Riway function within the dietary complement MLM area of interest and are primarily based out of Singapore.
Riway is primarily marketed in Asia and claims to have workplaces in Singapore (world HQ), Malaysia, Indonesia, Thailand, Myanmar, the Philippines, Taiwan and Japan.
Heading up Riway is CEO Lim Boon Hong (proper).
Somewhat than present details about Hong’s company background and MLM expertise, Hong’s Riway company bio is as an alternative stuffed with generic self-flattery.
Together with his eager enterprise acumen and glorious administration skills, he repeatedly seeks to enhance and insists on main by instance to ascertain Riway’s market management with a decided conviction as he units his eyes on the worldwide stage, so that everybody may have the chance to steer a unprecedented lifetime of freedom.
My very own analysis reveals Hong launched Riway in 2008. Previous to that he was purportedly a Nu Pores and skin affiliate .
The founder Dr Lim Boon Hong and his entourage (Claudia Ong and others) had been multilevel marketing salespeople from Nuksin [sic], earlier than this Enyouth, earlier than Enyouth DW Group, earlier than DW was Asayo.
They excel in pseudoscience well being merchandise corresponding to biomagnetic merchandise (matresses, mattress pads) and such.
Loads of youth individuals had been taken in and cheated of their monies once they had been in operation.
Their family members and households weren’t spared both because the goal section was naturally the brand new joiners within the MLM and their speedy household nexus.
This may clarify why Hong’s company bio reads extra like a grad pupil attempting to impress on their first interview.
Replace twenty fourth June 2021 – The above quote is from a Lowyat discussion board thread on Riiway.
On the time of publication this thread was out there and I had linked to it. On the time of this replace the thread seems to have been deleted/disabled by Lowyat, so I’ve eliminated the hyperlink.
Quote continues to be from the unique supply as accessed in 2018. /finish replace
Learn on for a full assessment of the Riway MLM alternative.
Riway Merchandise
Riway market Purtier Placenta and Conscientious.
For those who’re on the Riway web site and click on for extra data on Purtier Placenta, you’re introduced with a YouTube video full of promoting clichés;
– a superbly bespoke masterpiece
– exceeding medical science’s mission
– uniquely combining beautiful artistry
– an revolutionary breakthrough in evolution
– a revolution in well being dietary supplements
Severely, that’s what Riway gives up as an alternative of precise details about their Purtier Placenta product.
To truly discover out what Purtier Placenta is I needed to head over to Amazon.
In keeping with an inventory by “Purtier”, Purtier Placenta is a capsule-based deer placenta complement made in New Zealand.
Often known as the “Rolls-Royce of well being dietary supplements”, PURTIER Placenta comprises 10 valuable elements which have been made into a high quality product to maintain your physique wholesome and energetic!
The capsule is a breakthrough of present expertise limitation, containing 10,000 mg of Deer Placenta, and is made up of a 50:1 excessive focus ratio.
Purtier Placenta is marketed as “anti-aging live-cell remedy”.
Happily the Conscientious part of the Riway works as you’d anticipate.
Riway describe Conscientious as an “elusive elixir for the pores and skin”.
By means of years of intensive analysis and improvement, we have now perfected essentially the most unique and supreme luxurious essence spray.
Every drop of CONSCIENTIOUS Essence is infused with potent excessive concentrations of the best, purest and most botanical elements, straight from nature’s greatest onto the pores and skin.
The elements work collectively synergistically to supply prompt and revolutionary outcomes which transforms the look of the pores and skin.
No retail pricing is offered for both of Riway’s merchandise.
We will nevertheless get some thought of prices by means of Riway’s affiliate packages.
The Silver Bundle prices $375.68 and comes with one bottle of Purtier Placenta.
One can safely assume the retail price of Purtier Placenta is near or dearer than the Silver Bundle.
Word that I haven’t been capable of verify whether or not Purtier Placenta may be offered at a retail degree by means of Riway’s MLM alternative.
The Riway Compensation Plan
Riway don’t present a replica of their compensation plan on their web site.
The next is evaluation of their Philippines compensation plan, which comprises a combination of SGD and USD.
I’ve marked SGD when used, the opposite quantities are USD.
1 PV – fee $0.90 SGD, product buy $1 SGD.
Recruitment Commissions
Riway associates are paid to recruit new associates.
How a lot of a recruitment fee is paid out is set by
- how a lot a newly recruited affiliate spends once they join and
- how a lot the recruiting affiliate spent on their very own signup package deal.
