Is The Overnight Cash System a Scam?
ABSOLUTELY NOT...but IT'S NOT THE BEST EITHER!
Is Cash Gifting a Scam?
The Overnight Cash System (TOCS)
Review: As an internet-based cash gifting activity, TOCS is the "baby" of online cash gifting programs since it's only been around for a little over 2 years, but it's gaining in popularity. It uses a 1Up style structure like the others and offers members one of the most professional and hands-off systems out there. There are 5 levels or "tiers" in TOCS: $500, $1,000, $2,500, $5,000, and $10,000. Interested prospects visit the website to read all about the program, listen to the audio recordings, read the testimonies, watch the movies, then they can call in toll-free or submit a Callback Request and get all their questions answered "customer service" / "team leader".
There are additional fees required to become a TOCS member. These fees are determined by which Tier Level you choose to get started with and range from $200 to $1,000. There's also a monthly fee of $29.95 for the hosting of the replicated websites as well as access to all the marketing tools. They give a discount if you purchase a one year subscription up front. Just to be clear, the fees I just mentioned are in addition to the initial cash gift that's sent to the sponsor.
The Pros: With the lowest entry level being only $500, it's accessible to the masses. The system is highly automated and members can participate without having to talk to a lot of people.
Best Feature: Professional TOCS Team Leaders personally call and answer all your prospects questions for you, so it can be almost completely hands-off on the member's part. This really appeals to people that either have a fear of the phone, or just wanna be more anonymous and 'fly under the radar.'
The Cons: The TOCS Website has a "Get-Rich Quick" Feel to it and that actually turns some people off. Thus, the conversion ratio for visitors is really low. The high administration fees are only making TOCS richer and they are mooching off everyone else's marketing efforts. The materials they provide are easily available for FREE if you join the right team with another cash gifting program such as SOW Today. Also, they have a strict "no deal" policy on gifts.
Biggest Flaw: Biggest thing that I found was the strict restrictions they put on "use of their marketing materials". Also, you are not allowed to change the content of the letters that are sent out to your prospects via the TOCS auto responder. They have the right to eliminate you at their will (I know people who have gotten success there only to have made a mistake in marketing and had their site shut down permanently). Another major downfall is that you have to get all your materials approved by TOCS before publishing them.
Personal Opinion: TOCS has a good concept with the customer service but I personally don't like it. It's never a good idea to have other people contact your leads...I learned the hard way. I believe that helping people out through support, training, and good information while teaching them how to be independent is the best way to foster leadership and build strong downlines for any program you are in. This concept is fairly new so it will take time to prove itself. The conversion ratio for visitors to opt-ins definitely needs to be improved.
Here's my favorite link:
Spirit of Wealth (SOW) Today (OUR PROGRAM)
Review: SOW is very similar in many ways to NOSS and was supposedly founded by a group of former NOSS members that broke off to start their own program because they wanted more freedom in the way they market the program. SOW is around eight years old and has over 40,000 members in over 16 countries. Like NOSS, SOW also appeals to many people because it has 4 levels of participation: $500, $1,000, $2000 and $3,500. It's professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received, etc. The tracking software runs about $129 per year. Many teams within SOW use automated internet-based systems like websites and streaming audio, etc.The Pros: Unlike NOSS, there are ZERO Marketing and promotion restrictions making the entire program easier to enroll people in. With the lowest entry level being only $500, it's accessible to the masses. Most SOW members use replicated websites that incorporate recorded overviews so no personal explaining is necessary and this in turn keeps the follow up minimal. There is zero cold calling or salesmanship needed with this type of automated system. Cash gifts are delivered to participants via Fedex, UPS or DHL.
Best Feature: Unlimited marketing potential. Again, the low entry fee of $500 makes this program accessible to many people. The automation using websites to deliver the information saves time and give people more freedom as to how they want to promote the program.
The Cons: It was really hard to find a flaw with this program. The only thing I could find that I would consider a 'Con' is the fact that when someone has questions or wants to get started with this program, they have to call their inviter to get started. I look at it more like a courtesy thing. Shouldn't you know who you are gifting before you "gift" them?
Biggest Flaw: Some teams in SOW have great marketing systems and strategies in place and some don't. If you join this program, make sure you are working with a strong mentor and team with great marketing tools like Our Team Maverick with the Magnetic Gifting System.
Opinion: SOW has taken some of the "negatives" from other programs and use the rest of the positives like the internet systems, video testimonials, direct mail marketing, etc. If you can find a good team and marketing system, you'll have a greater chance at succeeding in SOW long-term. I give this program my highest recommendation, because of the amount of control you have over your future. When you join Team Maverick and put the Magnetic Gifting System in use - your results will be phenomenal and your cash flow will increase dramatically due to our training and mentoring of YOUR downline.
ALSO, MAKE SURE TO LOOK AT THE WAY EACH OF THESE PROGRAMS WORKS... THE 1-UP STRUCTURE IS SIMILAR BUT WITH TOCS, YOU LOSE ALL GIFTS IF SOMEONE JOINS AT A HIGHER LEVEL THAN YOU...WITH OUR PROGRAM, YOU STILL GET WHAT YOU ARE QUALIFIED TO RECEIVE
Here's my favorite link:
FAQS
Read through this and decide for yourself
Private cash gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity.
