Yoyo
And you can cite this law, right?
Cool. But who the management are doesn’t negate Mighty Buyer’s pyramid scheme business model.
What does German law say about pyramid schemes?
Here are the holes that you requested.
I’ve explained about the press release and provided owners, so you now have that information and can use it to research and update.
If you are unable to translate from another language, then you are in no position to make an informed opinion about it. Just shows that the article is guess work.
Car bonus. Is not a reward for top recruiters. It’s irrelevant who recruits the people in your team. You don’t have to recruit anybody. To qualify, you need enough affiliates in your downline and no more than 50% on one of the 3 legs. You need to have paid the 4 weekly shop fee of 49 Euros and you also need to have made a certain level of retail sales throughout your team.
The retail products. You have assumed that they have joined an affiliate network in order to sell the items. If you had any knowledge of how much commission you get as an affiliate for this kind of work, then you would know that there is not enough money to share out over a few levels. MB pays commissions on retail sales upto 40%. They have negotiated and signed deals with all of the brands that they sell direct and not through a third party.
They have an American address in order to set up business there later. The distribution centres in USA are being set up now, so they can launch there in the near future.
I understand and have witnessed matrix systems collapse when people at the bottom fail to recruit, but that is only when they have a product with no value. When affiliates can make money and a good deal of it through retail sales, then recruiting is not required.
Why don’t you tell me what German law says about pyramid schemes. You are the one that seems to know what is legal and what is not. If you are going to accuse a German company of creating something illegal, then I suspect you fully understand German law.
I take it that’s a no on providing any information about made-up German laws.
The comp plan I based this review on was in English. Don’t make excuses for Mighty Buyer’s shady management.
Yup. Doesn’t add up, does it.
If you’re going to make such a claim you’re going to have to provide full disclosure.
And unless you’re running the company, you have no proof of any of this. Please stop regurgitating what your upline told you and trying to pass it off as fact.
No. A pyramid scheme collapses when recruitment stops, irrespective of what it is attached to.
They’re illegal, same as anywhere else in the world.
We’ve just found out that Migthy Buyer was already delayed. They were supposed to go live on 17th of September, but they ran into some difficutlties blahblah so now it’s supposed to be the first of November when the shop sees light.
Here’s the German post proving this. I know most of you guys don’t understand German, but I think that the dates are pretty obvious:
x-invest.net/forum/thread-mighty-buyer-3er-matrix-mit-spillover-prelaunch
We can confirm that there does not exists any law in Germany prohibiting a company promoting itself beyond a specified time frame prior to launch. But if there would be such a law, then Mighty Buyer would already be in trouble, as they’re already in a second phase of delaying the launch.
Also, no one of the Mighty Buyers promotors is able to explain how the Triple Matrix bonus is not a pyramid scheme.
If you point this out to them, every single one of them freaks out one way or another. It’s pretty funny actually.
@MLM Forum
Thanks for confirming that.
So what were these difficulties that delayed the launch you speak of MLM forum?
And have you got some official proof of it?
Hi Yoyo,
The proof is quite obvious. If you read carefully trough my post, you’ll stumble upon a link to x-invest.
If you go there, you’ll find a post where a promotor of Mighty Buyer is trying to recruit people into this scam. If you read his ad, then you’ll see that he’s telling that Mighty Buyer will go live on the 17th of september.
Why this date was not met and what these difficulties were, is not really known. Maybe you can tell us, being a well-informed Mighty Buyer rep?
Hey!
Is it a legal thing that commissions will be payed after the 49 EUR?
Without any products to buy. I mean you will pay out from others pay in without buying any product? is it legal?
Some people hype things up and even advertise a load of BS. They didn’t even start to accept payment from people until the 23rd of September.
It was suppose to only launch in Germany and Austria, but they decided to bring more of Europe in for launch. Launch date as always been November the 1st.
It will launch in beta mode.
Some people eh!
@Peter
Paying recruitment commissions in MLM = pyramid scheme.
If Mighty Buyer are accepting payment they’ve already launched.
Not sure what Peter means.
If the shops are not launched until next week, then how can anybody sell a product.
So you’ve also figured out that its a plain and simple pyramid scheme? Good job!
Now you can safely quit Mighty Buyer and warn others that it’s a pyramid scheme, thus preventing them to lose their money.
They are already in trouble with their bank i am told that it soon stopped refusing credit card payments because they were not happy with the large influx of payments, and despite repeated promises by MB the bank have not reinstated the facility.
