This review is all about the Unlishop E-commerce Advertising. Do you want to know if this online program is legit or just a scam? Are you wondering if you can really earn from this company? Well, I highly recommend that you read this review in order to learn more about it.
What is Unlishop?
Company Name: Unlishop E-commerce Advertising
Owner: Ryan Hemady
Price to Join: Php 1,000 ($20)
My Rating: 4.5 out of 10.0
Unlishop claims to be an e-commerce platform that is also involved in advertising, affiliate marketing and digital products business. They allow people to have their own e-commerce store for selling products.
You can also promote your products and services on their platform through advertising. They have a small line of products as well that include perfume, jewelry and health and wellness products.
The founder of this company is Ryan Hemady, and he is also serving as their CEO. I could not find much about him other than the fact that he was involved in another scam named Paycheck.
This is not a good sign at all because most people who get involved in one scam continue to get involved in other scams as well.
In this Unlishop review, we will see if this platform is what it claims to be. By the end of this review, you will find out if this platform is worth joining or not.
- How Does Unlishop Work?
- How Much Does It Cost to Join?
- How Much Can You Earn?
- Are There Any Complaints?
- Bottom Line
How Does Unlishop Work?
Unlishop platform operates as a mixture of affiliate marketing, social media, advertising and e-commerce. Let us take a look at the compensation plan before we discuss anything else.
Ways of Earning
- Welcome Reward
- Daily Download Bonus
- Unli Online Shopping Voucher
- Direct Referral Bonus
- Matching Bonus
- Profit Sharing
- Royalty Reward
- Global Bonus Pool
You will get a reward of Php1,000 once you have successfully activated your account. Obviously, you will have to spend money to activate your account.
Daily Download Bonus
This bonus is paid simply for downloading an e-book per day. You will get paid Php100 per e-book download.
You can only download one e-book per day and earn for a maximum of 10 days. Hence, your maximum earnings would be Php1,000 from this bonus.
Unli Online Shopping Voucher
You will get a shopping voucher of Php1,000 every month which you can use on their e-commerce platform. The problem is that their e-commerce section is not working, so the voucher is useless.
Direct Referral Bonus
This bonus is paid when you refer someone. You will get paid Php100 per direct referral. There is no limit to the number of direct referrals that you can have. You will also get paid on your indirect referrals.
The compensation plan pays Php15 per indirect referral from 2nd level to the 15th level.
You will earn Php200 when your right and your left sales team are matched. You can earn from up to 40 pairs in a day. So, you can earn as much as Php8,000 per day. The compensation plan also allows you to earn 10% of the matching bonus earned by your direct referrals.
The compensation plan allows you to earn a share in the income of the company. You can earn as much as Php1,500 per day. It is not clear how your earnings are decided or if the earnings are distributed equally among the members.
You will earn Php20 for every purchase that is made through the shopping voucher by people on your 1st level up to the 15th level.
Global Bonus Pool
You can earn in the range of 2%-15% from the global pool of the company depending on your rank. You will earn this bonus quarterly.
There are other rewards such as trips, car and mobile phone.
The e-commerce section is not functioning, and they are still paying money to people just for recruiting others. This is certainly a pyramid scheme that is all about recruiting people to earn money.
All the businesses that are mentioned on the website are just meant to confuse people and make this opportunity look legit.
The only thing that you can buy from them is the opportunity to earn money through the compensation plan. The owner’s history is another red flag that shows that this is a scam. He used to promote a scam, and he has managed to become the owner of one.
The compensation plan pays you a lot of money just for recruiting people and nothing is paid for the sale of the products and services.
Even after several months of coming into existence, their e-commerce section is still not working. Even if it starts to work, I don’t think that it will be active or do well.
The focus would still be on recruitment as the compensation plan is all about recruitment.
How Much Does It Cost to Join?
Based on my research, you can join for free in Unlishop, but you will not be able to earn for free.
You will have to spend Php1,000 ($20) to start earning from this pyramid scheme. It is not a lot of money, but it is still not worth wasting your money on a scam.
How Much Can You Earn?
After you have paid the activation fee of Php1,000, you will have to reach the minimum first payout amount of Php3,500 to withdraw money. You can earn Php2,000 from the welcome bonus and e-book downloads, but you will still have to earn Php1,500 to withdraw money.
You will be forced to recruit people to earn that amount. This is just another clever tactic to ensure that you end up recruiting people.
I don’t even know if you will get paid. If the scheme doesn’t do well, then you might not get paid. The owner will just take whatever he can and stop paying people if the scheme fails to do well.
If it does well, then you can get paid for a while. You would just have to recruit people who do the same.
You have to form a giant chain of recruitment to earn a lot of money through this scheme.
If the scheme continues to run for a few years, then you can end up being pretty rich. However, you might get into legal trouble if you end up being one of the top promoters.
I think that most people will not recruit well enough to earn enough money. Most people might lose money and quit in the long run. So, your chances of earning a lot of money are really low unless you know how to recruit a lot of people consistently.
Are There Any Complaints?
No, I could not find any complaints. I have a few concerns that I have listed below.
The focus is only on recruitment.
I am not sure if you will get paid.
In my opinion, Unlishop is a scam. It is similar to scams like Paycheck that also focus on recruitment and try to confuse people through their website.
Unfortunately, scams like this one are becoming common, and a lot of people end up falling for them. They get approached by friends or family and end up wasting their time and money.
I hope you stay away from this one. Good luck.
- Scam or pyramid scheme
- The owner was involved in another scam
- E-commerce section is not working
- Focus on recruitment
How Can You Earn Money Online?
It seems like you want to join in Unlishop because you are intrigued by the earning potential that it offers to its members. It also feels that you just want to have another source of income that can help you in paying for your bills and expenses.
But let me tell you that not all online platforms are legit. It may seem that they offer some valuable source of income, but you should make sure that they operate in a legit way. You should be careful in choosing the programs that you invest your time and money.
On the other hand, if you are still looking for a new source of income, then you can also take a look into my personal favorite choice.
My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. What I like about it is that it doesn’t require any selling or recruiting.
Right now, I am on my third year in this type of business and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about Unlishop, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!