Today we will be reviewing a company called Globallee. Is Globallee a scam? Find out in this Globallee review.
Are you someone who is into fitness? If you are, then even you haven’t heard of Globallee before. After all, they are a pretty obscure company. I guess the reason why you are here today is because someone told you about Globallee, someone who is definitely a hunbot who works for the company.
I wouldn’t be surprised that a hunbot reached out to you, to be honest. After all, I am sure that you are in social media for other reasons. That aside, you shouldn’t take what the hunbot said to you in face value, as it is all just a script that they copy and paste to send to many people at once anyway. That’s their business tactic, basically.
You are probably thinking that a hunbot’s work is easy, which is why you are researching the company. I’ll reveal to you right now that it is far from easy. After all, they don’t really get compensated for the work they do. If you think that sounds bad, then I suggest you continue reading this Globallee review.
Before we go further in this Globallee 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 Globallee in any way.
Hopefully this Globallee review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Globallee review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
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Globallee is a multi-level marketing company in the health and wellness niche. Their products come in different forms, including drink mixes, capsules, and creams.
The company is pretty new as it was only launched on 2019. The founders are Mark McKnight, Nauder Khazan, and Lamia Bettaieb. Globallee’s goal is to promote a healthy and fit lifestyle, with the help of the health and wellness products they are selling.
This video can help you learn more about Globallee.
How Do MLMs Work?
Welcome to the section where we can freely talk about MLMs in general. I will reiterate right now what my stance on MLMs is: they are the worst. I suggest that you do not join one in order to save yourself from further financial trouble.
Today, let us talk about MLMs and why they are always being compared to cults.
Let’s start at the very beginning. MLMs want you to recruit people in the business. They want you to influence your friends and family into believing in the companies products and values. Do you see the pattern now?
Basically, they want you to depend on them as much as possible. They want you to believe in everything they say, and they respond to criticism with fallacies instead of proper answers.
Second, they want to control how to spend your money. Just look at how they want you to follow monthly quotas. I mean, even if you are running your very own small business, then I guess you will want to set a quota. But in an MLM, if you cannot follow the quota, you would have to buy products for ‘personal use’.
However, in order to keep up financially, you would have to sell those products you bought eventually, right? The problem is MLM products are usually overpriced, worse counterparts of products that are already available in the market. People know what they want, so they will definitely not consider buying from you.
Third, MLMs want you to drop everything and just rely on them for your career and finances. That would be wonderful if the business model isn’t this unsustainable. However, just look at what they do. That wouldn’t last you five years, trust me.
Is Globallee a Pyramid Scheme?
Since Globallee members earn money both by selling services and recruiting new members, then it is safe to say that Globallee is not a pyramid scheme.
However, since Globallee 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 Globallee look like a pyramid scheme in disguise, doesn’t it?
Like Truvy, Liv International, and LurraLife, Globallee is not a pyramid scheme.
Is Globallee a Scam?
No, Globallee is not a scam.
However, if you think this is enough for you to jump in Globallee’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. You can consult some of the sources I listed below. Take note that you can definitely consult any source you want to, but the sources I listed below are the best kinds to consult, for various reasons listed.
What Sources Should You Look For?
There are three kinds of sources that you can consult when it comes to researching MLMs. There are other kinds of sources, but I believe that these three sources will be of the most help to you.
It isn’t really that hard to look for sources, as long as you know what exactly you want to look at. When it comes to research, you would want an in-depth source. Third-party reviews, like this Globallee review, are the best source that could help you when researching MLMs because they talk about the MLMs in detail. From the origin of the company, to information about getting paid, third-party reviews have it all.
If you want to know if there are online communities that talk about MLMs, then you are in luck, as there are quite a lot of them. Some groups have thousands of active members who post everyday. These forum members are more than willing to help you out if you have any questions or inquiries. Some of them even have experience working with and for MLMs before.
Speaking of past work experience, there is another source that could clearly explain that for you: testimonies. There are quite a lot of testimonies in media sharing sites. These are mostly from people who have quit MLMs and want to share their experiences in order to warn others not to join an MLM.
