Banners Brokers is a ponzi scheme ~ Objections and Answers
Banners Brokers, Objections and Answers
Sometimes, I see comments from people who believe that this is nothing but a MLM program or a pyramid scheme or a ponzi scheme or a gifting program or that it’s network marketing.
Generally, these types of comments come from people who have briefly looked at the system and decided to form an opinion based on pre-conceived notions.
Every day we get slammed with the ethics and the feasibility of pyramid schemes or MLM programs and this has captured some of our minds so completely, that anything which remotely resembles such a scheme is branded as a scheme and is judged to be never looked at again.
The other type of person is one who has previously been fully submersed in negativity for years on end.
When a legitimate opportunity arises, his mind is still set to reach a certain height and that is known as his “ceiling”. He cannot think or go beyond that ceiling no matter how hard he tries because of the years of negativity which conditioned his brain. He is effectively brainwashed to think that certain things which look like ‘so and so’ are BAD and should not be approached under any circumstances!
This puts him on high alert and he is always on the lookout for such things. When he comes across something which may resemble it, he’ll condemn it without even looking into the intricacies of the system or program.
I come across these types of people occasionally and it still continues to amaze me how after seeing themselves reject opportunity after opportunity, they still don’t get what’s holding them back.
This negativity and short-sightedness makes this person miss hundreds of opportunities because he dismisses each of them as “schemes” or “fads” or finds some other fault with the program to justify his continuing failure in life.
This type of person would even reject taking $100 from a person who simply walks up to him in the street and offers him $100 with no strings attached. Yes, there are such people out there who think and believe that there is always a catch. This helps justify the pre-conceived notion that you have to work your guts off to make a decent living.
If you give him a real legitimate answer to his concerns, he still pulls in obscure, far reaching scenarios to justify his rejection of the program. He will break every answer with an even further-reaching scenario whereby you have no choice but to let him dwell in his ignorance and pre-conceived notions.
He is known as the pessimist. Here is the definition of pessimist:
A person who habitually sees or anticipates the worst or is disposed to be gloomy.
There will always be people who will look at everything with the worst possible outlook. Everything they see, they feel that it’s no good. The world is all gloom and doom. Nothing ever goes right.
These people are always looking for the bad in any situation rather than looking for the good.
For example, if they meet a person for the first time, they immediately start to look for flaws in him or his character and this is the thing they tend to remember about that person. But they will quite easy forget the $150 he just handed him because the flaws of that person take a front seat in the mind of the pessimist.
Yes, even if someone was to hand the pessimist some money with no strings attached, he will still look for a reason thinking that there HAS to be a catch.
If he can’t find a catch, he will keep searching. This is a very cynical view. He believes that no one does something for free. He believes that the giver is doing it with an ulterior motive.
The truth is, the world has a lot of good in it as well as bad. By focusing on the bad alone, you start to believe that good doesn’t really exist.
This holds especially true with phrases like “It’s too good to be true” or “nothing in this world is free”.
Other than the obvious wrong with this way of thinking, the side effect is a poor attitude.
No one likes a person who’s always thinking the worst of everything even if you do good by him. Eventually, this pessimist will alienate everyone around him.
Imagine if you went out of your way to help someone from the goodness of your heart, but the person you helped, turned out to be a pessimist and a cynic.
He never really understood why you did what you did and didn’t appreciate the effort you put in because he believes you did it to help yourself. He believes that no one does things to help others. He believes that that there is ALWAYS an ulterior motive.
Imagine how that would make you feel. You are doing your best to help him and he is outright rejecting you and your efforts. Doesn’t that just piss you off?
I sincerely hope you are not the type of person described above. If you notice any of these qualities within yourself, take a step back and re-evaluate your whole perception of opportunities.
Now let’s deal with some of the specific objections or queries related to banners broker.
Most of the objections arise due to a misunderstanding of the business and how it works. When someone objects to a business opportunity, without even understanding how it works, who do you think is the dumb person in the equation? The general rule is: If you’re going to make an objection, make sure you know what you are talking about before making yourself look silly.
OK, let’s start with the objections.
Objection: Banners Brokers is a ponzi scheme!
I could deal with this from my own understanding of the word ponzi, but let’s take the wikipedia definition of a ponzi scheme and go through all its points, one by one. This way, you can rest assured that those that want to believe this as a ponzi scheme, have no legs to stand on.
Here is the wikipedia definition…
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
The system is destined to collapse because the earnings, if any, are less than the payments to investors. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.
Now let’s go through it, bit by bit and analyze Banners Brokers.
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation.
Banners Brokers pays its agents a share of the revenue it receives from advertisers who buy impressions from them. Banners Brokers does not pass on other agent’s money on to other agents. It all comes from the money paid by outside advertisers.
The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
Banners Brokers does not promise quick return and nether does it give abnormally high returns.
If you buy a panel, you would get only twice the amount you paid for it (not abnormally high) and it could take anywhere between 20 days to 10 months depending on the type of panel you buy. This proves that Banners Brokers is not a get rich scheme. It’s not short term because the time for a decent return could take ages. You have to be prepared for this as a Banners Brokers agent.
Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
Remember, with Banners Brokers you don’t get high returns. You get slow consistent returns.
Furthermore, new agents with Banners Brokers are not needed for you to make money from the system. Your Banners Brokers income is completely independent to new people joining banners broker because your income comes from the money paid by advertisers.
The system is destined to collapse because the earnings, if any, are less than the payments to investors.
This is a normal business where the money paid by agents is not needed to pay other agents. The earnings are far in excess of the amount needed to be paid to its agents and this is proven the company growing on a massive scale. Banners Brokers have offices in many countries and are always expanding.
Banners Brokers has enough money to pay their agents and then have a hefty profit on top of that.
Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.
