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Monday 24 September 2012

My Right Advertisement Limited : Company Analysis



Company Name:   My Right Advertisement Limited (Macau)


Company website:          http://www.myrightad.com



The respective MLM Company is registered in Macau, Hong Kong, China. Some of the details available on the site are as given:-

“myrightad.com is a targeted advertising portal that simultaneously offers its members the unique opportunity of networking thereby not just enhancing their income potential but also at the same time encouraging better awareness regarding the products advertised herein.”


“myrightad.com is a business endeavor that aims to present targeted advertising in a much more comprehensive and profitable manner for both the advertisers as well as the audience.”

“Moreover, our members not only get to have the benefits of being a part of a world class targeted advertising portal but get an un-equivalent opportunity of being able to pursue network marketing.”

Compensation Plan
“MyRightAd.com ensures that each member attains a multitude of income generation channels with unforeseen accessibility and inimitable efficiency. For this reason we bring to the ambit of our members a Compensation Success Plan that purveys four distinct yet bracketed forms of incomes. And as always it all begins with a small step.”

Membership
“Membership is begotten by the purchase of an AdStation for an amount of $100. The AdStation is called Main AdStation and the validity period of Main AdStation is for 44 weeks i.e. from the placement date of Main AdStation will remains active for 44 weeks, with each weeks’ average income being $6. This weekly income of $6 is not stagnant as would be revealed further.”

“Each Additional AdStation will cost $100, an amount that remains constant irrespective of the scenario. The validity period of an Additional AdStation is for 44 weeks.”

“Earning      $6 for 1 AdStation
Earning       $14 for 2 AdStation
Earning       $24 for 3 AdStation
Earning       $36 for 4 AdStation
Earning       $50 for 5 AdStation”

Referral Earning
“As and when a Member refers another Member for taking Main AdStation or an Additional AdStation under his own sponsor id, the sponsor receives $10 as Referral AdStation Income. This process continues so on and so forth.”

Binary Earnings 1:1
“To qualify for the Binary Earnings it is mandatory for the Member to refer/sponsor minimum two members for Main AdStation under his/her own Member ID i.e. one member Main AdStation at Left Hand Side (LHS) and second one at Right Hand Side (RHS).”

Note:
“The power side of the Members AdStation will be carry forward for the next day and the daily capping of earning is $1000.”

Company Address:
My Right Advertisement Limited
Level 20, AIA Tower,
251-301, Avonida Commercial De Macau,
Macau,
Hong Kong.





My Opinion

All the above matter is directly taken from the company website. Now let us see what it means. Following views have emerged from the above mentioned facts:-

The company is almost 4 months old, as per the site which was created on 25th of May, 2012. The company has been launched from Tax-Heaven region, with little or no control of Indian Government. The Company management has tried to explain his views and vision about this MLM Business Plan.

The Business plan is of Binary Nature following 1:1 ratio. The company is promoting itself as advertising portal and giving ads to its member to view and validate the process by filling certain specific codes. The members would get ads for 44 weeks. Logos and names of various companies are given on its site and it is presumed these companies are placing their advertisement on myrightad.com portal.

Hope whole process is systematic and genuine, we don’t need again a story like “speakasia”.

The Management of the company is technically prepared and is not facing any competition in its MLM marketing domain. The whole plan is at present running only in India.

The payment is through Liberty Reserve” and a list of Liberty Reserve distributors according to different country is presented on its site. The Management of the company is how much prepared and for how long is not known.

The Business Plan is simple, easy to understand and explain.



My Conclusion

So far, in this turbulent market after the crash of so many similar types of MLM Companies this Business Plan is showing enough easy money, those who are prepared to work sincerely should understand the risk involved. Neither the main promoter nor the Directors of the company are on the website and in open.

Let me make it clear so far, I am not in any way involved with the company.





NOTE: This opinion is very personal in thought, it should not be quoted, propagated, understood or misunderstood as an ultimate doctrine regarding the above mentioned company. 

1 comments:

  1. do you think the company will stop nw our it just they fix there system

    ReplyDelete

 
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