Welcome to my unbiased DuePoint Review.
I have spent 48+ hours reviewing the duepoint.net system and how people are making money with the Duepoint system.
You might be asking if Duepoint is legit or a scam? I will answer those questions late in this DuePoint review.
Therefore, you need to read this DuePoint Review until the very end to make an informed decision.
In this DuePoint Review I will cover:
- What is the DuePoint System is all about
- If the business is still effective in 2022 and behind
- The common complaints people have about DuePoint
- If Duepoint is a pyramid scheme or MLM company
- If the whole thing is legit or a scam
- The alternative DuePoint
So, stay tuned…
But if you are in a hurry you can also watch this DuePoint video review below:
South Africa economy is very bad right now.
The COVID 19 does not make things easy too.
You are probably worried about your income and how you are going to pay your bills.
You have watched the DuePoint Presentation and you understand how people make money with the DuePoint System.
You are excited and also a bit sceptical at the same time.
That is why you are doing a couple of research about the Duepoint system.
I have to congratulate you for taking the time to do your due diligence.
Nowadays people can do anything to make money out of you.
To understand the opportunity and legitimacy of the company or a program you need to read a couple of reviews on the internet.
In this Duepoint Review, I will tell you everything about duepoint.net including the good, the bad and the ugly.
Without further ado let’s get started
DuePoint is a network marketing that offers an opportunity to South Africans to make money by recruiting people to join the Duepoint System. Company name: DuePoint Website: https://www.duepoint.net Owner: Brendan Benfield & Rob Vanderbijl Product/service: Insurance & Network Marketing Cost: Different prices Is DuePoint Legit: YES The Wealthy Academy Rating: 2/5 Do I recommend this? No Instead, I recommend my reader to start an affiliate marketing business this the future of the 21st century you check out My Free Affiliate Bootcamp training and learn how to earn affiliate commissions with your laptop.
What Is DuePoint?
DuePoint is a network marketing company that claims to offer true financial freedom for all South Africans by allowing them to build a channel of distribution.
By leveraging their natural spheres of influence, facilitating the duplication of your own time and effort in creating a persistent monthly income for yourself.
DuePoint is a division of Constantia Insurance.
By joining Duepoint you will be recruiting people and everyone you recruit must subscriber to insurance plans below:
- Access Wealth
- Family Wealth
- Wealth Guard
- Legal Guard
- Medi Guard
- Heritage Life
As a DuePoint distributor aka Wealth Engineer, you need to subscribe to one of those insurance plans and recruit more people to join DuePoint.
Below is the DuePoint Teams
How to become a Wealth Engineer
You will need to visit the DuePoint website www.duepoint.net and click join on the main navigation bar.
This message below will pop up.
Therefore, if you were introduced to DuePoint by Wealth Engineer you will need to enter Wealth Engineer Number.
He/she can get a commission for referring you to the DuePoint and you will need to subscribe to one of the Constantia Insurance service plans which are:
Access Wealth: R349 per Month
The AccessWealth Plan consists of 2 products which are:
- Tax-Free Investment Account: it is an investment account where you can contribute R100.00 to R2500 per month and withdraw at any time without delay or penalty
- Personal Accident Policy: It is R120,000 personal accident cover underwritten by Constantia Insurance Company Limited.
Family Wealth: R299 per Month
This is Funeral Plan + Credit Life Cover. The insurance product is underwritten by Constantia Life and Health Assurance Company Ltd.
This covers you and your family’s funeral costs as well as offering R10,000 cover against any outstanding debt you have specified.
Wealth Guard: R269.00 per Month
This is Personal Accident Cover. The insurance product that covers you in the event of accidental death is underwritten by Constantia Insurance Company Limited.
But it does not cover you in the event of death through natural causes or illness.
Legal Guard: R269 per Month
This is a Legal Support, Representation and Indemnity. It gives you access to a legal helpline and up to R250,000 legal expenses indemnity per matter as well as CCMA representation and the drafting of various legal documents.
How Does DuePoint Work?
As I said before, DuePoint is an MLM business you will need to recruit people to join DuePoint.
As Wealth Engineer, you will need to build a channel of distribution. This means you will need to recruit more people to become Wealth Engineers.
You will earn commissions from the people the recruit in your down line.
To understand better the business opportunity I have included this presentation below that explains everything in detail including the DuePoint Compensation Plan.
But you will need to come back and read this Duepoint Review until the end to find out if this going to work for you.
To make money with the Duepoint system you have to recruit more and the potential to make decent money is very low.
Is DuePoint Worth It?
At some point, we all need insurance and DuePoint offer the best insurance policy through Constantia Insurance Company.
The insurance plan is affordable and if you invest in it will be a very good investment for you and your family.
