This review is all about the Novica Live. 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: Novica Live
Price to Join: $199
My Rating: 6.5 out of 10.0
What is the Novica Live?
Novica Live is a company that sells jewelry and gifts that are made by artisans from around the world. You can find some of the artisans in their catalog and the designs look really appealing. They come from countries like Japan, India and Bali.
Novica Live is the home party division of the company Novica. The difference is that Novica Live focuses on the business opportunity while Novica focuses on the products. You can say that this is the sales branch of the company. It allows you to earn money by becoming a Stylist and promoting the products.
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 Novica Live Work?
From the information provided on their website, it is clear that they have various leadership levels. However, it is not clear if they pay for recruiting people and if some of the bonuses are based on your team.
In simple words, there is not much information about the ways of earning money on their website. I will still try to cover the limited information that the company has provided.
It looks like that the company doesn’t pay any bonuses based on your team. The extra bonuses that the website mentions must be connected to your personal sales and your rank. So the only way of earning money seems to be selling the products.
The company focuses on selling the products through parties. This approach is not new and many companies have used this approach in the past.
You will need to find hosts for hosting the parties as you can’t host all the parties yourself. The hosts receive free jewelry and gifts along with up to 3 half price items for each party.
The host will invite his or her friends so you can sell to more people by finding new hosts. You will be able to present samples and catalogs at the party. The company will also give you a virtual travel DVD to play.
More Information About Novica Live
After your presentation, you can collect orders and I think you will get a few orders in each party if everything goes well. The parties work because people feel obligated to buy something because of the social pressure or simply because they like the products.
It is not necessary to carry the products with you, but it would be a really great idea to have some of the products to make more sales. However, you need to be careful not to waste a lot of money in buying products to showcase at the parties.
The company pays commissions in the range of 20% to 30% on your personal sales, which is not bad. There are additional commissions and bonuses that you may earn based on your monthly sales and your leadership level.
The company also offers a fast start program, where you can qualify to buy new items for free and get samples at 50% off from the catalog. So the fast start program offers a good option to build up your inventory in the beginning.
Since there are no team based bonuses, you will not benefit a lot from advancing in the ranks. I am not denying the fact that you can earn a decent income by selling the products, but you can earn more money from a multi-level marketing company.
How Much Does It Cost to Join?
If you want to join in Novica Live, then you will have to buy the Novica Live start-up kit. This kit will cost you $199 and the retail value of this kit is $400.
You will get business and presentation materials and also get your own personalized e-commerce website. The kit is a little expensive, but it is still affordable for most people.
You will also have to pay $8 every month for your website and the electronic submission of shows, tracking and reporting information.
How Much Can I Earn?
It is not easy to determine how much you will earn as it will depend on how well you can sell the products. The products are not cheap, but the customer service of the company is really good and their quality is also good.
So if you are able to find the right audience, then you can sell the products quite well.
It will be harder to survive in the long run if you only focus on making offline sales. You will have to constantly look for new hosts and hope to sell the products at the parties. After a while it will get difficult to find new hosts.
Selling the products online can allow you to survive in the long run if you work hard to get attention online. You may succeed in earning a full-time income, but there are no guarantees.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The products of this company are expensive.
It is a competitive niche.
In my opinion, Novica Live is not a scam. They still offer some helpful ways on how you can start your own business.
On the other hand, I would not recommend joining this company if you don’t like the products and don’t feel confident in selling them. You can succeed by having realistic expectations and working hard in this business. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Work at home business
- Teaches entrepreneurial skills
- Can be overwhelming for beginners
- Limited ways of earning
I know you want to join in Novica Live because you already discovered the earning potential of having your own business.
But let me tell you that this type of business is not a walk in the park. It requires patience and great passion towards the products that you are offering in order to succeed.
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 favorite 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. What I like about it is that 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 the Novica Live, feel free to comment it below and I would be glad to interact with you.
Please let me hear your experiences and personal concerns on the comments below!