Bonvera Pyramid Scheme: Does it Worth It Being A Sellout
Bonvera Review:
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Are you looking for a real chance to make some money?
Do you want to make passive income?
Are you looking for something that doesn't involve recruiting people and asking them to buy your products on social media?
These concerns and needs will be addressed in this article.
Bonvera is another MLM company that focuses on health and wellness.
Before you make a final decision, please read this article to find out if this MLM opportunity is right for you.
MLM Review: What is Bonvera?
It's also known as multi-level marketing or MLM. It is a network marketing company that specializes selling products for health and well-being.
Their headquarters are located in Knoxville Tennessee, USA.
When was Bonvera first established?
Bonvera was established on February 15, 2016, and relaunched as a company on May 1, 2018, with new ownership and a different board of directors.
It is a relatively young MLM company with over 20,000 members.
The History of Bonvera
A group of businessmen who had worked together for years in an enterprise started a project to find a better way to do business. They also wanted to "help other entrepreneurs succeed".
It took many years for this dream to become a reality. Bonvera was founded by a group of businessmen on February 15, 2016. Bonvera means "good faith."
Bob Dickie was the founder of Crown Financial Ministries and was a consultant.
He became full-time CEO and coowner on May 1, 2018.
This team has been relaunching Bonvera 2.0 since May 1, 2018.
Bob says, "This company is completely different than it was two years ago."
"We now have new ownership, new board members, new leaders and a new compensation plan. We moved the headquarters to Knoxville. Our warehouse and distribution facilities are industry-leading. Top consultants from across the country have been working hard to help the brand be "best-in-class" and offer world-class products to our customers. We couldn't have been more pleased! This company has been transformed."
Bonvera Review: Who is Bob Dickie, the Man Behind Bonvera?
Bob Dickie, a veteran in the MLM industry, is alleged to have been involved in a scam involving tools while working for Amway.
Scott Johnson claims that CEO Robert Dickie has an unexecutive MLM history, according to Amway.
He was in Amway (Quixtar at that time), and he ran the tool-scam company owned by Orrin.
Dickey's father, the official Woodward preacher, was Dickey's father. Dickey later fell out with Woodward.
Dickey was forced to disclose some of the critical comments made about Amway by Woodward in 2007 when he left Amway. This was a historic free speech case.
Click this link to learn more about the case.
Robert Dickie is the author of two books: Love your Work: Four Practical Ways to Pivot To Your Career, and The leap: Launching A Full-Time Career In a Part-Time Economy.
Bonvera Review: Which Products Does Bonvera MLM Offer?
The product range includes everything you need for weight loss, vitamins, skincare, and coffee.
- Skincare
- Essentials for the Home
- Vitamins
- Coffee
- Superfoods
- Essential Oils
- Energy Drinks
- Products from Third Parties
Bonvera's Chief Medicine Director Dr. Jeff Davis is responsible for developing their nutritional supplements.
Bonvera Review: What are the Third Party Bonvera Products Bonvera sells?
These are just a few of the Third Party Bonvera Products they sell in partnership to Third-Party businesses:
BluePay - Offers a variety financial services.
QuilBed is a bedding supply company that sells bedding.
Marketplace: Offers a wide range of organic, natural, and specialty food products.
Zeva - Offers a variety nutritional supplements.
Bonvera Review: What is a Bonvera Entrepreneur? What is a Bonvera associate?
The brand uses both names interchangeably
They are also called Bonvera Entrepreneurs. These business owners are independent and build their businesses on their own schedules and with their own resources.
Yes, Bonvera can be considered a legitimate MLM business.
This is simply based on the business model and the Bonus compensation plan.
MLM companies are not all legitimate.
An MLM that is based on public sales could be legitimate if it makes you money.
If your income depends on how many people you recruit or the products that you sell, it isn't legal. It is a pyramid scheme.
Pyramid schemes are illegal.
