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You might have heard of the hugely popular “Pink drink” which is apparently helping people lose weight in no time. Today we will take a look at the company behind this product, Plexus worldwide. A relative newcomer to the field with only 16 years in the market, the company has managed to be a regular member of the DSN 100 list in the last few years. Plexus Worldwide amassed revenue of $509 million in 2020 which placed them 28th on the list of top MLM companies in the world based on 2020 revenue. This also marked an improvement compared to their previous year’s revenue of $467 million. Here we will have a detailed review of what Plexus worldwide is, its products, MLM compensation plan, pros and cons, and our final verdict.
|Company Name:||Plexus Worldwide|
|Industry:||Multi Level Marketing|
|Headquarters :||Scottsdale, Arizona, USA|
|Products:||weight loss products, skincare, vitamins, personal care, and protein drinks and bars|
|Price To Join/Membership:||$39.95 annual fee|
Plexus Worldwide was founded in 2006 by Tarl Robinson. It is headquartered in Scottsdale, Arizona, USA. The company started its operations with just a single product. Today Plexus has a wide array of products including weight loss products, skincare, vitamins, personal care, and protein drinks and bars. Its salesforce consists of over 700,000 independent distributors from the US, Canada, Australia, and Mexico.
Plexus has products that include nutrition, weight management, skincare, vitamins, etc… They aim to help users feel better, look better, and live a better life. Plexus claims that they use the latest cutting-edge technologies for their products. Opposed to many network marketing companies, Plexus does not boast of a wide range of products in its catalog. It only has around 20 products in the health and wellness space.
Their most popular product is the Plexus Slim or the “pink drink”. It is a weight loss supplement intended to balance the users’ blood sugar levels and restrain hunger cravings. The company is also big on gut health. They have multiple products intended to improve gut health. Plexus claims its gut health products reduce bloating and make customers healthier and happier.
The FDA (Food and Drug Administration) does not regulate vitamins or supplements. So Plexus products are not approved or disapproved by the FDA. The prices of certain Plexus products are found to be inflated when compared with similar products.
Learn About Top 5 MLM Compensation Plan
Like most MLM’s, there are two ways to make money through Plexus Worldwide, commissions on product sales and by recruiting new members. It costs $39.95 per year to become an independent distributor of Plexus Worldwide. There are 11 ways you can make money as an independent distributor or Plexus ambassador.
1. Preferred Customer Bonus- $4-$22 per monthly subscription product your customer’s purchase.
2. Retail Rewards Commissions – 0-25% commission for any products you sell.
3. Retail Rewards Override Commissions – 5% commission from the sales of your downline.
4. Business Building Bonus (BBB) – $5-$25 bonus for welcome packs bought by your downline.
5. Achievement Bonus – $100-$750 one-time bonus for ranking up.
6. Fast Start Achievement – $100-$250 plus bonuses for recruiting 3 members within your first month and making them do the same.
7. Plexus Points – Bonuses for any welcome packs purchased in your downline.
8. Emerald Pool Bonus – 3% of the company’s total commissionable volume.
9. Sapphire Pool Bonus – Additional 1% of the company’s commissionable volume.
10. Diamond Pool Bonus – Additional 1% of the company’s commissionable volume.
11. Diamond Re-Entry – Open a “second position” for yourself in your own downline.
Plexus was founded in 2006 and it has a team of capable executives in management. It has made it to the top very quickly. The majority of new MLM companies don’t make it past 5 years.
Some MLM companies sell low-quality products but don’t give a cash-back guarantee so that their profits are always secured. Plexus has total confidence in their products and provides a cash back guarantee to all the customers if they are not happy with the products.
You will get a replicated website for free and earn up to 25% commissions on purchases through that site. Plus, if someone signs up to Plexus through your website you will automatically become their sponsor, and they will become a part of your downline.
Products of Plexus have typical MLM inflated prices. Some of its products cost over double that of highly rated similar products. This makes it hard for ambassadors to move their products.
The 9 out of 11 ways to get paid we mentioned above require you to recruit others. And the commissions the company offers just for sales are very low. Ambassadors will be forced to recruit new members all the time to earn a substantial income.
This is the primary reason for the majority of MLM distributors losing money. It’s not disclosed upfront that you are required to basically spend $100 a month just to remain active.
Here we have taken a look at Plexus Worldwide, its products, compensation plan, and the pros and cons. Now it’s time for our final verdict. Plexus Worldwide is not a scam. It has genuine products and pays distributors as it promises. Consider all of these factors before deciding on becoming a Plexus Worldwide ambassador.