Hello and welcome to my BioReigns Review.
Mlms are getting tough day by day.Because every other day there seems to be a new mlm launching which is making this market even saturated.But now some business owners seem to be pretty smart.
They do their own research and then launch products in the least competitive niche.
One of the least competitive mlm niche is CBD oil.
I have reviewed several CBD oil mlm companies before Bioreigns like Kannaway,emris international,young living,Ctfo and Hemp Worx.
They all are mlm giants in the United States Of America which sells CBD related products.
First thing first I want to congratulate you for coming here and reading this review.
Next thing,I want to clear that by any means I am not associated with Bioreigns and will not try to pitch it to you in this article.
Which means that this article will be completely unbiased.
Let’s dive into this review…
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What Is BioReigns?
Bioreigns is a multi level marketing company.
This is a very new mlm company as compared to other cbd mlm companies.
Bioreigns was launched in september 2019,this means that company is in the scene for less than a year.
The strange thing is that their website was launched way before that in March 2018.
On their website nowhere is mentioned who is the owner or founder of this mlm company.But after spending some time I came to know that two guys behind this company are Bryan Reed and Jojo Dominic Contino.
These guys are totally new to the scene,usually whenever a new mlm company launches some of the well experience or top earners for some mlm company launches them.
Because they have an audience to promote their newly launched mlm company and have a trust factor in the industry already.
Don’t get me wrong.
Having new faces and launching mlms does not mean that their company is useless and people can not make money from it.
Is Bioreigns A Pyramid Scheme?
BioReign is not a pyramid scheme but it is a pyramid scheme in disguise.
Most people who make money from bioreigns is by recruiting others.
What this means is that it is very close to a ponzi scheme.
I have reviewed ponzi scheme last day called prosperity of life.
So,why it is very close to be called a ponzi scheme?And by the way if you do not know pyramid schemes and ponzi schemes are illegal in most of the countries including USA and UK.
I remembered that I reviewed a pyramid scheme called ACN in which people were investing $200 in their starter kits.
Hundreds and thousands of people enrolled in that so called mlm company and after this FTC banned them.
Why?Because it was a pyramid scheme.
Every person making money from that company is just recruitng others.
But do not worry,Bioreigns is not a pyramid scheme and this means that you can join and trust these guys.
Now,I have watched some webinars in which they give their partners or distributors training on how to promote them.And how much their successful students are making which is actually a good step in my opinion.
As I said this is not a sales article so I will not give my link to the company.But here is one thing you should notice.
There are many reviews on youtube in which people are just praising BioReigns.
I have watched 6,7 videos on youtube and none of them is unbiased.
These all are sales video and purpose of these videos is only to sell you this company and make money by recruiting you into the company.
PRICE TO GET STARTED WITH BIOREIGNS = $50 – $599
FAILURE RATIO IN BIOREIGNS
Let’s talk about technical things.
How much are the chances that you can eventually make money from Bio reigns after enrolling in them?
That’s a very big question and in most multi level marketing companies owners try to not provide us with income disclosure.
This is because almost 99% people lose their money after joining these companies.
Not with bioreigns.They provide us with their income disclosure with complete honesty.
So,according to their income disclosure average distributor of bioreigns earns $500 to $2000 annually.
This means that average monthly income of their distributor is $42 to $167.
This is just a guess,but according to company income disclosure they do not guarantee any income or results.
It is totally up to your efforts and hard work,which is totally fair in my point of view.
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Bioreigns Product Line
Now,good thing about this CBD mlm as compare to all other MLM companies I reviewed on this website is that they offers wide range of products.
Moreover these products are manufactured in USA.Which is a big deal because this is the first company I am reviewing whose products and farms are in USA.
Here are some of the products that they offer.
CDB Daily – This is their most popular product and contains 30ml.It is for $69.99 and a water soluble hemp product.
CBD FULL SPECTRUM – This is just an extra large version of cbd daily and the price of this product is $89.99.
Limitless – These are the 60 capsules which they sell for $70.
CBD LEAN – This is a 30mlm bottle which they are selling for $89.99.This helps you to burn calories and maximize your body natural ability.
PET TINCTURE – This is for $89.99 and as clear from the name,it is for your pets.