However, when it comes to business-wise I do think DuePoint is worth it and the earning potential is very low.
Do not get me wrong there is nothing wrong with DuePoint.
But the business model that DuePoint is involved in shows low earning potential and only 5% succeed in the MLM business.
The DuePoint teams are aware of the success rate. You can look at their earning disclaimer on this screenshot.
The question you might need to ask is why Duepoint chooses the MLM strategy.
The answer is the MLM business is more profitable to the company than the Distributor (Wealth Engineer).
It cut the company marketing cost and increased profit.
And then you are not only a Wealth Engineer you are their salesperson and their loyal client. (you buy an insurance plan and you recruit more people in the business)
How to make money with DuePoint System?
Everyone that you recruit in your channel will earn R27.5 recurring income as long as the person keeps paying the insurance plan.
From levels 1 and 2 DuePoint will be paying you 200% of the people you recruit which is R50 per person.
From level 3 you will earn 100% of the people you recruit which is R27.5 and for level 4 downward your earnings start to decrease.
DuePoint System uses the 3 + 2 formula for the first month you will need to recruit just 3 people and every month you recruit just 2 people you will be earning in 6 months R2500 per month.
R9,000 per month within a year and R18,500 within 2 years and within 5 years you can earn close to R100,000.
This is just the theory if you respect the 3 + 2 formula and it looks very simple on the paper.
According to due.com, only 1% succeed with the MLM.
It is very hard this business model that why I recommend my readers to start Affiliate Marketing business with the same effort you can earn a decent income and you do not need to recruit people.
You will also need to watch this video below that will help you understand the MLM business.
Therefore if you are disgusted about MLM and you need another business model.
You can sign up for My Free Affiliate Bootcamp for beginners to kick start with your online business and learn how you can earn affiliate commissions with your laptop.
Is Duepoint a pyramid scheme?
Technically Duepoint is not a pyramid scheme. It is an MLM company that sells insurance plans through its Distributor called Wealth Engineer.
A pyramid scheme does not have any retail products or services to sell to the public.
Once you sign up as Wealth Engineer you will have to subscribe to one of the insurance plan that Duepoint outsource to the Constantia Insurance Company.
Therefore, Duepoint does not have any retail products or services to sell to the public. The services that you get from Duepoint it outsources from another company.
The company is aware that the pyramid scheme is illegal in South Africa to cover their scheme they need to come up with a product to sell that does not belong to them.
Duepoint has the element of a pyramid scheme. It is already written on the website.
As Wealth Engineers of DuePoint you are not involved in the sale of our products and you are not a financial advisor or intermediary for DuePoint. Your only focus is the development of your channel and the pursuit of your own financial freedom”
Do you understand?
As Wealth Engineer is all about recruiting people to make money. They make it sounds sweet by the development of your channel in reality is recruiting people in the system.
The DuePoint System Pros and Cons
- It is about investing in yourself: To be honest, this is a good investment. Our daily life is at the risk you will never know when an accident can happen or involve in a legal matter this can happen to anyone including me and you. With the DuePoint WealthGuard and LegalGuard, you are on the safe side. That is not all they are 4 more plans you can check on.
- Recurring Income: As Wealth Engineer you will be earning recurring income from people you recruit until they decide to stop paying for their subscription. You can build a passive income with the DuePoint system if you have many people on your channel.
- Look like a Pyramid Scheme
DuePoint main focus is based on recruiting people.
Yes, people subscriber to the insurance policy but the Wealth Engineer are more focused on recruiting people to build the channel of distribution.
But someone might disagree with me so let’s look at the definition of the pyramid scheme.
According to Wikipedia is
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products
You can also look at what is written on the DuePoint website below:
After reading this. Is DuePoint a pyramid scheme? Please leave your comment in the comment section to share your option on this.
- Low Earning
I guess you have watched the DuePoint Presentation, you will earn R55.00 on level 1 and Level 2 then your recurring income with start decreasing.
The earning potential with the DuePoint System is very low you need to recruit more people to earn a decent income.
With Affiliate Marketing you can find products that can pay you more than $500 in commission for one sale which is around R8,000 if you promote high ticket products.
I will suggest you start a High Ticket Affiliate Marketing business this is better than MLM or Network Marketing and you do know need to recruit people to make money.
You can promote any product on your website that pays a high commission.
You can do it all over the world with no limitation to one country the only thing you need is an internet connection and a laptop.
Therefore, if do not have any idea how affiliate marketing works and how to leverage the internet to build 6 figure dollars business.
You can check out Free Affiliate Bootcamp for beginners you will get all the tools and the training to succeed with an online business.
