New Business Revolution

Wednesday, October 24, 2012

What is Vemma? – A Quick Overview





You might have come across someone you know mentioning Vemma and how great it is. You might have seen people posting on Facebook, Twitter, Pinterest and other social media all excited about it and you wonder what is Vemma? I am here to give you a quick yet comprehensive answer.

What is Vemma?

What is VemmaIt is a network marketing and nutritional supplement company based in Arizona, USA. It is founded by BK Boreyko with the mission of making a difference with people helping people. It has grown rapidly to become one of top 100 network marketing companies in the world with revenue of approximately 100 millions in 2011. It is operating in 50 countries globally and is still expanding.

So you are going to ask, what exactly is network marketing?

Network marketing is also called MLM or Direct Sales. Instead of paying millions of dollar advertising on newspaper, TV, radio or other mass media platforms, a network marketing company pays its members or distributors to share its product by word of mouth. Because of the multilevel structure, a distributor can sponsor other distributors into the business and builds his/her own team or organisation and leverage on the team effort. Network marketing is called “The Business of The 21st Century” by Robert Kiyosaki. People like Donald Trump, Warren Buffet, Bill Clinton and Richard Branson are all big supporter of the network marketing concept. Below are two good videos explaining exactly what it is:

What is the Product?

The word Vemma stands for Vitamin, Essential Mineral, Mangosteen and Aloe Vera. This Vemma formula is the flagship product of the company. This formula is incorporated into 5 different delivery system to suit different target markets. These include Premix (anti-aging), Next (children nutrition), Thirst (sport hydration), Verve (energy drink) and Bode (revolutionary weight loss program). The products are endorsed by Men’s Journal, Miss Fitness Magazine, Dr Oz and Chris Powell.

So How Do People Make Money?

You make money by recommending the products to others. The customers or brand partners you bring in are tagged to you and you earn commission based on the sale volume in your team. The company uses a binary team structure. The exact detail is beyond the coverage of this post. In short, they pay out 50% of the revenue to their brand partners and there are people making tens of thousands of dollar every month. The top earner currently earns more than $200,000 a month.

Is It One of Those Pyramid Scheme?

I kind of expect you to ask this question. There are a lot of misconception about network marketing companies. Network marketing is different from pyramid scheme. Pyramid schemes are illegal and usually these are money game with no product involved. Network marketing companies have proper products and most of them are registered with the DSA (Direct Sales Association) and operate as legal companies. They provide equal opportunity to everyone who have the dream and desire to achieve financial success. Just think about it, do you think Robert Kiyosaki, Warren Buffet, Donald Trump, Richard Branson and Bill Clinton will support pyramid schemes?

Can anyone join?

Yes. It is actually very easy to join. You don’t need to pay a sign up fee and there is no annual fee. You will get  your own unique brand partner number and free website on registration. However, to become active and be able to earn commission, you need to use the product yourself on regular basis. You can join Vemma by going to this link if you are ready.



No comments:

Post a Comment