Gold is at it’s highest in value when it comes to collecting and buying precious metals. Every few minutes Karatbars International is buzzing on the web about these mint sealed and authentic Gold cards which hold 1 piece of pure gold.
Not sure if you have seen these laminated cards but we aren’t too impressed with them and especially how much it costs to get them.
In this Karatbars International Review Exposed post today we are going to share with you some helpful information that will help you in your decision as if Karatbars is for you or not. Â Read more…!
Disclaimer: The information in this post is for generic purposes and can be applied to any type of network marketing or MLM business opportunity. Â The responses we have stated here are entirely based on our collective industry experience and credibility with the internet marketing and network marketing industries. Â Keep in mind that we are in no way affiliated with the Karatbars International company and if you would like to purchase products or become a sales distributor with Karatbars International, we recommend for you to follow up with the person who introduced you to Karatbars.
There is a buzz going on the web about the network marketing company Karatbars International and its goal to change the world by exchanging cash for Gold. Â Well we all know Gold don’t grow on trees but this company has it’s pros and con so let’s get right into it without any hype or fluff like other reviews.
Karatbars International Review | The Story of Karatbars International
Image Credit: Harald Seiz, KaratbarsInternational.com
In 2011 a guy by the name of Harald Seiz launched a company that sells Gold bullion to the general public.
The company is located and headquartered in a place called Stuttgart Germany in Europe. They have been in business internationally for only 3 years and currently doing business in over 70 countries.
This company is fairly young and therefore we wanted to check their rating and legitimacy with the Better Business Bureau and the owners background.
A few red flag warnings have come up that you should look more into that we have discovered:
1. KB Gold and Karatbars International are both in Germany as the same company with different names have detached themselves from the old KB Gold Logo.
2. The owner and founder Harald Seiz profile on the company website says he is credible but as I tried to verify his credibility it’s very vague public information.
3. You can become an affiliate of Karatbars International for free, but the percentage earned in commissions is very low with such a Binary Compensation Plan.
4. They make very high income claims of earning but there is no income disclaimer present on their website as they are claiming to be a E-Commerce site.
This is very mysterious and needs further investigation.
I get curious when I look at the corporate site as to who the heck put it together? Their team…really? Then why is it so incomplete and why don’t they have a shopping cart for such an E-Commerce site. Someone clearly needs to revamp this website and make it more professional it’s a big turn off being incomplete with all these red flags and warnings. Your taking a huge risk with something like this and therefore should research much more deeper.
Karatbars International Review | What Are The Karatbars Products?
Image Credit: KaratbarsInternational.com
Basically what you are paying for is a Gold Prepaid MasterCard was awarded the “Design of the year” by MasterCard themselves.
Enroll by creating a free Karatbars Account and then decide which position or level you like to invest your own money to trade for Gold.
Pure 999.9 (24ct) fine Gold Bullion Bar
Embossed authenticity stamp
Certified Gold quality and weight description
LBMA Certifcation
Embossed Serial Number
Security Hologram
The company is trying to get local business owners to accept these Gold Bullion Bar cards as payment forms.
Depending on which position level you decide to get started or upgrade to is as follows:
Bronze Digital will cost you $135
Silver will cost you $400
Gold will cost you $800
VIP will cost you $2,100
Okay, that seems reasonable granted that you are going to learn how to take this money of your and do a switch for a tiny piece size of Gold embossed into a plastic card. Um..yeah Okay.
Here is how the commissions works and there are 7 ways to get paid.
1. Direct commissions
2. Unilevel Bonus – Bonus you earn from your directs
3. Generation Bonus – Override bonus from your team.
4. Package Bonus – 5% to 20% of people you sponsor.
5. Dual Team Bonus – Matching units.
6. Karatbars Pool- Sharing of profits.
7. Karatbars Gold Fund – You’re given GOLD.
Bronze pays 5% direct for people you sponsor
Silver pays 10% direct for people you sponsor
Gold pays 15% direct for people you sponsor
VIP pays 20% direct for people you sponsor
Now the goal for you as a associate is to move your cash into Gold about $65 per week following these two simple steps.
#1 Enroll > Purchase package > then purchase 1 Gram
per week for 12 weeks.
#2 Team up with 2 new affiliate members that will
repeat steps 1 & 2 through duplication.
Let’s say potentially if your going to start with the
Bronze Package ($135):
Week 1 = $13
Week 2 = $0
Week 3 = $0
Week 4 = $26
Week 5 = $39
Week 6 = $65 (Perpetual Free Gold)
Week 7 = $143
Week 8 = $286
Week 9 = $546
Week 10 = $1,131
Week 11 = $2,223
Week 12 = $4,485
Now that means that you have the potential to earn in 12 weeks over $8,957 all from just the entry of $135 for the Bronze Digital package and you have on hand 12 grams of Gold.
Silver Package ($400) = Potential to earn $34,177 in
12 weeks.
