Provizion World operates within the dietary complement MLM area of interest.
Provizion World is a part of LaCore Enterprises. Each firms are based mostly out of Texas and owned by Terry LaCore.
Heading up Provizion World is CEO Rick S. Nelson (proper).
As per Nelson’s Provizion World company bio;
Rick is a direct promoting fanatic and a world enterprise improvement professional in a profession spanning greater than 25 years working in main markets all over the world.
His expertise consists of 12 years residing and dealing in South Korea and up to date initiatives within the Individuals’s Republic of China, each prime income markets in direct promoting.
MLM firms doing enterprise in China is routinely related to bribery and corruption.
- Avon copped a $135 million positive in 2014
- Nu Pores and skin copped a $765,688 positive in 2016 (in addition they paid out $47 million in a associated class-action)
- Herbalife copped a $122 million positive in 2020 and two former executives have been indicted in July 2022
- Ariix dragged NewAge into chapter 11 and is the topic of an ongoing federal FCPA investigation
Nelson seems to have started his MLM govt profession with Nu Pores and skin again in 1989.
In 1995 Nelson was promoted to Director of Company Affairs for Nu Pores and skin Korea. In 1998 Nelson was once more promoted to Director of Enterprise Growth.
Nelson held the position for 9 years. He completed up with a quick stint as Director of Market Growth & Help for Nu Pores and skin’s Photomax service, ending in November 2007.
Throughout his time at Nu Pores and skin, Nelson claims he
participated in constructing Nu Pores and skin from a US and Canada solely firm in 1989 to launching a significant Asia Pacific market efficiently.
Nelson moreover claims he’s
skilled in advanced mainland China enterprise integration. Enterprise relationship, cultural adaptation, programs, course of and execution experience.
I can’t verify whether or not Nelson had a job in Nu Pores and skin’s shenanigans in China (or let’s face it, every other MLM firm working in China).
In July 2008 Nelson signed on as Vice President of Enterprise Growth as Max Worldwide.
Nelson held the position until February 2013, after which he signed up as Vice President of Worldwide Growth for Univera.
Nelson’s tenure at Univera was comparatively quick, ending in October 2014.
From 2014 Nelson seems to have targeted on introducing companies to Chinese language, Korean and Russian markets via Rick S. Nelson and Associates.
That brings us to Provizion World’s launch in late 2020.
Learn on for a full evaluation of Provizion World’s MLM alternative.
Provizion World’s Merchandise
Provizion World markets two dietary dietary supplements; Provizion GSH and Provision Vitality.
- Provizion GSH – “a proprietary mix of twenty-two complimentary elements that empowers your physique to guard and restore itself on the mobile degree”, retails at $69 for a bottle of 60 capsules
- Provizion Vitality – “a Peak Efficiency Concentrated Drink that gives power, energy and focus”, retails at $119 for 20 servings
Each of Provizion World’s merchandise are manufactured in home at LaCore Labs.
Provizion World’s Compensation Plan
Provizion World’s compensation plan pays on gross sales to retail prospects. Residual commissions are paid through a binary, together with a Matching Bonus through unilevel group generations.
Extra rank particular efficiency bonuses are additionally accessible.
