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SpinDistribute.com Article Directory

The following article was published in our article directory on January 17, 2013.
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Penny Matrix - Scam or a Legit MLM Business?

Article Category: Business

Author Name: Drew Hilton

Basically, penny matrix is founded on a multi level marketing business where every member enjoys a payout based on the number of their referrals. This is just like any other MLM scheme but the matrix is quite different.

The primary difference is that this system is very affordable to sign up, normally below $10 based on the scheme you choose. Naturally, the payments could be smaller because the investments are also smaller. This probably stirred the penny matrix scam bandwagon. That's why first-timers must understand that it would take a lot more members to become downlines for the system in order to earn considerable amount of money. However, the main advantage of this is it becomes very easy for people to sign up because the membership fee is low.

The penny matrix is built on the 2 by 14 structure on top of the 100% matching bonus on personal downlines, and the average sign up fee is $7 to $10 a month. Another distinctive feature of the system is that investors will have limited number of downlines on their first level. If you have three or more referrals, the extra person will be automatically placed under one member or your second level. This actually helps members to fill the matrix faster. Probably, those individuals who can't get the idea would brand this as a penny matrix scam, which is unfair. If you would do the math, you will start to see that to complete the 2 by 14 framework, you need to sign up a total of 32,786 members as your downline.

Most online reviewers don't believe in the penny matrix scam idea. They agree that the popularity and the profitability of the system is due to the simplicity of the process. Signing up with the system is very simple. An online user just need to visit the website, browse for valuable information then click the Sign Up banner. The website will prompt you to activate your membership upon payment of the $ 7 monthly membership fee. For those who already tried MLM opportunities, $ 7 is just a small investment for a regular flow of income.

Once you activate your membership, you can also gain access to a database of e-books that are not only about MLM but also about varied topics for education and entertainments written by professionals in varied fields. Once you have completed your sign up, you can download these ebooks instantly. Active members will also take advantage of the back office support where you can easily monitor the status of your 2 by 14 matrix, personal downlines, and your downloads.

Be sure to monitor the 2 by 14 framework since it is the main source of your monthly commissions. After you sign up, it is important that you share the system with two potential downlines and encourage them to become members who will also need to recruit two other members until the matrix will branch out. When your matrix is complete, you can have thousands of downlines each paying you a penny each month.

Keywords: penny matrix, penny matrix scam, penny matrix review

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