In this writing, you will be able to view the complete review of Eleprenuer along with its MLM compensation plan review. Are you wondering about joining Elepreneurs or wanting to know whether it is a legitimate MLM company? In this article, you will be able to know the complete details about Elepreneur MLM company.
An Overview of Happy Co.
Name of the organization | Happy Co. |
Year of foundation | 2014 |
CEO: | Bo Short |
Industry type: | Network Marketing or Multi-level Marketing company |
Country: | Texas |
Joining Price: | $49 annually with the price of product and auto shipment |
Company Rating: | 30 out of 100. |
What is Eleprenuers?
The Happy Co. started as Elevacity, a company created by Robert Oblon in 2014. Initially, Elevacity focused on selling products like XanthoMax, Diamite, and Smart Cafe coffees. In 2017, the company changed its name to Elepreneurs to expand its product range beyond just coffee.
Then, in 2021, Elepreneurs again changed its brand name to The Happy Co.(Happy Coffee). Their goal was to be more than just a health and wellness company. They wanted to offer a lifestyle that encourages active living and happiness. The company is based in Frisco, Texas, and now sells various products like coffee, health supplements, and beauty items. The company’s mission is to bring more joy, connection, and purpose to everyone who interacts with their brand and products.
The success rate of Elepreneur MLM companies seems to be very low, and it is not satisfying when compared with other MLM companies.
What is Elevacity?
To make money with Elepreneurs is the same way we make money via Multi-level marketing business. The members can sign up with Elepreneurs to sell the products and earn the commission bonus as per their MLM plan. Rewards are offered for sponsoring the downlines for the MLM business.
How to make money with Elepreneurs?
The annual price is $49 to join Eleprenuers. However, the distributors need to promote their product sale or let the customers try out the sample pack of the products. These are called the Enrollment packs.
The Joining Price In Elepreneurs
The annual price is $49 to join Eleprenuers. However, the distributors need to promote their product sale or let the customers try out the sample pack of the products. These are called the Enrollment packs.
Following are the three different packs available in Elepreneurs:
- Happy- $249
- Happier -$299
- Happiest -$549
There is another joining price for the distributor and that is the auto shipment. It means the distributors have to purchase products of worth $40 monthly to proceed with the sale. In overtime, it will be bundled up with $400 worth products where the sale will not happen in the initial stage.
In MLM business, Auto Shipment is one of the fraud schemes where the revenue is generated from the distributor purchase rather than the customer purchase. Depending upon the percentage of revenue generated, it can be analyzed whether Elepreneurs is an illegal pyramid scheme.
Is Elepreneurs A Pyramid Scheme?
Some always criticize that all MLM business is a pyramid scheme which need not be true always. Some MLM companies comply with the standards and are found to be legitimate to some extent. Elepreneurs fall under this category of MLM companies. When the MLM company is only focussing on recruiting without having any products for their MLM business, then it is found to be illegal whereas in Elepreneurs they have their product for MLM business. So it is evident that they are not an illegal pyramid scheme.
Very Low Success Rate With Elepreneurs
The success rate with this MLM business is very low. People lose money instead of making money with Elepreneurs. People at the top management earn commission due to their downline sales happening in the MLM network. Whereas it is very difficult for the members at the bottom level to earn the commission.
When the distributors earn a commission, it is more than $200 a month. It would be a good source of making money if the distributors can make $1000 monthly, but it is almost impossible with any MLM business.
Eleprenuer MLM Compensation Plan
The company offers two types of compensation plans – binary and unilevel. The Happy Coffee compensation plan is done according to ranks and there are various categories for compensation. The main Commission structures are as follows:
#1. Elepreneurs Affiliate Ranks:
There are 12 affiliate ranks in Elepreneurs. The distributors will be able to achieve the higher ranks based on the number of recruits and the downline sale happening in the MLM structure.
If distributors earn 2500 GV( Group Volume ) per month, then they will be able to achieve the bronze rank. This number will increase as the distributors move up in rank position and this will go up to 2,000, 000. It is very difficult for the distributors to get through the first couple of rank positions in Elepreneurs.
#2. Infinity Bonus:
Infinity bonus is a commission that is rewarded for recruitment and it follows the uni-level structure to payout the infinity bonus. Here the distributors get a 20% match on the sale generated by the two affiliates for each affiliate they recruit. If the downlines recruit two more members then the match of 20% is earned for the recruit’s recruit. It goes up to infinite levels in the MLM structure.
#3. Retail Sales:
The distributors are allowed to earn commissions by generating the sale volume by directly selling to the customers but this compensation plan is focusing on recruitment.
