Wednesday, February 29, 2012

My Video Talk Studio Review: Buyer Beware!

Tuesday, February 28, 2012

My Video Talk Studio Review

MyVideoTalk to your wallet?
By Steven Masone

A friend told me about a new company he thought might be a ground level multi-level marketing company worth looking at.
My first instincts were to say "Thanks but no thanks" as my MLM experience has not been productive. But my new found interest in internet marketing and finally getting up to speed with this "Brave new Wired World" I found the services of MY Video Talk Studio interesting.

Unfortunately like all newcomers to Internet Technology I was unaware that Google and other IT companies offer the same capabilities for free!

After paying several hundred dollars to join and fifty dollars a month at the entry level, I could not get any tech support from the company to launch my "Video Broadcast Station" that is one of the carrots that got me interested and I could not give presentations to prospective friends and clients to get sign ups.The hook is that "Anyone can set up the video mail and broadcast station etc."Well even though I have produced print and online newspapers for years, I could not follow their confusing labyrinth of directions.

MLM marketing relies on the representative to utilize and enlist his or her "Warm Market" ...friends, family, co-workers etc...that they can influence easiest. So without a large warm market the rep must cold call prospects they do not have relationship with and the closing ratio dramatically decreases.

My frustration however was based more on not getting assistance and training sufficient for for demonstrating the product. So I cancelled and the company continued to access my bank account based on their claim I did not give proper notice even though I had e-mail proof they accepted my cancellation.

After I cancelled the first time it was about 2 months later and MVT tapped my account againg for my monthly fee. I could not get anyone on the phone to straighten it out and no personal e-mails were ever returned.

Finally I cancelled the bank card I was using in order to cut them off after they hit me for a total of 3 times .I then contacted my banks fraud department and the charges were eventually reversed after a six month hassle and disappointing experience. Only after the reversals did any official from MVT contact me by e-mail and that was also an unpleasant communique. 

Even though as in all MLM's your immediate upline are responsible for helping you in training and support, the company usually has a representative at the very top who makes sure his downline can succeed. Unfortunately when most uplines are consisting of warm markets where friends and families are being given preferential placement as each leg of the downline is manipulated to help them and theirs, a pecking order is created for their cliques. If you are not in them, expect to fall between the cracks. 

The fact that they are selling free services to the uninitiated and the poor training and usual  "hyped success of the few on the top of the pyramid and deceptive cancellation tactics with no hands on executive management makes this outfit one to stay clear of. Buyer beware! see here for Scam Forum:

No comments:

Post a Comment