Is MonaVie a Scam or Opportunity? and how much do the average distributor really make?
Business → Marketing & Advertising
- Author Kelly Marsch
- Published September 14, 2010
- Word count 381
MonaVie has become a popular work from home business opportunity for network marketers since it's establishment in January of 2005 and claim to have reached the mark of 1 billion dollars in sales. The questions are, although MonaVie as a company has grown by leaps and bounds and appears to be fiscally sound, What is the average MonaVie distributor s earnings? Is it a scam or opportunity? You be the judge.
What are your chances of acquiring success with MonaVie?
The longer a network marketing company is around, the chances of acquiring success as a distributor is significantly lowered. MonaVie has already had its enormous growth period. Which has already taken place within the last four years. They may be one of the the most successful marketing companies out there. Thats great for MonaVie, thats great for the company but not so much for you and I looking for a great opportunity to make money in this industry or with MonaVie.
How MonaVie The Company makes their money
The distributors purchase cases of product to give out as samples, and this generates income for the company not the distributor. The average Network marketer with MonaVie are on average out of the business within 3 months. After they have run out of their warm market(friends and family) and then begin to struggle to acquire 1 distributor a month into their MonaVie business. 20% of MonaVie distributors will continue to consume the product and continue to provide income for the companyÂÂ. This is MonaiVes real marketing strategy and how they(the company) have made so much money over the years .
The Facts
In Newsweek Magazine, August 11, 2008, Tony Dokoupil had this to say about distributor earnings, "...according to MonaVie's 2007 income disclosure statement, a federally required printout of their distributor earnings, more than 90 percent were considered 'wholesale customers', whose earnings are mostly discounts on sales to themselves. Fewer than 1 percent qualified for commissions and of those, only 10 percent made more than $100 a week. And the dropout rate, while not disclosed by MonaVie, is around 70 percent according to a top recruiter." How much does the average person make with MonaVie? MonaVie's official Earnings Disclosure Statement (July 2008 - July 2009) tells us that The average annualized income for all MonaVie distributors during this period was $2,918.22
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