This review is going to be about a website named SFI, the website is found on SFIMG.com. What is SFIMG.com about? Is it a scam or a legit opportunity? A pyramid scheme? Can you make a lot of money? These are the questions we are going to focus on in this short review. Ok? Here we go!
Product: SFI
Website: www.sfimg.com
Owner: SFI Marketing Group (Founder: Gary Carson)
Price: “Free”
Who is it for: People looking to make money online
Overall verdict: NOT Recommended!
=========================================================
Important to mention!
Before we go into this review I think I might as well tell you right away that SFI is a pyramid scheme and (in my opinion) a straight out scam. NOT recommended, especially if you are a beginner, and absolutely not if you don´t want to participate in a pyramid scheme. If you want to learn to make money online in an easy to understand, step-by-step program I suggest you check out this review of the exact same place I learned how to make money online instead.
If you still are interested in SFI the review will continue below 🙂
=========================================================
What is SFIMG.com About? (According to their site)
SFI was launched back in 1998. It started with 1 product, only sold in th US, now it has more than 90,000 products and services that are sold in more than 190 countries.
SFI was created to make it possible for anyone with a computer and internet access to be able to make money. Anyone (over legal age) can become an SFI affiliate for FREE and there is no obligations to buy anything.
You will get provided with websites to start promoting the products of SFI online and also support and tools are included.
You can also earn additional commissions by building (and lead) affiliate groups. (MLM pyramid scheme description in nicer words, and without going into depth how it really works)
What is SFIMG.com about (according to me)
The SFI site looked like a legit one when I first came in contact with the “sales page” of it (never judge a book by it´s cover) but as soon as I got inside of it and started to look around my expectations droped to a very low level pretty fast.
They have made a pretty good job trying to hide the fact that it is a classic MLM (Pyramid scheme)
You know, those kind of “businesses” that suggests you to sell stuff to your friends and family and become that person nobody likes 🙂
By the way, did you know that many MLM companies actually got entire teams that work online to clean up the reputation of the companies online?
Yes they do, because they get so many complaints online that they need a whole crew to work on this. In fact I am sure I have been “attacked” by a few of them on this site before when I have made reviews of other pyramid programs.
It would not surprise me if they “attack” me in the comment section on this review also, I especially thought about that when I saw that SFI have gotten the “prize” Bronze Member of the BBB (Better Business Bureau).
What that is? It is a website where MLM´s pay money to get some kind of fake award or a good rating. Yes, it is crazy that kind of websites exists, I know.
How SFI Works?
When I joined (for free) I immediately got the info that revealed their true colors, the MLM colors. I got the info (and steps) on how it was going to work.
First Step: You have to become an Executive Affiliate (and remain as one every month)
Second Step: Recruit at least 5 people to do the same thing as you
Third Step: Teach your recruits to do these 3 steps
It doesn´t get more MLM (pyramid scheme) than that!
SFI lures you inside with the “bait” of making you believe it is about affiliate marketing (you need to know it is a HUGE difference between MLM and affiliate marketing).
But in reality, what you will do at SFI is to start recruiting new people into it.
How To Make Money With SFI
There is four ways to make money within the SFI program (as listed below)
- Accumulating VersaPoints
- Generate sales at TripleClicks.com
- Sponsoring and Duplication
- Supplemental Additional Income Streams (Optional)
VersaPoints
You are going to need to earn a minimum of 1500 points each month to “get a cut” from the “money sharing pool”. Exactly what that means I have no idea of as it is not explained on the site… That is a BIG warning sign, of course.
The only info you get on that is this exact text:
“A huge 40% of the Commission Volume (CV) on EVERY sale at TripleClicks.com goes into the TripleClicks Executive Pool. Share in this big, company wide pool with a minimum of just 1500 VP a month!”
How much money are we talking about here? How is it possible to get 40% and where does the money come from?
Those questions are left unanswered to you… Hmm? Smells like scam.
So, how do you make this VersaPoints? Ok, first month looks easy, you will get points just for signing up, liking SFI on Facebook, etc.
But how about second month? Looks MUCH harder (to reach those 1500 points).
Another BIG warning sign: You will be encouraged by other members to buy TripleClicks gift cards (for the cost of $60 every month), to be able to get 1200 points each month. Then you still need to get 300 additional points to reach 1500.
Those points you can get by promoting products on TripleClicks IF you make a sale.
Generate Sales At TripleClicks.com
Here you can “earn money” if you generate sales. TripleClicks is a self-proclaimed E-commerce site. Not a very good quality one (in my opinion). There is mixed products to be found here, not to talk about the sellers… I am not saying that my English is perfect (I am Swedish) but I come out as an English professor in comparison with many of the sellers you will find inside TripleClicks 🙂
It is of course, possible to make money inside TripleClicks promoting some of the products, but I would not go as far as calling it a very lucrative opportunity 🙂
Here is the beginner advice you get to make sales:
- Try to sell to your friends and family
- Buy gift cards and give them away to friends and family
- Buy gift cards and leave them in the taxi, on the bus, or any other public transport
- Print and post flyers
- Etc.
