Vestige is spreading wealth through wellness.
According to the company, Vestige Marketing Pvt Ltd has been the vehicle for people around the world to enrich their life by becoming the company distributors.
The word “mlm” reminds you of a pyramid scheme. Is Vestige a pyramid scheme or a scam?
Welcome to our Vestige Marketing Pvt Ltd review MLM Coffee Talk.
In this Vestige review, we are going to discuss the Vestige MLM business opportunity.
I understand that you are looking for ways to earn extra income or to improve your financial situation. You don’t want to waste time and money with a pyramid scheme or a scam.
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.
Tired Of Scams And Pyramid Schemes?
Your Work From Home Opportunity!
Vestige Marketing Pvt Ltd Review Summary
|
Name: Vestige Marketing Pvt Ltd Business Type: MLM Investment: $16 Recent Reviews: |
|
NO FACE-2-FACE SALE – NO RECRUIT – JUST PASSIVE INCOME
CHECK OUT THIS #1 HOME-BASED BUSINESS
What Is Vestige?
Vestige is an India mlm company with headquarters in New Delhi, India. The company competes and sells a variety of products in the health & wellness and supplement industry.
The company was launched in 2004 with a network of over 1,810,000 independent distributors worldwide.
The company was named to the Direct Selling News Global 100 direct selling company in 2019.
The company 2018 sales revenue reached $194 million.
As an India mlm, Vestige does not publish its income disclosure statement (IDS). This financial document provides important financial information regarding the profit and loss of operating a Vestige mlm business.
Vestige is operating in a highly competitive supplement industry, which is very difficult to earn a good income.
It is recommended to compare Vestige with other home-based opportunities before investing.
You can use My #1 Business Opportunity to make a comparison.
How To Join Vestige?
You must have a sponsor to join Vestige.
If you are living in India, it is fairly easy to locate a local Vestige distributor.
If you are living outside India, you can visit the company website to request one.
Your sponsor will help you complete the registration process to join Vestige.
However, before you can make money with Vestige, you must purchase products to activate and qualify your business. I’ll discuss more this in the compensation section of this Vestige Marketing Pvt Ltd review.
The Cost To Join Vestige
Joining Vestige is free to join.
But, to build a business, you must activate your business by purchase to meet the initial Point Value (PV) requirement.
The initial cost to join Vestige is 30 PV, approximately 1,100 India Rupees ($16.00).
Besides the initial product purchase, there are monthly expenses to maintain as an active Vestige distributor.
Vestige requires all distributors to maintain a monthly PV level, based on the commission level, to remain active.
If a distributor wants to receive a 17% commission, then 20 PV, about 734 rupees ($11), of the products ordered each month.
To receive a 20% commission, then 40 PV, about 1,468 rupees ($22), of the products ordered each month.
I call this, the monthly Active Expense. Vestige is a Pay and Play business opportunity. If you want to earn, you have to pay.
Any distributor that fails to maintain an Active Status is not allowed to receive bonuses and commission from Vestige.
Remember, the expenses above do not include your time, marketing costs, traveling, and gas.
The monthly active expense can destroy your business profit if you cannot resell the products. They become business losses.
Other home-based businesses, such as Affiliate Marketing, you earn the commission on every sale, no need to be active and qualified.
Do you know why Vestige has a monthly active fee?
To sell products and to avoid being classified as a pyramid scheme under the FTC guideline. (Check our MLM vs Affiliate Marketing for the discussion on the FTC MLM Guideline.)
Vestige Compensation Plan
Vestige believes the company compensation plan will help change your financial destiny to achieve the highest level of success.
But most mlm companies are in business to make money for themselves.
I am very skeptical regarding this financial success claim.
I’ll provide a quick analysis of the Vestige compensation plan. To see it in detail, just download a copy.
Vestige adopts an Unilevel compensation plan. The company states that distributors have 7 different ways to earn. But a few of the options are not earning at all. They are discounts and savings.
In the mlm business, you only have two options to earn: Sell Products and/or recruiting others to join.
Make Money Selling Vestige Products
Vestige offers distributors a discount between 10% to 20% depends on your monthly purchase volume.
But this discount is for personal product consumption, not to resell.
Vestige Code Of Ethics clearly stated that distributors cannot resell the products for a retail profit.
I find this to be disturbing because the only way to make money with Vestige is recruiting others to join the company.
Make Money Recruiting Others
There a few options to make money from recruiting activities.
However, you must be active and qualified to receive the bonuses and commissions.
Accumulative Performance Bonus (APB)
This bonus is earned based on the total monthly PV of sale.
Point Value (PV) is points assigned to each product by Vestige.
Every time you sold a product, you collect PV to earn APB.
Vestige pays between 5% to 20% based on PV volume. See the chart below for volume qualification.
Fast Start 8%
You will earn 8% special growth commission when your Group Point Value (GPV) reached 282 PV.
But to qualify for this commission, you must recruit 3 people and purchase 282 PV.
