FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

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Originally Posted by justlogicnohate

I will leave you with this.


http://www.youtube.com/watch?v=FFC4c-0HNfE

The rest is on youtube

What FlexKom is a customer loyalty service. We have over 4 million customers in Turkey inside of a 2 years. last month we added 200,000 customers so we are doing quite well.

JustlogicNOhate

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...what? So you think it is a done deal? You are right and this is the video so our questions are not going to be answered? :pulling_hair_out:

Am I right that customers will get a card (or app) from ALL participating retailers within there area and so will have multiple cards in there purses and/or mobile phones?

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Originally Posted by HARRISON

...what? So you think it is a done deal? You are right and this is the video so our questions are not going to be answered? :pulling_hair_out:

Am I right that customers will get a card (or app) from ALL participating retailers within there area and so will have multiple cards in there purses and/or mobile phones?

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Harrison WTF! Wake up. ONE CARD ONE SYSTEM ACROSS THE PLANET.

http://youtu.be/CbFCdU089Js

http://youtu.be/8rNWn42suQY

I use the same auto mechanic because his shop has reasonable prices, up to date certifications, and proven past history of excellent and on time work.
my wife knows and likes her hair dresser and would not change or drive somewhere else to save 5 or 10%.
We know and trust the vet and his partners and would not dream of changing.

Most people would not change, drive or go elsewhere to save 5 or 10%.

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Originally Posted by HARRISON

Thank you for that clear explanation.

So, YOU have paid $2200 for a franchise. You have then sold to your SIX retailers (who are within your quota of 100,000 customers) at $500 a pop.
Thats $3000 for you? Nice little earner! No wonder your fighting so hard on here to defend your cash cow.

Your figures through assume that ALL 1000 people will buy the SAME amount of products. Over and over. They don't. Not on a regular basis. My old purse is stuffed with old plastic that never sees the light of day. I have a Morrisons petrol card (that I annoyingly ALWAYS leave at home when I'm buying petrol from them!) A nectar card that I used to use all the time and then moved (so the stores in my new area don't have shops that take it) I only use my Tesco clubcard now that gives me lots of loyalty points on my shopping and my petrol so why would I shop somewhere else? And ditto with my CO-OP divi card.

But your last word is really telling. You have used this forum as a sales tool so that you can show OTHER people that YOU know what your talking about and we don't? Even through we have simply asked you questions that you have been (mostly) unwilling to answer?

You have already sold to your quota of retailers so now you are recruiting, WHO? Sales Team members??? Who will have to find there own little retailers to sell to?


And now about these retailers?
They have paid YOU $500. Which includes a set number of cards? Which the retailer GIVES away? They won't last very long! 1000 cards will be gone in a couple of weeks, easy. So he has to buy some more? At $2 a pop?

So now I have my retailers hat on. I'm down $500 for the license I've had to buy from YOU. I'm down $x on the discounts I have to give clients who present there Flexkom card to me? And I'm down if those clients don't actually give me REAL cash but use the FLEXKOM dollars to 'pay' me with? Don't think my council/wholesaler/electric etc will accept FLEXKOM DOLLARS in payment somehow.

And as for this 5% back. Lets say somebody uses my card in the bakery, to buy a loaf of bread. I get 5p. Fair enough.
But I am one of SIX retailers in my local area. So, in theory, if my customers are all local too, they would have visited ALL these six stores and been given SIX FLEXKOM cards in total?

So the chances of MY card being used are 1 in 6? To get 5p?

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http://thefutureofbusinessintheuk.co...FlexKom_EN.pdf

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Originally Posted by NikSam

Yes I do call entire MLM or whichever you call your scams these day ( network marketing, direct sales ) a scam, it is illegal in several countries and immoral at least.



Got it wrong, not everybody was so excited readin Kyosaki, Big secret, listening pimps in hotel halls and other delusional crap and woke up one day and said "I CAN BE POSITIVE, I CAN DO IT, I VISUALIZE IT NOW" and went on scamming around other folks.