RELIEF CREAM – A pain relief which they are selling for $49.99 and it contains 50ml.
RELIEF LOTION – It includes essential oils.I tried to find it’s price but it is mentioned nowhere.But it’s reviews said that it is actually useful and compatible with other CBD products.
So,now I will try my best to let you understand my point of view about these products.
For example there are two headphones.
One you can buy from Amazon.com for just $20 with high quality sound.
Now the second headphone is of your friend and he is trying to sell you for $100 with low audio quality and without any brand logo.
No clue which company made that and whether it is reliable or not.
Same goes with these CBD products.
Why people are going to buy these CBD extremely expensive from you as they can buy these 5x less from brands like Amazon.Makes sense..?
If you search for CBD on Amazon,there are thousands of CBD products and for only $5 or $10 with high quality and high quantity.
Productions
Usually CBD companies are very open and do not hesitate to tell us about their extraction process and their hemp supply,but I do not know why Bioreigns are hiding this from us.
But no matter they are manufactured in USA which means they are 100% quality products,Because in USA it is totally FDA responsibility to make sure that CBD products are safe to use.
3rd Party Reviews
Now,Bioreigns claims that their reviews are tested by big USA company called EVIO Lab.
I remember that I also reviewed another multi level marketing company called CTFO which products are also tested by EVIO lab.
But as always they are not a government institute in USA Hemp niche,so we can’t always trust it.Don’t get me wrong.
Let me explain it a bit.
I have reviewed 300+ mlm companies and during this I came to know something really upsetting.
The surprising fact is that mlm companies owners also buy paid reviews from big companies to build their authority and brand(;
Do these products Work?
Before writing this review I have read reviews about Bioreigns on different sites like trust pilot,BBB and quota.There were mixed reviews.
Some people were saying that these products are crap and they regret that they invested in it.
Others were saying that these products work like magic.
These products helped them positively.
Now,here are the things I want to mention before you believe any of these reviews.
The positive reviews can be by the people who are their distributors which means that if you buy Bioreings through them,they will make money.
And if they make money by giving reviews,their reviews will never be biased.
As,I said bioreigns reviews are everywhere,on YouTube there are hundreds of positive reviews but none of them are unbiased.
The main point I am stressing here is that the best way to get answers to this question is to buy them personal.And then check whether these products work for you or not.
So,this is a general aspect,let’s talk about the company’s point of view.
Well,according to Bioreigns their products are best in the market.
Every single mlm I reviewed claim that.But as per FDA,these products are not approved and their is no guarantee that they can work for you(;
Bioreigns is not verified by FDA,here is Bioreigns CBD promotional video describing their products.
How To Make Money In Bioreigns?
Like any other mlm in this world,there are two traditional ways for you to make money from bio reigns.
1 – Sell its product to normal day people and make retail commissions on it.
2 – Recruit people under you and make residual commissions on it.
Now,here is one thing I want to mention here before going to this topic”how to get started with this mlm company”.
Bioreigns have a chain kind of structure.
What this means is that most people will try to recruit people in order to make money rather to sell them physical products.
Now,let’s talk about you.
There are 75% chances that if you Join bioregions,you have to recruit people.As we are normal day people,not a marketer or have a big network.
So,Who are the people we can potentially sell our products?
You are right,our friends and relatives.
If you are new to mlm concept this means that you also do not know what is selling.Of course,you are not a salesperson and just a regular person trying to make money from mlm.
So,there is 99% chance that you will end up losing friends and relatives.
Because sometimes mlm distributors try to sell products to their relatives too hard and end up relationship with them.
Or sometimes their friend or family member regret for believing in them):
How to get started with Bioreigns?
That’s why I was saying that bioreigns is very close to being a pyramid or ponzi scheme.
Now,in a ponzi scheme you will be only allowed to promote a company’s membership when you will enroll with the company.
Indirectly means that invest money in it to make money.
Same with Bioreings,you will not be able to promote its products without enrolling in it.
Their must to buy product is called enrollee activation and this will cost you $50.
One thing that you should notice here is that your earning potential would have a direct impact on the money you will make inside bioreigns.
These are the five products in Bioreings..