Provizion World Affiliate Ranks
There are fourteen affiliate ranks inside Provizion World’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- IBO – join as a Provizion World affiliate
- Staff Builder – generate and preserve 50 PV and 200 GV in weaker binary group facet quantity over a rolling four-week interval
- Space Staff Builder – generate and preserve 100 PV over a rolling four-week interval, refer and preserve one retail buyer, and generate and preserve 1500 and 2000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 1500 GV from anybody recruitment leg)
- Regional Staff Builder – preserve 100 PV over a rolling four-week interval and one retail buyer, and generate and preserve 3000 and 4000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 3000 GV from anybody recruitment leg)
- Nationwide Staff Builder – preserve 100 PV over a rolling four-week interval and one retail buyer, and generate and preserve 5000 and 7000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 5000 GV from anybody recruitment leg)
- Director – preserve 100 PV over a rolling four-week interval, refer and preserve two retail prospects, and generate and preserve 7000 and 10,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 7000 GV from anybody recruitment leg)
- Space Director – preserve 100 PV over a rolling four-week interval and two retail prospects, and generate and preserve 10,000 and 15,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 10,000 GV from anybody recruitment leg)
- Regional Director – preserve 100 PV over a rolling four-week interval and two retail prospects, and generate and preserve 13,000 and 20,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 13,000 GV from anybody recruitment leg)
- Nationwide Director – preserve 100 PV over a rolling four-week interval and two retail prospects, and generate and preserve 15,000 and 30,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 15,000 GV from anybody recruitment leg)
- Government – preserve 100 PV over a rolling four-week interval, refer and preserve 4 retail prospects, and generate and preserve 20,000 and 50,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 20,000 GV from anybody recruitment leg)
- Space Government – preserve 100 PV over a rolling four-week interval and 4 retail prospects, and generate and preserve 25,000 and 75,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 25,000 GV from anybody recruitment leg)
- Regional Government – preserve 100 PV over a rolling four-week interval and 4 retail prospects, and generate and preserve 50,000 and 150,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 50,000 GV from anybody recruitment leg)
- Nationwide Government – preserve 100 PV over a rolling four-week interval and 4 retail prospects, and generate and preserve 100,000 and 300,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 100,000 GV from anybody recruitment leg)
- Ambassador – preserve 100 PV over a rolling four-week interval, refer and preserve eight retail prospects, and generate and preserve 125,000 and 500,000 GV in weaker and stronger binary group facet quantity over a rolling four-week interval (capped at 125,000 GV from anybody recruitment leg)
PV stands for “Private Quantity”. PV is gross sales quantity generated by retail buyer orders and a Provizion World affiliate’s personal purchases.
GV stands for “Group Quantity”. GV is PV generated by a Provizion World affiliate and their downline.
Notice that in an effort to depend in direction of rank qualification, retail prospects should have bought at the very least 50 PV of product over a rolling four-week interval.
Retail Commissions
Provizion World associates earn retail commissions on the sale of merchandise to retail prospects.
- a 20% fee is paid on on-line retail gross sales orders
- a 40% fee is paid on offline retail gross sales orders
Sponsor Commissions
A ten% Sponsor Fee is paid on product orders by personally referred most popular prospects and recruited associates.
Most popular prospects are retail prospects who’ve agreed to join autoship in change for a reduction.
Notice that after the primary yr, in an effort to qualify for Sponsor Commissions a Provizion World affiliate should order 600 PV price of product yearly.
Residual Commissions
Provizion World pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary group, break up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are crammed through direct and oblique recruitment of associates. Notice there is no such thing as a restrict to how deep a binary group can develop.
On the finish of every week Provizion World tallies up new gross sales quantity on each side of the binary group.
A ten% residual fee is paid on weaker binary group facet gross sales quantity.
Notice that residual commissions are topic to an earnings cap (see “Residual and Matching Bonus Earnings Cap” beneath).
Matching Bonus
Provizion World pays a Matching Bonus on residual commissions earned by downline associates.
The Matching Bonus is paid out through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned straight underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
The Matching Bonus is tracked and paid through Space Staff Builder generations.
The primary Space Staff Builder or greater in a unilevel group leg caps off the primary Matching Bonus era for that leg. The second era of that leg begins instantly beneath them.
If a second Space Staff Builder or greater exists deeper within the leg, they cap off the second era, with the third starting instantly beneath them.
If there aren’t any Space Staff Builders or greater deeper within the leg, the second era extends down the total depth of the leg.
Utilizing this generational construction, Provision World pays the Matching Bonus on as much as ten generations based mostly on rank:
- Administrators earn the Matching Bonus on as much as one era per unilevel group leg
- Space Administrators earn the Matching Bonus on as much as two generations per unilevel group leg
- Regional Administrators earn the Matching Bonus on as much as three generations per unilevel group leg
- Nationwide Administrators earn the Matching Bonus on as much as 4 generations per unilevel group leg
- Executives earn the Matching Bonus on as much as 5 generations per unilevel group leg
- Space Executives earn the Matching Bonus on as much as six generations per unilevel group leg
- Regional Executives earn the Matching Bonus on as much as seven generations per unilevel group leg
- Nationwide Executives earn the Matching Bonus on as much as eight generations per unilevel group leg
- Ambassadors earn the Matching Bonus on as much as ten generations per unilevel group leg
Notice that the Matching Bonus is topic to an earnings cap (see “Residual and Matching Bonus Earnings Cap” beneath).