Some can smell a scam miles away.



You got this right.



Lets look at that from another point, 90% of MLM participants loose money, from remaining, 5% make some not sufficient even call it an earning, and the rest are living on top of pyramid.
Do you want to split who are women who are men? than i would say 75% of victims of MLM are women according to your numbers.

Organizers should be locked up and promoters who violate the laws once they are in place. regardless if they are men or women or what kind of crap they trying to sell, those crap products are the only excuse for a damn pyramid. that product has no chance of survival in real market, otherwise it would not use a pyramid but gain retail sales traditional (non-scam) ways.

Sooner or later those housewifes will understand the error of their ways and what pyramid marketing is.
How long you have been in this crap ? one day you will come to the same conclusions, unless of course you the top one and rip money on other people's losses.






Legal for now. and not around the world.

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http://thefutureofbusinessintheuk.co...FlexKom_EN.pdf

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Originally Posted by littleroundman

There's nothing to retract.

You haven't said anything of consequence.

I guess at your school if you throw enough insults around eventually you'll get someone to react.

Unfortunately in the grown up world, that strategy is unlikely to work, as you've discovered.

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Reader please read this link

http://thefutureofbusinessintheuk.co...FlexKom_EN.pdf

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Originally Posted by baylee

I use the same auto mechanic because his shop has reasonable prices, up to date certifications, and proven past history of excellent and on time work.
my wife knows and likes her hair dresser and would not change or drive somewhere else to save 5 or 10%.
We know and trust the vet and his partners and would not dream of changing.

Most people would not change, drive or go elsewhere to save 5 or 10%.

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By the sound of it you must buy the same model car and go to the same vacation spot every year. And buy the same kind of underwear once a year.

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Originally Posted by littleroundman

A more important question for those concerned that FlexKom is yet another pyramid / endless chain recruiting scheme is:

"how many distributors did those distributors sign up"

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You could also say it is not one of those
http://thefutureofbusinessintheuk.co...FlexKom_EN.pdf

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Originally Posted by justlogicnohate

By the sound of it you must buy the same model car and go to the same vacation spot every year. And buy the same kind of underwear once a year.

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Sorry, but I own a Ford truck, a Pontiac Grande Prix GXP (wife's toy) and 150 cc Motor scooter which I ride with my German spiked helmet and a streamer tied to the spike! I always wear my spiked helmet with the streamer when I ride. The last two vacations taken were to Cabo and Daytona. I must admit that I purchase the same kind of underwear every time. (Hanes)

Apparently one of the advantages of becoming a pimp representative for FlexKom is you become psychic.

"justnonsensenologic" has been endowed with the ability to discern peoples' underwear buying and holidaying habits merely by laying his lips on the screen.

Don't ya just love what endless chain recruiting can do for you ??

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Originally Posted by baylee

Sorry, but I own a Ford truck, a Pontiac Grande Prix GXP (wife's toy) and 150 cc Motor scooter which I ride with my German spiked helmet and a streamer tied to the spike! I always wear my spiked helmet with the streamer when I ride. The last two vacations taken were to Cabo and Daytona. I must admit that I purchase the same kind of underwear every time. (Hanes)

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Venture out my friend venture out

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Originally Posted by littleroundman

Apparently one of the advantages of becoming a pimp representative for FlexKom is you become psychic.

"justnonsensenologic" has been endowed with the ability to discern peoples' underwear buying and holidaying habits merely by laying his lips on the screen.

Don't ya just love what endless chain recruiting can do for you ??

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Hard Out Here for a Pimp - Hustle & Flow (5/9) Movie CLIP (2005) HD - YouTube

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Originally Posted by justlogicnohate

http://thefutureofbusinessintheuk.co...FlexKom_EN.pdf

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What on earth does FlexKom sales spiel have to do with the future of business in the UK.

Two of the largest industries in UK are agriculture and defence. Farmers who are sewing their winter cereals have to trust their own hunches and make educated guesses. Does FlexKom think that their guesses will effect cereal production or the Syrian conflict? Those two events will have a real effect on business in UK. What happens with FlexKom is neither here no there in the future of our economy. It is no more than a drop in the ocean.

