Skybiz

Skybiz was an online business that spread to over two million websites and around two hundred countries. Skybiz’s main product was what they called WebPacks which they sold though an army of affiliates.

Skybiz operated like any down line multi level marketing network does. The people that they recruited needed to sell a certain amount of WebPacks before they could see a cent of their commission.

The reason that this review is in the past tense is because as of 2001 Skybiz has been permanently shutdown by the FTC on accounts of being a pyramid scheme.

The difference between an MLM and a Pyramid Scheme is that even though they use the same business model in an MLM an actual product is sold while a Pyramid Scheme only sells memberships into the Pyramid Scheme, which is essentially what Skybiz was doing.

Skybiz countered the attack saying that they in fact do provide a service in the form of their training and website. However the government stipulates that in addition to having a product or service for sale it needs to be something that a reasonable person would purchase without compensation. This is where Skybiz failed to prove it self, since the only reason people were buying into Skybiz was because they claimed you can make a profit.

There have been rumors of a Skybiz come back but I’m sure it’s doubtful since there reputation is tarnished by the FTC’s case. There have been some Skybiz spin off operations but these types of businesses usually come and go after they get their money or get shutdown.

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