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Speak Asia A Largest online survey group blended its Process with MLM so as to optimize its effectiveness and to get more panels with required efficacy. Opportunity for MLM Leaders. Ravi 09918011116 You can earn from Rs. 4,000 ($80) to Rs. 40,000 ($800) per month Get Paid for Your Opinion, That too weekly! With companies spending more and more of their budgets on advertising, your opinion is becoming extremely valuable. Participating in paid surveys means that companies can gauge your immediate response to their new products or marketing initiatives. Paid surveys can be filled in online over the Internet in the comfort of your own home or work place, so that you can register and participate at a time convenient to you. In just India alone, Companies spend nearly Rs. 300 Billion (30,000 Crores) on trying to convince people to buy their products and services Price Waterhouse Coopers Source: The Hindu, PWC (See Link). They minimize this expenditure, by finding out what are the actual needs, tastes and preferences of the consumer by conducting surveys! You will get to fill up a few surveys every week. At Speak Asia, we understand your opinion is valuable. You get rewarded for your honest opinion and the time you take out to respond to the surveys of our clients. All correctly filled up surveys will earn you reward points calculated on a weekly basis. These reward points can be redeemed 30 days after the submission of your survey. These reward points can also be used to buy products and services from us or our affiliates worldwide. But thats not all! You can also earn an extra buck by referring your friends to Speak Asia. Payments will be made as soon as your referrals join us as a panelist. Working with Speak Asia is perfectly legal. Our online research panels for market research are legally accepted worldwide. And so is our referral program that rewards you for your extra efforts. Sounds Too Good to be True? It sure will. Coz at first, I found it too good to be true too! It was only when I learnt that If an idea sounds too good to be true, it doesnt necessarily mean that it cannot be true. Although I was told about this opportunity by on old friend, Mr. Ajay. I still went ahead and did my intensive research on this. I scanned through the companys website (www.speakasiaonline.com), I spoke to existing Panelists in Delhi, Mumbai, Kanpur and Chennai who were already making money out of this and then I spoke to one of the Country Coordinators of the company; and finally I did my Own Calculations as to how this is really possible and I was convinced that this is legitimate & possible and Panelists are making money working from home.

Seeing people make money out of this, and take this up as a full time profession confronted me to join this opportunity. I joined as a Premium Panelist initially, and in a matter of a week, I was already making money! Later, I added more Sub-panels and I am making more out of my spare time! In fact, I found this concept so amazing, that I am now helping Speak Asia find more Panelists, and also, I am helping people find some extra income! No Fuss. Tell Me How Does it Work? Its Simple. Subscribe for an E-zine (Panelist Training Package) by Online Surveys Today, Singapore. Once you register, you will be given your Login Details to your Panel Centre. A typical Survey has around 25 Questions with Multiple Choice Answers, and each Survey takes around 10-20 minutes to complete, thats it! No Answer is Right or Wrong, because it is your Opinion. Every Wednesday, at 5:00 PM you will get 2 Surveys, which you may complete at anytime during the month. E-zine Subscriptions: Option A # Subscription Cost: Rs. 11000 Duration: 52-weeks Surveys: 104 (2 per week) Fixed Weekly Income: Rs. 1,000 Fixed Annual Income: Rs. 52,000 Almost 45% Monthly Return on Subscription Cost by Spending less than 40 minutes per week! Option B # Subscription Cost: Rs. 33000 Duration: 52-weeks Surveys: 312 (6 per week) Fixed Weekly Income: Rs. 3,300 Fixed Annual Income: Rs. 1,71,600 Almost 50% Monthly Return on Subscription Cost by Spending less than 2 hours per week ! Option C # Subscription Cost: Rs. 303000 Duration: 52-weeks Surveys: 3120 (60 per week) Fixed Weekly Income: Rs. 33,000 Fixed Annual Income: Rs. 17,16,000 Almost 50% Monthly Return on Subscription Cost by spending less than 12 hours per week!

