Wellness BioSciences RX operates within the dietary complement MLM area of interest. The corporate doesn’t present a company tackle on its web site.
That mentioned, Wellness BioSciences’ web site area was registered by way of a PO Field in Texas.
Heading up Wellness BioSciences RX are co-founders Barry Cocheu and Sean M. Baker.
Barry Cocheu not too long ago featured on BehindMLM as a defendant in a lawsuit filed by AmeriSciences.
Cocheu was CEO of AmeriSciences, which as an organization was in “dire monetary straits” by the top of 2011.
Cocheu bailed and joined Organo Gold in 2012. AmeriSciences folded its MLM operations later that very same 12 months.
Judgment in AmeriSciences’ lawsuit noticed Cocheu held collectively responsible for $3.4 million {dollars} plus $610,482 in prejudgment curiosity. He additionally needed to pay $150,000 in further punitive damages.
Wellness BioSciences RX credit Sean M. Baker with being a
profitable entrepreneur, and enterprise proprietor for 15 years.
An knowledgeable at growing, cultivating, and provoking gross sales professionals and gross sales organizations.
As a distributor throughout the direct gross sales/community advertising and marketing business, Mr. Baker generated in extra of $11 million {dollars} inside a $400 million greenback firm.
In a public webinar printed to Wellness BioSciences RX Baker reveals he met Barry Cocheu in 2002. The timing suits with Baker having come up by way of AmeriSciences too.
Learn on for a full evaluate of the Wellness BioSciences RX MLM alternative.
Wellness BioSciences RX’s Merchandise
Wellness BioSciences RX markets a variety of CBD oil merchandise.
Our merchandise specialize within the growth of the very best grade 100% USA grown hemp oil wealthy in CBD, CBDA, CBG, CBN, CBC, and terpenes.
Our hemp farms are positioned within the luscious plains of Kentucky the place the setting is well-suited to develop wholesome and nutrient dense hemp.
Our extraction course of is straightforward, clear, and overseen by Ph.D. licensed scientists and extractors.
Aside from the picture above of Wellness BioSciences’ product vary, no particular product particulars or retail pricing is offered.
A advertising and marketing presentation I considered on Wellness BioSciences RX’s YouTube channel revealed the next merchandise:
- WBRx Vitality – CBD oil drops
- WBRx Sleep – CBD oil drops (for sleep?)
- WBRx Aid Balm – “apply on to the sore or aching space for immediate aid”
- WBRx Stability Smooth Gels – gel capsule CBD oil complement
As with Wellness BioSciences RX’s web site, no retail pricing is offered.
Replace fifth October 2019 – I used to be doing a little bit of publish printed analysis and got here throughout a second Wellness Biosciences RX web site.
No concept why the corporate has two (perhaps extra) web sites, however retail pricing for his or her merchandise as offered on the second web site are as follows:
- WBRx Vitality – $109.99 for a 1 oz bottle
- WBRx Sleep – $109.99 for a 1 oz bottle
- WBRx Aid Balm – $99.99 for a bathtub
- WBRx Stability – $119.99 for a bottle of thirty capsules
Wellness BioSciences RX’s Compensation Plan
Wellness BioSciences RX associates are paid to promote merchandise to retail prospects. They’re additionally paid to recruit new associates.
Residual commissions are paid on gross sales quantity generated all through a unilevel staff. Extra performance-based bonuses are additionally obtainable.
Wellness BioSciences RX Affiliate Ranks
There are seven affiliate ranks inside Wellness BioSciences RX’s compensation plan.
Together with their respective qualification standards they’re as follows:
- IBP – generate as much as $2999.99 GV a month
- Supervisor – generate $3000 to $14,999 GV a month
- Government – generate $15,000 to $29,999 GV a month
- Director – generate $30,000 to $59,999 GV a month
- Regional Director – generate $60,000 to $119,999 GV a month
- Nationwide Advertising and marketing Director – generate and keep $120,000 to $239,999 GV over a rolling two-month interval
- President’s Partnership Membership – generate and keep $240,000 or extra GV over a rolling four-month interval
GV stands for “Group Quantity” and is gross sales quantity generated by an affiliate’s purchases and that of their retail prospects.
Whereas PV (Private Quantity) counts solely an affiliate’s personal efforts, GV is the sum complete of downline GV.
Word that Wellness BioSciences RX seems to calculate GV utilizing an orthodox formulation.
As per the GV desk to the best, particular person PV is calculated at 100% however downline PV is simply calculated at 50%.
Retail Commissions
Wellness BioSciences RX associates earn a retail fee on product gross sales to retail prospects.
Manufacturing Bonuses
The Manufacturing Bonus is a share bonus on retail quantity generated by Director and better ranked associates.
