If you have landed on this page through Google, I bet you are hungry to learn What is Royal Prestige?
If you are a stay-at-home like me, then you might have that little addiction for all the different kitchen appliances and cookware. And what a better chance to satisfy your shopping addiction for the kitchen, than selling these products on your own? Well, you can do so if you join Royal Prestige.
But is this actually the best company to work with? In this Royal Prestige MLM review, I’ll see what reputation their products have amongst customers, so you can decide for yourself if this is a good opportunity for you to dive into.
Let’s get right into the facts right now!
What You Will Learn Here
- 1 Royal Prestige Overview
- 2 What is Royal Prestige?
- 3 Who is the Founder?
- 4 What is Royal Prestige’s Financial Situation?
- 5 What Are Royal Prestige Products?
- 6 Are Royal Prestige Products Any Good?
- 7 How Much Does it Cost to Join Royal Prestige?
- 8 How Royal Prestige Works?
- 9 How to Make Money With Royal Prestige?
- 10 Does Royal Prestige Allow You to Use the Internet to Build Your Business?
- 11 Is Royal Prestige Legitimate?
- 12 Can You Make Money With Royal Prestige?
- 13 The Good and The Bad
- 14 My Final Opinion About Royal Prestige + A Better Alternative
- 15 Royal Prestige MLM
- 16 Pros
- 17 Cons
Royal Prestige Overview
Full Name: Royal Prestige by Hy Cite Entreprises
Type: MLM Business Opportunity
Founder: Peter O. Johnson
Year of Establishment: 1959
Price to Join: Unknown
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What is Royal Prestige?
Royal Prestige is a branded line, created by Hy Cite Entreprises, which is based in Madison, Wisconsin, USA.
Hy Cite Entreprises is a family-owned direct selling company (often referred to as network marketing, referral marketing, or multi-level marketing company).
It manufactures and distributes cookware and household products through its extensive network of over 4,500 distributors throughout the United States and worldwide (Canada, Mexico, Ecuador, Dominican Republic, Argentina, Brazil, Colombia, Peru, among others).
Who is the Founder?
According to DirectSellingNews.com, Hy Cite Entreprises was initially founded as the Hope Chest Club (HCC) by Dave Johnson but Peter O. Johnson is “an unrelated college student, who carried the company into the future”.
He has managed to pay his college expenses by selling the company’s products to young women who collected its cookware, china, and flatware as they anticipated their marriages.
To learn more about cookware business, after college, Peter worked for another cookware company for a short time.
Being a fast learner, and he rejoined HCC as a partner in 1961. Dave eventually left the business, but Peter carried on.
What is Royal Prestige’s Financial Situation?
According to BusinessForHome.org, Hy Cite Entreprises’ revenue was growing over the last couple of years which is, obviously, a good sign.
Thus, in 2015, it constituted $195 million USD and grew all the way up to $275 million USD in 2018. In 2019, the revenue continued to climb, registering 11% more than in 2018.
What Are Royal Prestige Products?
Royal Prestige manufactures all sorts of products for the kitchen, positioning them as being exclusive with advanced technology.
Here is the full list:
Cookware – Pots, Pans
Cutlery – Knives and Knife Sets, Steak Knives, Cleavers, Carving Sets, Knife Sharpeners, Cutting Boards, etc.
Accessories – Cutters, Bakeware Sets, Kitchen Tool Sets, Induction Cooktops, Oval Roasters, Coffee Machines, etc.
Juicers and Blenders
Tableware – Dinnerware, Flatware, Glassware
Filtration – Air and Water Filtration Systems
Are Royal Prestige Products Any Good?
If an MLM company would offer a high-quality product for a competitive price, then it would be much easier to make money with the MLM business model.
Unfortunately, the case of the majority of MLMs is that they are generally offering overpriced products and you can easily find the same quality elsewhere at a fraction of the price.
From what I have found about Royal Prestige products, it seems like they prove that general tendency.
Royal Prestige received quite a large number of customer complaints on BBB (Better Business Bureau).
Some of the complaints reported include cracked items when used in oven and dishwasher, as well as usual use.
When you face this kind of issue and would like to return the product under their warranty, you can do so but you’ll need to pay all the shipping costs. This may cost you almost as much as the initial purchase.
Other complaints refer to the bad performance of the products, while it’s marketed as high-quality cookware, which saves you time while cooking. The food comes out either raw or burnt or sticking to the pan. There were also a lot of instances when the products were recalled due to melting.
On top of that, some of the cookware sets range in price from $2,000 to $4,500 per set. For example, this Royal Prestige cookware set is listed on eBay for $2 600 USD, excluding shipping.
Another individual Royal Prestige product is this pot priced for $1 200 USD, before shipping.
Could you find similar products at a better price? I bet you can!
A simple search on Amazon will give you a bunch of options. Here is a professional cookware Chef’s Classic Set, starting from only $250 USD.
How Much Does it Cost to Join Royal Prestige?
There is no publicly available information as to how much they charge for the opportunity to become a Royal Prestige distributor.
The only advice I have found is that you should download and complete a registration form, send it to the assigned manager and wait for someone to contact you for further details.
But because the products at Royal Prestige are sold through product demonstrations, it’s easy to understand that you are going to need product samples which implies buying a Starter kit.
