Omnilife Review: Best Compensation Plan Ever?
Omnilife Health And Wellness MLM Company In Review:
I figured it was a brilliant opportunity when I was first invited to join a multi-level marketing (MLM) company.
Just think about the perks you could get just by selling products and greeting customers, such as cars, discounts, and travel packages.
It is rather inconvenient, if you think about it ,which may be one of the reasons that most people give up this opportunity. Mere expertise won’t make your MLM business profitable. You need information.
We’re going to review multiple aspects of OmniLife to decide if it really is the best network marketing platform out there.
We’ll talk about whether network marketing is the right online business for you.
At the end, I’ll answer some of the most frequently asked questions regarding OmniLife and MLMs in general.
But most important, I’ll show you the exact system I used to build my own internet marketing business to over $40,000 a month in mostly passive income.
This system made me swear off network marketing for good, because it uses some of the same skills in a much more powerful and profitable way!
Check Out This Simple Way To Run A Digital Real Estate Empire Online
This is so simple, it should be illegal.
Table of Contents
Omnilife Review Summary
Founders: Jorge Vergara
Product Type: Multi-Level Marketing
Price: $99 For Distributor Kit + At Least 300 PV Every Month
Quick Summary: OmniLife is one of the earliest known multi-level marketing companies that sells cosmetics, energy drinks, and other health and nutritional products available in over 20 countries and has more than 6 million distributors worldwide.
Omnilife operates multiple Mexico-based cash-and-carry distribution centers and is accessible in other countries, mostly in Latin America, but also in Canada, the United States, Spain, and Russia.
Overall Rating: 5/10
What Is Omnilife About?
Omnilife is a network marketing company under the health and wellness niche that was founded in 1991 by Jorge Vergara. The company is based in Mexico, but the products are sold across North, South, and Central America.
Jorge Carlos Vergara Madrigal (born 3 March 1955) is a Mexican businessman and film producer. Vergara is a billionaire with a net worth of approximately $1.5 billion. He is the founder of Grupo Omnilife, one of the top 200 corporations in Mexico.
Vergara is well-known for his “rags to riches” story.
Before establishing an MLM empire, he sold tacos on the street in Guadalajara until he became a distributor for Herbalife after meeting John Peterson, a salesman in Herbalife.
Following his experience with the health and fitness business, he launched his own label, “Omnilife.” It currently has more than 6 million distributors across 20 countries with 3,500 employees.
Given this, Omnilife is undoubtedly a massive brand.
Omnilife Product Line
Omnilife sells organic supplements that promise to hydrate the body, provide energy to help you perform throughout your day, snacks to manage your weight, and custom items based on your dietary plan.
It offers green coffee, aloe-lemon juice, and fruit-flavored shakes.
They also sell cosmetics, which are classified into six categories: Kenya Vergara, skincare, make-up, men’s hair care, and complements.
Body creams, eye serums, lipsticks, hair gels, after shave balms, and other cosmetics are also part of their product lines.
Omnilife Product Reviews
Omnilife products are not approved by the FDA. The explanation for this is that food supplements are not approved by the federal agency.
Omnilife, on the other hand, won one of the top awards in 2008, dubbed “Clean Industry,” suggests that they have complied with the standards.
I’ve never used any of their products, so I can’t claim their effectiveness. But here’s what I discovered.
The Omnilife Magnus Supreme, for example, has received mostly favorable feedback, as shown by the following:
How To Make Money With Omnilife
Omnilife, like other MLM firms, has two major ways to make profits.
The first is achieved by retail purchases. Depending on how much you sell or how much Personal Volume (PV) you get monthly, you can earn anywhere from 20% to 50% commission.
For example, if you’ve gained about 4000 PV in a month, you’ll receive a 50% commission on retail sales; 40% at 3,500 to 3,900 PV, 25% at least 1,000 to 1,999 PV, and 20% from 0 to 999 PV.
Now, when you recruit new members, you could rise to the next level, allowing you to receive more commissions and incentives. Additionally, if a team meets a milestone or sales quota, you can get even more bonuses.
Omnilife’s compensation plan offers the following bonuses: Generation Overrides, Level Overrides, and Team Builder incentives.
Omnilife provides five network earnings incentives and rewards to its entrepreneurs in order to boost and reinforce their business: Fast start bonus is at 10% of all sponsored direct referrals, irrespective of rank or pin, in the first 90 days. Bonus per level is up to three levels at a rate ranging from 8% to 6% based on rank.
