This review is all about the NHT Global. Do you want to know if this MLM business is legit or just a scam? Are you curious if you can really earn from this opportunity? Well, I suggest that you read this review in order to learn more about it.
Company Name: NHT Global
Price to Join: $50 – $75
My Rating: 6.5 out of 10.0
What is the NHT Global?
NHT Global is a well-established multi-level marketing company that sells products in the categories of beauty, herbal, lifestyle and wellness. The fact that they sell products in multiple niches can be an advantage as you can market products to a wider audience.
On the other hand, even though they work in many niches, the number of products offered are not that high. By the way, the company has grown and was founded in the year 2001.
In this review, I will take a closer 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 NHT Global Work?
Before we start with the review proper, let me explain some minor details.
Each product is assigned a point value also known as bonus volume. Basically, you will earn based on the accumulation of bonus volume. You will also need to activate your RBC to earn from the Two-Team Infinity Compensation structure.
RBC stands for Retail Business Center and you can activate it by purchasing the products of the company. You will have to reactivate your RBC from time to time to keep earning from the Two-Team Infinity Compensation structure.
If you fail to reactivate your RBC, the accumulated volume will be flushed and you will not earn from it. Now that the basics are clear, let us take a look at the ways of earning money through the compensation plan.
You can earn by buying the products at wholesale price and selling them to the customers at retail price. The compensation plan doesn’t specify the percentage of retail commissions that they pay and it can be anywhere from 20%- 50%. You may also earn different percentages of retail commissions by selling different products.
This bonus allows you to earn on the volume of your personally sponsored distributors up to three levels deep . You will have to achieve the Platinum or Gold rank to earn on all three levels. This bonus depends on your rank and you need to qualify for Bronze to start earning this bonus. You will only earn on your first level as Bronze and the payout would be 3%.
As Silver, you will earn on the first and second level and the payout would be 5% and 3% respectively. Platinum or Gold distributors will earn on the first, second and third level and the payout would be 10%, 5% and 3% respectively.
TWO-TEAM INFINITY COMPENSATION SYSTEM
As the name implies you will earn from the two teams that you develop by recruiting people. This bonus is based on the product sales made by your left and right team. But there are certain qualifications that you have to meet to earn this bonus.
You must qualify for a commissionable rank, which includes the Bronze or higher ranks. Your RBC must also be qualified as well. To qualify your RBC, you have to sponsor two distributors in each of your teams and the distributors must be activated. Obviously, your own RBC must be activated like I have mentioned above.
There is one more way of earning through the compensation plan and that is the Matching Bonus. I have no complaints about the compensation plan because it is more focused on retail and the recruitment part is not over-emphasized. However, the earning potential is not great for the majority of the distributors.
How Much Does It Cost to Join?
There are two options and you can choose one based on your preference. The first one is enrolling as a rep only and you will have to pay $75 refundable deposit, which will grant you an access to your Back Office Management Support Center for 60 days. After 60 days you will have to pay $9.95 for any month you wish to access your Back Office Management Support Center.
The second option is buying the Business Builder Pack for $50 per year and getting a website and unlimited access to your Back Office Management Support Center for 12 months. I think that the second option is the better one.
How Much Can I Earn?
The company has provided a Statement of Average Gross Compensation for the year 2016. We will look at the data from that statement to get an idea about the earnings that you can expect to earn from this company.
Only 41% members were eligible to earn a commission. 33% members made more than $1,000 in earnings and 9% made more than $5,000 in earnings. Only 1% made more than $25,000 in earnings with one member earning more than a million dollars.
I don’t think that I have to clarify anything as the figures speak for themselves. In all likelihood, you will not earn a lot of money from this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The figures from the Statement of Average Gross Compensation 2016 are not promising.
It will be challenging to climb the ranks.
In my opinion, NHT Global is not a scam. They still offer some helpful information on how you can earn from your own business.
On the other hand, there are also some things to improve in this company like the support system and compensation plan. I feel that the company hasn’t done much to stand out. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Good earning potential
- Support can be improved
- Compensation plan can be overwhelming
- Climb the ranks to earn more
I know that you want to invest in NHT Global because you want to have a new source of income. I also feel that you are already tired of not earning that much from your day time job.
But let me tell you that this type of business is not a walk in the park. It requires great patience and motivation in order to succeed.
On the other hand, if you are still looking for an efficient and 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 NHT Global , 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!