Apparently they had to allow people to join now pay later to keep things flowing. They now i am told are introducing Payza as a payment processor so credit cards can be accepted.
Hi, This is informative, thank you.
I’m on the verge of signing up because its yet to launch and thinking I’m going to make a mint as that’s how it’s been advertised.
Want to go for it as basically risking money for freedom not freedom for money, but its a mind field! HELP!
Sooo.. yesterday should’ve been the big day, eh?
I was expecting lots of posts of fanatics pointing out that an operational webshop would prove that it can’t be a pyramid scheme. (which is a fallacy, ofcouse)
Looks like they didn’t even bother setting up at least a fake webshop to pimp with?
yesterday, I was informed by a previous leading member of MAPs that Mighty Buyer would be spending 80 Million Euros on advertising across Europe and the UK in promoting this company on ‘Prime time TV’.
I have asked for proof, but nothing has been forthcoming.
As for the Launch yesterday. Where was it?
BTW has anyone discovered, who Mighty Buyer is deffo banking with, please?
I also noticed that Dave Ives who had been bigging up LTW, has left them and joined Mighty Buyer using his YouTube Ucan2 channel to promote this.
See more here: youtu.be/s2xsQN6g1XI
Another name that has cropped up is Steve Mitchell who has joined as well. I know of Steve, and have done for a number of years.
Friend of mine was not able to find a notebook in Mighty buyer store, he was seeking to buy.
Also no fashion , no clothing for children , male and females. Nothing for families with little children.
WHY? That would be the best items for Chrismas 2016 revenue.
If Andreas Becker do not fix the problem with extremely limited product range very fast, he miss the train.
Just to put minds at ease because there seems to be lots of people getting partial stories or jumping to post on here without any real knowledge.
Launched on the 1st, but the translation from German to English was not completed and will probably be done before next week which is why many in the UK have not promoted yet.
Like all launches there are teething issues and many shops were not accessible by affiliates, but that too has now been fixed, so all shops are live and you will no doubt start to see them.
The shops are in Beta with around 150,000 products in a handful of categories with 10’s of 1,000’s of products being added every day and more categories will be opened throughout the month.
My team have done lots of price comparisons with Amazon and Iphones for example can be purchased for £50 – £100 cheaper with Mighty Buyer and we have found a large number of excellent deals so far.
Quite a few sales have already be made even with the limitations of products and language. By next week we will be advertising heavily and will be in full swing before the end of the month.
Travel has already been added, but in German with over 1 million deals. Many I have checked are coming in level or cheaper than Expedia, so it’s looking very good so far.
Well uh yeah. Apart from the whole pyramid scheme thing.
YoYo – deals on screen are not the same as items being delivered.
iPhone for £100 cheaper. Are you sure it is not just a picture, rather than the real thing?
Another name suggested to me for Mighty Buyer is Mighty Fraud.
BTW for a business that has been ‘four years in the making’ to show that the website has not been translated from German to English Mighty Strange, if not downright Mighty Suspicious.
So far I am Mighty Unimpressed and I am warning people away big time.
Presently Mighty Relieved not to have signed up.
Again somebody warning people to stay away because they have no real information.
It is in German because it is German and only intended on launching in Germany and Austria on the 1st of November.
Due to such a large demand from the rest of Europe and many major MLM leaders wishing to join, they decided around 6 weeks ago to open it up to many more countries.
They translated the back office and team building information to English/Russian/Dutch/Polish etc. first in order for the teams to continue being built on this new wider scale.
They expected to have the shops translated for launch, but obviously found out that they could not get it all done in time.
They should have delayed launch in English for another week, but I suppose with them only launching the shops in beta, it was not too much of an issue.
I’ve heard nothing about this and if it’s from a previous MAP leader, then it’s likely to be a load of BS and false hype.
The main reason why companies go down the MLM route is to avoid advertising etc. Let the distributors do all the advertising.
Although companies like Herbalife do now advertise or have sponsorship deals, so they could be doing something. Personally can’t see it happening so soon though.
And your point is what exactly?
Deals on screen? Did you not see my point regarding deals done and items sold?
Somebody suggested that name to you did they? Sounds like you are a little scared of saying that you made the name up and would like others to use it.
Somebody might suggest that you are an Amazon affiliate or have a drop shipping online business which is why you are so concerned about MB taking away your business.
Mighty good with your puns fella, but it is I and others that are relieved you did not sign up. It is your Mighty loss.
