Tag Archives: downline

HempWorx Business Opportunity How Much Can You Be Make

Categorized, MLM Business OPPORTUNITIES, , , , , , , , , , , , , , , , ,
HEMPWORX
HEMPWORX

 

HempWorx Business Opportunity How Much Can You Be Make
HempWorx Business Opportunity How Much Can You Be Make

 

 

This post is written based on the information and testimonials available online in the public domain.

You can also check out the step-by-step training to help you start your online business.

What is HempWorx?

HempWorx is a network marketing company that specializes in CBD products.

In 2017 HempWorx merged with the company My Daily Choice in May 2017, and  My Daily Choice is now its parent company.

The company’s founders are Josh and Jenna Zwagi, who claims to sell the best CBD oil products and offer one of the highest-paying compensation plans in the industry.

In the United States, CBD-based products have become very popular, and MLM companies like HempWorx are getting into marketing CBD products.

Many of us are looking for a way to make extra money, and HempWorx provides the opportunity means for them to do it.

https://mydailychoice.com/our-story

So, is this company legit, or is it just another pyramid scheme in disguise?

First, let’s take a look at the products. One of the main ways to determine if a network marketing company is legit is to see if the products they sell are of real value.

The HempWorx Product Line

The Hempworx product line is made up of hemp-derived CBD products.

CBD stands for cannabidiol, derived from either the cannabis or hemp plant, and is not the drug that makes you high, and it is considered by many to be the more ‘medicinal’ part of the plant.

The products of HempWorx CBD oils are derived exclusively from hemp plants.

According to the HempWorx website, there’s less than 0.3% THC (the part of cannabis that makes you high), which makes these products 100% federally legal in all 50 states throughout the US.

According to the HempWorx website, there’s less than 0.3% THC (the part of cannabis that makes you high).
According to the HempWorx website, there’s less than 0.3% THC (the part of cannabis that makes you high).

 These products can only purchase in ‘packs’ of various types and quantities.

Here is a look at the pricing:

  • Pet Pack – 1 pet product for $39
  • Builder Pack – 1 product of any kind for $69 plus shipping
  • Two Pack – 2 products of any kind for $138 plus shipping
  • Director Pack – 4 products of any kind for $199 plus shipping
  • Executive Pack – 12 products of any kind for $599 plus shipping
Hempworx Products

CBD pet products are priced separately at $39 plus shipping. Also worth mentioning is that if you want a 750mg bottle of CBD oil, it’ll cost you an extra 20 dollars.

Every product comes with a 60-day money-back guarantee, which is a good thing.

CBD Oil

CBD oil is Hempworx’s most important product. The Hemp oils come in either 500mg or 750mg concentrations and three flavors- Cinnamon, Peppermint, and Natural.

The main selling point of the HempWorx CBD oil is it comes from locally grown Kentucky hemp plants.

 And it’s extracted using the CO2 extraction method, considered by experts to be the highest quality and purest.

And they are “free of GMOs, synthetics, fillers, and other harmful ingredients.”

HempWorx tests its products using third-party laboratories. They also place this testing data on their website, which anyone can verify at any time.

Relief, Revive, and Renew Creams

The Relief cream is a mixture of 50mg of CBD and emu oil, which helps soothe and relax sore muscles.

The Revive cream is made of Collagen Retinol, 50mg of CBD, and an unknown ‘proprietary formulation;  According to the website, customers say the cream “reverses the visible signs of aging as well improves overall texture & complexion.”

The Renew cream is an ‘anti-aging’ cream that makes the skin look “younger, tighter, and brighter; The cream is made of 50mg of CBD and ‘apple stem cells’ which help rejuvenate aging skin.

Coffee and Creamer

This product is CBD-infused instant Arabica coffee. There are 30 servings in a box, and each serving contains 5mg of CBD, along with “other ingredients.”

The “CBD Keto Coffee Creamers” is a packet creamer you can add to your coffee. Each serving contains 5mg of CBD and comes in Hazelnut, Vanilla, and Mocha flavors.

