Karatbars International is an E commerce company. They do, however, offer a very lucrative affiliate rewards program. They are NOT considered MLM. The difference is very clear. The Company has zero sponsorship requirements or monthly purchase requirements in order to earn commissions.
Karatbars International has gained much attention for their ways to earn income opportunity, especially their 12 Week Plan to Financial Wealth. There are some very real concerns about starting or participating in this business. In this article, we will go through and give an unbiased review of the pros and cons of the business, and see if they are a great business opportunity… or a great rip-off.
Karatbars International – The Good
Karatbars International was founded in 2011. They are a company which offers an attractive and affordable option for the consumer to purchase 999.9 24K pure gold bullion per gram, as well as their specialty lines of gold merchandising, collector & gift cards. This company offers the consumer an independence to own, manage & control their personal purchases. They are providing an opportunity for everyone worldwide to own gold at an affordable price point.
The headquarters and the logistics center of the company is located in Stuttgart, Germany. It is responsible for the support, marketing, customer and partner communication, execution and delivery of orders. Their Headquarters also co-ordinates the launch of new countries throughout Europe.
Karatbars International offers its customers several storage options:
* Storage Prosegur (free) – Frankfurt Neu-Isenburg
* Storage Switzerland (charged) – A direct contract with the Swiss company
* Storage Singapore (charged) – A direct contract with the Singapore company
Deliveries in smaller quantities are packaged under video surveillance at the home of Karatbars International and shipped via FedEx daily.
The affiliates can refer others to an online Gold Savings Plan and earn commissions whether or not they personally purchase their products.
Karatbars International – The Concern
Whether or not Karatbars International is a good business opportunity, it is clear to say that the most valuable assets are precious metals.
Several people are referring to Karatbars International’s gold product as LBMA certified gold. Please note, the LBMA does not certify gold, they certify the refinery.
This Company claims to be the only company that will buy back an affiliate’s gold.
Karatbars International – Ugly
Karatbars International, like many other online companies, teach their distributors to leverage their “warm market”, friends, family and/or anyone you bump into. However, when a new distributor comes talking to their friends and family about making a tremendous income with a business opportunity… and the distributor is not making any money… there is a credibility issue that occurs, and the distributor is positioned as a gopher for someone else’s business.
Growing this business can be a great opportunity. They appear to have a good service. There are plenty of companies that offer purchasing gold online but you must be aware:
* Is the Gold 999.99 24K pure
* Where are the Gold Refineries that are producing the Gold
* Is the Gold Refinery LBMA Certified
* Does the Company have free storage
* Will the company buy the gold back(this is huge)
In closing, I would say that starting and developing a Karatbars International business is lucrative if you know how to effectively use the telephone, the Internet, and other effective marketing tools. Many people who market great products never make a dime. It is not a rip-off, but like any business, success will be determined by the skill-set of the marketer. This Company is definitely not a lottery ticket or a stock option – meaning, you do not just exchange your currency to gold and wait for a payout.
The difference is the marketer, and their ability to target their market effectively to others, that this makes sense to. If someone does not have the first clue on how to market effectively, then I would suggest they either learn how to be an effective marketer, or just use Karatbars International as a way to effectively move your money from one pocket(Financial Institution) to a more secure pocket for the means of protecting your assets; as a hedge.