Hey there sea changers, and welcome back to my series of MLM reviews. Today we are going to visit the extremely popular world of CBD oils and products with my Verum Gold MLM Review. Frankly, the online sale of CBD oils is a booming industry and can be extremely lucrative with many making a good living selling items via online stores and affiliate marketing. Added to this obviously is the ever growing array of CBD based multi level marketing programs that are available. So, is the Verum Gold MLM worth checking out? Let's have a look and see what we can find…

Verum Gold MLM Review - Header 1

Verum Gold MLM Review - Stripe

What is MLM?

Multi-level marketing (MLM) programs are the traditional mainstay of the ‘party plan' world of products such as Tupperware, Mary Kay and Amway etc. and, as mentioned above, increasing in popularity within the CBD Oils market as well. This is partly due to the increased interest and legality of CBD products worldwide but also because MLMs have become more popular in recent times – mainly due to the fact that much of the sales and marketing is now being managed online.

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The ‘multi level' aspects of MLM come from its hierarchical nature in which you make commissions based not only on those that you sell to, but also the sales of those whom you ‘sign' into membership arrangements as well.

In short, the process works as follows:

  1. You join the program, either via referral from another person (known as your up line) or directly through their website.
  2. You promote the products of the company via parties, workshops or online.
  3. As you make sales, you offer incentives to your customers to sign up as a member of the program (there are different names for this but they all mean the same thing).
  4. That new member is then placed ‘underneath' you in a hierarchical arrangement (known as your down line).
  5. You, and a number of levels of your up line, then gain extra commissions for everything they sell as well.
  6. If they manage to refer their customers into memberships, they also become a member of your down line allowing you to make up line commissions as well.

The number of levels of your up and down lines will vary depending on the program you have joined. Commission rates will also change as your down line grows or contracts and many will also offer other incentives such as total company sales percentages and/or access to membership prizes as your own business grows.

Who are Verum Gold?

Verum Gold MLM Review - Home

There is not a lot of information in regards to the company behind Verum Gold on the website however it was founded by Rod Smith, who does actually appear in many of the videos etc. There is however no details provided in regards to company management, compliance or history available – which is usually a fairly big red flag if I am being honest. Their “about” page however focuses heavily on their product and the fact that it “is the best in the world in absorption at up to 20-times more than most common CBD” and that it “is the ONLY nutraceutical CBD in the world that offers empirical scientific evidence, based on preclinical trials, to prove its Bioavailability and Stability claims”.

Verum Gold is based in Orem, UT in the United States.

What do they Sell?

Verum Gold offers just one product – Pure Crystalline Isolate CBD Softgels containing 10-milligrams of one-of-a-kind, highly-bioavailable Canabidiol (“CBD”).

Verum Gold MLM Review - Product

These are available in vials of 30 gels or sample ‘cards' ranging from two to 96 two serving blister packs. Item costs (at approx /13c per ‘gel' ) appear to be a little cheaper than others offering soft gels within the MLM space such as Kannaway.

MLM Program outline

The Verum Gold MLM program calls their members ‘Advocates' who are part of what appears to be a fairly straight forward and simplified program that is however a little ambiguous and does take a bit of reading to understand – so if I have it wrong, happy for you to comment below…. Their compensation plan is available on their website so here are the basics as I have found them…

Base Commission rate: Look to be around $10 per sale

Down line commission rates: 4 – 10% to 7 levels (level 1 down line is 4% based on rank)

Minimum monthly spend to qualify for commissions

To qualify for downline commissions, Advocates are required to maintain ‘active' status via meeting Business Volume (BV) targets of at least 50 per month. This can be made of personal or customer sales.

Payment terms: Weekly, monthly and quarterly.

Application required?: Yes, Application form on website.

Purchase requirements to join: Yes

New Advocates are required to pay a $49.95 enrollment fee which provides access to a replicated website and training and support tool/materials:

Marketing materials provided: As per enrollment kit above.

Within most MLM programs, rankings and commissions are determined by the total Business Volume (BV) generated by the Advocate and their down line within a calendar month with points assigned to each product. These point allocations can range from 50 to 100% of the retail price of each product (before tax and shipping) and vary from item to item and currency of sale.

In the case of the Verum Gold MLM program, BV is calculated at 30 – 60% of the USD retail sales price. This means that if a product is sold for $29.95 with a BV of 20, then payments are calculated on $20 of the sale cost not the full $29.95. Hence, then if a downline commission rate is 4% then the payment to the Advocate would total $0.80 (i.e. 4%of $20).

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Anyone wanting to build an online business can get started using Wealthy Affiliate because it has all the tools you need!

You too can start your very own online business here that can make you money from anywhere in the world!!

How can I get paid?

