ONEHOPE Wine is known as a social mlm, where every wine bottle supports a charitable cause.
Many entrepreneurs attract to ONEHOPE Wine because of the company’s charitable mission, giving half of its profits to charity.
There’s no need to question whether ONEHOPE Wine Foundation a scam or legit. This has been confirmed by many news outlets.
When people ask, is ONEHOPE Wine a scam? They refer to the mlm business opportunity.
Just because a company’s mission is to support charitable causes, this doesn’t mean it’s a good business opportunity.
I understand you are looking at ONEHOPE Wine mlm as a way to build a life dream of financial freedom. But wonder, is this a profitable business or a scam?
This ONEHOPE Wine review will help you to decide if this is the right opportunity for you.
Let me be honest with you; the MLM business is dying. People don’t want to invite strangers into their homes. How can you build your MLM business?
Today, the opportunity is an online business. The internet allows us to reach customers around the world. It’s the best way to generate passive income from home.
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ONEHOPE Wine Review Summary
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Name: ONEHOPE Wine Business Type: MLM Investment: $198 Recent Reviews: |
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NO FACE-2-FACE SALE – NO RECRUIT – JUST PASSIVE INCOME
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What Is ONEHOPE Wine?
ONEHOPE Wine is a social mlm company that distributes and sells premium wine, coffee, and other products and services. The company sets a goal of giving half its profits to charity.
ONEHOPE Wine was launched by Jake Kloberdanz and seven of his coworkers who had left Gallo to start this social enterprise in 2007.
At the time of writing this review, ONEHOPE Wine estimated sales revenue is $20 Million, which is considered to be a small and risky investment.
Being a small mlm company, ONEHOPE Wine has room to grow and expand.
A big warning to all investors, ONEHOPE Wine doesn’t release the income disclosure statement (IDS). This document provides important financial information regarding the profits and losses of operating a ONEHOPE Wine business.
You must carefully evaluate and compare ONEHOPE Wine business with other home-based opportunities before joining.
You can use My #1 Business Opportunity to make a comparison.
How To Become A ONEHOPE Wine Consultant
ONEHOPE consultants are called “Cause Entrepreneur or CEO”. You will need a mentor to become a ONEHOPE Wine consultant.
However, if you don’t know a consultant, ONEHOPE Wine can assign you a mentor during the registration process.
To launch a business and make money with ONEHOPE Wine, you are required to purchase a starter kit, remain active, and be qualified for commissions. I’ll discuss these requirements in the next sections of this ONEHOPE Wine review.
The Cost To Become A ONEHOPE Wine Consultant?
The cost to become a ONEHOPE Wine consultant is $198, $248 or $298, depending on the starter kit you purchased.
Both packages, the $248 and $298, come with wine and marketing materials for you to promote your ONEHOPE Wine business.
Besides the cost of the starter kit, you must maintain an active and qualified status to make money with ONEHOPE Wine.
All ONEHOPE Wine consultants must pay an annual renewal fee of $99 to remain as a consultant.
Consultants are also required to submit at least 300 PCV (Personal Commissionable Volume), approximately $555, each month to remain active and qualified for team commissions. The PCV will increase according to your leadership rank.
There are other qualifications required according to your leadership rank, which I’ll discuss in the compensation plan section of this ONEHOPE Wine review.
As you can see, the cost to join ONEHOPE Wine is more than the business building package. You must purchase products every month to maintain an active and qualified status.
ONEHOPE Wine business is a Pay and Play opportunity. If you want to earn, you have to pay.
Any consultant who fails to maintain an active and qualified status is not allowed to receive bonuses and commissions.
The expenses above do not include your time, marketing costs, travel expenses, and gas.
Purchasing wines to meet the monthly active and qualified status can destroy your business profits if you cannot resell them. They become business losses.
In other home-based businesses, such as Affiliate Marketing, you earn the commission on every sale, no need to be active and qualified.
To learn why mlm opportunities, such as ONEHOPE Wine, require consultants to maintain active and qualified status, you should read our discussion on the FTC MLM Guideline.
ONEHOPE Wine Compensation Plan
It’s very difficult to calculate the exact commission under the ONEHOPE Wine compensation plan because the company uses Commissionable Volume (CV) to determine the commission, not dollars.
The CV is points assigned to each product by ONEHOPE Wine.
So, to determine your commissions on each order, you must first look for the total CV.
Let say you sold half-case of wine for $150. However, the CV for this order is only 120 CV. You at the 20% commission level. For this order, you earn $24 (120 CV x 20%), not $30.
OK, Let’s discuss briefly the ONEHOPE Wine compensation plan. To see the full version, just download a copy to read later.
You have two ways to make money with ONEHOPE Wine: selling wine and/or building a team.
Make Money Selling Wine
As a ONEHOPE Wine consultant, you earn the retail commission by making sales at in-home wine parties and through your own ONEHOPE Wine replicated website.
Your based commission starts at 20%. When your monthly sales volume is more than 1,500 CV, the retail commission increases to 25%.
The retail commission is very competitive. But, can you sell ONEHOPE Wine products on the market?
I visited the ONEHOPE Wine website and found the wine prices were very competitive. Price starts at $25.00 a bottle.
