I’ve been seeing ChampCash posts floating around on Facebook…
It looked a bit suspect to me, so I decided to check it out. This is what I have made of it.
Let me know in the comments, if you have any experience to share.
Champcash Review In Brief: Is Champcash A Scam?
Name: ChampCash
Website: www.champcash.com
Cost: Free to sign up
Overall Impression: 10/100 – highly misleading! Stick with me to find out why I feel this.
What Is ChampCash About?
ChampCash claims to be an MLM company – an MLM company owner, will benefit not only from the direct sales they make, but also from the people they recruit into the business.
However, I don’t see ChampCash like this.
ChampCash only requires you to download a bunch of apps to your phone – then your real job is simply to recruit others to do exactly the same thing.
Primarily, the aim is to download apps via champ cash and to get others to do the same – and then to also get them to recruit others and so forth.
You benefit not only from the people you get to sign up, but also by the people they sign up – via a 7 tiered system, (I will explain this further in this review).
Now, from my perspective – ChampCash looks far more like a pyramid scheme than an MLM.
Why?
Because this model claims you can be a millionaire by merely recruiting others on to this program – the main pull of the program at all has zero to do with any fantastic new apps you may be downloading and everything to do with making money.
The creators of these apps available to download via ChampCash, will pay ChampCash a commission whenever they get a conversion leading to a sale.
This is ChampCash’s key motive – to get as many people to download these apps as possible in order to maximise their conversion probability.
Therefore, their sales pitch to you is to get as many people to sign up as possible and claim that it can easily make you rich.
How ChampCash Works:
- You need to register and install the ChampCash app on to your phone.
- You must complete a challenge…. the only challenge here is to upload a
bunch of apps on your phone… (Not very “challenging,” is it?). You are now part of the “network.”
- Next up, you must refer a friend. You get paid for every user that you refer.
Take note: This will get very old very quick… your friends won’t appreciate you trying to shove this down their throats – even if a few sign up – this will amount to just a few dollars.
If you a really interested in referring a tonne of people, having some internet marketing knowledge is your best bet.
- Lastly – the more referrals, the more money you can make. For each referral you make 50%, then for everyone who they refer up to level 5, you make 10%. Between levels 5 and 7, you make 5%.
A Big Problem With ChampCash:
If you go to their main page, you will see a majority of the information simply talks about their commission structure and making money.
The content or the benefit of these apps appears irrelevant.
It shouldn’t matter should you never look at these apps at all, as clearly the incentive is to refer others to download the apps and nothing to do with actually engaging with them.
There is absolutely NO info given regarding WHAT incentive you should give people to sign up, besides this opportunity to make money.
A MAJOR FALSE CLAIM – ALARM BELLS: “Earn Millions Just By Installing Some APPS!”
Well, this is just a blatant lie.
If you make any money whatsoever – it will be by referring others to sign up, the actual making money aspect has zero to do with installing some apps.
It does have to do with getting OTHER people to install some apps however- or REFERRING other people to install apps, who refer others…who refer others… and on and on.
There’s a big difference between merely clicking a few buttons on your own phone and installing some apps — and trying to convince thousands of other people to do exactly the same.
Earning millions simply by installing some apps!?!?! I don’t think so.
The earning potential reality of Champcash:
If you refer TEN people at level one… what do you make?
You can make one dollar per sign up. So, you make 10 dollars.
You now have to hope that this ten people you convinced to sign up, also sign up others.
But from this next tier of sign ups, you only get 20 cents per referral.
Does this sound like an EASY way to make a MILLION to you?
For starters, the premise may be a simple one, (getting someone to sign up to just download some free apps is going to be easier than getting them to buy something)…
However, for the amount of time and effort you’d still have to put into this, getting one dollar per referral is nothing! Let alone 20 cents!
You are not going to make your fortune by doing this.
Who Are The Target Audience?
ChampCash are trying to target people who want to make money online, but with minimal effort or skill involved.
But the reality is, referring people to anything does require skill and effort – sure, inviting a few friends is one thing, (but won’t make you significant money – let alone millions!).
But getting enough people to sign up to a point that would actually make you any substantial money, is entirely different.
No Training On How To Get Referrals:
ChampCash do not teach you how you’re going to be able to get enough referrals that you can… as they put it, “become a millionaire.”
They just make it out to be something than can easily be achieved. Let me tell you, it is NOT.
It’s often the case with MLM type schemes that they do not teach you properly how to sell or how to get referrals, this can be the case in even large well known MLM companies.
They all say to start with your friends and family… but what when these leads dry up? This is when a majority will give up and fail.
Check out this video about ChampCash– be aware, I do not endorse this program at all, or what this person is saying. I do not think you will be a millionaire with ChampCash any time soon!
PROS VS CONS
PROS
- Free sign up.
- Simple to do.
- 7 tiers of potential earning.
CONS
- No training available – referring people is not as simple as it sounds!
- Completely false earning claims/get quick rich claims.
- Realistically – low earning potential.
- Must download a tonne of apps, that will take up a lot of memory on your phone.
Conclusion: Is ChampCash A Scam?
While it may be possible to make some money with this program, it does have some similarities to a pyramid scheme – (also could be known as a “chain referral scheme.”)
If the “app loading” feature was deemed irrelevant to the main motivation of referring others into the program, this is when it could be classed as a pyramid scheme.
Champcash have incredibly misleading and make false claims about the earning potential for this program – which is certainly a major scammy tactic and highly deceptive.
The claim that you can make millions by just installing apps – is also completely false.
Ultimately, would you trust a company that makes blatantly fake claims like this? Let alone be involved with them and work towards lining their own pockets?
Do I recommend ChampCash as a legitimate way to make substantial cash?
Absolutely NOT!
So, what now?…
It is totally possible to make a real side income online, or even a full time income, but the answer doesn’t lie behind get-quick rich schemes.
I review lots of potential ways to make money online – some good, some bad – and some very bad!
However, if you’re new to getting started online or even you’ve been trying to make money online for a while but are still stuck and just want a straight forward legit program to follow step by step…
I hope you found this review useful!
Have you had any experience with Champ Cash? Let me know in the comments below!
All the best… 🙂
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