Does that sound like an interesting online job to you?
You probably don´t want to be a pain in the ass to your friend and family in your quest to make money (from them) selling products.
By the way, 15% of all the sales you do is going straight to the owners of SFI.
Also your “sponsor” is going to take a cut from your sales earnings.
Sponsoring and Duplication
As some of your earnings is going to the people above you, also the people below you (your recruits) is going to make you money (when they make sales). This “matrix” is 12 level deep, that is pretty deep. This is MLM ladys and gentlemen and if you didn´t know it is always the people in the top (owners) and a small handfull of people who are going to make the big money. In any MLM (pyramid scheme).
Supplemental Additional Income Streams
If you want you can also recruit sellers to Tripleclicks and allow people to advertise on your site.
How Is The Support and the Training at SFI?
Before I signed up I was a little courious if they had the awesome support and training that the sfimg.com website claims. They don´t. The support is barely there and the small amount of training is (mostly) about how to sell the products on Tripleclick or how to earn more VersaPoints.
**Get REAL support and training HERE<==
Final Words And Verdict
Verdict: NOT Recommended!
Overall rating: 3/10
Sure, you can make money with SFI, it´s not going to be easy but you can. I call this a scam because SFI “pretends” to be about affiliate marketing and hide the facts that it is an MLM (pyramid scheme).
Also, it has A LOT of complaints online from former and active users, that is never a good sign.
I suggest you stay far away from SFI, I also suggest you stay away from any MLM in general as it is going to be very hard to make any sustainable amounts of money if you aren´t “in the very top of the pyramid”.
What You Can Do?
Instead of joining MLM´s online I suggest that you start working for yourself and YOU only, with a solid and safe business model that also is proven to work.
I talk about Internet marketing that not involves pyramid structures.
To learn that you need, of course, find a place that has good support and step-by-step training that is easy to follow. The best place I would suggest to start is Wealthy Affiliate. It has been online since 2005 and I know that if you stick to that program you will make money online. Once you do that it is all about scaling your business, to make more, until you reach your goals.
It can actually be a very fun thing to do as it teaches you how to build your business around anything you want.
Below I compare WA with SFI to clearly point out the difference.
I hope you found this review of the sfimg.com website to be helpful and now you should have a better understanding what it is all about. If you have tried it yourself please share your experience with us in the comment section below. Also, if you got any questions about this review I will be more than happy to answer them.
I wish you success!
Thank you for reading.
John
Owner of: StartMakeStopWaste.com
Thank you, thats was very useful information!
Thank you Aurelija! Glad you found it useful, that makes me very happy to hear.
/Best regards
I can see that you had a bad experience with SFI when you had a look at it. I have too say though that while I do agree that there is a large amount of MLM marketing (basically fancy name for pyramid) happening. That is only a very small part of the income potential that can be realized through SFI at the moment. They ARE actually quite the Affiliate Marketing powerhouse being coupled up with TripleClick as it has grown substantially and now carries nearly a million products available for purchase. There’s a little something for just about everyone, which makes it quite a bit simpler to find customers and make a commission off each sale. While a small % of everybody in your networks sale whom are under you also goes to you. They also now do Profit Sharing (V Points) along with another few seperate income streams that people can choose to take advantage of or not. Also I have to say that the training/reading that is provided now is second to none. There’s a huge amount of data available for a curious marketer to devour. Sorry had to say my piece as I just joined up recently and have seen nothing but progress so far, along with lots of satisfied people. It takes a little while to build up your commission to something that’s viable and nothing to scoff at but thus is life.
Great roll out of the various compensation methods with SFI & Tripleclicks… I am impressed Sean. Regards, Darren B. P.S. I think you are right about this individual probably having a bad experience and ripping them up as sort of a payback…
The information is not totally truthful. I was a member for 5 years before finally giving up and opting out.
SFI is a MLM/Affiliate Marketing hybrid. It is NOT a pyramid scheme which is illegal!!! Can you grow through sponsoring others? Of course, but it is not required and commissions are not based soley on signing up others. There is no limit to how many people can be on each level.
I don’t recommend SFI unless you are a seasoned marketer. Their forum is totally controlled by bias and unfair moderation, so if you don’t talk sunshine and rainbows your posts will be removed.
thanks very much I was introduced into SFI by a friend of mine two months ago, and am at executive affiliate I have been suspecting this site and always ask my friend if he has received payment but he will always change topic. thank you very much for this wonderful topic. from this point I QUIT! SFI
THANKS AGAIN FOR YOUR HELP.
please is there valid online income that I can indulge into am very willing to start. I one you recommend does not accepts Nigerians and unfortunately am a Nigerian. please I will live to hear from you thanks.