Residual and Matching Bonus Earnings Cap
Provizion World caps residual commissions and the Matching Bonus weekly based mostly on rank:
- Staff Builders can earn as much as $500
- Space Staff Builders can earn as much as $1000
- Regional Staff Builders can earn as much as $1500
- Nationwide Staff Builders can earn as much as $3000
- Administrators can earn as much as $4000
- Space Administrators can earn as much as $6000
- Regional Administrators can earn as much as $8000
- Nationwide Administrators can earn as much as $10,000
- Executives can earn as much as $20,000
- Space Executives can earn as much as $25,000
- Regional Executives can earn as much as $50,000
- Nationwide Executives can earn as much as $100,000
- Ambassadors haven’t any residual fee and Matching Bonus cap
Of the capped quantity, as much as $20,000 will be earned as residual commissions.
Presumably that is on the Nationwide Government rank. Provizion World don’t present rank-specific residual fee caps.
Rank Achievement Bonus
Provizion World rewards associates who qualify at Staff Builder and better with a one-time Rank Achievement Bonus:
- qualify at Staff Builder and obtain $25
- qualify at Space Staff Builder and obtain $50
- qualify at Regional Staff Builder and obtain $100
- qualify at Nationwide Staff Builder and obtain $200
- qualify at Director and obtain $1000
- qualify at Space Director and obtain $2000
- qualify at Regional Director and obtain $4000, paid out over 2 eight-week cycles
- qualify at Nationwide Director and obtain $6000, paid out over 3 eight-week cycles
- qualify at Government and obtain $10,000, paid out over 4 eight-week cycles
- qualify at Space Government and obtain $20,000, paid out over 4 eight-week cycles
- qualify at Regional Government and obtain $50,000, paid out over 5 eight-week cycles
- qualify at Nationwide Government and obtain $100,000, paid out over 5 eight-week cycles
- qualify at Ambassador and obtain $250,000, paid out over 10 eight-week cycles
Notice that for Regional Director and better, rank have to be maintained over the eight-week cycle vary to get the total bonus.
Way of life Bonus
Provizion World rewards Staff Builder to Nationwide Director ranked associates with a month-to-month Way of life Bonus:
- qualify at Staff Builder and obtain $25 a month
- qualify at Space Staff Builder and obtain $50 a month
- qualify at Regional Staff Builder and obtain $100 a month
- qualify at Nationwide Staff Builder and obtain $200 a month
- qualify at Director and obtain $400 a month
- qualify at Space Director and obtain $600 a month
- qualify at Regional Director and obtain $800 a month
- qualify at Nationwide Director and obtain $1000 a month
Executives and better obtain the Management Bonus in lieu of the Way of life Bonus (see “Management Bonus” beneath).
Management Bonus
Provizion World takes 3% of weekly company-wide gross sales quantity and locations it into the Management Bonus.
Government and better ranked associates obtain shares within the Management Bonus based mostly on rank:
- Executives obtain one share
- Space Executives obtain two shares
- Regional Executives obtain 4 shares
- Nationwide Executives obtain six shares
- Ambassadors obtain ten shares
Moreover, each week Provizion World selects one most popular buyer and Staff Builder or decrease ranked affiliate to obtain one share within the Management Bonus.
To qualify the popular buyer and Staff Builder or decrease ranked affiliate should have both ordered or generated 100 PV in orders over a rolling four-week interval for 12 consecutive weeks.
Notice that chosen most popular prospects obtain product credit score in lieu of a financial bonus.
Extra Rewards
Provizion World’s compensation plan states the corporate
might supply further awards, corresponding to: cell phones; tablets; computer systems; management dinners, cars; particular govt trainings; free registration, journey & lodging for out world & regional conventions; holidays; management summits.
No particular qualification info is supplied.
Becoming a member of Provizion World
Provizion World affiliate membership is free.
Provizion World Conclusion
The weakest a part of Provizion World’s MLM alternative is its merchandise.
