This review is all about the Genesis Pure 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.
Company Name: Genesis Pure
Owner: Dae Geun Jung
My Rating: 6.7 out of 10.0
What is the Genesis Pure?
Genesis Pure is a multi-level marketing company that sells products in the health and beauty niche. The company sells products that are related to weight loss, nutrition, increasing performance and providing skincare.
There are a lot of products under many different categories and you can check their website to know more. You can become an Independent Business Owner and make money through this company. By the way, it was founded in the year 2009 by Mr. Dae Geun Jung. So this is not a new company and there is stability in this business.
In this 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 Genesis Pure Work?
Let us take a look at the ways of making money through the compensation plan.
Retail Sales: I could not find the percentage of commission that the company pays on the retail sales, but it should be around 10% or 20% in the beginning. It doesn’t matter if the customer is making a one-time purchase or enrolled as a Preferred Customer because you will earn in both cases.
You will earn a lower amount from your Preferred Customers because they receive a discount on retail price.
First Order Bonus: You can make money on the initial product order of the people that you enroll. The percentage of the bonus that you will earn will depend on your active personal volume and your rank. Here is how this bonus is paid.
100 PV (personal volume): 10% bonus
200 PV+Star: 20% bonus
By the way, you will need to sponsor one active independent business owner on each side of the binary tree to earn the rank of Star.
Revenue Sharing Pool: You will earn shares in the revenue sharing pool by having an initial product purchase of 300 PV or more to new personally sponsored IBOs every week. The revenue sharing pool contains 2% of the total company commissionable volume from each week and you will get paid according to your shares in the pool.
Team Earnings: You will have two legs within your downline organization and the new IBOs that you sponsor will be placed in one of the two legs.
You will have the opportunity to earn 10% of the volume in your lesser leg each week. But to earn this way, you will need to maintain 100 PV at all times.
Generation Check Match: You will need to qualify for Silver Director or above ranks to earn Generation Check Match. This bonus allows you to earn a matched percentage of all Team Commissions for the week based on your sponsorship activity. Basically, you will earn on more generations by qualifying for higher ranks.
Leadership Pool: Leadership Pool is only for the top rank holders, which includes Blue Diamond or above.
This pool contains 3% of the total company commissionable volume from each week. You will earn shares in this pool on the basis of your rank and you will be paid according to the number of shares that you have.
There are other ways of making money through the compensation plan such as Luxury Car Bonus.
I know it is not easy to understand the compensation plan. I must say that it is more profitable for those who have a good downline. This compensation plan is not unique and it is very similar to the compensation plans of other MLM companies.
How Much Does It Cost to Join?
I could not find the cost of joining on their website and you will have to join to find out about it. But normally, multi-level marketing companies require you to buy a business kit to join and the kit can be expensive in certain cases.
You are required to maintain a level of personal volume to get the full benefit of the compensation plan so you may have to buy the products to meet the requirements from time to time.
How Much Can I Earn?
I was able to find the Income Disclosure Statement for the year 2014 that was published by Genesis Pure. The figures in the Income Disclosure Statement are disappointing, but they are expected. You will find that all MLM companies have disappointing figures in their Income Disclosure Statements.
The average annual income for all active distributors was $3,593 only. This is higher than some other MLM companies, but it is still not good enough. This income doesn’t include the expenses that you will have to incur so the profit should be a bit lower.
It is very clear that the majority of people are going to have low earnings from this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The management is more interested in themselves than the company itself.
The company has struggled to grow and evolve into a market leader.
In my opinion, Genesis Pure is not a scam. They still offer some helpful ways on how you can have a new source of income.
On the other hand, you must remember that the business side of this company is really challenging for most people. But if you are interested in selling and recruiting then this can give you that opportunity. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Plenty of ways to earn
- Climb the ranks to earn more
- Support can be improved
I know that you want to join in Genesis Pure because you are already tired of not earning that much from your day time job. I also feel that you want to have financial freedom.
But let me tell you that this type of business is not that easy. It requires intense support in order to make the business successful.
On the other hand, if you are still looking for an effective way of earning, then you can also look into my personal favorite. 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 this will enable you to enjoy your working time at home.
Right now, I am on my second year in this community and I am already harvesting the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Genesis Pure, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences and personal concerns on the comments below!