Hi, online traveler! May I call you this way? 🙂 I hope things are great at your end! Welcome to my post where I will try to answer the question: What is Monat Global?
Maybe you have been also approached by one of the Monat’s reps and invited to get acquainted with this business opportunity?
Most probably, this is the reason why you have landed here on my post, to get to know more about Monat and make an informed decision whether this is a good opportunity for you or not.
As always, I have spent hours researching Monat Global Corporation and I am ready to share my opinion with you.
Let’s waste no more time and dig deep into details right now!
What You Will Learn Here
- 1 Monat Global Overview
- 2 What is Monat Global?
- 3 Who Is The Founder?
- 4 How Monat Global Works?
- 5 Earning Potential with Monat – How Much Money Can I Make Selling Monat’s Product?
- 6 Bonuses & Incentives
- 7 The Good And The Bad
- 8 Who Is Monat Global For?
- 9 My Final Opinion About Monat Global + A Better Alternative
- 10 Monat MLM
- 11 Pros
- 12 Cons
Monat Global Overview
Full Name: Monat Global Corporation
Type: Multi-Level Marketing (MLM)
Founder: Luis Urdaneta
Year of Establishment: 2014
Minimum Price: Starter Kit – $99 USD + $49.99 Annual Renewal Fee
Please note that I am by no means selling Monat products here.
I even didn’t ever use their products myself so you will not find me here telling my first-hand experience with them.
My whole mission with this website is to give you information on the best ways to make money online and I will be focusing further in this article on the Monat business opportunity.
If You Don’t Want to Waste Anymore Time on MLMs and Wonder What Business Model I am Using, See My #1 Recommended Way of Making Money Online:
What is Monat Global?
Established in October 2014, Monat Global is a family-owned business, based in Doral, South Florida, USA.
It operates according to the multi-level marketing business model, selling “naturally based, premium anti-aging skincare and hair care products”.
But their focus is, basically, on hair care products.
Besides the line for humans, they have also developed some products for pets too.
Currently, Monat is present in the US, Canada, the UK, Ireland, and Poland and has been tremendously growing company over the last couple of years.
According to BusinessForHome.org, the Monat Global earnings went up from $19 million in 2015 to $434 million in 2018.
Who Is The Founder?
Luis Urdaneta, the Chairman and the Founder of Monat, was born in Venezuela and has started his career in direct sales in his early years when he was only 15 years old.
The promo video on their website says that Luis was born in a family that has had tough times.
The desire to provide a better life and future for his loved ones has determined him to work tirelessly.
What Luis has managed to accomplish in his life, he has made his company’s vision that anyone out there could live their dreams if they work hard enough to accomplish them.
His experience led to establishing his own company that is nowadays governed by Rayner Urdaneta – Luis’s son who is the CEO of the company.
If you want to meet the whole family, you can do so by watching the video below, which is also an introduction to the Monat story:
How Monat Global Works?
In order to join the Monat business opportunity and start to actually make money with them, you need to purchase their Product Packs.
You can start with the Starter Kit which, as of the day of this writing, costs $99.
In this pack, you are going to get some of the promotional brochures and product samples and testers.
These are intended to help you demonstrate the eventual benefits of the Monat’s products to your potential customers.
There are also other options you can choose from, in case you have more money to invest in.
Each of these packs includes bigger discounts and more products, according to their pricing.
I will go briefly through each of them so you can see the difference and value you get in case if you decide that this Monat business opportunity worths your try.
Essentials Product Pack – $199
Success Product Pack – $349
Overachiever Product Pack – $599
Optimum Product Pack – $799
As you can see, the higher the price of the product pack, the bigger the discount you get on all your future orders, and the more products you get in each of the particular product packs.
Please also note that the Retail Value of each of the product packs is much higher than its cost.
It may be real value but I also have a feeling that this is a marketing trick that a lot of the companies out there tend to apply.
You can find it when it comes to pricing in these affiliate marketing training courses I have reviewed:
Monat’s Compensation Plan
To be honest, I have always found it difficult to understand the compensation plans in any of the MLM out there, all their commissions’ structures on so many levels.
But I will try my best to explain the Monat’s Compensation Plan for you so that you get a clearer picture of the commissions you can earn selling Monat’s products.
When you join Monat, you automatically become their Market Partner (MP, aka Distributor).
They have two levels that distinguish how MP can earn commissions:
A. Retail Commissions
When you bring people to sign up with Monat as a Retail Customer, you, as a distributor, earn 30% of all orders they place.
If a person decides to become a VIP Partner, you earn 15% commissions on orders they make.
There is a necessary volume of purchases you need to make monthly to maintain your status active – 200 PV (Personal Volume).
Within the Monat’s Compensation Plan (you can find this in the compensation plans of other MLM companies as well), each product your purchase has a certain amount of points.
Normally, the pricier the product is, the more points are assigned to that particular product.
B. Sponsor Commissions
When you refer people to not only buy and use Monat’s products but mainly to develop your downline team of distributors, you then advance into the second level where you become Market Mentor.
In this quality, you will be identifying people in your downline who are serious to create a business off of the Monat opportunity.
Ideally, they who will follow you and do the same as you – become Sponsors for their downline teams and help them achieve the same results.
C. Executive Director
Earning Potential with Monat – How Much Money Can I Make Selling Monat’s Product?
While all these figures inside their Compensation Plan may seem very attractive, let’s take a look at what an average Monat distributor is earning in reality.
According to the Canadian Compensation Plan of Monat: “A Typical Participant in the Plan earns between $22 and $1 188 CAD annualized”.
I don’t know about you but I have a feeling that this is not the business opportunity that can at least pay your monthly bills, not to mention “make your dreams come true”, and let you “live the lifestyle you deserve”.