CBD Dog Treats and Oil

These products consist of a beef-flavored 2.5mg CBD dog treat and a bacon-flavored CBD oil that contains 250mg of CBD.

CBD products for dogs are becoming more popular to help with overall health and anxiety.

Recommended: MAKE MONEY ONLINE

HempWorx Compensation Plan

The HempWorx compensation plan outlines how you can earn and what you need to do to qualify.

How does it work?

Network marketing (MLM) companies usually have two main ways you can earn.

The primary is selling the HempWorx products, and the second is referring others to the business opportunity.

Getting started as a HempWorx Affiliate

To become a HempWorx affiliate, you must purchase a ‘product pack’ and pay the $20 activation fee. Purchasing a product pack gives you access to a replicated website, your back office, and a ‘starter kit.’

The minimum product pack you can purchase to become an active affiliate is a Builder Pack for $69, along with the activation of $20, which brings the minimum affiliate startup cost to $89.

However, becoming a ‘preferred customer is also possible.

The Prefered Customer is similar to becoming an affiliate, but you don’t need to pay the $20 activation fee. You need to signup for a monthly auto-ship.

The benefit of becoming a preferred customer is you can refer others to buy products to get your product for free.

If you can convince 3. friends to buy a product, you’ll receive 1 product shipped to you for free. And you can keep doing this as often as you like, getting more and more free products.

Ways You Can Earn Money

There are 8. main ways you can earn money within the HempWorx business opportunity:

  1. Retail and Preferred Customer Commissions (paid weekly)
  2. Jump Start Bonus (paid weekly)
  3. Binary Commissions (paid monthly)
  4. Leadership Check Matching (paid monthly)
  5. Global Bonus Pool (paid monthly)
  6. Rank Bonuses (one-time bonus)
  7. VIP Auto Club (paid monthly)
  8. Elite Expense Accounts (paid monthly)

1) Retail and Preferred Customer Commissions

Retail commissions are paid on retail purchases. And the amount is the difference between your affiliate product pricing and what the customer pays, retail pricing.

Earning commissions on product orders of your preferred customers is different, though, since they are not paying the retail prices for their products.

The orders your preferred customer places within their first-month count towards your ‘Jump Start Bonus.’ And orders count towards your ‘Binary Commissions.’

  • Preferred Customer Shop and save •
  •  Shop for all MDC products • 
  • Save up to 20% on products with a subscription • 
  • Access to all sales, discounts, and promotional offers • 
  • Earn commissions for referring others • 
  • Shop for all MDC products • 
  • Save up to 20% on products with a subscription •
  •  Access to all sales, discounts, and promotional offers •
  •  Earn free product for referring others

2) Jump Start Bonus

The Jump Start bonus pays out residual commissions based on the business volume’ (BV) of product orders made within your downline And includes orders from both your affiliates and preferred customers.

.

To keep track of who earns what, HempWorx uses a ‘unilevel’ downline system…

Unilevel Downline System

You are at the top of this downline, and your direct referrals fall below you, becoming your ‘level 1’ referrals. Each person they refer becomes your ‘level 2’ referral, with this process continuing 10. levels deep.

Each product has its BV (business volume) assigned to it, and this is what your commissions are based on…

  • Pet Pack – 20BV
  • Builder Pack – 40BV
  • Two Pack – 80BV
  • Director Pack – 100BV
  • Executive Pack – 200BV

Each BV you acquire is equal to a $1 commission.

So the more your referrals purchase, the more BV points you earn within your downline and the more money you make.

 You earn a percentage of the BV according to your affiliate rank,Jump Start Bonus

For example: as a ‘Builder’ affiliate, you earn 30% of the BV within the first level of your downline. But, as an ‘Executive’ affiliate, you earn 50% on level 1 AND 10% on level 2, 8% on level 3, and 5% on level 4.

how much money can you make with Jump Start Bonuses?

How much you earn depends on your affiliate rank and the sales volume within your downline.

a Builder-ranked affiliate, with 3. people in the first level of your downline, each purchasing a ‘Builder Pack’ for $69 (40BV). You would earn 30% of 120BV, a $36 commission.

