Webtalk Review – Is Webtalk a Scam or Legit?
Hi, if you are reading this post, it is probably because lately you were invited to join Webtalk, and before you click the register button you want to find out is Webtalk a scam or legit.
Well, you came to the right place!
Since Webtalk is alive for only a few weeks by now (October 2018), this will be a very short review. But stay tuned, since I’ll update this review from time to time as things will evolve for good or for the bad. If you are only interested at the bottom line – is it legit or not just scroll down to the end of the post.
What is Webtalk?
But first thing first… What exactly is Webtalk?
Webtalk is a social platform that let you share pictures, files, posts, etc. with your friends, business colleagues, potential customers, etc. So you probably wonder how does Webtalk is different from Facebook, Google+, Linkedin and all the other social networks out there?
Good question! There are two big differences.
Who is it for? – What makes Webtalk unique?
Webtalk has 2 main benefits over Facebook, Google+, Pinterest and all the other social networks that make it unique:
Benefit 1:
When you share your pictures, posts etc. in Facebook, ALL your “friends” can see them. But what if, there are some pictures that you want to share only with your family and you don’t want your boss to see, and maybe there are some posts that you want to share with your business colleagues which will be boring for your close friends, or maybe you use Facebook also for building your part-time business and you want to share some information with a specific niche of prospects and not with all the others?
The only way to achieve that in Facebook is to maintain few profiles, which is forbidden by Facebook BTW, and even then it is not guaranteed that your friends on profile won’t be exposed to what you publish on your other profile.
Webtalk was built with the intention to solve this issue exactly.
On Webtalk when you accept someone as your friend, you tag him/her to which type of friends he/she belongs (family, coworker, friends, etc.). And when you publish some content you can mark which groups will be exposed to this information and which not. This way, when sharing a picture from last night party, you can mark it to be available only to your friends and not to your boss or mom.
Benefit 2:
And this is the major benefit for my opinion.
It is no secret that Facebook and Google are earning billions of dollars from advertising on their platform. But how much do they share with you?
After all, you are creating the content (with the posts and pictures that you share) and the traffic (when you invite your friends to join you and when people ‘like’ your posts). After all, without your engagement with the platform, there will be no audience to advertise to. Yet, you get zip! Not a dime! In other words, you are working for free!
What if you will open your email one day and you will see an email from Facebook. Which goes like this:
“Thank you dear member, for your activity on our platform, Due to your sharing pictures and commenting and liking other people content, we got tons of people engaging on our platform, which lead us to close some lucrative deals with some advertisers. Hence, here is a code for $1000 gift card as an appreciation for your effort so far, and to encourage you to continue.”
Unfortunately, although all the time I spent on Facebook (and other platforms) I haven’t received such an email so far… 🙁
Not from Facebook, not from Google, not from Pinterest…
But this is exactly what Webtalk intend to do!
Webtalk shares up to 50%! of their revenue with the users who helped to create it.*
* Disclaimer: Webtalk in currently on Beta. Sharing of income will start when the Beta stage will be completed.
How does it work? – Webtalk compensation plan
When someone that was invited by you to the platform completes a transaction (for ex. buy something) you get a commission of 10% of the transaction amount. And it is for life! not just for the first transaction. Which mean, if they buy a monthly subscription to some service on the platform (for ex. Upgrade to premium), you will get a commission on each month as long as they are paying subscribers of this service.
Please note that Webtalk is absolutely free to join and use, yet like in any other platform, they make their money from advertising and selling premium services.
Well, you probably think, most of my friends are not the kind of people who buy online, and will probably use only the free part of this platform so why bother?
Because Webtalk is going pay you 10% not just for your immediate friend’s transactions but also for their friend’s transactions.
When someone they invite to the platform completes a transaction, they will get 10% commission but also you will get 10% commission! But it doesn’t stop there… And that goes 5 levels deep!!!
Here are some examples to understand it better:
- You invite your mother, brother and sister to the platform to share some pictures from that last family barbecue. They might be not the types that buy online but…
- Your mother invites her beauty salon owner to share some pictures of the grandchild’s, and your brother invites some of his coworkers to share some pictures from the barbie.
