Business & Finance Electronic Commerce

PeopleString Review - The Hidden Facts

This article is not aimed at making assertions or repudiating claims.
It is rather meant to be an eye opener for you in wake of the fact that most of the other reviews that you come across on internet are written with a biased perspective and often by people in the same industry and in competition with the business that is under review.
The best thing about this review is that we provide you with completely neutral perspective on businesses and their performances in the market.
We bring the real statistics to you as we do not work for or with any of these businesses under review.
If you are a smart businessman, we are here to provide you with the correct information so that you can make the right decision.
Well if you have noticed most of the comments on the business, you will find a vast difference between the then and this review.
Most of the commentators harp on the fact that you can make money by simply signing up without having to put in extra efforts.
Keeping in mind the facts, lets see how many of these comments are actually true.
First and foremost, PeopleString is one of those social networks that have a MLM or affiliate style compensation plan.
If you are not aware of online marketing strategies, we will help you understand that as well.
Even though you do all your socializing online without paying a dime for it, social networking sites such as Facebook etc.
make a lot of money out of the advertisements posted on them.
These revenues are then reinvested to generate more revenues for the site.
Higher the traffic, higher the revenues and this bring compensation plan scheme into the picture.
PeopleString has come up with the idea of sharing its revenues with the users.
They have decided to pay 70% of the total revenues earned from advertisements as well as memberships to the users.
You might be wondering why would people use a site like PeopleString for promotion of their products or businesses or even go a step further and think that the company is actually using the membership money to compensate the users.
Though this issue is not settled yet, we would switch to more settled issues.
You can become a member by either of the two ways i.
e.
by paying a fee or for free.
Free membership provides you with access to the social network, access to video email (duration less than 60 seconds), 2GB of email capacity, emails that can self destruct and opportunity to make 5% of the revenues generated by your personal recruits.
You can also make 2% of the revenues down five levels.
Another option is through buying the 'Entrepreneurs Package' that comes with unlimited email capacity in addition to POP3 as well as IMAP support, a separate domain name with as many as 20 email accounts and better opportunities of making money through revenues as you can mane as much as 20% on personal referrals and 6% down the line after five levels.
PeopleString is basically just another social networking site comparable to MySpace and Facebook.
You can meet new people and share ideas on almost anything whether business or fun.
If you are someone who enjoys this kind of socializing, PeopleString might be of some value to you.
However, if you are drawn to this service for making money you might need to reconsider.
If you want to make money, you will have to take the Entrepreneurs package so that you can make use of the MLM Marketing system for recruitment as mere training offered by the service might not be able to help you much.
The service lacks proper training and marketing that leaves you with only yourself to bank on.
If you have the ability of making online marketing a successful venture, you will have to put in a lot of effort as just joining the right company might not always work.
Your skills and capabilities can take you far ahead of your competitors in the field.
The question that still remains to be answered is whether PeopleString is just another fraudulent player in the market or you can actually make a lot of money from it, if you put in the right amount of effort and dedication? The facts and assessment of the available statistics point towards possibilities with respect to the service.
It seems to be able to provide income opportunities to the member but it can't be made the mainstream source of income.
It can at best be treated as an additional source of income that you can link with your basic MLM Marketing strategy.
According to the statistics, the commissions paid are quite low and it might take you years to create a big enough group to earn substantial income for yourself.
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