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You are here: Home > Internet and Businesses Online > Internet and Businesses Online > Program Review - Wang Rakyat (People's Cash) |
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Main Subject - Program Review - Wang Rakyat (People's Cash)
This online money making program is currently plying their trade only in Malaysia and claims to champion the plight and cause of the Malaysian people especially those with a household monthly income of Malaysian Ringgit $3,000 and below. As of time of writing, I still can’t quite figure out t According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product he actual business operation behind this program. I could not gather any information about their business or marketing plans anywhere on their website. However, the program does sound like an internet MLM (Multi Level Marketing) program when it requires the appointment of resellers and down l ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ines to execute their business plan. Their products are actually eBooks. They have a total of 18 core eBooks and another 14 are given free for every single purchase. Based from what we can gather from the list provided in their website, their eBooks are mostly how-to’s, tips and pointers on lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. running online businesses, sales letter and email writings, motivational products and online marketing. Frankly speaking, some of their eBooks looks very familiar for they can be downloaded freely from the internet since they have become obsolete and irrelevant in current Web 2.0 online busin here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ess environment. The whole package costs Malaysian Ringgit $40.00. Whoever is behind this program tried to make this look deliciously cheap by indicating that it is a huge bargain for it was originally priced at Malaysian Ringgit $729.00! Can you believe this? :) Getting started on their bus d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro iness plan is simple enough. Purchase their eBooks at Malaysian Ringgit $40.00 and you’re good to go. In order to be promoted to the position of Top Reseller, you need to have at least 4 prospects as your down lines. You are only allowed to have 5 prospects as direct down lines though. Their ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc so called (5x5) Forced Matrix system also allows a single Top Reseller to tap into 5 different levels. Now, this is where it gets really interesting. This is no longer any ordinary MLM (Multi Level Marketing) program! This has become more like a Pyramid or Binary schemes where people at the t easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi p practically does nothing but let their down lines at each different levels do all the work for them. Theoretically, this program cannot be defined as a typical direct selling business program if we go by what has been stated and defined in the Malaysian Direct Selling Act 1993 since their nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically businesses and sales are purportedly done entirely online. However, if their resellers and down lines resorts to door-to-door, mail order or making phone calls to secure a sale then they are required by the Malaysian Law to register and apply for the Direct Selling License. Unfortunately, the and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ program’s website does not provide me with any clues whatsoever on their marketing and sales strategies thus making the task of evaluating this mysterious program even more difficult for any curious folks. Are they purposely hiding something here? Evaluating this program today opens up more ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi questions. There are many discrepancies found today that I do not have any immediate answers and I believe it is best that I share it with everyone here: Who is running the program? Is it a business entity, an individual or a group of people? a. The program’s official website did not indic ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ate this anywhere in the website. Their whole background is pretty mysterious! Are they running a legitimate business? a. As I have said before, their business plan looks and sounds very much like an internet dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod m">MLM (Multi Level Marketing) program. They may not require a Direct Selling License to operate since they are conducting their business online; it is obvious that they are running a Pyramid or Binary scheme with that 5x5 Forced Matrix system of theirs. Hence, the legitimacy of this sche cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin me should be ascertained further with relevant authorities such as the Malaysian Domestic Trade & Consumer Affairs Ministry. Is there any growth potential in this program? a. I have doubts about the growth potential of this program especially after reading one of the clauses in their Terms tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen Conditions section. Parties who are interested in buying their product are more or less being forced to accept that they could not submit any form of protests if the management of this program made the decision to close down their website at any time. Everything is at the management’s discre t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel tion. Doesn’t that sound funny? Are there any given guarantees on their product? a. None whatsoever. There is no money-back-guarantee given that would let buyers who are not happy with the quality of the eBooks return the package back to the seller. As matter of fact, every potential custom ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust er is forced to accept their no-return policy upon making purchases. Any other reviewers would have given their thumbs-down on this program. I however would rather put a big question mark on this program to round off today’s program review. At first glance, this program is shrouded with ques y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products tions but we cannot really tell once and for all whether this is a scam or otherwise. If they are really serious about running this program, they should show their seriousness by providing clear answers to the above mentioned questions as soon as possible on their website. One possible explan . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de ation for all this unnecessary questions is that whoever is running the show does not have any experience nor exposure on running a well organized business online. Worst of all, they might be up to something no good. Your guess is as good as mine. This program could either be genuine or a jus elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip t another one of those scams. Malaysians who are interested in joining this program are strongly advised to seek as much intelligent information about the program and the people behind them before committing tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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