Welcome to this Modere Review. If you are looking for a Home Based Business opportunity, this review will tell you what you need to know about this Multi Level Marketing Company.
Hopefully after you have read it, it will help you decide if it’s worth trying out.
Modere is an online company that offers you the opportunity to earn commissions by promoting various lifestyle products ranging from personal care products to health and nutrition supplements.
This company uses a Multi-level marketing strategy where affiliates earn commissions not only from their personal sales, but also from what their recruits make.
Previously known as Neways, Modere re-launched its services in 2014, and the company has since grown a much wider global following.It now has a presence in over 28 international markets worldwide.
What is MLM and how does it work?
Companies and businesses are always looking for ways to gain an advantage over their competitors. Having a competitive edge translates to a wider market presence, which subsequently leads to higher sales.
Multi-level marketing is one of the most effective sales strategies that companies use to promote their products.
It involves recruiting affiliates to promote and sell products on behalf of the company.
These affiliates, subsequently recruit other distributors to help them market the products. This recruitment process creates a hierarchy of multiple commission levels, where affiliates earn according to their level in the hierarchy.
Modere offers a wide range of products for marketers to sell. Having a large inventory increases the chances of affiliates to make great returns on their investments. These fall under the following three categories:
1. Personal Care Products
It covers several lines of products that focus on skin care, hair, body and oral care.
2. Health and Wellness Products
This niche includes products that focus on anti-aging, weight loss, general nutrition, active health and targeted health
3. Household Care Products
Common household care products available include kitchen cleaning products and laundry detergents among others
Getting started with Modere
You need to invest a small amount of money to become an affiliate of this company. The startup package costs $29.95.
However, you are encouraged to buy the builder collection package, which costs $399. Purchasing the builder collection package guarantees more earning opportunities since it gives you more product bundles.
Modere Compensation Plan
Modere has a rather complex compensation plan that might take you time to understand how it works. For this reason, you should spend as much time as you need to get a grip on how it operates before investing your money.
You must have at least 150 activity points in a month for you to qualify for commissions.
Activity points refer to an assigned value derived from total social marketer purchases and customer purchases.
The bonuses that you stand to earn with Modere include:
1. First Order Bonus – This bonus is paid out on your first commissionable order you receive from direct customers.
2. Team 3 Bonus – You are entitled to a team 3 bonus every time you recruit three new social marketers.
3. Dynamic Team Leader & Director Bonus – Modere shares their total global sales with marketers who have the highest number of activity points in a year.
4. Four and More Builder Bonus – Earn bonuses ranging from $100 to $3,000 depending on the total activity and customer points your team accumulates
5. Sharing Bonus – Earn up to 20% of the total customer points you get from your sales every month. The higher customer points you have, the higher the sharing bonus commissions.
6. Leadership Development Bonus – This is one of the most lucrative bonuses paid out to team leaders. You are eligible to earn a match on your teams’ total unilevel and sharing bonus earnings
• Legitimate and transparent company
• Multiple products to promote
• A variety of membership packages to suit your investment budget
• Wide range of bonuses and rewards
• Has a points reward system
• Free advice for customers on the best available products
• High income potential
• Lucrative incentives and perks
• MLM requires intensive training
• You need to invest money to join
• You have to grow a large customer base to make a significant amount of money
• The builder collection package is quite expensive.
• Information about the company is scanty considering that it is relatively new
Joining a multi-level company like Modere is not for the faint-hearted. It requires individuals who are highly motivated and have the passion for doing business.
Additionally, you have to possess great communication and persuasion skills to become an astute marketer. If you think you possess all these qualities, then consider joining Modere as a marketer.