Bonuses & Incentives
There is a lot of different kind of bonuses you can earn with Monat. I will not go into each of them as I am afraid to deviate from the main subject here.
If you are interested to learn more about Bonuses, you can check Monat’s Compensation Plan here and go directly to page #6.
Monat Motor Club
If you are driven enough to achieve success with Monat, the company will pay for your white Cadillac.
This incentive program was established in September 2016.
In order to qualify for this program, you need to achieve the rank and maintain a “paid-as” status of Market Mentor or higher for three consecutive months.
Once you do that, you will start to receive monthly Motor Club bonus for the car of your choice that should be not older than five years.
The Good And The Bad
While multi-level marketing, also called network marketing, is seen by many people out there like a pyramid scheme, still it’s not likely the case of Monat Global Corporation.
They have real products behind their company, even despite all those negative claims about their effects.
Also, there are real people who bear all the responsibility for any issues out there so that you can always address them directly (phone, email) or by means of a lawsuit.
In 2019, the Monat Global has been awarded by two Gold Stevie® Awards.
The nominations where the “Company of the Year” and “Entrepreneur of the Year” where Rayner Urdaneta was recognized as the best entrepreneur of 2019.
Also, their pets’ product MONAT PET took home 2019 People’s Choice for favorite new consumer products.
The Possibility to Leverage the Power of the Internet In the Process of Selling Monat’s Products
When you become a Market Partner for Monat, they provide you with an online sales platform, which is, basically, your own mini-website hosted on the Monat website.
You can then market your website through social media or any other channels you prefer to send people to your website and hopefully, start making sales and commissions.
The way I see it, at least, it is much better than pestering your friends or family, or worse, strangers on the streets, trying to introduce them some products that, most probably, they are not even interested in.
A Good Deal of Negative Reviews, Bad Ratings, and Customer Complaints
Monat’s Rating on Trustpilot is only 3 stars. The majority of the reviews there are negative.
Also, the company received 1, 010 customer complaints on BBB (Better Business Bureau).
People say that the use of their products causes hair loss, oily scalp.
My next discovery was that one of the Monat’s product is rated only 3.9 out of 5 stars on Amazon.
Still, this product is being categorized as “Amazon’s Choice” which means that Amazon platform recommends it as a highly rated, well-priced product that is available to ship immediately.
When I went through the customer reviews listed on Amazon, I have seen that most of them are only 1 or 2 stars and people generally do not recommend buying it.
Doubtful Reviews on their Official Website
Now, the below screenshot I have taken from Customers Reviews Section on their official website:
Surprisingly enough, each of these reviews is 100% positive and rated 5 stars.
If you would be looking at these reviews only, you would have thought that there is no customer in this world who is not satisfied with the Monat products.
Me personally, I have a feeling that these reviews are fake or written by people who have been paid to do this.
If I would be a customer who has tried Monat’s products, wanting to leave my feedback on their official website, there is no way for me to do that, no form to fill in and tell about my experience.
Why is that so, what do you personally think about that? Let me know in the comments below!
Catchy Refund Policy
In case if you get unsatisfied with the product, you can return it for a full refund during the first 30 days after the purchase. At first sight, this seems to be a good thing.
But here is the catch: they advise you to use their hair “intense repair treatment” products for a period of 90 days so that you can see any results.
So that when this period ends and if you didn’t experience those positive effects they were promising you, there is no way for you to get a refund.
On top of that, people are complaining that they charge you a fee for canceling your account… Honestly, I have never heard anything like this with any other company out there and it’s nonsense to me.
A Good Deal of Lawsuits Around Monat
A good deal of the negative reviews and complaints about the effects of some of the Monat products has ended being a subject of dispute in federal courts.
The largest lawsuit amount against Monat was $5 000 000 (USD), filled by Trisha Whitemire and Emily Yanes de Flores in 2018.
Who Is Monat Global For?
If you like the multi-level marketing business model, then you may wish to consider this Monat business opportunity.
Also, due to the pricing of the different product packs I have been mentioning earlier in this post, I assume that Monat is for people who have the money to invest in this business.
Although it’s not mandatory to buy these product packs, still they are marketing them as something that will help you succeed faster and easier.
Now, who doesn’t want to make money quickly and easily?
This is what they are trying you to believe in, and let me tell you, that your mindset is really important in this type of business.
If you end up believing that there is no way for you to succeed without buying those expensive products packs, then most probably, it will inevitably reflect in your reality.
My Final Opinion About Monat Global + A Better Alternative
Again, if you enjoy the multi-level marketing business model and you love to recruit people, you can give Monat a try.
At the same time, based on what I have explained above about their earning potential and their pricing, there is a lot of money to be invested before you even start to make commissions.
I understand that this is a business and you need to invest money to make money.
But what if you aren’t sure if this is the right business model and the right company to go with?
If starting your own business is something that you have been always dreaming about, I have good news for you!
Well done for reading this post up to this point where I am about to tell you that, in fact, there is an opportunity for you to start your own affiliate marketing business for FREE.
Yes, you have heard it right and this is the exact path I have taken to start making money online.
It’s a bit different from the multi-level marketing business model and, most importantly, it doesn’t imply recruiting!
I have signed up for an affiliate marketing training program for free, liked what I have learned there, and decided to stay and continue to build my business.
If You Don’t Want To Waste Anymore Time On MLMs,
See My #1 Recommended Way of Making Money Online:
I hope you have enjoyed reading this post and now, you are well-versed about What is Monat Global.
Still, have questions or thoughts? Please feel free to leave them in the comments section below and I will get back to you as soon as I can.
I am a real person and I love to stay connected with all of my readers!
Thank you for reading and I will talk to you in my next post 🙂