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NEW NETWORK MARKETING OPPORTUNITY:
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Why Monat could be the next big thing in MLM
Monat is a hair care and cosmetic MLM founded in Florida in 2014. The name stands for �modern nature� (and is pronounced MOE-NATE).
These guys are on the rise and a nice 40% discount for distributors makes Monat an intriguing opportunity for a home based business.
So have I been involved?
This video explains:
All good? Let�s continue�
Brother-son duo Luis and Rayner Urdaneta started Monat back in 2014, so it�s fairly new.
However, the Urdanetas are not new to MLM or business, by any stretch of the imagination. They�ve already been running one successful MLM for quite some time now � the Latin American cosmetics giant L�eudine. That company is pushing $200+ million in annual sales.
L�eudine, along with B&R Products, make up the conglomerate Alcora that the Urdanetas also own. They�ve decided to launch Monat under this umbrella, meaning they started out not only with tons of experience and knowledge, but a good business foundation and some capital as well.
All of this led them to hit $25 million in annual sales with Monat after just one year in business. Last year, they surpassed $40 million and won the Gold Stevie award for Startup of the Year.
These guys have come out the gates strong and built up LOTS of hype on social media. But it�s not shallow hype � they�ve actually got a great product and some really loyal beauty bloggers behind them.
How much does Monat cost?
The business builder kit with Monat costs $99 and comes with all the marketing and training materials you need. After that, you�ll also have to pay an annual fee of $19.95 to stay active.
Now, for the product: all natural, luxury hair care products that focus on restoring damaged hair and promoting hair growth.
The hair care industry is a huge one with lots of potential for growth, and it�s an industry that MLM hasn�t really managed to tap into very well until now.
Plenty of MLMs sell hair care products, but they�re usually cosmetic MLMs or more general beauty MLMs (see: Oriflame, Modere, and Perfectly Posh). Because they have such a wide focus, their hair care products aren�t always spectacular.
These guys at Monat focus solely on hair care, and they do it well. On top of that, they�ve hit the market with something it desperately needs: hair products that are cruelty free and don�t contain harmful chemicals and fillers such as parabens, sulfates, silicone, harsh frangrances, etc.
Their products focus on restoring damaged hair (huge market for this with all the women who dye, bleach, and straighten their hair nowadays) and fighting hair loss and hair aging. As you get older, your hair naturally becomes weathered and damaged and the follicles close up, meaning your hair doesn�t grow as easily.
The market for anti-aging skin care and cosmetic products is HUGE, and women will shell out a pretty penny for the stuff if they think it�ll work. So expanding that into anti-aging hair care only makes sense. They�ve also targetted some conditions that affect hair health, such as dandruff, thyroid issues, and alopecia. People with these issues have very few options for hair treatments on the market � and if they want a product that�s naturally-based, Monat is it.
Their signature product is the Rejuvinique oil. It goes for a pretty penny, but it�s ultra-concentrated and highly effective. Beauty bloggers rave about this stuff. It�s Monat�s proprietary blend of 11 oils and nutrients that help restore damaged hair and renew hair follicles to increase growth. The before and after photos are pretty impressive.
Other popular Monat products include their Renew Shampoo, Restore Leave-In Conditioner, and Refinish Control Hairspray.
The big downside to Monat�s products is the price tag. Luxury hair care comes at a luxury price. The cheapest stuff you�ll find runs for about $30, and some of their products and hair care systems get as high as $100+. However, a lot of their loyal customers stress the fact that Monat�s products are super concentrated and aren�t filled with fillers, so you only need the smallest bit of product for each use, and you can even water their product down a bit to make it last longer.
If you become a VIP customer with Monat, meaning you sign up for their monthly auto-ship of your product order, you�ll get a pretty generous discount that helps witht he price a lot.f course, if you enroll as a distributor, you get pretty generous discounts on these products.
However, if you sign up to be a distributor, you get an even bigger discount on product: 40%. This means that your sales commission is also 40%, which is one of the highest rates in MLM. That being said, you only qualify for 40% commission if you sell enough product on a monthly basis, so you�ve really got to hit the ground running if you want this discount rate.
Aside from commission on personal sales, there are four other ways to earn with Monat�
Sponsor and Develop
If you actually want to make a decent amount of money selling Monat, this is how you do it. You�ve got to build up a massive team below you. But not just that, you also have to be able to train and motivate them to succeed, otherwise you�re not going to see much money from them. You�ll get 12% in uni-level commissions off your downline and 4% in generational bonuses that go 5 levels down. You can also get a 5% network bonus, a $100 fast start bonus, and a $150 fast builder bonus on your new recruits.
If you�re really good at training and motivating your team members to perform, you can earn $500 and $1,000 Builder Bonuses. It�s not easy to qualify for these, but they�re very generous.
These are matching bonuses that you get from the sales performances of your direct sponsors. They can be anywhere from $150 all the way up to $500.
VIP Customers Sales
If you�re able to get your customers to sign up for a monthly auto-ship of products, they become VIP customers. You get a recurring monthly commission of 15% off their subsequent orders for basically doing nothing.
Like I said, I think this MLM has really got something great up their sleeve. I could see Monat sticking around for quite some time, maybe even becoming one of the greats one day.
That being said, the chances of you hitting it big with them, or even being able to pay your bills, are pretty slim to none. It�s a good side hobby if you�re already buying their products. If you happen to be a famous beauty blogger who already has 100k+ followers and an online business that gets traffic, absolutely jump on this train, as you�ve already got your client base built in.
However, anyone else isn�t going to see much money coming in. It�s hard to convince people to buy products that cost $100, especially from a brand that hasn�t been around for very long.
Even if you can somehow manage to sell $2,000 worth of product one month (which would require lots of spamming your friends and family, who won�t stick around and listen to your sales pitch forever), that�s only $800 in your pocket for the month.
If you�re just doing it for the money, though, there are better ways out there without the selling parties, 3-way calls and prospecting friends on Facebook.
We believe in genuinely caring for our community and promoting a balanced and healthy lifestyle.
Hall. (The synopses here are made from the Heine texts) Im wundersch�nen Monat Mai (Heine, Lyrical Intermezzo no 1). (In beautiful May, when the buds sprang