What is the Synergy Worldwide? Have you read about this online and you want to know if you can earn from it? Do you want to know if it is a legit MLM business or just a scam to watch out for? Well, here is my Synergy Worldwide review.
Before we proceed to the review proper, let me say that I have always been making reviews about MLM companies. I made this as a passion because I want to help people don’t do the same mistakes as I did before. By the way, if you want to start a legit way of earning, check out my review on the #1 recommended work at home opportunity.
What is the Synergy Worldwide?
Synergy Worldwide is a multi-level marketing company that was founded by Dan Higginson in the year 1999. They sell products in the health and wellness niche. Actually, they offer products related to almost any general health issue that you have.
There are products for weight management, heart health, fitness and so on. Synergy Worldwide operates in a large number of countries and maybe one day it will operate in almost every country of this world.
Today I am only going to review the business opportunity that Synergy Worldwide offers. I will not talk about the products in this review at all. There are many MLM companies and therefore you must read this unbiased review before you join them in order to avoid losing your time and money.
How does Synergy Worldwide MLM Works?
You have to become a Synergy Worldwide distributor before you can earn money from this company. After you complete all formalities and become a distributor, then you can start earning money through their compensation plan.
I have explained some of the ways that you can use to earn from this opportunity below.
It is very easy to earn money using this method. You have to purchase the products from the company and sell them at a profit of around 30%. You purchase the product at a wholesale price and then you are free to sell it at the retail price.
FAST START BONUS
You can also earn money on all upgrades and Activation orders of personally sponsored Team Members.
When you place an order of 150 CV or more each month, then you qualify for Elite Rebate. The CV that is below150 will roll up as normal qualifying volume and you will not get any rebate on it. 50% of all volume above 150 will also roll up and the remaining amount is then converted to a dollar amount and divided in half. The final amount is your Elite Rebate Bonus which is equal to 25% of the total CV above the Elite qualification level.
You also earn a Basic Commission on the total accumulated commissionable volume of the weak leg for each commissionable month. The percentage of Basic Commission is around 10%.
There are other ways to earn such as Mega-Match Bonus, Leadership Bonus and Global Share Bonus. You can consult the compensation plan for more information and you can find it on the official website of the company.
How much does it Cost to Join?
It costs around $25 to join this company and obviously you will have to buy some products as well, so that you can sell them to others. You will also have to buy a certain amount of product every month so that you can become eligible for full compensation.
They also offer sales tools that you can use to improve your business. The 6 month special is worth $19.95; Anuual fee is $39.95; and the Monthly fee is $4.95.
I honestly think that it is not that expensive compared to other MLM companies out there.
How much can I Earn?
As what I have mentioned earlier, the products of this company are in the health and wellness niche. I honestly think that it is hard to sell these kinds of products as they cost more and there are plenty of competition in the market.
As a distributor, you will have a hard time selling the products, and there are some other issues as well. I am not saying that the products won’t work because for some it seems to be effective. What I am saying is that, it doesn’t work for everyone.
Your income will depend on many things and considering the compensation plan I doubt that you will make thousands of dollars per month. The company has not done anything new and there is a lot of competition in the market. And that makes your job as a distributor harder.
You will not only have to build your team, but you will also need to manage it as well. I do not think that it will be an easy job to manage and earn money from your team.
In my opinion, it is certainly possible to earn money from this company, but you will most likely earn a few hundreds of dollars per month which is not that much.
Are there any Complaints?
Yes, and I have listed the complaints below.
TOO MUCH COMPETITION
This is the most common complaint in various MLM companies. There is too much competition. As for the Synergy, they offer products that have cheaper alternatives that are present in the local market. With these reason, it will be harder for the distributors to make a sale. Plus, people nowadays are already skeptical whenever they hear the term MLM. Thus makes it even harder.
In my opinion, Synergy Worldwide is not a scam. However, I am not going to recommend this company for the reasons that I have stated earlier in this review. There are a huge number of companies out there and I think you should find other alternatives that will bring you more income. Good luck and choose wisely.
- Unique and Promising Product Line
- Learn entrepreneurial skilss
- Maintain Sales Quota per Month
Is there other way to Earn at Home?
I know that you want to invest in Synergy Worldwide MLM business because you want to earn extra money with the help of this company. I know that you became excited with the earning potential that you can get in an MLM business. Unfortunately, this is not best the answer to your problem.
Actually, I was also in the same situation as yours before. I thought that MLM business is the my way to solve my financial problems. But I realized that it is just too good to be true. I also got discouraged about it because I haven’t received any help or training from the company.
Now, your next question is, how can you really make money at home? My best suggestion would be through making a blog. Basically it is a modern way of earning online. You will earn commissions by just promoting other people’s products.
Right now, I am on my ninth month in this program and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about Synergy Worldwide, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!