Is Buildabizonline.com a scam? Is it another gifting scheme or pyramid scam? I will provide you with my analysis of the program or if it’s a scam.
Is Buildabizonline.com a scam? Or is it a legitimate MLM after all?
The idea of earning reliable income in the comfort of your home has been a trend for many years now. Actually, the prospect has been around since the late 90s, and its potential has been magnified in recent years.
And among the businesses that have taken advantage of its potential as an income opportunity in their infancy is a company named Buildabizonline.com.
You might have heard of them before, or this may be the first time you have been acquainted with them, but they have been in operation since 2006.
And if you don’t have any idea about them and want to know if they’re a good investment, then the discussion I’ve prepared for today is specially written just for you!
But before anything else, indulge me for a moment and share with you that I am NOT an affiliate or associated with Ian Stewart, and I will NOT benefit in any way if you decide to avail their package.
This article is my unbiased opinion of the MLM program. And then provide you my analysis of whether it could truly deliver what it had promised.
So without further delays, let’s dive into today’s discussion…
Although the MLM business has been in operation for over ten years now, there’s not much information about Ian Stewart—the founder and owner of Buildabizonline.com.
Even with the help of Google search engines, you won’t find any sufficient background about the founder of the company.
As far as I am concerned, the landing page of the site is pretty old—about fifteen years old, to be exact—
With so little info about him to cross-reference his credentials despite claiming to be in business for a long time, does this mean that he is untrustworthy?
Is Buildabizonline.com a scam? Or is there a chance that the MLM scheme is legitimate? After all, they have been in operation since 2006, right?
Or you can refer to my best work-from-home recommendation if you’re searching for a better alternative with low risk yet yields a high and reliable source of income online.
If you’re still interested in wanting to more about the program, then let’s continue with today’s review…
What is Buildabizonline.com?
Buildabizonline.com is an MLM company that advertises itself as an affiliate marketing business. But in reality, it’s a done-for-you or DFY system where you will receive premade materials and content such as the following—
- Referral Links
- Promotion Links
- Email Swipes
- Sales Funnel
However, you have to remember that its DFY scheme is not the primary business of the company.
AS I mentioned, it is an MLM company where you have to recruit as many people as you can to earn money.
I am not really a fan of such schemes, mainly because of the risk involved. According to the FTC, only 1% of people who engage in this type of business model succeed, and the rest of the 99% either don’t earn anything or, worse, lose money.
The study is thoroughly discussed in Jon Taylor’s Book called “Multi-Level Marketing Unmasked.”
The main reason why many MLM representatives lose money is due to the structure’s strong dependence on recruitment.
As we all know, recruitment is their lifeblood. Such a setting is highly unstable because the entire business will collapse once the lower line members cease to bring new people into the scheme.
Anyway, if you’re looking for a better alternative than MLMs, that’s less risky yet yields a higher and more reliable source of income online, then you have to check out my best work-from-home recommendation!
The Buildabizonline.com Business Opportunity
One of the primary characteristics of Multi-Level Marketing businesses is their complex compensation plans. It is so complicated that it feels like you would even need an expert to decipher the entire business opportunity.
The compensation plan of Buildabizonline.com is no different. They are as convoluted as you can imagine. However, I have summarized them in this section for you to better understand how the program works.
Also, they are accused of being a gifting scheme or a form of illegal pyramid scheme because members are forced to compensate your upper line whenever there are newly recruited members.
Just take a look at the following table for reference—
Compensate $20 to your sponsor or recruiter, and then you are supposed to receive a gift of $20 from your lower lines.
Compensate $50 to your sponsor or recruiter, and then you are supposed to receive a gift of $50 from your lower lines.
Compensate $100 to your sponsor or recruiter, and then you are supposed to receive a gift of $100 from your lower lines.
Compensate $200 to your sponsor or recruiter, and then you are supposed to receive a gift of $200 from your lower lines.
Compensate $500 to your sponsor or recruiter, and then you are supposed to receive a gift of $500 from your lower lines.
Now, the “Queue” refers to the number line or level of recruitment. Therefore, the five queue means you can earn up to the fifth level of recruitment.
In addition to their compensation plan, the members of Buildabizonline.com also benefit from specific features like in any other DFY scheme. The benefits are categorized depending on the type of your membership.
First off, let’s cover what is included in the free membership—
- Email swipes
- Email marketing training
- Promo banners and links
- Advertising and marketing tool
- Access to two banner builders
- Email autoresponder training
- URL rotator
- Business cards
The problem, however, is that you won’t be able to promote them because you will not have personalized affiliate links. If you become a paid member, you get the features mentioned above plus the following perks—
- Email autoresponder software
- Affiliate links
- Ten banner pages
- Splash page builder
- Email progress tracker
- Button builder
- Two-Step Form Generator
- Email template creator
- Autoresponder form creator
- Scarcity bar creator
I also reviewed other DFY systems in the past. And you can check them out if you like—Commissions Pages, Mary’s System, ClickBuildConnect.com, and Affiliate Secrets 3.0, just to name a few of the articles I have published.
Or, you can check out the rest of the articles I have written by clicking here, which include reviews on MLMs, affiliate marketing programs, online training programs, GPT sites, etc.
As I have discussed, there are six membership packages, and the cost depends on the gifting scheme that the recruit has availed.
There’s the free membership which gives you limited access and from a low of $20 to a high of $500.
However, if you’re looking for a better source of income that’s cost-effective yet can deliver far superior results, then I highly suggest that you check out my best work-from-home recommendation!
Just by referring to the compensation plan, a trained eye can pretty much tell that it’s a classic example of a gifting scheme. A type of pyramid scheme that is illegal in many countries such as Canada and the United States.
The word “gift” is literally stated in their compensation plan.
However, we may never know how Buildabizonline.com has been evading financial regulatory bodies throughout the years.
Nothing. I don’t recommend Buildabizonline.com in the slightest bit. Even though it is advertised as an MLM, it is indeed a pyramid scheme just by referring to the compensation plan alone.
Your chances of succeeding in an MLM setup are extremely low, so much more if you’re dealing with a pyramid scheme.
Now, below are the disadvantages of Buildabizonline.com that you have to take into consideration and why they’re not a good investment to engage with—
In general, the income potential for DFY systems is very low simply because the premade materials and content are generic.
And you have to bear in mind that search engine consoles have a strict policy on duplicating publications which their system filters out as spam.
As I repeatedly emphasized, Buildabizonline.com is a gifting scheme that you have to refrain from investing in at all costs.
I hope my review for today has provided you with the information you need to give you the definitive answer to this all-important question—is Buildabizonline.com a scam? And why the program is not worth your while.
I don’t’ recommend the program if what you’re after is a source of income that can give you financial stability. The combination of the low-income potential of DFY systems and scam-potential of gifting schemes makes them highly undesirable.
Check out my best work-from-home recommendation if you’re looking for a better income opportunity that’s less risky yet yields higher and more reliable profits.
Well, I believe that’s just about it!
And to show you my gratitude you just by being here, I’m also giving away my book for absolutely no cost to you to help you jumpstart your eComm journey—
Thank you for the time and effort in reading my “Is Buildabizonline.com a Scam” review!
I hope to see you next time!