Ok, so from what I can garner from the compensation plan, there are 8 ways in which Advocates can make money when they promote and sell Verum Gold Softgels. These are outlined as follows:

1. Fast Start

These are paid on the Auto Delivery of Sample Box purchases by down line customers of Advocates. Payments range from $4 to $9 based on rank generations as follows:

Verum Gold MLM Review - Fast Start

2. Direct Sales and Online Sales Proft

These are the general profits earned by Advocates for the day to day sales of Advocates undertaken in one of two ways:

1 – Sell products online via discount coupons to auto-ship customers with profits to the advocates as below:

Verum Gold MLM Review - Direct sales 1

2 – Purchase products at bulk prices for sales via personal connections, kiosks, markets, popups or even the traditional party plan model.  Products can be sold at a price set by the advocate.  Bulk options include:

Verum Gold MLM Review - Bulk

3. Qualifying Bonus

The Qualifying Bonus model is designed to reward Advocates for recruiting new members to their down line. As each new Advocate is recruited and in turn becomes active, a qualifying bonus is paid to the Sponsor as below:

Verum Gold MLM Review - Qual Bonus

4. Accelerator Bonus

Once a sponsor recruits five (5) or more personally sponsored active Advocates, they are paid an Accelerator Bonus of 10% of their BV down to down five generations.

Verum Gold MLM Review - Accelerator Bonus

5. Leadership Bonus Pool

This is a common bonus option within many MLM programs where Advocates who reach higher ranks (in this case Silver or above) earn a pro rata percentage of 3% of Verum's quarterly gross sales volume (GV).

6. Rank Advancement Bonus

The Rank Advancement Bonus is another common MLM payment option where Advocates are paid a once off bonus for achieving and maintaining new ranks within the program. Rank payments are as follows:

  • Manager – $250
  • Master – $350
  • Elite – $1000
  • Copper – $2000
  • Silver – $5000
  • Gold – $10000
  • Platinum – $25000

Ranks must be maintained for 90 days to trigger the Rank Advancement Bonus.

7. Expense Reimbursement Bonus

The Expense Reimbursement Bonus is paid as a monthly bonus to those in the lower ranks to maintain their business and build their down lines. These payments are as follows:

  • Manager – $150
  • Master – $300
  • Elite – $1200

Rank levels must be maintained for three months to trigger this payment.

8. 5 x 7 Lifetime Commissions

5 x 7 Life commissions are the basic unilevel commissions that are prevalent within most MLM programs. Within the Verum Gold MLM program, commissions are paid to 7 levels based on the number of downline sales and BV reached. Commission payments are as follows:

Verum Gold MLM Review - 57 Matrix

Ranking structure

Verum Gold, as with most MLM programs, uses ranking structures on which to base commission payments and other bonuses upon. Rankings for the Verum MLM program are not available in a tabular form as per other programs so for the purposes of an example, I have included the requirements for the first qualifying (second lowest) and highest ranks below:

Verum Gold MLM Review - Manager Rank

Verum Gold MLM Review - Platinum Rank

Again, as is common with almost all MLM programs, rank progression is determined by both the number of members within the Advocate's down line, and the total sales made by those members per month. Ranks can rise and fall based on the ability (or dis-ability) to reach the required member and sales targets.

What is good about it?

So, after a good look around the site and looking at all the options I could find, I do like the following:

  • CBD is a booming industry.
  • Good range of payment and bonus options.

What is no so good about it?

There are also some things to be aware of including:

  • There are some joining costs.
  • There is only one product to sell.
  • The compensation plan is a little confusing and ambiguous.
  • There is no underlying information in regards to the company structure.

How much can you make?

Verum Gold does not provide an income disclosure statement on its website however as with most MLM programs, it has to be assumed from the compensation plan that the percentage of members making the upper rank levels – and hence earning a living – is very low (usually less than 1%).

Verum Gold MLM Review - Stripe 2

My final thoughts

Look, MLM is not an easy platform to make money in and there is definitely nothing here to put this program above the many others I have seen. The compensation plan is a little confusing however once you get your head around it (at least I think I have) the program is pretty straight forward with common commission arrangements and the ability to make sales online or via personal sales options.

If I am being honest here however, there is just a little bit of information lacking that makes this program appear that not all is above board. There is no information in regards to overarching management teams or company background which is a common red flag often used to argue against MLMs in general. It may be just that the company is new however added to the ambiguity of the compensation plan and pricing I would be doing a bit more research myself if I was looking to join this one.

Once you have joined however, there are not the usual financial pressures of needing to make minimum personal purchases in order to qualify for commissions as long as you can make them within your down line. Although from what I can see, I think if you are going to succeed within this MLM program, you will need to have a good array of demonstration stock on hand. You may also need to bump up your personal purchase quota if customer sales alone are not enough for you to remain ‘Active' and qualify for commissions and/or discounts within a particular month.

