Today we will be reviewing a company called NeVetica. Is NeVetica a scam? Find out in this NeVetica Review.
If that hunbot you talked to in social media did not present this company to you, then I am sure that you wouldn’t even hear of it. NeVetica is an MLM, meaning that they do not really do advertisements in the conventional manner.
Also, I am sure that you were also tempted by the so-called opportunity that was presented to you by that hunbot. Just imagine being your own boss, taking in charge of your own hours, going to vacations anytime you want, and finally having the time to work on your hobbies. Who would not want that?
Well, a lot of people had that dream, so they joined an MLM. They decided to trust a stranger’s word for it right away without thinking of researching the company they joined. These people have come to regret their rash decision.
People want to be free of the corporate lifestyle, which is why they want to pursue opportunities like these. Little do they know that MLMs are a lot more greedy than the ones they are so eager to leave behind.
Before we go further in this NeVetica 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 NeVetica in any way.
Hopefully this NeVetica review can help you decide whether you want to sign up for the company or not.
Before we proceed with the NeVetica review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
What is NeVetica?
NeVetica is a multi-level marketing company that sells pet products and pet supplements. They sell a variety of pet products, from nutrition products, hygiene products, and dental products.
They are quite a unique company, at least in the MLM industry. The only other MLM I could think of that sells products is Hungry Bark. I know of other MLMs that sells pet products, but they are not really focused on pet care, so they are not counted.
NeVetica was founded in 2016, so they are a fairly new company. The founder is Dr. Lance London. After spending some time online researching him, I wasn’t really able to find much about him. He claims that he is “a business mogul, restauranteur, educator, and entrepreneur” though.
You can learn more about the NeVetica opportunity by watching this video.
https://www.youtube.com/watch?v=Ceas4SbF4T0
NeVetica Products
NeVetica sells products belonging in the following categories:
- Nutrition
- Oral Care
- Home Goods
- Hygiene
How Do MLMs Work?
After giving you a brief explanation regarding NeVetica and their products, I am sure that you are already thinking about whether joining is worth it or not. However, I suggest that you do not trust a company just because they have some interesting products. There is a lot more to uncover.
I think I should tell you how an MLM operates, since you are deciding whether you should join one or not. I suggest that you do not skip this section if this is your first time ever encountering an MLM. This section would be filled with information that you do not know before, so take it as a learning experience.
An MLM functions just like a cult. You might say that I sound extreme, but let me show you some similarities between an MLM and a cult.
For one, MLMs want you to depend on them as much as possible. When this happens, they can manipulate you easier. This is because it will be you endlessly thinking that you owe them something. You will be thinking that you owe them this new house, this new car, and all the money you get, even though you yourself were the one who earned it.
Upon joining the MLM, they will begin filling you with hints so that you can quit your job. These come in the form of subtle persuasion, testimonies from people who became “successful”, and how they lie about how much they can make.
I suggest that you do not believe these MLMs just because they seem friendly and want to back you up. They are just doing all these “good things” to manipulate you into trusting them completely. Also, you do not get paid any wages here either. Does this still sound worth it to you?
Is NeVetica a Pyramid Scheme?
Since NeVetica members earn money both by selling services and recruiting new members, then it is safe to say that NeVetica is not a pyramid scheme.
However, since NeVetica 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 NeVetica look like a pyramid scheme in disguise, doesn’t it?
Like Hungry Bark, ByDzyne, and Anovite, NeVetica is not a pyramid scheme.
Is NeVetica a Scam?
No, NeVetica is not a scam.
However, if you think this is enough for you to jump in NeVetica’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 two sources will be of the most help to you.
Actually, you already found the best source available online. This NeVetica review is an example of a third-party review, meaning that this is published with no biases towards the MLM whatsoever. Third-party reviews are made by third parties who have no connections towards MLMs, so they are free to publish whatever opinions they have.
Furthermore, third-party reviews undergo quite a lot of research, data gathering, and fact-checking, in order to be as credible as possible. This is why you can be assured that third-party reviews will remain unbiased and impartial. They do not have the MLMs breathing down their neck and telling them to write only positive things.
Even though third-party reviews are pretty in-depth sources, I know that you still have questions that cannot be answered by them online. You probably have specific questions regarding MLMs that were not discussed by reviews, which means that you need to find another source.
