Hello and welcome to my monat review.
You may be looking to make money with monat and want to know whether it is a scam or pyramid scheme?
So,in this review we are going to talk about monat in detail and whether you should join this company to make money or not.
Before diving into this review,I want to congratulate you for taking the time and reading this review.
Because 99% of the people join mlm companies like monat has no idea what they have to do and how much they can realistically make from them.
Let’s talk about it.
Before talking about Monat check out my #1 recommendation to make money online after reviewing 300+mlm companies.
What Is Monat Global!
Monat global is a multi level marketing hair care company that was founded in 2014.Owner of this company is Luis Urdanata along with his family.
Monat global is derived from two words.Modern nature,which is the source of this company for selling products.
Monat was the part of a mother company called Alcora corporation which was focused on beauty products.
Now,monat claims are very big.They say that their products are the only solution for the hair loss.
In my opinion their all claims are too good to be true.Now every mlm has controversies and lawsuits against them.
Same goes with monat.Monat global is included in lots of controversies due to the fact of unwanted effect.
If you want to check out the lawsuits,click here’
Is Monat A Pyramid Scheme?
Now here is the thing,Whenever people hear about mlm,they automatically associate it with pyramid schemes.But it is not the reality.It is just a myth.
Most of the time people falling for these kinds of mlms are referred by their relatives.
Means either by their friends or family.
The main part is because you have to recruit people under you for making money in companies like monat.
Ever listened to a famous quote?Money is in the downline.
That is it!
But monat is not a pyramid scheme as you are selling hair products to people.
Yes,there is also a fact that you need to recruit people under you to make money.
So,if you join monat,it will take you years to build a sustainable income.
For making money you have to recruit people,Simple is that.And the person who is up, is making more money as compared to others in the lower downline.
So,most of the people making money with monat global are working for them for years and have a very large downline.
It is very important for you to know whether monat is a pyramid scheme or not.Because pyramid schemes are illgal in the USA and most of the times they are headed by scammers.
I have reviewed hundreds of mlm companies that sells beauty products and from them you can make money too,such as beautycounter,bellame,youngevity,oriflame and it works.
Failure Ratio Is High!
Success is rare in monat global.
Although I liked their compensation plan,because it is generous as compared to all other mlm schemes.
But it is not enough for people to build a sustainable income with mlms nowadays.
Monat global is no different from other kinds of mlm.
Basically top tier people make lots of money with mlms,upto about $20,000/month with these kinds of mlm.
And their downline makes way less then them,Or even lose this money.
The fact is that people in downline makes way less money as compared to the upper ones.And guess what,they do all the hard work.
If you want to know about their income disclosure,please go here.
So,with monat global,each member of it needs to sell 200 products of monat global in order to gain a whopping 7% commission.
It is simple,the more products you sell,the more money you will make.
They also have levels and you can buy their products each month to higher your levels.But here is the catch.
More products you purchase from monat global,more they will get expensive each month.
Yes,you read it right.
Let me tell you one more thing,with the real bad reputation of monat global on the internet,you will find it really difficult to sell their products.
Most of the people that enroll in monat global end up losing their money because their products are hard to sell.
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Here is the good news for you.
Joining mlms like monat global will not cost you as much money as to start a brick and mortar business.
But here is the point,the success ratio with brick and mortar is almost 99%.Hope you got my point.
Now let’s breakdown their membership level..
Starter Product Pack!
It will cost you $99.In the starter pack they have categorized sample products for you.
Along with this they will also provide you roadmaps on how to get success with monat global.
You will get brochures and a workbook to guide you in this.
This is a one time fee and you do not have to pay anything other than this.
Another thing is that I would say to stick with this plan if you are in budget.
This will be perfect for you.Also if you want to stick with this mlm company than their annual activation fees is $49.
Business Product Pack!
This is priced at $299,In this you will get some heavy products.
These products include shampoo,oils and conditioners.
If you want to buy it at a retail price,it will then cost you $499.
This means that you can make 40% on sales.
Here is another thing that I disliked about this mlm company is that apart from this $299,you still have to pay them $99 for the starter fee and annual fee $49.
Overachiever Product Pack!
It is a very expensive product and will cost you $649 one time.
This comes with 100 product samples and brochures.Retail price is not as expensive as compared to this,but it is still $1299.
Yes,don’t forget no matter what kind of product you bought,you still have to give them $99 for the starter package and $49 for the annual one.
If you want to read monat global plan in detail then go here to read the full details.
Monat Global Compensation Plan!
One thing that is very famous about MLM is that they are very complicated.People do not understand their compensation plan.
