Author Topic: Club Asteria ? Scam, Illegal Scheme, Or Gateway To Brighter Future As Advertised  (Read 24 times)

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Club Asteria ? Scam, Illegal Scheme, Or Gateway To Brighter Future As Advertised? Commissions And Rewards Analyzed From A Legal Perspective

Club Asteria, a new internet program gaining popularity in 2010, appears to have drawn a rather diverse international crowd .  At first glance the program appears to offer a MLM (Multi-Level Marketing) based commission incentive to its promoters, combined with a unique rewards program using points or award values known as ?Asterios . ? This leaves many careful prospects wondering if the Club Asteria utilizes a legitimate rewards program or a ponzi scheme, pyramid scam, etc .

First of all, we must examine the value of a Club Asteria membership .  Club Asteria does allow individuals to sign up for a free membership and test drive some of the benefits, along with their own back office .  Members are encouraged to sign up for Silver memberships at $9 . 95 per month and Gold Memberships at $19 . 95 per month .  These levels allow members to access more products and services, and further supplies them with additional ?Asterio? credits, of which members can earn a profit from at the end of each week .

Some examples of products offered to Club Asteria members include a traffic optimizer, website creation tools, shopping mall with rebates and rewards, and various e-books .  Therefore, upgraded (or ?paying?) members are receiving products / services for the membership price, which would appear to satisfy the first and most important step in weighing ?legitimate programs? vs .  ?pyramid schemes . ?

However, one caveat that should not be overlooked is the true VALUE of the products and services themselves; i . e .  do Club Asteria members feel that these products and services are worth the price tag attached for ?upgraded? perks, even if the referral incentive did not exist? The United States FTC often uses this as a basic litmus test, whereas the concept of a ?fair price? is rarely the biggest concern .   Consumers typically determine the true value of such memberships / fees, and therefore, a general consensus of what is ?fair? can be somewhat difficult to determine .

Here are two questions that should be asked by prospects and current Club Asteria members:
- Would anyone pay for these products / services if the business opportunity and rewards were not attached?
- Are current members using and accomplishing anything with the products / services they are paying for?

The next crucial examination revolves around the payplan .  Club Asteria claims they distribute 75% of their revenues toward commissions and rewards for their business affiliates .  The basic explanation on the ?Commission? segment of the Club Asteria website implies that 45% of revenues are paid as direct commissions, and another 30% is divided between Gold Members and Silver Members, with a total weekly commision cap of 10% .  The amount distributed to each member?s account depends on their accumulation of Asterios .

What exactly is an ?Asterio?? Think of it as credit system designed to keep track of individual member?s participation and level in the Club Asteria program .   Weekly distributions are then made to Club Asteria members in proportion to their Asterio count .   Asterios can be earned as members purchase additional programs and services offered through their affiliates .  At first glance, Club Asteria?s explanation appears to account for a sustainable reward system, which shares similarities with MLM models incorporating profit sharing pools and team bonuses .

However, the ?Asterio? concept requires a very important warning .  The rewards dispersed to Asterio holders must be less or equivalent to all revenues obtained by member purchases in Club Asteria; otherwise, the model would have ponzi scheme characteristics similar to Sophisticated Ponzi schemes, such as the common ?Autosurf? concept (though, in this case, not requiring any surfing or web viewing) .  This does not appear to be the case with Club Asteria; unfortunately, outsiders do not have access to full data regarding the specific allocation of revenues .    Therefore, members should simply exercise basic caution and keep an open eye out for any abnormally high rewards that are attained in excess of product / service revenue .

? ? ?

FINAL OPINION:

Given the current information about Club Asteria at this time, I will neither be recommending it or discouraging people from participating in it .   I do not see any major red flags that would immediately condemn it as a dangerous scam .  The full Club Asteria membership cost is relatively cheap, but the price vs value of the products / services members are urged to purchase remains in question .

Hopefully, we?ll hear some opinions from current Club Asteria members and other industry analysts .  As more information is presented in the future, PSA hopes to provide additional updates and articles .

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Club Asteria is a company that was built primarily to help people all around the world .  With that in mind it was designed to make charitable contributions and as a way for members to earn an online income .

Club Asteria is advertised as a way to earn revenue each week with no recruiting required .  We have been making money online for many years and this is the most exciting, solid, safe, and lucrative program that we have found .  It brings in outside income and then shares a large portion of the revenue with its members .

There is an important reason that Club Asteria has a bright future .  The managing director and CEO of Club Asteria is Andrea Lucas .  Her credentials include:

Harvard graduate, PMD, MBA, CPA, CMC
Former Director of the World Bank
Managed 400+ projects for International
Finance Company Negotiated funding for China, Philippines, Russia, and others
Joint ventures in Hungary, Austria and Czech Republic
Chair Person Asian Development Consortium Inc .
Published Author - "My Life Is a Mess But I Can Fix It"


There are three videos on the company website .  We encourage you to view those right away .  One of the videos explains the money transfer going on all around the world .  There are millions of expatriates that are searching for inexpensive ways to send money back to family members in their home countries .  The companies that are now providing these services are charging excessive amounts in fees in this over 200 billion dollar market .

The money transfer market is extremely huge .  Every year there is over $60 billion sent from U . S .  families just to Latin American countries alone .  Club Asteria is now tapping into that market .  The company has two primary goals .  To help people make money and for individuals to save money from the high transfer fees .

Club Asteria gives members extensive training, business tools, coaching, access to a discount shopping mall, multiple income opportunities, travel discounts, and more .  Gold members have free access to over 10,000 e-books, tapes, videos, seminars, software, reports, audio recordings and more .  Many, many of the digital downloads have resell rights if you also want an additional stream of income .

This program has the stated goal to help members discover a new way to financial independence! It has been growing very quickly and has members from all over the world already .  Take the time to diligently investigate Club Asteria and you may find it to be the perfect opportunity you have been searching for .

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Since you are reading this article, you've heard or read something about Club Asteria .  Because of your interest, you may well be trying to decide if this new global affiliate marketing company is for you .  So, let's look at the organization, the products and the opportunity to try and shed some light .

The Organization

The people who are running this company have very impressive credentials .  The founder and managing director is the former Director of World Bank, Andrea Lucas PMD, MBA, CPA, CMC .  Additional international business expertise is brought to bear by the other Directors whose credentials are all spelled out on the website .  Club Asteria states that its mission is a focus on improving the lives of expatriates and immigrants around the world .  The company states that is promotes the concept of "teach the man or woman how to fish so he/she can eat a lifetime" instead of "give the man or woman a fish so he/she can eat tonight . "

The Products

Club Asteria provides a replicated website, an educational library (entrepreneurial programs), a proprietary lead capture and marketing system, what they call their automated marketing system, discounts from their shopping and travel programs, participation in their philanthropic program and the ability to participate in rewards for introducing new members .

The Opportunity

This is an affiliate marketing program .  While you can join for free and get access to a limited number of the products described above, joining instead as either a Silver ($9 . 95/month) or gold ($19 . 95/month) member allows you to receive either $4 . 50 or $9 . 00 per month respectively for other people that you recruit into the program .  Club Asteria then distributes up to another 30% of its total receipts to those who have attained a certain status by recruiting and purchasing other products .

So, the difference between this and other programs is really in the message for the program .  The products and services do not appear to be particularly unique .  You need to decide if this program's philanthropic message will sell for you .  Even if you like that aspect, you still need to get the message to the largest number of people that you can .  While you may think that all your family and friends will eat this up, I'm guessing you'll be disappointed, if you rely on that .  Instead, I'd recommend you learn to market online where you can reach the largest number of people possible, but only if you know how .