BizKniz Review – Legit Company or Big Scam? Find Out Here!
Welcome to my BizKniz Review!
Whether you have already heard the buzz about this company or this is the first time you’ve seen their name, you are probably here because you want to know more, right?
With so many new companies popping up every day, it can be overwhelming trying to choose just one!
In my review, I will help you make that decision by providing you with the info you need about this company’s history, their products, compensation plan, and cost to join, in addition to my own verdict.
BizKniz Review – The Company
As with so many others, the BizKniz website does not offer any information about who owns or operates the business.
The BizKniz website domain was registered as “bizkniz.com” for the first time in 2013 and was most recently updated in July 2018.
The company’s website domain is registered as private and does not provide information on its owner.
BizKniz Reviews – The Products
BizKniz does not have any retail services or products to purchase or sell.
This means that affiliates who sign up can only market and sell the affiliate membership.
I did notice that a BizKniz affiliate membership comes with access to advertising credits, which affiliates can use to put up advertisements to target other BizKniz affiliates.
The BizKniz Compensation Plan
BizKniz affiliates who want to participate in the compensation plan must pay $3.99 for AdPacks.
Once this payment is made, the affiliate then qualifies to earn a 30% direct commission on AdPacks bought by personally sponsored affiliates.
BizKniz affiliates who choose a free membership and don’t purchase an AdPack can earn a 10% direct commission.
Affiliates can earn residual commissions on AdPack purchases through a 3×12 matrix.
A 3×12 matrix puts a BizKniz affiliate at the top of a matrix that has 3 positions right under them on level one.
These first 3 positions make up the 1st level of the matrix and the 2nd level is created by dividing these first 3 positions into another 3 positions each, for a total of 9 positions.
Levels 3 to 12 of the matrix are created the same way, with every new level holding three times as many positions as the level above it.
Matrix positions are filled through direct and indirect sponsorship of BizKniz affiliates.
Residual commissions are earned on AdPacks bought by sponsored affiliates who are put into the matrix.
- AdPack purchases on level 1 = 40 cents
- AdPack purchases on levels 2 to 12 = 20 cents
Cost to Join BizKniz
The cost to join BizKniz as affiliate is free, but free affiliates can’t take part in the attached MLM opportunity.
In order to participate in the MLM opportunity, affiliates must continuously purchase $3.99 AdPacks.
- Purchase 1 AdPack and qualify for MLM commissions for one month
- Purchase 3 AdPacks and qualify for MLM commissions for three months
- Purchase 5 AdPacks and qualify for MLM commissions for six months
- Purchase 9 AdPacks and qualify for MLM commissions for twelve months
Verdict on BizKniz
Okay, so now we know more about the company and its compensation plan, let’s take a look at what we have here…
It seems obvious enough that there is a pyramid setup going on…
Once you sign up and pay your fee, you can earn money to bring other affiliates in who also pay the fee.
So, new affiliate investment is paying out existing affiliate commissions.
And as with all the other pyramid setups that came before, once new affiliates stop signing up (and this always happens), commissions will stop being paid and the company will collapse.
My advice here is to maybe hold on to your investment for another day…
Thanks for reading my BizKniz review! Feel free to leave a comment or question down below…
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