Today we will be reviewing a company called Neora. Is Neora a pyramid scheme or scam? Find out in this Neora MLM review.
Have you heard of Neora before? Me neither, to be honest.
I haven’t heard of this company before until writing this review.
However, I have done my research so that I can bring you this review for Neora today.
Is this your first time hearing about them? I doubt it.
You are probably here because you have heard of Neora from a hunbot, or from a family member, friend, or old classmate you haven’t heard from in years.
Either way, you are here because they tried selling you some Neora products or they tried recruiting you.
As a disclaimer, I am not affiliated with Neora. I doubt that I ever will be.
You could have noticed that the way Neora’s business model works looks like a pyramid system, or simply put, it looks like a pyramid scheme.
In this Neora MLM review, I will be providing information about the company, its products, and how you can make money with it.
Hopefully this Neora MLM review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Neora MLM review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.>>>Free Training Reveals 3 Steps Formula To Build An Online Business That Generates $10k/month From Scratch <<<
What is Neora?
Neora is a multi-level marketing company that sells beauty products.
Their product line includes skincare products, anti-aging products, and wellness products. The company was founded by Jeff Olson in 2011.
Neora used to be known as Nerium International. They rebranded on January 2019.
The reason for this rebranding is because Neora has began selling products that didn’t focus on their core ingredient, nerium oleandrin.
The company is currently based in Texas, United States.
How Do MLMs Work?
MLMs often prey on the gullible. If you are not gullible, then surely you wouldn’t believe it when someone mentions an opportunity where you can work part-time but earn a full-time income.
Most of the time, these MLMs try to oversell their opportunities by branding their products as “unique”, “cannot be found elsewhere”, “all-natural”, “cure-all”, etc.
If you hear someone using more than two of those words to describe the products they sell, then you can bet that it is an MLM.
This is because they are the most vulnerable to exploitation because they want some extra income and an opportunity to continue being good mothers while having the chance to work and manage their own business.
Also, MLMs tend to oversell the idea of potential income by showing some “testimonies” from members.
Most of these testimonies include pictures of members with cars, a new house, a lot of cash, and taking luxury vacations.
Even though not all of these are false, you should bear in mind that you will be starting from the very bottom.
Most of the members in these testimonials have been working in the MLM company for a long time, and have already reached the high ranks.
If the company has been around for a long time, then the demand for the products would have waned, which will give you a hard time selling them.
Also, there are already a lot of people who are ranked higher than you, so good luck with that.
Try to research first before being joining an MLM. You will be surprised by how many things these MLMs lied about just to get your money.
Is Neora a Pyramid Scheme?
Since Neora members earn money both by selling services and recruiting new members, then it is safe to say that Neora is not a pyramid scheme.
If you want to rank up and succeed in your MLM venture, you have to recruit a lot of people. Recruiting is often emphasized more than selling.
If you think that it easy to recruit, then good luck to you. I suggest you find a better opportunity elsewhere.
Is Neora a Scam?
No, Neora is not a scam.
However, if you really want to join the company, then I suggest that you watch this video first.
I do not really like it when companies rebrand themselves.
More often than not, they have done so much to tarnish their reputation and saw rebranding as their only way out.
Do you want to be a part of a company that lies to people? I don’t think so.BONUS: Realistic Passive Income For Smart People(FREE Guide)>>
How to Make Money from Neora
Like other MLMs out there, there are only two primary ways to make money with Neora.
- Sell products
- Recruit members
Note that recruiting is more encouraged than selling. To be honest, you can earn more money from recruiting rather than selling products when it comes to MLMs.
Neora has three starter packs available.
The Skincare Essentials Pack costs $219, and includes the following products:
- Night Cream
- Day Cream
- Face Wash
The Holistic Value Pack costs $695, and includes the following products:
- 2 Age IQ Night Creams
- 2 Age IQ Day Creams
- 1 Age IQ Face Wash
- 1 Age IQ Eye Serum
- 2 Eye-V Hydrogel Patches
- 1 Firm Body Contour Cream
- 1 EHT Brain Formula
The Ultimate Holistic Value Pack costs $1,295, and includes the following products:
- 5 Age IQ Night Creams
- 4 Age IQ Day Creams
- 3 Age IQ Face Wash
- 3 Age IQ Eye Serums
- 2 IllumaBoosts
- 3 Eye-V Hydrogel Patches
- 1 Firm Body Contour Cream
- 1 EHT Brain Formula
Yeah, those starter kits are all expensive and promise you that you will save a lot of money.
