Hits Monkey Review
Has someone approached you and asked you to join Hits Monkey? If yes, you might be wondering whether or not to join this business opportunity. Well, it is important that you get all the facts before you make that decision. You need to know whether Hits Monkey is legitimate or just a scam. Here is an honest review about Hits Monkey based on facts and from someone who is not associated with this business in any way.
Hits Monkey Review – The Company
There isn’t any background information about who runs or owns the business. In addition, their official website doesn’t even list or say anything about where the business is located. The domain name “hitsmonkey.com” appears to have been registered on November 4th, 2016, but it was set to private. This means that there is no any information about who owns the domain or where the registration took place.
As always, if a direct selling decided to hide such vital information from the general public, think long and hard before you decide to join the business. It is very important to know who the CEO of a company is before you decide to join. If you can’t find any information about the person(s) that runs or owns a business, chances are they are hiding something.
Hits Monkey Review – The Product Line
When it comes to product line, there isn’t so much to say about Hits Monkey. Hits Monkey is a network marketing company that does not offer any retail products or services. Unfortunately, this is a trend that is usually adopted by companies that operates as scams or pyramid schemes.
The absence of a product line means that the affiliate’s main responsibility is to market and sell the affiliate membership only. So, if the business fails to recruit new members over a certain period of time, it may collapse due to lack of funds.
The business does offer free traffic and paid access to an autoresponder, however this doesn’t really matter due to the fact that there isn’t any commission attached to them.
Hits Monkey Review – The Compensation Plan
When it comes to compensation plan, Hits Monkey affiliates are able to earn commissions by gifting money to each other via the use of bitcoin. These payments are tracked through a unilevel compensation structure. A unilevel compensation plan places one affiliate at the top of a unilevel team. All the affiliates that you recruit personally are placed directly below you (level 1).
All the affiliates sponsored by members from level 1 are placed directly beneath them (level 2). If any affiliate from level 2 recruits a new member, he or she is placed directly beneath them (level3) and so on and so forth down a theoretical infinite number of levels.
Hits Monkey places a payment cap on the 6th levels of recruitment. When you join the company for the very first time, you will be tasked with giving bitcoin to 6 affiliates that are placed above you in the compensation plan.
The total amount of money that you are supposed to gift the six affiliates above you are calculated in bitcoin based on USD as follows:
Gift around $8 USD in bitcoin (BTC) to the person that sponsored you or recruited you to the business
Gift around $10 USD in bitcoin (BTC) to your fourth upline – the person that is three levels up in the unilevel system from the one that sponsored you
Gift around $5 USD in bitcoin (BTC) to your fifth upline – the person that is four levels up in the unilevel system from the one that sponsored you
Gift around $2 USD in bitcoin (BTC) to your sixth upline – the person that is five levels up in the unilevel system from the one that sponsored you
Full payment of around $25 (also known as “going pro”) qualifies you as a Hits Monkey affiliate to receive gifting payments from your downline. This payment is received using the same payment structure as the one used to pay your upline affiliates. If you fail to pay your upline affiliates, all the gifting payments from the members that you personally recruited will be passed on.
What It Takes To Join Hits Monkey
It doesn’t cost anything to join Hits Monkey, but if you want to be eligible for the company’s compensation plan, you will have to pay $25 in bitcoin.
Is Hits Monkey Scam or Pyramid Scheme?
Like any other new MLM business opportunity, there will always be rumors about Hits Monkey being a scam. People will always mislead you so that they can sell you something else. So, is Hits Monkey legit or just a scam? It is hard to choose between yes and no, because there isn’t any real information to prove that the company is a scam.
This isn’t the type of business that can make you rich overnight. You need to work hard and have the right attitude. In addition, you need to do something about your marketing skills if you want to succeed in this business.
(I know no connection but I couldn’t help myself lol 🙂 )
One thing that makes this company competitive is the idea of free website traffic. Hits Monkey promises its affiliate increased website traffic on their websites for free; however this increased traffic is just other affiliates clicking on links that the business provides to them.
To be honest, the increased traffic has nothing to do with the MLM side of the business. In order for you to be eligible for Hits Monkey compensation plan, you must pay a fee of about $25 in bitcoin and gift at least six affiliates who are above you in the compensation plan. In general, cash gifting requires affiliate pay each other in order to earn something in return.
Like any other cash gifting scheme out there, Hits Monkey will only continue to succeed and open its doors as long as more and more people continue to join the business. If the company fails to recruit new people for a certain period of time, they may be forced to close their doors due to lack of funds to pay its affiliates and run the business. If this happens, all the existing affiliates plus the newly recruited affiliates will lose their heard earned money to people they don’t know.
Personally this is a no no for me and I would stay well clear.
I hope you enjoyed my Hits Monkey Review post. If you would like to know what company I fully endorse and actually presently endorse myself then read on….
So This Company Is A Dud And Not One Of Your Top Recommendations But What Do You Promote Manny?
So I fully recommend the opportunity that you can access below. I have gone right through the whole system with a fine tooth comb and think it is one of the better opportunities out there which is why I now personally endorse it.
I have been marketing it for just a short while and am already making thousands of dollars using it and I know that this works for absolute newbies as you will see if you click the image below.