Welcome to my VenVici Review!
There has been some buzz about this company, so I decided to check it out for myself.
Some people call this legit while others a scam, so what is the truth?
I am going to put all the rumors to rest and walk you through the company, products and compensation plan so you can make the right decision.
Find out if this is legit or a scam…
What Is VenVici?
VenVici a crowdsourcing company established on January 10th, 2014 at Singapore. The firm is specialized in affiliate marketing.
The domain name “venvici.com” was registered on 1-10-2014. The name Wang A Ping popped up for the registered owner with an address from Singapore.
I tried digging more information on Wang Ai Ping and his connection with VenVici, but likely due to few barriers, I was unable to find much about it.
The company is known for using a proprietary system called Affiliate Incentivized Marketing to promote products. Moreover, it also provides an e-commerce website called V-More, which is feasible for all VenVici business resellers.
VenVici uses a multi-level marketing-style system to award affiliates for their referrals. The company is also the main marketing company used by Gtoken, a mobile gaming platform involving the use of a digital token.
Cost to Join VenVici
The company doesn’t give you any prices, but you must put a minimum of $100 investment.
Unfortunately, they offer no retail products, But, on taking a look at closer look on VenVici’s product line, affiliates are asked to invest their money into “Gtokens.”
Gtokens are a point system used internally with the company, and in turn connected to PlayToken — something that VenVici describes as a “mobile commerce platform.”
On the other hand, third-party developers can build apps for PlayToken, and Gtokens can further be used to purchase paid apps or cashed out by participation in collaborative campaigns.
The firm is also offers V-More, which is an e-commerce system where you can spend Gtokens for other products.
How Does VenVici Work?
The company aims to combine the efficiency of affiliate marketing with the effectiveness of incentive marketing. With traditional affiliate marketing, company pay advertising dollars to affiliates based on each sale or conversion. However, affiliates can promote products to increase their sales or conversions. Affiliates might encourage someone to play a game for free.This doesn’t directly lead to a sale, but it does lead to greater traffic and advertising revenue for the game.
The end result of the Affiliate marketing system is the development of communities of affiliates that the company calls Resellers. As a Reseller, you’re can earn profit on recommending people to join the community, consume products, or purchase items from the VenVici marketplace.
Moreover, The company also has core affiliates that come from its Reseller pool. Initially, these core affiliates will go through training. They will also earn compensation through a loyalty program tied to performance. Core affiliates can now use their own social networks to create their client base.
VenVici Compensation Plan
When it comes to earning profit with VenVici, affiliates invest real money into Gtokens and further cash out their earnings through VenVici.
On detailed study on the company’s website: There are also a few ways you can monetize the GT.
Direct Sponsoring Commissions: The company pays you 50% Commissions on your personally sponsored members’ investments.
Residual Commissions: All residuals are paid through some kind of matrix compensation plan structure up to 3% to 5%.
Star Achiever Incentive: This incentive awards resellers who have achieved excellent results by breaking through monthly benchmarks set by the company.
Lifestyle Subsidy Incentive: This incentive awards top resellers by paying subsidies on personal luxurious expenditures
Overall, it seems to be a cool concept. VenVici is an MLM opportunity with no product line and a platform that encourages the audience to invest and recruit other people to do the same.
I Hope VenVici review was worth reading and if you have any queries, please leave them in the comments below. Make sure to share this review by clicking on the social share buttons on this page. Share it so others can know exactly what is VenVici all about.