Friday 29 July 2016

FOREVER

The Good

No Initial Cost to Start:
There is no cost to initially join Forever Living as an Independent Distributor. However, for those who are interested in joining Forever Living as an Independent Distributor, there is a Business Owner Box that can be purchased for £199.95 or about $284 to get a business started. New signees receive instant access to all the company’s products at discounted costs. Forever Living supplies new distributors with all the training they need to get started in their new business ventures. The company will also match these individuals up with a sponsor if they do not personally know someone who is a distributor.

Extensive Training Provided:
Forever Living provides new distributors with a variety of training outlets such as brochures, videos, meetings, workshops, and matching new distributors with a sponsor to help them in their new business venture.
High Commission Possibility:
Distributors purchase products at wholesale and then resell these products at retail and receive the difference as profit. Commissions can be as high as 48 percent.

Personal Discounts a Bonuses:
Distributors receive a 30 percent discount on products. They also receive personal discounts up to 18 percent when they sponsor new customers and have opportunities to earn leadership bonuses from 2-6 percent. Additional discounts and bonuses are available depending on where the distributor is in the marketing plan.
Recruiting Earnings:
Recruiting others to join as members can bring potential earnings between $800-$2,000 monthly after 4 months of building a downline and helping them build their business successfully.
Forever Living has several benefits to their multi-level-marketing.  The company’s main benefit is that they provide extensive training to their new independent distributors.  From reading material, videos, and workshops, combined with workshops, new distributors are given a great assortment of training materials to provide them with all the knowledge needed to succeed with Forever Living.

The Bad

History of Legal Issues:
Forever Living has been involved in several legal battles over the years. In 1996, the IRS and the National Tax Agency Japan audited Forever Living for possible tax evasion.
International Issues:
Claims made in 2004 regarding Forever Living products violated several laws in Hungary regarding nutritional products registration and advertising & cosmetics medicinal use.
A lot of Work for a Decent Income:
The earning potential for selling Forever Living Products takes significant work in order to make a decent income. A customer base of 20-30 people will generate about $200-$400 monthly.
Constant Recruiting Needed:
One of the biggest downsides with Forever Living is the need to constantly recruit. Unless you’re skilled in networking efforts, you may struggle as Forever Living doesn’t help with recruiting.
Although Forever Living has many great benefits to their business, they do have a few drawbacks to consider.  The company’s main downside is that Independent Distributors have to constantly recruit in order to gain new customers.
Another aspect to note is that Forever Living has had several legal issues in regards to their services.

The Bottom Line

The business opportunity from Forever Living Products International, Inc. is perfect for individuals who love to talk about aloe vera and its health benefits. However, the Forever Living business model relies heavily on recruitment efforts over product sales, which is a major downside for those with little sales and marketing skills.
The company does appear to be a legitimate business opportunity. Forever Living has an excellent rating with the Better Business Bureau and received only one complaint filed against them in 3 years. The company had its share of legal battles in the past, but nothing beyond what has been common with other similar multi-level marketing companies.


0 comments:

Post a Comment