Tuesday, July 03, 2012

Is Global Pinoy Remittance and Services Inc. a scam?

Some of you might have heard about GPRS or Global Pinoy Remittance and Services, some might have been invited to attend seminar or orientation. Most of you might be thinking, is this another one of those pyramiding scam? MLM Business is actually legal in the Philippines you just have to distinguish which company is legit or illegal.

Global Pinoy Remittance and Services is a Filipino owned company. The owner is Mr. Emmanuel Pascual, accountant by profession with different businesses aside from GPRS. He has also been in the Network Marketing industry since 1998. He started to put up GPRS in 2006, it offers different services which is Money Remittance, Bills Payment, Domestic and International Airline Ticketing, Unified Loading and Travel and Tours. GPRS has its own IT provider which UNLITECH Solutions. GPRS has legal documents to from SEC and BANGKO SENTRAL ng PILIPINAS. The company open its doors in franchising for entrepreneurs who wants to have the kind of system that GPRS offers. It has 700 ++ local and international outlets and still growing. 

In 2011, GPRS started its marketing arm called Unified Products and Services (UPS). UPS is the network marketing side of GPRS. Instead of spreading the company's existence through traditional advertising, paying top commercial models and advertising companies, he used network marketing as an advertising tool for his company.Mr. Pascual wanted to share his business to entrepreneurs with small capital by being a dealer of GPRS. By being a dealer you can start having GPRS services and system right away at a very affordable price.  Dealers can use the services for personal use and extra income. Dealers spread out the system to other people by sharing them the opportunity of being a GPRS dealer and continue advertising it. As a dealer and advertiser, GPRS gives bonuses and incentives to the dealers in return. The companies system is easy, reliable and convenient to use and majority of its dealer are OFW. For the main convenience that it gives through sending remittances to their family. 

Global Pinoy Remittance and Services Inc. is a traditional business just like a simple Sari-sari store around the corner. A franchising business like the popular fast food chains. A network marketing business opportunity for every Filipino with small capital who wants to have their own business. It is an all-in-one business company opportunity for everyone. 
Now let me define what is pyramiding, pyramiding actually came from the binary model that is usually used by MLM companies. The model of a binary system that looks like this:

The binary system works by recruiting two person as your downline. From that two person they will also recruit two person for their downline and the recruiting goes and depicts a model that looks like a pyramid. The question is what does this member gets from recruiting? For every person that they recruit they get incentives or bonuses from the person that they directly recruit under their network. Some companies even offer incentive for indirect referral added within your network. Another question is what does the new recruit gets from being a new member? This is where some scam takes place in recruiting. Wherein some people makes promising offers that is not offered by the company. Some may not render any products or services that is promised by the recruiter after recruiting the person. Some companies may not have proper documentation or permits to present in the first place. For the complete definition of the bill concerned with MLM Business and distinction from a pyramiding scheme read the Republic Act No. 7394.

Pyramid scam are companies that doesn't have proper documentation, doesn't give any product or services that is equivalent to what you have invested. A company that doesn't have an office. A company that doesn't have reliable system to start with. A one-sided company wherein the company benefits the most from the efforts of its member.

Is GPRS system a scam? GPRS has more than 15,000 dealers globally, a little key note to those who says it is a scam. If the system is not working or a scam then the 15,000 dealers who are using the system should have complaint already. Electric bill is the main utility bill that every household is paying monthly right?! Those 15,000 dealers are paying their utility bill using the system, if the system is bogus then those 15,000 dealers should have complained already because their payment wasn't posted to the electric company. They have been using the system for months. With airline ticketing, if transactions are unreliable or bogus then a lot of people have complained also because they we're denied at the airport. Those are just simple things to think about first before judging the company. The system only becomes unreliable due to people who didn't learn how the system is used or how it works. Any business-minded people knows that to do business you should know it first, study how it will work and not just jumping into a business without any knowledge. 

For more information about GPRS:

Thursday, June 28, 2012

Small Capital Home-Based Business (Loading)

For stay-home parent, student or employee looking for an extra income. Loading business is a great one for everyone. For starters it doesn't require a big capital for a retailer, you earn from 10%-13% every load transaction. Almost every Filipinos own atleast one cellphone. For most Filipinos it is a necessity  to have one for communication and simple texting of "Hi". According to a study from Ipsos Media Atlas Philippines, that was published by The Manila Times last May 10, 2012, the Philippines is still the capital texting of the world. Consumers for loading business is not a problem all you need to do is let people know about your business. The nice thing about loading business is that you load anyone wherever you are anytime of the day. For home-based business you can start by posting a sign at your gate Load available here, for sari-sari store place some posters outside your store. For students and employees word of mouth is the most effective way. For employees who works inside a big office is a good advantage especially if no one in your office is doing a loading business and your co-workers needs to go out of the office just to buy a load at the nearest store. For students their market will be their classmates and schoolmates depending on how big your network is inside your school. 

There are a lot of option on how to get started with starting a loading business:
  • The traditional one is buying a retailer sim from one of the network provider so you can start retailing load from that network.
  • Another one, is the universal loading, it has two different type.
    • Unified sim loading which is you buy a sim and that sim can load to all networks 
    • Unified Retailer Access Card , you just need to register your personal mobile number to make it a load retailer.

I would suggest the best option would be Unified Retailer Access Card, it is the cheapest and easiest from all the option. It is the cheapest because you do not need to invest in buying an extra phone and extra sim. You just need to buy the retailer access card which is php 300 to get a registration code and pin for your own mobile number. Easiest to use because after purchasing the retailer access card you just need to register it online for a minute or two, after that you can load up your loadwallet and start retailing load. All transactions done from selling load using your cellphone have a transaction report online when you check your account, it is real-time with detailed report so you can track all transactions and no need for listing it. Aside from loading using your cellphone you can load online using your account online which is much easier from using your cellphone and it has a network indicator that informs you if the network provider is online or offline. Another unique feature of this kind of loading business is that you can also sell prepaid cards, phone cards, cable tv prepaid cards, game cards used in internet gaming. The pin number of the prepaid cards are sent to the mobile number of the consumer through text. For starters you can start with a small capital for your loadwallet usually php 1,000, know the flow of how fast your loadwallet is consumed so you'll have an idea for your next replenisment of loadwallet.

I hope that this article has given you some idea on how to start a loading business!
For more inquiries about Unified Retailer Access Card call or text me at 0923-739-6005