The products have various benefits like healthy metabolism, structural support, weight management, pH balance, supplement energy, provide vitamins and provide Omega-3 fatty acids. Like most MLM companies in the health and wellness niche, there is not much credible evidence to support the products. The company was founded in the year 2009. By the way, the founders are Robby Fender, Corey Citron, Daren Falter, Bobby Jones, and Michael Prichard.
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 Yoli MLM Work?
Let us take a look at some of the ways of earning money through the compensation plan of Yoli.
Retail profit is the difference between the wholesale price and the retail price. You need to be active to earn retail profits. Basically, there are two ways to be considered active.
You can generate 50 personal volume through retail or preferred customers. You can also be considered active by purchasing 50 personal volume every four weeks. Their compensation plan doesn’t specify the exact percentage that is paid on retail profit.
FAST START BONUS
This bonus is paid to active members who enroll new ones. It pays 20% of the commissionable volume on the first order with volume placed by your new members.
For example, if the personal volume is 800 on the first order, then you will earn $160 as fast start bonus if the order was placed by a new member. The requirements for being active are the same as mentioned earlier.
BINARY TEAM COMMISSIONS
Your downline will be divided into two legs as you start sponsoring people. The leg that will have the higher group volume will be your power leg and the leg with the lower group volume at the end of the commission week will be your pay leg.
When your personal volume is more than 200 in a given commission period, then any excess would be included in your pay leg group volume.
As the name implies pay leg is the leg that you are paid on. So you will be paid 10% of pay leg volume in a given period. It is a disadvantage that you are paid on your weaker leg especially when your team is not balanced well.
Unused pay leg volume will not carry forward while the power leg volume drops off after 53 weeks.
UNILEVEL EXECUTIVE MATCHING BONUS
You are paid a floating percentage of the binary team commissions earned by your personally enrolled members as well as their personally enrolled members. Basically, you are paid based on your rank and will determine the maximum percentage that you will receive for each level.
You are paid by this bonus in the range of 5% to 30% for up to 3 levels deep.
LUXURY CAR PROGRAM
There are several requirements for earning this incentive. You will be paid $600 to pay your loan or lease payment related to your new luxury car. If you don’t want to go for a luxury car, then you can earn $300 every four weeks.
The compensation plan has other ways of earning money as well, but I have tried to cover the most important ones. The requirement keeps on getting higher as you try to earn more bonuses and there are various limits on the amounts of bonuses that you can earn.
How Much Does It Cost to Join?
The cost of joining in Yoli is not clear, but it should be around or less than $100 if you choose the cheapest kit. You may also have to pay an annual fee or monthly fees for your website.
There are other costs associated with this business like sometimes you may have to buy the products to meet the active requirements. However, I don’t think that the cost of joining will be high.
How Much Can I Earn?
This is a multi-level marketing company in a competitive niche so you can’t expect great results from it. Multi-level marketing companies have a really high failure rate of more than 95%. The products of this company are not backed up by strong evidence and that is why it will be hard to sell them to some people.
The recruitment part is where the most money can be made, but most people are not able to build a strong team. Since the failure rate is very high, most of your team members will leave in the long run making it difficult to earn the team related bonuses.
The fact remains that you have to go beyond your friends and family to succeed in this business.
It is clear that most people will fail in this business in the long run. Only a few people will be able to earn a full-time income and make a lot of money.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The products are on a competitive niche.
The compensation plan has high requirements in order to climb the ranks.
In my opinion, Yoli is not a scam. They still offer some helpful information on how you can start your own business.
On the other hand, there are still some rooms for improvement. I must say that this opportunity can be good for those people who have prior experience in MLM. As for the newbies, it can be a little overwhelming and challenging. 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
- Building a team can be challenging
I know that you want to join in Yoli because you are eager to find a new source of income. I also feel that you want to achieve financial freedom to have more time for your family and friends.
But let me tell you that this type of business not that easy. It requires patience and perseverance 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 Yoli, 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!