#4. Direct Sales Commissions:
Distributors can profit from their own sales.
#5. Recruitment Bonuses:
Distributors earn bonuses for recruiting new members.
#6. Monthly Team Bonuses:
Distributors gain additional benefits based on the performance of their team.
#7. Generation Bonuses:
Top performing distributors are eligible for additional bonuses.
#8. Additional Rewards:
Top performing distributors also receive trips to exotic locations and other prizes.
Happy Co. Ranking Structure
Star:
Star level distributors have achieved a minimum of $5,000 in sales within the first three months and can earn up to 25% commission on their own sales.
Bronze:
Bronze level distributors must have achieved a minimum of $10,000 in sales and can earn up to 30% commission on their own sales.
Silver:
Silver level distributors must have achieved a minimum of $25,000 in sales and can earn up to 35% commission on their own sales.
Gold:
Gold level distributors must have achieved a minimum of $50,000 in sales and can earn up to 40% commission on their own sales.
Platinum:
Platinum level distributors must have achieved a minimum of $100,000 in sales and can earn up to 50% commission on their own sales.
Diamond:
Diamond level distributors must have achieved a minimum of $250,000 in sales and can earn up to 70% commission on their own sales.
Products Categories Of Elepreneurs
They include products such as elevate and Xantomax, Choclevate, Elevate Smart coffee, Ketocre, Pure 2.0, Elier timeless skin, and others.
The product categories are as follows:
#1. Elevate Smart Coffee
Elevate Smart Coffee is a delicious tasting, micro-ground, functional coffee with a proprietary blend of Nootropic substances meant to improve mental clarity, memory, and vitality.
#2. XantoMax
Dietary supplement that contains antioxidants and other active ingredients to help support healthy energy levels.
#3. DOSE
It is a mixture of their nutritional product XanothoMax and their beverage products like Coffee, Chocolate shake mix, etc.The cost of this combination is over $100.
#4. Wellness Functional Beverages
This is also a part of DOSE product category where you can buy the beverages filtering out the supplements. This category includes Choclevate, Elevate Smart Coffee, Elevate NITRO.The price for the Elevate NITRO is $65 and whereas for the other two, it is $55.
#5. Wellness Supplements
Two supplements offered are as follows
- Elevate Pure 2.0 – Used to take away the toxins
- Xantho Max-It is an antioxidant
#6. Wellness Vitamin Patches
As we have already seen, there are three patches, and they are as follows:
- Sleep Patch
- Energy Patch
- Hangover Patch
#7. Skin Care
The three types of skincare products are as follows:
- Elier Moor Mud Mask
- Timeless Eye Gel
- Elier Facial Serum
Recap the negative facts about Elepeneurs
Following are the negative points to be highlighted
- The success rate is very low
- The fraud scheme-Monthly auto shipment
- Joining price is pretty expensive
- Focussing more on recruitments and thus bothers your friends and family circle.
Is Elepeneurs A Scam?
The Happy Co. has been in operation for several years. Although it operates on a compensation plan that rewards distributors for both their own sales and those of the people they have recruited, the Happy Co. has been involved in some complaints and lawsuits.
-
In 2020, The Happy Co. was given the all-clear by the Better Business Bureau after a complaint alleged that they were operating as a pyramid scheme.
-
In 2019, The Happy Co. reached an out-of-court settlement with two distributors who had accused them of operating an unlawful pyramid scheme.
-
The Happy Co. has faced multiple class action lawsuits that claimed they engaged in misleading practices and failed to adhere to relevant laws and regulations.
Conclusion
Hope in this article, you will able to find the complete details along with the Elepreneurs MLM compensation plan review. It also helps you to know whether it is a legitimate MLM business or scam.
Disclaimer
This Network Marketing company website has been inactive for a while. So, being a part of the “Elepreneur MLM” should be only after profound research and investigation. Hope you choose the best one with the perfect solutions.
FAQ
In February 2020, Oblon was accused of gross financial misconduct and he was ousted from the Board of Directors.
- Elevate MAX Daybreak CA Coffee
- Elevate MAX Happy Coffee
- Elevate Nitro Bold Coffee
- Elevate Smart Coffee
- Ultimate Skin Care Set
Yes, Happy Co. offers affiliate programs and you can get paid for referring people to a product or service.
In February 2020, Oblon was accused of gross financial misconduct and he was ousted from the Board of Directors.
- Elevate MAX Daybreak CA Coffee
- Elevate MAX Happy Coffee
- Elevate Nitro Bold Coffee
- Elevate Smart Coffee
- Ultimate Skin Care Set
Yes, Happy Co. offers affiliate programs and you can get paid for referring people to a product or service.