To qualify for these commissions requires purchasing or selling at least 40BV worth of products within a given calendar month.

RECOMMENDED: START YOUR ONLINE BUSINESS

3) Binary Commissions

Are an income stream that works on a different downline system than Jump Start bonuses.

Everybody you refer to HempWorks goes into your binary downline.

This places you at the top and only 2. people directly under you, so you have 2. main ‘legs.’ And the downline continues this way, infinite levels deep.

Binary Commission Example

To qualify for a binary commission, you must maintain at least 40 BV yourself and have two direct referrals under you who keep at least 90 BV. You also need a minimum of 300 BV within the ‘weaker leg’ to trigger a payout.

The weaker leg is the leg with the least amount of BV and is also known as the ‘pay leg.’

The amount you make is based on your affiliate rank and the BV generated within the weaker leg; if your left leg generates 1200 BV and your right leg generates 450 BV, you would earn a percentage of 450 BV.

The percentage of BV you earn depends on your affiliate rank; each rank is capped at earning a set amount (between $500 to $1,000,000) per month.

Your unpaid volume, if any, is carried forward to the following month as long as you maintain your 40 BV.

4) Leadership Check Matching

The leadership check matching pays out a percentage of the Binary Commissions your downline earns within a month.

The percentage you earn depends on your rank and what each level in your downline is earning, up to 10 levels deep.

The higher your rank is, the higher your check matching bonus and the more levels you can earn within your downline.

5) Global Bonus Pool Program

The Global bonus pool program bonus is based on total company revenue gained globally.

HempWorx sets aside 2% of its total business volume each month and distributes ‘shares’ of this to affiliates who qualify.

There are several ways to earn from this program.

  • Enroll 4. new affiliates or preferred customers within a month. Doing this pays out 1. share, and there is no limit to how many shares you can earn this way.

Advance in rank. Advancing from the ‘5 K’ affiliate rank and beyond, you will earn 2. shares in the Global Bonus Pool.

Regardless of how you earn these shares, you must buy or sell 40 BV worth of products in a calendar month.

The worth of each share depends on how well the company is performing within that month. 

6) Rank Bonuses

The Rank advancement bonus is paid to affiliates who reach certain ranks within the company.

The higher rank you achieve, the bigger your bonus:

  • 5K affiliates receive a $500 bonus
  • 10K affiliates receive a $1,000 bonus
  • 25K affiliates receive a $2,500 bonus
  • 50K affiliates receive a $5,000 bonus
  • 100K affiliates receive a $10,000 bonus
  • 250K affiliates receive a $25,000 bonus
  • 500K affiliates receive a $50,000 bonus
  • Super Affiliates receive a $100,000 bonus

To qualify for this bonus, you must buy or sell 90 BV worth of product and maintain that rank for 90 days.

7) VIP Auto Club

Once you’ve earned one of the first four rank advancement bonuses, you will qualify to earn a vehicle allowance. You must stick the company’s logo on the car

  • 5K affiliates receive a $150 per month car allowance
  • 10K affiliates receive a $250 per month car allowance
  • 25K affiliates receive a $500 per month car allowance
  • 50K affiliates receive a $1,000 per month car allowance

8) Elite Expense Account Program

This bonus is paid to the top 4 affiliate ranks to help cover miscellaneous expenses.

A successful network marketing business is “built around traveling the world, hosting events, and creating massive exposure.”

Here’s, are a list of the affiliate ranks for the expense account bonus:

  • 100K affiliates receive a $2,000 bonus per month
  • 250K affiliates receive a $5,000 bonus per month
  • 500K affiliates receive a $10,000 bonus per month
  • Super Affiliates receive a $20,000 bonus per month

RECOMMENDED; MAKE MONEY ONLINE

Is HempWorx a Scam or Legit Opportunity?

HempWorx is not a scam, in my opinion; Some MLM companies operate as pyramid recruiting schemes in disguise, but this is not the case with HempWorx/ My Daily Choice.

The company sells high-quality CBD products, the prices are relatively reasonable, the compensation plan is legit and fair, and there’s an opportunity to earn money.

