Univera has gone public with their choice to drop their MLM alternative.
In an announcement revealed on Univera’s web site, the corporate advises;
Univera possession has made the tough choice to transition the corporate from a community advertising group to gross sales strictly via e-commerce channels.
Usually when an MLM firm abandons MLM distributors are sadly the final to know. Fortuitously Univera distributors got a prolonged heads up.
I knew of Univera intending to shut their doorways again in August. As a result of selection to not screw their distributors over nonetheless, I shunned reporting on it until a public announcement was made.
As per Univera’s announcement, MLM operations will wind up someday from December 2020.
Associates will earn commissions till November thirtieth, with the ultimate fee run scheduled to comply with.
After that, all Affiliate Agreements will likely be cancelled and Univera will grow to be an e-commerce firm.
What this implies is Univera will promote on to prospects its distributors have referred to the corporate. It’s your typical retail non-MLM mannequin.
Mockingly site visitors to Univera’s web site appears to have spiked from September, shortly after CEO Ralph Bietz made the preliminary announcement.
Univera was based in 1998 by Invoice Lee. Lee’s father, Yunho Lee, handed away in 1996.
Univera was a continuation of Lee’s father’s enterprise pursuits.
Univera marketed flagship aloe vera merchandise, spanning dietary complement, weight reduction and private care ranges.
BehindMLM by no means obtained round to reviewing Univera so I can’t present perception into Univera’s compensation plan.
A motive for Univera’s choice to desert MLM has not been made public.