u-economy
High Ticket Programs, MLM's

Is Peter Wolfing’s U-Economy Program a Scam? – Real Review

u-economyIf you are wondering is U-Economy a scam then you are going to want to read this over. I am not promoting this program and in this review I take an un-biased rational approach to it all. Many of the people out there are promoting this program to make money so the information given will likely be misleading and make things seem better than they are.

I’ll get straight to the point right now and tell you that No, U-Economy is not a scam. However, there are definitely some things that you absolutely need to be aware of beforehand. In this review I’ll be going over what exactly U-Economy is, how it works, how you make money, some complaints I have and more.

U-Economy Review

If you have watched a promo video for U-Economy then you are probably suspicious of the claims made. They really hype up this program and make it seem like the greatest thing that has ever existed when it comes to attaining financial freedom.

The sales video that I watched over made some claims such as it will change your life, only 1% of people know about this, it works for every one even with no experience, and more. This is actually all true but somewhat misleading as you will see.

What Is U-Economy?

U-Economy is basically a digital marketing/personal development program. Its goal is to help people create their own economy by making money online.

With this program you are provided with all the tools and training needed to make money online along with products to sell. You can make insanely massive commissions selling these but that comes with a cost, which you will see when I go over the costs of it all.

Peter Wolfing is the CEO of it all. He is a veteran in the network marketing world and has been working in this industry since back in the 80’s as far as I know. He has a pretty good reputation and seems to be a trustworthy guy.

 

What It Provides

U-Economy is basically one of those programs that people buy into to make money online and then they end up making money online by getting other people to buy into it. It is similar to programs like Aspire, 16 Steps to Six Figures, and MOBE in a way, yet it is still very different.

There are a variety of different products within the U-Economy program. They start off pretty cheap but if you want to make good money then you are going to have to pay the price. They provide everything from beginner training in the digital world to extremely expensive courses taught on cruise ships, exotic locations, and so on.

U-Crew is mandatory if you want to be a member and will give you access to the back office where you get an autoresponder, capture page builder, contact manager and pretty much everything you need to make sales. But you won’t be able to make much with this alone. You will have the ability to market products on a webpage, capture leads, and all of that but you don’t really have any products to sell at this level.

You will need to to purchase products from the U-Marketplace or U-Academy if you want to earn good money. When you buy these products you will also buy the “licensing rights” to them, meaning that you will then be able to sell them to other people.

How You Make Money

Well as I just touched upon, you will be making money by selling U-Economy products to other people. You will first have to purchase the products yourself in order to gain the licensing rights to be able to resell them however. If you purchase a higher priced product within U-Economy you will automatically get the licensing rights to the lower cost products.

You will be able to make up to $50,000 per sale which is insane. I think this is literally the highest ticket program I have ever reviewed. But of course if you want to be able to make money like this you are first going to have to spend a fortune.

The Compensation Plan

The amount that you can get paid depends on the type of product that you sell within U-Economy.

U-Marketplace Products

You will earn 95% commissions on the sales of products within U-Marketplace. The products that fall into this category will range in price from $25 – $500. They are on the cheaper side and are what beginners usually start out trying to sell.

U-Academy Products

These are your high ticket products. They range in price from $1,500 to a whopping $50,000 for their U-Network Mastery course. With these products you will get to keep 100% of the sales price. However, you must “Pass up” your second sale to the sponsor who recruited you into U-Economy. Then after that you get to keep all the sales for yourself.

* I’m not sure if there are pass-up sales with the U-Marketplace products, but I think so.

U-Crew

For the U-Crew service, which provides you with the tools to keep your business running, you are required to pay a monthly fee of $39.95. Likewise, the people that you recruit into U-Economy also have to pay this monthly fee.

With the residual commissions from this you can earn down to 12 levels deep. This means that you will be able to earn commissions from the people you recruit in (level 1), the people they recruit in (level 2), the people they recruit in (level 3) and so on all the way to level 12.

What Happens When “U-Coaches” Make Sales

If you let the U-Coaches close sales for you then you will get 50% commissions. These people will follow up with your leads by getting in contact with them via phone & email and will try to get them to join in. You don’t need to use these coaches but they are there if you choose to.

The Cost

The cost of this program ranges greatly. You can get their cheaper products from the U-Marketplace for as low as $25 but as you work your way up, which you are going to want to do, the products get more and more expensive. The most expensive one is their U-Network Mastery course for $50,000.