How Royal Prestige Works?
The way you are going to be working as a Royal Prestige distributor is you are going to be making in-person demonstrations of products at private parties, bridal and outdoor fairs, or knocking at people’s doors.
This actually means that you’ll need to apply the old-school MLM method, approaching people or going from door to door and ask them if they are interested to buy kitchen appliances.
Not sure about you but I don’t find this is the best method to sell nowadays. I was born in USSR and my mother had to stay “inline” and wait for several weeks or even months for certain products to be available for purchase. These days when we had such a shortage of goods are gone. Maybe, at those times, this method would work.
Today, on the opposite, an abundance of products is at our fingertips and anyone who needs anything can just go shopping whether online or offline, and easily find what he/she needs.
Remember how you felt when a salesperson knocked at your door last time? Did you feel annoyed or embarrassed?
Do you want to be the next salesperson like that?
How to Make Money With Royal Prestige?
Unfortunately, nor Hy Cite Entreprises or Royal Prestige Compensation Plan is publicly available, so it’s difficult to review their business opportunity.
Given the fact that Royal Prestige operates under the MLM business model, we can assume that there are two ways to make money with them:
#1. Retail Sales
When you join Royal Prestige, you have access to their wholesale prices. If you would buy the products from Royal Prestige at wholesale prices, you could then further sell them at a retail price.
The difference between the two price points is your profit.
#2. Team Building Bonuses and Rewards
If you’ll invite other people to join the Royal Prestige business opportunity, they will become your downline, team, or small organization within Royal Prestige.
Every time people in your downline make sales, you’ll earn a portion of those sales (commissions), bonuses, and other rewards.
Does Royal Prestige Allow You to Use the Internet to Build Your Business?
If you are looking for a way to make money through the internet, Royal Prestige is not the right place to start.
The fact that you’ll need to make the in-person product demonstrations means you’ll need to work a lot directly with people showing them products and explaining why they want to purchase Royal Prestige specifically.
Is Royal Prestige Legitimate?
Royal Prestige is a member of the Direct Selling Association. Due to this, it’s a business that commits to ethical business practices and consumer protection.
They are also a BBB accredited business that adds some dort of importance since BBB’s mission is to advance marketplace trust.
Can You Make Money With Royal Prestige?
Overall, Royal Prestige’s business opportunity is a kind of a mystery since along with the Compensation plan, there is no income disclosure statement.
This is a document that discloses how much Royal Prestige distributors are making on average and it can help normal people, like you and me, estimate and decide if this opportunity is worth joining. Since there is no such document available, again, it’s difficult to make any forecasts.
But based on the fact that, overall, less than 1% of people are making money in the MLM industry, I believe that the situation with Royal Prestige is no different.
The Good and The Bad
#1. No Prior Experience Required
The good news is that you don’t need to be an experienced salesperson in order to get accepted as a Royal Prestige distributor.
#2. A Variety of Products to Sell
If you like selling, there is a good amount of kitchen appliances you can sell with Royal Prestige.
#3. Payment Plan Options
Taking into consideration that Royal Prestige products are quite expensive, if customers can’t afford to pay the full price, you as a Distributor can offer them various payment plan options.
#1. Poor Customer Service
Almost all of the customer complaints I have found are related to the bad experience with Royal Prestige products and their customer service.
#2. Tricky 3-Day Return Policy
There is only a 3-days window in which a customer could make use of Royal Prestige’s refund policy.
The problem with their money-back guarantee is that most often, people can’t fit in this time period since the time starts ticking from the very moment when they have placed the order.
Depending on the location, there could be instances when the product will not even manage to arrive at the customer within 3 days. Outside of those 3 days, there is no chance to return or exchange the product.
#3. Expensive Products
They don’t even have prices listed on their official websites. All the price points I have found are from third-party sources.
The fact is that Royal Prestige is quite pricey, and might be out of reach for families with modest, or even average earnings.
#4. Scary Selling Tactics
Some of the Royal Prestige distributors were using scare tactics to drive sales.
In particular, they were claiming that using cast iron will poison you over time, or that if you use Teflon, it could cause you cancer.
These statements are not backed by any data or scientific evidence and therefore, are inappropriate. In this respect, there even was a law settlement that ordered Royal Prestige to pay $350 000 USD in restitution.
My Final Opinion About Royal Prestige + A Better Alternative
Given the fact that there is no information available about the Royal Prestige compensation plan and income disclosure statement, it’s difficult to assess whether this is a good business opportunity or not.
At the same time, all the issues their products are having and lots of unsatisfied customers out there, it might be really challenging to sell Royal Prestige products.
If you are serious about building your business, I would suggest looking into an opportunity that would give you the possibility to leverage the power of the internet.
How cool is that you could take your business with you whenever you chose to go tomorrow?
More and more people are gaining access to the internet nowadays, spending more time online and changing shopping habits from offline to online.
There has never been a better time to have an online business.
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I hope you have enjoyed reading this article and now, you are well-versed about What is Royal Prestige.
Don’t hesitate to leave your questions if you have any, in the comments section down below.
As always, I wish you stay well and safe. Take care, and I will talk to you within my next post very soon!