- Your mothers’ beauty salon manager sees that quite a few members from the community are on this platform and decide to put an advertisement for her beauty salon. One of your brother coworkers is in charge of the overseas sales and he was looking for an online video conference tool to communicate with his colleagues oversea. And he notices that Webtalk has such a service and decide to subscribe for it.
- Once they (they beauty salon and the coworker of your brother) buy, you get 10%! And in the case of your brother coworker, you are paid every month! Nice 🙂
The former example was for only 2 levels (your family members as level one, and their friends as level 2). Webtalk will pay you for 5! Levels deep.
Here is a short scenario to show the potential:
Step 1:
Let’s assume that due to your invites, 10 people join the platform, and the same goes for them (they make 10 people join) and so on up to 5 level deep. Here is a short table describing how many people will be connected to you:
level | Number of people |
1 | 10 |
2 | 100 |
3 | 1,000 |
4 | 10,000 |
5 | 100,000 |
Total | 111,110 |
So according to the table above approximately 111,110 will be connected to you after a few months.
Step 2:
Now, let’s assume that only 1% of them are actually buying something each month, That’s mean that approximately 11,111 people that are connected to you are going to buy something each month.
Step 3:
Let’s assume that on average that something will cost on average $10.
Since you are getting 10%, that’s mean approximately $1,111 to you each month, just for posting on the platform, as you do on Facebook with no special effort.
Step 4:
But why stop at 10 people?
What if you will decide to treat this as a business and make a plan to invite 10 people each month? Or more…
See the potential?
VERY IMPORTANT NOTICE:
Getting paid for 5 level deep will be granted only for peoples who join while the beta stage. People that will join after the beta stage is over (and the platform will be open for everyone to join) will get paid on their first level only (the people they have invited).
Joining is free! So act now and join before the beta will be closed!
In order to join the beta stage, you need to be invited. Here is your invitation:
How much does it cost?
Joining Webtalk is free, and using it to collaborate and share is free.
Like in any other social network, there will be some premium services that will cost money to use. That is how Webtalk is going to make money (and you commission from referring people to those services).
Who is behind webtalk?
According to the linked profile of the company:
Founders: RJ Garbowicz, Dr. Basit Hussain, Joy Randels, James “Jamie” Pews, Mary V. Bernard
Two encouraging things regarding those people (when evaluating is Webtalk a scam or not):
- They all come front and publicly state on their profile on Linkedin that they are connected with Webtalk. From my experience so far, when it comes to scam’s, the people behind try very hard to hide their identity And it is very hard to find who are the managing directors of the company.
- When you google those people, no news regarding being involved in former scam’s comes up.
Pros
- It is free to join
- The members of the Board of directors of the company are all publicly known (they don’t hide their identity like in most scam’s)
- According to the founder, they already invested $6.5 million in the developing this platform.
- You can earn money (in the future) from the activity.
- You can segment who will able to see what you share online
Cons
- Currently in Beta stage, hence not paying commissions yet.
- A bit confusing when Webtalk is the social platform, while another platform (SocialCPX) will manage the affiliate activities and will pay the commissions.
Final verdict – Is Webtalk a Scam or Legit?
Taking under consideration all the above pros and cons, I came to the conclusion that for now (October 2018) Webtalk is legit. Yet, we’ll need to see how things will evolve when (and if) Webtalk will emerge out of the beta stage. Keep following this post to receive updates.
In the meantime, I definitely recommend you to join this platform since you got nothing to lose and only to gain. Please note that the lucrative commissions of 5 levels deep are limited to whoever join in the beta stage. So act now before it is too late.
As for October 7th, 2018, over 1 million! people already joined Webtalk.
Join now and invite your friends to join, before they will invite you.
And as always, your 2 cents on this subject will be appreciated, you are welcome to share them on the comments below.
So Webtalk is a more advanced social platform? It does have some nice features from what I can read, so maybe I should need to check it out. Like you say, it’s free and I’ve got nothing to lose…
I’m very curious how this platform develops in the coming years, as it will need some time to become a big player. Facebook also started small so… Thanks for the tip!
Hi Jurgen,
Thank you for your comment. 🙂
I’ve just saw in the evening news tonight the new office of Facebook in my country.
With all the pleasures they provide, 3 meals a day, private chef and more…
Well, I’m truly happy for their employees, but…don’t forget the main contributors to all this growth and wealth – us the users! and they don’t share a dime…
That is why I deeply hope that Webtalk will be able to lift off the ground and do what they promise – share their wealth with their users.
