Forever Living Review
A Review Of The Forever Living Opportunity, Compensation Plan, And Training
Forever Living Products (FLP) is a privately held US company that was founded in 1978 by Rex. G. Maughan. The company is marketing a line of nutritional supplements, cosmetics and personal care products through a network of independent distributors. In this review, you will find key facts about the Forever Lining Company, products, compensation plan and opportunity.
Forever Living Company and Products
Forever Living Products describes itself as the world's largest producer and distributor of Aloe-Vera products. The company is operating in more than 120 countries, with 8.75 million independent distributors world wide. Total sales are exceeding $2 billion.
Forever Living's specialties are Aloe Vera based drinks and bee products, plus lines of nutritional, weight loss, skin care, personal care and cosmetics products.
Forever Living Marketing and Compensation Plan
The company is selling its products through its own web site, and through independent distributors. According to the Forever Living marketing plan, you can join for free as a distributor or with a business-in-a-box package for $372 as an assistant supervisor. You will achieve higher leadership ranks of Supervisor and Manager based on sales volume in your organization.
Retail Profits
As a distributor, you are earning only on personal sales: 15% of the retail price as retail profit. There is no investment or minimum purchase requirement to be a distributor. Let's look at an example: Assume you are making a personal purchase of $100 retail every month.
- Your distributor price, subtracting 15% retail profit, is $100 -$15 = $85.
- To cover the cost of your product, you need 6 repeat retail customers at the same purchase level, to give you a total retail profit of 6*$15 = $90.
As assistant supervisor and above, your retail profit is 30% of the retail price for retail customers, and 15% of the retail price for your personal distributors.
Group Volume Bonuses
You can also earn bonuses on sales in your group: 8% to 18% on personal sales and sales of personally sponsored new distributors and 2 to 13% of retails sales in your group. To qualify for volume bonuses in any month, your group must generate at least 4 case credits of sales that month. A case credit is the FLP international sales unit, and corresponds to about $188.
As an assistant supervisor, your personal cost for $100 retail is $100 -$30 = $70, and your profit for each retail sale at that level is $30. You need 3 retail customers to generate $90 income, leaving you with a net $20 after paying for your own product.
In addition, there are incentive bonuses and a profit sharing plan. All bonuses are calculated on the retail prices, not wholesale prices. Once you have attained a rank, you can never loose it, there are no demotions. Very successful distributors in your group will never be placed above you, but rather move you up to the next rank.
Forever Living Training
The company offers training through the Forever Living Online Training web site and special training events. The online training videos and materials cover basic product knowledge, business skills, product marketing through personal contacts, prospecting and recruiting. For distributors with Forever Living, training in advanced marketing strategies is highly recommended, to supplement the company training.
Forever Living Opportunity Review and Summary
To build a profitable Forever Living home businesss, and make full use of the retail profits and volume bonuses, you need to build sales volume and advance to assistant supervisor quickly. The company recommends to build a retail customer base of 20, and add one new distributor per month.
Because only a small percentage of leads will
actually buy from you or join your organization, you need to have a way
to acquire or generate large numbers of personal
leads. The best method
for doing this is known as direct marketing, by leading with the
benefits of your products.
I have prepared a MLM marketing report and a series of video training lessons for you, all free of charge.
Enter your contact information below for your free report and MLM training videos.
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