JM Ocean Avenue is a multi-level marketing company that was formed by a merger of Ocean Avenue and JM International in 2014. They offer products in three categories including nutrition, living and personal care. But they only offer seven products which is very low compared to other companies.
Their personal care product line is limited to only two products. By the way, the founders of Ocean Avenue are Fred Ninow and Ken Dunn. Joe Zhou is the founder of JM International and now he is running this company.
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.
Company Name: Yoli
My Rating: 6.7 out of 10.0
How Does JM Ocean Avenue Work?
There are nine ways to earn money through the compensation plan of JM Ocean Avenue and we will try to take a detailed look at some of them.
You can earn from retail purchases when those products are made through the website of the company. Your profit will be the difference between the retail price and the distributor price. The retail purchases made by your customers will also count towards your active requirements.
By the way, a single purchase of 50 personal points in a month is enough to stay active.
This bonus is paid on the initial order plus upgrade orders of your new personally sponsored distributors. Basically, you will receive 20% of the bonus volume. You will also earn 20% of the monthly maintenance order of your personally sponsored distributors after their first month.
Your distributors may not buy the monthly maintenance order so you may not earn 20% from each distributor.
This bonus is basically paid on the sales that are made by your downline. You will have many legs in your downline as your downline grows. This bonus will pay you on all the legs except the leg with the highest business volume. The leg with the highest business volume will be your qualifying leg. You will earn either 10% or 12% on the sales of the pay legs on all placement levels down through infinity. Your bonus percentage will depend on your rank.
There is a limit to the amount of money that you can earn based on your rank. You will benefit a lot by being at a higher rank. You can carry over the volume that is left, but the higher ranks allow you to carry a higher business volume into the next month.
This bonus will pay you a percentage of the group bonus that is earned by active distributors you personally sponsored. This is paid up to 3 levels deep and it pays you 10% on all three levels.
You can earn on two levels by having 2 personally sponsored active distributors and you can earn on three levels by having 3 personally sponsored active distributors.
There are several other ways of earning money, but I have already covered the major ones above. I must say that the compensation plan is different from typical compensation plan of other MLM companies. On the other hand, it is clear that they pay better to those who are great at recruiting and advancing in the ranks.
How Much Does It Cost to Join?
I could not find the cost of joining because I could not find the official website of the company. It happens very rarely that one can’t find the official website of a MLM company.
Their company has already been closed down in certain countries according to my research. I don’t know if you can join in your country so you will have to find out if they operate in your country or not.
How Much Can I Earn?
The products of JM Ocean Avenue are not that impressive. There are plenty of MLM companies in this niche that have no strong scientific evidence behind the products. Unfortunately, this company is also one of them.
The customers will be very hard to find and you may end up buying the products to meet the monthly requirements from time to time.
Recruiting is where most of the money can be made, but I don’t think that you will most likely be able to build a team that lasts long. With such a high failure rate, most people will leave and you will have to find new people while trying to motivate the existing team members.
Multi-level marketing is not everyone’s cup of tea and most people will certainly fail in the long run. Some people may earn the income of their dreams, but your chances of being one of them are very low.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The products are on a competitive niche.
The company has closed down in certain countries like China and Vietnam.
In my opinion, JM Ocean Avenue is not a scam. They still offer some helpful information on how you can start your own business.
On the other hand, I must say that they still have some rooms for improvement. If you don’t have prior experience on MLM type of business then you may consider other ways of earning. The company has many flaws that will make it hard to succeed in this business.
But if you are passionate with the products that they are offering then you can give it a try. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial Skills
- Work at home business
- Climb the ranks to earn more
- Support can be improved
- Building a team can be overwhelming
I know that you want to invest in JM Ocean Avenue because you are already tired of not earning that much from your current job. I also feel that you want to achieve financial freedom through passive income.
But let me tell you that this type of business not for everyone. If you don’t have the passion towards the products that they are offering then you might face some problem. It also requires patience in order to achieve your goals.
On the other hand, if you are still looking for a new and alternative 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 and results of my labor. So, I want to share my success with you.
If you have more questions and concerns about the JM Ocean Avenue, 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!