How to Make Money from Globallee
Since Globallee is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
If you want to know if there is a chance for you to earn money in Globallee, then let me answer that right now: there is. MLMs like this may be scummy, but they present quite a lot of bonuses and benefits which you can qualify for, if you think you have what it takes.
You need to recruit people in order to maximize your earning potential in an MLM. If you are thinking that you can a lot of money just by selling alone, then I suggest you turn your back to this opportunity right now. Yes, you get paid commissions from selling products, but it is hard to find customers willing to make repeat purchases.
The success being promised by Globallee can only be accomplished by those with people skills who can recruit people regularly and persuade those people to keep ordering products.
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.
Globallee Products
Globallee sells the following products:
- TAKA (multivitamins)
- Intermittent Fasting Pack
- BeneTrim (for mood and mental health)
- BODY STRONG PACK (for a better immune system)
- IAccel (for strong body)
- ETERNO (anti-aging)
- ETERNITY (progesterone)
How Much Can You Make?
Globallee does not publish an income disclosure statement. Looks like we encounter another MLM that does not want to reveal to everyone how much their members really make. Not surprising, as it is quite rare to find an MLM brave enough to show the world how little their members earn.
I guess we can do some speculating to get to the bottom of this. In Globallee’s case, they are a pretty new company. I guess I can understand why they have not published one yet. However, for other companies who have been in the business for many years, there is no more excuse for it, right?
The main reason why MLMs choose to hide is information is because it would reveal just how much they lied to people about this “great opportunity to make money”. The data never lies. Once they show how little people really earn, of course potential members would walk away immediately.
Things I Like in Globallee
Globallee may be pretty new, but I don’t really see anything positive about them at the moment. They make no effort to stand out. I guess I should just focus on the negatives right now.
Things I Dislike in Globallee
Expensive Products
If you are curious as to why I said this, then I suggest referring to their online store to find out how much their products actually cost. Looking at the way their pricing is, I guess I am not surprised. Their products are being sold for premium prices even though they are pretty mediocre.
I guess Globallee sees itself as the next big contender in the health and wellness niche, when in reality, all they are is a company pretending to be something that they are not. Their products are pretty much more expensive imitations of products being sold by more reputable companies.
Would you pay premium price for something like that? I know you won’t, so your customers won’t either.
Saturated Market
Globallee is another company in the health and wellness niche. If you are wondering why I said that, then I suggest you refer to my other health and wellness MLM reviews in the website. I have done quite a lot so I guess I could say that this niche is pretty profitable.
After all, why would MLMs choose to proliferate in this niche if they aren’t making money? The thing about a health and wellness is that they earn a lot of money from repeat purchases. As long as people continue consuming the product, of course they will continue buying it.
Globallee just doesn’t make an effort to stand out from all the tough competition, especially against the non-MLM ones. It’s just another business that people do not know exist.
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.
Globallee Compensation Plan
You can view and access Globallee’s compensation plan by clicking this link.
Here are the ways you can get paid in Globallee:
- Retail Commissions. For every product you sell, you earn a 20% commission.
- Recruitment Commissions. Every time you recruit someone new, you can earn a 5% to 20% bonus. This depends on their first sale and your rank.
- Residual Commissions. You can earn 3% to 5% bonus from the total amount of products that are sold by the members of your downline.
Here is a video that discusses that features a more in-depth discussion of the compensation plan:
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 – Globallee
Before I end this Globallee review, I would like to share a few more insights that could help you.
You may be at the end of the Globallee review now, but I have a few more things to share that could surely help you out, before you exit the window.
We have talked about the company a lot, but Globallee is not really an isolated case. There are quite a lot of other MLMs out there that operate the same way as Globallee does, and that in itself is a problem.
MLMs have been in the market for quite a long time, and the reason why that is the case is a pretty bad one. The world will never run out of gullible and desperate people who are willing to do what it takes to make money.
Those people are exactly the type that MLM companies manipulate. Ever wonder why most MLM members are single mothers, fresh graduates, and those who believe in anything you tell them? Well, there’s your reason. These are the type of people who are easily manipulate because they are in a vulnerable state.
These people are not at fault though. Blame MLMs for how they make money out of people who just want to survive and feed their families. That’s just how scummy they all are.
That’s it for my Globallee review. Hopefully this Globallee review helps with your decision.
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