As stated by Oz, the fact that there’s a (fake/crappy) shop online, does not change the fact that it’s a pyramid scheme. So it is irrelevant that there’s any kind of webshop available. None the less, something to think about:
Yoyo, you’re German, right? So then you’d know that German law requires webshops that sell in Germany, must be registred in Germany. However, the company is registered at an Regus office (aka. a virtual office) in the Netherlands.
This is not only making it an illegal shop in Germany, it also proves that they do not own a warehouse or anything, as then they’d own a office of their own instead of being registered on a virtual Regus office.
Germans on the x-invest forum have already pointed out that the current range of products is nothing more than that wich is being offered by dropship companies like Zentrada and common German wholesaler/dropship firms like Markant.
All products are being supplied by wholesalers, not by the brands themselves as Mighty Buyer was telling people before the launch.
Also, almost al links in the footer of the shop are dead. They aren’t even set up as a link:
You cant possible say that MB is 4 years in the making, as surely they’d provided trivial pages as a contact page, account page, etc. in the footer.
In addition, no secure connection (SSL) is available. This is also required by German law, as now the privacy and payment details of all your customers are not secured and can easily be skimmed by scammers.
To set up an SSL certificate on a site is litererally 10 seconds of work. That they neglected to this, shows that the entire shop is just a cover for the pyramid scheme and is never intended to be a real shop of any kind.
And, to make things even more obvious scammy, the admin section is publicly accessible, showing that it’s just an Open Cart installation: shop.mighty-buyer.net/admin/index.php?route=common/login&sponsor=MB691091808
To set up OpenCart, apply a template and import products from generic wholesalers like Markant, Zentrada etcetera is just a week of work, if not less.
The Mighty Buyer scam is one of the most obvious ones that I’ve seem in a long time.
Another scam, partialy the same people who brainwashed people to join LTW.
Nothing to do with those in LTW. Some of those that were in LTW are also in MB, but they are affiliates and nothing more.
@MLM Forum.
MB have registered in all active countries including Germany, so it’s far from being illegal.
Not sure when you last looked at the shops, but they are now in English and some work and some are still to be sorted out obviously. That does not make it a scam.
Products have been sold, shipped, delivered and we have happy customers, so I would say that we have a real shop with real products.
I can’t see any Iphones etc. on the wholesaler or drop ship sites you mentioned. I think you read things and take it as fact rather than doing some research yourself.
Yo Yo – my name is real and not made up.
No drop shipping for me or Amazon.
I am though a Leader in a UK success story and been involved for almost 19 years.
Also I run a lot of Facebook groups so see the scams before many others and then pass them to Oz and Tara to investigate.
I was calling both Saivian and LTW scams long before others.
BTW reference Dave Ives and Steve Mitchell – well known in MLM circles, and also know as people who do not stay long with one company before moving onto the next.
MLM Forum. You also stated that MB were supposed to launch on the 17th of September because they told you so on a forum.
On the forum, the actual words are:
the official pre-launch then starts on 17.09.2016 at 10 am
That happened or do you not understand the word ‘prelaunch’?
Going live is also known as launch and not prelaunch. Launch was always set for 1st of November and guess what date they launched on?
Please stop making things up to support your own agenda.
MLM Forum. It also says on the forum this:
The project will start first in DA-CH, from January 2017 also in many other countries.
That also explains why the shops were launched in beta and are being worked on non-stop. Everything is expected to be ready by December, so a month in advance of the initial full launch. At least they have an extra month to iron out issues.
Laurence – you have said your “name is real” but you have not actually said who you are? lol … not even your full name or a FB profile to validate you are “real”?
Making accusations naming other people yet hiding your own identity seems to all reading this a fairly cowardly thing to do!
I’ve been in MLM for longer than 19 years and I don’t know anybody called Laurence that is successful.
(Ozedit: Offtopic derail attempt removed)
I will state clearly that I am NOT in Mighty Buyer, with NO association or connection with the company, and am currently NOT a registered Independent Partner.
So that said, I like to do my own research rather than the often completely unfounded, inaccurate and factually incorrect comments that often get posted by people here.
Some of the comments are likened to Victorian times with every peasant shouting “She’s a witch! she’s a witch!” and drowning the poor soul before she could even say anything! C’mon people, we’re all better than that.
So I thought I would ignore many of the truly silly comments here and check out Mighty Buyer for myself (I even took the time to speak to the Founders – yes OZ there are genuine Founders and real people behind Mighty Buyer lol). I went one step further and spoke to Mighty Buyer’s German law firm (one of the top in Europe I might add) and again everything was real and genuine.
