Discovery Toys Review: Is It an MLM Scam?
This review is all about the Discovery Toys MLM business. Do you want to know if this company is legit or just a scam? Are you curious if you can really earn from it? Well, I suggest that you read this review in order to learn more about it.
What is Discovery Toys?
Company Name: Discovery Toys
Owner: Lane Nemeth
Price to Join: $89 - $399
My Rating: 6.9 out of 10.0
Discovery Toys is a multi-level marketing company that sells educational toys for young minds. The company has done an amazing job of arranging its products in various categories which includes artistic and logic games.
There are a lot of options available and a wider selection of products is always easier to market. It was founded in the year 1978 by an early childhood educator named Lane Nemeth. She sold the company in the year 1997, but it is still doing good.
In this Discovery Toys review, I will take a closer look at this company and try to determine whether this is a scam or not.
This is based on my honest research about it. I recommend that you read the entire review before thinking about joining this company.
- How Does Discovery Toys Work?
- How Much Does It Cost to Join?
- How Much Can You Earn?
- Are There Any Complaints?
- Bottom Line
How Does Discovery Toys Work?
Discovery Toys provides very little information about its compensation plan. They only provide few numbers and mention a few ways of earning money.
There is no information about the qualifications required or the different ranks in this company. I am disappointed because the least they can do is provide information about the opportunity before someone thinks about joining them.
The way that this company works is similar to other MLM companies as there are two major ways of earning money. The first one is directly selling the products to customers or through the website that is provided by the company.
They pay up to 34% profit on personal sales.
But remember that you will only earn 25% profit on your personal sales in the early phase of your business.
The company also pays up to 7% bonus on your team’s sales. It is normal for MLM companies to pay up to 7% or even higher bonus on team’s sales. In the beginning, you might not earn any bonuses from your team.
You will have to build a team and then you might start earning bonuses from it.
Basically, the higher ranks will have qualifications that are related to your personal sales as well as the sales of your team.
There are other ways of earning money but they are not discussed on their website. I think that you can expect them to pay rank advancement bonuses as well as car bonuses based on your rank.
So now let us talk about the ways of selling the products.
Basically, the company focuses on selling the products through parties. The problem with this approach is that you will have to carry a lot of products if you want to showcase them at your customers.
You can do the parties without showcasing the products, but it would be much better if the potential buyers can see the products in front of their eyes.
The company offers a wide selection of products so it is going to be difficult and expensive to buy them for showcasing at the parties.
On the other side of the coin, building your team is also something that is not easy.
I must say that the compensation plan of this company is better than others based on the limited information that I have seen.
The percentage of commission and team bonuses that they pay is normal. So I don’t have any huge expectations from this company.
How Much Does It Cost to Join?
It is important to learn more about the prices of joining in Discovery Toys so here are the starter kits and their prices.
Business Starter Kit: $89
Business Launch Kit: $159
Business Builder Kit: $399
The Business Starter Kit is not expensive and it is the ideal choice if you don’t want a lot of products at the start of your business.
It includes the essentials as well as deluxe website free for the month you join plus the following month. The cost of joining is low if you choose the cheapest starter kit.
How Much Can You Earn?
This is a multi-level marketing company and a very small percentage of people succeed in this kind of business. MLM is a complex business model and most people aren’t able to earn enough money through this business model.
The opportunity that they offer also doesn’t seem to be better than others. In my opinion, the only positive thing about them is the product line that they offer.
The products are not going to be hard to sell if you approach the right people. However, team building is where you can earn most of the money.
I don’t think that team building will be easy as most people won’t stay in this business for long.
So it is going to be very difficult for most people to earn money and only few will succeed in the long run.
Are There Any Complaints?
Yes, and I have listed some of the major concerns below.
"The promotion depends on the recruitment of other team members."
"Some say that they worked for too many hours for very little pay."
In my opinion, Discovery Toys is not a scam. They offer some helpful ways on how you can start building your own business.
You may join this company if you have the passion about the products as it will be easier to sell them. You will also find it easy to connect with other people if you are well informed and educated with the products you offer. On the other hand, the chances of success are very low so keep that in mind.
Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Promising products
- Good earning potential if done right
- Climb the ranks to earn more
- Support can be improved
- Building a team is challenging
How Can You Earn Money Online?
It seems that you want to join in Discovery Toys because you are already tired of not earning that much from your day time job. It also feels like you just want to attain early financial freedom.
But let me tell you that this type of business is quite challenging. Most especially if you don't have the passion towards the products that you offer.
On the other hand, if you are still looking for a new source of income, then you can also take a look into my personal choice. My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And it doesn't require any selling or recruiting.
Right now, I am on my second year in this type of business 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 Discovery Toys, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!