Binary system?
By kenshin2143
@kenshin2143 (1880)
Philippines
4 responses
@venkataraman_vc (5293)
• Chennai, India
23 Dec 12
A network company that has binary system has few disadvantages.
1) We cannot predict how much the company has to pay out if someone joins new. (Means, if one person joins there may be only one person benefiting or there may be up to 8 persons benefiting. If the latter happens, the company has to pay more amount. This is not good for the company.)
2) Even if only one person is getting benefit at present, the company has to pay the amount later if others match it. In order to survive the situation these binary companies hike the price of a product by multifold. (Like, a product worth $1 may be priced $20.) Or if the price is on par with market, the quality will be much lower. That's why they try to have unique product.
3) Even after high pricing or low quality, many companies struggle to survive past 5 years. This is because more people will be working and almost all the money coming in would have to be paid out.
1 person likes this
@kenshin2143 (1880)
• Philippines
23 Dec 12
Thank you so much for this one. I think the company I am into can really price at their discretion for they develop their products and not just adapted it from other companies.
@venkataraman_vc (5293)
• Chennai, India
23 Dec 12
That's fine.
There are few companies that survive for more than 5 years (MonaVie) with Binary system. They have their own product and unique pay plan. And MonaVie has a monthly requirement of self purchase for every distributor, so they can manage I think.
@venkataraman_vc (5293)
• Chennai, India
23 Dec 12
Thanks for the Best Response. Wish you all the best.
PS: Your blog in your profile is not opening. I couldn't find what company you're now working.
1 person likes this

@fearlessgara (1113)
• Philippines
23 Dec 12
the binary system I joined requires big amount of money to join. I did joined but the target market or in my place and people I known cannot afford to invest such big amount of membership and secondly the product that they are selling is for health conscious people that can afford to buy such product and for ordinary people like me their main concern is to buy food to eat and their last priority is to take supplement for their health and beauty. I also got turned off between the leaders they manifest that they once became poor and through their hardworking and they lend money to be a member of the royal business club. They succeed and yes on the anniversary you will see most of them crying that you will be touched and be courage to follow their steps. and then later i FOUND that before joining royal they already been a member of other networking system. so meaning they are already stable when they joined Royal. How can you believe and follow leaders who are liar?How could you sell your product if you yourself don't have credibility right.at First when I was active and tried to encode my point which I earned from selling the products I was surprised that the points my up line have given me is already encoded. see, small amount they still stolen from us. how much more if its big amount? Where is their principle? My up line are money face.When I told him that my points which i collect is already encoded. He denied it he said maybe there is a problem with the company or the system. He think I am Idiot to believe him.So that's why I discourage from joining binary system.I also joined 2 more networking after that but didn't become active too because Most of them which I encountered They desire for money and forget to practice humility.
1 person likes this
@kenshin2143 (1880)
• Philippines
23 Dec 12
I myself is already a member of a newly established networking company. You have my sentiments fearless, that is why I am not interested in schemes that do not have any product at all, like those emerging so called online job now, the one with an online library and other related sites. (You might know who are them). Even if such sites do not have any binary system, most of the uplines here see prospects as cash rather than a fellow to create relationship and succeed together in business.
@tonyllenium (6251)
• Italy
23 Dec 12
i think binary option is like a gambling site so may be people saw it is just a big risk and not a real opportunity...in reality it is few professional than forex system but much more simple so in many cases you must bet if a product or good will be low or high price than the period you bought it!!In reality it can be seen as the main basis of red/black option on roulette in casino!!
@cobalt20 (1318)
• Philippines
23 Dec 12
I already encountered a binary networking system. It was my second networking after I gave up DXN or DAXEN. It was Kingdnarmsa was my second and binary networking. The company now is back original business but not networking. So, I am now giving up in networking instead make money online.
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