Business Name: Quick Rev Share
Website Address: www.quickrevshare.com
Business Owner: Unavailable
Overall Rank: 30 out of 100 points
Quick Rev Share Scam Review – Introduction:
Quick Rev Share is a new company that was launched in December 2015. It is very similar to other companies that are already in the market like My Paying Ads, HQ Rev Share, My Advertising Pays etc.
Another thing is they started without adding PayPal as a payment processor. This is due to seeing other similar companies that got their accounts restricted by PayPal. PayPal approval definitely adds more legitimacy to the site.
This is basically an advertising company where people can promote their site to the members of this site. It has taken a good start and more than 6500 people have joined it and have purchased more than $1.2 million worth of ads.
With this advertising packages they are also providing revenue sharing opportunity to the members who have purchased ads. Let’s put it differently, if a member has purchased advertising pack then how would not only get traffic but also entitle to participate in the company’s revenue share.
How to Earn Money from Quick Rev Share?
The whole process is divided into three phases.
In first phase a member must pay $10 monthly membership fee and this will entitle them to purchase ad packs. If a member don’t pay for this then he/she cannot purchase packs.
If a member could not able to pay its subsequent fee then he/she will lose access to referral commission and would not able to purchase any further packs but already packs will continue to earn until it reach their maturity amount.
In phase 2, members are allowed to purchase different ad packs. There are six ad packs type. Let’s suppose a member has purchased tier one ad pack of $3. This will entitle him/her 10 website ad credits, 50 Banner Ad Credits, 50 Text ad Credits. This tier ad pack will return 120% ROI. It means when it reaches $3.6 then it get expired.
Please note that there is no fix time when will these ads reach their maturity level. It all depends on earning of Quick Rev Share. See the image below to understand the different ad packs tiers level and other things that are included in the package.
This phase is optional for people and if thye refer people then this will entitale them 15% referral commission. Quick Rev Share pays up to 6th level and this 15% is bifurcated is as follows. Let’s see levels and commission rate: 7%, 3%, 2%, 1%, 1%, and 1%.
Things I Liked:
Some Earning Potential
To be honest, there are something for members to earn money but it is not from company’s real business but a shuffling of investment from one person to another. They do however claim that it is not investment but purchasing of advertising and we don’t give any guarantee for providing such earning opportunity and this is just an additional option for members.
This may be right but let’s suppose if they don’t continue to offer this revenue sharing opportunity then how many people are looking foe such advertising. Definitely not many, but definitely an earning opportunity for some people especially for people who joined very early. Because most of such companies at start pay well but as soon as the cash flow problem start to arise then they have no option but to say “Goodbye”.
They do have a Facebook group and motivate people to join this. It is very new and difficult to tell how much activity is going on and how much a member’s queries will be handled. Nevertheless, a good initiative from admin to guide members of their site.
Things I Don’t Liked:
Unsustainable Business Model
I have reviewed lot of similar companies in the past and there are good numbers who have been scammed. The reason is very obvious that they are purely an unsustainable business model. As long as new people are joining and making investment then the system is growing well but when it could not happen for any reason then……you know better my friend.
These type of sites have been for a long time trick people and they have not yet discovered a way to sustain this model. Just come one after another and using same scripts.
PayPal increase creditability of any site but it is very common that they block their funds quite often. It had happened with many sites in the past and taking a proactive approach they add other payment processors. Maybe they have plan to add in future but no information yet available.
Is Quick Rev Share a Scam or Legit? My conclusion:
At the time of writing this review, it is paying to its members so not a scam now but it is highly expected that this will turn into scam because of unsustainability. My sincere advice would be to stay away from this site.
Moreover, in the past such sites don’t require compulsory membership fee but now it is. The purpose is obvious, to make system sustainable.
If you are looking for healthy and sustainable online business then please see my #1 recommendation.
Hi Everyone! Its great to talk with you, and I hope you enjoyed this post. My name is Yasir and I’m the owner of Online Earning Mentor. I started my first online business in 2014 from this site and now I help newbies to start their own businesses. Sign up for my #1 recommended training program and learn how to start your business for FREE!