Director Bonus
Vestige reserves 14% of the entire company total monthly PV to pay as Director Bonus.
To earn this bonus, the distributor must achieve the Director Rank with a minimum of 7,501 PV each month.
The bonus is paid according to the PV volume between 0.5% to 6%.
You are also required to maintain a 40 PV personal purchase to receive this bonus.
Fast Start Bronze Director
A 20% Fast Start Bronze Director is awarded to a distributor that achieve 7,501 PV in a single month.
There are other leadership and travel bonuses which you can refer to the compensation plan for more information.
As you can see, Vestige offers multiple ways to earn. But no money is paid unless you are active and qualified.
This is the trick with mlm. Ways to earn is not the same as qualifying to receive the money.
Qualification requires more product purchases or recruiting more people.
You can potentially earn nothing under the Vestige compensation plan because the costs staying active and qualified might exceed the bonuses and commissions received.
When evaluating mlm opportunity like Vestige, you cannot rely on the compensation plan to determine the business income.
You must look at the actual bonuses and commissions received by Vestige distributors to understand the business profit and loss.
Can You Make Money With Vestige?
You cannot look at the Vestige compensation plan and conclude that you can make money with Vestige.
Here’s what I mean,
The Vestige compensation plan offers POTENTIAL EARNINGS, how you can earn?
To know the actual income, you need a copy of the Vestige Income Disclosure Statement (IDS). This financial document provides ACTUAL INCOMES
received by distributors.
Where can you get a copy of the IDS?
You can request one at the time of enrollment. The laws require Vestige to provide you a copy together with the compensation plan.
As a business review writer, I look to the actual incomes to advise clients on an investment.
If Vestige refuses to provide you a copy, don’t join. This is a sign of a potential scam.
Is Vestige A Scam?
Vestige uses hype and misleading marketing tactics to recruit people into joining its business opportunity. This is unethical.
But in our business world, this is considered an acceptable business practice.
Vestige is a business opportunity. Every business opportunity has risks. You are responsible to carefully research, study, and investigate Vestige before investing.
When you join Vestige Marketing Pvt Ltd without doing proper researches, then you cannot call Vestige a scam.
Reading this Vestige Marketing Pvt Ltd Review is a good way to learn the risks and rewards of this opportunity.
Many entrepreneurs hire a professional financial analyst to help with evaluating the business opportunity prior to maximize their return.
As an owner of an Online Business Review, I offer my mlm businesses evaluation to help investors identified a profitable business.
As a business opportunity, Vestige is not a scam. It’s a very competitive and difficult to make money.
Is Vestige a pyramid scheme?
Vestige considers itself a legit mlm company. But, that’s their opinion.
I am using the financial information and earnings to determine a pyramid scheme.
I say, Vestige is a pyramid scheme.
If you look at the Vestige compensation plan, Distributors are forced to purchase overpriced products, and the only way to make money is by recruiting others into the business.
The more people you recruit, the more money you make.
The customers of mlm companies are their own distributors, those seeking to make money with Vestige.
Doesn’t this qualify Vestige as a pyramid scheme?
You don’t have to agree with me.
But, based on our Vestige Review, you must agree that Vestige is not a vehicle to change your financial destiny.
The Vestige compensation plan was designed to make money for Vestige, not to help you achieve your goals and dreams.
Is Vestige worth it?
I believe this Vestige Marketing Pvt Ltd review provides you enough information to decide this yourself.
I would not invest with this company.
Can I ask you a question?
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?
And to make money, we invest in a PROFITABLE business!
There are much better and less risky home-based business opportunities.
If you want to be an owner of a lucrative and profitable business that generates six-figure passive income, then read my #1 recommended online business opportunity.
You should use the writing skill to start your own highly lucrative online writing business, TODAY!
There’s NO traveling around town to attend late-night meetings and NO face-to-face sales or recruits with my online business.
The best part, you are working on the computer in your own home or anywhere you like.
|
|
One other major business disadvantage as a Vestige distributor is, “Ownership Control.”
All distributors have no control over their mlm business.
You must follow and obey Vestige business rules and policies to stay in business.
Think about this, what happens if Vestige goes out of business?
You are out of business on the same day. All your hard work disappears and nothing you can do about it. You have zero control over this.
You launch a business to make money in the long-term, far into the future. Isn’t this the #1 reason you want to build a successful business?
The 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 Vestige MLM.
The most profitable home-based business opportunities are online businesses. This business model doesn’t require face-to-face selling or recruiting.
You can use This #1 Home Business Opportunity to create a full-time passive income. You can work from the comfort of your own home and on a laptop, with no commute and no boss. You work whenever you want and where you like.
I invite you to read What I Do Every Day To Make Money At Home Online. Let me show you the real system of generating passive income.
Thank you for joining in our Vestige Marketing Pvt Ltd review discussion.
Until next time.
You can share your own Vestige review below.