The vast majority of those who join them lose their money.
Bonvera Review: Is Bonvera A Scam?
Let me clarify the question "Is Bonvera a fraud?"
Bonvera isn't a fraud, the answer is "No."
Is the Bonvera Pyramid Scheme Accusation True Is Bonvera A Pyramid Scheme?
It is often difficult to distinguish between legitimate MLM companies and pyramid schemes.
The main difference between them is that MLM companies allow you earn commissions selling real products or services to consumers. Pyramid schemes allow you only to make money recruiting others to the plan.
The company is not a pyramid scheme because you can earn commissions selling its products in retail.
Bonvera Compensation Plan: Can you make money?
Two main avenues to make money with MLM compensation models are:
Retail sales can make you money
MLM Recruitment: Make Money
Refer people to the business opportunity, and you will earn residual commissions for their success.
Let's take a look at the compensation plan.
Bonvera's Compensation Plan
Bonvera MLM pays its entrepreneurs in seven different ways
- Retail Commissions
- PBV Bonus
- Register Customer Bonus
- Differential Bonus
- Partner Bonuses
- BVr1 to Auto Bonus
- National Bonus Pools
Retail Commissions
You will receive a 20% commission on all sales of Bonvera private label products. This applies to any income stream, online or offline.
PBV Bonus
This bonus is calculated as a multiplier of your Personal Bonus Volume (PBV), by a factor known Bracket%.
Your Bracket Percentage is determined by the Total Group Bonus Volume (TGBV).
(TGBV) is the total BV generated through unlimited depth by all your downline entrepreneurs.
- 10000 TGBV = 28%
- 7500 TGBV = 24 %
- 5000 TGBV = 20 %
- 2500 TGBV = 16%
- 1500 TGBV = 14%
- 750 TGBV = 8.8%
- 75 TGBV = 4.4%
Register Customer Bonus
Get a bonus of 50% on your Personal Customer Bonus Volume (PCBV).
Your Personal Bonus Volume (PBV) is multiplied by the total PCBV.
Differential Bonus
You will receive a bonus based upon the difference between your bracket% and that of each Entrepreneur in the downline.
Partner Bonuses
Partner Bonus
As long as you meet the following conditions, you can earn a $1000 monthly bonus
- One team should have at least 10.000 BV.
- You should also have at least 2500BV if you are not part of this team.
- Attain the rank Partner
Senior Partner Bonus
As long as you meet the following conditions, you can earn $250 and the $1000 Partner Bonus.
- One team should have at least 10.000 BV.
- You should also have at least 5 000BV if you are not part of this team.
- Attain the rank Sr. Partner
BVr1 to Car Bonus
You will receive a $400 bonus monthly on your car if you meet the following conditions:
- Have an active BVr1 (auto-shipment order)
- A minimum of 25 BVr1s should be processed in a team.
- You can place 25+ BVr1 orders in your other teams for three consecutive cycles of BVr1 (no idea what this means).
You can redeem the bonus for a blue or green Lexus, Lincoln or Cadillac, BMW or half-ton pickup truck.
National Bonus Pools
The company splits its commissionable dollars between 16 pools.
The pool amounts are divided equally among the pool participants.
You must have at minimum two teams that produce 10.000BV per team and be a Professional or higher to be eligible for the National Pool Bonus
Below is a table that lists all the requirements for pool qualifications, allocations and shares.
Keep in mind that Bonnevera's compensation plans may change from time-to-time, so some of this information, such as rank qualifications and commission rates, could be out of date.
How do I join Bonvera MLM? And how much does it cost to join?
How to Join?
Go to the official site of the company and click on the button "Contact a Bonvera Entrepreneur".
Complete the required information on the form and click "Contact Us".
After that, a Bonvera Entrepreneur near to you will call you or text you to let you know the next steps.
What is the cost to join an MLM?
