Is Monat Global a SCAM? Read This Review Before You Join
Welcome to Monat Global Review!
Every single day we hear of a brand new way of making money online. One of the newest players in this niche is Monat Global. We are going to make a review on this new name in the MLM industry and see what this company has in store for every one of us.
In this review, we are going to delve deeper into their business structure and determine if this company can be lined up among those great home business opportunities. After reading this in-depth review, we should be able to make an informed judgment whether Monat Global is a good opportunity to make money from home or another of those multilevel marketing companies that should let pass.
Is Monat a Scam? Is Monat a pyramid scheme?
If you have this line of questioning at the back of your mind, you will find here the answers that you are looking for. I have been reviewing various ways to make money online and have actually helped hundreds to find the best opportunity for them.
Rest assured that this review will help you see clearly what Monat is and what it is not, so you can also decide whether this opportunity to make money is best suited for your needs or if you will need to look for something else.
Monat Summary Review
Product Name: Monat Global
Founder: Luis and Ray Urdaneta
Price: Read further
Best For: People who want to earn extra money on the side. Ideal for mothers and as a part-time work for professionals.
Summary: It will always work to your advantage if you will take a good amount of caution when planning to join multilevel marketing companies. Pay special attention to their fast rising star, unsuspecting members may be up for some surprise if anything inside the business goes wrong.
What Is Monat?
Monat is a fast-rising multilevel marketing company headquartered in Doral, Florida. They are a direct sales MLM company and are offering a wide range of personal and hair care products. Monat was established in 2014 and was founded by a father and son tandem, Luis Urdaneta and son is Rayner Urdaneta. Currently, they act as the company chairman and CEO, respectively.
Although the company was established in the United States, over the course of a few years, they were able to expand to cover as well the European Union and Canadian markets. In the first few years following its launch, the company enjoyed warm reception in the market. But only recently, a handful of news coverage about this company are slowly putting their credibility into question.
In order for us to have a good grasp of what their business opportunity is all about, we need to take a look at what they are offering inside their MLM opportunity.
How To Get Started with Monat Global?
New members of Monat network are given several tiers to choose from after signing up with the company. Basically, new recruits can opt to join this MLM network with their offered higher membership level. With this type of membership, you will receive a greater number of products every month. You can take them and offer to your circle of friends, co-workers, or relatives or to any of your prospects as demonstration products. You are also free to have them for your own personal consumption.
Monat membership begins at $99 and may go up to $649. It is paramount to being a member that you know your membership should be renewed every month. Along with that, a new set of products will be shipped out to your home or preferred address automatically.
Any payment you will receive from this MLM company from being one of its army of market partners will depend upon the personal sales volume you made for the month. It can be combined with whatever sales volume your downlines made. This goes without saying that the more products you sell for the company, the higher the amount of pay you will get. It will also help you ascend in rank faster.
Currently, high performing Monat market partners can vie for 5 top ranks. Below is an overview of these positions in the company.
Starting off with 200 PV (personal volume) a month, anyone can become a Monat Market Partner.
By exceeding 200 PV a month and reaching 300 PV, you qualify as Managing Marketing Partner
If you really are a hard performer in this MLM company and would be able to reach 400 PV a month, this will elevate you to the position of Associate Market Builder
If you are able to 500 PV a month, you finally become of their Market Builders.
The company is also offering a manifold of commission-based remuneration packages in the form of:
- Direct recruit commissions
- Retailed commission payout
- Residual commissions
- Rank achievement bonus
- VIP customer acquisition bonus
Monat Global Ugly Truths Finally Revealed
Despite the various hurdles and rough roads that Monat team had to go through within the past several months, hundreds upon hundreds of its market partners are asserting the controversial issues did not impede them. It is because they still earned a significant amount of income from the company.
Just recently, the mere mention of Monat Global company became synonymous to controversy. In a span of 4 months, this networking company earned the ire of many as it raked in scores of complaints and lawsuits here and there. To date, there are 5 class actions filed against this company.
Scores of Monat Global product users have filed complaints against this company. They raised several points of concern about the products they purchased and have used, the nature of these complaints stated that Monat Global products can lead to any of the following conditions:
- Burning scalp
- Hair loss
- Severe allergies
In the course of 12 months, users of Monat Global product reached out to the office of The Better Business Bureau to file a formal complaint against this networking company. To date, a total of 552 cases were lodged against this networking team. The issues filed raised concerns over the MLM business opportunities they have on offer as well as on the range of products they are selling to their market.
- 72 billing issues
- 5 warranty issues
- 15 delivery issues
- 55 advertising issues
- Scores of product-related problems
- Service-related issues.
Furthermore, issues with the FDA were put on light and is, in fact, is magnified even more. This is concerning the fact that Monat Global has a range of products that are not confirmed by the agency but the surprising thing here is their so-called “market partners” are making an assertion that the product lines are already FDA approved.
To set the record straight here, FDA does not have any federal power to certify any kind of cosmetic product. Therefore, the alleged claims of these few, selected Monat sales agents are giving false and misleading information about the company’s products.
In addition to this, the office of the Better Business Bureau has not conferred its accreditation yet to Monat Global. They were also given a very low rating by the agency. In the scale of A - F, they garnered an abysmal score of D.
