Today we will be reviewing a company called Yoli. Is Yoli a scam? Find out in this Yoli review.
I wouldn’t be surprised if you have not heard about Yoli before you met that hunbot that brought you here today. After all, Yoli is an MLM, so it is pretty obscure. MLMs don’t really do proper marketing and advertising like what big companies do, and that work is being done for them by their members. The reason why you are here today is because you got intrigued by what the hunbot offered you, right?
Anyway, if you are thinking that the hunbot you talked to must be getting paid well for their job, then I suggest you continue reading this review as I will be revealing how much members make in the company. You can find it in the later sections, but it could be shocking.
Along with that, I also will be revealing some facts and truths that Yoli may be hiding from its customers and members. I suggest you sit back, relax, and maybe grab some popcorn as you read through this Yoli review.
Before we go further in this Yoli 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 Yoli in any way.
Hopefully this Yoli review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Yoli review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
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Yoli is a multi-level marketing company founded in 2009 by Robby Fender, Corey Citron, Bobby Jones, and Daren Falter. Fender is the current president and CEO of Yoli, while Citron is the chief marketing officer. Jones and Falter both hold top executive positions in the company.
Yoli claims that their products are all-natural, and through it, their vision is to provide a healthy and fit lifestyle for their customers. The company name is from the Aztec term “yoli”, which means “to live”. The company is based in Utah, United States.
Here is a video that can tell you more about Yoli.
How Do MLMs Work?
In this section, I will be taking a break from talking about the current MLM we are reviewing. Here, I give you some insights in general about how MLMs operate. I will also be reiterating my stance that MLMs are the worst and that you should avoid joining one at any cost.
If this is your first time encountering an MLM, then I suggest that you do not skip this section. I will be giving valuable advice about spotting an MLM and the common red flags that most people seem to miss.
Let’s talk about why MLMs are targeting single parents (mostly mothers).
If you are a single parent, and you are not from wealth, then I know how it could be quite a struggle to meet ends meet. After all, you would have to work and run a household at the same time. There are quite a lot of single parents who cannot afford nannies, so they have to attend to their children themselves while working.
This is quite a challenge because most jobs are offered away from home. You would have to adjust your schedule properly in order to attend to your children, especially if they are still growing. Children could be a handful sometimes.
MLMs present a unique opportunity which allows you to earn money on your own time. This is the main reason why single parents are drawn to it. After all, they want the extra cash as well. However, what they didn’t know is that they are being manipulated.
MLMs often require exorbitant startup fees, so before you can even start, you already need to shell out money. This is especially difficult because you need to be able to learn the trade quickly, or you’ll never make back the investment.
Is Yoli a Pyramid Scheme?
Since Yoli members earn money both by selling services and recruiting new members, then it is safe to say that Yoli is not a pyramid scheme.
However, since Yoli 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 Yoli look like a pyramid scheme in disguise, doesn’t it?
Like Max International, Bonvera, and Globallee, Yoli is not a pyramid scheme.
Is Yoli a Scam?
No, Yoli is not a scam.
However, if you think this is enough for you to jump in Yoli’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.
The best source that I could recommend is the current source you are browsing right now. This Yoli review, along with other reviews published by third-party sources, is the most detailed and in-depth resource you could ask for. Here, you can find basic information about the company, down the more specific ones (how to get paid and how much you can earn). These reviews publish only facts and are unafraid to publish truths that paint the company in a negative light.
You can also consult online forums. Most forums I found are pretty active, with thousands of active users that browse and post in it everyday. These people are also quite friendly, and they are willing to share their research with people. To be honest, they are doing a great job on spreading awareness about MLMs, and I commend them for it. It’s a community that has come together for a great cause.
There are also testimonies released by people who worked for MLMs before. These people know quite a lot of secret information that these MLMs do not release publicly. Also, they have extensive knowledge on how the MLMs operate from the inside, making them valuable sources of information.
How to Make Money from Yoli
Since Yoli is an MLM, there are two basic ways to make money with the company. and these are:
- Selling products
- Recruiting members
Take note that these are only the basic ways with which you can earn in Yoli. You can potentially earn more money from bonuses and benefits, as long as you can qualify for them. MLMs offer quite a lot of benefits for extra earnings, and for Yoli, you can find them in the later section of the review.
