Tecademics Review: $12,000 “College of Internet Marketing” courses
Tecademics operate in the online marketing MLM niche. On the Tecademics website only a UPS Store address in the US state of Arizona is provided.
Heading up Tecademics is Founder and CEO, Chris Record.
Prior to launching Tecademics, Record (right) was an affiliate with Empower Network. Record is also quite active in non-MLM affiliate marketing.
In a video promoting Dark Post Profits, a non-MLM marketing opportunity, Record claims to have first gotten involved in MLM back in 1998.
Record describes his initial attempt at MLM as a his “first big failure”.
Read on for a full review of the Tecademics MLM opportunity.
The Tecademics Product Line
Tecademics sell three internet marketing related products:
- TEC (The Entrepreneurs Club, costs $100 a month) – “a 100% online learning experience designed for beginners who want to learn more about internet marketing”, costs $100 a month
- Impact ($2000) – a “home-study course you can think of as the “Encyclopedia of Internet Marketing””
- Masters ($10,000) – “one-time tuition fee for our TecAdemics, College of Internet Marketing, includes 120 credit hours and allows for 2 people to attend”
The Tecademics Compensation Plan
The Tecademics compensation plan pays affiliates on the sale of Tecademics products to retail customers and recruited affiliates.
Each Tecademics product is treated as a separate tier within the compensation plan, which an affiliate must qualify for commissions on.
When a new Tecademics affiliate joins the company, they must make an activation sale on each tier. This can be a sale to a retail customer or their own purchase of the product.
The activation sale pays 40% of the product cost to the affiliate who recruited them ($40 a month for a TEC membership, $800 for Impact and $4000 for Masters).
Once activated, commissions from the next two sales of a product on a qualified tier are split 20%/20% between the upline.
This equates to:
- $20 a month for TEC membership
- $400 for Impact and
- $2000 for Masters
After three sales on any tier, the affiliate makes the full 40% on the next four sales.
On the fifth sale and every fifth sale thereafter, the 40% commission is again split in half between the affiliate and their upline.
In turn, downline recruited affiliates must also split their commissions (as per the above rules).
- first sale on any tier is an activation sale (40% commission paid to upline)
- second and third sales split 40% half and half between affiliate and upline
- next four sales pay out 40% commission to the affiliate
- the fifth and every fifth sale thereafter is split 40% half and half between affiliate and upline
The first fifth sale is technically the eighth sale in a tier. The next fifth sale would be the thirteenth sale and so on and so forth.
When a Tecademics affiliate reaches $100,000 in earnings, they are paid an additional $100,000 for a 100% match.
When a Tecademics affiliate reaches $1,000,000 in earnings, they again receive an additional $1,000,000.
Note that the Matching Bonus must be qualified for within 36 months of signup as a Tecademics affiliate.
Tecademics affiliate membership is free.
If an affiliate chooses to self-qualify for commissions, the cost of purchasing Tecademics products is $100 a month either $2000, $10,000 or $12,000.
Tecademics marketing material also mentions an “Elite Fam Insider” package for $12,000, which includes one year of TEC Club membership.
The gist of Tecademics appears to be Chris Record selling what he’s learnt over the course of his internet marketing career.
Tecademics’ products are bundled very much as a college equivalent course.
MASTERS is a $10,000, one-time tuition fee for our TecAdemics, College of Internet Marketing.
The college education is a two-year program, with the second year giving you the right to repeat or audit the classes you attended in your first year.
Tecademic’s signature product brings students into a physical classroom to learn, share, and explore the concepts and strategies for maximizing Internet marketing success.
These classes are LIVE, structured, and taught by expert practitioners with real experience in the field.
Students take pre- and post-tests to measure learning.
The MASTER’S curriculum is developed by Ph.D. and Masters prepared educators with deep knowledge in the science of learning known as Instructional Systems Design (ISD).
The Tecademics website domain registration even goes so far as to list “Tecademics College” as the owner.
As per his Dark Post Profits marketing video, Record doesn’t have a college degree himself or any formal marketing qualifications.
Nor are there any specifics as to the qualifications of the “educators” featured in Tecademics’ products.