So let me respond to some of the ‘comments’ now with my findings…
@MLMforum (clearly not a ‘Forum’ lol) “the company is registered at an Regus office”:
How silly – if you just did your homework the Regus offices are nearly a mile down the road! Mighty Buyer Europe has its registered European office here:
Mighty Buyer B.V.
Hurksestraat 64
5652 AL Eindhoven
The Netherlands
Company Register (KvK-No.):66582202 Registered in: Eindhoven, Netherlands
…and its USA company is registered here:
Mighty Buyer LLC
3422 Old Capitol Trail, Suite 671
Wilmington, DE-19808
USA
Company Registration Number:5643553 Registered in: State of Delaware, USA
The above are legally registered addresses of the company – not where their Support Team is based. Their main staffing is from their new Support Centre in Sofia, Bulgaria.
The Independent Partner MB Shops are now live, but only went live 6 days ago and have been clearly stated by the company that they are in a ‘beta’ state right now, just for the Partners to see them in action, but Customer orders can and are now being fulfilled.
By the way, I checked out the prices they are offering and they are great. Not everything beats Amazon, but a lot do!
…and Mighty Buyer do not claim to have ALL contracts ‘direct with manufacturers’ – yes some are drop-shipped using third-party and the company is clear about that, but there are many direct-from-manufacturer contracts, hence why I’m guessing that their prices are very good.
But the bottom line is who cares where the product is sourced, certainly not the Customer who simply wants to get an iPhone at a discount price, or save money on a Michael Kors hand-bag, or buy a Sony TV and save! Get out in the real world guys – Customers want great service, with great prices on great products – that’s it! …and that is what Mighty Buyer seems to offer.
—————-
@MLMforum – I was told the Shops will be on an SSL connection in the next few weeks once the Shops are out of ‘beta’.
—————-
@MLMforum – “German law requires webshops that sell in Germany, must be registered in Germany.” – again how ridiculous. Please check out your German law and stop making silly statements, you are embarrassing yourself.
Ever heard of Amazon? Amazon.de – check where they are registered: amazon.de/gp/help/customer/display.html?ie=UTF8&nodeId=505050
—————-
@OZ – “not openly upfront about who is running or owns it” – now this is NOT accurate information (Ozedit: Snip. There is no information about who owns or runs Mighty Buyer on the Mighty Buyer website.)
—————-
@OZ – “pay a €49 EUR affiliate fee every four weeks. This fee is commissionable, with commissions paid out through a 3×10 matrix.” “The €49 EUR affiliate fee is pumped straight into the compensation plan” – sorry OZ but this is completely WRONG! (Ozedit: Snip. You can find recruitment commissions listed in the compensation plan under the “organization bonus”)
(Ozedit: Marketing waffle spam removed)
@Yoyo
“Registering” in a country doesn’t make you legal. And what does that even mean? What has Mighty Buyer registered and where?
At the end of the day Mighty Buyer are paying pyramid scheme commissions. Nothing changes that bar actual changes to the Mighty Buyer compensation plan.
@MLMpro
Please don’t post paragraphs and paragraphs of copy and pasted marketing spam. This is why your comment was initially picked up as spam in the first place (I’m assuming it was you who emailed me).
I’ve addressed your incorrect assertions inline. I’ll add that the US address you provided is a virtual address not owned by Mighty Buyer. It’s a rented PO Box owned by Delaware Business Incorporators.
Similarly a number of business use the same address you provided for the Netherlands. This is typical of rented PO boxes. As it stands Mighty Buyer don’t appear to have an actual corporate headquarters.
Finally the organization bonus in the compensation plan refers to recruitment commissions. Specifically, a commission rate per affiliate recruited into a matrix.
It has nothing to do with shopping commissions, which are detailed under the direct and indirect Customer Shop Bonus.
Even if they were registrered in Germany, they do not disclose any info on this on their Impressum Page. So its still illegal.
Also, you fail to address the pyramid scheme.
I was responding to MLMforums claim that MB is not a registered company in Germany which he states is a legal requirement in Germany. I am just pointing out to him that he is spouting gibberish just to try to suggest MB is a scam in his opinion.
(Ozedit: Offtopic derail attempts removed)
@Mlmpro:
The address in the netherlands is a Regus Office. If you would visit that address, you would not find any Mighty Buyer People. Its a virtua office.
Also, you link to Amazon, as somehow that would prove that a shop wouldnt need any german regsistration. Please Read the info better, you silly Willy 😉
Already stated it is in Beta mode, so it is not illegal. Please stop suggesting it is if you have no idea.
