Fibi & Clo is special. It is a standout in the multi-level-marketing(mlm) universe, a company that dared to be true and transparent in a Ponzi/Pyramid Scheme infested mlm world.
Fibi & Clo is a shoe brand that utilizes social selling. Founded by Michael Leen in 2009, Fibi & Clo is an income alternative for members of the investing public. Weighing the pros and cons reveals, however, that an investor might not earn a reasonable amount of money from investing in Fibi & Clo.
Fibi & Clo is free to join. There is no kind of subscription fee whatsoever. There are also no monthly sales and recruitment quotas. Yet, Fibi & Clo’s compensation plan emphasizes team performance more than it emphasizes personal sales. Thus, the ability of an individual investor to earn really lies in the sales performance of that investor’s team of personally recruited investors.
An investor could be good at selling personally. Still, if the investor’s downlines do not do well, that investors earnings would be affected. Also, the reliance on downlines’ performance gives the image of funds from the lower ranks of Fibi & Clo being funneled up towards high ranking investors — a cardinal pyramid scheme feature.
In a bit, to really stand a chance at earning well from Fibi & Clo, one has to be a high ranking member with a very active team of downlines.
Some may say that Fibi & Clo would be a good investment opportunity because it operates in a relatively unsaturated market. This is true. Fibi & Clo is also enjoys an early-life momentum as it is still quite young as an mlm company.
One would expect Fibi & Clo to be clearer about its “generous rewards programs”. Through its compensation plan is quite uncomplicated, there is still a lot of inference to be done. Perhaps there is a lot more to be learnt when one joins. Yet an individual investor has to know exactly the kinds of commissions, incentives, and bonuses to be enjoyed. While this cageyness is forgivable, wise investors know that clarity is central to multi-level-marketing.
It is also not clear if Fibi & Clo gets income from other sources. There is no statement of income disclosure on its website. As it stands, the only verifiable source of revenue Fibi & Clo is getting its coming from investors.
Upon research, a prospective investor finds out that the percentage of sales generated from noninvestors is very low when compared to the percentage of sales generated from Fibi & Clo investors — another pyramid scheme feature.
Fibi & Clo might not break the hearts of investors by crashing. The absence of eligibility quotas, its transparent business workings, and its uncomplicated compensation plan, and the uniqueness of the markets its operates in makes Fibi & Clo a good investment choice. Yet, Fibi & Clo’s low-income potential is a problem.
The Federal Trades Commission(FTC) pronounced that 99% of those who invest in mlm companies loose money and 70% earn nothing at all. Also, the level of skepticism the members of the investing public is so high that it would be an uphill task to convince anyone to want to get involved or become an affiliate with an mlm company. Clever investors would rather ply other investment routes.
