Are you also asking, what is the Saladmaster? Do you want to know if it is a legit MLM company or just a scam? Are you curious if it can really help you earn some extra cash? Well, I suggest that you read this review in order to learn more about it.
What is the Saladmaster?
Saladmaster is one of the oldest multi-level marketing companies as it was founded in the year 1946. This company sells cookware, kitchen tools, bowls and many other products that can be used in the kitchen.
Since this is an MLM company, it also offers the opportunity to make money by becoming a distributor. The company will provide you the training and business tools to help you throughout the process.
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 this company. I recommend that you read the entire review before thinking about joining this company.
How Does Saladmaster MLM Work?
Once you become a distributor for this company, you will receive training. The training will teach you about the fundamentals of the company as well as the necessary skills needed for your success. You will also receive tools during the training that will help you in strengthening your presentation skills.
The company’s official website does not have a detailed compensation plan of this company. I don’t like the fact that the compensation plan of this company has not been disclosed on their website.
It would be much easier for those who are interested to learn more about the company if they had included a copy of the compensation plan on their website. But I found some information about it through research so there is no reason to worry.
You will start at the lowest level in the compensation plan and it is called the Associate level.
You will earn 10% profit on your personal sales and 2% override on the sales of your personally sponsored distributors. You will get a 5% bonus on your sales if you complete Fast Track. The next level is Consultant where you will earn 15% profit on your personal sales, but the percentage of overrides will remain the same.
More Information About Saladmaster…
Senior Consultant is the next level where you will earn 20% profit on all of your personal sales and 3% override on the sales of your personally sponsored distributors. After you have qualified for the next level after Senior Consultant, you will become a Group Manager.
The Group Manager and higher levels earn 20% profit on their personal sales and 3% override on the sales of their personally sponsored distributors.
Basically, the people on the higher levels make more money because of having a bigger downline as the percentage of commissions and overrides is the same as Senior Consultant in the higher levels as well. The people on higher levels also receive more training to help them in reaching the top.
The next level after Group Manager is Distributor where you will develop your downline of Group Managers and Consultants. The last two levels are Direct Dealer and Senior Dealer. Senior Dealer is the highest level that you can reach in the compensation plan of this company.
So in short, there are two ways to make money and they are retail sales and sponsoring people.
You can’t reach the higher levels by only focusing on retail sales and you will need to sponsor a lot of people as well. Your earnings will increase as you reach the higher levels. One important thing that you must remember is that you must remain active to receive overrides.
I think that the percentage of commission that is paid by this company on retail sales is not so good because there are companies that pay 40% or more commissions on retail sales. The compensation plan is good, but it is more beneficial for people on the higher levels.
How Much Does It Cost to Join?
I could not find any information about the cost of joining on their official website. But I don’t think that the cost of joining will be too much as companies want many people to join.
How Much Can I Earn?
I could not find an Income Disclosure Statement that has been published by the company. So this company hasn’t disclosed much about it. The compensation plan, the cost of joining and the Income Disclosure Statement are missing from their website.
I was quite shocked to find out that the official website doesn’t mention the prices of the products as well.
I found after some research that the products of this company are expensive. Your earnings will depend on how much product you and your downline can sell, but expensive products are hard to sell.
It is hard to convince people to buy something that can cost them more than a thousand dollars. You will need great selling skills to sell enough products and make consistent money.
The margin of profit is higher, but the products are durable and you can’t sell the products again and again to the same person. You will have to find new people to sell the products constantly. Your downline will also struggle to sell the products. So, I don’t think that many people will make a good income through this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The products are expensive.
The company uses high pressure sales techniques.
Saladmaster is certainly not a scam or it would not have existed for so many years. They also offer some helpful training on how you can start your own business.
However, I must day that this business is not for everyone. The products of this company are expensive and the company is not transparent about many things. This company is not suitable for the average person. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches Entrepreneurial Skills
- Provides Training
- Support needs improvement
- Expensive Products
Are there Other Ways to Earn at Home?
I know that you want to invest in Saladmaster because you want to find a new source of income. I also feel that you already discovered the potential of having your own business.
But let me tell you that, it is not always that easy. It requires great passion and patience in order to be successful in this type of business. So, if you don’t have your full heart in this one, I suggest that you look for something else.
Now, your next question is, is there other way to make money at home? 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 this will enable you to enjoy your working time at home.
Right now, I am on my second year in this community 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 Saladmaster, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!