Overall, it is clear to see that by virtue of these controversial issues being hurled against Monat Global engaging with any of their so-called money-making opportunities raises a red flag. Making a haphazard decision to join this MLM networking company runs the risk of falling prey into any of these pitfalls.
What is Wrong About The Monat Global MLM Opportunity?
If you happen to have had prior experience with an MLM networking company before, you will agree with me when I say that the vast majority of them would have you purchase their products solely from their accredited resellers or distributors. In the case of Monat Global, to which they call their sellers as market partners, this is not the case.
Try searching Google for Monat Global products and you will figure out that they are readily available for online purchase. These products, which are supposed to be exclusively available to market partners and are receiving them as part of their subscription, can be found in eBay and Amazon. They can be purchased from these sites at a much cheaper price.
If you are considering to become a market partner or sales agent for Monat Global, this signifies a high form of risk for you. This will keep your prospects from signing up under your name the moment they found out that the products you are offering them are readily available online at a much cheaper price.
What I Like About Monat Global?
Anyone can easily get enticed to join Monat Global networking group for the following reasons:
Generous Compensation Plan
I believe that this is the primary reason why this networking company rose to greater heights of success in just a short span of time. Monat Global is offering everyone an attractively generous remuneration package, and this has attracted the attention of many. The prospect of earning so much has enticed the interest of many people to take a chance on the opportunity they are offering.
Chance to Earn Good Money
Monat Global is one of those few and rare multilevel marketing companies that offer us with an exceptional opportunity to earn significant amount of cash, only that you really have to be extremely good at this. Otherwise, you will not make it to your set financial goals.
Statistically speaking, only about 5% of their market partners (sales agent or distributor) succeed. This signifies that it takes an extraordinary amount of effort to become highly successful in their program. Simply put, you need to have an exceptional talent in selling and/or recruiting to become highly successful in Monal Global.
On a personal level, I don’t have any penchant for selling or promoting anything face-to-face. Most of the time, this will feel pushy. There is so much drudgery, too. Convincing people around you to buy anything from you is energy-draining. So, anticipate the level of difficulty to level up if you try to convince them to join you up and become their downline.
This is the very reason why making money online is a much better option as opposed to any MLM marketing opportunities. It gives you a chance to make good amounts of money without having the need to open your mouth or engage in a face-to-face selling.
The Pros and Cons of Monat Global
It is a relatively young MLM company.
It is way easier to recruit people to join an MLM company while the business is just past its inception stage. If the multilevel marketing business is still young and new in the industry, most people who are into network marketing will find it not just interesting but will seize the opportunity of becoming pioneers in the business.
They know for a fact that their chances for success are much higher if they will join networking teams while it is still new and the foundations of the business are still being laid. As a matter of fact, the prominent names in the MLM sphere are known to join new and sprouting networking business during its infancy stage but not after they have established their roots.
Rapid expansion and exponential growth.
In the span of just 3 years, Monat Global successfully made waves for itself in the industry. Alongside this success, they were able to expand to other territories and expand their market reach. Today they have markets not just in the US, but also have a presence in Canada and the European Union
A handful of pending customer complaints.
There is no denying to the fact that the various customer complaints against Monat Global products created an uproar. A handful of these outraged customers even sought help from the Better Business Bureau where they lodged formal complaints against the company and their products.
Class action lawsuits
As of February of last year, 2018, 5 class actions have been filed against Monat Global company. These cases are pending in the courts of law at the moment.
Long turnaround time for refunds
One of the major concerns being raised against this multilevel marketing business is the long amount of time it takes to process a refund. Consumers are under the impression that the complicated procedure for a refund process is intentional to discourage them from taking such an action.
Is Monat a Scam?
I refuse to believe that Monat is a scam. It is a multilevel marketing company, much like Rodan + Fields. One reason I am making this assertion is the fact that they have hundreds upon hundreds of market partners who vouch that they earn a significant amount of money with the company.
By taking into account everything I learned about this networking company, I can’t honestly encourage anyone to join this organization. Countless numbers of equally legitimate business are out there. Business entities that are also offering the same range of products they have on offer, most of the time at a much more affordable price.
How I Make Money Online?
Monat Global has been engulfed in a lot of negative publicity for the longest time now. Numerous complaints, both from the unsatisfied customers and market partners alike have flooded their doorways, too. These issues they have are forcing us to look for other opportunities better than what this networking can offer.
While it is my firm belief that they are not out to scam anyone out there, the truth remains that getting involved with this company is currently not the wisest and most practical thing if you are keen on making extra money on the side. I invite you to consider instead affiliate marketing. This is a surefire way, no risk, highly-effective way to earn passive income.
I will discourage you from becoming one of the market partners for Monat Global simply because it entails a high level of risk. Until such time they were able to resolve the legal issues plaguing them and customer complaints thrown against their way subsided, finding your personal success in this networking company as a seller is far from reality.
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Do you have any inspiring success story about multilevel marketing companies? Or how about any money-making opportunities that worked best for you. If it is worth sharing, then I would be more than happy to hear you out? If you would like to share anything in this line, I am encouraging you to reach out and send me a word about it.