CASH GIFTING PROGRAMS

Detailed Review of most lucrative cash gifting programs, Also see my personal recomendation Ecosov

 

Review: Ecosov has been operated in one form or another for over 8 years by a guy who calls himself "Q." There used to be three levels to join, but now there are only two: $6,600 & $18,500. It uses a 1UP style structure. His marketing style and approach is 'in your face,' blunt and to the point with no fluff.
Some people consider him offensive, but it appeals to others. It seems there's no grey area, you either like his style or you don't. Members are given a system ID to advertise with on your ads that must be used by prospective members to join. If someone responds to an ad and doesn't know what the ID code is, they can't join.

 

The Pros: You can join, plug into some of Q's marketing and advertising co-ops, or use his pre-designed ads and postcards and do it yourself. All of your ads include your member ID and Q handles all the rest which includes handling any and all questions from your prospects, as well as setting up the tracking to ensure your cash is delivered to you via Fedex, UPS or DHL.

Best Feature: The professionally designed marketing materials and hands-off automation make this program attractive for busy people that have more money than time. Q's newsletters are also very entertaining and blunt.

 

The Cons: With the minimum participation amount being $6,600 to start (plus advertising expenses), Ecosov disqualifies the vast majority of people out there looking to get ahead from participating with this activity. Q isn't shy about this fact and is most likely intentionally keeping the entry level high to only attract those that are totally serious.

The other thing I see as a major drawback to this program is the fact that your marketing and advertising CANNOT be tracked! In other words, you have no idea of determining where your referrals are coming from and which ads are pulling best for you. There's also no way to track who Q has spoken to or what your leads are doing (unless you hear about someone joining) since you've gotta send everyone to HIS website with your referral ID# and hope for the best.

 

Biggest Flaw: You must GIVE AWAY every 5th gift you receive to Q as a "Monitor Fee to corporate." At $6,600 - 18,500 a pop, you could end up giving a away a fortune over time.Personal Opinion: Ecosov appeals to those that have serious financial resources (i.e. deep pockets) to promote the program and are looking for something very turn-key and hands off, but the entry level price keeps most people away.

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Review: NOSS is a 1UP style gifting program and has been around for over 7 years. NOSS appeals to many people because it has 3 levels of participation: $500, $1,500 and $3,500. Leaders within the program also conduct several live overview calls each week as well as a daily training call which is primarily motivational. It's professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received, etc. The tracking software runs about $120 per year.

The Pros: With the lowest entry level being only $500, it's accessible to the masses. The weekly conference calls to invite prospects to is well scripted and professional. There system is simple and easy to follow for duplication. Cash gifts are delivered to participants via Fedex, UPS or DHL.

Best Feature: Low entry fee of $500 makes this program accessible to many people and the daily calls are conducted by industry leaders.

The Cons: If you join NOSS, you better be prepared to do some heavy Cold Calling / phone work and be able to handle rejection well. Participants are taught to promote the activity using an outdated antiquated method that focuses on buying lead lists, and COLD-CALLING strangers, or running ads and following up with people etc.

Biggest Flaw: COLD CALLING! They have VERY strict policies about how you can market the program and will delete you from the system if you violate their terms. One of the things they forbid is internet marketing. Why? I don't know, but it probably has to do with some of the founders just liking to stick with old-school prospecting methods as well as making a profit selling their own leads to the organization.

Personal Opinion: NOSS has mass appeal for people that don't mind cold-calling and doing heavy phone work (which is a very small minority), but most participants don't find this stuff out until AFTER they join and realize what they're going to have to do to be successful with the program. In an age where the internet can automate so much of the explanation process, it makes no sense that they don't offer an internet based system for their members.

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Spirit of Wealth (SOW Today)

Review: SOW is over seven years old and has over 40,000 members in over 16 countries. Like NOSS, SOW also appeals to many people because it has 3 levels of participation: $500, $1,500 and $3,500. It's professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received, etc. The tracking software runs $120 per year. Many teams within SOW use automated internet-based systems like websites, videos and streaming audio, etc.

The Pros: Unlike NOSS there is zero marketing and promotion restrictions making the entire program easier to enroll people in. With the lowest entry level being only $500, it's accessible to the masses. Most SOW members use professional websites that incorporate videos, testimonies and recorded overviews so no personal explaining is necessary and this in turn keeps the follow up minimal. There is zero cold calling or salesmanship needed with this type of automated system. Cash gifts are also delivered to participants via Fedex, UPS or DHL.

Best Feature: Unlimited marketing potential. Again, the low entry fee of $500 makes this program accessible to more people. The automation of using websites, videos and audio to deliver the information saves time and gives people more freedom as to how they want to promote the program.

The Cons: It was really hard to find a flaw with this program. The only thing I could find that I would consider a 'Con' is the fact that when someone has questions or wants to get started with this program, they have to call their inviter or listen to the daily question and answer conference calls.

Biggest Flaw: Some teams in SOW have great marketing systems and strategies in place and some don't. If you join this program, make sure you are working with a strong mentor and team with great marketing tools.

Personal Opinion: SOW has taken out all the "negatives" of other programs and uses all the positives like the internet systems, video testimonials and direct mail marketing, etc. If you can find a good team and marketing system, you'll have a great chance at succeeding in SOW. This is one of my favorites!