What pyramid scheme?
The pyramid scheme wherein you pay a 49 EUR monthly fee and get paid to recruit other affiliates who do the same.
You cant say that its ok to break the law because you are in beta mode. You must comply with the law, regardless of how you call the state of your company.
Now its time for you to address the pyramid scheme.
Wait, are you saying a company can AVOID FOLLOWING LAWS just by claiming “we’re in beta mode”?
Which world do you live in again? It sounds like you hail from la-la land.
If YoYo and MLM Pro even understood how this forum works they would have discovered my name, my phone numbers and email address by now. None of it is hidden away.
Oz knows and knows I am real.
FTR please be aware I am one of the Pioneers of Utility Warehouse in the United Kingdom – please remove Oz, if you feel this is incorrect to mention here?
Sorry OZ but you are completely incorrect! No-one gets paid for recruiting affiliates (as you call them), they only get paid for helping a Partner open a online Shop AND GENERATE SALES (ie are an Active Shop Partner).
Mighty Buyer is a online retail sales organisation, with all it’s Bonuses generated to reward people who generate personal and organisation retail sales.
Well my good friend Steve Critchley (#1 for UW) has never heard of you – there’s no Laurence in their Field Leadership and no-one earning over £3,000 a month with UW called Laurence.
So you are either lying about your ‘real name’ OR you are clearly not that successful if you are not making over £3k a month after 19 years!
Mighty Buyer’s Impressum/Imprint information FULLY meets all laws, confirmed by one of Europe’s top direct sales lawyers.
I personally checked so I suggest you do the same. Now please stop giving non-qualified legal opinion – you are misleading people with false information.
You are the one misleading people with your unsubstantiated claims about so called lawyers. No matter what these so called lawyers would tell you (or rather, what your upline is feeding you), the law is still the law and Mighty Buyer is still a pyramid scheme.
I suggest you get your facts straight. And start addressing the pyramid scheme already.
Steve Critchley knows me well, and I am one of the Pioneers too – first 180 in the business.
MLM Pro – then I suspect you could be Peter or Eric, or failing that Trevor. :o)
MLM Pro – field leadership. Not a term we have ever used in the business. Not one used when we were simply Telecomplus – so no idea where you have got that from.
LOL ‘so-called lawyers’?? – they ARE lawyers, as in ‘a person with a law degree practicing law in a public, respected. recognised legal practice in Europe’ (same lawyers Avon and Herbalife use in Europe – that will give you a good clue, now do your home work) …and how do I know this? I have actually spoken to these lawyers, as I stated previously.
…and I am not in Mighty Buyer (as again I stated earlier) so I have no upline in Mighty Buyer.
…and what a silly statement “the law is still the law” – what EXACT law are you referring to? (and don’t quote something silly again like ‘oh the pyramid law’). What law? What statute, be specific?
If you are going to accuse a company of breaking a law, at least be professional and quote they law that you are alleging they are breaking?
I have already addressed this – you clearly missed it, so here you are again…
Still no verifiable info in your post. You ask us to be specific, while you are just typing in more unverifyable bullshit. Keep speading more bullshit, it’ll make Mighty Buyer look good 😉
And yes, you are a MB rep. Why else would you be so desperate to try to point out flaws in this review?
Fair enough I didn’t explain, my bad.
What I meant was we are in beta mode and because we are not fully operational all the information is not live and showing.
This does not make it illegal and if German law requires that information to be live now, then the company will need to do that which no doubt they will. This does not make it a scam though.
You don’t get paid to recruit anybody. Please show me where it says you get paid to recruit.
To add. I don’t know where you got the compensation plan stated in the article because it’s not the one that MB provide which is possibly another reason for the inaccuracies of the review given.
Either way there is no payment received for recruiting somebody.
Guys if you look at the Mighty Buyer compensation plan, you’ll see the matrix commissions and a column that reads “Organization bonus”.
It’s a EUR commission per affiliate recruited into the matrix. It has nothing to do with store purchases, which are explained on the previous pages of the comp plan.
If you not feel like reading, here’s a presentation. I’ve set the link to start at 16:00, that’s where the guy starts explaining the pyramid scheme, aka Triple Matrix Bonus: youtu.be/9tlvpSVqk-4?t=16m
Let me just place this quote from the presentation of Steve Mitchell that I’ve placed in my previous post:
He’s telling this while showing this a slide where it says that you can earn op to 134518.23 EUR each month with just reqruiting people.