Gold Package ($800) = Potential to earn $51,490 in 12
weeks.
VIP Package ($2,100) = Potential to earn $68,853 in
12 weeks.
Disclaimer: Again we aren’t saying these numbers are exactly what you will make and results depend on your work ethic, positioning and based on signing up 2X2X2…Â associates at the level of participation to duplicate the results.
Is Karatbars International An Affiliate or MLM Company?
Karatbars has a dual system and doesn’t claim to be a MLM binary compensation plan by it’s representatives yet I have the proof that it is a Binary Comp Plan. The business package includes your Gold cards and other sellers materials plus affiliates of the company don’t have to pay for website fees. The affiliate will make commission off of selling but it’s highly recommended to market and get sign ups to join the program.
It’s really contradictory isn’t it? First the company says you don’t need to recruit yet in order to earn a 6-Figure income and beyond you are encouraged to duplicate yourself and find two who gets two. You know what’s even more very interesting? Where is it on the website or page that states who these top income earners who are earning thousands and doing so well with the opportunity recognition hall of fame at?
Something to think about you know and look deeper into. So in other words the message being taught is to trade your fiat currency into Gold bullion and basically save money by moving your own money.
Karatbars International Review | Serious Issues With Outdated Training Methods
While we reviewed the Karatbars International Compensation plan we learned that if your not going to sponsor any new affiliates then your not going to earn the high commissions that is being proposed in their presentations. It can be very difficult to market this type of product to the market considering the fact that Karatbars International is a new private distributor of Gold Bullion.
In order to be successful with this opportunity you will have to learn how to target the right type of people that are qualified to be customers for your Karatbars International business. Click the image below to learn more about how you can stop chasing friends and family and truly build a successful online business by generating your own leads with our 2 proven strategies!
We trust you enjoyed and learned a lot from this Karatbars International Review and if your in or have heard of Karatbars just share with us your thoughts or experience with doing business with Karatbars.
Anastacia Hauldridge and Rich Guzman
Dwayne Wayne says
May 26, 2015 at 8:14 PMThere are many high income earners with the company, but the most important item is payment for your efforts. Karatbars is the best in that category. What I dislike is people attacking companies like Karatbars with a great product and structure because it’s an alternative way of earning income. Sure, if you’re not good salesman and don’t know your “WHY”, you won’t do good in this company. No-one distributes money with no effort. Affiliate programs and MLM require the right kind of effort and knowledge. These companies are not jobs with standard factory task you preform to collect a pay check. People with a paycheck mentality will struggle, however an individual with a entrepreneur perspective who understands the means and methods by which any company sells products or services will excel. Many on my team including myself do well. With Karatbars’ various payouts options you cannot purely consider it an MLM. The dual payout system, which is highly criticized as binary was designed to payout units all-the way to the top. This is to increase your teams output for a chance to have a residual income. When someone develops a level of volume everyone will benefit financially and from strategy. Information is openly exchanged in the company, because supervisors benefit from your efforts. With the units being transferred up the line, it eliminates the competitive need to smother newcomers. Most senior partners operate as supporters and aren’t solely focused on recruiting. They are on-call 24/7 to give tips and information. Most of the senior partners recruit for newcomers as well. In my opinion that’s an ideal business scenario considering the people in this organization help one another. Everyone gets the same units as their transfered-up. Gold which happens to be our product, “the best gold in the world” is a perfect product fit. For those who struggle with this concept, some people understand the difference between various purities and certifications attached to gold; All gold is not the same. We have the best. All these things considered, karatbars a great company. if this interest you go here, http://www.protectsaveandearn.info
Marcus Bostic says
November 18, 2015 at 8:19 AMI think some of your information is very out of date as well as completely wrong. The compensation plan is amazing, best I have ever seen in this type of business. It is also typical, in a company where EVERYONE’S success is the goal, that the “top earners” are no broadcast across the website. It is all about the TEAM, not about the money. We aren’t talking about makeup or “power bars”, we are talking about GOLD. The idea of the company is to make GOLD affordable to the masses and available to as many people as possible. No longer do you have to spend thousands of dollars to gain access to the greatest commodity of all time. If you can make a little cash flow along the way, GREAT! When you are looking at the company as some “cash cow”, you won’t find it appealing because you have to work for it as well as work with others to get where YOU want to be.
Harold says
July 5, 2016 at 2:45 PMThis was an interesting read, I won’t say it will affect my decision to join karatbars as I am already an affiliate and seeing tremendous benefits way beyond my initial expections in less than 3 months. I live in The Bahamas by the way and no I’m not from Germany. Karatbars is a wonderful way to help educate people on their finances and ultimately help persons to acquire gold who otherwise couldn’t afford it. Karatbars changing many lives here in The Bahamas.
Jacquan Clark says
October 9, 2017 at 1:22 PMhttp://harald-seiz.de/#!/en
here is information on Harald Seiz. Please update this article as Karatbars has exponentially improved from 3 years ago.