More than ever, work-at-home opportunities are popping up on the internet. The question is whether these opportunities are worth it or not?So, in this Monat MLM Review I reveal the details about this Company and let you know whether or not you can make money with this opportunity or not. So lets get to it!
- 0.1 So, What is Monat?
- 0.2 What does Monat Promote?
- 0.3 Are Monat’s Products Worth Their Price?
- 0.4 Are Monat Products Exclusive?
- 0.5 The Monat MLM Opportunity
- 0.6 How Much Does It Cost to Join Monat?
- 0.7 Can You Make Money with Monat?
- 1 Escape the MLM Rat Race
- 2 Join over a Million Members
So, What is Monat?
Monat is a MLM Company and is also known as Monat Global Corp. The business was started in 2014 by the Urdaneta family from Venezuela based out of Doral, Florida USA. So, Monat is still in it’s infancy and it’s not all been plain sailing, but more about this later.
What does Monat Promote?
Monat promotes hair and skin care products as well as the opportunity to build an independent distributor business of your own, promoting and distributing their product. It’s not the best work-from-home or multi-level-marketing business there is, in fact it doesn’t rank high in my book as there are far better ways to make money from home.
Are Monat’s Products Worth Their Price?
The quality of Monats products are questionable ever since there were serious problems with the addition of low quality ingredients which caused hair loss and scalp irritation. So serious that a court battle ensued as reported in the following video.
For this reason alone, the products are not worth any price they are asking especially if they contain unacceptable ingredients that cause harm.
“An inherent design and/or manufacturing defect in Monat
hair care products causes significant hair loss and scalp
irritation to many consumers,” one lawsuit alleges.
Are Monat Products Exclusive?
Another reason why the Monat products are overpriced is because the products are widely available on the open market which actually cost less as pointed out here in the following Monatproduct screenshot and the ebay screenshot of the same product. The Monat example is the VIP price at $84 compared to the Ebay price of $22 dollars for the same product.
So, why would Monat be so different in price for the same product? An explanation would be that the Monat products are actually less important than the recruiting of Market Partners (distributors) itself. This is far more lucrative for the Company.
The Monat MLM Opportunity
The whole purpose of an MLM is to sell and distribute products to those who become either wholesale customers or reseller recruiters or distributors. A Market Partner is someone who sells Monat products from the Monat multi-level platform.
Imagine the amount of product that moves monthly through a vast network of wholesale customers and distributors. Mind blowing! The idea is that cash rewards and bonuses are paid to Market Partners who qualify and move a minimum amount of ‘product volume’ through their network each month. Anyone can become a Market Partner and build their own network on the Monat multi-level platform.
Monat MLM gatherings of a few hundred or more distributors at organised events are often hyped with loud music, hysteria almost to keep the crowd at a certain level of excited energy for recruiting purposes.
Distributors or Market Partners as Monat calls them, are encouraged to bring prospects along who are either looking at the opportunity or thinking of joining the business either as a wholesale customer or as a Market Partner. The products on their merits alone are not enough to move the amount of volume needed to sustain such a network. Recruiting is what is needed.
Social media is popular among Market Partners to promote and sell the product and to promote and sell the MLM business opportunity. However, there have been over a thousand complaints with a red flag warning from the Better Business Bureau.
How Much Does It Cost to Join Monat?
The price to join Monat should you choose to do so, depends on the kickstart Product Pack you purchase to join. There is also a yearly renewal fee of $49 US dollars. Your chosen pack includes product and marketing material. You need a sponsor to be your upline and will be allocated one if need be.
Can You Make Money with Monat?
Yes you can make money with Monat by buying products at wholesale prices to sell at retail prices, and then by building a network as a Market Partner and being rewarded when you qualify. Unfortunately, there is no current Income Disclosure Statement that I could find to show you earning comparisons at each of the levels on the Monat platform.
Building your own business with Monat will require a lot of time, effort and fortitude to stick with it in good times and bad. If you are not a natural seller then be prepared to train how to sell. If you are not a confident speaker then be prepared to skill yourself up to ensure your success in this MLM.
Escape the MLM Rat Race
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Pros of Monat
- A young MLM Company – It’s easier to recruit and therefore easier to have success when a mlm company is still in its infancy so to speak.
- Monat is now in three countries – the US, Canada and the EU
- Consumable products – customers are recurring as a result of buy and buy again
Cons of Monat
- Multiple Class Action Lawsuits – have been filed against the company for products which have caused harm to both customers and Market Partners.
- Over a thousand complaints – a significant amount of complaints that should not be ignored
- Monat Market Partners who decide to cancel their membership have a hard time reaching support to process cancelation of membership
- Customer and Market Partner refunds can take months to process.
Is Monat a Scam?
I do not believe that Monat is a scam because a number of Market Partners claim to make significant earnings from it. I would say that building your own significant network of distributors and Market Partners on the Monat platform or any mlm platform, can be very challenging and demanding of your time especially managing and supporting the people in your network.
Any MLM business is obviously a worthy cause for a lot of people when they first start out. However, just a small percentage are going to reach the levels everyone dreams of reaching. Therefore, for most people Monat MLM or any MLM for that matter, is not the best way to create a business or meaningful income. Be sure to read my #1 recommendation for making money from home without the hassle of trying to qualify every month.
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Who Have Started Their Own Online Business.