I came across BeepXtra on FaceBook around a month ago and was going to write a review back then but didn’t feel like posting at the time. I wish I had posted at the time as this opportunity was screaming scam to me at that time and even more so today. What is BeepXtra? It’s simply a discount and loyalty program marketed as the greatest thing since sliced bread.
Bottom line it’s nothing more than a MLM in one of many in a long list of MLM “opportunities” in which thousands of people will lose their shirts. Last month when I went to their site there was a sales matrix as well as information as to how much of a “few dollars” it would cost a business owner to integrate with their super awesome system. Today? All of that information is gone and in it’s place is some rather visually impressive sales fluff as to how great BeepXtra is!
How is BeepXtra supposed to work? As a BeepXtra card holder you can earn 10% cash back on purchases you make at participating BeepXtra locations. Sounds great. I get my haircut and a participating BeepXtra location and pay $10 for the haircut. I just earned $1 for doing what I normally do anyway….SIGN ME UP!
In reality you go to get your $10 haircut and your barber says $10. You say “Do you accept BeepXtra?” Your barber replies “No and what in the hell is BeepXtra?” You state “BeepXtra is a discount and loyalty program in which you would need to part with a few dollars if you wanted to join. You provide an affordable discount of say 10% with would only be $1 and best of all, if you hand out BeepXtra cards to your customers you will earn a commission when those people shop at participating BeepXtra merchant!” You’re barber states “Sounds great especially for a few dollars!” Yes you have a sale, now all you have to do is ask your barber to part with anywhere between $125 and $400. (A few dollars my ass!!) Your barber states “You are an asshole, get your haircut somewhere else from now on.”
It’s no secret that I think MLM companies are the spawn of stupidity everywhere. With BeepXtra you can earn a percentage of a percentage of a percentage of a percentage which will have you driving a new Lambo in no time. Thankfully BeepXtra earns 2.75% of whatever the discount is which leave tons of cash for you to start building your McMansion. Let’s do some math.
Your barber, in an alternate reality, agrees to pony up $125 to get involved. BeepXtra gives him a few hundred cards to dispense to his already loyal customers (more on this in a bit) so your barber won’t even have to cut hair anymore. He’s going to be fucking rich when he earns 12% of the 2.75% that BeepXtra earns. After all this thing is fucking global! Ah, the percentage of a percentage. Your barber gives a card to one of his customers who uses the card at a participating merchant close by who gives a 10% discount on his daily lunch special. Yeah that 10% discount on the $5 lunch special earns BeepXtra 2.75% of the $5 for revenue of approximately $.14 cents. Luckily your barber just earned 12% of the approximate $.14 for a commission of approximately $.02 cents. He’ll stop cutting hair in no time with those $.02 increments.
Loyalty! People shop where they shop because they like shopping where they do. There’s a fucking bagel store 2 blocks away from where I live but it doesn’t stop me from getting into my car and driving 5 minutes, paying for parking and waiting 10 minutes in line to get the bagels that I like best. Know why? They have the best fucking bagels! The shithole giving me back 10% on their shit bagels and allowing me to get back $.10 fucking cents wouldn’t deter me in my mission for the best tasting fucking bagel. Fuck, I would pay them $.20 cents so I wouldn’t have to put their shit product into my mouth!
But KnowItAll, BeepXtra is giving cash back! So fucking what!!! My damn bank gives me cash back for shopping at certain merchants as does 500 of the fucking credit cards that I have in my possession. Cash back is nothing new. What is new is some assholes who decided to open a company in the Virgin Islands promising riches by allowing people and businesses to earn 12% of $.10 cents who can then earn 50% of the 12%. Again, a fucking percentage a percentage of a fucking percentage!!!!!!!
Think of this bullshit logically if you can. I start a company and state that you can earn 20% of the revenue that I generate. I generate $.20 cents so you can earn $.04 cents. Yes, you only made $.04 for all of your effort so I sweeten the pot. I state that I will also pay 20% of the 20% that other people you bring on will make. Yes! 20% of $.04 for a grand total of $.008 cents! Now we’re talking.
Bottom line is that successful businesses have no need to discount their services, that’s why their successful. They already have a loyal stream of customers who patron their establishments. Those who do not learn from the past are doomed to repeat history. Have no clue about what I speaking about? Do some further research you lazy asshole. Seriously do I really have to get into the whole discounted “coupon industry.”
Luckily the believer in BeepXtra will be able to prove me wrong once bstores.com launches in 9 short days. Once bstore.com launches I will surely be made a fool of as there will be hundreds of thousands of worldwide stores who have signed on for this amazing opportunity. More like failing businesses who are grasping for straws in order to keep the lights on.
Be forewarned…..BeepXtra is shit and will always be shit. In other words BeepXtra is a scam!!! Don’t think so….no problem. I will pay you 20% of the 5% this blog generates each and every month just as long as you market your ass off. You’ll make a hell of a lot more money than you ever will getting into bed with BeepXtra. Stupidity at it’s finest but than again stupidity is contagious!
UPDATE FEBRUARY 18, 2015
The above BeepXtra review was published on November 20, 2013 and earlier today I decided to head on over to BeepXtra to find out if BeepStores.com was finally activated and holy shit it has been. However, in the 15 months since this post was published the amount of participating merchants is hysterical. Yup I was wrong as BeepXtra is setting the fucking world on fire. Right here in the United States there is a grand total of 29 stores using BeepXtra! Europe consists of a total of 413 merchants which would be OK if it were 413 merchants in one country but not so much when the 413 is the total of 23 countries. I truly hope that that one merchant in Estonia can somehow have a customer who visited the one store Croatia so both can participate in the global phenomenon that is BeepXtra. Yes comment leavers it does take time to build a global network of merchants but in the 15 months since the above post was created and a grand total of 498 merchants in the entire world is not a phenomenon but rather downright pathetic as observed by the one merchant in Australia. The Netherlands by far has the most participating merchants but only has 132 merchants. Perhaps in 2 more years there could be a total of 3,000 BeepXtra participating stores in the Network which would still be a blip on the radar and nothing in the grand scheme of things. People must be making a life changing income with BeepXtra!