Products: Health Industry
This is an mlm company that is selling health related products. I am not always a big fan of mlm companies. Mutilevel marketing or mlm in short is where you can sell the products of an mlm company and also build your own team. You will also earn a commission from what your team is making, so the more sales your team generate the higher will your commissions be.
It also has its downsides as you need to buy the products in order to sell them and it is not easy to get people to join your group because mlm has received a bad rep the last couple of years. The products are also relatively expensive compared to what you can buy at your local store. So let us get back to my Purium review to see if Purium is a scam or not and if it is really worth it to build a business around the company.
In this review I will discuss 2 very important factors which are the products and the compensation plan. These 2 components will determine whether the company is any good or not. There are over 100 mlm companies so you can just as well join the one which is the best.
The product breakdown
The products will be the driving force of the mlm and if the company fails to deliver on it, then it will be very hard to make money out of it. You need to ask yourself whether the product is unique enough for people to be interested in. There also needs to be a demand for the product, but the market must not be too saturated.
If there is a lot of competition in the market, then they need to have the best products or something unique so that they can stand out from the crowd. Below is a list of some of the products that you can find within this company:
- Weight loss pills
- Probiotic blends
- Amino acid supplements
- Bio serum
- Veggie capsules
- Vitamin supplements
- Aloe vera
- Immune boosters
- Detox juices
As you can see the weight loss industry is a very large industry, but it is also very competitive. Does Purium bring something new and unique to the table? No they do not because their product range and but duplicates of other mlm companies. Take a look at Herbalife, Pure team global and Univera and they are only the tip of the iceberg.
How will you make money with Purium?
You will get started by giving away free $50 gift cards and you will then earn $50 for each gift card that you give away. You will only earn $50 when your customer uses the gift card to buy a transformation pack that will cost them $290. So they will eventually get a $50 discount on that specific product if they buy it.
There is also 18 different ranks that you can reach and each one of them has their own requirements and advantages associated with them. When you start to refer other people to this company and they decide to also build their own downline, then you will start to expand your group. For you to rank higher, your group volume needs to increase.
This means that you are very dependent on your downline to rank higher. You also need to have a specific amount of active associates and personal volume for each rank in order to reach it and maintain it.
The benefits for each level are also as follows: The higher your rank is then you will earn a commission from generations deeper down in your group. You will basically earn a 5% bonus from each one of those generations if you manage to reach a higher rank.
Is mlm really for you?
This is a question that only you can answer because you know yourself better than I do. MLM is not an easy business model, but it is possible to make money with it. The only problem is that it takes a specific type of person to really make it worth their while.
You need to have the ability to walk up to strangers and to introduce them to this opportunity. You also need to be a very good salesperson with an extrovert personality to be comfortable with what you are doing. You also need to have experience in marketing because where are you going to find your prospect?
Are you going to confront people at the mall, call random phone numbers or build a website and advertise online? There are multiple ways to get people’s attention. Did you know that the top 2% of the people that are involved with mlm are making more than 95% of all the income?
Most people think that your own sales force is a blessing, but sometimes it can be a curse because unfortunately you are dependent on them to build your business. To get to the point; if you are totally new to network marketing and you have never sold a product to someone, then this is not for you. I do not want to discourage you because anyone with the right mindset and willingness and achieve success, buy what if I told you that you can earn much more money with that same amount of driving force.
What is affiliate marketing?
Affiliate marketing is a business model where you earn a commission from products that you sell online. There is no complicated compensation plan because you get paid a commission for each sale that you make. You can also delve into any market that you want to and there is also no limit to the amount of money that you can make.
You also do not need to buy any of the products in order to sell them and if you are a hard worker, then you will reap what you sow. You will not make other people rich except for yourself and you are in full control over the income that you want to earn.
You also need to learn how to build a blog or website which is one of the easiest things to do. Trust me when I say that you can build your own website in less than 5 minutes. You do not need any experience in computer programming or web design in order to start.