If you want to read compensation plan of monat global then go here.Here is another video if you want to understand their compensation plan.
https://www.youtube.com/watch?v=mrhut-a9WLM&feature=youtu.be
Or else I am summarizing it here..
There are several ways to earn money with monat global.
1 – Fast Start Bonus – Bonus that you are going to make in your starting period.
2 – VIP Customer Sales – In this you will make 15% commission by promoting products to VIP members.
3 – Retail Customer Sales – 30% commission will be given to you on every retail sale.COOL?
4 – Referral Bonus – $2 bonus will be given to you on every friend you effe to this mlm.
5 – Level Advancement Bonus – This is for the higher level members that have too much ecuit memes unde them.
6 – Builder Bonus – You will make $150-$300 every month on sale.
As the compensation plan shows that there are a lot of ways from which you can make money with monat global but let me tell you one thing.
Due to all the bad reviews of monat global on internet and lawsuits against it,people are losing their money in monat global.
With all those bad reviews of monat global,it is almost very hard for people to get sales with monat global.
But like all mlm,the only way for you to make money with monat global is to recruit people under you.
Monat Global Products
They offer a wide range of products.
The price of these products ranges from $22 to $99.
Their main product name is Regenerative oil intensive which will cost you $99.
The second best selling product is Renew shampoo and it will cost you $35.
Considering the quality of these products,I think that it is a bit expensive as well.
If you want detail overview of their compensation plan than go here.
Now let’s talk about the cons and pros of monat.
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There are lots of things to be liked in Monat global and I really appreciate the efforts of the owners of the company.
Let’s talk about it..
Good Compensation plan!
As I said that compensation plans of most of the mlms are very complicated,but not in this case.
They make it complicated to understand,most of the time you make money but do not come to know how.
I mean people still wonder where these sales came from and what is the commission structure of this mlm.
But not in monat global,they make their compensation plan very easy to understand.
They did a great job in structuring this compensation plan.
It is very straightforward,easy to understand and the most important thing,it is added with lots of cool stuff like bonuses,commission systems and residual incomes.
Pretty cool!
Successful Launch
Monat global is a successful mlm and its popularity is increasing day by day.When it was first launched it’s success grew at a really fast pace.
Yes it was a pretty successful mlm company before the complaints of this company started to increase day by day.
At the moment of me writing this review,the company has got some really bad reputation.
Training And Support
Their training is very supportive.The training they provide is valuable.
I really liked their support system.They actually provide training and materials to help their members along the way to succeed with them.
Like all oddther mlms like itworks,primerica,tranont and amare global they do not leave their members in the middle of dark streets.
I really appreciate their support system and the training they are giving to people.
But remember,you will have access to their training and all other material after purchasing the starter pack.
Things I Did Not Liked About Monat Global
Although there are lots of things that I disliked about this company.As I talked about pros,let’s dive into it’s cons.
Quality Of Products
Before writing this review,I read lots of complaints about this mlm.
I think that their products are of low quality,because that can be the only reason for lots of complaints.
They have products which are safe to use but some people are complaining that instead of using it for hair nurturing,they end up losing their hair.
So,the quality of the products are very poor.
Complaints
I read lots of complaints about monat global on different platforms.
The company pace was very fast at the start.It was growing day by day.
But the reputation of the company was hit really hard by the customer’s complaint.
Now,at the moment of me writing this review,this company has a very bad reputation on the internet and the members join this find it really hard to sell its products.
Why?Because there are so many negative reviews about monat global on the internet.
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:
Is Monat Global A Scam?
No,monat global is not a scam,it is legit mlm company which gives everyday people an opportunity to make money while selling it’s products.But I do not recommend you to join this mlm company.
I have a question for you,why join mlm companies when there are many long term,scalable and sustainable business models out there?
With mlms you are going nowhere.It is not a long term business model.If you want to make few bucks here and there,then you can go with it.But if you want to build a long term business,then it is not the way.
Not fond of mlms,been there done that.
After reviewing 300+ mlm companies,I think that it is the worst business to start in 2020 and moving forward.
Multi level marketing companies like Monat are destined for failures,Mlm = Waste of money and time!
Here is a better business model,lead generation.In this,you have to generate leads for small business owners.And when they will make money,you will also make money.
Let’s say that you have generated a lead for a dentist and he closed it and made $1000 on that single lead,he will be more then happy to pay you $100 on that lead.
Now,if you can bring him 100 leads per day,that’s $30k/month for you.Simple,repeatable,proven and legit business model.
If you want to watch the exact training that helped 6000+ people to build passive income online,then click the link below.
That’s it for today’s review.
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