Products: Nutritional products, weight loss, Beauty Products and beverages
Is Youngevity a scam or legit
Because of all the scams that you get especially with MLM type companies is it very important to do proper research on the company. One of the things that we should ask ourselves is whether the product or company is legit. The majority of MLM companies are legit (sometimes on the borderline of being a scam), but this does not mean that you will make money from them.
To make money with MLM is very challenging and should not be taken lightly, so I will explain to you all that you need to know about Youngevity. In the end the decision is going to be up to you, but after this review you will hopefully have more knowledge about this company and MLM in general to support the choice that you will make.
This company has a wide range of products that it promotes, but I could not really find any product that stood out or that was unique for me. So sadly I have to say that this company is just like all the other regarding its products. Below is a list of some of the products that you can buy from Youngevity:
- Weight loss products
- Aroma Therapy
- Energy drinks
- Pet care
Youngevity Compensation plan
The very first important thing that I always look at when reviewing compensation plans is the ease of understanding. If the plan is over complicated, then I would not advise anyone to even try to recruit a downline or a team. The Youngevity compensation plan was a bit complex for the ease of understanding the comp plan I would give it a rating of 6.5/10 because of all the different levels that you need to understand.
Let us dig into the different aspects of the plan.
This is the first level that you can reach which will allow you to earn a commission rate of 30% if you manage to sell any of their products. This is also the easiest to understand and is very straight forward. To qualify, you need to buy at least the Youngevity Distributor welcome pack which will cost you $25.
2. Downline Sales
This is the main reason why people join these MLM companies in the first place and this part of the compensation plan is the make it or break it for any MLM company. It has got many different levels that you can reach. Each one of those levels has their own requirements and bonuses.
There are 11 levels that you can reach which make this compensation plan a bit hard to understand. The more levels there are the more complex will it become. This also makes it harder to reach the top because of all these levels and the requirement can be hard to accomplish.
Your downline is 9 levels deep where each level has its own commission rate. Your goal will be to reach the last level which is the Black chairman marketing director. Above is a diagram of all the different levels that you can reach.
Is Youngevity for you?
1. Not unique products
Mutiple Level Marketing is not an easy business model to follow and I would not recommend it to anyone that does not have any experience with network marketing. First of all, you need to have a passion for the product to be able to promote them. You also need to have a thorough understanding of each product or package in order to explain them to your prospects.
The downside is that there is nothing unique about the Youngevity product range that really impressed me. I have reviewed several MLM companies and this one did not stand out at all.
2. Over complicated Comp plan
The second problem that you need to know about is that the compensation plan is too complex. Remember that in order to recruit new people into your downline, you need to be able to explain the compensation plan to them. If you are not successful at this, then they will never be able to do their part in growing their own downline.
3. You need to teach your downline marketing skills
After you went through the daunting task of explaining the compensation plan to you prospect, you need to teach them how to market the “opportunity”. You will need to mentor them and if you do not have the marketing skills to do this promote the products, then how are you going to be able to teach your downline to network.
This is a huge problem that I see with MLM and is also the main reason why I am personally not interested in participating in it. Fortunately there are other ways to earn a passive income online
MLM vs Affiliate marketing
If you though that MLM was the only way to earn a passive income, then you are wrong. With the way I do affiliate marketing I am able to earn a passive income from each website that I build. Once the website is built, it is set for life. You just need to manage your website on a monthly basis.
What is affiliate marketing?
Affiliate marketing is a business model where you partner with other companies such as Amazon or Clickbank in order to promote their products. There are also other private affiliate networks that you can join in order to promote their products.
You can also go into any niche imaginable which is very powerful and you are not limited to selling products from only one range or company. Once you have chosen your niche, then you can start of by building your very own website.
Your website will look similar to this one and you do not need to know any coding knowledge to start with your own website. You can also setup a website in less than 5 minutes which is very possible.