Silver Riway associates obtain $26.97 for recruiting a Silver affiliate, $53.97 for a Gold, $101.87 for a Platinum and $175.36 for a Diamond.
Gold associates obtain $30.36 for recruiting a Silver affiliate, $60.72 for a Gold, $114.60 for a Platinum and $197.28 for a Diamond.
Platinum associates obtain $33.73 for recruiting a Silver affiliate, $67.46 for a Gold, $127.33 for a Platinum and $219.20 for a Diamond.
Diamond associates obtain $33.73 for recruiting a Silver affiliate, $67.46 for a Gold, $127.33 for a Platinum and $219.20 for a Diamond.
Residual Commissions
Riway pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary workforce, break up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are crammed by way of direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every day Riway tallies up new gross sales quantity on either side of the binary workforce.
Associates are paid a proportion of generated gross sales quantity, primarily based on which package deal they signed up with:
- Silver associates obtain an 8% residual fee charge
- Gold associates obtain a 9% residual fee charge
- Platinum associates obtain a ten% residual fee charge
- Diamond associates obtain a ten% residual fee charge throughout three binary positions
Matching Bonus
Riway pays a Matching Bonus on residual commissions, paid out down on as much as three ranges of recruitment (unilevel).
- Silver associates obtain 10% match on degree 1 (personally recruited associates)
- Gold associates obtain a ten% match on ranges 1 and a pair of
- Platinum and Diamond associates obtain a ten% match on ranges 1 to three
Becoming a member of Riway
Riway affiliate membership is tied to the acquisition of one of many following packages:
- Silver – $375.68
- Gold – $755.29
- Platinum – $1425.88
- Diamond – $2450.98
The first distinction between the packages is included product and earnings potential by way of the Riway compensation plan.
Conclusion
The Riway web site does a poor job of convincing me why I have to spend a whole bunch of {dollars} a month on a deer placenta complement.
That may appear unusual for an MLM firm attempting to drive retail gross sales, which upon examination Riway clearly isn’t.
Let’s begin with pricing. Riway’s $375.68 Silver package deal comes with one bottle of dried placenta and never a lot else.
A fast Google seek for “deer placenta” reveals New Zealand deer placenta pricing per bottle from different manufacturers begins at round $50-$60.
Aside from the connected earnings alternative, Riway don’t present any compelling cause to pay over seven instances as a lot for his or her placenta complement.
Nor does there seem like any compelling cause to take the complement, apart from “placenta feeds infants so should be good to take”.
The truth is the advantages Riway and their associates unofficially tout as a cause to take Purtier Placenta haven’t gone unnoticed by regulators.
As of March 2018, advertising of Riway and Purtier Placenta is banned outright in Dubai.
Citing quite a few “unapproved, false and deceptive ads”, The Phillippine FDA additionally issued a public well being warning towards Riway and Purtier Placenta a couple of months in the past.
As for Riway’s Conscientious product… yeah, one thing you spray in your pores and skin… botanicals… a lot luxurious… alrighty then.
The rationale for Riway’s full lack of retail focus and energy is discovered of their compensation plan.
If you crunch the uncooked numbers, Riway’s MLM alternative is designed to have you ever join and pay a whole bunch of {dollars} a month for a bottle of deer placenta. Commissions are paid if you recruit and persuade others who do the identical.
With out the connected earnings alternative I doubt anybody goes to fork out seven to eight instances the market charge for the placenta product. Conscientious I don’t know on, seeing as Riway present little to no particular data and pricing.
When a brand new Riway affiliate indicators up, they’re instantly enticed to pay extra as a result of fee charges are increased. And in the event that they go for the costliest Diamond package deal, Riway rewards them with three binary positions.
This successfully permits a Riway affiliate to earn triplicate on generated binary gross sales quantity.
A professional MLM firm rewards associates primarily based on particular person and residual generated gross sales quantity. Rewarding associates for spending extra once they join is “pay to play” and universally frowned upon by regulators.
It’s also the hallmark of an MLM pyramid scheme, which with out important retail exercise Riway falls foul on.
For those who’re all in favour of deer placenta regardless of the dearth of scientific and medical proof relating to purported advantages, there are many less expensive alternate options round.
The one factor that differentiates Riway from these choices is the questionable earnings alternative.
And coming in at a couple of hundred {dollars} a month in expenditure, it ought to be apparent that the majority Riway associates aren’t going to recoup their losses.
Replace fifteenth August 2021 – Riway has been prosecuted and convicted in Singapore over deceptive and false well being claims associated to Purtier.