Is Belcorp MLM a Scam? In my Belcorp MLM company review, you will see that this network marketing opportunity has been around for many years and it’s one of the most popular home business opportunities available today. Let’s dig deep into this company and explain what they are all about.
Disclaimer:
Please keep in mind as you read my Belcorp MLM Review, that I am not a member or an affiliate of Belcorp MLM. This review is based on research and information available online in the public domain. Any opinions and conclusions may not apply to all persons or situations. So read this review in its entirety and you make your own decision. It might even be helpful to read other Belcorp Reviews.
What is Belcorp MLM?
Belcorp is a multi-level marketing company that sells cosmetics products. They were founded in Perú in 1967 by Eduardo Bellomont. In 1991, he opened his first store in Lima, and today, it has grown into one of the most successful companies in Latin America. The company sells cosmetics, skincare, hair care, perfumes, candles, and even jewelry.
In 2008, the company began selling its products in the United States under the name “L’bel.” It is now headquartered in San Francisco, California.
However, since 2010, the company has seen a decline in profits due to competition from big brands such as L’Oreal, Estee Lauder, Avon, etc. In addition, there was a huge drop in the number of distributors following the economic recession.
How Does Belcorp Work?
Belcorp offers three different types of programs. Each program includes a free trial period where you can try out the system without any commitment. After that, it’s up to you whether you want to continue selling online or switch over to another program. Here’s how much it costs to join Belcorp.
The Starter Kit ($59.99): This package includes everything you need to start selling online. You receive a welcome email with instructions on how to set up your store, plus access to a customer support team. There are no additional fees.
The Advanced Package ($199.99): This package gives you more features and tools to help you grow your business. You’ll get a dedicated account manager, access to a live chat feature, and a 24/7 technical support hotline. Plus, you’re able to add unlimited listings and inventory.
The Pro Package ($399.99): This package allows you to customize your store with unlimited listings, unlimited inventory, and multiple payment options. In addition, you’ll gain access to a full marketing campaign including social media ads, banners, and paid advertising.
Is Belcorp A MLM?
Yes, Belcorp is an MLM. MLM stands for multi-level marketing. You might know it better than network marketing. In short, it is where individuals sell products directly to consumers. They don’t have to go through retail stores or big companies. Instead, they sell products directly to customers.
In some cases, there is no cost to join the program. However, many times, you have to pay a fee in order to become a distributor. Once you do, you earn commissions selling the product. These commissions vary depending on the type of plan you sign up for. Some plans even give bonuses for recruiting others into the system.
The great thing about MLMs is that they provide you with a product and they promote it heavily. This makes them very attractive to those looking to make money online. But here is the catch.
Not all MLMs are scams. There are legitimate ones out there too. But many of them are pyramid schemes. A pyramid scheme is a form of fraud where participants must recruit new members to continue receiving payments. As soon as someone signs up, he or she receives payment. But once everyone else does, they get nothing.
Is Belcorp MLM a Scam?
Belcorp is one of those internet marketing programs that promise big money online. But is it really worth risking $50 to see what might happen? I’ll show you exactly why Belcorp isn’t a scam and why it is not possible to make any serious cash with this company or most MLM business model opportunities.
Is Belcorp a Pyramid Scheme?
Belcorp is one of those companies that you hear about, but don’t really know much about. So, what exactly does it do? Well, it’s actually quite simple; it sells beauty products. But unlike most other similar companies, Belcorp doesn’t focus on just selling products, but rather focuses on recruiting people into the company.
In fact, Belcorp claims that it has over 150,000 active members worldwide. And while some might think that this is great news, others are skeptical. Is this a pyramid scheme? Let’s find out…
Can You Make Money With Belcorp?
Belcorp is one of those companies that seems like it’s been around forever, but just recently launched. It offers a variety of ways to make money as a consultant.
One way is by selling products directly through their site. They offer a wide range of products, including vitamins, supplements, beauty products, weight loss products, etc.
Another way is through affiliate marketing. If you choose to join Belcorp as a consultant, you will receive a free starter kit. This includes everything you need to start making sales, such as training videos, product samples, sample scripts, and much more.
As a new consultant, you start out at level 1. In order to reach levels 2 through 14, you must meet certain requirements. These include buying $300 in products, selling at least $150 per month, and reaching rank 3 within three months. Once you hit level 4, you can begin earning commissions. At that point, you can earn anywhere from 5% to 20%.
