MonaVie Income Disclosure 2010 Busted!

Suppose you are a new MonaVie distributor or Prospect and you want to have an answer on the question: What do I realistic earn when I am climbing the ranks? In June 2011 approx. 38,500 new distributors and customers sign up worldwide which is a great result. So you take Monavie's recent Income Disclosure.

 

MonaVie has publised the Global Income Disclosure Statement for 2010. According to Monavie: The Income Disclosure Statement is a reflection of MonaVie’s rewarding opportunity. The following chart represents the average global earnings of the ranks of MonaVie Distributors worldwide and provides high, low, and average weekly income information, as well as annualised averages.

During 2010, approximately 86% of individuals who executed a MonaVie Distributor Application and Agreement, and made at least one purchase in the last twelve months, are considered wholesale customers.

On the Monavie website you find the next numbers of distributor ranks:

• 700 Ruby Executive's
• 316 Emerald Executive's
• 191 Diamond Executive's
• 232 Blue Diamond Executive's
• 38  Hawaiian Blue Diamond Executive's
• 35  Black Diamond Executive's
• 13  Royal Black Diamond Executive's or above

A “Distributor” is defined by MonaVie as any person who:

• Executed a MonaVie Distributor Application and Agreement
• Has sponsored at least one person
• Has received at least one non-retail bonus
• Has been active in any of the eight weeks preceding the bonus period

If you analyze the Average Pay-out with very conservative estimated numbers for the Distributor to Gold executive ranks you get the next figures:

* = Estimated number of ranks.

 

Monavie's official response: The MonaVie IDS is based on “Paid-As” rank, and not “Achieved” rank. In this way, the IDS represents to distributors what they would earn if they were paid at those ranks for any given week. This is different from conveying to distributors what the average earnings of our individual distributors are at their achieved ranks

Finally, thank you for making us aware that this could be confusing to our distributors. We will review the issue and consider for the next revision.

Monavie's Global Annual Revenue in 2010 is somewhere between $550 – $600 million.

Paying out $515 million+ is not very likely….

If Business For Home does not understand MonaVie's Income Disclosure how can the average distributor or prospect gets a good picture? It seems the income disclosure is misleading….

We also compared the earnings 2009 and 2010:

In the last sentence on the Income Disclosure Statement we find a possible answer to the question: What would be an average for a MonaVie Distributor?

The average annualised income for ALL (paid) Distributors during this period was $1,953

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