Cashback review This Lyoness review will answer the hard questions about the worldwide cashback company! Keep in mind I have read and researched all over the Internet…. You ultimately have to decide what you think about Lyoness after doing your own research.
The first time this happened I added Lyoness to my review list and when the time came went over their site to start my research.
A few hours and a massive headache later, I closed my browser window and gave up. Taking recent strides to beef up their US presence however, Lyoness has finally realised that their business presentations and information desperately needed a massive overhaul.
The Lyoness Compensation Plan Whereas the Lyoness international compensation plan is confusing and presented poorly, Lyoness in the US have stripped out some of the more confusing aspects of the plan and streamlined it down.
Accounting Units Accounting Units are where the Lyoness compensation plan starts to get a little complicated. Starting with you, every member you recruit is placed below you and forms your downline, along with any members your recruited members recruit and so on and so forth.
For the purposes of accounting units, Lyoness use a binary compensation plan system. Starting off with the initial two member positions under you, lyoness business presentation us of these sides is a seperate team.
At each level members are awarded a bonus as well as an increase on the amount they earn per accounting unit they receive a bonus on. Members gain membership ranks based on the number of accounting units they have converted into cash returns.
Joining Lyoness Membership to Lyoness is free. There are no fees whatsoever to become a member of the company. Conclusion On the surface, Lyoness looks like a regular enough cashback member rewards scheme and that part of the business I have absolutely no problem with.
If this was the extent of the Lyoness compensation plan then, apart from it not really being MLM my conclusion would stop short here. From a rewards viewpoint, the idea that members can earn an additional commissions as members in their downlines accumulate accounting units is solid.
What Lyoness then do however is allow their members to purchase these accounting units themselves. Then after between people in your downline make a similar payment, you are paid a lump sum cash payment as a loyalty commission, as well as a lump sum to be used in their retail network.
This return is generated and paid out solely on the condition of getting other members to invest in their downline. Effectively, the Lyoness compensation plan can be broken down into five investment plans: Also if the initial investor does not meet the cash return requirements loyalty commissionsthese ROIs are still paid out but go to the first available qualifying upline member.
Obviously not all of these counted units are going to be straight cash injections into the company and no doubt a lot of legit cashback accounting units are created, but the fact remains that the above scenarios are readily occurable.
Lyoness do state that down payments are neither investments nor loyalty credits, they are down payments on a specific gift card order for future purchases. Not a straight out Ponzi granted what with the sprinkling of legit cashback earned accounting units added to the mix and no fixed ROI timeframe, but a largely member funded scheme nonetheless.Search PowerPoint and Keynote Presentations, PDF Documents, PowerPoint Templates and Diagrams on authorSTREAM.
Lyoness presentation new-genirc-lyoness 1. LYONESS CASH BACK EVERY TIME 2. Hi My name is Richard Meaden and I am a local business man from The New Forest near Southampton and I like to start by telling you what I do.
Lyoness. likes. Loyalty rewards program dedicated to providing a rewarding & mutually beneficial relationship between their community of. As Network Marketing industry is growing worldwide, so is the number of Millionaires & Billionaires this industry is Producing & this industry continues to be the number 1 industry in terms of Producing MAXIMUM number of Millionaires & Billionaires, as compared with any other industry in the world.
In addition to claiming to offer “discounts” in stores, it also claims to offer a “business opportunity” to all members. It now claims nearly 3 millions members. The Lyoness scheme, like FHTM, claims to have affiliations with name brand companies which Lyoness members can get rebates or discounts from when they shop.
Lyoness is free to join. You have 4 different ways to use and get cashback with Lyoness. #1 Purchase big name gift cards through Lyoness in your web office.
#2 Shop online through the Lyoness with all the companies we have an agreement with.