Now we all know that the make money online section is thwart with companies that have been shut down or never even started up properly after taking huge amounts of sign up fees from people. Recently, I came across a new kid on the Multi-level marketing block, R Network, I was intrigued and thought I would investigate and find out more about this company as they were totally unknown to me.
In my R Network review, you’ll discover the facts you need to know.
Whether R Network is a scam or a legitimate opportunity to make serious money.
They state they are not just another direct marketing company well let’s go and see if they are right.
Name – R Network
Website – www.rnetwork.io
Owners – Richard Smith – Trent Walker (Plus 3 Others)
Price – $38 a month
Overall Rating – 5 out of 10
What is R Network
Okay, let us kick off this review by explaining more about what R Network actually is.
R Network isn’t selling your normal, lotions, potions, health, and diet pills, well there’s a plus! In fact, it’s difficult to know what they are selling until you dive a lot deeper into the company.
The idea is that R Network will help you make money when you help other people save money. Sounds like an easy ride as most people would like to save money if their life. I am always looking at ways to save money.
Meet The Creators
Although we have an image and some great information on their feats within the MLM and financial sector, they are not named. Not sure why you wouldn’t want your name associated with these great achievements that have been given to us.
I did do some research I have found two names that apparently are connected to the launch of R Network they are Richard Smith and Trent Walker neither are known to me, but are probably well-known is their own niche or were associated with some of the best network marketing companies.
Some accreditation s giving to the 5 brothers as they are known (they are not brothers by the way)
- They are all married 100 years in total and counting.
- Over 46 years of MLM experience (This doesn’t mean they were successful of course)
- $800 million of products moved through MLM in nearly every country in the world (that works out 3.4 million for each of them per year of experience) This seems very high but we will have to run with the figures for now.
- 11 successful companies that they have been associated with a 1 Billion turnover. That’s two and a bit each!
- 80 years of entrepreneurship between them. This doesn’t mean a lot of course
- 28 years of experience working in 3 Fortune 500 Companies (These are there day jobs of course)
- These are just the highlights you can read the full list on the R Network website.
Please note that Charter membership is by invitation only
R Network Products
As I have already reported they are not going to selling the run-of-the-mill multi-level marketing products. Looks like their only product currently is the revolutionary Revv Card. This is a payment card that is attached to your existing card. By using the Revv card you can claim discounts at your favorite retailers. You can also use the same card when you make normal purchases too.
This means that you don’t have to make unwanted product purchases every month and you don’t get involved with shipping or maintaining the stock. So, yes a different concept to the normal MLM business.
They are currently partnered with over 300,000 businesses, hotels, restaurants, and retail stores including big names such as Hilton, Marriott, Dominoes, and Subway. Being partnered is another way of saying you can use the card at these establishments but isn’t that the idea or have a missed something here.
You just pay as you normally but using your Revv card and then earn points that you can redeem in other outlets or in cash via ATM machines. You can add all your different cards to the one Revv card so no need to carry a wallet full from now on.
The one thing that would concern me is how secure is the card especially if it was lost or stolen. They have answered this with plenty of techy security including biometric fingerprints, GPS, and a Cellular chip. The thing is why are these not already in use with your normal cards?
I suppose only time will tell on this one and if it becomes a household payment system only then will scammers get involved.
Like all MLM models sharing the opportunity is where the real money is earned. Unfortunately, this is where most people come unstuck and why I chose affiliate marketing verses network marketing . Maybe this will bring me back!
When you share this opportunity with others is of course where the power of generating an online income comes in. So let’s dive into the compensation plan and see how different it is from any of the other players in the network marketing industry.
All you have to do is become a Charter Member to obtain a Revv Card.
Just one issue with this is the card is not going to be available till early in 2020. Hum, could this be one of these take your money and run companies never to really launch… but I am keeping an open mind at the moment.
The Rewards Network
In addition to the Revv card, members will get access to a discount vacation booking portal. So much for being a unique player in the MLM space. This mirrors other companies like World Ventures.
R Networks Compensation Plan
Firstly before we get into what you can earn let’s go through what it is going to cost you first. After some searching, I found a reference to a $38 monthly subscription I am presuming this is the only cost involved which does seem rather cheap for an MLM business.
If you refer others who join as a charter member then you get a one-off $25 commission plus further commissions every time they shop using their Revv card.
There were very little details about the compensation plan but I did manage to find a few snippets of information tucked away on the website. It is saying they use an auto-fill 3×10 matrix which means you have 3 people on your first level and the matrix goes down 10 levels.
This is where you can position yourself, funny they always say that when they are just launching to get people in. Getting people to become founder members is used quite a bit in order to gain members before the launch. Like I previously mentioned beware, of this tactic as many companies fail to even launch and people lose their money.
Read here on 9 flags to watch out for when research what is a scam or not.
What I Like About R Network
- Everybody loves to save so if I can earn while saving I am all for that, and so will others be.
- I like the concept just don’t know if it will earn you enough money, you are talking really small percentages.
What I Am Concerned About
- The level of commission is unknown so its probably going to be small so you would need hundreds of people to sign up to actually earn anything substantial
- I don’t like the idea of only getting paid a one-off $25 per referral, you are doing all the work and the company is making all the money
- Not keen on monthly subscriptions where after the first month there’s no added value. At the moment I can’t see any ongoing value to keep paying monthly.
- The card itself is not yet launched I would wait until it is up and running and everything is working before parting with any cash.
UPDATE:- July 2020
I am still hearing stories that RNetwork has yet to launch their Revv card. With it taking this long I would be looking to get my membership money back and certainly would avoid for now.
- The owners are not openly named on the website which is a concern, this is one of the red flags I would look for when looking for scams. Read the article a few paragraphs up about what is a scam!
- Direct sales businesses are always difficult especially if they are just starting up. The problem is most of these new businesses fail within the first couple of years. I would always join an established company if I wanted to go down this route.
Read this article to check out some of the best network marketing companies to join.
Should You Join R Network
Although I like the concept I would certainly hold off and wait until at least the card is released. Also, it would be great to have more information on the 3×10 matrix and the potential earning power of this.
They are of course urging you to get your position in the matrix, which seems weird as they don’t give you any details about it on the website. Would you pay for something without seeing it… No!
There are many ways to make money on the internet I currently would recommend avoiding RNetwork. Read on to discover how I make money every month.
For me, I will be sticking to affiliate marketing as it gives me the passive income I desire without having to rely on others to do things for me.
If you have not heard of affiliate marketing it is recommending other companies’ products and services. When customers buy the product you get a commission. Simple! Read my affiliate marketing for beginners complete tutorial on how to get started!
We all know people have their own agendas and it normally doesn’t involve you. If you would like to start your own business today with minimal cost. A proven trusted business model that has many multi-millionaires then I would love you to join me on Wealthy Affiliate. Where myself and the rest of the community can help you get started and give you ongoing support and guidance many of the members are full-time affiliate marketers.
More info on a Wealthy Affiliate review is success guaranteed
You can even grab a free starter membership and get free training there is a whole community of fellow entrepreneurs waiting to help you succeed (me included) There is a weekly live training call and both the owners are visible on the live chat and within the community which is amazing. Click the link above for a full overview of the business model and how you can start. I would love to help you. 🙂
Any questions about R Network and or Wealthy Affiliate please leave me a comment below and I will be more than happy to answer them.
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