- Enrollee Activation – This is going to cost you fifty bucks and this is a must to purchase product for everyone who wants to make money from Bioreigns
- Distribution Activation – This is or $109
- Sample Activation – $129
- Manager Activation – $250
- Elite Activation – $600
More expensive products you are going to purchase,the more money you are going to make.
Another thing I want to notice here is that there are other CBD companies which I reviewed like young living,CTFO,Kannaway and many others
All of them have products and starter kit like Bioreigns but their other products are cheap too.
The most expensive product I remember is of CTFO which is for $299.
When it comes to competition,bioreigns is losing here..But the good thing about it is that,the more expensive the product,the more money you can potentially make.
Ever heard a word Ponzi Scheme?
Bioreigns Compensation Plan
Like all other mlm,bioreigns compensation plan is similar.But in this post I will go over very important parts.
Retail Commissions
Retail commissions means selling company’s product and making money on it.
This is very straight forward,sell Bioreigns product and make commissions on that specific product.
They are giving commissions 25% to 50% depending on what rank you are in.
Let’s say that you are in their basic membership,Enrollee activation,then you will make roughly $17 on it’s sale.
Good thing,there is no CBD mlm I reviewed previously that is giving it’s distributors commissions upto 25% to 50%.
Residual Commission
This commission is the one which you will make when your recruits sell products.
This goes upto 10 levels in bioreigns…
Residual Binary Commission
It is very similar to the right leg,left leg concept but in this you will make money vertically.
This means that you are going to make money on first recruits recruit and then third recruits
recruit.
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 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.
- Remaining 26% that actually make money,53% of them make less than $5000/year.
- 39% among 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 mlm,because 50% of all mlms participants quit within one year.
- 75% people that join mlms say that they will never ever join any kind of mlm.
- A poll was conducted in 2018 among 1050 mlms distributors and it was found that most of them makes 70 cents an hour and 20% of them did not make a sale.60% of them makes less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their mlms involvements.
SOURCE:
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Things I Like In Bioreigns
There are not many things to mention here,but one thing that I liked about Bioreigns is it’s commission percentage.
As I told you during the review that it is best when it comes to giving commissions to their distributors in CBD niche
Things I Disliked In Bioreigns
There are many things that I disliked in Bioreigns which are as below.
Low Income Potential
Before starting any business what one should consider?
What is your future with the business and its potential.
Unfortunately,bioreigns do not have the ability to give you a better life or business worth spending time will explain it later but first talk about earning potential according to their income disclosure.
There is 99.99% chances that you can make between $500 and $2000 yearly.
If you do all the math this will be $40 to $167(at best) monthly.
Claims
Now,this problem is generally with all CBD mlms nowadays.
BioReigns claims that their products are best in USA market at the moment.So does all other Cbd companies claim this.
These are just unfounded claims and there is no backup of their statement.
Moreover FDA has now some strict rules about products and their effectiveness.
Trading Time With Money
Generally on my blog,I do not recommend people to go with mlms and the biggest reason behind it is that multi level marketing business is not passive.
You are still trading time with money.
For example if you do not sell products or tired recruiting friends then money will stop coming.
I like a quote by Warren Buffet,’If you do not found a way to make money in your sleep then work till your last breath.”
This is not some kind of business where you have to work once and start generating money after that for life.
I like and recommend people businesses which give them passive income.
The businesses where you have to work once and they will generate money for you till you are alive.
Google Trend
Final nail in the coffin found in google trends.
Bioreigns google trend seems to be going down consistently day by day.
This means that it is not a long term business model.And stats claims that 2 out of 10 mlm companies remain alive more than 5 years.
Is Bioreigns A Scam
No,Bioreigns is not a scam and it is a legit mlm company which focuses on selling CBD products.
But I do not want to recommend it to my readers because it is not a long term,sustainable and scalable business.
MLM stands for waste of money and time.And to be really honest with you I hate selling products to my family and friends.
The last point I want you to understand is why someone is going to buy from you when they can easily buy the same product from brands like Amazon which do not lack credibility like you.
And the best part is that their products are 5x cheaper as compared to bioreigns products.
I want you to start a scalable,sustainable and long term business,and for this I highly recommend you to go with my #1 recommendation.
That’s it for today’s Bioreigns review.
Before leaving checkout my #1 recommendation to make money online after reviewing 300+ mlm companies.