- Administrators earn a 5% Manufacturing Bonus
- Regional Administrators earn a ten% Manufacturing Bonus
- Nationwide Advertising and marketing Administrators earn a 15% Manufacturing Bonus
- President’s Partnership Golf equipment earn a 20% Manufacturing Bonus
Recruitment Commissions
Wellness BioSciences RX associates earn a fee after they recruit new associates.
Recruitment fee charges are decided by how a lot a newly recruited Wellness BioSciences RX affiliate spends after they enroll:
- recruit a brand new Starters Pak affiliate and earn $50
- recruit a brand new Builders Pak affiliate and earn $100
Residual Commissions
Wellness BioSciences RX pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Wellness BioSciences RX caps payable unilevel ranges at six.
- Managers earn 7% on degree 1 (personally recruited associates)
- Executives earn 7% on ranges 1 and a couple of
- Administrators earn 7% on ranges 1 to three
- Regional Administrators earn 7% on ranges 1 to 4
- Nationwide Advertising and marketing Administrators earn 14% on ranges 1 to five
- President’s Partnership Golf equipment earn 21% on ranges 1 to six
Infinity Bonus
Nationwide Advertising and marketing Director and President’s Partnership Membership ranked associates qualify for the Infinity Bonus.
The Infinity Bonus is a quantity bonus beginning at degree 7 of the unilevel staff.
- Nationwide Advertising and marketing Administrators earn a 1% Infinity Bonus
- President’s Partnership Golf equipment earn a 2% Infinity Bonus
The Infinity Bonus begins at degree 7 and pays on quantity the whole size of every unilevel leg.
Automobile and Luxurious Journey Bonuses
Nationwide Advertising and marketing Director and President’s Partnership Membership ranked associates can qualify for a Automobile and Luxurious Journey Bonus.
Particular particulars on both bonus aren’t offered.
Becoming a member of Wellness BioSciences RX
Wellness BioSciences RX affiliate membership is accessible at two price-points:
- Starters Pak ($195) – affiliate membership plus two bottles of WBRx Stability
- Builders Pak ($495) – provides cellular app and extra Wellness BioSciences RX merchandise
Conclusion
Wellness BioSciences RX claims to be
a world innovator within the supply of Science-Based mostly Consumables in partnership with Well being Care Suppliers on to their respective affected person base.
Which is an odd pitch to make for an MLM firm.
As a distributor, how is my very own firm competing in opposition to me with Well being Care Suppliers a promoting level?
I suppose if I don’t have entry to Well being Care Suppliers then it might be proof of retail viability… but it surely simply appears an odd descriptor.
That apart, Wellness BioSciences RX desires to stake its place within the arguably already crowded CBD oil MLM area of interest.
The merchandise are primarily based on CBD oil, which every firm emphatically goes on about being derived from pure hemp oil and so forth. and so forth.
There’s nothing new there however that’s to not low cost any of Wellness BioSciences RX’s merchandise.
Though correct analysis is actually troublesome with out pricing.
What I’m not essentially understanding is why there’s advertising and marketing materials for the corporate courting again to March, and but Wellness BioSciences RX nonetheless doesn’t seem to have absolutely launched.
Has the final seven months actually been about paying for an affiliate Pak and simply recruiting others who do the identical?
Wellness BioSciences RX runs the very actual threat of turning right into a typical autoship recruitment alternative.
Retail is probably however not overtly inspired. As an alternative recruitment seems to be the first focus.
In a single Wellness BioSciences RX presentation I got here throughout when researching for this evaluate, Barry Cocheu repeatedly emphasised associates may make again their preliminary prices by way of recruitment.
Let’s say for instance that you simply began with a Starter Pak. When you’ve got 4 different individuals that you simply’ve sponsored … that immediately you’ve gone out and supplied that very same alternative to, you principally may have recovered your price of doing enterprise.
In the event you begin with a Builder Pak, then you definitely exit and also you provide that chance to 5 different individuals, then you’ll have fully recovered your price of doing enterprise – simply by providing individuals the enterprise alternative.
Simply so as to add to that, in the identical presentation at no level did Cocheu make clear retail fee charges. I included it in our compensation plan evaluation as a courtesy.
Wellness BioSciences RX encourages self-consumption by growing wholesale pricing paid on affiliate orders by rank.
The flat 10% low cost will increase to fifteen% on the Supervisor rank after which 20% on the Supervisor and better ranks.
The one retail bonus, the Manufacturing Bonus, doesn’t begin till the Supervisor rank. Why?
Absolutely you’d need to foster a retail focus early on? By the point a Wellness BioSciences RX affiliate hits Supervisor they’re already producing at the very least $3000 GV a month.
What’s the guess that on common, nearly all of that GV goes to be downline buy quantity?
All in all lately CBD oil is in all places. Wellness BioSciences RX does itself no favors by withholding retail pricing on their web site.
So long as retail takes a again seat to recruitment to “recuperate the price of doing enterprise”, I can’t see Wellness BioSciences RX competing legitimately as an MLM firm.
Method with warning.