FutureNet calls themselves a multimedia Network club. But what does that mean? How do you make money with them, and could it work for you?
Let’s find out now in the FutureNet Review:
Product Name: FutureNet
Website url: http://futurenet.club/login
Price: $10 starting fee
My Rating: 2 out of 5
My Recommendation: FutureNet says you can make money by using their social sharing platform and recruiting people in to join as well. It’s OK, but it’s not going to change the world. If you are not into recruiting and want to find a way to build a REAL home business, check out my top recommendation.
What is FutureNet About?
FutureNet or sometimes know as FutureNet Club is an MLM which claims you can make money through recruiting new affiliates. They claim that they combine the 3 best ways to make money for the future and that you can earn money from any of these channels
- Social Media
- Multi Media
- Making Money online
Essentially, they have created a social media platform which you get paid to use and which you can use to either chat with friends, or upload multimedia content, amongst other things.
You get paid for doing all the activities you would have done otherwise on all the portals mentioned above, although you are not being paid to use existing social media channels but to USE and RECRUIT people into their own media channels. They talk about the likes of Facebook not giving you anything for the time you spend using it, and this is where FutureNet is different.
They have been running since 2014, so they have been around for a while, well that is a while in the world of internet marketing!
Have you heard of them before? I hadn’t so they can’t be next big thing then can they?
Take a look at this video which is supposed to sum it up. Well you would hope it would. But really, it’s 6 minutes of talking about the internet.
Still no idea what FutureNet is about? They don’t make it easy to find out!
In addition to using their platform as a social media channel to chat to your friends who you have invited, they provide a load of products, namely
- Landing pages
- Your own blog
But why? You have to give out your email address to find out more. To get access to information on these products, by downloading their magazine. Why hide it? Why not tell people upfront what your products are?
What is the magazine about?
To save you downloading it and giving in your email address I did it for you and here is an outline of the content.
Very poor English from the off ‘Welcome at FutureNet’. Some parts I had to re-read again to understand. Not a good start.
This is a 33 page booklet, which is made up of mostly glossy cheesy pictures and things I’m sure you already know!
It says you only need to invest ONCE. Anything between $1 and $1685. The more you invest, the more you earn in the form of media points which allows you to purchase more products. And there are no monthly charges.
You have two choices you can either join and recruit people into the program and make money that way, OR you can use the platform to promote your own multimedia products and use it as a social media platform and earn while you use it or both.
What I found most annoying about this magazine, is it goes on an on about the internet. Did you know the internet is big? Did you know lots of people use the internet? Did you know you could make money on the internet. Really!? Who are they talking to, 4 year olds? And it goes on and on. Enough already!
They attempt to explain their compensation plan, which they call a marketing plan, in the magazine, but I have to say, it’s confusing, so I hope to simplify it here.
If you are interested in this business, I would suggest that you take a more long detailed look at the compensation plan and download this magazine.
What is the FutureNet Compensation Plan?
Earning by recruiting new members
FutureNet use a Unilevel Compensation plan to pay you when you recruit new members. What this means is that any new recruits are placed directly under the person who recruited them. But you can only earn commissions from levels 6, so this is WAY down the line! AND you have to have satisfied the following criteria before you qualify for payments
The compensation plan is structured like this
Level 1: Your direct recruits
Level 2: People who those in level one have recruited
Level 3: People who those is level two have recruited.
This goes on, technically, forever,
- Once you have recruited 6 people, you will get 2% commission on their membership fees
- Once you have recruited 7 affiliates, you will get 2% commission on membership fees of those on level 6 and 3% on level 7
- Once you have recruited 8 affiliates, you will get 2% commission on membership fees of those on level 6 and 3% on level 7 and 4% on level 8
- Once you have recruited 9 affiliates, you will get 2% commission on membership fees of those on level 6 and 3% on level 7 and 4% on level 8 an 5% on level 9
- Once you have recruited 10 affiliates, you will get 2% commission on membership fees of those on level 6 and 3% on level 7 and 4% on level 8 an 5% on level 9 and 6% on level 10
So the payments above are based on recruiting affiliates. Next you have the matrix commission structure which is based all around the commission from sales of the products.
They operate a 3 x 10 matrix and within this are 6 upgrade levels to take your earnings further. These upgrades cost $10, $25, $50, $100, $500 and $1000. Note these are ONE off payments, there is no monthly ongoing payments. THIS IS HOW MUCH IT COSTS TO START EARNING.
The higher you upgrade the more you will get out of the business, as the level of upgrade you choose will effect your commission payments.
This compensation plan is pretty complicated, as it the case with many MLM compensation plans
FutureNet has been around for a little while and so it has some history there. Not a bad thing.
It’s intention is to take on the likes of Facebook and other social media platforms but to share money back with its users, but have you ever heard of it? This would suggest that they are no where near their target.
Can you earn money with them? Yes, and people have, but you need to think whether this business is for you. Are you interested in trying to get friends to join a new social media platform that they have never heard of, how many friends would you have to recruit to make it a place to connect? Are you interested in buying into any of their products, which, let’s be honest, they don’t share a lot of information about. Even in the magazine.
I am not a huge fan of this business. I really don’t like the MLM business model anyway, but that is personal choice. This one to me is one of the hardest things to do, to recruit friends and family into a business, and it’s a dangerous ground to get into, if you want to keep your friendships that is. And FutureNet has a really strong emphasis on focussing on friends and family particularly.
It’s not a bad business, but I wouldn’t recommend it. I hope this FutureNet Review has helped you to understand a but more about this business.
So what now?
If you are still looking for a way to earn money online and have your own home business and the freedom that gives, then try my no 1 recommendation which has 13 years of history behind it and countless success stories. It’s free to join and you can try the whole system first.