Elepreneur is an MLM business working towards helping independent sales representatives develop entrepreneurship prospects. This MLM Company was established in 2017 by Rob Oblon. Its founder has an excellent industry track record being in the travel industry for 22 years and founding a travel based MLM called Travoloply. Elepreneur’s headquarters is based in Plano, Texas.
The company’s mission is to elevate people’s lives through their products, services and business opportunities. They take pride in lifting themselves by their commitment to serve others and helping them succeed. Their goal is to make their affiliates happier, healthier and wealthier.
Elepreneur aspires to give its affiliates an easy, fun and liberating wealth creation endeavor. They give much focus on making others feel happy through the course of the endeavor itself and as an effect of using their products.
Elepreneur offers a wide range of health and wellness products. The products it offers come from an earlier company named Elevacity owned by the same businessman. The product ranges from smart coffees to rejuvenating face serums to chocolate weight loss shakes up to hangover defense packs.
To start off, you have to pay an affiliate membership fee of $49. Then, you can sign up for a one-time purchase with 3 enrollment packs you can choose from. Its cheapest pack which they call the “Happy Pack” is worth $249 and its most expensive one, the “Happiest Pack” could be yours for $999. The more expensive pack having more products bundled into it. The way their enrollment packs are termed implies that the pricier the pack is, the more happiness it can give.
Aside from the annual fee and the enrollment packs, you also have to pay the monthly autoship of $40. Starting off in the business seems a bit pricey with all the fees you have to pay and the cost of the products they offer which ranges from $25 to $99. However, among the perks that they promise is a wholesale pricing of the products exclusive for members only.
On your first referral you get 22% of all commissions. On the second referral, you get twice the percentage of the first referral; on the third you get thrice the percentage. These commissions are not deducted from those referred affiliates, but are rather matched by the company’s system. By the fifth referral, you get 110% of the commissions from your first and second referrals. That percentage seems to be a big payout amount.
The Elepreneurs compensation plan comes with 12 affiliate ranks. These ranks are based on the total downline sales volume. You start off with an affiliate rank of “Star” when you pay the affiliate fee.
You go up 1 step of the ladder and earn the “Bronze” rank when you maintain a 2500 monthly group volume. You go another higher step and earn a “Silver” rank when you are able to maintain 5,000 group volume for a month. By the time you maintain 150,000 group volume, you are already on the 8th step of the ladder and ranked as “Royal Black Diamond”. The highest group volume one is possible to maintain is 2,000,000 and is ranked as “Triple Crown Ambassador”.
An infinity bonus is attained after recruiting three affiliates. This bonus is a 20% match on the volume maintained by the two highest performing affiliates. This bonus stretches an infinite number of levels by means of a unilevel compensation structure.
A unilevel compensation structure puts and affiliate at the top of a team. This happens through every personally recruited affiliate put under them in the structure. When a level 1 affiliate gains new recruits, these are put on the level 2. Likewise, if a level 2 affiliate gains recruits, they are put on level 3 and so on.
A Lifestyle bonus is available for Gold affiliates and affiliates ranked higher than that. For Platinum ranked affiliates, they must also maintain an 80 personal volume, which is a sales volume of retail customers and from an affiliate’s personal purchase.
- Platinum ranked affiliates will be given $2000
- Diamond ranked affiliates will be given $5000
- Black Diamond ranked affiliates will be given $10,000
- Royal Black Diamond ranked affiliates will be given $20,000
- Ambassador ranked affiliates will be given $45,000
- Crown Ambassador affiliates will be given $75,000
- Royal Crown Ambassador affiliates will be given $100,000
Global Bonus Pool
Elepreneur acquires a percentage of company-wide sales and places it in the Global Bonus Pool. This is split into five smaller pools for Royal Black Diamond, Ambassador, Crown Ambassador, Royal Crown Ambassador and Triple Crown Ambassador. The two top ranks will get one share in the Global Bonus Pool that matches to their rank.
