Re: YMMSS.ORG ?

Hello,

I joined ymmss in December of 2002, and have watched this organization build on the financial and business expertise of its owner, Kim Inman. In 2004, the company paid its membership (15,000) just over 60 million dollars. Please 'google' ymmss and see if you can find ANY complaints.

Rather than a FFA or safelist, the aim of the company is to build a highly interactive 'safegroup', one in which retail advertisers find a focused buying community, and members earn great money in return for their participation.

Yours in Success,

John

> 20,000 members joined an operation with this as a business model (from
> http://thispaysbig.com/):

> "The company is building a database of members who get paid to read
> ads (the members login to do this, so we know the ads get read), then
> corporate retail companies are invited to advertise to our membership for
> a fee, which is paid back to the members via the Commissions Payable
> fund."

> And what's the product? (Each one costs $10)

> "What is an EPC?

> Electronic Posting Credit. This is what you are purchasing -- it is the
> product on which our business is built. Buying 1 EPC means you have bought
> the right to post 1 advertisement or message to our safelist. Purchasing
> 16 EPCs allows you to post 16 times. This can be done all at once or
> spread over time.
> "

> Yeah, right. A closed universe of folks who have agreed to be blasted at.
> Another red flag to me: a straight line "matrix" that when you
> get to the bottom, you cycle back to the top, and the members constantly
> obsess about "cycle times".

> "Why should I purchase more than 1 Electronic Posting Credit at a
> time?

> If you want to reduce the amount of time to start receiving your residual
> income, you just purchase more Electronic Posting Credits per purchase.

> Your Money Machine Success System is really built on simple math.

> For every $320 of residual income per cycle that you want to create, you
> simply place another separate purchase of Electronic Posting Credits.

> If you want to reduce the amount of time to start receiving your residual
> income, you just purchase more Electronic Posting Credit per
> purchase."

> I wrote a little essay about the FFA industry a bit ago, that applies in a
> similar way to the safelist industry. It might bear repeating in case
> anyone is tempted to spend money on a scheme where advertising (either
> sending or receiving) is the only product. This operation at least doesn't
> spam, and they seem to control their members very well, so not all parts
> of this essay apply to the YMMSS:

> FFAs:
> They're a hellish invention that newbie amateur marketers confuse for
> legitimate on-line commerce.

> Imagine a nice, polite, Rotary breakfast networking meeting in a town
> where everybody knows each other and has to get along and they also
> see each other at the single church in town every Sunday. So they're
> polite as they ask each other how to do more business with each other.
> That's like most of today's net. [Yeah, I suspect this is an
> exaggeration. :-) ]

> FFA sites are like a domed football stadium, with the doors locked,
> everybody inside is selling something, there's nary a buyer in sight,
> and there never will be because each and every one of the 90,000
> people in the stadium at any instant is yelling their important
> message through a 500 Watt megaphone AT EACH OTHER. As some stadium
> inhabitants liquify from the noise and flow down the drains, they're
> replaced by more who teleport in, equipped with 1000 Watt megaphones
> because they're using the bigger and better FFA_Blaster_2001 because
> the old advertising was ineffective so they conclude the way to win is
> to YELL LOUDER! That's the FFA industry.

> The only winners are the spammers who harvest the poster's addresses
> (as if anybody's listening), or sell the spamware that claims there
> are 500,000 "search engines" to blast to.