The Essential Facts Behind Making Money With MonaVie
The MonaVie Compensation Plan
On MonaVie’s official website, they boast of how they offer ‘the most innovative and dynamic compensation plan in the direct selling industry’, with 9 different ways of making money based mainly on earning various commissions. Yet a 2008 survey suggested that only 13% of MonaVie distributors ever qualified for commissions, and that the vast majority made very little money at all. On top of this, many distributors claim the plan is complicated and difficult to understand. This article will examine the Monavie compensation plan, and show you exactly how you will earn money with MonaVie.
New Generation Binary Plans
MonaVie’s highest earning distributors Brig and Lita Hart, the self-styled ‘world’s greatest network marketers’, refer to MonaVie’s compensation plan as a ‘new generation binary plan’.
Under a standard binary plan, every distributor would have two downline ‘legs’ – a left leg and a right leg. Whenever they add someone new to their business, they would either place them in the left leg or the right leg, and at the end of each week they would earn commission from both legs based on the volume of sales on the weaker side.
In MonaVie’s binary compensation plan, the excess volume in the stronger leg which goes unclaimed by the distributor can be carried over into the next week, allowing you to earn commission on it at a later date. For example, if the sales in the left leg total $1000, and the sales in the right leg total $2000, you will earn commission based on the $1000 (typically 10%), so you would bank $100 from your left leg, and $100 from your right leg. The remaining $1000 from your stronger leg will be added to your pot for next week, allowing you to gradually earn more commission.
Many people think the best way to operate within this kind of compensation plan is to purposely build up a ‘power leg’ which is stronger and generates more sales than the weaker leg, but some people feel that trying to balance both legs, therefore achieving a more stable commission, is the way to go.
With MonaVie, you begin by ordering a $39 start-up kit and at least one case of juice, and you must continue to order at least one case per-month to remain in the programme. Once established, there are 9 different ways to earn commission. They are:
♦Bulk Order Bonus
♦First Order Bonus
♦Star Maker Bonus
♦Executive Check Match Bonus
♦Multiple Business Centers
We are going to examine each of these compensation methods individually, to show you exactly where your MonaVie income is going to come from.
Direct sales refers to the simple method of buying product at wholesale prices and selling it on at retail prices for a small profit. This could mean selling it on to other people who are interested in purchasing the product, or it could simply mean buying the product yourself. All MonaVie distributors are obliged to have at least one case of product on ‘autoship’ every month.
Top Retailer Bonus
The Top Retailer Bonus is the most recent addition to the MonaVie compensation plan, and is paid to distributors who achieve high retail sales over a specific four week period. The distributor with the most sales to at least 5 separate customers will receive the main bonus, the next three distributors with the next best sales will receive a smaller bonus, and all remaining distributors who achieve sales to at least five different Preferred Customers during the incentive period will earn a smaller-still bonus.
First Order Bonus
Whenever somebody that you signed up to the business orders their first case of product, you receive a bonus.
Bulk Order Bonus
Every time somebody you signed up to the business places a bulk order, you receive a bonus. A bulk order would typically be 3, 6 or 12 cases of product.
Star Maker Bonus
When you have signed up two more people to the business, you become a star. The Star Maker Bonus is paid out when those two people that you signed up also become stars in their own right.
Team commission is paid at a rate of 10% for the volume of sales for your entire downline, as described above. So if your weakest leg generates $1000 of sales, you will receive 10% of this from both your weak leg and your strong leg.
Executive Check Match
Distributors become eligible to receive the Check Match bonus when they reach Executive level, are regularly ordering at least 2 cases of product, and when the people below them who they have personally enrolled to the business (your personal enrollment tree) begin to earn commission. They receive a proportion of the commission, because they were responsible for enrolling them to the business in the first place. The Check Match is different to the Team Bonus, because you are only receiving commission for those who you are personally responsible for bringing into the business.
This bonus is paid to executives at the Blue and Black Diamond levels, and is paid at a rate of 1%. The bonus pays out on every executive leg that you have created, therefore offering you an incentive to help make your legs as strong as they can possibly be.
Multiple Business Centers
By the time you reach the level referred to as Hawaiin Blue Diamond, MonaVie gives you another business centre into which you can begin to add new distributors. It essentially turns everything you have created thus far into one leg, and allows you to begin a whole new leg, therefore greatly increasing the potential to make huge amounts of money.
In addition to this compensation plan, CEO Dallin Larsen has also pledged to give a free black Mercedes Benz convertible to any distributor who reaches the Black Diamond level. It is a promise which he has made good on so far.
Criticisms Of The MonaVie Compensation Plan
Many people feel that with so many different ways to earn commission, the MonaVie compensation plan is too complicated and confusing. Many distributors struggle to understand how much money they are due, and simply have to rely on checking their account every week to see how much they have earned, with little or no understanding of where the money has come from.
Others argue that it is extremely difficult to make any money with MonaVie. According to an article published in Newsweek in 2008, only 13% of MonaVie distributors ever qualified to receive most of the commissions listed above, and of those who did, only a tiny minority ever made more than $100-per-week. In another article published in the Hartford Courant, it was claimed that almost half of MonaVie’s 80,000 distributors earned less than $1,600-per-year, and a further 37% earned only around $2000-per-year. This suggests that MonaVie is not a viable business opportunity, but is merely a way to make a small amount of supplementary income. It was also suggested that MonaVie’s drop-out rate amongst distributors in 2008 was around 70%.
In Defence Of The Plan
Although it has been called complicated, MonaVie’s compensation plan is actually relatively simple to understand, compared to many other plans. By reading articles like this one, you are already taking steps towards understanding the plan, and therefore overcoming a major obstacle that many MonaVie sellers face every day.
Also, despite the figures suggesting it is very difficult to make serious money from the MonaVie compensation plan, the same statistics show that a small minority took home more than $3million in 2008, demonstrating that it is possible to make enormous returns if you utilize the opportunity correctly. The thing about the MonaVie compensation plan is, it is actually incredibly lucrative if you are able to regularly add people into your business. The structure of the binary plan makes it essential that you keep adding people to both legs in order to gain higher commissions and make more money. The figures simply show that not many people ARE making lots of money with the MonaVie compensation plan, not that people CAN’T make money with the plan. The truth about the plan is that it actually offers you an excellent opportunity, if you can only learn how to regularly add a lot of people into your downline. The key to this is being able to market and promote your business effectively, and learning how to let potential leads find you.
Making Money With MonaVie: A Review
So that is a bite-size break down of the MonaVie compensation plan. By making yourself aware of the 9 different ways in which you can earn commission, you are already one step closer to making your MonaVie business successful. You would never begin a new job without first finding out about the level of salary you expected to take home; similarly you should not venture into the MonaVie business without first being fully acquainted with the way they are going to compensate you.
MonaVie do offer an attractive compensation plan, and learning the facts about it is the first step towards you becoming a Black Diamond distributor.