Tecademics’ compensation plan encourages affiliates to self-qualify for commissions for buying into the three offered product tiers.
Affiliates can either shell out $1200, $2000 and $10,000 separately or drop $12,000 on the Elite package to qualify for all tiers.
The danger from there is that affiliates will focus on recruiting other affiliates who do the same, resulting in chain-recruitment.
You sign up as a Tecademics affiliate, buy in for $12,000 plus $100 a month and get paid to recruit others who do the same.
At the expense of retail, this would constitute a pyramid scheme.
Retail is of course possible in Tecademics, but personally I’m not seeing anyone drop $12,000 without the attached income opportunity.
The good news is this is relatively easy to verify with your prospect upline.
First and foremost take a step back and look at how they introduced Tecademics to you. Did they lead with the business opportunity or the products themselves?
For what it’s worth, most of the Tecademics marketing material I came across just hyped the income opportunity.
Second, ask them how many $2000 and $10,000 retail (non-affiliate) sales they’ve made, and weigh this against recruited affiliate sales.
What you want to see is a healthy mix of both, ideally weighed towards retail.
A lack of retail sales would be indicative of a pyramid scheme.
More importantly, it would suggest a lack of retail viability for Tecademics products and see you having to also recruit in order to get paid should you sign up.
If Tecademics’ products don’t stand up on their own without the attached income opportunity, the second recruitment dies down the scheme will collapse.
Update 16th April 2018 – Following continued decline throughout 2017, in early 2018 Tecademics was sold off to IQup.
The MLM component of the business has been discontinued.
Save your money. Anything you need to know about anything is on the internet. Google it.
This yahoo probably didn’t bother applying for a permit at Arizona State Board for Private Postsecondary Education” to offer up his “college”. Which makes it doubly illegal.
Well, if anyone needed any other reason to be wary of this venture. Notorious serial scammer Vick Strizheus has left his own company High Traffic Academy to pimp this venture, under the name Four Percent Group – its dressed up as training program (sold by his affiliates on clickbank) very similar to his Big Idea Mastermind (Empower Network funnel).
He is basically encouraging his minions to not only buy and promote his own program but go ALL IN on Tecademics too.
Won’t be long before he’s swapping his affiliates ID’s with his own in his “ready made funnels” much like his previous scam Big Idea Mastermind. Surely having Vick involved is foreshadowing this programs doom before long anyway.
Hey K. Chang how can I find out if this Education Company has a Licence for Higher Education?
Someone should email the New York State Department of Education and ask if Tecademics is violating state laws.
From Wikipedia, about Trump University:
New York State Department of Education Email is: email@example.com
You can find that email address at the very bottom of the page, in orange background, at: nysed.gov/contact-NYSED
I bet they have zero real customers/retail sales. The only people who buy their stuff are people interested in the resell opportunity.
This scam is horrible. The marketing is everywhere that says courses for the “college” are developed by Ph.D’s – which there are none.
It took me three months to get the slim bag Jim Piccolo to admit there are none – they are only graduate level and, get this, signed a confidentiality agreement so we cannot know their name.
In their affiliate policy they say that an affiliate must pay a monthly virtual office fee – or risk being terminated and commissions forfeited. When I asked their help line about the fee, she said “we don’t charge a fee” and then “oh, we aren’t enforcing that” – although I have to agree to those policies to be an affiliate.
Also, the “contract” an affiliate must agree to says that the terms could be changed at any time without notice – and if an affiliate violates any of the policy, they risk termination and forfeit of commissions. NICE!
I calculated it – If I recruit 5, and they recruit 5, and they recruit 5 – I make $36,000 and they make $620,000…and after that I stop making commissions.
I HATE these people for parading as a college…saying you can “major” in things, and earn “credit hours” – for shit like learning Facebook Ads? Like any bozo can’t find that stuff free on youtube.
Hi everyone, This is a reply to Tallyho comment #3.
Just want to say you are right. I was a member of the four percent group of Vick Strizheus recently. After reading what you wrote here, I decided to check up on this for myself.
I wrote to clickbank about anyone having troubles about the four percent group and the reply was yes.
