Do you also ask yourself, what is the Forever Living scam? Is it just another MLM pyramiding program? Here is my honest review about the Forever Living company.
What is the Forever Living?
Forever Living Products is a network marketing company that specialized in nutritional supplements and personal care products. Its most popular products are made of aloe vera which they are producing and selling since 1978. Aside from the business aspect, they also want to emphasize dreams, growth and lifestyle. They say that this business is not for you if you are not willing to help your fellowmen.
How does Forever Living Works?
Forever Living Products have provided a compensation plan that was designed to give credits to those who wants to build their own business. Their main mission is to promote the principle that you should have a business not by yourself but for yourself. Forever Living uses Case credits as a monetary value or points that track the progress of your business. The higher the credits you get, the higher the earning potential you can get.
*1 Case Credit = $132.00 in wholesale price
Here are the 5 ways on how you can earn in Forever Living.
1. Retail Commissions
This is the most common way of earning in Forever Living. Basically you buy products which are on wholesale price and sell it to your customers in its respective retail price. The profit that you can earn from this one depends on the product you are selling, but usually it ranges from 15% – 30%. One good thing about direct selling is that you can immediately get the profit after you sold the product. However, you really need to spend first for buying the inventory that you need for your business.
2. Preferred Personal Volume Bonus
Forever Living also gives commission every time you purchase products from them. It doesn’t matter if you will use it for personal use or for direct selling, as long as you buy from them, you will get your bonus. However, this bonus is solely based on your level or rank in the business. You can get 5% bonus as the lowest and 18% bonus as the highest. One upside about this way is that it is calculated from the actual retail price which means the higher your rate of earning.
3. New Distributor Bonus
The new distributor commission can be earned through the sales volume that your referrals has made. This is designed to reward team leaders for giving time to their referrals and helping them build their business. This means that the more you help your referrals, the more you can earn from the Forever Living. However, you can only get this bonus if you have reached the assistant supervisor level or higher.
*To be an Assistant Supervisor, you must earn a minimum of 2 Case Credits
4. Group Volume Bonus
For the group volume bonus, you are given commission for the difference between you promotional level and the promotional level of the leaders in your team. You still need to be an assistant supervisor before you can get this bonus. Usually you can earn from 3% to 18% of the group volume.
5. Leadership Bonus
Forever Living also gives bonuses for those you makes a large affiliate team. This means that the more referrals you make, the bigger your team will be and the higher the commission you will get. Still the percentage of bonus you can earn is based on your current rank in the business.
All of these commissions and bonuses can only be enjoyed if you maintain a purchase volume within the commission period. Basically you will need 4 Case Credit or equal to $528 monetary value before you can earn this other bonuses.
This system is implemented by the company so that the uplines will still purchase products and not solely depend on their referrals.
How Much does it Cost to Join?
Joining Forever Living is free. There is no registration cost. However, you still need to buy their products if you want to start earning. There are various business packs that you could choose from. Usually it ranges from $200 – $800 per business pack. In UK, you can already buy inventory for as low as £200. It already includes your personal inventory products that you can start selling on its retail price.
*Business packs price differ for various countries
How Much Can I Earn?
If you are asking how can you earn in Forever Living networking, Let me tell you, It is limitless! That’s the upside for network marketing business because your earning potential is not limited to just a specific range of money. However, this can only be possible if you put hard work and dedication into it. Like any other business out there, you still need to spend time learning and incorporating it with your business. This is not a one night get rich quick program, that can earn you money in just a blink of an eye.
But for curiosity purposes let us do a small computation on how much you can really earn in Forever Living assuming that you have just joined the company for a week. Let’s say you have sold 2 products worth $108.95 each. With the 15% profit, you already earned $16.34 for each product you sold. And because you have purchased a product, you will also get 5% commission for this one, so for two products you will earn an additional of $10.90.
If we add it all up, 16.34 + 16.34 + 10.90 = $43.58! It may seem a small amount for now but in the long run as you refer more members into the company, your earning will also increase.
Are there Forever Living Complaints?
I haven’t heard of any complaints about Forever Living business yet, however I have one major concern that is really true for all network marketing companies out there: It is just too good to be true.
The earning potential is great. There are several ways on how you can earn more. But the question is how can you make this as a reality? Even though the company will give you all the information you will need for the products you will sell, you still need to be trained on how to sell these right? Sales skill is the most important thing that you must learn when you join MLM. You need this skill in order to convey your message more and also convince other people on the product you are promoting.
Although the compensation plan presented by the company is greatly convincing, you can’t deny the fact that it is just too overwhelming.
Forever Living Products is a legit network marketing company. They have proven their expertise and authority in terms of the business throughout the years of their operation.
However, if you really want to join in this kind of business you have to be determined and willing to learn new skills most especially in terms of improving your sales skills. Like what I have just said, even though they will provide information about the products, you should be trained in order for you to sell those. And remember, you will be talking to a lot of people in order for your business to succeed.
In terms of the earning potential, it is commendable. They offer free starter membership, but you have to buy business packs for you to start earning. The products you sell is the soul of your business. And if you really take a look into these, it is just too expensive. I know that it consist of different variety of products that you can sell, but spending $200 when you are just a beginner in the business is just too risky.
Let me end this review with one question,
Check out my #1 recommended business!
If you have already tried the products or you have joined the company or you have concerns about them feel free to share your thoughts in the comment box below.