Glad to hear that I helped you out Henry. The one I recommend does not accept some countries as a free member due to a high risk of fraud from some countries. You can join as a premium member though if you are serious about Learning this stuff. You can read the Review for more info: http://startmakestopwaste.com/the-wealthy-affiliate-review-2016-insider-information
Hope that helps
No one is supposed to discuss income for it is illegal to tell someone for they will expect to make what you make. When they could make either less or more.Duh… It is right here when you signed up in pretty much BOLD PRINT…
Not an attack, but not a completely accurate review either. I’ve been a member for 3 years, rules changed and I went from $400 a month to $14 a month now. It is mom and affiliate system , a legal pyramid, similar to Amway, herb a life, and other successful businesses. Your right they are not so clear and it took me 9 months to fully understand the system, you don’t have to buy anything, but you won’t grow as fast that way, and now with rules that many products can’t be shipped outside the US makes it more of a look for local suppliers and some countries are just very young and makes it hard to grow. Hope I helped to clear it. Your review is just too basic.
Thanks for your view on this, well I don´t know how hard you have been working on your online endavours but if you are only making $400 per month after 3 years… Hmm let me just say that your results could have been MUCH better… if it depends on the program or on your efforts I am not sure
Look at this instead and things will be MUCH clearer and the earning potential unlimited: http://startmakestopwaste.com/the-wealthy-affiliate-review-2016-insider-information
Hey John,
I can totally related to you on the being attacked part, I do reviews as well and I get threat messages from MLM bootlickers at least 2 to 3 time a week and they’re all very abusive, calling me names and stories to put me down. Only shows how we need to stand up to them and reveal more on what kind of people their members truly are, eh?
Personally for me, a real business is when we can convince people we don’t know to buy, NOT by pushing our products to our family, that would only push them further away from us and SFI is no different. Glad you took up the time to expose their schemes man, I hope you can save many people their time and money on btter things.
Wow another person that has issues with legit money making opportunities…. You people actually scare me not because I know I am making money and so are other people on my team and not being pushed in or buying stuff but, wow you must just have issues with keeping things real??? What are your qualifications to do any kind of review like, excuse my phrasing of this…. jerk that runs this review site that I stumbled on and he is an idiot…
Damn, another scam. I can’t believe this. I’m glad that you’ve exposed their hidden agenda. They’re hiding the fact they’re MLM Pyramid scheme. This is not good at all.
I really hope that people won’t fall for this trap and actually purchase their services, this is scandalous. I definitely don’t want to earn a minimum of 1500 points just to get cut. Thanks again for sharing this and exposing them. I wish you good luck on your journey.
You are clearly an idiot sci is no primamid scheme I earn earn money every single day and have given up full time work you do not have the mindset to be successful i pity you.
Thank you for your comment 🙂
/All the best
Please iam just a new person look forward to online business if there’s anyone iam already a member of sfi hopefully to succeed
I can truly see that it is a scam work, an unknown person introduce it to me. I earned 1389 Versa Points the month is getting end and the group leader is forcing me to buy Tcredit in order to get the rest of the the Versa Points. Initially I accepted to buy it but the way he keeps sending a message to remind me make me vigilant. Thanks for the review.
Thank you for this, am sure your comment will help others,
/Sincerely
Ouch! Another pain on my conquest of making money online,..I start trying to make money online when i was scammed by jobdouble.com,..I was ashamed because I drag too many people in that scam,..I try to rise again from humility, I do research on how to really make money online,so then I start with microjobs,until i read an article in forbes about WA, I was hooked, and so happy, I wanna do this I want to live doing this,I want to be just like her..,positive thoughts flowing into me,..but when I try to sign up, our country is not fortunate to be a member free, what should I do,I am poor,..I cant afford the premium,..Then again maybe theres other affiliate marketing too,with one click I saw SFI,without a review,I sign up,work hard as i could,(anyways i have a 6am-6pm daytime job),but weeks past,I started to think success seems unreachable in SFI to a poor country like mine,how can me or my friends afford to buy on tripleclicks,I begin to think,am I on the right track? I finally search for a review.,word by word,content per content, tears start to flow,yeah you were right, every inch of it.. I was again a failure…But I am honestly grateful, maybe the internet kind of thing is not for me…If theres a good people reads my story, dont pity me,Im still positive of what I want to become…
Sorry for my english, Im a filipino,its not my native language…
To the author,
Pls dont stop exposing those deep s**ts.
The SFI program training is excellent very understandable. But, I had a very racist mean Sponsor.
I had a serious problem with my recent Sponsor she was very disrespectful and saying racist things like I am from Pakistan. I find that very offensive. We had a really heated conversation. I just hope most of the Sponsors are not like her on the SFI network.
Reported Sponsor for being racist : Her name is: Pejkovska G. Irina
How can people actually believe your reviews when there is a conflict of interest. I have seen other reviews from you guys. Normal routine, say something nice, start saying the bad and end up with it is good but this is better. You are full of s..t.
First of all, thank you for your comment.
Keep in mind that “we” are always on the consumer’s side, so we review them from their perspective to guide them into what we think is the best alternative for them, sure SFMIG might be good for some people, but my belief is that there are many more other “easier rides” for just anyone to start making money online :o)
Thank you again for your comment :o)
/Sincerely