Globallee Review: Quick Summary
Name: Globallee
Description: Globallee is a network market company that focuses on health and wellness. It doesn't cost much to get involved with their affiliate program and they seem to have a generous compensation plan. Although this may be one of the better MLMs to consider joining, it still costs a bit to get fully involved. Without any marketing skills, most people fail to succeed as these companies tell you to recruit friends and family.
Is Globallee a Pyramid Scheme?
I wouldn’t label Globallee a Pyramid Scheme, but their business model is set up in similar aspects. This is not a company I would recommend joining, and the health and wellness industry is saturated with competition. It seems like almost every business I review is marketing protein powders and weight loss supplements.
Pros
- New Company
Cons
- Training
- Low Success Rate
- Expensive Products
- Expensive Business Opportunity
- The Best Way to Earn is By Recruiting
Globallee is a multi-level marketing company established in 2019.
As this company specializes in promoting health and wellness products, you may have stumbled on this page because a family member or friend recommended you to join and referred to it as being a GREAT BUSINESS OPPORTUNITY!!!
The truth of the matter is that you have been presented with this opportunity by someone you know because the best chance to earn an income with Globallee comes from recruiting others to join.
That fact leads to all MLM companies being labeled as a pyramid scheme, but I will not label Globallee as such. That is due to the fact that it is possible to make an income from selling their products.
So to know whether or not this business opportunity is right for you, this post will provide full details on what is Globallee about and all it has to offer. I must share the fact that I am in no way associated with the company and I am in a position to share this review due to past experience with another MLM company called World Ventures.
In striving to make a passive income in the past with World Ventures and other past business failures, internet marketing has proven to be a success and is the best way to go about marketing products and services.
MLM companies will turn you into that annoying friend that harasses everyone you come across to join or buy your products.
It’s a known fact that there is a low success rate for members within Multi-Level Marketing Businesses and if you consider joining it would be in your best interest to learn everything you can regarding marketing online to reach a wider audience instead of being limited to the people in your circle.
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Now it’s time to get to the review of Globallee and see if it’s the right opportunity for you.
What is Globallee About?
Based in Irving Texas, Globallee was co-founded by Mark McKnight and Lamia Bettaieb. As co-founders of Globallee, Mark specializes in manufacturing products for direct selling businesses and Lamia focuses on team building. Recruiting a team is necessary to be successful in this kind of business, and Lamia was a top earner for another MLM company called World Global Network before becoming involved with Globallee.
Membership
It costs $49.95 to become an affiliate and earn a small commission for referring people to Globallee products. However, if you want to become a full-fledged distributor it will cost either $549.98 or $1,049.98 for one of their enrollment packs.
You will also need to invest in an auto-shipment of products that costs between $99.95 and $179.95.
Compensation
MLM companies usually have a compensation plan that is complex and difficult to understand. It is not important to know all the intricate aspects of it as they claim there are 8 ways to earn. In reality, with these kinds of businesses the only way to earn is by recruiting and selling.
The extra bonuses will depend on sales from you and your recruits and in some cases the person that recruited you as well. For a bit of clarity on how to earn, 20% commission is paid for every product sold.
Members also make a 5% to 20% bonus every time they recruit someone. The bonus depends on your rank and is taken from the first sales that a recruited member makes. Over time, you can build a residual commission from preferred customers and earn a 3% to 5% bonus on the total amount of products sold by your team.
Hopefully this helps to understand Globallee’s compensation plan, but if you want more details you can check out the video below.
Globallee’s Products
Globallee’s health and wellness products include creams and supplements to boost the immune system. They mostly sell packets containing powder which you mix with water and are said to deliver a healthy feeling of energy, vigor, and mental clarity.
Unfortunately, it will be a tough pitch to consumers wanting similar items at a more affordable price. MLM companies usually hype up their products as justification to why it is so expensive. Upon observing their products at retail value, a 1.7 fl oz bottle of Hydrating Hand Sanitizer cost $15.
Pros of Joining Globallee
There is more to lose than gain by joining Globallee. In struggling to find any reason to join, the only thing I can come up with is that it is a new company. Therefore, many people do not know about Globallee. However, it being a new company can prove to be a blessing and a curse. That is because some MLM companies do not stay in business for long due to lawsuits and bad business practices.
Cons of Joining Globallee
- Training
- Low Success Rate
- Expensive Products
- Expensive Business Opportunity
- The Best Way to Earn is By Recruiting
When it comes to training on promoting and selling products, Globallee has the same problem as most multi-level marketing businesses. The problem most members face when becoming a member of these businesses is that you are lead to believe their products are GREAT and STAND OUT from the REST and HOW GREAT it would be to INTRODUCE this to your FRIENDS and FAMILY!!!
Globallee training methods are a big part of why most people fail, but then again these kinds of businesses are not set up for a majority to succeed. If you are an owner of any business, especially nowadays with the Covid situation, you need to know how to MARKET ONLINE. With Globallee being in the health and wellness category, you will need specific targeting to people that could benefit from their products.
Even with some training, the cost of Globallee’s products makes it a hard pitch to consumers that want good quality products at a more affordable price. The fact is that the price of items offered by MLM companies are usually expensive so that it can compensate their members.
Although 20% commissions on retail sales seem decent, it will take a ridiculous amount of sales to make a respectable monthly income. So if you want to make good money the best thing would be building a team of distributors.
Conclusion
Globallee is not an MLM company I would recommend joining. Recruiting a family member or friend can ruin a relationship which is something that happens every so often when talking about these types of businesses. Chances of this happening are greater due to the high cost to start.
There are some newer network marketing companies that understand the importance of marketing online and will teach you some social media strategies to promote their brand. Although Globallee does not provide advanced online training, if the person that signs you up really knows what they are doing then there is a slim chance it might work out.
With that said, there are plenty of opportunities to make an income online which will require less work and can eventually replace your day job. For a chance to make a passive income to change your life for the better and take control of your own fate instead of having to rely on recruiting…
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Now that you know what is Globallee about I wish you the Best of Luck In Your Business Endeavors.
If you have any experience with Globallee feel free to leave a comment in the section below.
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