So yes, you do get paid for recruiting and this is the sole reason that Mighty Buyer is a pyramid scheme and that it will fail within the next 3 months, as then people on the bottom of the pyramid scheme start figuring out that they’re losing money and cancel their license.
That’s not a corporate presentation. However, he states a process of ‘if you get 3 and then help them get 3’.
You don’t earn a cent for recruiting 3 people, so in theory if everybody recruits 3 people, then nobody gets paid directly for recruiting anybody. I don’t see that being an issue.
Or is it the fact that you get a bonus for building a team that you see being an issue? If that was the case, then every MLM is an illegal pyramid scheme which (Ozedit: Offtopic derail attempt removed)
@Yoyo
This is the last time I’m going to say this:
The Mighty Buyer official compensation plan clearly shows how much you earn per affiliate recruited in the matrix. It’s under “organizational bonus”.
Any more silly claims about recruitment commissions not existing in Mighty Buyer will be marked as spam, as this is patently false as per Mighty Buyer’s compensation plan.
This matrix bonus appears to be in addition to the monthly commission paid per affiliate recruited (still a recruitment commission though).
This is false. Legitimate MLM doesn’t pay you to recruit new affiliates, pyramid schemes do.
So if you don’t get paid to recruit in a legitimate MLM, then why have MLM? What is the point of building a multi level team if you don’t earn from it?
There’s nothing wrong with earning on the sale of products and services to retail customers, both directly and residually on sales made by your downline.
Getting paid to recruit new affiliates however is a pyramid scheme.
You are refering to an out-of-date Presentation that was created prior to Launch, and if you contact the person who created that Presentation directly I’m sure he will confirm that.
Please refer to the current Compensation Plan in which there is NO ‘Triple Matrix Bonus’. That Bonus was changed in accordance with Mighty Buyer’s legal advice prior to launch, and the New Compensation Plan was released (OZ has been given a link to that – see one of my previous posts – and I am sure he will in time update this Review accordingly).
Seems little benefit to Readers quoting old out-of-date information – please keep up to date, and only refer to current information.
But Oz you are not giving your Readers the full description of that Bonus …WHERE do those ‘Organisational Bonuses’ come from? They are from Company RETAIL SALES from Customers!
…so without retail sales to Customers there are NO Organisational Bonuses – a MB Partner (affiliate) has to have an ACTIVE Retail Shop to earn these Bonuses – these Organisation Bonuses are overrides earned from the retail sales generated from Customers …as I keep saying 🙂
It’s your job as a Mighty Buyer rep to make sure that all provided information is up to date. If a buddy rep of yours is placing out of date information, it’s your job to make sure that this info is updated. You cant ask of us to check if info provided by your fellow MB reps is still actual.
You say that you’ve provided a new compensation plan in your previous posts, but I was unable to locate this in your posts. So maybe you’d like to place a link to this new compensation plan?
I hope that this does not turn out to be the same fenomenon as we’re experiencing with your so called lawyers and other statements that you’ve made: Your inability to provide any verifiable information.
I’m NOT a Mighty Buyer Rep, as I have stated previously, but it seems in your case you have selective reading. Si it’s not my job to point out where you can find the Mighty Buyer Comp Plan, but if you simply go the their site I can see it there so I’m sure you and others can do the same.
I did share the link previously but maybe OZ didn’t approve it last time I posted it? (perhaps because it confirms what I have been stating in previous posts)
…and apparently the old Presentation on YouTube has been asked to be removed to avoid confusion.
Sure, and I’m Donald Trump AND Santa Clause.
Too bad you are once again not able to provide any verifiable information. But then again, can’t say that I expected otherwise.
The compensation plan is not on the MB site. It’s just a login button and an imprint with virtual office locations on it.
But, no worries! I’ve just found a newer presentation on Youtube, also pointing out the pyramid scheme aka Triple Matrix bonus. It was uploaded less than two weeks ago, so I’m sure it’s current information.
youtu.be/GuZIFVMkKgg?t=30m25s
There you also see the Triple Matrix Bonus being explained.
LOL, oh yes! and clearly acting the same way!
This is NOT professional, constructive debate to help this Blog’s Readers get a true and balanced picture of this company Mighty Buyer. Your silly comments offer no value to anyone
You’re boring me (and I suspect others as well) so I’m out of here.
A constructive and professional debate would be a debate where both parties, that means you too, bring verifiable facts and information.
