Anyone heard of eCosway?

bubblejenuk

Recently, a friend mentioned this business opportunity - very popular in the Far East, whereby we sign up (pay an admin fee of £60) and buy some products i.e. beauty products (although there are other household items) to join this eCosway club. Whenever we've joined we will need to network and introduce more ppl to it. For everyone person I introduce (ie when they've paid to join & buy some products) I will get ££ for it and so on and on. V similar to AVON except we get ££ for introducing ppl. They have also opened up shops in England (as a franchise) and are looking for members to run the shop and eCosway will pay the rent, stock etc i.e. no initial set up costs & no franchise fee. This all sounds good but has anyone gone through with it to recommend it? Looking forward to your feedback.

jhp

Yes it is a Malaysian Pyramid Selling type of company

http://www.ecosway.com/ukstore/uk/ProductsMain_uk.jsp

[FONT=Verdana, Arial, Helvetica, sans-serif]There appears to be two ways you make retail profit. The first way is to buy from them at a discounted wholesale price and then sell to your customers at the maximum retail price (MRP). On top of this instant profit, you also receive Extra Retail Profit each month from eCosway based on your volume. [/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]But the real money is made when you recruit other Independent eCosway Business Owners for them, their sales count toward your qualifying volume (giving you higher Extra Retail Profit on your own sales) and entitle you to receive bonuses and incentives from their sales activity. [/FONT]

Mupette

I thought Pyramid schemes were banned in this country now, or i might have that wrong..

Have seen a friend sucked into such things and see nothing for it...