One of the telltale signs that an opportunity is a pyramid scheme is its emphasis on recruiting other members so you can earn commissions from enrollment fees. Pyramid schemes, on the other hand, is a completely illegal business model and you should stay away from it. But what exactly is a pyramid scheme, and can we classify Yoli as one?ĭespite its reputation, MLM is a completely legitimate business model.
MLM also has a bad rap among consumers thanks to some shady activities committed by some individuals. There's a thin line between MLM and pyramid schemes. It has an A+ rating with the Better Business Bureau. Its head office is located in Salt Lake City, Utah, but it also operates in other countries. If you've already worked as an independent reseller for other health and wellness companies, then skip this part.īut for the uninitiated, MLM is a business model in which a company uses existing members to recruit new members/resellers to increase their revenue as well as the number of people who promote their products to the public. Like many health and wellness companies, Yoli's business model is also network marketing (popularly known as MLM). Apart from its products, it also has a weight management program called Better Body System (more on this later). It also offers nutritional supplements that will allegedly boost the immune system, maintain pH balance, and give you energy.Īccording to Yoli, its products contain all-natural ingredients so losing weight is safe and natural. Some of its products include supplements and drinks for better weight management and performance in sports. Falter serves as the executive vice president, while co-founded Bobby Jones works as executive vice president of strategy. Fender serves as its CEO and president, while Citron works as the company chief marketing officer. It was founded by Robby Fender, Corey Citron, Daren Falter, and Bobby Jones. Well, Yoli is another health and wellness company that offers nutritional supplements, as well as products for weight management. Sounds exciting, right? But you're scared that this might turn out to be another scam. You can purchase their weight management and nutritional supplements while earning commissions and bonuses as an independent reseller of the company's products.
So, you're understandably intrigued when one of your friends or your sister-in-law or a colleague introduced you to Yoli. You've also resorted to nutritional supplements and diet pills in hopes of having a trim belly and banishing all that cellulite away. You or someone you know have tried almost everything you could ever think of, such as exercise, diets, detox, and more. You know how hard it is to be healthy and shed those unwanted pounds.
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