In the meantime, I’m preparing and building my network.
You are more than welcome to join me 🙂
Br,
Nahum
Ahh another social platform that pays money.
I don’t remember the name but couple of years back there was an attempt to do something like this. I mean I am not a fan of social media and rarely share something of my life on the FB or instagram. Not even talking about the snapchat. Just can’t see myself wasting time on such things.
Anyway, let’s assume that someone will give it a go.
The questions is…
How much time and effort do you really need to spend in order to get some decent money? Let’s say $1000?
I think this would be interesting for other as well to know.
Eugen
Hi Eugen,
You have raised some good questions!
Indeed, I’m also not a fan of social media and if it was up to me I wasn’t going to put too much time into it.
Yet, since I’m building an online business, and there is were my potential customers, I dedicate few hours each week to social media.
But here is the nice thing about Webtalk vs. other platforms – if you join now (on Beta stage), they will pay 5 levels deep! which mean – you don’t have to be very active on the platform, you just need to know few people that really love to be active on social media and invite them to join you on Webtalk. And guess what, usually people who really love to be active on Facebook have a lot of friends that like to do so as well.
So regarding your question – how much time and effort you need to spend in order to earn $1000?
My answer – how long it will take you to invite 10 people to join you? 🙂
Take my example from the post above (check the table at the middle of the post) – if you invite only 10 people, and they will do the same 5 levels deep, you’ll have more than 100,000 that you’ll be connected to. Even if we’ll be super pessimistic and assume that only%1 will actually engage and be active (1 out of 100), that leave you with 1000 people connected to you and active. According to Webtalk, the average spend per user is $10, and you will get of that which mean – $1 x 1000 = $1000
But remember, paying 5 levels deep is only for joining in the Beta stage, so if you are not sure yet, I suggest to join now (after all it’s free) so you won’t miss the train…at least that what I’ve done.
If you want to be one of my friends on Webtalk, here is the link to join
Thanks to share this with us.
it seems to be a very good one, even it still is in the beta-phase, which is actually wonderful, because I can still go to level 5, which otherwise I couldn’t.
With Google+ going away, I need another platform, and since the Google doesn’t give any sharing with us, and Webtalk does, I’m going to be a member right away.
Thanks to share it with us!
Hi Emmanuel,
Thank you for your comment and sharing information is my pleasure 🙂
Indeed if you want to earn up to 5 level deep, this is the time to join.
click here to join and I’ll see you on the other side.
Hey Admin, I liked your post. Webtalk looks really interesting, I’m going to have to give it a try one of these times; I saw it over the weekend and thought to myself, “this looks like something I want to try and would like more info on”. How long have you known about webtalk and can anyone join or talk everyone else without paying a cost? Great job
Hi R.J.,
Thank you for your warm comment, I’m trying to do my best 🙂
As for your question, I’ve joined Webtalk few weeks ago.
Joining Webtalk (and inviting others to join) is free and doesn’t cost anything.
But you need to be invited in order to join.
So if you want to give it a try here is your invitation: click here.
Looking forward to see you as one of my friends on Webtalk. 🙂
Br,
Nahum
HI,
Thank you for such a detailed review. It seems to be really interesting. I got disappointed with FB many times as I used to pay ads and what I got were few likes and no leads. Looking forward to trying this new soc. profile. Maybe the new era is coming 🙂
Hi Snap Brisk, I know what you mean…
If you are advertising your services/products on Facebook, I suggest to check out the offers for advertisers on Webtalk. I didn’t covered this topic in this post, but they got some lucrative offers. Like – you pay commissions only when they make a sale for you (and for each one clicking on your add). Here is the link to join and to check it out.
Thank you so much for your detailed review on webtalk,I have been very interested in learning more about the platform because I got an invite to join and was not sure about it.
I am really impressed with the set up where you can choose who to see what you post ,I definitely want to try it out ,I have one question though, let’s assume if goes well after the beta stage ,how will the platform make these payments?since I don’t think they have put pen to paper with those signing in currently?do you have any information on this yet?
Hi Florence and thank you for your comment.
