Stiforp is an MLM or Multi Level Marketing program (often referred to as a pyramid scheme). The whole goal of these schemes is to entice users in with the promise of making money without doing the hard work.
“In fact, you can earn up to $2,047.50 per MONTH without ever enrolling a single person!”
What? I join, pay my monthly fee and earn money? Sounds awesome!
Things are never that easy though.
What Exactly is a Pyramid Scheme?
The whole reason MLM got given the term pyramid scheme is because of the way the payment system works. You invite or recruit members and earn some money. Those members in turn recruit more members each and you earn some of the money from them as well, although less.
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On and on it goes spreading out, with you at the top, into a pyramid type shape.
The system behind this is often called a matrix.
First off, let’s look at Stiforp’s “matrix”, and you will see how this super simple system explains exactly how you earn money.
Isn’t that simple? Figuring out this complicated system which seems to shift weekly will take you a while.
Earning the amazing $2047.50 per month will take you a lot longer.
You see, in order to earn more than your $9.95 a month fee, you need to recruit people into the system as well. The reason for this is that the supposed $2000+ a month amount can only be made if your matrix is filled up, and that is randomly done.
In fact I am not even sure they do it at all, there is no evidence or documentation detailing this process, and you simply have to take them at their word.
Did I tell you that they have no contact or business details on their site? Edit: There is contact information.
Anyway, just like a pyramid these people cascade down underneath you, each giving you a speck of money.
In fact the first 3 people will earn you $4. Oh and that’s not per month, that’s a one off amount, which is pretty rubbish.
Not only that but one thing they fail to mention on their site is that even though there may be 16,165 or however many people below you in the “matrix”, it is not a guarantee that you will be paid for every single one of them. Or even get paid for one of them…
Products & Recruiting
In order to get people into the scheme, there has to be an incentive. Often it is a tangible product, but in the case of Stiforp they don’t even have that.
They offer online marketing tools as a part of the monthly package. These tools are supposedly there to help you improve and market your own business, but really they are there to help you recruit more people to the scheme, because without people recruited in the scheme below you, no money can be made at the top.
What Do They Offer?
- Flash presentations – four basic, generic flash presentations. Perhaps in some situations these could be OK, but as they can be used for pretty much any online business they are too generic to actually be useful.
- Video spokesperson – this is the same thing as the flash videos, because they need to be used anywhere and there are only three, there cookie cutter that they become almost useless.
- Lead capture pages – host (with Stiforp) 3 lead capture pages, out of a choice of 10 simple single page pre made sites.
- Autoresponder – a system where emails will be sent out automatically to people who sign up with their email address. It even says “STIFORP is already loaded with highly responsive generic follow up messages”. Generic again… The autoresponder also can’t be used outside of the recruiting people into the system.
- Phone Burner – this one caught my attention, and screamed scam! The so called phone burner, or automated dialler, basically rings through phone numbers so you don’t have to. These are commonly used by cold call salespeople. In fact this aspect reinforces that, though these products are mentioned in a way that they can help you grow your online business, it is really geared at getting more people into the scheme.
There are some other products as well, but the general thing here is that these are made to impress but really they have very little value or flexibility. These products are purely designed to get new recruits in, not to help your own particular online business and certainly not to help create one.
The fact that the videos are not industry specific in any way is not good for a business especially in the modern age where branding is key.
Oh and if you end up using the pre made sites, you will have fun. Google hates cookie cutter type sites and will severely penalise you for it, and there is no way to modify these templates, so it is doubtful they will even get anywhere in the search engines to be found.
If you rely on these tools, rather than a well-known service provider, such as Aweber for autoresponders, or a proper website, then you are taking on a big risk. Pyramid schemes are well known to collapse.
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Who Do You Recruit?
Getting customers to any business no matter if it is legitimate or not is always hard, and recruiting people into Stiforp is no different.
Most people getting into the scheme will have no clue about where to go and how to recruit, so they end up spamming, and cold calling people, often beginning with friends and family.
The truth is, most people who join up to a scheme like Stiforp end up quitting, so you would end up just giving Stiforp some free cash, and that’s the beauty of this scam, no one really earns the big bucks except the owners.
It will cost you $9.95 a month, oh and a $40 one off signing up fee of course. This is on top of the fact that you have no guarantee of making money back from the matrix. The only way to do it would be to recruit people into the scheme and get the sign up bonuses, and even then the system is set up in a way that you will continually have to recruit new members to try and make your money back and a profit.
There is a simple rule with pyramid schemes: if you did not set it up, you are not going to make any money.
The Bottom Line
Let’s look at the FTC’s definition of a pyramid scheme..
Pyramid schemes now come in so many forms that they may be difficult to recognize immediately. However, they all share one overriding characteristic. They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Some schemes may purport to sell a product, but they often simply use the product to hide their pyramid structure.
Does this ring any bells?
Stiforp is without a doubt a pyramid scheme, and one that looks likely to suck your money out of your pocket rather than fill it up, which is rather ironic for a company whose name is actually the word profits backwards.
Some people may say that $9.95 a month is great for the products you get. And yes if they were flexible and quality I would agree, but the Stiforp products are not flexible. They are not quality.
The promise of money for nothing is key to Stiforp’s sales pitch, but there is no money for nothing in the real world. Even with the holy grail of Internet Marketing, you have to work, and work hard to get to where you need to be, not just join some scheme.
This is one to avoid, really just don’t go there. MLM is a risky business, and generally you will not earn your money back and rarely will you even break even.