Sunday, September 11, 2022
HomeNetwork MarketingJourney expanded with pyramid considerations

Journey expanded with pyramid considerations


Hapi Journey is a by-product of The Pleased Co.

BehindMLM first reviewed Hapi Journey again in January. We have been initially confused as to Hapi Journey’s compensation plan, later discovering out it shared that of The Pleased Co’s.

This appeared cumbersome, owing to the corporate’s having totally different merchandise (dietary dietary supplements versus journey memberships).

Seems we have been on the cash, resulting in Hapi Journey spinning off with its personal compensation plan on or round July.

At present we’re revisiting Hapi Journey as a fully-fledged stand-alone MLM alternative.

Hapi Journey Company

Hapi Journey nonetheless don’t present company data on their web site.

This was a compliance downside BehindMLM recognized in January, and it stays unresolved.

I went searching for company data on dad or mum firm web site The Pleased Co, there’s nonetheless none supplied there both.

BehindMLM first recognized this as an issue again in April 2021.

The selection to cover firm possession and govt data from customers doesn’t replicate effectively on The Pleased Co’s and Hapi Journey’s administration.

So far as we all know, The Pleased Co remains to be owned by founder Fai Chan, aka Chan Heng Fai.

Again in January Garrett McGrath was working as CEO of each The Pleased Co. and Hapi Journey. Having solely been appointed to the position in late 2021, it appears someday after January 2022 McGrath break up.

There’s no point out of McGrath in a September 1st press-release, asserting the launch of Hapi Journey within the US (Hapi Journey already launched within the US final yr so I’m unsure what this advertising nonsense is about).

Named executives within the press-release are:

  • John Thatch – CEO of Sharing Providers World Company (dad or mum firm)
  • Dave Dove – Vice President of Hapi Journey and
  • Dave Worth – Operations Director of Hapi Journey

Whether or not Thatch can also be CEO of Hapi Journey is unclear.

Hapi Journey’s Merchandise

Hapi Journey markets a $50 a month Explorer membership.

Explorer membership offers entry to a reduced journey and leisure reserving portal, financial savings apps, reward playing cards and a telemedicine service.

HAPI Journey Members save on every thing from skilled sporting occasions and live shows to film tickets, Disney & different theme park admissions, Broadway and Las Vegas reveals, native and regional sights and way more!

Further financial savings apps embody Procuring Boss.

Telemedicine is supplied via SwiftMD.

SwiftMD is main the modernization of routine medical look after sufferers and lowering prices for purchasers.

There aren’t any lengthy, sophisticated varieties or on-line questionnaires to fill out and our common callback time to hook up with a physician is 7 minutes.

SwiftMD is a third-party firm which, so far as I do know, has no direct company ties to Hapi Journey.

Hapi Journey “add ons” embody Elite+, Share Pack and Share & Keep Pack.

Elite+ is $2500 after which $244 a yr.

Supercharge your membership with our value-packed ELITE +.

Get entry to 1000’s of extra trip choices and big financial savings on resorts in additional than 80 nations across the globe.

A Share Pack is $250 and a Share & Keep Pack is $500. No details about these add ons is supplied.

Hapi Journey’s Compensation Plan

Hapi Journey’s compensation plan pays on Explorer membership gross sales to retail prospects and recruited associates.

Direct Fee

Hapi Journey associates earn a 15% fee on Explorer memberships they personally promote to retail prospects and recruited associates.

Residual Commissions

Hapi Journey pays residual commissions on Explorer Memberships by way of ten bonus swimming pools.

Every bonus pool is known as a “membership” and is made up of three% of company-wide membership income.

Qualifying for every membership requires the next standards be met:

  • Membership 1 – promote and preserve 3 Explorer memberships, and generate and preserve 5 firm Explorer memberships
  • Membership 2 – promote and preserve 6 Explorer memberships, and generate and preserve 15 firm Explorer memberships
  • Membership 3 – promote and preserve 10 Explorer memberships, and generate and preserve 80 firm Explorer memberships
  • Membership 4 – promote and preserve 15 Explorer memberships, and generate and preserve 250 firm Explorer memberships
  • Membership 5 – promote and preserve 20 Explorer memberships, and generate and preserve 500 firm Explorer memberships
  • Membership 6 – promote and preserve 30 Explorer memberships, and generate and preserve 1000 firm Explorer memberships
  • Membership 7 – promote and preserve 40 Explorer memberships, generate and preserve 1200 complete downline and 2500 firm Explorer memberships
  • Membership 8 – promote and preserve 50 Explorer memberships, generate and preserve 3000 complete downline and 5000 firm Explorer memberships
  • Membership 9 – promote and preserve 60 Explorer memberships, generate and preserve 8,000 complete downline and 10,000 firm Explorer memberships
  • Membership 10 – promote and preserve 100 Explorer memberships, generate and preserve 20,000 complete downline and 25,000 firm Explorer memberships

Golf equipment are certified for sequentially and accumulate, supplied qualification standards is maintained.

Notice {that a} Hapi Journey affiliate’s personal journey membership counts in direction of their very own membership quota.

Complete downline memberships are journey memberships offered by anybody in a Hapi Journey affiliate’s downline (straight and not directly recruited associates).

Firm memberships check with any memberships offered inside Hapi Journey, tracked after you be a part of the corporate.

Solely lively Explorer memberships rely in direction of residual fee qualification.

Bonus Membership

The Bonus Membership is funded by one other 3% of Hapi Journey company-wide Explorer membership gross sales.

To qualify for the Bonus Membership, new Hapi Journey associates should qualify for Membership 2 inside 30 days of signing up.

As soon as certified for, so long as Membership 2 qualification is retained, associates will proceed to obtain the Bonus Membership each month.

For Membership 2 qualification standards, check with “Residual Commissions” above.

Becoming a member of Hapi Journey

Hapi Journey affiliate membership is $25 yearly.

Hapi Journey Conclusion

Hapi Journey is a extra streamlined providing than what was accessible in January 2022.

We don’t know who’s operating the corporate, there’s now just one membership choice, and The Pleased Co’s “this doesn’t actually match” compensation plan is gone.

Whereas Hapi Journey’s membership beforehand value $59 a month, it’s been dropped to $50 a month. The beforehand cheaper $29 a month choice can also be gone.

So far as I can inform the providing is usually the identical, maybe minus Koiyn Money Again?

Hapi Journey’s simplified compensation plan’s weakest level is there being no requirement for retail Explorer membership gross sales.

This implies you may pay $25, join Explorer at $50 a month and receives a commission to recruit others who do the identical.

This could be your basic MLM pyramid scheme.

One thing I haven’t seen addressed anyplace is whether or not Hapi Journey associates are required to buy and preserve an Explorer membership.

Regardless, if nearly all of Explorer memberships are held by Hapi Journey associates, this may affirm the corporate is working as a pyramid scheme.

Establishing whether or not your potential Hapi Journey upline is operating their enterprise as a pyramid scheme is straightforward.

Ask what Membership tier they’ve certified for, see what number of private memberships they’re required to promote to qualify, and ask what number of of these memberships are retail memberships (memberships offered to individuals who haven’t paid the $25 Hapi Journey affiliate price).

If the ratio is something lower than a 50/50 break up, that affiliate is operating their Hapi Journey enterprise as a pyramid scheme.

I can’t say whether or not that is the case company-wide, however the intentional vagueness and lack of retail membership necessities would definitely counsel so.

Between Hapi Journey’s ongoing disclosure points, rudderless administration and a query mark over retail gross sales compliance, I don’t suppose Hapi Journey is prepared for (re)launch.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments