Did you hear about HempWorx and the opportunity they offer selling CBD oil and other hemp based products through the mlm business model?
That is probably why you are here researching the company to find out whether its worth becoming a distributor or not.
After all not all mlm companies offer great support or products.
Well after reading through my review you should have a pretty good idea whether or not this is a legit opportunity or a scam as some are calling it.
So lets get started ……
Business Background Information On The Company
The founders of HempWorx are Jenna and Josh Zwagil.
They were not new to the mlm business model when they founded the company in 2017.
Their experience came from another company that they were involved with called My Daily Choice which they had started a few years earlier.
(Both companies have been combined and operate as one since 2017).
The timing couldn’t have been any better!
The CBD oil craze was just gaining in popularity as shown by the chart below.
But what a lot of people may not know is that the company was founded due to the health problems Jenna had herself.
Through the use of CBD oil she noticed an improvement in her health which led to the business idea of introducing various products to others through multi level marketing.
Why not get the best of both worlds.
Health benefits and the opportunity to make money with a home based business.
Little did they realize that the company would grow into what it is today.
With 100 million in sales in only a short couple of years you could say that this is a success story for Jenna and Josh.
But the question remains are the HempWorx distributors seeing the same success?
What Are The HempWorx Products
All of the products are based on CBD which is short for Cannabidiol.
Its an ingredient that is extracted from marijuana plants.
CBD is claimed to provide many different health benefits for problems such as:
Getting back HempWorx they have a range of products for both humans as well as dogs.
They consist of topical solutions, sprays and consumables all laced with CBD which can be purchased individually or in value packs.
Pricing is considerably higher than you are going to find similar products that do not contain any CBD.
For example HempWorx dog treats cost $39 and come in a 10oz size.
While other leading brands such Old Mother Hubbard organic dog treats cost $13.49 for 48oz size.
Big difference in prices!
Here is another example.
HempWorx Coffee cost $69 for the 2.97oz size which they call a months supply.
While searching through Amazon website I found organic coffee from a number of different sellers that ranged about anywhere from $8 to $15 to $15 per pound.
Once again huge difference in price!
This is one of the reasons that your seeing huge growth with HempWorx.
Also see: It Works!
Join Options For Becoming A Distributor
So far your liking what you see and your considering joining HempWorx as a distributor.
What are the costs and what do you get when signing up?
Well there are a few different options which I will break down here.
- Entry Pack For Pet Products cost $39 + $20 affiliate fee
- Builder Pack cost $69 + $20 affiliate fee
- Director Pack cost $199 + $20 affiliate fee
- Executive Pack $599 + $20 affiliate fee
Each level comes with a designated amount of what they call business volume (BV).
For example if you decide to join and purchase the Entry Pack For Pets at $39 you will receive 20 BV.
If you join and get the Executive Pack you would receive 400 BV.
Business volume factors into the ranking system which ultimately dictates how much money you make selling HempWorx which I go over in the compensation plan.
Then there is the affiliate fee.
As with most mlm companies you will get access to a website and a back office.
The website is cookie cutter and everyone that joins gets the same one and the back office is just the area to track your referrals and sales.
Plus you get the HempWorx Starter Kit.
- Welcome letter
- Book about getting and closing sales
- Company information booklet
- Compensation plan booklet
- Order forms
- Action plan
The $20 fee to sign up as an affiliate is only a one time fee so you don’t have to pay annually.
Overview Of The HempWorx Compensation Plan
Regardless of what most people say that get involved with mlm they are there to make money.
The more lucrative a compensation plan is the more popular that specific mlm company will be.
So how does the comp plan for HempWorx work.
Well for starters the percentage of commissions that a distributor can earn will be based on their rank and level.
It can range anywhere from 1% to 50%.
Now if your new to mlm it won’t take long to see that the real potential to make money is by recruiting others.
By recruiting others your building a sales force out there selling in which you earn commissions from.
Below is a video that explains it.
As you can see in the video these mlm compensation plans can get very complicated and the HempWorx compensation plan is no different.
But what you need to realize is that how much income you earn is going to be based on the downline that your able to build and train.
Easier said than done though!
A large portion of distributors that you get to sign up will never take any action while there rest with get minimal sales.
So the best strategy is to find a few that have the drive and ability to shrug of negativity.
Then concentrate on helping them grow their business which in turn will help you to grow yours.
Also see: Optavia Review
Can You Make Money As A HempWorx Distributor
I am not a fan of the mlm business model myself mainly because of the product pricing these companies have.
I believe they are highly inflated to cover the commissions of all the distributors.
But the fact of the matter is that when you have multiple levels of people that your able to earn commissions from the potential is there.
What happens though is that many people sign up to become a distributor not realizing how much work is involved.
The income disclosure below that the company has will give an idea of the percentage of reps that are actually making any money.
The company posts some sobering statistics and in their own words for 2017 and 2018 they say:
The average annual income for all Affiliates (active and inactive) during the reporting period was $580.08 USD, and the median annual income for all Affiliates in the reporting period was $0 USD. 70.3% of all Affiliates do not continue with MyDailyChoice after their first year.
Selling HempWorx Pros and Cons
There is no doubt that Josh and Jenna Swagil created a successful company so what are the good and bad of this business opportunity?
Pros ( the good stuff )
- Popular products
- Good commissions
- Hard working creators
Cons ( the not so good stuff )
- High priced products
- Keeping distributors active is hard
- Questionable if products actually produce results
After looking over what HempWorx is offering as a company everything looks legit and I don’t see any reason to classify this opportunity as a scam.
The things that I think need to be looked at is the pricing of the products which to me seem way to expensive.
But that is the way that the company is able to offer the large commissions multi levels deep.
Another thing is that they call their distributors “affiliates”.
If your a real affiliate then you wouldn’t be in a business model that has more than 2 tiers such as mlm.
Plus you would be able to promote and sell products from any company you want without the need to purchase a certain amount of products to stay active.
Hopefully I was able to help you make a decision as to whether or not this mlm opportunity is for you.
Feel free to leave a comment below with your opinion or experience with the HempWorx opportunity!