The Pros and cons of Belcorp
The Pros:
- You can work remotely
- Flexible hours
- Great pay
- Competitive salary
- They have been around for over 50 years
- They employ good management skills
Cons Of Belcorp:
- There is no residual income if the consultant recruits new members.
- The lack of information makes me think that this company is shady
- They don’t seem to care about customer service or feedback
- Their products are expensive and overpriced
- The customer doesn’t need to buy from you.
- Consumers don’t need to buy from your company.
The Belcorp MLM Opportunity
Belcorp, as one of the direct sales companies, provides a comprehensive solution for eCommerce businesses looking to grow online sales and increase profitability. They offer everything from a turnkey solution to provide customers with a complete shopping cart experience, to a consulting program where our consultants work directly with clients to help them make strategic decisions about how to best utilize their current resources.
They’re always growing and evolving, so they’ve designed a system that allows them to scale quickly while ensuring quality customer support, like big companies such as Mary Kay, Avon, and Herbalife.
Their goal is to help retailers succeed in today’s marketplace. They want to change the way people think about eCommerce and the MLM industry business model.
How to Make Money from Belcorp
Belcorp is one of those MLM companies that promises big things. They claim that it is possible to earn up to $200 per day with their nutritional products. But what does it really means to make retail sales with actual products?
The Belcorp opportunity allows you to sell products without having an inventory. There are different ways to earn commissions. The training is done through emails and WhatsApp messages.
Belcorp’s Compensation Plan
Belcorp’s compensation plans are fairly straightforward, but they don’t explain bonuses very well.
The first thing you need to know is that there are two types of commissions:
1) Base Commissions – These are the commissions that you will receive on every sale made by your recruits.
2) Bonuses – These are additional payments that you get when certain conditions are met.
Base Commissions
In order to understand how base commissions work, we’ll look at the example below.
Let’s say you’re in the top 10% of all distributors. You would then receive $10 per sale from each person that joins your team.
If you were in the top 1%, you’d receive $20 per sale. If you were in the top 0.5%, you’d receive $50 per sale.
Bonuses
In addition to base commissions, you may also qualify for bonuses.
These bonuses come in three forms:
- A) Direct Sales Bonus – This bonus comes directly from Belcorp. The amount varies depending on where you fall within the ranks.
- B) Referral Bonus – This bonus is paid out to the people who refer new members to the system.
- C) Team Member Bonus – This bonus is given to the entire team.
Are Belcorp Products Worth The Price?
Belcorp Skincare products offer three different product lines: body care, face care, and skin care. Each one contains several products ranging in price from $25 to over $300 per bottle.
I wanted to try out some of the body care products because my sister uses them every day. She has very dry skin and needs moisturizer.
I found the site interesting because it provides a list of ingredients and a rating system for each product. This way you know what you’re getting into. For example, there are four types of moisturizers: emollients, humectants, occlusives, and occlusives/emollients.
Emollients are typically oils such as jojoba oil, grapeseed oil, avocado oil, almond oil, etc. Humectants are hydrators like glycerin, propylene glycol, sorbitol, and urea. Occlusives include silicone, mineral oil, petrolatum, and lanolin alcohol. Finally, occlusives/emollients contain both oils and humectants.
The best part about the site is the ingredient list. You can see exactly what goes into each product. If you don’t understand the terminology, just it look up.
Final thoughts
Many people think it would be cool to be their own boss and set their own hours. But, let’s face it, most jobs aren’t like that. If you’re working for someone else, you’ll likely have some sort of schedule, even if it’s flexible. Even if you’re self-employed, chances are you still have a job where you report to someone else.
That’s why many people choose to join a multi-level marketing (MLM) business. They see it as a way to start their own business without having to worry about setting up a legal entity or finding clients. After all, you don’t have to sell anything; you just recruit others to do the same thing.
But, what happens when you find out that the “opportunity” isn’t really what you thought it was? What if the company doesn’t pay commissions? Is it possible to recover your losses? Can you actually lose money when you try to become a network marketer? The answer is yes. That is the reason you have to choose a company carefully.
If you decide to sign up with an MLM company, make sure you read reviews online before signing up. There are plenty of sites out there that post fake reviews to help people who are considering joining these companies. Please do your due diligence before putting out any cash.
If you need help on how to get started, check out my #1 recommendation on building a successful business online. You can get access to hundreds of training videos, 24/7 support, professional consultations, private access to training guides, tools, personal private assistance, my personal help, and much more.
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