Internet sharks taking bites out of kiwis
Turns out he recently "invested" $4000 in an online retailing franchise/system - allowing him to set up an online store, form relationships with drop-ship suppliers and start retailing products.
After many weeks and no sales (and, he suspects, no visitors), he contacted the online store dudes and wondered how he was supposed to get people to visit his site.
They treated him like an idiot, and offered him their $20,000 'advertising package'. They poured on the pressure - he should increase his mortgage, he should get 3-4 credit cards, he should borrow money from friends and relatives...
He was, quite understandably I feel, upset.
He said No. They suggested he could try the budget $10,000 advertising package - not as good but better than nothing. No again. How about the $5k super-budget starter package, they continued... Surely he could afford that much? Surely he could get a credit card to cover it? Again, he said NO! "Already gave you all I could spare, thinking I was getting a complete system."
They suggested he was unrealistic - all business need to be advertised. He should have known that, etc.
He has invested all he can spare in the $4,000 licence, and he feels he was not warned that it would cost thousands more to advertise the business.
We could suggest that he should have known better - and perhaps he should have, but I think it sucks. I think that the fast-talking sharks are eating people's dreams with illusions and dellusions. For that kind of money, he should either have been warned, or the system should indeed have been complete - or complete enough to ensure he had a fair chance at earning his money back.
Anyone care to comment?
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Roger Davis