You should note, however, that most of the benefits require you to recruit and have an active downline. You can make a downline by recruiting new members to sign up under you, and for every order they make, you earn a percentage. This is how you get passive income in Yoli and in other MLMs.
This is a lot harder than they make it seem though. In order to get people to sign up, it requires you to sell them the idea first. This requires you to lie about some facts, since you wouldn’t really want to paint the company in a negative light if you want people to sign up under you, right?
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.
Yoli Products
Yoli’s products are categorized according to the following:
- Yoli Cafe
- Yoli Fit
- Shakes
- Health Drinks
- Vitamins & Supplements
- Weight Loss
How Much Can You Make?
Seems like Yoli does not publish an income disclosure statement. I mean, this isn’t really a surprising move, since the company is an MLM after all. Most MLMs do the same thing, and for good reason.
For one, it was established and backed by a lot of sources that those who join MLMs do not even make back the startup fee they pay. In the worst cases, they hold on to hope that there will come a time when they will finally make money, which rarely ever comes.
Publishing this information would be like shooting themselves in the foot. Once people find out that most of the members of the company do not make money, then of course they would not bother signing up.
MLMs set monthly quotas that their members should follow in order to stay in the company. If they cannot meet this quota, they will be dropped. This means that they lose the right to sell the products that they bought.
This is how people get in the debt trap. They keep buying and buying to meet the quota, and just hope for some kind of miracle that they can sell them all one day.
Things I Like in Yoli
Good Reputation
Yoli has been in business since 2009. This means that they have managed to last a lot longer than the average MLM lifespan of 3 years. I guess the company has found its target market and has developed a loyal customer base through the years.
For a company to be in business this long, it means that they are being managed properly and continue to be profitable. Also, they don’t seem to have any issues with the law, too, which means that their business is pretty legal.
Things I Dislike in Yoli
Saturated Market
This is quite a big problem for Yoli because they are in a very competitive niche. The health and wellness niche has a pretty big share in the market. If you are new to this website, then I suggest reading my previous MLM reviews. You will notice a pattern that a lot of what I have reviewed are companies in the health and wellness niche.
This is because companies in this niche profit well from repeat purchases. After all, their products are being consumed daily, which means customers continue buying.
Expensive Products
Yoli’s products are pretty expensive compared to the prices you can see at supermarkets. After all, Yoli is an MLM, and they are probably thinking that they should put premium prices on “premium products”.
This doesn’t make sense at all since they are already pretty obscure. All this tactic does for them is push customers away.
You see, people are not stupid. They know where to find good deals. And of course, they would not pay expensive prices for products that have cheaper and better alternatives. Also, most people refuse to support MLMs for their negative reputations.
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.
Yoli Compensation Plan
You can view and access Yoli’s compensation plan by clicking this link.
Here are the ways you can get paid in Yoli:
- Retail Profits. For every product you sell, you can get 20% to 30% commissions.
- Fast Start Bonus. For every new person you recruit, you get a 20% bonus.
- Refer 3, Get 1 Free. Once you recruit 3 new members in a single month, you get a free product bundle.
- Luxury Car Program. You can get $600 monthly to buy a new car.
This video can explain the compensation plan better.
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 – Yoli
Before I end this Yoli review, I would like to share a few more insights that could help you.
Congratulations, you have reached the end of this Yoli review. However, I suggest you stay for a few more moments as I have more valuable advice that could help you in the future.
MLMs like Yoli often make a lot of promises that sound great. From being able to earn full-time income to part-time work, to being successful in a span of a year, it seems like MLMs know exactly what to stay in order to manipulate people into signing up.
I commend your efforts for finding this Yoli review, as some people do not bother researching the companies they encounter. They just take their word in face value, and end up making a decision that they regret in the long run.
These MLMs seem to forget that more and more people are getting aware of their tactics, as reviews and forums begin increasing numbers by each passing day. Or maybe they know, but they think they are so powerful that they refuse to acknowledge their mistakes.
If you want to make money that doesn’t require you to recruit people, then I suggest checking out the opportunity right below this section.
That’s it for my Yoli review. Hopefully this Yoli review helps with your decision.
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