In the Network Marketing Channel, where transparency and financial stability is increasingly valued, network marketing company Tava raises eyebrows as vendors seems to be not getting paid for months, and rumours are surfacing about a possible asset transfer to an other MLM company.
In 2022, Tava, a US-based company headed by CEO, Kenny Lloyd, maintained its revenue at $3 million from the previous year, indicating no growth in terms of revenue. According to the available data, an estimated $1 million worth of commission could have been disbursed that year, with the company’s compensation plan shown to have paid out 35%.
Checking out Tava’s social media channels we noticed low number of likes and views, such as on Tava’s Instagram and Tava’s Facebook. Unfortunately, the company’s performance does not seem to be transparent, with significant information from regular press releases lacking and very scant data on top earners.
According to the Business for Home ratings, Tava was given a grade of B, with the justification being that not enough information on the company was available, as financial instability reported.
Tava ranks 178th in terms of momentum among more than 800 worldwide network marketing companies listed in the BFH database, while its global ranking according to Similarweb is down to 5,513,296.
Facts and figures as of the day of publication of this article. The ranks are calculated based on 800+ world-wide network marketing companies in the Business for Home database.
- Business for Home Rating: B
- 2022 Revenue: $3 million
- Revenue difference compared to 2021: 0%
- Compensation plan payout: 35%
- Potential commission payout in 2023: $1 million
- Current Business for Home Momentum Rank: 178
- Number of Recommended Distributors: 3 (Rank 50)
- Number of Top Earners: 0 (Rank 198)
- Business for Home Pageviews: 15,007 (Rank 116)
- Similarweb Rank: 5,513,296 (Rank 453)
- YouTube views: 54,854 (Rank 318)
- Tava has 61 reviews on Business for Home (Rank 49)
- CEO of Tava: Kenny Lloyd
- Company Country: US
Data provide by the proprietary Business for Home Intelligence Engine
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Despite Tava’s reported revenue of $3 million in 2022, there are several concerns regarding the transparency and information available about the company sustainability. The lack of clarity in this area invites skepticism and caution when considering Tava as a network marketing opportunity.
Additionally, the article highlights the limited information and data available about Tava. The company’s performance does not seem to be transparent, with significant information lacking in regular press releases and no data on the (top) earners. The Business for Home ratings gave Tava a grade of B, citing a lack of available information as the main reason.
The scarcity of recognized top earners further emphasizes the lack of transparency. Overall, based on the limited and incomplete information provided, it is difficult to determine if Tava can offer a profitable opportunity. The article suggests that the company’s operations and financials raise concerns and may not be conducive to making decent money.
As with all opportunities, success cannot be promised or guaranteed. Success within the Network Marketing channel results only from successful sales efforts, building up a customer and affiliate team, which require hard work, diligence, skill, persistence, competence, and leadership.
Get more information, facts and figures about Tava, click here for the Tava overview.
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