Becoming an Omnilife distributor or member would mean buying a Distributor Kit at $39. In addition to this, you must retain 300 PV per month in order to qualify for commissions and maintain an active account.
In contrast to other MLM firms, this is fairly reasonable; but, only when you put in the effort in recruiting and selling that you will be able to recoup your capital or investment.
Pros/ Cons of Omnilife pro
With More Than 20 Years Of MLM Experience
To begin with, the company is well-established, and amidst some controversies, it has upheld a positive image.
Furthermore, it is one of the longest running corporations, which just means that Omnilife is a successful enterprise that can have a strong business opportunity.
We are all aware that the health and wellness market is flooded with related products.
Omnilife’s advantage is that it is quite a popular brand; the drawback here is that there are much cheaper alternatives on the market than Omnilife’s product lines, such as weight-loss coffee and energy drinks.
Though it promises a work-life-balance, making money with this type of business model is quite challenging.
Not A Passive Income
Because this is a multi-level marketing platform, you must constantly sell your products. You must work incredibly hard for it, particularly when it comes to recruiting people; or else, you won’t make money.
As a result, if you are someone who is searching for a passive income potential that will allow you to earn money even while you sleep, Omnilife is not for you!
Expensive Ordinary Products
As previously said, similar products are widely available elsewhere, both online and offline. As a result, it isn’t particularly distinctive. It will be difficult for you to sell it as a distributor unless you can make them stand out from the competition.
Furthermore, the items they carry are costly, which makes it more difficult to get consumers to make a purchase.
Lawsuits Against The CEO
Even though it has nothing to do with the distributors, the complaint brought against the CEO has left a negative effect.
Just think about it, if such thing can be done to a shareholder, how likely is it that he will do the same to other staff and members?
No Income Disclosure Statement
Omnilife has been around for quite a long time, but there was no Income Disclosure Statement on their website or anywhere else online.
This made me a bit skeptical as it may be that they’re concealing something, such as the fact that their distributors aren’t paid enough.
Can You Really Make Money With OmniLife?
There’s a lot that comes along with Network Marketing that many people struggle with. In fact, check out our Top 5 Reason Why Most Network Marketers Fail.
Now, don’t get me wrong…
You can certainly make money with Multi-Level Marketing, but if you’re gonna put in the amount of grueling work that comes with network marketing (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Final Opinion/ Verdict: Is It A Scam?
Omnilife is not in any way a scam, and provided that they have been in the business for a long time and raise millions of dollars per year, it is highly likely that it is a profitable company.
Still, as for most MLM firms and enterprises, it would still depend on you.
The big distinction between entering an MLM and any legitimate opportunity – such as affiliate marketing – is that you must purchase your products on a monthly basis, sell them to secure your revenue, and attract as many recruits as possible.
It is entirely possible to build a profitable and successful MLM business… But there are better ways to build a business other than network marketing business model.
Because unlike OmniLife, it actually provides real proof of real success from real people as recently as a few days ago.
What Is Our Top Recommendation For Making Money Online In 2021?
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where OmniLife falls short is in scalability.
There’s only so much time in a day and there’s only so many people you can reach to sell by yourself.
MLM companies know this!
Which is why they push so hard for you to recruit for your downline…you can’t get rich with it as a one man/woman show.
But what if you could make even more money off of little local websites without having to spend hundreds of dollars on overpriced products and a bunch of time recruiting people to sell under you?
With this digital real estate program, you can make recurring monthly income without constant sales to your friends and constant recruitment!
Sound too good to be true?
Of course it does!
But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a LOCAL website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
How do you get paid and how much?
Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it digital real estate now? That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to worry about:
- Your upline getting paid before you
- Begging your friends and family to buy from you
- Recruiting people all the time
As it is with OmniLife… You only get what’s left of the pie if you meet a monthly quota…
The course we recommend actually allows you to collect HUGE FLAT RATE DEALS.
Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group much better than the OmniLife group in our opinion. This group is much more active.
Unlike OmniLife, where you’re getting maybe $10 per sale, you could be getting 10-20X THAT.
A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding digital real estate.
Unlike OmniLife, more people have been able to walk away from their 9-5 job as well.
Digital real estate allows you to have total passive income with most of your day being spent WITH your friends, NOT selling to them.
Now, I know you probably have tons of questions…