But as with all successful businesses, it is not an overnight success story. 

According to the company’s income disclosure, less than 1% of HempWorx affiliates earn a full-time income (on average).

And this is very common among MLM companies; You can have the most outstanding products and the most lucrative compensation plan on the planet; But if all you do is try to recruit friends and family, you’re probably going to fail.

If you are like me and find it difficult to face-to-face selling, or convince others to be a member of your team, there are other ways to make money online; it is not a get-rich overnight option, but you can be successful to learn more click here ; I hope you found this article informative; please remember to share

NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).

Can You Actually Make Money With MLM The Possibility Is Not Good

Categorized, MLM Business OPPORTUNITIES, , , , , , , , , , , , , , , , , , , , , ,

Can You Actually Make Money With MLM The Possibility Is Not Good
Can You Make Money With MLM? The Possibility Is Not Good

What Is Multi-Level Marketing? (MLM)

Multi-level marketing (MLM), also called network marketing[1] or pyramid selling,][3][4[2] is a controversial[5] marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company’s products or services. In contrast, the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. An MLM strategy may be an illegal pyramid scheme.[6]

Multi-level Marketing (MLM) Companies

Multi-level marketing (MLM) companies use a network of independent distributors to sell products directly to people in the community.

Examples that most people think of when they hear about MLM companies include Avon and Mary K Cosmetics.

If you become a distributor for one of these companies, you will profit from selling the product.

But the natural way to make money is by recruiting a network of distributors who also sell the product, called your downline.

You earn commissions on sales made by distributors in your downline. To make money in MLM, you must know how to sell your product and build your downline.

About one in thirteen adults (18+) have participated in at least one multi-level marketing (MLM), sometimes referred to as direct sales or network marketing, during their lifetime, according to the AARP Foundation.

But do these people make money doing multi-level marketing? What’s the actual likelihood of MLM success?

It is possible to make money with MLM; however, we believe it is highly improbable. It is stated in a free e-book, ‘Multi-Level Marketing Unmasked, by Jon Taylor found, that 99.7% of people will lose money in network marketing.

Multi-level marketing (MLM) is mostly about recruiting

Multi-level marketing (MLM) is mostly about recruiting; that’s how most companies teach you to build your business by recruiting everyone you know.

And this is one of the reasons so many aspiring network marketers fail.

So for every 1,000 people who join a network marketing team, three will earn more than they spend.

So if I want to have five successful people in my first down the line, I have to recruit 1,665 new members so that 5 of them will be successful.

MLM may be a system that anyone can do, but it’s also a system where only 1 in 333 people are successful.

Each MLM has its version of paying commission and shares similar characteristics.

To stay active, you have to sell a certain amount per month. This creates a synthetic demand for the products.

Network marketing members are ordering products to remain active.

Members order more than what they personally use or can sell at a retail margin, which causes them to stockpile the products.

The balanced small business,

MLM Success and Dropout Rates

The AARP Foundation’s study found that 44% of participants dropped out after less than one year of working with an MLM Taylor’s research shows similar numbers and goes into a little more depth on dropout rates:

  • A minimum of 50% of MLM representatives drop out in the first year.
  • A minimum of 90% of representatives leave within five years.
  • By year 10, only those at or near the top have not dropped out—which means at least 95% of representatives have dropped out.

These numbers don’t go well when comparing them to the average failure rates of small businesses.

 MLM participants earned less than $100 per year before expenses.

According to the U.S. Small Business Administration, about 20% of small businesses don’t make it past a year, about 50% of the last five years or longer, and about a third make it past ten years.

According to the Washington Post survey, 60% of MLM participants earned less than $100 per year before expenses.

The Post, in their conclusion, found that most participants could earn significantly more money in exchange for a lot less time and money invested if employed in a minimum wage job.

The same study from the Washington Post found that 1/3 of MLM members admitted to borrowing money to fund their MLM side hustle.

Make Money Online

I know many people want to make extra money and go to MLM. I was one of these people. There are many ways to make extra money,

Making money online is an excellent way; with the advance of technology, it has become one of the preferred ways to earn.

