As you may have noticed U-economy, one of Peter Wolfing’s latest programs, is getting a lot of attention and hype these days.
The claim is that U-economy can enable you to create your own economy hence its name.
I’ve decided to take a closer look at U-Economy and share my honest review to see if it’s really legit and can help you.
Before I start…
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All You Need To Know About U-Economy
Looking at the company’s website at first glance, it might be hard to understand anything about this program but it leads one to believe that by signing up and following the training, you can start making money online. According to Peter, this new system that he describes as revolutionary has been designed for anyone in need of rapid success. But is U-economy a legit business or is it just another scam? This review will help uncover everything that you need to know about U-economy including whether it is really possible to make money with it.
Before we progress into U-Economy and the products on offer let me quickly mention that I have recently reviewed a lot of business opportunities. You should take a look at my New Tycoon Plus review and Falcon Coin scam expose before you leave the blog today.
What Is U-Economy All About?
Peter Wolfing, who is the creator of this program defines it as a revolutionary online money-making program that teaches people how to quickly make a lot of money online. The whole concept behind U-economy is that upon signing up, you will then buy the training provided after which you will go on to promote this program to other people who are interested. If these people sign up for the program just like you did, you will earn a commission at their expense. You are simply buying a money-making opportunity than selling the same opportunity to other people, a business model that is not as revolutionary as its creator claims it is. Although U-economy has a business model that almost resembles that of a pyramid scheme, some aspects of it are technically legit.
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On the company’s website, you will hardly find much information on ownership, when the company was launched or its location. This creates a sense of anonymity that only makes the program appear more suspicious. Initially, U-economy was named E-economy but no reason has been given as to why Peter Wolfing the admin behind everything decided to switch the names. But before brushing off this program straight away, it is important to take a closer look at how it works. Maybe then we will understand if it is really a scam or a legit business.
How U-Economy Works
U-economy actually has products’ in place but taking a closer look at their website you will see that you are being promised to make money as opposed to gaining value from the products which in my opinion is not a very good start. U-economy is basically a networking marketing company hence before signing up to one of these, it is important to ask yourself why you should buy their products if they are not promising you that you will make money out of reselling them. Getting answers is even harder due to the limited information provided.
U-Economy Products
All its products are grouped into 3 main categories namely:
- U-Crew(available at a monthly fee of $49.95 and is for those who want to start making money)
- U-Marketplace(These are low ticket products that range from $25 to $500)
- U-Academy(These are high ticket products ranging from $1,500 to $50,000)
While it is possible to join U-economy for free, you can not get started without signing up for the U-Crew package which you will be required to pay a monthly fee of $49.50. This package simply unlocks your ability to earn a residual commission since you will be getting a small percentage of the monthly fee paid by the new members you refer as long as they subscribe to this package.
The U-Marketplace category simply consists of things such as marketing training and mindset training which are all low-ticket products meant to help you get started with the new business.
All the high-ticket products are found in the U-Academy category with some as high as $50,000 and if you wish to earn a commission by reselling the products in this category, you can do so after paying a licensing fee.
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If you actually want to go ahead and subscribe to this business opportunity, you will be required to purchase their products and also pay a separate licensing fee which enables you to earn commissions. This means that for you to benefit from this program, you will have to spend over $50,000 plus a monthly subscription fee and all this is before you even start earning any commission. Most people getting into this business simply purchase products out of the fear of losing commissions as opposed to purchasing them based on their value.
U-Economy Conclusion
It is not in doubt that you can actually make some money with U-economy but it will not come as easily and quickly as Peter Wolfing claims. U-economy is not really a scam since you are simply buying into a program that gives you an opportunity to earn money by referring new subscribers to the program.
Before you leave
If you’re tired of fraudsters and want a legitimate way of making money check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: