Is Monat Global a Scam? - Under Fire by the Authorities!
Monat Global is in the spotlight due to many complaints about the adverse effects of the products, and its close ties to a pyramid scheme.
This company was founded by Luis and Rayner Urdaneta in October 2014 and it has grown massively over the past few years.
Now, because of the numerous complaints, it attracted the attention of the authorities as well as the media.
I am glad that you found this review because I am going to share with you everything you need to know about this company. Of course, the decision is still yours to make.
4 class action lawsuits have been filed on February 2018, and the fifth is brewing in Canada in March 2018, against Monat Global for fraud and deception.
Instead of jumping to a conclusion immediately, I'll highlight some facts that you should take note of when you are deciding if you should join this company.
Here are the facts:
- The compensation plan is generous; but
- More than 95% of the "Market Partners" fail in this business opportunity;
- Money can be made, but it is only the top 5% of the Market Partners will profit the most;
- The Products don't work for everyone - Some sing praises for the products, while some experienced bad rashes, scalp issues, hair loss, etc;
- Too much bad press for the company at current which is bad for business;
These are the factors I feel you should put into consideration when you join this business at current. I'll discuss more below...
The "Noise" about Monat Global in 2018
As I've said, Monat Global has attracted a lot of media interest, and you can see them all over the news network...
The Channel 7 abc Action News Investigators
KTNV Channel 13 Action News
KJRH Channel 2 CNBC
These news reports are published on March 2018, so the class action lawsuit has just begun.
So, the question now is, could this be the start of an end to this company?
Could this be the end of Monat Global?
Now, I just want to give you my 2 cents overview.
Whether or not this company survives, in a business standpoint, when too much bad press revolves around a company, the reputation of the company will be destroyed, and it may be tough for it to recover.
Market Partners or aspiring ones will fight an uphill battle trying to convince their prospective customers that the product works.
Since information is easily available on the internet these days, we can only assume that prospective customers will do their due diligence before buying the product.
And, even if the prospect becomes a customer who eventually becomes a Market Partner, you'll find it hard to keep them with the company when they find it hard to promote the product.
For a business opportunity like this to work, there needs to be at least a substantial amount of good reviews from customers, but since 2016, complains have been flying in at a rapid pace, and now in 2018, the trust system has finally broken.
All I can say is, I hope Monat can survive this, like Herbalife, but I highly doubt they can, because the source of the problem comes from the very reason the company exist, which is the products.
At least for Herbalife, its class action lawsuit was against the marketing practice that made it seem like a pyramid scheme. Their products weren't under fire. Herbalife walks away with a huge fine.
Will Monat Global survive this? I want to know your views. Please share your thoughts with me in the comment section below this review.An Honest Way to Make Money Online
What is Monat Global?
Sorry! There's too much noise about this company that I forgot to give an introduction about the company.
The name Monat derives from the "Modern Nature", is said to be the leading cosmetic and hair care company that is backed by science.
Monat is said to use natural ingredients in their products that are safe, pure and sustainable.
Their products are said to detoxify your hair and promotes healthy hair growth.
Their flagship product called REJUVENIQE™ Oil Intensive has a unique blend of 13+ ingredients, which includes vitamins, minerals, antioxidants, beta-carotene, omega-6 fatty acids, nutrients and amino acids, and it is said to be suitable for all skin and hair types.
Plus, the company has various products that solve different hair and scalp problems, and it has product lines that serve both genders as well as for children.
Over the years, the Multi-Level Marketing (MLM) company has achieved several rewards.
3 of the most predominant rewards are the "2016 Stevie® Awards for Women in Business", "2016 American Business Awards", and the "2017 Direct Sellers Association of Canada".
All the reputation that they've built over the years has fallen apart in a matter of days.
Some positive and negative reviews you should know of...
YouTube Channel: flourishxo - Published on July 12, 2017
YouTube Channel: Lisa Stevens – Published on Jan 18, 2018
Youtube Channel: Sarah C – Published on Oct 28, 2017
This goes to show one thing, you wouldn't know if the products work unless you tried them yourself.
But, based on the negative reviews, many would assume it is risky to try a product that may cause massive hair fall.