So far, you havent brought any, not even when specifically asked fir. So, with you gone, the level of this discussion has rozen.
@MLMpro
The organizational bonus is a EUR commission per position filled in a Mighty Buyer affiliate’s matrix. It has nothing to do with “retail sales from customers”.
This is as per the current Mighty Buyer compensation plan.
Again, as I do seem to keep repeating myself, which is becoming tiresome…
OZ, sorry to correct you again but the Organisational Bonuses are paid from retail profits earned by Mighty Buyer on Customer Sales (Ozedit: Nope. That’s the shop commissions which have nothing to do with the matrix.)
@MLMpro
Might want to change your name to MLMIdon’tunderstandcompensationplans.
The organizational bonus pays affiliates to recruit new affiliates into their matrix. It has nothing to do with store sales.
OZ, what you are quoting is NOT even in the CURRENT Mighty Buyer Compensation Plan!
I have no idea what version Comp Plan you are looking at, but this is getting exhausting – PLEASE read the CURRENT Mighty Buyer Compensation Plan, and if you want to Review accurately and don’t have a copy, simply ask Mighty Buyer to send you one.
Oh please just shut the fuck up. It’s in the compensation plan on the Mighty Buyer website (PDF).
@MLMpro For someone trying hard to pretend to not to be a Mighty Buyer rep, you sure as hell are stubborn and hell-bent on trying to point out that the pyramid scheme is non-existent.
Too bad that every time you leave a comment, you forget to place any proof with your claims. Exept for that one time that you provided a link to Amazon in an attempt to show that they wouldn’t have a German registration. Too bad I turned out to be better at reading than you and checked that link to find the address of the German office of Amazon, eh?
Do you neglect to place any proof because all you have done so far is noting but to place false statements? For example the lawyers, the compensation plan and your relation to MB? If not, I highly reccommend that you start backing up your stories with proof. Else, do as Oz says: stfu.
To forever put a silence on our favourite MB rep, MLMpro, I hereby present the current Compensation plan, as it is hosted on the official site of Mighty Buyer:
mighty-buyer.net/soft/public_html/images/document/MightyBuyer-PR1-EN_13_10_2016s.pdf
On slide 12, we cleary see the Triple Matrix bonus. So now, once and for all, we can confirm: Mighty Buyer is a pyramid scheme
Extra fun, the directory on the site of Mighty Buyer is publicly accessible. You can find documents where they state that they have got mayor issues with credit card processing companies, so you can’t pay with your credit card anymore. Wonder how that’s come about?
(Ozedit: Comp plan as posted on the Mighty Buyer website. Unsubstantiated claims about a compensation plan that may or may not exist removed.)
The directory of the Mighty Buyer is open. Meaning you can see all files present on their server.
There’s only one older version of the compensation plan in the directories. THERE DOES NOT EXIST ANY NEWER VERSION. Typed that in caps for ya, just like you do when you get frustrated because you know you are wrong and trying to scam people with your MB scam.
So, lets take a look in the open directories of Mighty Buyer. What shall we find? Maybe a file with payment details, addresses and other private information of MB reps? You’ve got to be kidding me.
Nope, here it is: mighty-buyer.net/soft/public_html/images/document/IPNSubRes.txt
Next up: A directory with profile pictures of all MB reps. Let’s see if we can find a headshot of MLMpro!
Don’t worry. Is in beta mode.
Looks like there is only one link now on the mighty buyer website: “imprint”. Slowly the scammers are exposed.
Nah that was always like that. Only after you get a deeplink with a referral link from a MB rep, you’ll get a bit more to see on their website.
It does show that the whole webshop is designed to be only used by the reps themselves, as you can’t buy without a referral link.
So let’s say you and I meet at a party, I tell you about my great experiences with Mighty Buyer, then you cant access the store from Google, as you’d need the referral deeplink to be able to purchase. LOL.
So that means if I want to buy a product, I can’t buy it, unless I’m part of the “Exciting oportunity”. Isn’t it?
Basically, yes. But then again, you wouldn’t want to buy a product in the first place, because you cant browse the store without a referral link.
And ofcourse there’s the facts that I’ve pointed out in post #34 which should make you think twice before entering your information on the MB site: They are overpriced, illegal and unsafe.
@MLMForum – Do you think the Readers of this Blog are as seriously stupid as you seem to think they are? – believing your twaddle!
Of course Customers can buy through Mighty Buyer – they just need a Partner Shop referral link, which they can get from anywhere, Facebook, Google, hey even off a friend … but wait a minute, isn’t that how all self-replicated MLM company websites work, and how other MLM companies sell their products …and wait a minute don’t Amazon have similar referral links for all their affiliates.
