Another “Learn & Get Full Refund” Scheme Has Gone Under
Previously, I shared a model offering a deposit refund for completing 100 days of consistent writing. Seeing now that Wanmen University has absconded with people's money, it seems the model indeed has some flaws.
When users persist only for the money, but after the founder hires so many employees and runs the business for so long, ends up with nothing—what massive net loss must that be? No wonder running away seems like an understandable outcome.
Let me do a quick calculation: 12,000 per person times 30,000 people equals 360 million. That's enough to vanish.
So whenever you encounter a full-refund promotion, make sure the organizer's credibility guarantee is solid enough. Is the money going straight into the company's account, or is it being held by the platform? If it can't be withdrawn, the company can't abscond. But if it can be withdrawn directly, who's to say they won't just cash out and run? Keep in mind that even most platforms allow withdrawals after seven days—and let alone self-operated platforms where virtually no one is regulating them.
There are similar cases, such as phone bill top-ups and electricity bill payments. They might seem like small amounts, but what if the company坚持sustains losses for half a year, then introduces referral bonuses of 10 or 20 yuan, triggers viral growth, and then makes off with the money? Who knows?
There are too many schemes these days.
Further reading: How to Accumulate 750,000 in Revenue Through a 100-Day Writing Cashback Campaign?