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The Overnight Cash System (TOCS)

Review: As an internet-based cash gifting activity, TOCS is the "baby" of online cash gifting programs since it's only been around with it's new structure since January of 2008. It uses a 1Up style structure like the others and has 5 levels $500, $1,000, $2,500, $5,000, and $10,000. Interested prospects visit the website to read all about the program, listen to the audio recordings, read the testimonies, watch the movies, then they can call in toll-free or submit a Callback Request and get all their questions answered by a customer service/ "Team Leader".

In other words, members never need to speak to any prospects or answer any questions. There are additional fees required to become a TOCS member. These fees are determined by which Level you choose to get started with and range from $200 to $1,000. There's also a monthly fee of $29.95 for the hosting of the replicated websites as well as access to all the marketing tools. They give a discount if you purchase a one year subscription up front. Just to be clear, the fees I just mentioned are in addition to the initial cash gift that's sent to the sponsor.

The Pros: With the lowest entry level being only $500, it's accessible to the masses. The system is highly automated and members can participate without having to talk to a lot of people. There is zero cold calling or salesmanship needed with this type of automated system. Cash gifts are also delivered to participants via Fedex, UPS or DHL.

Best Feature: TOCS set up as a customer service style department to call and answer all your prospects questions for you, so it can be almost completely hands-off on the member's part. This really appeals to people that either have a fear of the phone, or just wanna be more anonymous and 'fly under the radar.'

The Cons: The TOCS website is very "slick" looking with a "Hype" feel to it that actually turns a lot people off. Hence the conversion ratio & enrollment numbers is much lower than a lot of the other programs with a more personal on on one mentoring type of feel. The high admin. fees has also been a turn of for some people in spite of the team leader option.

Biggest Flaw: The "slick" feel to the program. Although team leaders can talk to people for you, most people coming into a Cash Gifting activity don't want a "Cold Hard Cash" approach and want to speak to the person they are helping with their gift. So the high admin. fees for many people are just a waste. Also you can't control the messages that go out to your prospects or send them a group e-mail message to stay in touch with them.

Personal Opinion: TOCS has a good concept with the customer service people answering questions for you. The customer service TOCS concept itself is only a couple of months old so time will tell if it proves effective. The conversion ratio of people who visit the site vs. people who actually sign up needs to be improved dramatically.

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Review: Cash Arrives 365 is a 1UP gifting programs and has also been around for about 7 years. CA365 also appeals to many people because it has 3 levels of participation: $500, $1,500 and $3,500. It's professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received. The tracking software runs about $120 per year.

The Pros: With the lowest entry level being only $500, it's accessible to the masses. The weekly conference calls to invite prospects to is well scripted and professional.

Pretty similar program as to NOSS without the cold calling approach to prospecting. Cash gifts are delivered to participants via Fedex, UPS or DHL.

Best Feature: Low entry fee of $500 makes this program accessible to many people and the daily calls are conducted by industry leaders.

The Cons: Not many strong leaders found in this program or professional marketing tools.

Biggest Flaw: Couldn't find any strong marketing system or teams with leaders in this program. Seems to be a fairly small organization without a lot of support structure.

Personal Opinion: If you can find a good team and marketing system, you could have a shot at being successful.

Abundant Living System (ALS) : MY RECOMENDATION

Review: ALS is a new program and was created for the "Little Guy" out there. ALS appeals to many people because it has very low levels of participation, with the lowest entry level of all at just $150. It's professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received, etc. The tracking software is $50 per year.

The Pros: With the lowest entry level being only $150, it's accessible to anyone out there trying to get into gifting. ALS also provides replicated websites for members to use in their marketing online. ALS has set up as a customer service style department to call and answer your prospects questions for you, so it can be almost completely hands-off on the member's part. This appeals to people that either have a fear of the phone or lack communication skills. Cash gifts are delivered to participants via Fed Ex, UPS or DHL.

Best Feature: Again, the low entry fee of $100 makes this program accessible to just about anyone. They also have customer service reps /sales people that will call your prospective new members if you lack communications skills and don't want to speak with any one.

The Cons: The System starts at a VERY low entry level and there is just as much work to mentor $150 enrollment as a 9,000 enrollment. As people grow in a gifting program you realize there is only so many hours in a day. How prosperous are those hour with a lot of $150 enrollments vs. just two $9,000 enrollments? If you dont want to start low you can opt for $5000 level! BY FAR THE BEST GIFTING PROGRAM I HAVE COME ACROSS

Biggest Flaw: Appeals to too big of an audience. The successful marketing datum is that you can't be "All" things to "All" people. The program is only a few months old and still doesn't have a track record. But within this time period it has surpassed almost all other cash gifting program i have mentioned till now! So time will tell.

Personal Opinion: ALS fills a gap in the industry and provides a solution for many people that can't afford to join some of the higher-end gifting programs online. The use of a customer service rep answering questions has proven to drastically lower conversions and success rates and "Breeds" a habit of "dis-connection" versus "connecting".

Conclusion...
Wow, you must be serious if you're still here reading this... I hope you got some value from the information I just shared. One of the most important things to remember when evaluating any cash-generating program is whether or not ALL of the information is presented to you BEFORE you get started.

Many people will show you how to sign on the dotted line, but they never tell you what you'll have to do to generate serious cash-flow, so be sure to get all the details before you join anything.

Success breeds success. Are you hanging out with successful people or are you going it alone? If you're alone, chances are you'll fail no matter what type of home-based program you join.

Here's to you making the right decision to join GGS and genreating some REAL money instead of the "nickel and dime" cash gifting programs out there.

hope this helps With Regards Charles Clift