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

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"

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

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"

The reader needs to know that the recruiting phase is not endless we only need a certain amount of reps in each area. You can see the amounts needed on this website for USA. We are not a Network marketing company who recruits new reps indefinitely we are a Franchise model but our owners are recruiting the other franchises until we have our needed number.

Millionaire Island

For FlexKom to roll out their program by hiring the sales team it would cost us 300 million in just USA and then add another 49 countries that creates a number to big for this start up. So we use a franchise type model to get the sales team in place. The time is also a factor we are currently launching in 10 countries and plan on being in full swing in all countries by January 2014. First to market is important and to stay ahead of the competition. There are companies that have big pockets that could try to over take Flexkom in this blue ocean space.

Originally Posted by ribshaw

Harrison,

I think your analysis is spot on, on my recent shopping trips I thought similar. I buy quite a bit from Amazon. Just bought a new computer, TV, dog bones (lots of those), protein bars, software, insoles and who knows what else. The UPS driver could do an Iron Man with all the up and down my driveway he does in a week. Ten years ago most of us would have had to head to either several different places, or one superstore. That day is done.

In my weekly shopping I go to a warehouse club and Target for almost all my families needs and wants. Yesterday I went and met a friend for lunch at a rib place, had a 2 for 1 coupon from one of the coupon books the school kids sell. Its a good place to eat, but I will probably not be back until next years book comes out. And the book is chock full of restaurant coupons, at year end most get thrown out as I can only each so much. Weekly I get at least one mailer of coupons, on occasion I will set one aside and more often than not throw them away a week later expired and unused. I turned off groupon after about a week, got sick of it.

The number of sole proprietors that I deal with on a monthly basis is very small. I have someone spray for weeds, found them through a referral. Met my barber through another guy who owns a barbershop, and the lady who cleans I think I found through a mailer. That was after going through several failed attempts with other cleaning people. So I am not likely to switch for 10% off. I don't know that I am typical, but for the most part I am not cost conscious with these relationships.

I have a friend that does massages as a sole proprietor. I spoke with her about either Groupon or Living Social, her response was no way. First the cut they wanted her to take in profits would have been way too much. Second, she can only do so many massages in a day, her quality would really suffer if she had a massive inflow. I suspect my barber would say the same thing, but we talk about other stuff.

I would conclude the test run in Turkey says it all, 40,000 distributors sign up 3000 retailers.

Mr "ribshaw" shops on Amazon. Amazon is a portal of resellers it's like google for shopping. Amazon takes a small percentage of the sale I imagine. FlexKom will have a similar portal.

Mr "ribshaw" had ribs at a rib place that is pretty funny actually. But anyway he was using a coupon. The rib place paid for that. "ribshaw" wont be back for a year. I wonder how much it costs the rib place to do that special. They gave double the amount of food and they paid for the coupon program. How much did the rib place make on Rib-shaw? And he wont be back fro a year when they are giving him another free meal. Costly for the rib place indeed. How much did ribshaw pay for the coupon book ? These coupon books more often get thrown out unused. People simply aren't attracted to paper much anymore. They want it in their hand when they are out a need it. To plan a trip to the rib place to use the coupon is not convenient. FlexKom is a targeted coupon book in your hand for free that never ends. It keeps going and going. It doesn't take up any extra space. It addresses your needs when you need them. search for oil change and there is your coupon geo targeted to your exact location.

Blogger "ribshaw" goes on and starts to compare Groupon to FlexKom If a massues used Groupon they would have to do the massage at 1/4 the price it would for sure be a loss leader. I don't think that is a winner. Since lots of Groupon people just go the next deal and never return to the store again. And then ribshaw says I turned it off. I think what he is referring to is his app which you can delete and turn off. I have mine turned off because i also got tired of it. But I go on if I am in the mood for something new. I check the adventure stuff and dinner deals. But here we can tell "ribshaw" isnt into technology to much I mean he is using coupons still. How old is he? Maybe that explains a lot here. but we can agree that Groupon has done quite well being valued at over 6 billion dollars.

Ribshaw also is explaining how he got most of his services through word of mouth. So I suppose he thinks all small business should just stick to word of mouth sit back and wait.

Numbers from Turkey are wrong. 13500 shops 4 million customers. There where more distributors than that actually.

Originally Posted by justlogicnohate

The rib place paid for that. "ribshaw" wont be back for a year. I wonder how much it costs the rib place to do that special. They gave double the amount of food and they paid for the coupon program. How much did the rib place make on Rib-shaw? And he wont be back fro a year when they are giving him another free meal. Costly for the rib place indeed.

I almost thought you were going to catch on, if you had only stopped here..

Originally Posted by justlogicnohate

How much did ribshaw pay for the coupon book ?

No more than $20, but old men like me don't remember too well.

Originally Posted by justlogicnohate

To plan a trip to the rib place to use the coupon is not convenient.

Planning a trip to the moon is not convenient, a trip to any place else in town is what we all do every day.

Originally Posted by justlogicnohate

FlexKom is a targeted coupon book in your hand for free that never ends.

This is where you just lost it, "FREE". It is not "FREE" for the very reason you described above. Any way you slice it, promotions cost money. If it was "FREE", then you and all your Flexcon pals would not have any pretendy paychecks to be looking forward to. Further, if you asked the average business person, do they want the cost of the discount to go to a potential customer, or some recruiting scheme they will pick the customer virtually every time.

