The Company: TopShare Global
Founder & CEO: Sarath Vavachan et al.
Startup Cost: $3 - $50
This is a revenue share platform based in India with 150% ROI on adpack purchases, monthly membership fees and traffic exchange style advertising products. There are some good points with this platform, but there are drawbacks to consider before joining as I show in this review.
The website (topshareglobal.com) was registered in February 2016 to Sarath Vavachan with an address being listed in Kochi, India. Vavachan was a former brand manager at a video creation website known as WowMakers.com. Doney Varghese is the second admin listed on the website.
Neither of them appear to have any previous experience with owning a rev share platform from what I could see.
According to the website this is:
an advertising site that offers various advertising tools as well as an additional and limited earning opportunity to members through revenue sharing.
All rev share platforms make this claim though so in order to test it's legitimacy we must evaluate the core product they are offering- traffic. In most cases the traffic is simply a window dressing to provide members with a passive ROI on adpack purchases using new member investment- AKA ponzi scheme.
The Advertising Products
There are 4 main advertising products in the members area:
- Text Ads
One credit equates to 1 view for one of these advertisement types within their traffic exchange. Depending on the particular adpack you purchase is how many credits for each type of ad you will be able to use.
You can use these ads to promote anything at all and you will get views and clicks when using these credits. The major drawback to this style of traffic though, is the super low quality.
People are viewing your ads for one purpose and one purpose only: to fulfil their daily 10 ad surf quota. If they don't view your, and other member's, ads they won't make money with this platform. Period.
In other words, you'll get views but very few people are genuinely interested and will actually click on your ads which renders it pretty useless overall. There are much better ways of driving higher quality and better converting traffic than this I can assure you. They do have some kind of 'premium advertisements' though which I will investigate after launch and update you guys on here.
There are 5 levels of adpacks you can purchase with each costing more, paying higher ROI's and maturing over longer periods of time.
Here's a chart the company provides to make understanding and comparing these super simple:
As you can see you are limited as to how many packs you can purchase within each type, until you hit the 'superhuman' packs.
The biggest issue with these kinds of platforms is: where is the money coming from and how could the company pay you to advertise your products sustainably?
If the company was providing people with a retailable traffic product that did not come with a passive ROI, then your shares are being paid for by genuine company profits.
If, on the other hand, the only revenue coming in is from those expecting a set return from their adpacks then how is this possibly sustainable? For example, every time someone purchases a $50 pack the company must pay that person $75 back. The company therefore makes a guaranteed loss of $25 for every one of these packs a member purchases.
Since no one is buying these advertisements aside from the investors themselves, here is how the company IS funding member returns:
- Member adpack purchases
- Membership fees
- Those purchasing 'free time' ($3 per day for the benefit of not having to surf ads)
Clearly the first one is mathematically unsustainable for any length of time. The membership fees on the other hand will allow this to run for a longer period of time, but is still not sustainable in itself and neither is the 'free time' purchases.
How They Keep This Running
There are various systems in place to ensure this system sustains itself and lasts for the longest period of time possible.
When you log into the members area you will notice that there are 3 distinct accounts that your money goes into:
The 'total balance' is where your funds go into right after you deposit money into this. Once you purchase an adpack and it matures, you can withdraw your money- but you cannot can cash all of it out.
The re-purchase rule automatically places a set percentage (depending on which pack you purchase) of your revenue into your 're-purchase account' to be used for re-investing into the system.
So when your adpack matures, some revenue goes into your 'withdrawable' account and the other portion goes into your 're-purchase' account according to the ad pack it corresponds with.
This chart shows the percentages that go into your re-purchase account according to each individual adpack:
Example Starting With $50: I purchase a $50 SuperHuman pack and in 60 days it turns into $75. I go ahead and withdraw this with $52.50 (70%) automatically going into my re-purchase account and the other $22.50 (30%) going into my withdrawal account (cash account). I have lost half of my initial investment if I take my money and run at this point, but overall I have made a profit if I include the money that is able to be re-invested. I now buy another $50 ad pack and in 60 days make another $75. Now I have $150 total. I then buy 3 more packs and in another 60 days I have $225 in my account in total. This puts $67.50 into my 'cash out' account and the remaining $157.50 into my re-purchase account. After 6 months I've made a grand total of $17.50 in actual cash, and this is not taking into account the 5% deposit fee at the very beginning either so this would be less.
As you can see, the name of this game is to invest large amounts and continue re-investing your money to become profitable.
The withdrawals are capped at $100 per day as of writing this and total withdrawal caps in place according to the membership level you have purchased as shown below.
There are currently 2 membership levels:
Regular: Your total withdrawals are capped at 3x your total deposits. This also pays you a 3% referral commissions on those you refer to this based on ad packs purchased.
Premium : Total withdrawals are capped at 5x your total deposits. This pays you a 10% referral commission on those you refer based on ad pack purchases.
As mentioned, you receive between 3-10% commissions on those you refer who purchase adpacks. If however, they use their cash account instead of adding new funds into the system, you'll get 1% commissions as a standard member and 2% if you're a premium member.
You do not earn commissions when referrals use 're-purchase funds' to buy adpacks. Also, half of all referral commissions go into your re-purchase account. That blows as far as I'm concerned, it means your hard earned commissions are at risk of not being paid out at all and best case means you must continue re-investing to see the full affiliate commission.
So best case is 5% and worst case is 0.5% actual cash commissions based on adpack purchasing from those you sponsor. It is simply not viable to be an affiliate for this company unless you are a premium member given these numbers.
What I Liked
- Guys behind it don't have a bad track record from what I can see and provide details on who they are
- Website is pretty well put together
- You could make some decent money if you put in a solid amount and re-invest it for a sustained period of time
- They are very clear about what each pack is, how much it pays out and when
- Not a typical overhyped sales page
- Refund policy on adpacks that have not been used on advertising (also depends on company profitbality)
What I Didn't Like
- This is an unregulated investment/ Ponzi scheme in my opinion- not an advertising platform
- Super high percentages being automatically placed into a re-investment account
- Half of your referral commissions get swiped to sustain the unsustainable
Based on what I have seen, this just isn't a sustainable way of building an online business and provides low quality traffic for advertisers, as do all traffic exchanges in my opinion. They appear to go to great lengths to make it sustainable but unfortunately they are just prolonging the inevitable.
ROI's are directly reliant upon new member investment and when this slows the company becomes unable to pay out these returns. That is just the way these programs work. Unless they introduce a means of acquiring genuine advertising revenue outside of members chasing passive ROI's, it doesn't look good.
I do not recommend this as a sustainable and longterm online business or advertising your products and services.