I was unable to locate any negative reviews in terms of non-payment etc. although there were some negative comments (not as many as most others however) about the quality of customer service and the MLM program itself – although it was not really anything that is uncommon in regards to MLM programs or products within this niche.

CBD oil legalities

Finally, before you rush of into this program, I would advise that you do some solid research into the market in which you plan to promote these products. For example, where I live in Australia, the sale of CBD oil is still under debate with no clear guidelines (at time of writing). I can however promote into the U.S. (some states) via online methods. For this reason, you may even want to start by looking into affiliate marketing rather than committing to an MLM program in short term.

Conclusion

So there you have it, my honest review and appraisal of the Verum Gold MLM program. I hope it has been of assistance but as usual, if you have any questions or experience with this program please do not hesitate to reach out by commenting below – especially if any of my information is inaccurate.

Are there any other programs you have been looking at but want to know more about? If so, please comment below and I will do my best to get some details for you.

Do you want further assistance with any of the above or need help to build your own CBD based website?

Are you looking for a comprehensive training platform that can give you step by step training, 24/7 support, tools to develop and host your very own website, ongoing assistance with SEO and social media and access to some of the best affiliate marketing minds on the planet, then click on the following link to read more about Wealthy Affiliate.

Until next time

Have fun

Paul

Note: If you make a purchase from this page, there is a very good chance that I make a commission from it – these commissions do not increase your sale price.

Introducing Wealthy Affiliate, My #1 Recommendation for Setting Up Your Own Online Business

wealthy affiliate new home page

When I started, I knew I wanted to work online, but had absolutely no idea where to begin! You see I had watched friends of mine run a sales party to sell essential oils and someone asked if they could just sell them online?

Then, as I sat on the bus heading into my office job, I started to wonder if I could do just that, sell essential oils online.

Anything to stop having to catch this bus to and from work every day right!

The trouble was, as I mentioned above, I had no idea how to even start.

So of course I started to look around online and found all these courses! They all promised me riches then took my money but left me with no riches!

Then I stumbled across the program that didn’t promise me riches, but told me it could help me get started even with no experience!

So I did that, joined Wealthy Affiliate that was it, and the rest as they say, is history!

But it doesn’t come without work!

That is the key here! I began on their starter membership and did the training! I then joined as a member and did some more training!

Each night after work, I would do a little more, then a little more.

And to cut a long story short, after 10 months I realized I didn’t really like writing about essential oils, so I sold the site for about $2000. But I had learned so much that I started another – about fishing and camping!

Then, after 18 months (by which time it had earned me close to $10k), I was offered $17k for the site, so I sold it too.

Now, through my travel blog, I’ve been able to fund my passion for travel and explore different places around the world.

In the past few months, I’ve been fortunate enough to travel to some amazing destinations, including Bali, Los Angeles, Dallas, Vancouver and Las Vegas.

The success of my travel blog has allowed me to fully fund my travels and explore new destinations with my family.

Steps to Creating a Successful Travel Blog - Me at Whistler

Try the Wealthy Affiliate as a Starter Member and Build your First Hub!

As you start your journey, Wealthy Affiliate is there for you with the most comprehensive training package I have ever seen – And as I have mentioned, I have used a few in my professional career trust me.

To get you started, Wealthy Affiliate has recently introduced the Hub.

The Hub

The hub is an AI based niche and website creation tool that will get you up and running with the foundation of your OWN business in just a few minutes. This includes:

  • Your website – hosted and inclusive of a WordPress editor
  • Your brand
  • Your ‘done-for-you’ research
  • Your blueprint
  • A task list that is going to help you drive the creation and growth of your business moving forward.
Wealthy Affiliate Review 24 - Hub screen

The hub makes the website creation process simple which allows you to get started on the training with a solid base and understanding of the processes.

All you need to do is choose your subject – which is known as your ‘niche’ – and follow the steps on the screen.

Oh, and as you run through the training below you may realize that what you created above is not exactly what you want. That’s ok, you can just create a new hub!

Wealthy Affiliate Training

Then as you continue your journey, the Wealthy Affiliate Hub is there for you with the most comprehensive training package I have ever seen – And I have used a few in my professional career trust me.

Above we discussed the use of the Hub to set up a website. Once you have done this, you will be able to access the “Step-by-Step Core Training”.

This is available to all members including starter members and will give you everything you need to know to continue to create your online business.

