03/07/2020
*What is Elamant?*
Elamant is a membership club formed in 2017 registered in Singapore then relocated to California in America. It also have offices in South Africa Richards Bay in KZN. It offers various benefits, which amongst other things include,
-Data rewards program
-Consultant Program
-Travel Benefits
*1. DATA REWARDS PROGRAM*
Elamant deals with data mining. It collects receipts and captures the data on the receipts and sell them to entrepreneurs and big merchants that want info on customer insights. The people who submit the receipts are paid up to 20% of the amount on the receipts hence rewarding people for the data collected.
*Which receipts are needed?*
-Receipts from any shop/ retailer and these include furniture, grocery, medication, petrol, liquor, clothing, appliances, electronics (receipts for any items that you can walk out of a shop with) etc.
*How to become a member*
As mentioned before, Elamant is a membership club has a joining fee of US$99 and a subscription fee of the same amount every month. And the subscription cycle runs 28 days. However Elamant has 2 types of members by choice which are being a subscriber or a recruiter. I will go into detail about what a subscriber and what a recruiter is and the implications to each
*What is a subscribing member?*
📌You join with US$99.
📌You start accumulating receipts on a weekly basis. A maximum of $200 per week
📌You renew your membership on day 28.
📌You redeem day 30
📌You keep on accumulating your weekly receipts for $200
📌You renew membership on day 56.
📌On day 60 u get paid USD 100 for the 1st month's receipts.
📌You redeem for second month on day 60
📌You continue accumulating receipts for month 3.
📌You subscribe on day 84.
📌On day 90 get paid USD 200 for month 2.
Going forward u will be paid USD 200, therefore u can use USD 100 to subscribe and usd100 as profit. You no longer dig into your pocket to renew
*Bypassing subscription*
You can however bypass taking money out of your pocket b
