There's been buzz about some of it precious metal MLM company and I made a decision to take a deeper look.
Odds are someone approached you about the business opportunity or their precious metal products and so you landed here to ensure it's legit.
What's promising is I'm likely to walk you through the 7K Metals products, company and compensation plan therefore you cam make the proper decision.
Just PAY close attention and read this to the end…
7K Metals Review (MLM Company)
7K Metals is often a US Idaho based MLM company that specializes in precious metals.
The 7K Metals founders are Zach Davis, Josh Anderson, Richard Hansen, Roger Ball and Sam Cooks (CEO).
In regards to experience in network marketing, Zach David and Josh Anderson have a lot.
Zach Davis first learned the power of referral marketing as a college student.
From his first experience in the market to his latest he's helped a large number of people realize their ability to make a more significant contribution to the world.
Josh Anderson got his first taste of network marketing at the age of 21. He could build a sizable team that focused on other people's success. That team reached over 18,000 people in its first year.
In 2008 Josh, influenced a fresh MLM company that in 120 days grow to 9,000 people, where time Josh become the CEO of the business and lead the business to over 26,000 distributors.
Back 2011, Davis and Anderson together ran a training company called Black Ink International.
Anderson cites himself as the CEO of JD Premium from 2009 to 2011.
JD Premium promoted a collection of nutrition and personal maintenance systems and the business was turn fully off by Roger Ball in 2015.
Zach Davis served as the JD Premiums Chief Marketing Officer from 2009 to 2011.
Along side running Black Ink International with Anderson, he was also an affiliate for Paycation in 2012.
What is 7K Metals
7K Metals is a Multi-level Marketing company that provides memberships that provide people usage of precious metals such as for instance as an example gold, silver and bronze.
The MLM company believes it will even help members achieve financial freedom by investing their wealth in gold and silver.
In addition they speak about how they give the absolute most affordable precious metals in the market.
7K Metals Products
Like any legit network marketing company they much offer products or services to customers.
7K Metals most trusted items are another:
- American Gold Buffalo 1 oz. coin ($1,845)
- Pamp 5 oz. gold bar ($8,800)
- Royal Canadian Mint 100 oz. silver bar ($2,000)
Here are far more best-sellers they are offering right now…
7K metals isn't the only real company in this came and a lot of others offer similar array of metals such as for instance as an example goldsilver.com.
Not only this, you will find other MLM companies that offer similar products such as for instance as an example:
- Fluorescent Sand
- Real Gold
- Karatbars International
- Global InterGold
7K Metals Compensation Plan
7K Metals affiliates get started that will either buy precious metals or sponsor other affiliates and earn a commission.
Commissions within 7K metals is paid using a binary compensation plan structure.
Position in a binary might be filled directly or indirectly by team or downline members.
7K Metals commissions are paid on the subscriptions fee's which are tracked through points:
- purchase of a Regular affiliate ($249 a year) generates 100 points
- purchase of a Premium affiliate ($499 a year) generates 150 points
- purchase of coins by recruited affiliates generates 20 points (cited as a normal amount)
At the end of every week 7K Metals adds up all the newest points produced on both parties of the binary team.
For each 500 points matched on both parties, there's a $500 commission paid.
You will have caps with respect to the following criteria:
- Associate (recruit and maintain at the very least two MLM commission qualified affiliates, split one on each side of the binary team) – $500 weekly commission cap
- Copper (recruit and maintain at the very least four MLM commission qualified affiliates (two must be Associate), split two on each side of the binary team) – $1000 weekly commission cap
- Bronze (recruit and maintain at the very least six MLM commission qualified affiliates (two must be Copper), split three on each side of the binary team) – $2000 weekly commission cap
- Silver (recruit and maintain at the very least ten MLM commission qualified affiliates (two must be Bronze), split five on each side of the binary team) – $3500 weekly commission cap
- Gold (recruit and maintain at the very least sixteen MLM commission qualified affiliates (two must be Silver), split eight on each side of the binary team) – $7000 weekly commission cap
To be qualified to earn commissions in the binary compensation plan you will need to make at the very least 20 points every 32 days.
Any left volume or points is carried over to another pay period.
How Much Does It Cost To Join 7K Metals?
You've two membership options you can choose from.
7K Basic Membership
Pay $249 annually for a 7K basic membership and obtain usage of precious metals at wholesale cost.
7K Premium Membership
Pay $499 annually for a 7K Premium membership and gets you everything in the 7K basic plus much more.
For instance, not merely can you obtain usage of precious metals at wholesale, now you can get wholesale pricing on 1 Silver Eagle Coin, 1 Medallion, 1 World Coin, 1 Silver Round Coin, and an annual Business Builder credit as inclusions.
Now unlike all of those other 7K Metals reviews on the market I'm likely to answer some tough questions that could be all on your own mind…
Is 7K Metals A Scam
The 7K Metals scam actually doesn't exist but that doesn't mean this provider is without flaw.
What I truly do like about the business is it's offering you a product that will appreciate overtime.
Also a few of the products are very competitive but I did so notice they are out of stock a lot more often on their 7K Metals website.
Maybe they will stock more on that?
At that time of the review the price of Silver was around $17 so that's below market that will be good…
It's only it's sold out…
Is 7K Metals A Pyramid Scheme
In regards to 7K Metals compensation plan structure, I would recommend them offering more retail incentives to help keep them out of pyramid scheme territory.
This doesn't mean it's a pyramid scheme, but to help keep them safe specially with the FTC I would suggest that.
I am aware they do have a 7K Metals coin of the month, nevertheless they need to do better…
Conclusion
7K Metals is performing nearly all things right when it comes to network marketing, however, there has to be some improvements.
I do believe with the improvements I suggested this provider can really hit another level in this space.
Plus your competition in this niche is very stiff and you should take action dissimilar to stand out.
Just in the network marketing space there are numerous others that offer similar products and compensation plan.
So why is 7K metals a lot better than those?
Hardly any really…
Perhaps which brand resonates you with the best…
I am hoping you enjoyed my 7K Metals review and if you have any questions, feel absolve to ask in the comments below…
Now whenever you go…
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