Wealthy Affiliate Review 24 - step by step core training

Member Training

There are also Live weekly classes taught by REAL industry experts on a range of topics like artificial intelligence (AI), SEO, YouTube, WordPress, PPC marketing and more.

wealthy affiliate master training

Great, What Else Does Wealthy Affiliate Have To Help You?

So, let’s keep this short, Wealthy Affiliate is a one-stop-shop platform that provides:

  • The Hub – this is the starting point and uses AI processes to assist you in determining your niche and creating your brand.
  • Complete training programs to assist with the development of your own affiliate marketing website in your own niche.
  • Website creation and publishing tools including access to WordPress editors and themes.
  • AI Content article design and content creation
  • Domain name purchasing (you get a free domain when you upgrade to the Premium membership).
  • Website hosting, security and backup.
  • Online help and chat forums.
  • Weekly live training events.
  • 24/7 support.
  • Keyword access tools.
  • SEO assistance.

The platform has been active for over 15 years with the original developers and owners, Kyle and Carson, still extremely active in its day to day operations – especially as they rollout their AI capabilities.

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You Can Try it Yourself For Free

Now of course I can tell you all about how Wealthy Affiliate works (because it does) until I am blue in the face. But every other program out there – including the shams and scams – will tell you the same thing!

So how about you just try it for free yourself. The Wealthy Affiliate Starter membership is free to join and gives you access to everything you need to get started – all without the need to spend a cent!

With the starter membership, you get:

  • 1 Limited Business Hub
  • 1,500 AI Word Credits
  • Try the AI Author Platform (BETA)
  • 1 Practice Website
  • Jaaxy Starter
  • Limited Help & Support
  • Core Niche Training (8 Classes)

And of course I will be there to help you every step of the way as well!

Look, in the interest of transparency, whilst Wealthy Affiliate does offer a free starter membership, this is designed to give you a look around, have a practice and see if it is worthwhile for you – which is a really great option.

However, as with all new businesses, you will need to make some investment so if you are serious about making money online , you will need to upgrade to a premium membership as this will give you access to all the tools you need in the one spot to succeed!

Afterall, every business needs tools to grow!

So How Much Does This Really Cost?

Wealthy Affiliate does not use upsells once you join – but as I mentioned in the video, to succeed here you will need to invest in a membership. There are a couple of options that provide access to all the tools, training and assistance that you could need – and a free domain as well.

Wealthy Affiliate offers a trio of membership tiers, as detailed on their pricing page.

You can opt for the Starter membership at no cost, the Premium membership for $49 per month or the Premium Plus+ membership for $99 per month. That’s the full extent of it – and you can absolutely build your website without having to spend another cent.

You won’t encounter any unexpected additional charges or covert fees and as a Premium member, you’re equipped with all the essentials to initiate, develop and expand a thriving online enterprise.

Those who opt for the Premium membership are provided with

  • Hosting for their websites
  • A complimentary domain name
  • Access to hundreds of hours of current expert tutorials
  • Various marketing and research tools
  • Personal guidance from seasoned professionals in the field
  • And much much more

And for those of you who want to make a serious investment into your future, there are some yearly options as well below to give you peace of mind that you have a whole year ahead of you to get stuff done!

And Don’t Forget the Personal Coaching

Once you join, not only do you get plenty of assistance from me, but you also have access to expert coaching, support and mentorship from real industry experts.

I mean, you can have access to all of the top-tier affiliate marketing training in the world, but inevitably, questions arise, particularly during the initial stages.

With an exceptionally dynamic and engaged community that boasts over 2.7 million members, Wealthy Affiliate offers an environment where you, as a member, can fully immerse and leverage this network.

You’re never alone; you have the collective wisdom of an entire community at your fingertips, ready to assist at any moment.

Plus, there’s always-on, rapid-response website support to handle any technical queries you may encounter.

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Wealthy Affiliate Works: Real Results From Real People

As I have mentioned a number of times, Wealthy Affiliate has helped me make real money online though its training and tools.

I have made money each month as well as a sale for $17,000.

But again, those promoting other programs will tell you the same thing!

So let’s get away from me and see what others are saying:

To start with, Wealthy Affiliate has a 4.9 out of 5 Star TrustPilot rating, which is a remarkable accomplishment in any industry, let alone the online business industry.

WA trust pilot image

And here are some of those reviews:

wealthy affiliate trust pilot

And this is what people are saying within Wealthy Affiliate as well:

home page - success at WA

So, Let’s Make a Decision!

Let’s be frank, you have read this far so why not go all in, click on the button below to get started on the way to your very online business.

And once you are in and have had a play around with the hub, look for the little envelope on the top right and there will be a message from me. It is of course automated so respond to let me know you are there and we can start this journey together.

(oh, and the profile is mine so you can find me that way as well)

wealthy affiliate envelope

See you there

Paul

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