The concept of private gifting is based upon the fact that both American and Canadian citizens as well as other countries, have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
The law states that one or more individuals can give a gift to another individual of up to $12,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. These gifts are not included in the gross income of the recipient.
Is this a pyramid?
Not at all! A pyramid is associated with an investment scheme, a company or a business. We are not a company, just a private sharing club. We have zero sales quotas, we do not sell positions and we do not have an ever-widening base to the structure, which just keeps going and going. A pyramid never allows anyone coming in on the bottom to ever reach the top. Everyone gives the same gifts, works together in a team and receives the same gift. In a pyramid, only those at the top profit while those at the bottom never reach the top. In a pyramid, people can and have lost their money.
A pyramid is also not to be confused with "Network Marketing". Although Network Marketing is a legal and viable source of income, when was the last time you, or anyone you know able to start at the bottom of the company and reach the top position? NEVER! We are neither a networking company nor a pyramid scheme.
How did this concept begin?
Our group started in 2001 and we have 50,000+ Members in 20 countries. Giving private gifts to one another is an expression of kindness, which has been going on for centuries. Very much like the traditional "Barn Raising" where an entire town would come together to help a family in need. The combined charity and synergy of people helping each other can create miracles! Governments have allowed its practice for individuals to share their wealth with families, friends and others. It has been a means of helping and blessing others on special occasions or when the need arises.
Many cultures gift as a matter of course. Asian, Jewish and South American communities gift individuals within their culture on a regular basis so that they may start a business or buy a home. They in turn gift someone else to help enhance their lives. Habitat for Humanity is a great example of private gifting. Everyone participates with their time, their talents and materials to build a home for someone else. Some participate with a hammer, some with nails, some with food and others with the monetary gifts to purchase the supplies, but all create a team that works together to bless someone's life. Ever see "Extreme Makeover?"
How does Cash Gifting work?
This activity is offered only by means of an exclusive one-to-one invitation. When someone accepts the invitation, they move through a natural progression from the giving to the receiving stage of the activity. In this activity, there is no fixed hierarchy of individuals who have an advantageous position or unfair advantage over new participants.
Who can participate?
As stated above, this is a private sharing group, and is offered only through an exclusive one-on-one invitation to individuals over 18 years of age. You are invited to learn more about our activity and become part of something extraordinary. Your geographical location is totally irrelevant with our revolutionary program!
Anyone can do this. Whether you are currently employed part-time or full-time, unemployed, retired, disabled, a student, single parent or a busy housewife, our amazing program will help you generate cash delivered directly to your door!
With my time tested money-making strategies and unique One on One training and ongoing support behind you, it really makes no difference whatsoever, whether you're an absolute novice or a seasoned marketer
I'm broke. How can I give someone a Gift?
Napoleon Hill in his famous book "Think and Grow Rich" said a BIG secret to wealth was OPM! Using other people's money! How bad do you want success!? "Click Here" for some great ideas!
Is this a company?
There isn't a company. We are a team of individuals and we give "Gifts" to one another. We are not a business or an investment. A company can't withhold or misplace our gift. We are totally in control and in charge of our own gifts and gift directly one to another.
How can you give to a stranger?
How many times have you given to United Way, the Salvation Army and other charities? You don't know who got the gift, what stranger. The only difference here is that this person will start out as a stranger, but you will get to know them as part of the team, work with them and perhaps develop new friendships. We all have met some of the most wonderful people and have made a lot of new friends across the country and the world. These people are giving, they like team dynamics - they are people we want to meet and befriend.
Why would I want to participate?
"Gifting" has changed countless lives for the better. People who were about to lose their cars and homes have been saved from financial ruin, college education's have been made possible, and nearly forgotten dreams have come true, all from participation in "Gifting". "Gifting" is the fastest way I have found to legally and ethically generate cash.
Do I have to share this with family and friends?
Not at all! The system helps direct you to the resources of like-minded individuals that want to change their lives with this activity through our proven marketing methods.
Can I do this part-time?
Yes. Many people easily work this activity around their existing schedule. It's a matter of setting priorities and fitting this into your current lifestyle.
Do I have to be a salesperson to do this program?
Not at all! There is zero selling or pressure. It is simply a matter of sharing this opportunity with others.
Is it legal?
Yes. Churches, civic groups and people from around the world have participated in organized gifting for over 300 years. Laws state that it is legal for individuals to exchange gifts. In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen's rights to earn, pay taxes and give away property and cash as long as it is done according to the laws and codes of this country.
Can I join at any level to begin?
Yes. You can start by sending a gift of $500, $1000 or $2000 or you can JUMP START with a $3500 gift!
*SPECIAL TEAM OFFER*
*NO QUALIFYING PERSON NEEDED
With a $3500 "Gift".
*Immediately Receive Cash
WITHOUT Giving 1 Away.
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-Of Course...
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Just wanted to say that your article is very well written. I am a newbie to internet marketing but thought you answered most of the questions a person would ask. Thanks again and good luck to you.
sandy
Posted April 25, 2008
