Modern Marketing Systems Is a Scam
Tuesday, December 29, 2009
Modern Marketing Systems Is a Scam
Modern Marketing Systems is a scam. They will take your money and you will never see it again. They promise you will make from $3 to $5 a day for each site you buy from them, yet they will not provide you with ANY satisfied customers or any data to support that. An actual review indicated that only one site (not a client site, a production team member site) generated an average of $3 per day over a test period of 5 months. Actual figures reveal that all 10,000 plus sites (perhaps closer to 16,000 now) that had not been arbitraged, generated an average of about one cent per day or less. Arbitraged sites, i.e. sites that had been heavily promoted by MMS (Modern Marketing Systems) using purchased traffic, received between 3 cents and $1.00 a day over the test period. This incurred a loss for MMS because the cost of arbitrage was in excess of $1 a day per arbitraged site. Under MMS' marketing agreement, this cost would be passed on to the customer, incurring a further loss to the purchaser in addition to their original outlay. The production team member site that did receive an average of $3.00 per day (after about 4 months online, with income slowly increasing over that period), was based on a long tail keyword that averaged over 18,000 searches per day. Content to this site was added and updated daily by applications purchased from third parties and Amazon links were also added, but income from Amazon (if any) was not included with the final tally, ($4,000). The cost to build a microsite to MMS, using their original design e.g. bassfishinginnorthernarizona.com - was about $2 (two dollars) per site while their new "Revolution" sites cost between $8 to $30 per site to create. Modern Marketing Systems has a customer list of over 600 customers (US & Canada) of whom zero are satisfied with their purchase. MMS has never promoted any sites except for the arbitraged sites and it is not expected to do so nor is there any operational plan or procedure in place to promote a site other than through arbitrage. Most (99%) MMS sites receive zero traffic. It is estimated that MMS has received a total of between $2.5 million to nearly $4 million dollars from customers. Sales people were encouraged to discount a package to nearly any degree with nearly any conditions in order to make a sale so exact figures are impossible to estimate. Operational expenses (gross expenses) have been estimated at between 10% to as high as 40% which indicates that the two owners have pocketed at least $1.6 million in the several years they have been running this scam. Sales people could receive a commission of up to 30% on a sale of $50,000 or more. A handful of investors with $100,000+ to invest visited corporate offices at 8808 N Central Ave, Ste 108 in Phoenix, AZ over a period of time but declined to invest after their due diligence.
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