Banners Brokers has been going since 2010 and has no problems with any of its business ethics or its business model. There is no investigation because it doesn’t even fall near the description of a ponzi scheme. If it did, you’d hear about it somewhere or other.
Currently, Banners Brokers has over 15k agents and that number is increasing rapidly, day by day. Don’t you think that if it was in the least bit illegal or unethical, the news would be plastered all over the media or the Internet?
Banners Brokers is a legitimate firm and is currently making all the right moves in order to become tax compliant in all the countries it serves. Would an illegal operation even think about doing that?
After reading these answers, does Banners Brokers still seem like a ponzi scheme?
Objection: Banners Broker is a MLM system or a Network Marketing System or a Pyramid Scheme.
With some of these schemes, there are elements of legality as well as ethics involved.
Some of these are not allowed and yet they still operate.
In these schemes, the person who started the scheme generally makes the most money as cash is funneled up to him by all the sales that go on below him, while the people at the bottom lose out when they cannot recruit anymore.
If you want to look at the definition of how an MLM company operates, read this well researched article here.
With banners broker, there is no one person at the top collecting the money from the poor souls at the bottom. Every person is responsible for his/her success including the company. Yet, the company has made it possible for itself to benefit along with agents who can benefit using the unique model they have devised.
Some people object that you’re just passing money from one person to another and no real product exists. Once again, due to a lack of investigation, this is also untrue.
You indeed receive ad impressions for your money as well as a panel(s). That is what you buy. It’s just like making a normal transaction to buy advertising but with a clever added twist.
Along with your impression purchase, you also receive a few ad spots (panels) on other people’s sites. This is the part of the business that helps you make money.
If there was no product, this program would indeed be unethical and possibly illegal.
What about the saturation/flooding dilemma? Think about this: Can any program be saturated to such an extent that the whole world would be in it? It’s possible in theory but practically impossible. Currently, banners broker control thousands upon thousands of publisher sites with several thousands more in the queue waiting to be approved by them. Furthermore, if you look into the business model, you’ll understand why these ad spots can’t run out – they expire!
There will always be people on the face of this earth that will buy advertising, and if these people run out, there will always be a new population which will arrive and buy advertising. There is practically no such thing as saturation with this. Existing advertisers continue to use banners broker for their advertising needs while publishers continue to use banners broker in order to continue being paid.
Furthermore, refusing to join a program because of fear of saturation, by that logic, you can’t start any business in the world as eventually, theoretically, there would come a point when it saturates.
Now what about the payment structure. Doesn’t that resemble the structure of Network Marketing or MLM?
The reality is no, it doesn’t even resemble it. The only reason why people may think of it as a MLM or Network Marketing program is because there are thousands of people gathered together under one company in order to make money. Just because of this event, people like to brand it as a MLM or NM program, whereas in reality, it’s nothing of the sort. Just this resemblance is enough to throw these pessimists into a fit and start complaining of stupid schemes.
But the fact is, banners broker operates a structure so that no one at the top is getting rich of poor people at the bottom. In this, anyone can exceed anyone else, even the guy who referred you to the program can make less than you.
This again is completely against a network marketing/MLM model by its very nature.
Objection: This seems similar to the old autosurf scam
This is nothing like an autosurf program in any way. You don’t need to surf any sites and you don’t receive a daily return on your investment.
The autosurf scam used new member’s money to pay the older members, whereas in banners broker, the money paid to its agents comes from banners broker’s profits, which in turn comes from advertisers paying them directly.
Objection: Who are the advertisers? I can’t see them.
If banners broker doesn’t disclose their advertisers, it doesn’t hurt anybody. It makes no difference to the business in any way or to the money that we receive. If a company wants to keep things private, that’s their business.
What difference would it make if it disclosed its advertisers? They would only decrease their business if they did so.
But I’m struggling to find out why that would be a concern to anyone when it has nothing to do with anything regarding making money.
Other Objections
I’ve seen some other objections but these objections were made from the type of pessimists and cynics I have described above. Their objections held no weight and were blowing steam in order to justify their own failures.
Now here’s the million dollar question. If one of these brainwashed individuals reads this post and reads all my evidences against the common objection, will he still remain stubborn and true to his limited ceiling height, or will it suddenly come down on him as a revelation and he fights his way through the years of conditioning and programming which makes him see all programs as schemes? Will he break free of the tight fist which has kept him caged into a virtual prison in his head? I’ll leave that to you to answer.
So, the purpose behind this post is to point out the narrow minded views of a few individuals who can’t see far. It’s frustrating to try and convince these people of the good in the program when their own brains have put a halt to receiving such information.
Ask yourself, are you one of these individuals?
After you are familiar with the whole system, you may be interested in learning about strategies to make more money, faster.
If you want the best chance at success in your Banners Brokers business, you need to learn Attraction Marketing principles. Click here for a free 7 video training series on attraction marketing.
By using attraction marketing, learning a few marketing skills, and leveraging the power of the internet, you can succeed where the other 95% fail.
Imagine not having to buy leads, make cold calls, or even having to try and sell to your friends and family. What if you could easily start attracting people to you who are eager to learn about your business and may buy from you even if they don’t join your business?
Align yourself with someone who can help you create your marketing strategy, keep you focused and improve your quality of life. Every minute you delay is costing you and your family precious time and money.
Get the online system that will help you close more professionals into your business, generate more leads, earn additional commissions and make more money on autopilot.
Just imagine how amazing it will feel when you have prospects calling you instead of you chasing them.
Click Here ==> Get Your Hands On This System RIGHT NOW!
Call or email me…
Everyone else does… 845.213.4337
OR
Log In FREE for more info
I can help you get real results with my proven system…
Ethan The Marketing Pro
Banners Brokers
. Records are clean…
Ethan, The Marketing Pro. 