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Titled: Passport to Wealth - Scam or Real? Get the Internet Marketing category RSS Feed

Passport to Wealth - Scam or Real?

Article Summary: Passport to wealth business review. Is it is a legitimate opportunity or a scam?

As I began my investigation into Passport to Wealth and whether or not it was a scam or legitimate opportunity, I found some very interesting points about the upsides and downsides of this opportunity.

The originator of the passport to wealth opportunity is an Australian by the name of Darren Gaudry. What he did was essentially copy edc gold, another company and direct competitor in the home business industry. Both edc gold and passport to wealth have not only the exact duplicate products offered, but they also share the exact same 2 sale pass up compensation plan. A really great thing about the compensation plan is that it pays a 100% total commission of $997 on each $997 product system sold.

The product package presented contains a multitude of different software and audio books that can be utilized for anything from building websites to creating and uploading audio and video to your site.

If you are brand new to internet marketing you may be confused about what a 2 sale pass up compensation plan is exactly. The Australian 2up simply means you have to begin by passing your first two (qualifier) sales and commissions of $997 each (which equates to nearly $2000) to your sponsor before actually pulling in any type of income. These are considered qualifying sales.

The downside of a 2up compensation plan:

If a new person does happen to make two sales, they then breakaway from the person who brought them into the program and are then qualified to earn a 100% commission from sales then on.

It sounds great, but when you take a closer look, it can mean disaster for that person. You see, what happens many times when they breakaway from their sponsor, they get no more support or training. This is because the sponsor no longer earns any commission on their efforts and so therefore has no incentive to help them continue to make sales and have success with the program. In essence they become direct competition for each other and therefore there is a lack of team synergy between many members.

Coming to conclusion, passport to wealth definitely has some good software products to offer consumers and software is a hot item to market right now. However, some concern comes up with the compensation plan as most newbies will really have a hard time doing well simply because they have to pass up those first two sales. For an experienced marketer, this might not be an issue, but many newbies will end up struggling.

Article Source: http://www.upublish.info

About the Author:
Brian McCoy
About the Author: Brian McCoy is a top internet marketer and works with other industry leading marketers from around the world. To learn more, click here to get his Wealthy Marketer Newsletter.