This is what I do not understand, because why would I need to spend money in order to earn money?
Can’t I not start this for free and just buy products as I get orders?
I am sure that I am not the only one who thought of that idea. These MLMs probably did too.
Things I Like in Neora
Positive Product Reviews
I am quite surprised that there are a lot of positive product reviews for Neora. Here are some of them.
I think this means that their products actually work for some people.
Things I Dislike in Neora
Recruit, Recruit, Recruit
This is the bane of existence of all MLMs. This is the one aspect of MLMs that I cannot tolerate.
It is a pretty scummy move because no one really wants to sell overpriced skincare products.
You have to lie to them that these products are unique and special to get them to sign up.
Also, you will be leeching off their sales because you get paid more by recruiting than actually selling.
Basically, you make them work for you.
You need to eat your pride and beg people. If you are a fan of that, then by all means, go ahead.
Look at how ridiculous those prices are.
I do not even need to show you other products that are a lot cheaper because I am pretty sure that you already know that most products that do the same thing are cheaper than these.
I am not sure why these products are this expensive.
Do they do anything special? I doubt it.
Low Income Potential
Aside from this post being the only source I can find of Neora’s latest income disclosure statement, let’s try to dissect the measly piece of data that we got from this company.
According to their data, only 30.6% of all active members earned commissions.
69.4% did not earn anything at all. Take note that these are only the active ones.
To be able to maintain your active status, you have to meet a specific sales quota per month.
We already know that selling Neora’s products are a challenge since they are very overpriced. How could you expect to make any sales when your competitors’ (other brands) prices are lower than yours?
Moreover, the average cash earnings of those active members who earned commissions are at a measly $1,054 for that year.
Note that this is only the average amount. I doubt that anyone made more than a $100 selling Neora products.
To add insult to injury, I suggest you scroll back up for the prices of the starter kits.
You will hardly make your money back, basically.
Lots of Competition
I mentioned this before, and I should mention it again.
Look up how many skincare and wellness brands there are in the market. There are not only thousands, but millions. How would you keep up to that?
Neora has nothing new to offer to the market. Aside from that, their products are very overpriced.
Do you think people would buy from you when there are more reputable yet cheaper brands out there? I don’t think so.
Also, due to the bad reputation of MLMs, not everyone wants to buy from them. That is an added challenge to your already long list of challenges.BONUS: Realistic Passive Income For Smart People(FREE Guide)>>
Neora Compensation Plan
I cannot seem to find the proper document for Neora’s compensation plan, but I found this video. You can watch it to learn more about how to make money from the company.
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:BONUS: Realistic Passive Income For Smart People(FREE Guide)>>
Final Verdict – Neora
Before I end this Neora MLM Review, I have a few thoughts I would like to share.
If you want people to notice your brand, you have to stand out.
How would you do that? Well, by having products that are unique and cannot be found elsewhere. It would also help if you sell them at reasonable prices.
Well, Neora does none of that.
They can advertise their products as much as they want to, but even good advertising cannot help you when your products cost an arm and a leg.
Most people who use beauty products believe in practicality. In other words, beauty for less. I am one of those people.
You cannot convince me to buy a product from you that costs thrice more than a cheaper product from a brand that I trust. I am sure that applies to everyone else as well.
You can expect people to buy more expensive products only because they are more “premium”-sounding. Not all people are willing to part from their money easily.
Moreover, you cannot exactly peddle your products to the rich, because duh, they have their own brand preferences and luxury brands are already the ones entertaining them.
So, is there even a target market for Neora?
Well, there is. The best customers of Neora and the ones who buy their products are the members. And what happen to them?
They go deep in debt and regret their decision.
That’s it for my Neora MLM review. Hopefully this Neora MLM review helps with your decision.
I do not recommend MLMs. but if you want to make money online, you should check out my #1 recommendation to making money online after reviewing 300+ MLM companies.>>>Free Training Reveals 3 Steps Formula To Build An Online Business That Generates $10k/month From Scratch <<<