Since you have ended up here, you are probably looking into the Wela MLM opportunity. Or perhaps you are already a part of their team. There is information in this Wela review here for you, and it will help you in making a decision. However, I want to be clear that I am not part of the Wela business. You can read the information without wondering if I am trying to pitch my own MLM opportunity. This information is as accurate and impartial as I can make it with the information now available.
THE COMPANY
Wela is still a fairly new company. They have a supplement product that competes in the health and wellness niche. The principals have diverse business backgrounds, and this diversity provides a solid foundation for the company. John Penny is the CEO and a co-founder. He is a successful entrepreneur and has a very successful history as a Network Marketer. Mark Bullett is a co-founder and is the IT Director. He brings 15 years of IT experience, and he is the man behind Wela’s technical side. Another co-founder is Ryan Burgard, the Marketing Director. Like Mr. Penny, he has extensive successful Network Marketing industry experience. The man who heads up the everyday operations and customer service is an 8 year insurance industry executive named Dan Matthews.
THE WELA PRODUCT
Wela offers a product called Slimberry. Every company is looking for a Unique Selling proposition. Wela may be on to something because their product is not simply a juice product. It is a concentrated juice product. If it is as effective as other juice products it has an advantage because it is more portable and costs less to ship. It doesn’t make much sense to spend money shipping water unless you are in the water business. It is also easier carry Slimberry with you in case you want to put a few drops into a bottle of water you already have. That’s right – it is a dropper bottle. Easy and no mess. Packaging is sometimes as important as the product.
Speaking of the Wela product, it is a combination of Acai berry, Maqui berry, pomegranate, and New Zealand black currant. There is another ingredient called Moringa, which was apparently used by ancient Indian cultures to treat diseases. Slimberry’s array of vitamins, minerals, and antioxidants are said to help with anti-aging, energy, weight loss, and disease prevention.
THE WELA COMPENSATION PLAN
The company uses a binary plan, which is very common in the MLM business. Just like with any comp plan, you should understand how it works before you join. If there are surprises, it is better to see them before you get involved. “Revenue Sharing Partners” is the term Wela uses to identify its distributors. And the plan is designed to generate revenue. There is a residual income component, which means that Wela is not a pyramid scheme of some kind. There are bonuses available as well. There is a Fast Start Bonus, a Preferred Customer Bonus, a Global Pool Bonus, and a Generation Matching Bonus. There is also something called “Guaranteed Tour Takers” which are leads provided to you once you are signed up for the monthly autoship. You get 10 per month with your autoship, and you can buy more each month. These leads are purchased from an outside lead company.
IS WELA A REAL OPPORTUNITY?
The good news is that the Wela management team is a very credible group. They also have different backgrounds, so several areas of management are already well covered. The product looks to be a good one, and it has the advantage of being a concentrate. Of more concern is the fact that you would be competing in a crowded, highly competitive market. Understand that any viable market is going to attract competitors. The problem is in being able to distinguish yourself from the others. Also the term “Guaranteed Tour Takers” sounds good, but these are purchased leads. Some people do well with them, but most people don’t. Many of these leads do not remember that they signed up to be contacted about a business opportunity. This is just the way things are. But there is another way to generate leads. You do this by branding yourself, not Wela. Leave that to them. A top Attraction Marketing system will show you how to generate your own leads from people who want to hear what you have going on.
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