Pluggle Review – Legit Business Opportunity or Just Another Scam?
Welcome to my Pluggle Review!
There has been some online buzz recently about this company, so I decided to check it out and see what it’s all about for myself.
Due to new MLM companies starting up on a daily basis, it is critical to ensure you thoroughly research any new company you are considering to join.
Research is a great way to ensure you are putting your money into the right company.
This blog will provide you with all the information you need to know about the company, their products, and the compensation plan they offer.
Let’s dig in, shall we?
Pluggle Review – The Company
This company provides little to no information on their website about who the owner of the company is or who operates it.
A little research revealed that the Pluggle website domain “pluggle.com.ph” was registered on the 6th day of April, 2017.
The owner is identified as Alexis Palma, with an address in Quezon City, Philippines.
I couldn’t find any further information on Palma, which may be due to language-barriers.
Online traffic estimates show that 69% of the traffic to the company’s website comes from the Philippines.
The Philippines domain choice also suggests that the company is running from, and mostly marketed within, the Philippines.
Pluggle Reviews – The Products
Pluggle does not offer any retail products or services.
Affiliates can only market the company affiliate membership itself.
The Pluggle Compensation Plan
The company’s affiliates are required to pay a ₱1000 PHP ($19.80 USD) joining fee and are paid when they sponsor others who also invest.
Sign Up Bonus
Affiliates earn ₱100 PHP ($2 USD) simply by joining the company.
The affiliate will then get ₱100 PHP ($2 USD) for each new affiliate they personally sponsor.
Pluggle affiliates also earn ₱100 PHP ($2 USD) each time they login on a daily basis for 12 days (paid once per day).
These affiliates also get ₱100 PHP ($2 USD) when the downline affiliates login (again for twelve days), compensated down 2 levels of sponsorship:
- ₱60 PHP ($1.20 USD) given when a personally sponsored affiliate logs in and
- ₱40 PHP (80 cents USD) when their personally sponsored affiliates log in (level 2)
Note: the Login Bonus is limited at ₱1300 PHP ($25.70 USD).
Residual Recruitment Commissions
Pluggle pays out residual recruitment commissions through a binary compensation structure.
A binary compensation structure puts an affiliate at the very top of a binary team, dividing into 2 sides (left and right):
The 1st level of the binary team holds 2 positions and the 2nd level is made by dividing these first 2 positions into a further 2 positions each (4 positions).
Additional binary team levels are created as needed, with every new level holding two times the amount of positions as the level before it.
These positions in the binary team are filled through a direct and indirect sponsorship of affiliates.
Keep in mind that there are no limitations on how far a binary team can develop.
Commissions are given according to pairing of newly sponsored affiliates using a 1:1 ratio (1 counted from either side of the binary team).
The company’s affiliates will get ₱100 PHP ($2 USD) per paired sponsored affiliates, limited at ₱3000 PHP ($59.30 USD) per day.
A bonus of ₱400 PHP ($7.90 USD) is also given out on the 1st pair paid out on every level of the binary team over the 1st ten levels.
Cost To Join Pluggle
The cost to join Pluggle as an affiliate is ₱1000 PHP ($19.80 USD)
The company only takes bitcoin as a payment method for affiliate membership fees.
Verdict on Pluggle
With no real products or services to offer, this company has no way to continually bring in new income other than recruiting new affiliates…
But what happens when the initial hype dies down and recruitment numbers drop off?
Commissions will also decrease and affiliates will start losing money as their investments remain the same, but the ROI drops…
So, if you are thinking of joining this company, keep this in mind…
I hope you enjoyed my Pluggle review and if you have any questions, please leave them in the comments below…
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