I went to my back office, copied an affiliate link that led straight to the sales page, and placed it in a new tab.
Clicking on the buy button popped a new email input pop up window appeared which I knew something was wrong at this point.
I entered my email and on I went to the clickbank purchase page and at the bottom was my affiliate ID which is good. The bad is when I checked my email and clicked the link, a new sales page appeared with another affiliate link in the url that had [ ?hop=byobdesm ] which is not my affiliate ID at the end.
Clicking on the buy button went to the clickbank purchase page and at the bottom had [affiliate=byobdesm] again not my affiliate ID. My Id had been swapped with this ID.
I took images of this and recorded screen capture MP4 video of everything I just said to back it up. I am just a hard working guy trying to get ahead in life and didn’t realize this still goes on today.
I feel bad for the other poor people that he just got into his downline in Tecademics who paid between $25,000 to $40,000 under Vick Strizheus.
Something else I found strange was the top marketers here in four percent group were also the top marketers with empower network as well. I wonder if this is just a pool for the top marketers to swindel dumb ass people like me.
Thanks for your time.
This is nothing new with Vick, Oscar. He did this on BigIdeaMasterMind as well as High Traffic Academy.
In fact if you really want to get into the depths this man can sink to then feel free to check out my FB page i like to call “Stop Vick Strizheus” (yes i know i got the surname wrong but what can i say? FB are assholes and you can only name your group once!)
I’m a little late to the party, but Vick was also involved in some scam when he was an insurance salesman, selling fake policies and screwing the company out of around $30,000.
Google Vitality Sttrauzheus. Also, Jim Piccolo had some real estate school in the past, where he sold students fake shares in some home building company and promised an 18% return on investment, which didn’t happen and some lawsuit was filed against him where he declared bankruptcy.
Chris Record sure surrounds himself with some sketchy people!
These are first negative comments where I found aout Tecademics or 4p… I did’nt both anything from them until now.
so Afiliate programs for Free Members is not working? they drop some different Afiliate ID??
You can’t make money off of “free members”. There’s slim to no chance that non-affiliates are going to be buying Tecademics courses, making it a product-based pyramid scheme (no retail).
They Bait and switch. They tell you that they are going to show you this system on how to market on Facebook for FREE and drive leads. So naturally they want you on a webinar.
When you get on the webinar, they tell you, of course, about the amazing amounts of money they made in 30 days.
Then the BS about his family and all the amazing things they can buy and of course, again, how he was dead broke and hundreds of thousands in debt until someone Jabril – (another con artist) told him how to market.
Bottom line they LIE and tell you one thing and when you get to the pitch, its TOTALLY something else.
I don’t mind paying for good info, but when you flat out LIE to get me to look, you are fucked with me.’
Oh, and they are calling it a “college” another RED FLAG and the prices are ridiculous for what they are pushing. Up to $10K.
Ever heard of Empower Network? Same bunch of thievingm con asswipes came up with this.
Ever Heard of trump University? Same type of “Colloege” scam at ridiculous “tuition”.
This is just another one of Jim Piccolos scams. Look at hIs pst ventures, they are all multi level marketing scams, this guy lives the lie that he presents to hopefully people who all end up with less money than they started with.
Plus the guy is a total dirtbag, I was at his previous company Noveau Riche and I watched him dating some chick 20 years younger pretending to employee her wile telling all his students and the whole world how happily married he is and what a wonderful family man he is.
He is totally full of crap. Buyer beware, this guy is trying to fatten his pockets, and empty yours.
In case anyone still cares, Jim Piccolo can add another notch to his belt. Jim did what Jim does and exploited his business partner.
IQUP is Jim Piccolo’s latest new company and although the spin is that some fancy outside investors purchased Tecademics, the truth is Piccolo forced Chris Record out of the company he started and bankrolled.
It is not a secret that Jim is the mastermind behind the scenes and his main pawn Phil Lechter is the front man and CEO.
Chris is off rapping about life as an entrepreneur, bitcoin and much more, as well as launching a new company to try to regain some ground after getting blindsided by his former partner and Nouveau Riche mentor.