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Online Home Based Business Opportunities That Dupe Customers

The Web has advantages and disadvantages when it comes to online business opportunities. Thanks to it, more and more people can earn money without leaving the comforts of their own homes. Nonetheless, there are some online business opportunities that exploit the Internet.

Some people bite into the bait because the offers promise esteem, high income, freedom and the good life. Remember what our parents used to tell us: “If it’s too good to be true, it probably is.” Soon enough, if you continue reading their advertisements, there is a catch. For a fee, they can set up a site for you. But do not be fooled – this is sponsored by a company, has a duplicate Website and an obvious so-called opportunity. These are what the US Federal Trade Commission call Dot Cons.

The real business of these dot cons is not the products or services you have in your mind. It sells the concept but dupes the customers who bite into their baits. By law, generally in the United States, no one can profit from this kind of opportunity. The fees, commissions and recruiting process are schemes entirely.

This is illegal networking or pyramiding. Dot Cons are tangible websites which convince those who sign up to re-sell their services and their products that are not credible to begin with. Take note of this point: What looks like re-selling is repeatedly distributing the products and the services.

Online business opportunities dupe the customers if it is a twisted scheme of what is known as MLM or multilevel marketing. This is a kind of network marketing that sprouted from EMM or exact method marketing. It is said to have been a revolutionary idea which eliminates the flaws of EMM. But the reality of it all is that it is the hyped-up and refurbished version of the same scheme.

Both MLM and EMM use pyramiding in order to re-sell the pyramid by exploiting loopholes and recruiting those who want to work in their homes. These networking markets follow formulas that are doomed for failure if no one buys into what they are offering. Unfortunately, they are so good luring people in that these businesses succeed instead.

Dot cons are online business opportunities that are not wholesalers even if they claim to be as such. They are mere middlemen who do the distributing and their so-called customers help them in getting the cut that is not supposed to be theirs. These Dot Cons use the credibility and borrow the reputation of notorious franchises, institutions and merchants and convince people that they were referred by these establishments.

You must remember that affiliate deals are everywhere in the Internet and not just anyone with net access can get it for free. This proves that Dot Cons are middlemen who get an extra cut from the transaction between those they were able to lure in and the franchises, institutions and merchants they claim to have an affiliation with.

Be smart and hesitate in submitting private information to these sites. These online business opportunities may sound too good to be true. Follow your gut. They often are.

Online Money Tree provides tips and resources on how to make money online. New and aspiring internet entrepreneurs can find some great ideas and advice on how to start a small internet business from home.

For more information visit www.online-money-tree.com

For more information visit www.online-money-tree.com

Article Source: ArticlesBase.com - Online Home Based Business Opportunities That Dupe Customers