If you want any chance of making good money with this program you are pretty much going to have to purchase the more expensive products. As I mentioned earlier, you have to buy what you want to sell. When you buy products you also buy their licensing rights so that you can resell them and make money doing so. And of course you are going to be able to make a lot more money selling the higher priced products.

When you make a sale you get to keep all of it if the product is one of their high-ticket products from U-Academy and 95% of it if its from the U-Marketplace. The only money that the U-Economy company makes is from the licensing fee, which will range from $5 to $1,995.

Concerns

The Way The System Works

One thing that I’m not really a fan of is how the whole system works. Its basically one of those systems that you buy into to make money online and then you make money online by getting other people to buy into it. Sure they also offer a lot of personal development material and so on, but the avenue that they give you to personally develop and make money ultimately leads back to promoting this system.

I almost wonder if its all a grand setup to get people motivated to go out there and promote the program more and more. I hope not but some times it seems like it might be.

Either way I don’t really care for how the system works. The core of the entire program is to make money online by promoting the products so that others can make money online by promoting the products, and on and on and on.

Members Attacking Nonbelievers

I was reading through some complaints on sites like Ripoff Report from people who bought in and felt they were mislead. These complaints are almost always met by an angry member that will defend the U-Economy system at all costs. This seems to be very common in the network marketing world. There are die-hards out there that will defend their income stream no matter what.

This definitely doesn’t mean that the program is bad or anything but when I see things like this happening it is a turn-off. I would rather see a friendly rebuttal of the complaint rather than another members slamming them.

My Opinion of It All

I know I’m going to get a lot of hate for what I’m about to say but honestly I don’t agree with what is going on here. High ticket programs like this are all about the money. Its all just a big flow of massive amounts of money with little value being exchanged in between.

I’m not saying that U-Economy doesn’t provide any value. They actually provide a heck of a lot. They provide all the tools necessary to run a successful money making online business. But are their products really worth as much as they are priced at? Should you really have to pay $50,000 for their top notch course?

My opinion is that no you should not have to pay that much and that these prices are extremely inflated all for the purpose of being able to make a ton of money selling them to other people. I don’t see these products being worth their price. The reason they are priced so high is so that the people selling them can make a lot of money, and the people buying them are doing so in order to make a lot of money themselves when they go to sell them.

I feel like many of the people buying in at these high levels are doing it so that they have the licensing rights to sell them.

If anyone wants to argue this opinion with me I would be happy to hear it in the comment section at the bottom.

The Recruitment Side of It

Something else worth thinking about before you decide whether or not to buy in is the recruitment aspect of it. I’ll give you my opinion on this too.

So making money with this system is all based around recruitment. Its not your typical mlm opportunity where you have multiple levels beneath you that you are earning money from (exception of the U-Crew compensation plan) but recruitment is just as important as if it were.

I’ll give you and example of why it is…

Lets say you recruit someone in. You make money from the sale of the product that you recruit them in at. Then your second sale gets passed up to the person above you, who recruited you in. Then after that you get to keep every sale for yourself. The same goes for the people you recruit… their second sale gets passed up to you. And then those people’s second sales get passed up to you. This happens over and over again with no limit.

So not only are you making money by recruiting people in, but you are also making money from the people they are recruiting in, and the people they are recruiting in, and so on. Its basically the same darn thing as your typical pyramid-like mlm in a way. And what happens with mlm’s? The answer is that most people fail because those with the most recruits branching out beneath them are the ones making all the money while those newbies, or the ones that aren’t good at recruitment, are the ones that lose out and fail.

Conclusion on U-Economy – Good Opportunity or Not?

Whether or not you think this is a good opportunity is really up to you to decide. Personally I don’t really like these overpriced high-ticket programs. I don’t think that Peter Wolfing is a bad guy or anything, I bet he really believes in this program, but we just have difference of opinion here.

I know there are a lot of people out there who will defend this program to the death because they were able to make a lot of money with it. I understand that this is possible but I still don’t agree with what is going on. Look at how the members are making money…. they are just reselling these overpriced products to others, and then the cycle continues.

Anyways…. I hope you enjoyed this review. If you want to argue with me you can do so in the comment section below.

Also if you are looking for a much more affordable way to make money online then I suggest taking a look at how I do so here. I make a living working online and have been doing so since 2015. You can learn how I do it here.

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