Multi-Level Marketing VS Affiliate Marketing (infographic)
Below is the infographic that explains the differences between Multi-Level Marketing (MLM) and Affiliate Marketing.
Can DuePoint Make you Rich?
Everyone is concerned about being rich. My question to you is what is your action plan to achieve your goals?
To answer this question yes you can make money with DuePoint but it will take you a lot of time to achieve it.
You will need to be a go-getter if you watch the Diepoint presentation until the end you will understand that you will need to build your channel of distribution to make money.
The more people you bring in the business the more money you make.
My next question is how many people can you recruit?
If you are not sure then you will not be making money with DuePoint.
This is direct marketing you will need to network and sell people the dream to join the board and build your channel.
To succeed with this business model the chance is only 5% it is either you make money or lose money.
But with DuePoint at least you are investing in yourself.
Therefore, if you do not like the fact that you will need to recruit people and to make money but you are still interested to start your home business.
I will suggest checking out My Top Recommendation where you will learn to build a stream of income without recruiting people or meeting anyone better yet you are working in the comfort of your home.
Every company has pros and cons. If you research for Samsung or Apple complaints you will certainly find one or two complaints that do not mean the company is bad.
I have done my research and I did not find major complaints by the time of writing this DuePoint Review.
if you have one please scroll down and leave your complaint in the comment section it will help someone to make an informed decision.
But talking about Due Point and the business model if you are thinking of quitting your job to be a fully Wealth Engineer you will need to think twice MLM business takes a lot of effort and only a few people succeed in this business model.
But there is also an alternative to MLM business which is affiliate Marketing here you have the chance to succeed.
You can check My Best Work At Home to see how it works.
Is DuePoint legit or a scam?
If you read this DuePoint Review until here you will understand that DuePoint is a very legit company and you will certainly make money as Wealth Engineer.
But you need to put effort into building your channel (team).
A lot of people who desperately need money or looking for overnight success or a get-rich-quick scheme will join a company like DuePoint thinking like they will make money quick.
Once they realize it takes a lot of effort and they start calling a good company a scam just because they did not get what they expected.
Therefore, if you watch the presentation you understand they emphasize that DuePoint is not a get-rich-quick scheme.
You will need to put in some hard work to see the result.
Even though I am already turning off for the fact that you need to recruit people to make money.
If this turned you off too you can try Affiliate Marketing and Wealthy Affiliate training will help you to understand how to make money with the internet.
Alternative to DuePoint System
The alternative to the Duepoint system is to learn how to make money online. There are many ways to make money online.
But you need to find a method that is going to work for you. I am Affiliate Marketer I promote a couple of products online and make commissions.
I love this business model due to its Geographical Independence. You can do it from anywhere in the world with your laptop and internet connection.
You have a passion for Dogs. You can design a website that talks about dogs and how to train dogs.
You can look for Affiliate Program that trains dogs and sign up as an affiliate. Get an affiliate link for Dog food and other books from Amazon or other Affiliate Networks.
Place those links on your website people who are looking for Dogs food or training worldwide will find your website on google.
They buy those foods you recommend through your website and make commissions. That is how people make money online.
All you need is to follow your passion.
It works the same way you were looking for DuePoint Review on Google and you found my website.
The good thing is you are building your own brand without creating new products on the market.
You can check out My #1 recommendation platform to learn how to build a niche website and earn affiliate commissions with a laptop and internet connection.
However, if your passion is Forex trading.
You can sign up for free training with forexsignals.com. Forex trading is also a very profitable business but with a high risk of losing money.
You can minimize the risk by signup with forexsignals.com and learning from the best.
DuePoint Review – Final Verdict
When you are thinking of investing in yourself I will say DuePoint is the right choice. Their insurance policy will help you to save money and it is very affordable.
But when it comes to starting a business with DuePoint you will need to consider your time, profitability and how much you will make per month
DuePoint business strategy is based on multi-level marketing which means you will need to be more involved in recruiting people who are interested in this business model.
The more people you recruit the more money you make.
Yes, it sounds very easy to do.
But the hardest part is to find those people who are interested in this business with affiliate marketing people already searching for the product to buy.
They just looking for more information to make the decision. You as an Affiliate Marketer are just helping them in the decision making.
MLM business involves more in talking and convincing people to join the business for you to make money and organize a lot of parties to increase your chance of networking.
However, if you are like me who does not like bothering people and you want to earn some cash full time or part-time you can check My Top Recommendation and learn how to make money online with your laptop and internet connection.
You can do it from anywhere in the world without bothering anyone.
Your thought of Duepoint System
Are you a Wealth Engineer or you have been in the past? Please share your experience whether good or bad it does not matter as long as is useful to my readers.
Thank you for your support.