If you are a wine drinker, you know that it’s not easy to decide the wine price by looking at the bottle.
Make Money Recruiting Others
As long as you remain active and qualified for the Lead Cause Entrepreneur (LCE) rank, you have an option to earn downline commissions.
Downline Commission
ONEHOPE Wine offers from 3% to 5% downline commissions up to 4 levels.
But to earn downline commissions on all 4 levels, you must achieve the Director rank with $2,700 PCV, $6,300 GV (Group Volume), and $9,000 OV (Organization Volume) each month.
Generation Commission
As your personal recruits qualify for the Lead Director rank, you earn a generation commission from 1% to 3% up to 3 generations.
However, you must maintain a Lead Director rank to receive this commission.
There are other leadership bonuses and incentives which require even more personal sales volume and wine sales each month to qualify. You should refer to the compensation plan for more information.
As you can see, there are multiple ways to earn with ONEHOPE Wine. But to get paid, you must maintain an active and qualified status.
This is how mlm works. Ways to earn is not the same as qualifying to receive the commissions.
You can potentially earn nothing with ONEHOPE Wine because the expenses to maintain an active and qualified status might exceed the commissions received.
Can You Make Money With ONEHOPE Wine?
You need the ONEHOPE Wine income disclosure statement (IDS) to evaluate your chance of making money with this mlm opportunity.
The IDS is a financial document that reports consultants’ income for the prior year.
Mlm company with high consultant failure rates rarely publishes the income disclosure statement. They don’t want the public to know. This might be the case with ONEHOPE Wine.
So, how do you get a copy of the IDS?
You can request one at the time of enrollment. The law requires ONEHOPE Wine to provide you a copy together with the compensation plan.
As a business review writer, I look to the actual incomes to evaluate a business opportunity.
If ONEHOPE Wine refuses to provide you a copy of the income disclosure statement, don’t join. This is a bad sign. It’s a scam.
But you don’t need a copy of the IDS to know that 99% of mlm businesses failed.
Why?
Because the ONEHOPE Wine compensation plan was not designed for you to make money. It was structured to distribute and sell wine.
Just go back and look at the compensation plan discussion above, why do you think consultants must maintain an active and qualified status to earn commissions?
Is ONEHOPE Wine A Scam?
The main business purpose of ONEHOPE Wine mlm opportunity is to promote and sell wines, not for you to make money. But this doesn’t make ONEHOPE Wine a scam.
ONEHOPE Wine mlm is a business opportunity. Every business has risks.
You are responsible for carefully research, study, and investigate the ONEHOPE Wine business before investing.
Reading this ONEHOPE Wine Review is a good way to learn the risks and rewards associated with this home-based business.
As the owner of an Online Business Review, I have evaluated hundreds of mlm businesses to help investors identified and discover the right opportunity to invest.
ONEHOPE Wine is not a scam. It is a very competitive, risky, and unprofitable business opportunity.
Is ONEHOPE Wine A Pyramid Scheme?
ONEHOPE Wine is a legit mlm company if they follow the FTC guideline.
But it’s not wise to invest in a business opportunity just because the company follows the laws?
You need to look at the company’s compensation plan and consultants’ income when evaluating an investment.
If you look at the ONEHOPE Wine compensation plan, consultants are forced to purchase wine to earn commissions.
Consultants are essentially the customers of ONEHOPE Wine. They are not business owners. They purchase wine to maintain an active and qualified status.
Recruiting is the best option to make money with ONEHOPE Wine. The more people you recruit, the more money you make. This is how a pyramid is built.
Well, you don’t have to agree with me.
But you can’t deny that the compensation plan was designed to turn consultants into customers, not business owners.
Is ONEHOPE Wine Worth It?
ONEHOPE Wine is worth it if you enjoy drinking wine and want to support a cause.
But as a home-based business opportunity, ONEHOPE Wine is not worth the investment.
The chance of achieving your financial dream with this opportunity is near zero, impossible. It’s not easy to make good money as a ONEHOPE Wine consultant.
Today, the best home-based business is an online business, not an MLM.
Let me ask you this,
Do you know why you want to start a home-based business?
To earn extra money from home, to be your own boss, or to achieve financial freedom?
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One other business issue that you must carefully consider before joining ONEHOPE Wine is “Business Control”.
You have ZERO control over what products to sell or how to promote your business.
What happens if ONEHOPE Wine terminated your account?
You are immediately out of business! You lose everything and nothing you can do about it.
You start a business to build long-term incomes.
You want to create a system that generates money far into the future. Isn’t this the #1 reason you want to build a successful business?
ONEHOPE Wine is a good social mlm opportunity. It is not a profitable business.
MLM opportunities are no longer a lucrative option to make money from home. Everyone hates face-to-face sales and recruiting. You will have a hard time building a successful business with ONEHOPE Wine MLM.
The most profitable home-based business opportunities are online businesses. This business model doesn’t require face-to-face selling or recruiting.
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I hope this ONEHOPE Wine review answers your question, is ONEHOPE Wine a scam or legit?
Until next time.
Please share your own ONEHOPE Wine experiences below.