In that case, I suggest that you look through online forums. Forums are good databases because they keep the information updated as much as possible. Other than that, forums also have a lot of active users you can have discussions with, no matter what time you log in them.
Forum members are very approachable and willing to answers questions you have about MLMs, so feel free to ask away. They are also very welcoming of new members, as their goal is to educate as many people as possible regarding the truth behind these greedy companies.
How to Make Money from NeVetica
Since NeVetica is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
To make money in NeVetica, you need to dedicate a lot of your time and effort in it. I am sure that the hunbot who is trying to recruit you didn’t even explain this important aspect properly, so let me explain it for you.
I am sure that you know already that by joining an MLM, you will be in charge of selling and marketing their products. This is a easier said than done, though. They sell you products for discounted prices, which you can sell for retail prices. It is straightforward, yes, but finding customers is a whole other ordeal.
Your main money-maker here is the recruiting aspect. It is passive income, because the people you recruited can also be the ones you will be selling the products to. They will be the ones looking for customers for you. The more people you have under you, the more money you can make. Good luck finding people who want to join an MLM, though.
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 Much Can You Make?
I do not really have any data regarding the earnings that members of HeVetica, because the company is fairly new. Maybe they themselves do not have enough data yet regarding this, as they do not have that many members yet. That aside though, I feel like we can still make speculations regarding the matter.
MLM companies are not obligated to publish income disclosure statements. There’s no law that tells them that not doing so is illegal, so they are not really breaking any laws.
However, they are violating their members’ trust by not being transparent to them. What they are doing makes them seem more suspicious. What could they be possibly be hiding?
For one, I have come across multiple credible sources that back this claim: majority of people who joined MLMs do not make any money. In truth, most of them get in massive amounts of debt before realizing that joining an MLM is such a bad idea.
If there is truth behind their claims of people being successful by devoting their time to the MLM entirely, then why not show the data? I am sure they know to themselves that they cannot really manipulate data easily.
Things I Like in NeVetica
Good Concept
Like I said before, the only other MLM company I found that focuses on pet products is Hungry Bark. Other than that, these two companies are the only two in the MLM business who sell primarily pet products.
I think that pet products are a pretty untapped market in the MLM industry. Most MLMs I have reviewed sell nutritional products, cosmetics, and clothing. I am glad that there are companies out there dedicated to pet care.
Things I Dislike in NeVetica
No Information About Founder
Yeah, so I tried looking for information about this Dr. Lance London online, but I cannot really find anything about him. Other than he was the founder of NeVetica, there is no other information available online regarding him.
As he is the founder, shouldn’t he be transparent of his background? He should be setting an example for the members to follow.
Products Not Tested
There is no information on their website regarding any testing that involves their products. This means that we do not really know if NeVetica’s products are effective or not.
Are you sure that you want to promote and sell products that are possibly harmful to pets?
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.
NeVetica Compensation Plan
Here are the ways to make money with NeVetica:
- Personal Sales
- 1st Order Bonuses
- Unilevel Bonus
- Turbo Infinity Bonus
- Income Match Bonus
- Leadership Advancement Bonus
- Global Pool Bonus
- Sponsored Vacations
- Executive Leadership Council
I will let this video do the explaining for you.
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 – NeVetica
Before I end this NeVetica review, I would like to share a few more insights that could help you.
I would like to commend you for reaching the end of this NeVetica review. I am sure that if given the chance, you would instantly sign up for such an interesting opportunity such as this. Who wouldn’t want to be their own boss and get to go on all those vacations without worrying about missing work?
The problem with MLM though is that they completely miss the mark. They advertise a “great opportunity” but do not have any means to back it up. All they do is talk.
They want people to go out of their way to quit their stable paying jobs in order to be salesperson for the company. These people would not be getting any wages though, and all the money they get are commissions only if they make sales. Does that sound fair and better than a regular job? No, I don’t think so.
Anyway, now that you are done reading this NeVetica review, maybe you will be thinking twice about joining the company. Trust me, it is definitely not worth your time and money.
Besides, a better opportunity is waiting for you just below. I suggest checking it out.
That’s it for my NeVetica review. Hopefully this NeVetica review helps with your decision.
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