Today we will be reviewing a company called Alphay. Is Alphay a pyramid scheme or scam? Find out in this Alphay MLM review.
The reason why you are here today is because a hunbot brought you here, right? Well, I am not surprised, to be honest. MLMs have quite a lot of hunbots working for them with the same goal: to aggressively recruit people into signing up for the MLM they are working for.
You probably would not have heard of Alphay in your whole life if no one mentioned it to you. No surprise since this is an MLM after all, so they are pretty obscure. They do not really do any advertising, as that work is also being done by their hunbots for them.
If you think the reason why these hunbots are so persistent is because they are getting paid big bucks to do this, well, you are wrong. Very wrong. The truth is far from that.
I suggest you sit back, grab a bowl of popcorn, and relax as I will be spilling the tea in this Alphay MLM review today. You should read up until the end.
Before we go further in this Alphay MLM review, I will define two terms first: MLM and pyramid scheme.
MLM members make money by selling products and recruiting new members. In pyramid schemes, members could only make money by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not affiliated with Alphay in any way.
Hopefully this Alphay MLM review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Alphay MLM review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
What is Alphay?
Alphay is a multi-level marketing company who sells health products. Alphay is the world’s top researcher, grower, and supplier of the Lingzhi mushroom.
This company has spent over 50 years in researching and cultivating the Lingzhi mushroom, combining them with traditional Chinese medicine and modern nutritional science in order to produce products for health, beauty, and longevity.
You can watch this video below to learn more about Alphay.
https://youtu.be/0rDlHdiBZo4
Alphay is currently based in Canada.
How Do MLMs Work?
Welcome to the section where I talk about MLMs in general. For me, all MLMs are the same, no matter what products they sell. They are all scummy and want to get their grubby hands on your hard-earned money.
MLMs belong between legitimate businesses and pyramid schemes. However, what happens most of the time is they operate like pyramid schemes, from cult-like behavior to taking control over their members’ finances.
Today, we will be talking about why people refer to MLMs as cults.
What is the first thing that comes to your mind when you hear the term, MLM?
For me, I only think about two things: aggressive recruiting and financial failure.
MLMs require you to pay to sign up for them. The fee often comes with marketing materials and your initial inventory. What happens after this, you ask?
Well, you are going to be ‘trained’ to make sales and to recruit members. To be honest, I am not quite sure how they teach this, because all their members would be doing is spamming strangers in social media anyway. That aside, let’s move on to the important part – staying in the business.
You are required to meet sales quotas every month in order to keep selling. Yes, you heard that right. You need to keep buying in order to keep selling.
If you fail to meet the quota by sales, you will have to buy the products by yourself for ‘personal use’. If you are not willing to do this, then you will be dropped by the company. Bye-bye, investments. Bye-bye, ‘friends’.
See? That is how an MLM functions. They lure you in, but as soon as you are not useful to them anymore, they toss you out.
MLMs are a big waste of time and money, and have no place in modern society.
Is Alphay a Pyramid Scheme?
Since Alphay members earn money both by selling services and recruiting new members, then it is safe to say that Alphay is not a pyramid scheme.
However, since Alphay is still an MLM, do not expect to make money if you have no plans on recruiting people. Recruiting will earn you significantly more money than actual product selling, and is more encouraged.
This just makes Alphay look like a pyramid scheme in disguise, doesn’t it?
Like Revital U, Sunrider, and FM World, Alphay is not a pyramid scheme.
Is Alphay a Scam?
No, Alphay is not a scam.
However, you may want to think twice if you are already convinced that you should join Alphay with only that as your basis.
Before making a decision that you will definitely regret, I suggest that you look up reviews, like this Alphay MLM review you are reading right now. Make sure that the reviews you are reading are third-party sources that are in no way affiliated with the company you are researching.
Remember that most articles online about MLMs are published by the MLMs themselves, so be wary. Of course those articles will only share good things about the company.
You should also look for forums that talk about MLMs. There are a lot of active forums online with active members that you can interact with to gain valuable insight. As these forums are being visited everyday, you can be assured that you will only be getting fresh information from them.
Another valuable source of information are ex-member testimonies. These testimonies will give you feedback about how the MLMs operate from the inside. Since they have first-hand experience with working in MLMs, they will definitely help you see the truth about how MLMs work.
How to Make Money from Alphay
Since Alphay is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
You can also make money by qualifying for bonuses and benefits that Alphay offers. However, being able to qualify for those are easier said than done. It requires work and dedication.
Before you can receive these benefits, you will need an active downline. And believe me, Alphay is making this sound easier than it actually is. This is where recruiting comes into play. If you are thinking that recruiting is pretty simple, then that is where you are wrong.
This is the passive income that MLMs advertise. You will be earning commissions from your downline’s sales and their downline’s sales as well. In order to make a sustainable income, you will have to keep recruiting, and you have to make sure that the people under you will keep buying products. The more people you bring in Alphay, the more money you make.
Remember that the MLM business model is not sustainable, so as time goes by, you will run out of people to recruit.
MLMs do not really care about how many products you sell. What they care about is how many you buy and how many people you can bring in.
Alphay Products
Alphay sells products divided in the following categories:
- Advanced Cellular Support
- Natural Health Product
- Cafe Blends
- Lifestyle Products
- Product Combos
How Much Money Can You Make?