Help Speak Asia meet the 12-lac Panelist requirement, Refer friends and earn Incentives as well as Appraisals in monthly income! Option D is a great opportunity for Dynamic People to realize their financial success and also take Speak Asia as a challenging entrepreneurial opportunity. Students, Entrepreneurs, Marketing Professionals etc whod help Speak Asia Online meet the Panelist Requirement have a chance to make big money in the growing Marketing Research Industry. Contact Us to Start Making Money this Wednesday! SPEAKASIA AND MLM MARKETING REVIEW
Speak Asia Online MLM Review: The newely launched on line survey cum mlm company is becoming popular in Indian Network Marketing business. But before joining and promoting this business some basics you need to know which will help to understand the basics and grow your business. What is a Survey? A survey is individual of the majority used tools in marketplace research. Inferences are haggard and insights are gathered by questioning a set of people. The set of questions are point and/or subjective in nature. The answers jointly form the guidelines for organizations to get the best likely business decisions. Why Survey is Required? Payments In millions in manipulative, manufacturing and advertising doesn't necessarily promise a star product. Hence, associations worldwide have a preference to cut their business risk by cleverly investing a portion of their funds in market research and know what the customers prefer, speak Asia online designed this fantastic model recently, mainly for online survey job india. Who pays for Survey? Surveys slash the risk of manufactured goods failure to a large degree as it enables companies to appreciate the mind of their customers. They provide companies with precious customer information. This, in twist, helps them get an edge over the rivalry, and come up with successful crop and services from time to time. In the past, organizations working market research firms to conduct surveys for their products and services. These agencies, in twist, hired marketing executives who acted as an line to the prospects. In spite of investing their valuable time, these prospects got little or no reimbursements for their precious opinion. But now, things have changed. Speak Asia Online and other few online survey companies have created a model shift in research by eliminating the need of executives for conducting surveys. ito by on this

benefit directly to prospective customers like you. All you need to do is, provide your valuable opinion. And get paid. Big moment!

About Speak Asia & their business plan: A Review Speak Asia Online, which claims to be based in Singapore, is spreading its multi-level marketing (MLM) wings in India under the pretext of online surveys. Tthis company also makes big claims about earnings, but fails to provide any documentary evidence for the same. The company asks new customers or subscribers to pay $120 (standard) or $220 (premium) for becoming a panelist for one year. However, it says the fee is for its e-bulletin for one year. It clearly says: "You can remain a panelist and earn from Speak Asia only as long as your subscription to EBulletin is in force." This means, before earning a single penny, you need to pay the company upfront. After the one-year period, one needs to renew the subscription. There is no mention of renewal fees. Speak Asia Online sends its surveys mostly on Wednesday to all subscribers. Each survey takes around 40 minutes to complete. It says: "The first eight weeks are treated as a training period and the company provides you feedback on incorrectly filled surveys." After that period, any incomplete or incorrect surveys are rejected and the company does not pay for it. The company assures that it will make the payment in local currency through direct bank transfers. The catch here is that one has to pay bank transfer charges of 3% or minimum $7.5 per payment. In case you have earned $10 for the month, you would get payment of $2.5 only, as $7.5 from the total payment would get deducted as bank transfer charges. Speak Asia Online says it provides income in reward points (one reward point is $1). It awards up to seven reward points per week for a standard panelist and 20 reward points to a premium panelist. It offers survey income as well as passive income that one earns by adding more people into a down-line. However, for the next day's incentive calculations, it does not consider the weaker line. It says: "Weaker leg is flushed out whereas the stronger leg is always carried forward for next day's incentive calculation." Although the company offers to pay for filling out surveys online, it fails to mention that for doing this job one requires minimum knowledge of English and the Internet. Speakasiaonline.com is hosted in the US on the GoDaddy.com server and the hosting services will expire on 21 January 2011. Besides that, there is no information available on the domain, its owners, their addresses and contact details.