As a Future of Business in UK, they meant Pyramids :)

RUN, there is no future for anyone if it happens.

Justlogicnohate = Scambloggertakedown??????????????

Either way, seems more of an organized campaign than a few random reps showing up to discuss how they are going to change the world. I think the two bloggers at the top bring up some valid business concerns.

Flexkom Scam Turkey - Germany & the Netherlands : Scams
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Attachment 5987

This blogger "scambloggertakedown" sure does write and spin yarns like someone I have read before.

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Attachment 5990

JUSTHATENOLOGIC...WAS THE QUESTION TO HARD FOR YOU?

I visit the hairdresser. I get a card from him so that if I use this card/app, the hairdresser gets the commission.
I visit the baker. I get a card from him so that if I use this card/app, the baker gets the commission.
I visit the petrol station. I get a card from him so that if I use this card/app, the petrol station gets the commission.
I visit the health club. I get a card from him so that if I use this card/app, the health club gets the commission etc, etc, etc

So, Mr. ' I'll blind them with science and lots of brochures and BS' this is NOT a ONE card/app loyalty scheme! Its a KON! A FLEXKON!

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Originally Posted by baylee

Sorry, but I own a Ford truck, a Pontiac Grande Prix GXP (wife's toy) and 150 cc Motor scooter which I ride with my German spiked helmet and a streamer tied to the spike! I always wear my spiked helmet with the streamer when I ride. The last two vacations taken were to Cabo and Daytona. I must admit that I purchase the same kind of underwear every time. (Hanes)

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Let me guess you still have a flip phone?

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Originally Posted by path2prosperity

What on earth does FlexKom sales spiel have to do with the future of business in the UK.

Two of the largest industries in UK are agriculture and defence. Farmers who are sewing their winter cereals have to trust their own hunches and make educated guesses. Does FlexKom think that their guesses will effect cereal production or the Syrian conflict? Those two events will have a real effect on business in UK. What happens with FlexKom is neither here no there in the future of our economy. It is no more than a drop in the ocean.

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Huh? What?

The link is a pdf they guy chose to name his site whatever.

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Originally Posted by HARRISON

JUSTHATENOLOGIC...WAS THE QUESTION TO HARD FOR YOU?

I visit the hairdresser. I get a card from him so that if I use this card/app, the hairdresser gets the commission.
I visit the baker. I get a card from him so that if I use this card/app, the baker gets the commission.
I visit the petrol station. I get a card from him so that if I use this card/app, the petrol station gets the commission.
I visit the health club. I get a card from him so that if I use this card/app, the health club gets the commission etc, etc, etc

So, Mr. ' I'll blind them with science and lots of brochures and BS' this is NOT a ONE card/app loyalty scheme! Its a KON! A FLEXKON!

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LOL No "harrison"!

I visit the hairdresser. The Hair dresser asks me if I want to be part of The hairdressers loyalty program for free. I sign in with my name and info.

I visit the baker he asks me if I am with FlexKom yet. I say yes and I get 5% back I scan the QR code (no card is given since I am already in the system) and the hairdresser gets a commission

I visit the petrol station and I get 3% back the hairdresser gets a commission. At the petrol station I get a voucher for a car wash for 3 flexMoney

I visit the car wash and and pay $12 and get 3 flexmoney back the hair dresser gets a commission.

On my way home I see a FlexKom sticker in the pizza shop window and I buy a Pizza using my Flexmoney.

At the end of the day FlexKom and all the merchants reconcile. So the Flexmoney I spent at the pizza shop The Pizza shop gets money from FlexKom.

So the Hair dresser signs up the customer once and then whenever that person shops with it's ONE card the hair dresser gets paid and that person can never sign up with another merchant.

