Recently a business called “My Dot Com Business” has been claiming that their software can make you rich. But is it true? Read this My Dot Com Business Review to find out.
My Dot Com Business franchise
My Dot Com Business (#MDCB) is an online marketing software system and Multi-Level Marketing business operated by Paul Lynch from the UK.
Paul Lynch claims to have made more than $10m in revenue in the last few years using his proprietary My Dot Com Business (#MDCB) online business system, which he developed himself. He now offers Franchise Memberships of his system for $3000, or Pro Memberships for $77.
Welcome To My Dot Com Business Disclaimer: This is not a ‘get-rich-quick’ scheme, MLM, pyramid or Ponzi Scheme. This is a genuine business franchise that takes time, investment, work and dedication.
The key attraction to bring in new Franchise members is what is called the Viral Money Effect, which comes from the Multi-Level Sales so that new Franchise Members continually subscribe and make money from commissions for more new members which they introduce to the downline of their own business.
There are more than 500 Franchise Members of the business at the moment and many thousands of Pro Members of My Dot Com Business (#MDCB).
Pro Members can also make commissions from sales which they make, but at a much lower level than Franchise Members.
Franchise Members can make considerable commissions from sales made by their own Pro members, as well as their own sales funnel.
Franchise Members receive a duplicate of the My Dot Com Business (#MDCB) Website branded to their own chosen company name and personal profile. Initially, this new franchise website is protected within a ´custom wrapper´ from the My Dot Com Business (#MDCB) franchise.
Franchise Members are allowed to price some of the products which they sell on behalf of My Dot Com Business (#MDCB) themselves, so it enables them to make attractive offers to be made as a Lead Magnet for their sales funnels.
Paul Lynch promised to send FREE traffic to new My Dot Com Business (#MDCB) franchisees to enable them to get started and he promises to get them, 30 new members, to kick-start their business from this free traffic. This is a big incentive regarding an MLM business because it generates some cash flow from the outset.
What Does My Dot Com Business (#MDCB) Do?
My Dot Com Business (#MDCB) advertises software products for sale at reasonable prices, and in some cases free, for example:
- Insta Tsunami (free)
- One Penny Per Visitor (free)
- EasySketch Pro Software (various)
- Sales Funnel Boot Camp (various)
- Traffic Hacks (various)
- AutoEmulate Live (various)
- Tsunami (various)
Franchise Members can, in fact, vary the price of the software to suit themselves.
You can join My Dot Com Business (#MDCB) as a PRO Member for a one-off payment of $77.
Alternatively, you can join My Dot Com Business (#MDCB) as a Franchise Member for a one-off payment of $3000.
All New Franchise Members of My Dot Com Business (#MDCB) are encouraged to follow the established business and sales system exactly because it works, and they are also encouraged to use the existing sales promotion videos which have been prepared by Paul Lynch, again because they work.
Any New Franchise Members of My Dot Com Business (#MDCB) are also encouraged to create their own YouTube channel and to make their own videos of the products available from the franchise and to post them on YouTube, so as to create a following and to create engagement with their own new prospective new online customers, which will be their own downline customers.
All Franchise Members of My Dot Com Business (#MDCB) are also required to join the My Dot Com Business (#MDCB) Facebook Group so they can communicate with other Pro and Franchise members and the Headquarters team.
If you decide to sign up to the My Dot Com Business (#MDCB) franchise, then you will need to link it to an AutoResponder and email service provider of your choice, such as AWeber, GetResponse, MailChimp or SendLane. The choice is yours but it is suggested that AWeber may be preferable.
Any new Franchisee is provided guidance on how to obtain traffic from Solo Ads, which must be bought from a database of possible suppliers of email list contacts, and step by step guidance is given on how to use this by the My Dot Com Business (#MDCB) franchise Headquarters team, and in the training videos.
What Are The Drawbacks of My Dot Com Business (#MDCB)?
My Dot Com Business (#MDCB) is essentially a Multi-Level Marketing business, so if you are not prepared to apply yourself to energetically promoting your own business and sales then it may not be for you.
It is suggested that 80 -100 hours are needed every week to get their own My Dot Com Business (#MDCB) Franchise started and established. This should be looked on as an investment in the success of the business, so is not necessarily a drawback, unless you do not have that sort of time available, and can’t make the required commitment of time and effort.
Is It Worth Participating in My Dot Com Business (#MDCB)?
Some of the franchise members do make very good sales, so it is clear that the system established by Paul Lynch does work and money can be made, in some cases large amounts of the commission have been paid to some franchisees. What it requires is for members of My Dot Com Business (#MDCB) Pro and Franchise levels to apply themselves energetically to selling the My Dot Com Business (#MDCB) products.
Is Training Provided with My Dot Com Business (#MDCB) Pro and Franchise Membership?
There is comprehensive training provided for My Dot Com Business (#MDCB) Pro and Franchise Members through a series of videos which are provided to all subscribers. Progress on training is monitored from the My Dot Com Business (#MDCB) Headquarters so that if subscribers do not complete training, they are reminded to do so via email.
What About Technical Support With My Dot Com Business (#MDCB)?
There is full technical support available to subscribers from the My Dot Com Business (#MDCB) headquarters, via a prioritized support ticket system.
My Dot Com Business Review Conclusion And Recommendation
Keyword Expansion has tried out the business system of My Dot Com Business (#MDCB), before writing this My Dot Com Business Review and it does appear to be successful at every level, depending upon the effort which Pro and Franchise Members apply to make sales. It is a business solely driven by sales and the promise of big commissions for new members, as you would expect from an MLM system. We notice that MDCB claims not to be an MLM system.
If you are interested in this type of business make sure to get a clear statement from the MDCB about this issue, before committing any money.
There is a lot of Facebook communication from the My Dot Com Business (#MDCB) Headquarters in the UK, and the encouragement of members to be active and engage with new members via Facebook. There are daily Live Facebook videos and transmissions from many of the My Dot Com Business (#MDCB) team.
We have looked at many MLM type marketing schemes some of which have been reviewed by Keyword Expansion. Of the available systems in the marketplace, we think that the franchise from My Dot Com Business (#MDCB) is not one we would recommend, from our own experience.