Products: Beauty products
With all of the hype surrounding mlm companies these days you need to keep in mind that not all of them are going to be the next financial wonder of the era. There is just so much bad reputation on mlm companies that it gets very hard to find one that is really worth the effort and money.
Is BeautyControl the next best company that will put you out of your financial misery or should you stay away from it? In this review I am going to look at 2 very important factors that will determine the success rate of any mlm company that you can find. These 2 factors are the products and the compensation plan.
For any mlm company to exist the one factor cannot go without the other one and if there is just one flaw in one of them, then it will be a deal breaker. Let’s continue with the products:
For most people, the products are not that important and this is where most are failing even before they start with the company. The product are the driving force of the company and without it, the company will not be considered legal and will then fall under the category of a pyramid scheme.
It is very important to note that the products need to be of high quality and it needs to be unique. I have seen so many mlm companies that promotes the same products and this can become a problem. The price of the products also needs to be competitive in order to promote it because if someone can buy similar products for cheaper at their local store, then you will not be able to make any sales.
Short overview on some of the products that you will find
- Skin moisturizer
- Eye care
- Body scrubs
- Eye care
- Baby cream etc.
As you can see this company has a wide range of product in the beauty niche. The products itself are not that bad, but there is nothing unique about them which might cause a problem. If it is not unique then why would someone pay an extra amount of money for it? They would rather go to their local store to buy some of the items mentioned above.
So the products did not really do it for me. The second important factor is the compensation plan:
BeautiControl compensation plan
Sometimes you will find a compensation plan that will allow your business to grow faster and where the plan itself is easy enough to understand in a short period of time. The more complicated the plan and the more levels it has, the harder it will be to scale or grow your business.
The compensation plan of BeautiControl is no different. It has 12 different levels that you can reach which is bit overkill and this makes it harder to reach because each level has its own requirements which might be impossible to reach for most people. There are 2 main ways to earn money with BeautiControl:
In the beginning you will be a consultant where you can earn from 25% up to 50% commissions from the direct sales that you can make through your customers. If you have a greater sales volume, then your commission rate will also increase.
When you start to recruit other people into the company, you will then be able to build your own group for where you can also start to earn a commission from. As you reach new levels, you will be able to earn a commission rate from what your enrollees are making and if you increase your level, then you will also earn a commission from more generations deep. I am not going to go very deep into the compensation plan because it is a very complicated plan and is not easy to explain.
Should you join BeautiControl?
There was not really one thing that stood out for me in this company. The products are not unique and the compensation plan is a mess. There is also no data on how much the people are making in each level. I am not a big fan of mlm, but personally this is not a company that I would join.
Multi level marketing companies in general are a waste of time. Here and there you might find one where the products are good and unique where the compensation plan is also simple enough so that everyone can understand it. This can make it very hard for you to recruit new members into the company because you need to explain this plan to them.
If you cannot understand the plan, then how will you be able to promote it. The same goes for your referrals, because if they cannot understand it then how will they be able to grow their downline or group? The compensation must be able to create and maintain the link, but not break it. Communication is what network marketing is all about and if you cannot do it properly, then it will collapse. Maybe if you have a lot of experience in network marketing and you have the skills of the trade, then you might stand a chance.
MLM vs Affiliate marketing
Multilevel marketing is luckily not the only way to earn a passive income online and I am ecstatic about it. What if you could do something that you love and then build a website around it? Maybe you are a golf fanatic and you want to blog about everything related to playing golf.
Do you know how many different products there are inside this niche that might make you profit? This is why affiliate marketing is so powerful because there are thousands of niches available and millions of products to write reviews about. There are also hundreds of affiliate marketing networks that you can join so you are not limited to only one or 2 companies.
By building websites you will also have the ability to earn a passive income from affiliate marketing products. Websites are like online stores that will make money for you while you sleep or when you are on vacation. This is the beauty of building a website because once it is built and you have enough articles on it your online asset will make money for you on autopilot.
There is no limit to the amount of websites that you want to build and also the size of them.