Today we will be reviewing a company called E Excel. Is E Excel a scam? Find out in this E Excel MLM review.
I’m sure the idea of being able to own your own business is what drew you to this company. That said, I’m certain that’s what the hunbot that contacted you promised.
You’ve come to learn more about this MLM because you have some reservations, and your previous encounter left you with a lot of unanswered concerns.
There’s no need to be concerned since this E Excel MLM review was created especially for that purpose. You’ll not only learn more about the business, but I’ll also educate you about multi-level marketing.
If this is your first visit to this website, I recommend reading the other reviews first to get a sense of what to expect.
Remember that MLMs have perfected the art of manipulating people by knowing precisely what to say. They are experts in the field.
Also, you can make money in an MLM. It is just not as much money as had been promised.
Before we go further in this E Excel 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 E Excel in any way.
Hopefully this E Excel MLM review can help you decide whether you want to sign up for the company or not.
Before we proceed with the E Excel MLM review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies. Click the link below to learn more.
What is E Excel?
E Excel is a multi-level marketing company in the health and wellness niche. The company was founded by Dr. Jau-Fei Chen in 1987. Dr. Chen has been working as an immunologist for years, and has also dedicated her life to cancer research.
She has discovered the link between the human immune system and plant-based nutrition. For her numerous contributions to the advancement of human health studies, she has received many awards and accolades.
E Excel’s products range from nutritional supplements, skincare products, and wellness products.
The company has launched the Jau Fei Chen E Excel Scholarship and Research Fund in order to help deserving people with their school fees and expenses.
E Excel is currently based in Utah, United States.
How Do MLMs Work?
Welcome to the MLM discussion area of the website. In this part, we take a break from discussing about E Excel to discuss the commonalities across MLMs, the methods they use, and how they lie to obtain what they want.
Let’s start with how I presently feel about multi-level marketing. I believe that these businesses are the worst, and that it is much better to burn your money than to join an MLM. As you read this part, you will understand why I believe this way.
One thing that irritates me about MLMs is that they constantly present their opportunity as a real career. You may also discover job postings on social media, which might be a trap, particularly if the offer is one you truly want.
This is why you should be able to distinguish legitimate job opportunities from MLMs.
MLMs are also notorious for lying about how much money their members make. They urge its members to purchase high-end items in order to project a wealthy, successful existence.
Some MLMs even hold conferences to meet their members and honor those who have progressed to the top levels.
To be honest, the ranking system is a complete sham. I’m sure some of the individuals in there put in a lot of effort to get to where they are, but you can practically buy your way up the “corporate ladder”.
What’s preventing members from purchasing the goods themselves? Being promoted is dependent on how many products are purchased. Why wouldn’t it be based on the number of goods sold instead?
It is very simple to rise up the ranks of an MLM if you have additional cash on hand. Simply keep purchasing items until you get the desired level. It’s a never-ending loop of foolishness.
Is E Excel a Pyramid Scheme?
Since E Excel members earn money both by selling services and recruiting new members, then it is safe to say that E Excel is not a pyramid scheme.
However, since E Excel 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 E Excel look like a pyramid scheme in disguise, doesn’t it?
Like American Dream Nutrition, Aquasource, and ASEA, E Excel is not a pyramid scheme.
Is E Excel a Scam?
No, E Excel is not a scam.
However, if you think this is enough for you to jump in E Excel’s so-called opportunity straight away, then I suggest that you hold your horses. This is just the most basic thing, so don’t go signing up for this company right away.
Before making your decision, I suggest that you do a thorough research on the MLM first.
If you want to make money online, check out this logical business model that helped 6000+ people.
How to Make Money from E Excel
Since E Excel is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
You’ve come to the right place since I’m sure the hunbot that messaged you didn’t bother to properly explain these methods. When it comes to rewarding their “best achievers,” MLMs are very generous.
The process of selling is straightforward. You will get discounted products as an MLM member.
After that, you may sell at the retail price set by the company. Finding customers, on the other hand, is a whole other matter.
Recruiting is the process of finding new members for your team. MLMs advertise it because of the continuous cash flow it will provide.
Basically, you are paid a commission for every sale made by a member of your team. The more people you have on your team, the more money you’ll be able to 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.
How to Join E Excel
To join E Excel, you are required to fill out an application form and purchase a starter kit.
The options for the starter kits are:
- 1K Kit Options
- $330 – $350 Kit Options
- $200 Kit Options
You are also free to choose the products you want instead of purchasing a standardized kit.
How Much Can You Make?
E Excel’s income disclosure statement is available for viewing online through this link.
It turns out that majority of people in this company (60.26%, to be exact), earned an average of $309.77 for that year.
Well, that is disappointing, but not surprising. This is an MLM, after all.
Those at the bottom do not make money, while those at the very top enjoy all the earnings from these people’s efforts. Not so different from the corporate businesses they antagonize.
That is not livable wage. I am sure that $309.77 for a year is not even enough to pay a week’s worth of rent.
I suggest that you do not join this company.
Things I Like in E Excel
Established Company
E Excel has been in business for more than ten years, having first opened its doors in 1987. Most MLMs do not even survive three years on average, so this is a significant achievement.
Even though the business is up against stiff competition in the health and wellness industry, it continues to be profitable. This may be due to a devoted client base.
Multi-Awarded Owner
The owner of E Excel is well-regarded in the scientific community, meaning that they have a good reputation. This is actually uncommon in MLMs.
Most MLM owners I have encountered have pretty shady backgrounds, so I am happy that I encountered someone like Dr. Chen.
Things I Dislike in E Excel
Recruit, Recruit, Recruit
The primary method of making money here is by recruiting new members. However, that should not stop there, right? You need to train these people to sell the products, too.
It takes a lot of expertise to be able to sell goods. Members will suffer if they are not adequately taught.
It’s no surprise that most MLMs don’t actually teach their members in selling, which explains why they do not do well.
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.
If you want to make money online, check out this logical business model that helped 6000+ people.
E Excel Compensation Plan
You can view and access E Excel’s compensation plan using this link.
The ways to make money in E Excel are as follows:
-
Distributor Developmental Bonus. This bonus is equivalent to 5% of the distributor’s Personal Commission Volume of the first qualified level 1 member they recruit, and another 5% PCV for the first qualified level 2 they recruit.
-
Qualified Master Bonus. Only those who have reached the Master rank and above can receive this bonus. The commission is 10% of the Personal Group Commission Volume of said member.
-
Master Leadership Bonus. This is only available for those in the Master rank and above. Bonuses are available depending on the rank level of their team’s members, ranging from 2% to 10%.
The affiliate ranks you can qualify for are as follows:
- Distributor
- Master
- Silver Master
- Gold Master
- Pearl Master
- Jade Master
- Diamond Master
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 – E Excel
Before I end this E Excel MLM review, I would like to share a few more insights that could help you.
In this review, I hope I was able to address all of your questions regarding the business. Let me leave you with a few more tips.
Regardless of how many positive aspects there are to this business, keep in mind that it is still an MLM. I’m sure you’re aware that MLMs have a reputation for lying to their customers.
If they aren’t pushing individuals to enroll, why would you run across a hunbot from their company? The fact that this business has a recruitment component implies that, no matter how much they deny it, they is still an MLM.
There are many better ways to make money than working for this company. Trust me, it’s not worth your time and effort.
In the next part, you will discover about a better opportunity.
That’s it for my E Excel MLM review. Hopefully this E Excel MLM review helps with your decision.
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