Product Name: Beachbody
Overall Ranking: 2 out of 10
Price: 39.95 one time fee plus 15.95/month
Owners: Carl Daikeler
I’m still not convinced that mlms are a solid form of income, beachbody being one of them. The coaches sell you on the fact that you don’t have to recruit. You get in and they wonder why your not recruiting. If you take a look at FTC’s standards of Pyramid schemes, you will find out that if most of the income you receive is from recruiting, the company is considered a pyramid.
The products they have
I’ve done some of their workouts and have seen others on the market that I have been impressed with. But the shakeology, in my opinion is a waste of money. They charge you triple the price and you need to add your own ingredients to make it a meal replacement.
- Slim Fast: $0.63
- Ensure: $1.03
- GNC Total Lean: $2.36
- Shakeology: $6.65
Is it a Pyramid Scheme?
That is the question most people have when researching a mlm company and it’s the verdict that most people will jump to. It’s not a bad thing and it’s good to keep companies in check, especially those with lost of money because they can afford the best lawyers out there.
To help you make better decisions when it comes to mlm companies, the FTC put out a document that helped consumers come to a better educated decision.
”Not all multilevel marketing plans are legitimate. If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it’s not. It’s a pyramid scheme. Pyramid schemes are illegal, and the vast majority of participants lose money…
… Avoid any plan where the reward for recruiting new distributors is more than it is for selling products to the public. That’s a time-tested and traditional tip-off to a pyramid scheme…
One sign of a pyramid scheme is if distributors sell more product to other distributors than to the public — or if they make more money from recruiting than they do from selling.”
As a side note, I got some of my information from lazymanmoney.com, he goes into far more detail than I’m going to do. So if you want a good read, check his article out.
Is there a better option out there?
There is and you don’t have to pay for their overhead either. You build a website, you can do if for free by checking out my number one recommended product. You go to amazon and request an affiliate link.
With your website you can give your personal review of it, perhaps add some ideas of workouts that you do. Someone comes to your site and enjoys what you have to say, they click the link and bam, you got a commission.
- Nationally recognized health and fitness company
- In Business for over 15 years
- Self Empowering Promotion and Products
- Great fitness products and coaches
- You have to bring in coaches to reach and maintain a higher level within the compensation plan
- The compensation plan is not easy to explain beyond the 25% for each product sold.
- Highly competitive; Saturated Market
WHO IT IS FOR
The company provides products that help people get into shape which is a good goal to go for. I recommend getting a work out buddy and build your own workout plan, most of what this company has is over priced.
I couldn’t find a lot of training on their website, it was mostly promotional information. They claim that they one time fee plus the monthly fee pays for the website which is your tool. I think most of the training is from the coaches themselves.
Like any company out they, they will help you with information of their products, but are very quiet when it comes to their business opportunity.
Like I mentioned at the beginning, if you wanted to become a coach, you will have to pay the one time fee of 39.95 plus a monthly fee of 15.95. There are other costs that are needed as well. Like the product you buy or the annual event training that can cost you as much as 245, not to mention the cost of room and board, plus eating expenses that can run you to a total of 1500.
Is the conference training worth it? I don’t know, never been to one. But the coaches say you need to go if you serious about your business.
I consider Beachbody a pyramid scam in my opinion because you make more money from the recruits that you do the actual product sold. This is also an opinion that the FTC has as well so before you dive right into their business opportunity, use solid judgement.
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