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In this Plexus MLM review, I’m going to answer the question, is Plexus legit? I’ll share the pros and cons of this opportunity to help you if you’re on the fence.
Because it’s no secret. The MLM industry is no stranger to weight loss supplements. It seems like the majority of the companies in this space are pushing powders, pills and potions of some sort.
But is Plexus a cut above the rest or just another me-too MLM? Well, I’m about to break it all down for you and tell you what I was able to uncover.
Let’s dig in.
What is Plexus
Plexus Worldwide, LLC is a multi-level marketing company that manufactures and supplies health and wellness supplements and products. The company sells products in the following categories: weight management, nutrition, and personal care.
The company was formed in 2006 and is headquartered in Scottsdale, Arizona. Plexus Worldwide, LLC has been recognized as the 39th highest revenue generating direct selling company in the world. So one would imagine the company is generating some serious revenue.
Let’s talk about their products.
Plexus Products
The Plexus USP (unique selling proposition) is that their products increase gut health. There have been some claims around this, but as with all mlm companies it’s best to steer away from claims without clinical evidence.
The company’s flagship products, which are in the weight management category, are Plexus Slim and Plexus Accelerator. Here are some of their other popular products:
- Plexus Boost
- MegaX
- Plexus Block
- Bio Cleanse
- Plexus Breast Chek Kit
#NationalRefreshmentDay makes it super easy to host your very own Sip and See! Catch up with friends and discuss your health goals while sipping on the delicious Slim Family Combo. 😋😉🥤#SlimFamilyCombo https://t.co/UblDBPMAxs pic.twitter.com/lFabqIoWNo
— Plexus Worldwide (@PlexusWorldwide) July 26, 2019
How To Join Plexus
To get started, simply visit the Plexus Worldwide website to join as an Ambassador. You can also get back to the person who referred you to the company to connect with them to join.
You will need a sponsor as Plexus is a multi-level marketing company. And when you sponsor new Ambassadors into your downline, you grow your organization and earnings potential.
To get started as an Ambassador, you’ll need to pay $39.95 annually for membership and purchase a Welcome Pack. There are two options: $99 or $199. And in order to qualify to earn commissions you must remain an active Ambassador with 100 PV (personal volume) per month.
Other benefits that you get when you join are:
- An average discount of 25% on all products.
- Ongoing training.
- Access to free tools and support to help you succeed as an Ambassador.
Plexus Compensation Plan
With Plexus, the business model is a binary mlm plan where you are incentivized to bring in new distributors and move product. As an ambassador you can climb the ranks and increase your earnings potential. There are currently 10 ranks with the company.
Plexus Ambassador Levels
The 10 Ambassador levels within Plexus are as follows:
- Ambassador
- Senior Ambassador
- Silver Ambassador
- Gold Ambassador
- Senior Gold Ambassador
- Ruby Ambassador
- Senior Ruby Ambassador
- Emerald Ambassador
- Sapphire Ambassador
- Diamond Ambassador
Here’s an example of the average earnings per year based on the ambassador level with Diamond earning the highest as expected.
In addition to climbing up the Ambassador ranks, there are 10 ways to earn with the company. The ways to earn with Plexus are as follows:
- Retail Rewards Commissions
- Retail Rewards Override Commissions
- Preferred Customer Bonus
- One-Time Achievement Bonus
- Business Building Bonus
- Plexus Points
- Emerald Pool Bonus
- Sapphire Point Bonus
- Diamond Pool Bonus
- Earn a Diamond Re-Entry Position
In addition to the ways to earn listed above, the company also offers bonuses such as:
- Plexus Car Bonus Program – for those who qualify you can get a Lexus and earn a monthly car bonus payment based on your rank and if you meet the program’s guidelines and criteria.
- Plexus Lifestyle Bonus Program – receive a monthly lifestyle bonus based on your rank.
This plan goes 7 levels deep and as you can see above, there’s a lot going on with this plan. For an in depth review of the compensation plan, take a look at the Plexus Compensation Plan PDF (16-pages long) which is available for download.
Here’s also an excellent video overview of the compensation plan.
Is Plexus Legit?
Plexus is a legitimate company and isn’t a scam. I put the company to the test and looked at a few different things to see if they’re a solid company. And while these aren’t the end-all-be-all, hopefully they give you a better gauge.
Better Business Bureau
At the time of this review, Plexus Worldwide is not accredited with the BBB and is A+ rated. With the reviews being mostly positive.
Ambassador vs Customer Ratio
In the Plexus 2018 Income Disclosure Statement, the company states that 61% of their members are customers versus 39% being Ambassadors. This demonstrates that the company has a solid product. And unlike a pyramid scheme, most of their revenue comes from happy product users with no interest in necessarily growing a business as an Ambassador.
This speaks to the quality of their products and also suggests Plexus is a solid company. I like to see this type of a ratio when looking at an opportunity.
Revenue Growth
This Scottsdale based health and wellness company reported revenues of $562 million in 2017, a $30 million increase year-over-year from 2016. The ranking was calculated by Direct Selling News Magazine’s Global 100. At the time of this review, the company has over 700,000 Ambassadors.
This is a collective effort by this publication to show the impact of the $184 billion direct selling channel that spans 17-countries. This ranking shows growth for Plexus Worldwide, which has been in business for over 13 years.
Ranked at position 132 on the Inc. 5000 for 2015, Plexus Worldwide enjoyed 2,833% growth from 2012 to 2015. It has continued to grow since then. In 2015, its revenue was $384 million and in 2016, revenues were $532 million. This is an increase of more than 38%. By 2017, Plexus Worldwide achieved $562 million in revenue.
The company finished 2018 with $527 million in revenue, which is flat year-over-year for the last 3 years. But as you can see this is a growing company and I put them on my list of the fastest growing mlm companies in the space.
- 2018: $527 million
- 2017: $562 million
- 2016: $532 million (38% growth)
- 2015: $384 million
Pros and Cons of Plexus
Pros
- Plexus offers a generous 60-day money back guarantee for customers and Ambassadors.
- The company is very transparent about earnings in their compensation plan and disclosure.
- The weight loss market is a ginormous market with tons of buyers looking for a quality product.
- The company’s Ambassador vs Customer ratio suggests a high quality product with more happy buyers than business builders.
- The product line is of high quality with a focus on increasing gut health.
Cons
- Their compensation plan is on the more complicated end of plans compared to other companies.
- The product line isn’t well differentiated in the market place with cheaper options available.
- The health and wellness niche is fiercely competitive with cheaper alternatives.
- Most Ambassadors don’t earn a substantial income with only Ruby or above really earning a solid income. In the Plexus 2018 income disclosure 50% of Ambassadors made less than $146.
- The company doesn’t have a marketing system and lacks automation to help you grow your business online.
Conclusion
Plexus Worldwide is a legit business opportunity. They have a good product line and they’re an award winning company.
Over the last few years they’ve seen some serious revenue growth and if you believe in their product line, you might have a winner. I usually see a lot of health and fitness coaches or personal trainers promoting these types of MLM opportunities and products.
But at the end of the day, you need a company that has a solid platform for you to run on. I recommend you give Plexus a try if you fall in the health-minded trainer/coach category. If not, you might be better suited with a company in a niche that isn’t as saturated and has a truly differentiated product.