Is Vantel pearls a pyramid scheme or a scam?
So, what is Vantel Pearls? For a Vantel Pearls Review to be useful, one needs to know what the does the company do, how they sell their products and what is their target audience
Vantel Pearl’s main business point is that they sell pearls to their customers. For 49$, if you get the Heart Cage Peal Discovery kit, you get a kit from which you can get your pearl. Once you get the kit, it is as easy, as opening a can, as you get a knife and an oyster. You simply open the oyster with the knife provided, and inside you will find your long-awaited pearl. They promise a unique pearl in every oyster, so theoretically you shouldn’t have a situation where you do not receive the pearl. This, however, is not their only product. Along with oysters and their pearls, they also sell a bulk of other items and jewelry, like bracelets, charms, necklaces, anklets, earrings and many more.
The problem, however, does not come from the products itself, as they do indeed offer the products they describe, it is their business practices. To incentivize and basically get new people to buy their products, they offer active advertisers and people, who want to make money, an affiliate program. If you don’t know what that means, it means, that for every purchase a person makes with the affiliates link, code or any other way of identifying that the buyer is buying because of the affiliate, the affiliate gets a commission from the sale. So, in the end, the affiliate gets some money, the buyer receives his product and the supplier gets his sale.
Affiliate programs are great, you give people a way to earn some money while helping you, a win-win situation. The situation changes, however, if you start introducing ranks, membership fees and obligations that the affiliates must fulfill. For example, while Amazon.com affiliates might have ranks within the affiliates to get a higher percentage of the sale, they do not have any membership fees or obligations to fill. This allows for anyone to try to make a sale, without trying to brainwash other people, because of obligations or the need to make “parties” to sell the product. I’m sure almost everyone suddenly has had a random call, from a person they know, but have not talked to in over a year, inviting to a conference or seminar to talk about money making of sorts. When you go to the conference, they all say the same rehearsed lines to get you to buy the product from them and join them to do the same thing, by promising “you can earn up to 1000$ if you just buy this 50$ starter kit from me”. Now, if it seems too good to be true, it probably is, and this kind of marketing is what most people call a “pyramid scheme”. The profits of affiliates depend on the profits of other affiliates that they recruited. This in turn allows for the recruiters to rise in rank in their system and get rewards. A good incentive to work, but how ethical it is, is up for debate.
The problem with this method, that you essentially, have to brainwash new people or rather ‘’recruit’’ new people on a regular basis, which to be fair, is a bit harder than one might expect, as the membership fee is a sum of 99$, but with no additional costs. And when you start out, the commission you get, is a flat rate of 25% of every product you sell. If you rise through the ranks, you can get even up to 41%.
Another important thing you must remember, when participating in these kind of business models, is that they require a lot of direct, face-to-face sales. Also, as aforementioned, they require you to host at least 3, so called ‘’parties’’ in which you make sales and recruit new people, in the first 35 days of you being an affiliate.
Whether Vantel Pearls is a scam is not up for debate in this case. A scam implies that you pay money for a product which you order, yet do not receive, or receive something completely different and inferior. This Vantel Pearls review is more about their business model rather than their legitimacy.
The business model of Vantel Pearls is clear, and is seen everywhere. It is a pyramid scheme in its fullest. The whole concept of it is, that you “feed” off the people that are under you. You see these kind of business models everywhere, with different products. Be it knives, skin products or even food, it is everywhere, because the notion of the ability to earn a big sum of money is tempting for a lot of people. What this model allows, is that if you are successful, you essentially have an autopilot stream of money, as the affiliates buy the products from you. But to do this, you must ‘’brainwash’’ people. After a while, you start seeing everyone as a potential recruit, and as such offer the products to everyone. There are numerous stories, how people start seeing their friends and relatives as potential customers or even ”suckers’’, and annoy them to the point where friendships are broken and contacts are deleted, because at that point, the person seems more of a selling robot, than a person.
Knowing is half the battle. The jewelry industry is one of the biggest and popular ones in the world, because people like beautiful, shiny, elegant things. If you look around other stores, online retailers and sites like Ebay and Amazon, you can see that they sell pearls in oysters and similar other products that Vantel Pearls offer for even 1/6 the price. They put strong emphasis on hosting parties to sell their products, rather than other means of selling. Which is not unique, but it is easy to see, that this might intrigue people better, as you instantly can get the oyster and open it, getting your pearl. While not a scam, the business model is a claer pyramid scheme, but with its own special tweaks. Whether or not to participate in it, is to each owns choice.