You must first buy one of the following enrollment kits to become a Bonvera associate:
- Bonvera Sampler: $149.95 (one-time payment)
- It contains a Kutano Memory & Focus bottle, one box each of Phyzix Vanilla Wafers and Phyzix Zero, as well as a 12-ounce bag Thrive True North Ground Coffee.
- Phyzix MDPack: $149.95 (one time payment)
- Includes Phyzix MultiVitamin and Phyzix Omega Max, Phyzix Phyzix MD Calm & clear - Mixed Berry, Phyzix Phyzix IM-D
- Luebella Skin Care Pack: $149.95 (one-time payment)
- Included are a Luebella Anti-Aging Cream, Revitalizing Facial Cleanser and Night Cream.
Remember that you must have at minimum 100PBV (Personal bonus volume) to be eligible for commissions in any given month.
Personal Bonus Volume = The total number of products you have purchased from your Smart Shoppers and retail customers.
This means that you will have to purchase products until you reach 100PBV via your Smart Shoppers or retail customers.
Bonvera Review: My Recommendation
Bonvera Associates are a great way to make passive income, get decent discounts on products that you'd buy otherwise, and possibly even earn extra money selling those products.
Bonvera membership is not recommended if you are not a Bonvera member.
Bonvera isn't a scam. However, it can be hard to make passive income and money with this business opportunity. This is especially true if you don't like aggressive sales pitches and recruiting friends.
Recruitment is the only way to keep your business afloat.
You have to do it, even if you know that 93 per cent of members will lose their money.
MLM opportunities are difficult to find, no matter what company they come from.
This is due to a lack in training and failure to teach the skills necessary to make passive income online.
Bonvera can help you make money, but it is not clear how long it will take to generate passive income. This is the problem with MLM.
Steady Calls is the #1 recommendation for making money online in 2022
Our review team discovered a program that is top-notch in the real estate industry!
It's digital, but not real estate.
Bonvera's weak point is its scalability.
You have a limited amount of time and you only have so many people to reach.
MLM companies understand this! MLM companies know this and will push you to recruit others for your downline. You won't make it big as a one-man/woman show.
What if you could make more money from your local websites? Without spending hundreds of dollars on expensive products or spending a lot of time recruiting people who will sell under you?
This digital real estate program will allow you to make a recurring monthly income, even if you don't sell as often to your friends or recruit!
Does it sound too good to be true It does, of course! It isn't, in fact, many business owners wish they had this skill.
You can simply build and rank a local website, and then forward the jobs to a business owner.
This applies to any service-based business such as tree service, plumbing, or towing.
What are the best ways to get paid?
It's simple, once you have sent the jobs to a business owner, he makes some money from them, you just ask for mutual benefit.
Based on the industry, a fair price per lead is between 10-20 %... let's take the tree service industry as an example and use the worst-case scenario.
Let's suppose you rank the site, and that only 10 jobs per month are received. Tree service jobs can range from $500 to $2000.
This means that you should have at least $500 per month in assets!
It's digital real estate, which is why they call it now. This is a rent payment.
It is easy to scale. There are no worries about:
Remember Bonvera? Only if you reach a monthly quota do you get any of the pie?
You can actually get huge FLAT RATE DEALS by taking the course that we recommend. This is truly passive income!
This training program will take making money online to another level. You will be guided by the owner of the program, who will also share his screen and occasionally speak to you.
Learn the importance of keywords and website names, how to send calls notifications via email, backlinking and more.
After the training program is complete, you will have access to a Facebook Group that we think is better than Bonvera MLM. This group is more active.
You could get 10-20x what you would receive from Bonvera.
Businesses will always need more leads and more jobs. It doesn't matter if the job isn’t coming from their website. They see it as it is...expanding their digital real estate.
Like Bonvera's, many people are able to leave their 9-5 jobs.
You can have passive income from digital real estate, but most of your time will be spent with your friends and not selling to them.
You probably have a lot of questions.