Alphay does not publish an income disclosure statement, so we have no way to know how much members actually make. However, if the reason why they do not publish one is because members make little to no money, then I am not surprised anymore.
For a company to remain credible, isn’t it common sense to be transparent? This just makes it look like the company is hiding something, and is pushing potential members away.
Things I Like in Alphay
I cannot really find any good things I could like in Alphay, to be honest. It just seems like a company that sells health products among millions that already do so. It doesn’t stand out.
Things I Dislike in Alphay
Expensive Products
People are not really open to spending their money on things they do not need. This is why people love finding alternatives to products they want to buy.
In Alphay’s case, they have a lot of competition that sells the same products for a cheaper price. Not to mention that their competition are not MLMs, too. We all know that not everyone is willing to support MLMs because of their negative reputation.
I do not get this, to be honest. Why would an already obscure company overprice their products when they know that they will drive potential customers away?
Simple. It’s because their members are the customers. This is why they set quotas and force them to buy products for ‘personal use’.
Lack of Information
This is one of the things that I want to clarify. I cannot even find information about how to join Alphay in their own website. Isn’t that one of the things that they are supposed to advertise as an MLM company?
I guess the only way to get into Alphay is by contacting them directly in their support page.
Very Niche Market
I do not really see people wanting to try out something that they never heard of before. Sure, it will appeal to some people who have extra money lying around and wanting to be spent to sate their curiosities. But once that curiosity factor is gone, these people will not make repeat purchases anymore. That is not good for an unsustainable business like this.
Products are Not FDA Approved
Yep, you read that right. Alphay products are not FDA-approved. That is definitely a factor that will affect your sales. Once your potential customer asks if your products are FDA-approved and you cannot answer, of course they will suspect the efficacy of said products.
People do their own research before buying products. Do not forget that everyone now has access to the internet, so they can easily look up facts with few presses on their smartphone.
If a product is not FDA-approved, there are chances that these products may have side effects. Side effects that may range from mild stuff to serious complications. You wouldn’t want any lawsuits your way, right?
Saturated Market
Aside from not being FDA-approved, this is another obstacle that you have to overcome if you want to sign up for Alphay. A lot of companies already sell health products, and most of them are readily available in malls, drugstores, and other places.
Since the company does not stand out whatsoever, it is easily forgettable and people will definitely go with brands they already trust.
It is an MLM
This is an MLM, so it means that a lot of people definitely failed in this venture. In fact, 99% of people who join MLMs fail to make money, and they do not even earn back their initial investment.
Alphay Compensation Plan
The ways to get paid with Alphay are as follows:
- Retail Profits. These are the commissions you earn from your own sales of Alphay products.
- Direct First Order Bonus. You can earn 15% commissions from every starter kit you sell.
- Placement Team Commission. To qualify for this, you need to have at least one Level 1 sponsored downline member.
- Unilevel Monthly Commissions. To qualify for this, you need to be at least Silver rank.
- Unilevel Matching Bonus. This is rewarded for growing your downline, however, you need to be at least Silver rank to qualify.
- Generation Bonus. You will be rewarded with this bonus if you can help your downline members reach Key Master rank.
- Rank Achievement Bonus. Once you are in Emerald rank, you can be qualified for this bonus.
If you want to learn more about this compensation plan, you can watch the video below.
https://www.youtube.com/watch?v=Hb7uhgpyQFw
10 Shocking MLM Statistics That You Need To Know!
- Almost 99% participants of all multi-level marketing companies lose money, according to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business than joining these MLMs.
- Success rate of an online business, which will give you financial and time freedom, is 20% more than joining MLMs for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from MLMs.
- According to the AARP foundation, 47% distributors of all MLMs lose their money. Apart from this, 27% do not make a single penny.
- In the remaining 26% that actually make money, 53% of them make less than $5000/year.
- 39% of those 53%, who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with MLMs, because 50% of all MLMs participants quit within one year.
- 75% people that joined MLMs say that they will never again join any kind of MLM.
- A poll was conducted in 2018 among 1050 MLM distributors and it was concluded that most of them made 70 cents an hour and 20% of them did not make a sale. 60% of them made less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their MLM involvements.
SOURCES:
Final Verdict – Alphay
Before I end this Alphay MLM review, I would like to share a few more insights that could help you.
I have reviewed a lot of MLMs in the past that sells health products, but I haven’t been across one that is not FDA-approved before. Sure, I have encountered MLMs that were sent warnings by the FDA for false claims about their products, but I never encountered one like this that isn’t really approved by them at all.
This does not sound good at all, especially since they sell health products. Of course, they claim that these products work, according to their own research. Would you really trust an MLM that isn’t approved by the FDA?
With their expensive products, I am not surprised that Alphay is pretty obscure. Not everyone is willing to spend so much money on stuff that they could get cheaper elsewhere, not to mention, from safer sources that are FDA-approved.
Are you willing to risk your reputation by joining Alphay? I do not recommend this at all. I suggest that you think it over again and again. Just remember that people’s lives are at stake here, and surely, human lives are worth more than the sale.
That’s it for my Alphay MLM review. Hopefully this Alphay MLM review helps with your decision.
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