So in a city of say 500,000 people we need 50 reps that sign 10 stores each. Those stores sign 1000 customers each and then we have 500,000 customers. (well 499,000 because "harrison refused the app " I will not join one of those pyramids") Then those 500 stores can be seen by 499,000 people which will drive more customers to the shops. The large stores don't get to participate it is just for the smaller stores. We do

After we have 50 reps in that area we stop taking more reps so its not an endless chain it ends at that point then our 50 reps will be the only reps to sell our service.

So the hairdresser signs 1000 customers and creates a passive residual from those customers shopping everywhere. FlexKom then helps the hairdresser bring new customers and also make money selling everything from Pizza to carwashes. Pretty brilliant system if I can put my opinion in. The income offsets the discounts the hair dresser offers. It will drive more customers to him. According to the Law Firm Shenk & Shulenberg the FlexKom pay system is not a Network Marketing pay plan. The company makes 93% of the money from the sales through the access points and only 7% from building out the sales team. Report can be found here

The report also points to that the average per card income for the retailer is 30p a month not bad for the first 2 years. FlexKom revenue is currently over 525,000 Euro a day in Turkey from use of cards in stores. "Mr Ribshaw" Thinks those numbers are terrible for a start up company, but I think they are fantastic. FlexKom valuation is pretty fantastic since the Balance is usually sitting on the apps in the bank so to speak. The math would be each card average cash back is 3.5 Euro times 4.5 million 15.75 million a month

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Originally Posted by justlogicnohate

Huh? What?

The link is a pdf they guy chose to name his site whatever.

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Well naming it something as idiotic as "futureofbusinessinuk" should be enough to tell anybody that the guy is not a member of the British "chattering classes" which is synonymous with "thinking people." The name makes it blatantly obvious that the guy is talking about pyramid scams which have nothing whatsoever to do with real businesses in UK.

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Originally Posted by justlogicnohate

LOL No "harrison"!



[QUOTESo in a city of say 500,000 people we need 50 reps that sign 10 stores each. Those stores sign 1000 customers each and then we have 500,000 customers. (well 499,000 because "harrison refused the app " I will not join one of those pyramids") Then those 500 stores can be seen by 499,000 people which will drive more customers to the shops. The large stores don't get to participate it is just for the smaller stores. We do

After we have 50 reps in that area we stop taking more reps so its not an endless chain it ends at that point then our 50 reps will be the only reps to sell our service

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Ok...I'll run with the 'one card' for now. Only one card per person.

But, actually, only one card is very unfair on the retailers that have joined AFTER the initial 3 or 4 as the pool of people is smaller. Surely it would benefit the retailer to make sure customers get THERE cards and not others?

And where does this magically 1000 customers come from?

Who ALL sign up for a card? And FIFTY reps, SIGNING UP TEN STORES EACH is just made up 'pie in the sky'.

And your figures bring me back to my fundemental question.
HOW MANY MULTINATIONAL COMPANYS HAVE FLEXCON SIGNED UP?

AND WHO ARE YOU? You are NOT an ordinary franchisee. You are high up on the FLEXCON rung aren't you?

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Originally Posted by justlogicnohate

Let me guess you still have a flip phone?

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Do you need to borrow it?

Let's say that you have 10 dollars. You give those 10 dollars to me. Then I give you back 2 dollars. A normal person would say he'd just made a loss of 8 dollars. But a Flexkom person would explain this as a profit of 2 dollars.

The commisions that justlogicnohate is talking about are being paid entirely by shops such as the baker, the petrol station and the car wash. Flexkom people are generally unable to understand that their system is causing massive unnecessary loss to the shops, because of the commisions that a shop has to pay to other shops and, more important, to the Flexkom licenceholders/franchisers/agents/pimps. Not that that matters, because every shopowner can see that, thus there is no chance for Flexkom to ever get started.

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Originally Posted by NikSam

As a Future of Business in UK, they meant Pyramids :)

RUN, there is no future for anyone if it happens.

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"Niksam" is blind to the fact that the world is built in a pyramid structure. The top of the pyramid are the owners of the banks and at the bottom is the world.