What Is The Reverse Funnel System?
| February 22nd, 2008If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Throw a virtual rock on the internet, and you have excellent odds of hitting a money-making concept…they’re everywhere. Today, we’re going to talk about the Reverse Funnel System.
A man by the name of Ty Coughlin created this multi-level marketing (MLM) system, with promises of thousands of dollars of profits for those that sign up. Is this true? First, let’s look at what the RFS is.
The Product
The RFS is a marketing method developed to drive sales for Global Resorts Network, a business that sells luxury vacation packages. These packages are for various resort locations and cruises, with large discounts on the prices charged.
So, if everything is discounted, how do you make money?
The System
The Reverse Funnel System has become prolific on the internet, with thousands of websites springing up promoting it, which usually indicates that there’s massive interest. So how does it work?
The Reverse Funnel System pays you a commission on every membership to GRN you sell, a product that costs a few thousand dollars at the least. Now, if someone takes two or three vacations per year, the discounted prices work out to a net savings even after the membership fee, which is the selling proposition for GRN. Where the RFS shows multi-level marketing characteristics is in the fact that you also earn commission on every sale made by someone who signs up for the Reverse Funnel System through your affiliate link.
True, this can add up to quite a sum, and the RFS has set things up to automate as much of the process as possible, eliminating some of the “cold-calling” inherent in other systems.
The Downside
The Reverse Funnel System is not a free system. Yes, everyone knows the old cliché’ “You have to spend money to make money,” but the financial outlay required isn’t made clear up-front. The first “investment” you’re required to make is a $50 application fee, which must be paid before you receive any details. After that, you will have to purchase a membership in Global Resorts Network, which will cost at least $3000. Of course, this allows you to enjoy the benefits of GRN, so if you like to take vacations, that cost might be easy to justify.
The Recommendation
The Reverse Funnel System could definitely make money. However, for every person I can introduce you to that has made a killing with similar systems (and yes, I know quite a few), I can also introduce you to one that never saw a dime. As always, walk into this with your eyes open, knowing what you’re getting into.
Great Post!
Now I finally know what it is
By the way, a quick question, making money-wise, is it possible for anyone to make money, risk-free, all $3050 back in good time?
I’ve never used it but MOST opportunities online have potential for big return. It all depends on the person behind it. Not all programs are suited for all people and in any given program there will be people who perform well and those who do not.
I think if you truly believe in the project and are enthusiastic / persistent you’ll do fine. If you can’t get that way about a project try one where you can.
I also know a lot of people who have made a killing on multi-level marketing. I actually made some, enough to recover my cost and my effort. The business however is very tough. You really have to be a self-starter for this kinda thing. GREAT POST!
Hi Chris,
Thanks for the comments you definitely are correct about the self starting. There is no one who is going to hassle you to go out there and make your own financial future happen. I think that’s a major reason why so many people are content just working for someone. They don’t have the stress of self starting!
You will probably want to do a fair amount of due diligence on this system to find out how much you can expect to make using it. there is a wealth of information available on the internet about RFS.
When any business proposal is framed in a manner to lure you in with vague endorsements regarding the ease of generating wealth, steer clear. I spent many years running my own business. I was a legitimate retailer. Every thing I did was upfront. No BS. Guys like Ty can’t be upfront. If they were people would avoid him like the plague. Multi level marketing is profitable for the creator and those few people who get in early. If you want to become a pest to family and friends by all means get into a MLM venture. Due diligence cannot be discussed enough. With MLM’s due diligence becomes,in most cases, just about impossible. Go ahead and try a who, what, where, why, and when on some of these characters and the people who endorse them. In my business life I’ve met so many who present a facade of wealth yet can’t get credit and have a track record fraud and deceit. Be careful out there.
multi-level marketing…
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