This may sound like an impossible dream, but in today’s world, it isn’t. I know quite a few people who are earning good money online from their websites,

There are several ways to make money online; the thought of making money online may sound daunting, but it isn’t.

Of all the ways to make money online, Affiliate marketing is the one I favor most; not only will you be able to earn an active income, but Affiliate marketing also has the potential of becoming a passive income earner.

It is easy to start an affiliate marketing business; it costs very little, and you can start for free sometimes.

What Is Affiliate Marketing?

Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.

And you can learn about affiliate marketing in ten lessons for free, and the good thing is that you will have your business site up and running at the end of these free lessons.

 START YOUR FREE AFFILIATE MARKETING  TRAINING HERE.

You can then decide if you want to continue, The lessons are presented via video, and you can go at your own pace.

Earning an income through affiliate marketing requires the following:

  • Research into products, a consistent engagement with the products and brand networks that you choose to endorse
  • Understanding and using search engine optimization and social media marketing is necessary to attract new followers and generate additional income consistently.

As with every business, there are always Pros and Cons, so let us look at these.

 START YOUR FREE AFFILIATE MARKETING  TRAINING HERE.

Affiliate marketing is ideal for bloggers, coaches, information entrepreneurs, and those who build and maintain their digital properties such as YouTube channels3

. There are many aspects of affiliate marketing that make it a good home business model, including:

Wealthy Affiliate The Best Affiliate Marketing Training Ever—Wealthy Affiliate Review

  • No huge startup costs!
  • No selling face-to-face!
  • No stock to keep or manage!
  • No recruitment is involved!
  • No taking of endless surveys!
  • No considerable investment involved – (Get started for free)
  • And no working for someone else!
  • You can operate in any market you wish! – even your hobbies & passions!
  • Earn a full-time income & more! No limit to your earning potential!
  • No physical products: No need to create a product or service because you are choosing one that already exists.
  • You don’t have to stock or ship products.
  • Flexibility: You can work anytime and from anywhere as long as you have internet access.
  • Supplemental income: Depending on how you market your affiliate programs, there is passive income potential.
  • You Can add  Affiliate Marketing to your current home business to create an additional income stream, and you can have many income streams.
  • .

Cons of Affiliate Marketing

Like any business model, there are drawbacks and challenges to affiliate marketing as well, including:

  • Time: It takes a commitment and experimenting over time to generate the amount of traffic needed to generate income.
  • Competition: Affiliate marketing is highly competitive. Many affiliates promote the same products and compete for the same traffic and customers.
  •  Getting approved as an affiliate for popular companies or products can be challenging.
  • Lack of ownership: The customers belong to the merchant. You will know how many sales you made of what product, but you’ll have no information about who purchased most cases.
  •  It takes time and patience to see success; you will not see success overnight.

Start Building Your Online Business Now! (Free to Sign Up)

You can be an affiliate marketer, and remember, you can start for free on one of the best training platforms,

I appreciate your time and look forward to your comments and questions, and please remember to share.

NOTE:  This post includes affiliate links, which, if clicked on  and a product purchased, I get a small commission (with no increase in cost to you )

Multi-Level Marketing vs Affiliate Marketing Which Is Better

Blogs, Categorized, , , , , , , , , , , , , , , , , , , , , , , , , , ,

 

 

 

Multi-Level vs Affiliate marketing
Multi-Level Marketing vs. Affiliate Marketing

 

Multi-Level Marketing vs. Affiliate Marketing

 

Multi-Level Marketing

 

 

Multi-level Marketing companies, also called network marketing companies, direct selling companies, or other names, are not new.

Companies like Avon, Mary Kay, Herbalife, and other MLMs have been around for a long time. But with the advent of social media, they have acquired a new vigor and profile in this new era of internet marketing.

Their business model defines these MLM companies, and They do not use the traditional storefront method of selling their goods; MLMs sell their goods through “business owners” who are paid on commission.

Continue reading Multi-Level Marketing vs Affiliate Marketing Which Is Better →