Indeed you have asked the million dollar questions. That’s why I wrote that for now I consider Webtalk legit. We’ll need to wait and see how they will do in the execution. I’ve already covered one platform (Empowr) that had the same intention but failed in execution exactly in what you pointed out – making the payments to the users.
Yet, with Webtalk I have less concerns since their compensation plan is very simple and clear (vs Empowr) – they are paying a percent out of any sale make and not for virtual activity. Hence, money needs to get in the company ion order for you to get commission. Hope that this answer your question.
I am very happy to see this article. I just joined Webtalk a while ago. But I don’t know how it works. After reading your detailed explanation, I can try to experience it with confidence.
Hi Zoe,
Thank you for your feedback.
I’m glad I was able to help with clarifying how Webtalk works.
If you have any other question, don’t hesitate to ask. 🙂
Thank you very much for the review. We really are trying to create the value proposition to be a better contact management and communication platform. With billions of internet users and billions of more on the way, there is no reason that we shouldn’t be able to create a market share. None of us thought that this was going to be easy but we are giving it everything we’ve got anyway. There are many problems that I have with Facebook and Linkedin and we tried to solve them. A couple points to make for clarification, once we hit a critical mass point, we will open the platform. The affiliate program will still exist but Webtalk will not be invite only forever. The affiliate program was to help us gain traction and capital to build on top of. We had a choice to get there, raise millions of dollars from investors (if that would even be possible) so we could advertise the value of Webtalk to gain users or we could share our revenue with the early adopters to gain users and revenue. Webtalk and the affiliate program are free and always will be. You can not “buy” your way into our affiliate program because we didn’t want a pay to play scammy system. Believe it or not, we are trying to build a useful and successful company. Yes, it’s been a long journey and we know we still have a long way to go but we have a great team of people and we are dreaming big. I appreciated reading your review and thank you for your consideration. Please log in every once and awhile to check out the updates from RJ’s posts at https://www.webtalk.co/founder . He truly is a great guy and inspires me daily with his grit, knowledge, and work ethic. I will paste below the actual affiliate program rules. It is 1 direct level but has a limited time multi-level bonus structure that will help us gain enough revenue to give us serious market penetration. If you have any questions or advise, please feel free to ask or say what ever you want. We are extremely transparent and just want to build something that people love. We will be giving access to our corporate site in the next month or two that will list out our company vision in detail. Take care and good luck with all of your endeavors.
Free Affiliate Program Qualifications:
1. Complete Your Profile- On your Webtalk profile you will find a “Completeness Meter” tool. Once the meter reaches 100% you are qualified to earn a 10% commission from the revenue generated by your direct referrals (1st Level) to Webtalk.
Limited-Time Bonus:
2. Refer 1 PRO Customer- Inside Webtalk, your referrals will be encouraged to upgrade their free accounts to a PRO premium account. When one (1) of your referrals upgrades to PRO, you unlock 10% commissions from each of your 2-5 referral levels for a limited-time bonus.
3. Be in the First 1 Million- The first 1 MILLION to directly refer 1 PRO annual customer OR 1 PRO monthly customer who has billed for 12 consecutive months, you will be granted the 5-level commission plan bonus for LIFE!
Additional Terms & Conditions:
Upon one million (1,000,000) ‘affiliates’ being awarded the 5-level commission plan for life, the levels 2-5 commission plan bonus will be discontinued for all new affiliates, and for all existing affiliates who have not referred a PRO customer by the date the bonus is discontinued.
If an affiliate has referred a PRO monthly customer who hasn’t billed for 12-consecutive at the time the bonus is discontinued, they will still be eligible for the lifetime 5-level commission plan bonus award if and when their PRO customer referral(s) reach 12-consecutive months of billing.
As long as an affiliate retains one (1) or more PRO monthly customers billing for 12-consecutive months, and that customer was first acquired while the bonus promotion is still active, they will maintain their 2-5 referral level commission plan for life.
Hi Jeff,
Thank you for your detailed feedback and for clarifying the affiliate program.
I truly hope that this startup will manage to succeed and thrive due to the novel values it is based on.
I’ve just noticed the announcement that on the coming summer the affiliate program will kick-in!
This is great news and I’m looking forward to it!
I was following and participating in similar programs in the past, but they all fail when it comes to paying to their affiliates and members…
I truly hope this won’t be the case with Webtalk.