What is the Gano Excel? Is It a Scam to Watch Out For?
Are you also asking, what is the Gano Excel? Do you want to know if it is a legit MLM business or just a scam? Are you curious if it can help you earn some extra cash? Well, here is my in depth Gano Excel review to help you learn more about it.
Before we jump into the review proper, let me point out that I have always been making reviews about MLM companies. I made this as a passion because I want to help people don’t do the same mistakes as I did before. By the way, if you want to start a legit way of earning, check out my review on the #1 recommended work at home opportunity.
what is the gano excel?
Gano Excel is a multi-level marketing company that was founded in the year 1995. The company operates in more than 60 countries. They offer beverages, supplements and personal care products. Leow Soon Seng founded Gano Excel along with the co-founders Lew Soon Kiak and Ooi Kheng Seng. You can take a look at the official website to know more about the products of the company.
In this review, I will take a closer look at the business opportunity that they offer and try to determine whether this company is a scam or not. I do not work for this company and this review is completely unbiased. I recommend reading the entire review before thinking about investing your hard earned money.
how does gano excel mlm works?
You must focus on staying active because it is the only way that qualifies you to earn commissions from their wealth plan. Basically you must generate at least 50PV in sales volume every 30 days for you to remain active.
The following are the ways that you can use to earn money from the wealth plan of Gano Excel.
Retail sales are one of the easiest ways to earn money from any MLM company and you can earn money from retail sales immediately after joining. Your retail profit is the difference between the retail price and the wholesale price.
GEN5 FAST START
You need to be an ESP qualified Affiliate to earn this bonus. This bonus is paid in the range of $25-$150 each time you personally enroll Affiliates that start their Gano Excel business with one of the Executive Success Packs. You can also earn override bonuses of $5-$40 on up to 4 additional generations of your team.
BINARY TEAM COMMISSIONS
You can also earn commissions from the sales of your downline just like any other MLM company. You need to be active and enroll 2 people who have at least 50 PV in product per month to earn Binary Team Commissions. You can earn up to 10%-17% payout on the balanced volume created from both of your teams.
There are a lot of other ways to earn from Gano Excel but I have only discussed the major ones.
Honestly, I think that their wealth plan is not so unique and it is like most MLM companies. As per my initial judgment you can earn some money if you only reach the top ranks. But then, don’t conclude first because I haven’t touched the earnings part yet so just keep reading.
how much does it cost to join?
There are 3 ways on how you can get started in Gano Excel. They offer Executive Success Packs that act as your business builder. So the following are the ESPs and their prices.
Executive Success Pack 1- $195
Executive Success Pack 2- $495
Executive Success Pack 3- $995
Based on the prices that they have presented, it is undeniable that this is a no joke business. The cost of joining is high so you should think a couple of times before joining.
how much can I earn?
Gano Excel is a multi-level marketing company and most people fail in this type of business. The major problem that arises with MLMs is that it is hard to sell and recruit other people. If an average person is not so good at selling and building a team, it usually leads to their failure in this business. The products of the company are good, but they are not the cheapest in the market. Thus there are a lot of competitions.
Even if you build a team it is not sure that your team will do well and generate a great income. There is definitely no certainty in this kind of business and you can only hope that things go in your favor.
I think that most people may earn a few hundred dollars per month if they work hard. There will be a few people who will earn thousands of dollars per month, but they will be very rare. Most people will eventually fail and quit this business.
are there any complaints?
Yes, and I have listed some of the major complaints below.
PRODUCTS ARE HARD TO SELL
Like what we have discussed earlier, there is too much competition in the product line that this company offers. If you could notice, there are plenty of cheaper alternatives that are present in the local market. This is a problem because you will have a harder time selling your products. And eventually make your income lower.
In my opinion, Gano Excel is not a scam and there is no evidence of Gano Excel being a scam. However, I am not going to recommend this company because of some reasons. The expected earnings are low and most people fail in this company. It is also very hard to climb the ranks. I leave the final decision in your hands. Good luck and choose wisely.
is there other way to earn online?
I know that you want to invest in Gano Excel MLM business because you wanted to earn some extra cash to help you in your bills and expenses. I also feel that you are already tired of waking up each day just to go to your 9-5 job. Unfortunately, this is not the best answer to your problem.
Actually, I also felt the same way as you before. I thought that MLM business is the solution to my money problems. But I realized that it is just too good to be true. Even though I spend much time and effort into it, I still can’t achieve the desired income that I want.
Now, your next question is, how can you really make money at home? My best suggestion would be through making a blog. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home. Basically, you will earn commissions from promoting other people’s products. You don’t own any product but you are making money from them.
Right now, I am on my first year in this program 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 Gano Excel MLM business, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!