Elepreneur offers basic and advanced programs for those who are just new to the business and for those who have been in it for some time. They host seminars, classes, boot camps and even workshops developed by the company itself.
The programs are conducted by seasoned trainers who they themselves underwent intense training in order to become professional trainers. The program includes providing its proponents with the skill-set, mindset, information, action plan, tools and motivation to build a solid business couples with a superior quality of life. The training these trainers underwent is a taster of what one could become out of the training programs they provide.
Is Elepreneur a Reboot of Elavacity?
The earlier company, Elavacity was already an established MLM. The latter company uses Elavacity products. The only difference is how the compensation plan is structured. Launching an entirely new company seems to be an unwise move when they could have just rebooted Elavacity with the compensation plan they had on Elepreneur.
Elepreneur is legit. Its credibility stems from the track record of its founder in the MLM industry and from his years of experience in the business sector. However, he could have had a wiser move of just rebooting Elavacity with a new compensation plan rather than having to launch an entirely new company.
The downside though is paying the autoship monthly as a compulsory requirement. This raises a red flag as it implies that it belongs to the “pay to play” game. Granted, it may seem reasonable when the wholesale pricing as a member plus the monthly autoship would still cost cheaper than having it on retail price.
This seems understandable, though since this is the means by which an affiliate would be able to increase his or her commission rate. The commission rates are high, especially when reaching 5th referrals, hence the need to fund those commissions through autoship.
In order to make sure of its legitimacy, before signing up to become an Elepreneur affiliate, you must first establish that your potential upline has retail customers who really purchase the products. Establish too, that he himself is a user of the products. If you observe that most of their earnings come from the affiliate autoship with only minimal or no product purchase at all, it may fall into product-based pyramid scheme which is often illegal and unsustainable.
The products are priced expensively, which is very understandable with the compensation plan they offer. How else would they fund those commissions and bonuses? This justifies the need to market these products effectively in order to really earn in this venture.
Granted, focusing on recruitment would still give you the bucks, yet that would not be enough. If all the affiliates focus on such, this company would mirror the pyramid scheme culture. The good thing, the company maintains the requirement for personal volume, which means that purchasing the products is a must, to achieve the higher ranks.
Not all responded favorably to Elepreneur, some say that the business was only good at the start. However, there are also those who testify that the business worked out great for them. Maybe the difference lies on how much effort has been made to work out the business.
To reach higher personal volumes you must be able to sell more hence the need to market more. This requires much effort. Most ventures do. Money doesn’t just fall on trees. You have to work hard for them.
A great help is the claim they made that the smart coffee sells greatly. With a high demand for that product, it would not be difficult to sell. This makes us see a point, if they had given much effort into making quality products in order for it to sell, then this business is really working towards selling products and not just recruiting affiliates to join.
Bottom line, this business is legit. Yet, like most business ventures, you have to work your way to reach the highest potential benefits that the company offers. If this works out great for you, you will have an amazing compensation plan that will bring the bucks in, become your own boss with your own schedule and live up to the company’s goal of helping people achieve health, happiness and wealth.
Is Elepreneur a Good Business Opportunity?
I personally would not recommend Elepreneur. Why join the company that you must pay to join and buy their products, whether you need them or not?
It’s MLM business, which means that the established uplines get the money from you. You must work hard to get some downlines, or as it’s called in Elepreneur, to recruit affiliates.
Why not create your own online business instead and make money from affiliate marketing that does not require recruiting any affiliates or downlines? Why pay money to join?
You can join Wealthy Affiliate for free, learn how to create your online business and make money recommending different products and services. You have a choice to recommend the products and services that are really good. You aren’t limited to the products of the one company.
There’s no pressure to recruit anybody. You can work in your free time, whenever you want to. Doesn’t it sound better than Elepreneur?
The best thing is that unlike Elepreneur you can join Wealthy Affiliate for free and you can test it first. You can stay as the free member as long as you want to (no credit card required). If you want to upgrade to the Premium membership, you can do it whenever you want to. But you don’t have to.