Are you also asking, what is the Monat Global? Do you want to know if this MLM company 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: Monat Global
Owner: Luis Urdaneta
Price to Join: $99
My Rating: 6.8 out of 10.0
What is the Monat Global?
MONAT Global is a multi-level marketing company that focuses on selling hair care products. The products are on the expensive side, but there are still people that are willing to buy them because they claim that the products work. They say that it allows people to grow more hair and keep them healthy.
The market for hair care products is expected to grow in the near future. By the way, the founder and chairman of this company is Luis Urdaneta and it began its operations in the year 2014.
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 Monat Global Work?
Let us take a look at the ways of earning money through the compensation plan of this company.
The company pays a 30% commission on retail sales and you can earn a 15% commission from VIP customers. The commission paid on retail sales is certainly not the highest in the industry, but it is still acceptable.
The people in your downline are spread across various levels and the ones you directly sponsor are part of your first level. The people that are sponsored by the distributors on your first level are placed on your second level.
This continues as more people are sponsored by the people in your downline. The uni-level bonus pays up to four levels deep based on your sales.
The uni-level bonus pays in the range of 3% -12% and the pay depends on the level of your downline as well as your rank. Higher ranks pay on more levels and a higher percentage on the sales of your downline.
GROUP VOLUME BONUS
If you want to earn this bonus, then you will have to qualify for the rank of Managing Market Builder. It is very hard to qualify for this rank as there are multiple qualifications like 7,000 group volume and 500 personal volume.
This bonus pays 2% on every level from your fifth level until the next Managing Market Builder in your downline.
PRODUCT PACK BONUS
This bonus is paid on the product packs purchased by the people that you personally sponsor. If someone you personally sponsor buys a high priced pack, you will earn higher amount of bonus. This bonus pays $100, $120 or $220 depending on the pack that your personally sponsored distributor chooses to buy.
VIP CUSTOMER ACQUISITION BONUS
This bonus pays $60 for every four new VIPs that you enroll.
You can earn this bonus anytime if you are in Smart Start. If you are not in Smart Start, then you must enroll the four new VIPs in the same calendar month. By the way, the Smart Start period includes the month that you enroll as well as the following two calendar months.
You can also earn a Block Bonus during the Smart Start period by enrolling four new VIPs and a new Market Partner. The Block Bonus pays you $150, which is a nice amount.
Like a typical MLM company this company also pays generation bonuses. These bonuses are paid up to 5 generations and you will have to qualify for the rank of Associate Market Mentor to start earning them. The higher ranks pay generation bonuses on more levels.
There are other ways of earning money through the compensation plan, but the ones I have mentioned are enough to know the basics. As expected, the compensation plan is more focused on recruiting and building a big downline.
How Much Does It Cost to Join?
You can join in Monat Global by buying the Starter Kit for $99 and you will have to buy a product pack after that within the next 30 days. On the other hand, you can directly buy a product pack and start your business without buying the Starter Kit.
By the way, here are the product packs and their prices.
Business Product Pack: $299
Success Product Pack: $399
Overachiever Product Pack: $599
The cost of joining is higher than most MLM companies and as a result you will have to work harder to break-even.
How Much Can I Earn?
The compensation plan looks good on paper and some people might think that they will start climbing the ranks in no time. Unfortunately, most people struggle to reach the higher ranks and they have to give up working for companies like this one. It can’t be denied that you can make a lot of money at the higher ranks, but the higher ranks come with higher qualifications.
The products are expensive and they are something that people have to buy again and again. The customers that buy the products once ,may refuse to buy them again because they are expensive and they can’t bear the additional expenses repeatedly.
So your chances of earning a lot of money are not great if you join this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
Prices are too high & unrealistic to make enough sales.
Your salary is dependent on how much you put into your business.
In my opinion, MONAT Global is not a scam. The company looks legitimate and I could not find any distributor that claims that it is a fraud. They also offer some helpful information on how you can start your own business.
On the other hand, I don’t think that you will have an easy time with this kind of business. The company doesn’t do much to stand out from other MLM companies. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Good earning potential if done right
- Teaches entrepreneurial skills
- Climb the ranks to earn more
- Support can be improved
- Build a solid downline
I know that you want to join in Monat Global 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 hard work in order to achieve your goals.
On the other hand, if you are still looking for new source of earning, 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.
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 Monat Global, 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!