Originally Posted by justlogicnohate

Blogger "ribshaw" goes on and starts to compare Groupon to FlexKom If a massues used Groupon they would have to do the massage at 1/4 the price it would for sure be a loss leader. I don't think that is a winner. Since lots of Groupon people just go the next deal and never return to the store again. And then ribshaw says I turned it off. I think what he is referring to is his app which you can delete and turn off. I have mine turned off because i also got tired of it.

Correct on the Groupon analysis. I was not though comparing Groupon to Flexcom, I was thinking through the problem that many small business owners have with discounting as a means of driving traffic. Even a restaurant where the BOGO works very well, must be careful to staff properly around promotions or they run the risk of poor customer service.

Originally Posted by justlogicnohate

But here we can tell "ribshaw" isnt into technology to much I mean he is using coupons still. How old is he? Maybe that explains a lot here. but we can agree that Groupon has done quite well being valued at over 6 billion dollars.

Ribshaw is old, his social security number is 4. Not in to technology, yes and no. Not in to being pestered YES. I use email for any business that I want to have reach out to me, and as mentioned, Amazon emails daily deals, along with other suggestions based on my purchase history. That is plenty, covers almost every business transaction I need. Just went Parasailing on our trip to the beach, had the great grandkids score me a deal on the interwebs, you kids LOL. Adventure, great, seldom do MOST professionals have time to hit the go-cart track on the drop of a hat. Even us old guys with plenty of time, can plan for a trip like that.

Originally Posted by justlogicnohate

Ribshaw also is explaining how he got most of his services through word of mouth. So I suppose he thinks all small business should just stick to word of mouth sit back and wait.

Here again, you draw the wrong conclusion from an observation. This statement depicts how many small businesses get and retain quality clients. So when you are throwing around the numbers of small businesses, you must SUBTRACT these people from the pool of people that are itching to sign up for Flexcom. I never said business should not advertise. What I said, was I would not switch some of the small businesses I use to save a few bucks.

Originally Posted by justlogicnohate

Numbers from Turkey are wrong. 13500 shops 4 million customers. There where more distributors than that actually.

Ok so more that 43,000 distributors signed up 13,500 shops, so every 4 distributors gets 1 shop. Sounds like a welding helmet is needed to avoid being blinded by the growth. And 4 million customers generating what for who? Sure would be nice if you could put up some links to actual earning statements and transaction revenue.

Do use large font though, muh eyes aint what they used to be.

Ok, Mr. Logic. Try it this way:
Give it to me in pounds(euros/dollars)...

Below is FLEXKOMS own little example doodle. These are MY figures. You can be the FRANCHISEE.
flexkom bubble amount game.jpg

Please tell me the answers to these questions.
1/ How much money have YOU spent to be a franchise owner?
2/ How much do all these people : baker/petrol/chemist etc have to PAY YOU for there terminals?
3/How many cards do all of these people get to give out and how much do these cards cost once the initial allocation is gone?

(P.S The figures I've quoted are my own personal expenditure with LOCAL stores. My main spending is with MULTINATIONALS.
I would be really interested to see what other people on this board spend locally also?)

Originally Posted by HARRISON

Ok, Mr. Logic. Try it this way:
Give it to me in pounds(euros/dollars)...

Below is FLEXKOMS own little example doodle. These are MY figures. You can be the FRANCHISEE.
flexkom bubble amount game.jpg

Please tell me the answers to these questions.
1/ How much money have YOU spent to be a franchise owner?
2/ How much do all these people : baker/petrol/chemist etc have to PAY YOU for there terminals?
3/How many cards do all of these people get to give out and how much do these cards cost once the initial allocation is gone?

(P.S The figures I've quoted are my own personal expenditure with LOCAL stores. My main spending is with MULTINATIONALS.
I would be really interested to see what other people on this board spend locally also?)

1. $2,200
2. $500
3. unlimited amount of free apps

I spend at least $500 a month locally between restaurants, services gas.
You are 61 Pounds so if you got an average of 5% back it would make 30P for the retailer that gave you the app/card and he has 1000 doing the same he makes 300 pounds a month the rep gets the same.

The apps here in USA a free to the retailer unless they want to brand the app. cards would be maybe $2 each and loaded with $2

Originally Posted by justlogicnohate

1. $2,200
2. $500
3. unlimited amount of free apps

I spend at least $500 a month locally between restaurants, services gas.
You are 61 Pounds so if you got an average of 5% back it would make 30P for the retailer that gave you the app/card and he has 1000 doing the same he makes 300 pounds a month the rep gets the same.

The apps here in USA a free to the retailer unless they want to brand the app. cards would be maybe $2 each and loaded with $2

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?

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?

why dont you just learn how we do business instead of guessing. It's still all wrong watch the video i posted and then go to youtube and watch all three videos.

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?

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

Originally Posted by justlogicnohate

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

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.

I will leave you with this.




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

Originally Posted by justlogicnohate

I will leave you with this.




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

...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?

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?

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?

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?

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

Ok I have done my 10 hours of this work. I have enough for my news ketter showing when it comes down to it you guys don't know what you are talking about. I explain it well to my prospects and they understand it better than you so now I show them you are not informed enough to make any judgement on FlexKom as you have no idea of how it works and therefore all you se is scam. So take care guys and enjoy your hobby.

M

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%.

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%.

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.

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.

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)

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)

Venture out my friend venture out

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)

Let me guess you still have a flip phone?

Originally Posted by justlogicnohate

Let me guess you still have a flip phone?

Do you need to borrow it?

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 ??

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 ??

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

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

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

Originally Posted by NikSam

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

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

"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.

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
scam detecting.jpg
Maypole.jpg

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

1.JPG
Capture2.jpg
Capture3.jpg