If you are asking can people buy direct from Mighty Buyer, without going through a Partner’s Shop, no, and why would Mighty Buyer want that – for the company to compete against their sales organisation – that would be plain nuts!
…and there you go again making silly comments like ‘illegal’ with zero reference to any law that you are alleging that has been broken, just as stated (see comment #60)
Again, the Comp plan link you highlighted (comment #66), (Ozedit: Unsubstantiated claims about a comp plan that may or may not exist removed)
@OZ – if MLMforum is allowed to post a link to (Ozedit: Unsubstantiated claims about a compensation plan that may or may not exist removed)
The same “out of date pdf” is on the Team Ucan2 website
@MLMpro
That’s the latest compensation plan on the Mighty Buyer website. It’s a document you’ve previously linked to and it’s the document this review is based on.
It clearly details recruitment commissions via a fixed EUR amount paid per affiliate recruited into a Mighty Buyer affiliate’s matrix.
If you want to assert the compensation plan is outdated, just claiming so isn’t enough.
If it was outdated, then it’s totally on Mighty Buyer themselves to update their website – as this is what is being presented to the general public.
Unlike all of your posts, mine are supported by facts presented by nobody less than Mighty Buyer themselves.
So, which do you think is more likely to believed by a random reader? Posts that continuously are exposed as being lies (aka MLMpro’s posts) or posts that come supported by facts and information from Mighty Buyer themselves (aka. mine, Oz and this entire review.) ?
Mighty Buyer themselves also clearly agree with me, as they’ve finally closed off their public directories, making an end to their exposing of all privacy details of all the Mighty Buyer reps and customers.
Oops.. Mighty Buyer does not really get it after all. The document including payment information is still being generated by their software and is still accessible.
F*ck privacy. Still plenty of people falling for pyramid schemes every day, so what do they care.
This defeats the whole purpose of the compensation plan by MB.
If anyone can find a referral link of someone else anywhere, then why bother paying 49 euro’s each month if the commissions are supposed to be generated by retail sales only? The chances of someone purchasing trough your referral link would then suddenly become zero to none.
Luckily, the commissions are barely based on retail sales. The commissions are generated by the pyramid scheme and funded by the license fee of other Mighty Buyer players, located in the pyramid below you.
MLMpro, again you’ve succeeded in pointing out the ridiculus business model of Mighty Buyer. Good job.
I checked the prices. So i think mighty buyer is the cheapest? Most products are very high in prices!!!!! Getting the money over the monthly sallary from everbody for a shop software / template?
Its a bullshit system! Gettin money from stupid customers, nothing more!
Complete BS.
I’ve already sold several products to people that are customers and nothing to do with MB.
And here is a copy of the newer presentation. Maybe one day people will learn to wait for opportunities to launch before trying to tear them apart with incorrect information.
(Ozedit: Affiliate spam link removed, do not repost.)
Did you really read that info and notice any dates of being published?
This was covered above weeks ago. The bank stopped taking payments due to 9,000 Germans paying their 49 Euros in a week which flagged up standard bank alerts for money laundering.
Since then those in Europe outside of the UK were able to continue paying via SEPA and another option. Those in the UK that were unable to pay via card have now been able to for 2 weeks. This has nothing to do with the retail end I might add.
@Yoyo
Affiliate recruitment marketing spam doesn’t override the official compensation plan on the Mighty Buyer website.
You can pretend the matrix recruitment commissions aren’t there. Fact of the matter is they are very much there in the official Mighty Buyer compensation plan.
Yoyo, in post #69 you say that a presentation that I’ve found on the internet is not a corporate presentation, suggesting that info from that presentation would be wrong because of that (however, the guy in that presentation was using slides that are exact copies of the official compensation plan, but none the less..).
Yet here you are, trying to make a point with something that’s clearly not a corporate presentation, but just some spam of a MB rep where they conveniently keep silent about the Triple Matrix bonus. Seems a bit odd to me that now you’re the one that’s trying to make a point with something that’s not a corporate presentation.
Please, stop telling that Mighty Buyer is not a pyramid scheme, as clearly and evidently, they are a pyramid scheme and nothing but a pyramid scheme.
Things seems to have gone very quiet on the MB front.
Did they ever launch? Have they gone beyond beta mode?
Not had a single post in any of my 30 odd Facebook groups now for over two months. Other scams seem to be taking preference.