Yers doesn’t provide any information about who owns or runs the company on its website.
The Yers website domain (“yers.app”) was registered on May 23rd, 2018. “Y4YERS” is the registered owner through an address in France.
This corresponds with Alexa traffic rankings, which estimates 64% of traffic to the Yers website originates out of France. Switzerland is the only other notable source of traffic (23%).
Despite seeming to be owned and operated from France, Y4YERS appears to be a shell company incorporated in Luxembourg.
Yers’ general terms and conditions establishes
contractual relations between the simplified joint stock company Y4YERS SAS, having its registered office at 5, Boulevard Royal, L-2449 Luxembourg, registered with the RCS Luxembourg under the number B213932.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Yers Products
Yers markets a free app which provides access to a discount and cashback platform, as well as a concierge booking service.
Further specifics are not provided on Yers’ website.
The Yers Compensation Plan
Yers affiliates pay either a €25 or €60 EUR a month fee.
In order to qualify for MLM commissions, each Yers affiliate must spend at least €50 EUR a month through the Yers app.
Cashback Commissions
Yers pays a commission on cashback generated by personally referred free app users.
The formula used to calculate cashback commissions however makes little sense.
The commission calculation formula of Yers Sponsor on Perimeter A is as follows:
Commission on sale of Bundle or Cashback (€ HT) * of Perimeter A = Basic Matrix Income (€ HT) x TCN (%)
An example provided on the Yers website equates a €1666 EUR spend by referred free app users to a commission of €41.66.
From this we can extrapolate a rough cashback commission rate of 2.5%.
Recruitment Commissions
Yers pays recruitment commissions via a 4×5 matrix.
A 4×5 matrix places an affiliate at the top of a matrix, with four positions directly under them:
These four positions form the first level of the matrix. The second level of the matrix is generated by splitting these first four positions into another four positions each (16 positions).
Levels three to five of the matrix are generated in the same manner, with each new level housing four times as many positions as the previous level.
Positions in the 4×5 matrix are filled via direct and indirect recruitment of new Yers affiliates.
Commissions are based on how many positions in the matrix are filled as follows:
level 1 (4 positions to fill) – €1.5 EUR per position filled
level 2 (16 positions to fill) – €2.875 EUR per position filled
level 3 (64 positions to fill) – €3.48 EUR per position filled
level 4 (256 positions to fill) – €4.75 EUR per position filled
level 5 (1024 positions to fill) – €5.39 EUR per position filled
Note that commissions are paid out for as long as affiliates recruited in
🤖 Quick Answer
Who owns and operates the Yers cashback application?Yers is owned by Y4YERS, a simplified joint stock company incorporated in Luxembourg with registered office at 5 Boulevard Royal, L-2449 Luxembourg (RCS number B213932). The company's domain was registered in May 2018. Despite Luxembourg incorporation, traffic analysis indicates primary operations from France, where approximately 64% of website visitors originate.
What is the corporate structure of Y4YERS?
Y4YERS operates as a simplified joint stock company (SAS) registered in Luxembourg. However, investigation suggests it functions as a shell company, with the actual business operations appearing to be based in France, where domain registration and website traffic patterns indicate the primary user base and operational center.
Where is Yers' primary user base located?
According to Alexa traffic rankings, approximately 64% of Yers
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