Honestly, I haven't heard any shampoo on the market that will cause rapid hair fall, at least not in my country. Why is it that products that derives from natural ingredients have such adverse effect? A good food for thought.
Since September 2017, I see complains flying into Better Business Bureau (BBB) almost every day relating to the business logistics as well as the product complaints.
Is Monat Global a Pyramid Scheme?
Any MLM company that focuses on recruiting new members rather than product sales can be considered as a Pyramid Scheme.
Here's a video that explains what a pyramid scheme is:
So, the company must manage their Market Partners properly because far too often, I see them go astray, making false claims, giving false hope, and portraying this as a get rich quick scheme.
The company may have all the legal protection, but when a group of Market Partners doesn't do their job properly, the entire company comes under fire from the authorities.
This is what's happening with Monat Global.
How to be successful in Monat Global?
Alright, if you are still interested to join this company, here's what you need to know in order to be successful.
As I've mentioned that more than 95% of the people who joins this business opportunity fails, here are the main reasons why...
Lack of Leads
You are probably taught to write down a list of people in your social circle who will be interested to try the products.
Then, you'll call each of the individuals in your list and make an appointment where you will share the Monat Global's product and opportunity to them.
Chances are, 20 out of a 100 may express interest in the products, 5 out of the 20 will actually buy the product, and if you are lucky, 1 or 2 of them will join your team as a Market Partner.
As you know, in order to sustain in this business, you need a constant flow of prospective customers.
What happens if you only have 200 people in your social circle? You would have run out of leads to call, what then? Do you start canvassing on the streets?
That's why I always recommend Monat's distributors to start learning attraction marketing. It is a strategy for network marketers to attract the right prospect to the business.
Can't face Rejection
As I've said that out of 100 people, only 5 to 10 of them will actually buy the product.
What happens to the rest of them?
They said NO! It's even worse when they try to avoid you.
That's the problem with this opportunity. You need to be able to accept rejections every day.
Many people quit because they can't accept the fact that they are destroying their relationship with someone because of the business opportunity.
If you really want to be successful with this business opportunity, you have to go all out without the fear of losing your friends or family members.
Without a strong mindset, everything falls apart.
There are thousands and one reason for someone to neglect their business...
"...I don't feel like meeting people today..."
"...Doesn't hurt for me to rest today..."
"...I gotta clean my house today..."
Something else is always more interesting than getting rejected by people, and if you let it get to you, you will go out of business fairly quickly.
If you truly want to be successful with this opportunity, you really need to have self-discipline, and a positive mindset.
Lack of Leadership
This is one of the most crucial external factors for a Market Partner to succeed.
With poor leadership, comes lots of complaints. And, that's what's happening with Monat Global now.
It is most important for an MLM company to support their sales force (Market Partners).
Whether it is a refund request, or a general inquiry, it is not the sole responsibility of the Market Partner. The company has a big role to play in customer support.
Lack of Credibility
Lastly, it is the company's and products' reputation that play a part in the customer's journey.
If the product is under fire by the authorities, or has a lot of bad reviews, Market Partners will find it extremely hard to convince people to buy the products.
Selling the product is already tough, trying to get people to sign up as a Market Partner is even harder.
So, if you ask for my opinion, I would say that you should avoid joining this opportunity, at least for now until everything gets cleared up.
My Sincere Advice to You
A company's reputation is sacred, and once it is destroyed, it will take a long time to recover.
Most of the time, companies never recover from a bad rep.
As the 5 class action lawsuits have just began, there is no telling if the company can remain in business for long.
So, if you are considering joining the business opportunity, I would advise against it.
As I've mentioned, it is an uphill battle for all Market Partners at this moment.
If you've been introduced to the Monat products, and you really want to try it out, you can do so, but just keep in mind that there is a risk of having side effect from using the products.
In my opinion, I've never heard of any shampoo that will cause massive hair fall. It would seem that the risk of trying the products is too great that it overrides its benefits.
Now, what if the Monat Global's business opportunity is not for you, but you still like to learn how to make money online...
I highly recommend that you check out this program because it is responsible for creating thousands of successful online entrepreneurs, including me.
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Thank you so much for reading this review!
I wish you all the best for whatever decision you make.
If you'll like to discuss more about Monat Global, please, feel free to leave a comment below.
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