The company website does provide links for all countries and major cities but directs all queries to its Singapore address only, which neither has a telephone number nor any email ID. Except India, the so called 'good income business opportunity' does not exist for other countries. According to a complaint posted on India-complaints.com, this company has changed its name three times over the past five years and is blacklisted for non-compliance in Singapore. Its website, speakasiaonline.com does have a link for legal documents but provides the legal documents not of the company but generic documents from the Customs Department, the Reserve Bank of India (RBI) and so on. Speak Asia Online shows no evidence about the legality of its business or any registration certificate issued by government authorities. All the company can show as evidence is a registration certificate issued by the Singapore government. The issuing authority of this certificate, Registrar of Companies and Businesses, however, has clearly stated that the certificate of good standing or any of its contents shall not be reproduced, republished, uploaded, posted, transmitted or otherwise distributed in any way without prior permission of the Accounting and Corporate Regulatory Authority (ACRA), Singapore Read more: http://mlmtrainingindia.articlesbase.com/mlm-articles/speakasia-online-mlm-review-3449574.html#ixzz1U44oWMuj Under Creative Commons License: Attribution No Derivatives

Offering financial incentives for online surveys is nothing new. Marketing statistics are often invaluable to the companys soliciting them but theres always been the challenge of getting accurate responses, or sometimes any response at all. Gone are the days you could simply just walk up to randoms and expect them to set aside precious minutes of their day to provide you with valuable marketing information. These days you need to offer some kind of incentive, usually in the form of some type of compensation. Speak Asia Online appears to based in Singapore with a heavy establishment in India and has combined the process of survey taking with a binary MLM compensation plan. Obviously in the business of getting their members to undertake surveys, theres no products to sell but Speak Asia does encourage its members to go out and recruit other members via financial commissions.

I was a bit hesitant to write about Speak Asia initially as in my opinion its not really a MLM company, but they do utilise an MLM binary compensation plan and can be marketed just as any other MLM company. In the end I thought Id publish my thoughts on Speak Asia from a business perspective.

PONZI SCHEME

Government probes online survey company Speak Asia for Ponzi scam
Apurv Gupta & Anita Bhoir, ET Bureau May 19, 2011, 03.07am IST Tags:

Unipay2u| Speak Asia

MUMBAI: Indian authorities have launched an investigation into Speak Asia, an online survey company that has collected hundreds of crores from users by promising huge payments for filling its surveys. The Ministry of Corporate Affairs (MCA), Economic Offences Wing, market regulator Sebi and bank regulator Reserve Bank of India will look into different aspects of the Singapore-based firm's operations here, following complaints from various consumer groups, persons familiar with the development said. Investor protection groups allege Speak Asia, which started operations in India about a year ago, appears to be running a Ponzi scheme where new investments are used to pay existing subscribers. An Economic Offences Wing official confirmed the probe. "A three-member team has been deployed to investigate the matter after we received complaints on the company's working," he told ET. A corporate affairs ministry official said it has initiated a fact-finding effort to identify details of Speak Asia's registration and offices after receiving some complaints. Speak Asia, which does not have an office in the country, charges 10,000 or 5,000 upfront from web surfers towards a subscription of 'Surveys Today' e-zine, an online magazine, for

one year and six months respectively to enrol as its panellists. But it offers up to 900 to fill up two surveys of about 12 lines each. And it says it has enrolled 1.9 million panellists. While Sebi will examine if it is a collective investment scheme, which the company has denied, the Reserve Bank will probe if there is money laundering. "Speak Asia is running a money circulation scheme that comes under the purview of the state governments. However, the Reserve Bank is also investigating if the unregistered company has remitted money overseas above the permissible limit," a person familiar with the development said. Sebi officials declined comment. An RBI spokesman only said the bank does not regulate multi-level marketing companies. One of the complainants is Kirit Somaiya, a former Member of Parliament and president of the Investors' Grievances Forum. He alleges that Speak Asia is a fly-by-night operator trying to dupe investors. "It does not have any legal documents to carry its business. How can a company give 52,000 per week for a subscription of 11,000 per annum for e-zine?" he says.