Company :Organo Gold
- Founder : Bernardo Chua
- Recommendation Scale: 4.5/10
- Category : Health and Fitness / Offline Home Business
- Founded : 2008
They specialize in providing supplements and beverages based on the Ganoderma mushroom, a mushroom that has been used in traditional Chinese medicine for thousands of years. Open in 13 countries for business: the USA, Canada, Germany, UK, Scotland, Greece, Jamaica, Mexico, Dominican Republic, The Netherlands, Austria, Philippines, and Peru, while expanding in 2012 to numerous countries. Organo Gold has formed a collaboration with the Napoleon Hill Foundation.
Though they sell different health supplements, in both capsule and powder form, as well as skin care products, their real claim to fame is the Organo Gold Coffee.
Let’s Get to Most important part – Compensation Plan
The philosophy behind Organo Gold’s Binary Compensation Plan is to encourage and promote the sale of Organo Gold products on a reoccurring basis. To begin as an Organo Gold Distributor, you must first purchase a Promotional Builder Pack at one of three different levels.
The Bronze Pack will cost $199
the Silver Pack $499,
the Gold Pack $1299
As with most MLMs, you are required to purchase your products wholesale upfront, and then sell them to customers you seek out at the marked up retail price. The retail price of Organo Gold products must be at least 50% marked up over the cost of wholesale items, however, if you choose to sell the items at a steeper price mark up, you may do that as well.
OrganoGold makes many claims on their website about their products. Unfortunately, Organo Gold products are not FDA approved, and the term “organic” in the United States only applies to products which have been verified organic based on a set of standards.
In addition, many of their distributors sell Organo Gold products from websites, and many of them make significant health related claims about the powers of Ganoderma and Organo Gold.
For the record, Ganoderma has never been “proven” to do anything health related. Many universities in the US are currently running studies on this mushroom and the benefits it may have, but there haven’t been any studies done by the medical community in the US or China that have proven Ganoderma’s health benefits.
In fact, a study by the University of Pittsburgh showed that prolonged use of Ganoderma could actually cause health complications, like blood thinning and liver problems, as well as short term problems like nose bleeds, dizziness, and upset stomach.
It is not a scam for sure. But not newbie friendly and expensive.
Those newer to the marketing world can get easily overwhelmed. You will have to do a lot of offline marketing which includes hosting parties and talking to friends.
If you have a good budget and can recruit new people offline, then this is not bad. Otherwise you will end up losing money. We are affiliate of organo gold too but we always give our honest opinion.
For our taste, we like simple programs which are risk free, low cost, offer refund policy. We also like programs that accept Paypal as payment processor. We don’t recommend selling to friends and family.
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