I registered for this program 2 years ago and paid almost two thousand dollars for the registration. These guys are just interested in your money. They make promises that are unrealistic. After doing everything they asked me to do, I fell into depression because nothing good was coming out of it. They would keep expecting you to buy more products so as to make it easier for you to sell. And their customer support is next to zero.
I gave up on online business and focused on my job after a painful experience with them.
PZ
Pink Z.
Bad company to do buisness with
This system like so many others like this. Gives these people more money from harding working indiviuals like myself with out actually doing the system there selves. When you ask for a refund they refuse you because you didn't jump through there hoops to make it happen. I saw from right off that this wasn't the best program to get involved with. They have almost a $1000 of mine they refuse to return.
CD
Cynthia D.
Ecom drop ship business - buyer beware
Please be careful and ask questions.
The business purported to be a hands free, drop ship opportunity with 38% profit margins, selling novelty mugs, T-Shirts, etc, on-line. They claim to provide a fool proof system that does all the work. The Seller’s only job would be to come up with about 900 catchy phrases, post them on their program and keep them coming, while waiting for the cash register to ring.
Upon deeper digging, I found unsettling information that could have caused a serious financial setback and a large commitment that I feel was undisclosed during the the promo/proforma meetings and webinars that I attended.
I also found that the numbers as reported, could not be relied upon as each coach had a different set of base line costs and profit percentages, therefor leaving major doubt as to whether or not you would ever be able to recognize a profit with this system.
Meantime, the moderators from each session added more unexpected and hidden costs with each session. The biggest surprise was the slip up when a moderator responded to an email question of mine:
We were told we did not have to buy any inventory. No up front costs.
However, the moderator responded that the Seller’s (us) would have to front all of the costs of sales- including inventory , packaging, handling, shipping, listing fees, etc., virtually as soon as the product was purchased, as it would immediately be charged to the credit card that we are required to keep on file with the company.
This is the first I heard of this.
The kicker is that it appears that you are only paid at the end of a month or 30 day cycle ( unclear)
So, bottom line - if the touted sales projection of 20,000 in gross sales this month actually happened ( per their several claims), the credit card that they require you to keep on file ( which was not disclosed before contract), would automatically be charged as much as 81% of your gross sales- at the point of sale- if you go by their last proforma estimate of a 19% profit margin. Which by the way, dropped significantly from its original starting point at 38% - at the contract signing.
Leaving you potentially holding a fairly large bag- not knowing when you will actually be paid, and what ever else might be deducted, such as charge backs.
It also appears that you are solely responsible for customer service, so if there is a complaint, you may be expected to refund the whole transaction, through no fault of your own- even though you may have only netted 19% or less.
They claim that you are not building a brand, so there is no repeat business, but you must keep your reviews good or it may be grounds for termination. This left me scratching my head.
The way I read that, is that the Sellers ( us) must bear all the responsibility for the expenses and damage to their reputation if Low Hanging Systems, Inc- partner/affiliate, Gearbubble, fails to deliver, deliver on time or sends a shoddy or broken product.
There doesn’t seem to be any incentive on the company’s part, to ensure that the Seller’s reputation and purse is not damaged.
I was quite astonished to find that many of the company’s policies, procedures and required financial and legal commitments were not fully disclosed until after the initial deposit phase, and that the proforma cost and income projections appeared to drop radically.
