IS SOCIAL CASH ROBOT A SCAM?

in #steemit8 years ago

 

WHAT IS SOCIAL CASH ROBOT? (SOCIALCASHROBOT.COM)

Social cash robot will apparently earn you money while you sleep. (Hmm…heard that one before).The key way that you make money is by buying shares, each share being $49.  This buys you a position – you can buy as many as you want.Then, whenever social cash robot makes money, you get a small percentage of the profits.

HOW DOES SOCIAL CASH ROBOT MAKE MONEY?

This program works on the basis that it provides companies with an opportunity to expand their business via social media, (I query this idea more later!).This is through providing things such as likes and shares, twitter followers, retweets, google plus likes and so forth…They sell these opportunities to businesses for a profit.So, when a business purchases a social media package such as facebook likes/shares, paying members of social cash robot, also receive a cut of the profit.Ultimately, they always need business in order to be generating profit and if that dried up, no money will be made by anyone.This program was started in February of 2016, there isn’t  a super amount of information to be found on the website itself.So, to find out who the owners actually are, you have to do a bit of investigation and the creators appear to be called Paul Bertram and Chuck Sperry.There should be transparency when it comes to make money online sites, because of the sheer number of scams out there.When there isn’t, it’s an extra reason to be cautious and is an immediate red flag.

HOW CAN YOU MAKE MONEY WITH SOCIAL CASH ROBOT?

Red flags aside, there are several ways you could potentially make money with this program, including –

  • investing in shares, (revenue sharing) and earning a share of social cash robots profits.
  • Referring other people on to this program, creating a downline and earning a commission for those you refer and those that your referrals refer, (MLM related).
  • Making money with PTC, (pay to click).

I will go into these opportunities in more depth in a moment.

SOCIAL CASH ROBOT: ON ARRIVAL

When you arrive at the homepage for this website, you’re told how you can make thousands on autopilot from signing up.However, you need to give your email address before you can learn more information.This is a common tactic and means your email address will be used for marketing other products to you and possibly sold to third parties as well.Nevertheless, I signed up for you guys to check it out.Upon signing up, you enter a membership page where there is a video and this vaguely describes what this program is about, but is not very thorough.It’s then up to you to check out the tabs on the left hand side of the membership area and explore ways you could make money.These ways are as follows….Rev Sharing:In a nutshell, the main concept behind this system is Rev sharing – each share you can purchase for $49 and they claim each of these shares alone could provide you with a lifetime of passive income.Obviously, the more shares you purchase, the bigger your potential earning potential could become.Recruiting Others:You can also recruit others to join this program too and social cash robot certainly hopes that you will.You can pick up your affiliate link to this product once you sign up, whenever someone uses your affiliate link and signs up to the program, these are your referrals.If your referrals purchase anything, you can gain a commission.  The commission works out as follows:

  • 10% commission for every purchase your referrals make, (these are your level 1 referrals)
  • 5% at level 2: you also get a percentage of what their referrals make.

While recruiting others could certainly make you more money in the long run, finding people to recruit isn’t so easy.Social cash robot give you zero training to do this, but point you in the direction of highly dubious such as traffic monsoon (revenue exchange/traffic exchange/PTC site!).They are simply pointing you in their direction so they gain a nice commission, which will only make them money if you sign up and will not help you out!If you really wanted to partake in this sort of program, some internet marketing knowledge would be beneficial, so that you can go about gaining referrals in a more effective way.CASHCLIX – PTCFree members can make money this way, without buying any positions.You get paid for clicking on other members ads.Why you’d want to bother with this making $0.01 per click is beyond me really.You could make more money, (pocket money wise) on a bunch or survey sites.While I don’t recommend survey sites for making any decent money online, you can check out my top 5 here for making small amounts.

CHECKING OUT THE EARNING DISCLAIMER:

It’s always worth checking the income disclaimer for any make money online sites to get more of a realistic picture, (often found in a link at the bottom of the website).Often a site will appear to be making massive promises and implications, regarding how much money you can make for the least amount of effort.Yet, in reality, their disclaimer will make it quite clear that they are making no claims about how much you can really earn.As you can see above, they say they make zero implications and so forth, about your future earnings, (but it certainly felt like they did, didn’t it?).They also go on to talk about risk factors… when on their actual sales page or anywhere else, there was no implication whatsoever that you are under any risk of losing your money.They claim that you can make “1,250” while you sleep.  It certainly sounds like they’re implying that would be an easy accomplishment for you.Always take any hyped up claims with a GIANT pinch of salt.

WHERE IS THE MONEY REALLY COMING FROM?

Social cash robot claim that a majority of their money that they will be sharing with other paying members, will be coming from their business of selling social media likes and shares to businesses.The reality is, the majority of their money will probably be coming from people being recruited on to the program.So, what they are relying on, is people like you recruiting people on to the program and those people buying a bunch of shares, (for $49 each).Then the money that comes into social cash robot via this recruitment scheme will be paid out to paying members.They can’t market it this way however, because then social cash robot would simply be a recruitment scheme with no tangible products nor services on offer.

PROS VS CONS

PROS

  • Free to join
  • Various ways to potentially make some cash.

CONS

  • FALSE CLAIMS: $1,250 per day, while you sleep.
  • They claim $49 can bring you in a lifetime of passive income – I doubt this site will be in existence within the next few months, let alone a lifetime.
  • These systems will always collapse in the end and most do not last long.  They rely on members joining infinitely in order for the older members to still be paid.

CONCLUSION: IS SOCIAL CASH ROBOT A SCAM?

While I can’t say with total certainty that social cash robot is a scam, it does exhibit many warning signs and you should tread with caution.Yes, you could potentially make some money with this program.  However, the hugely inflated income claims are completely dishonest.To make anything like the money they suggest, you would need to be bringing in thousands of referrals and these referrals would need to convert into paying customers.this isn’t an easy task and the traffic exchange programs they’ll recommend to you are pointless.Revenue sharing programs have received a lot of attention in recent years and it’s easy to see why – generally they promise a big payout from a small investment and minimal effort.Many have been found to be scams after the creators shut up shop and do a runner with all the money.They then start up a new site and begin again.Social cash robot say that you can make passive income through social media…but this program has zero to do with social media.It says you can make an automatic income for life…this is just a false statement, this programs never last long.They will just say whatever they want to get you to sign up and invest money into their program.In my view, spending any money with them is high risk and they are untrustworthy. 

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