This review is all about the SimplyFun. Do you want to know if this company is legit or just a scam? Are you wondering if it can help you earn some extra cash? Well, I suggest that you read this review in order to clear your doubts about it.
Company Name: SimplyFun
Price to Join: $129
My Rating: 6.8 out of 10.0
What is the Simply Fun?
SimplyFun is a multi-level marketing company that sells educational games so that the kids can develop their skills. The idea behind the products is brilliant as parents want their kids to learn while having fun.
Basically, the games have dual benefits: skill development and having fun. When the company was first founded in the year 2004, they used to sell traditional board games. They introduced the educational games in 2008 and the products sold really well. The company also offers an opportunity to become a Playologist and earn money through their compensation plan.
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 SimplyFun Work?
SimplyFun provided full information about their compensation plan on their website. So without wasting any time, let us take a look at the ways of earning money through this company.
The company pays a base commission of 25% on your personal sales. In simple words, you can earn 25% commission on your sales as soon as you join.
Actually, you can earn a higher commission through the personal bonus. The personal bonus is paid based on your rank as well as your monthly personal sales volume.
You can earn a 10% personal sales bonus by having more than $2,000 in monthly personal sales and qualifying for Master or a higher rank. The minimum percentage of personal sales bonus that you can earn is 3% and you can earn it by having monthly personal sales in the range of $600-$900.
There are other levels of this bonus, but the maximum amount that you can earn from your sales is limited to 35%.
PERSONAL SPONSORING BONUS
You need to have $100 in personal sales in the current month to qualify for this bonus. It is paid based on the personal sales volume of the people that you personally sponsor. It is paid in the range of 2% – 4% depending on your rank. Basically, you can earn a lot of money if you are able to personally sponsor a lot of people.
More Information About SimplyFun
The compensation plan of any multi-level marketing company is incomplete without team bonus. This bonus as the name suggests is paid on the team volume.
It is paid in the range of 2% – 7% depending on your rank as well as your monthly team volume. The company pays this bonus up to 3 generations while there are companies that pay up to 5 or more generations.
I know that you may not be familiar with the concept of a generation. Basically, a generation is the team that is built by someone in your downline. For example, when someone you personally sponsor reaches Mentor, his downline will become part of your first generation.
So as his downline grows, your team bonus will also increase.
There are other ways of earning money through the compensation plan like promoting bonus. You need to meet certain requirements to continue earning money. At the lowest level of Builder, you need $500 in personal sales volume every rolling 6 months if you want to maintain your level.
The requirements are much higher for higher ranks and there are team and title bonus related requirements as well. I must say that the compensation plan is a bit weaker compared to the compensation plans of many other MLM companies.
How Much Does It Cost to Join?
The starter kit of SimplyFun will cost you $129. It includes 10 games, play training tool, training guide, business supplies, catalogs and 2 tote bags.
You will also get a website to market the products for free when you buy the starter kit. It is a bit expensive compared to the starter kits of most MLM companies, but it has a value of $270.
How Much Can I Earn?
The products of SimplyFun are really good, but it will be difficult to find customers. You will surely find it challenging to sell the products to your friends and family because most of them may not be interested or they may not be able to afford the products.
Basically, you will have to find new people to sell the products to.
Selling the products will be challenging if you are not experienced. Team building is going to be even harder than selling the products because it is hard to find good people to recruit.
You may find people who show interest, but they may quit after a few months of struggle. So the key is finding people who are passionate about succeeding.
You can earn a decent income through sales alone, but I don’t think that most people will be able to earn a full-time income through this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The compensation plan is a bit weaker than most compensation plans.
It will be difficult to find buyers for the products.
In my opinion, SimplyFun is not a scam. They still offer some valuable information on how you can start your own business.
I think that you can join this company if you like the products, but it wouldn’t be easy to succeed. This company is certainly one of the better MLM companies out there. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Helpful Products for Kids
- Climb the ranks to earn more bonus
- Too much competition
- Support can be improved
I know that you want to invest in SimplyFun because you are eager to find a new source of income. I also feel that you want to have more leisure time for your family and friends.
But let me tell you that this type of business is not for everyone. If you don’t have the passion towards the products that they offer then you might have some problem.
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 the SimplyFun, 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!