Today we will be reviewing a company called Peach. Is Peach a pyramid scheme or scam? Find out in this Peach MLM review.
I would not be surprised if you haven’t heard of this company before. It is pretty obscure since it is an MLM, after all. That aside, the reason why you rarely hear of MLMs is because they do not really do any advertising. All advertising done by MLMs are the work of their members.
If you are wondering why MLMs continue to thrive even though they are obscure and have few customers is because of this. They save a lot of money on advertising costs since their members are the one doing it for them. Even though this is case, they do not compensate their members for it.
If you are thinking that MLMs are a good way to earn cash on the side, then let this serve as a warning. There are a lot of better ways to earn extra money without going through the hassle of joining one. It may look tempting because MLMs promise you that “you could be your own boss”, but the truth is far from that.
Before we go further in this Peach 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 make money by recruiting people. However, pyramid schemes are illegal.
As a disclaimer, I am not affiliated with Peach in any way.
Hopefully this Peach MLM review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Peach MLM review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
What is Peach?
Peach is a multi-level marketing company that sells clothing. I don’t really really see how they stand out from other companies selling clothing, but surprisingly, they exist.
Peach specializes in clothing pieces that are comfortable even if you are being active. The style is called “athleisure”, and as the name states, the clothing of this style can be worn comfortably in any occassion.
The company was founded by Janet Kraus and Derek Ohly, and it is currently based in Massachusetts, United States.
You can learn more about Peach by watching this video.
How Do MLMs Work?
Welcome to the section where we talk about why MLMs are despicable and why you should go find a better opportunity than joining one.
Today, let us talk about the lies that MLMs love to tell people.
In my opinion, all MLMs are the same, regardless of what product they sell. They are all being run the same way, and what pisses me off is they are parading success while operating with the financial ruin of their members.
Joining MLMs are not free. More often than not, MLMs ask for ridiculous amounts of money before you are allowed in them. Once you pay this amount, you get your initial inventory, and after that, you are ready to sell.
These MLMs claim that you get training once you pay for the initial fee, but I would not call it training, to be honest. It’s more of teaching you how to pressure people into buying your products even if they do not need it, and annoying people with copy-paste scripts that promise them a “great financial opportunity”.
Yeah, I would not count on any training whatsoever from a greedy company whose sole purpose is to leech money from its members.
Another thing I would like to point out is how they always say that “you can be your own boss”. If you are your own boss, then why is there a CEO in these companies? If you are free to make your own decisions, then why is there a sales quota that you have to follow every month?
Along with these, MLMs are also boasting about the successful people they have. If you are smart enough to do research, how many people do you think actually made money here? Less than what they tell you, definitely.
MLMs are a big waste of time and money.
Is Peach a Pyramid Scheme?
Since Peach members earn money both by selling services and recruiting new members, then it is safe to say that Peach is not a pyramid scheme.
However, since Peach is an MLM, do not expect to make much money if you have no plans on recruiting people. Recruiting will earn you significantly more money than actual product selling, and is highly encouraged if you are after passive income.
This just makes Peach look like a pyramid scheme in disguise, doesn’t it?
Like Ruby Ribbon, J.Hilburn, and Essential Bodywear, Peach is not a pyramid scheme.
Is Peach a Scam?
No, Peach is not a scam.
However, that is not enough basis to join it right away. That is the most basic thing you should expect from a business, isn’t it?
I suggest doing your own thorough research when it comes to MLMs. You can find information about them online, but most of it are published by the companies themselves. You can expect these information to be biased towards those companies.
Because of this, I suggest that you search for third-party sources instead, as these sources are not affiliated with the MLMs. You can be assured that they are not biased.
There are also forums that actively discuss MLMs. You can find fresh information from there everyday and even interact with the other forum users.
I also suggest looking for ex-member testimonies, as these will help you understand how the company works and how it treats its members.
How to Make Money from Peach
Since Peach is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
Bonuses and benefits are also awarded, so you can say that these are extra ways to make money. However, being able to qualify for these are a whole different story.
This is why recruiting is emphasized. You can only be qualified for benefits if you have an active downline. This means that you would have to recruit people.
If you want passive income, then this is the way to do it. You will get commissions from all people under you and all people under them, so if you want to keep earning, you have to keep recruiting.
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.
This is sounding more and more like a pyramid scheme, doesn’t it?
How to Join Peach
Joining Peach is a pretty straightforward process.
All you need to do is click this link, and you are all set.
You have to pay the $99 fee to join Peach. It includes business set-up and client management tools, complete marketing tools, and $200 credit which you can use to buy your first samples.
Peach Products
Peach sells the following products:
- Face Masks
- Tops
- Sweaters
- Bottoms
- Dresses & Jumpsuits
- Jackets & Blazers
- Bras, Panties & Sleepwear
- Accessories
- Gift Cards
Things I Like in Peach
Honestly, I could not find I like with Peach. They simply do not stand out to me, and how they run is no different from fashion MLMs I have encountered before.
Things I Dislike in Peach
Prices are Higher than Average
Price is a major factor that people look at when buying stuff. People want to get value for their money, so as much as people, people buy reasonably priced products.
Because Peach’s products are priced higher than usual, it pushes potential customers away. Anyway, why would you even buy from Peach when there are literally millions of clothing stores out there and online?
Saturated Market
No matter how Peach market themselves as “unique”, they have no unique products whatsoever. In my opinion, the clothing they sell are the same as any other clothing brand out there.
Competition is pretty tough when it comes to the fashion market. There are a lot of huge brands out there with reasonably priced products, with great marketing, and celebrity endorsements. Peach cannot hold its ground against those companies.
I also see no reason why people will choose Peach over brands that are readily available in their local stores.
Peach Compensation Plan
The ways you can get paid in Peach are as follows:
- Personal Sales Commissions
- Power Seller Bonus
- Stylist Credits
- Fast Start Coaching Bonus
- Downline Commissions
- Personal Advancement Bonus
- Matching Advancement Bonus
- Generation Commissions
To learn more about these, you can view the file here.
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 – Peach
Before I end this Peach MLM review, I would like to share a few more thoughts.
I get that most people who join MLMs do so to earn extra money, but the reality is they are hurting their finances more by doing so. Like I said before, MLMs thrive on people’s financial failures.
Aside from that, MLMs encourage people to recruit others to do so. Basically, MLMs want you to spread the virus of being deep in debt. Doesn’t that sound scummy to you?
You should think twice before joining an MLM because really, there are a lot of better opportunities out there if you are really desperate for extra cash. Save yourself the hassle.
In Peach’s case, it simple isn’t worth it. You are competing with top brands out there. Why would people choose this brand over other brands out there who have cemented themselves at the top of the fashion industry?
Also, why would people support an MLM? The reputation of MLMs are already tarnished from forceful recruitment, annoying marketing tactics, and market saturation.
I just do not see why MLMs are necessary anymore. People can get almost anything online, and to be honest, I’d rather support small businesses than MLMs. At least small businesses really put food on the table for the people running them.
That’s it for my Peach MLM review. Hopefully this Peach MLM review helps with your decision.
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