Provizion GSH is basically a N-Acetyl-L-Cysteine (NAC) and glutathione complement. It has a bunch of different stuff in it however these are the important thing elements.
Dietary supplements containing NAC are an ongoing regulatory concern within the US. Until the FDA decides in any other case, it’s presently unlawful to incorporate NAC in dietary dietary supplements (this course of is underneath evaluation).
Glutathione is a standard complement and is available in all places in a bajillion totally different configurations, most of that are cheaper than Provizion GSH.
LaCore Enterprises lately launched Elomir, whose flagship product is a NAC strip. Not like Elomir, Provizion World appears to have stored any outrageous medical advertising claims in test.
For an power drink Provizion Vitality appears massively overpriced, coming in at $5.95 a serve. Sure Provizion Vitality accommodates glutathione nevertheless it’s nonetheless marketed as an power drink.
You’re in all probability higher of getting a much more cheaper glutathione complement and separating your power necessities.
Sometimes once we see an MLM firm with merchandise that aren’t retail viable, that lends itself to a pyramid scheme.
Right here’s the place issues get fascinating.
For all intents and functions, Provizion market themselves as an autoship recruitment pyramid scheme.
This begins with Provizion World’s “444 Success System”:
The 444 Success System options prominently in Provizion World’s compensation plan, with no particulars supplied. Are these retail prospects or recruited associates? Why are they every shopping for 120 capsules of Provizion GSH a month?
Right here’s Provizion World’s description of the “444 technique”, as featured on their web site:
When navigating via our compensation plan, we suggest a 444 technique, construction and system.
Investing your time and efforts to Invite a minimal of 4 folks a day, for at the very least 4 days of the week, after which repeating that very same exercise for 4 weeks, would imply a minimal of 64 folks invited in a single month.
Your purpose could be Sponsor 4 severe IBO’s, and help every of those new Microbusiness companions to Sponsor their very own 4 IBO’s.
With everybody striving to comply with this 444 a worthwhile microbusiness community can start to develop.
Yeah, that’s a pyramid scheme.
Connected to Provizion World’s compensation plan is an earnings desk, offering particular greenback quantities per associates recruited (click on to enlarge):
So Provizion World is an autoship recruitment pyramid scheme, finish of evaluation – proper?
Not fairly. Properly I imply it’s however there’s extra to look at right here.
For those who’ve been paying consideration, you’ll notice Provizion World’s retail buyer necessities. These kick in early on from Space Staff Builder.
Oddly sufficient there’s no point out of retail gross sales wherever within the 444 technique. In reality in case you adopted the technique, you’d by no means make it previous the second Staff Builder rank.
Which makes the recruitment earnings chart supplied above grossly misleading advertising. You may’t receive the projected earnings in case you comply with the 444 technique.
So what’s occurring right here?
- Provision World is mendacity about retail buyer necessities and/or not implementing them;
- Provision World is incorrectly counting affiliate autoship as a retail buyer order;
- Provision World is violating the FTC Act by massively deceptive potential associates with unobtainable earnings potential through its 444 technique.
I can’t definitively say which is the case right here, however all three potentialities are violations of the FTC Act.
Oddly sufficient, the FAQ part of Provizion World’s web site states:
What nations is Provizion World presently doing enterprise in?
We’re open to the US and supply not for resale product service in Australia, New Zealand and Canada.
Provizion World is useless in all of these nations (exterior of early joiners within the US profiting off present enterprise exercise).
SimilarWeb’s site visitors chart for Provizion World’s web site exhibits, in June 2022, the corporate recorded lower than 600 visits to its web site for the month:
For an MLM firm, that’s properly into non-profitable territory. Then, seemingly out nowhere, we see in July 2022 site visitors exploded – comparatively talking.
Of the ~7000 web site visits SimilarWeb tracked in August 2022, 82% is from Nigeria – a rustic Provizion World doesn’t declare to be working in.
How unusual.
I believe a technique or one other, Provizion World is being stored afloat by pyramid scamming Nigerians.
For those who attempt to purchase Provizion World merchandise as a retail buyer, you’ll be able to’t even ship to Nigeria – so I don’t even suppose recruited Nigerians are receiving something.
Provizion World’s Nigerian associates seem to simply be paying a price every month. This qualifies them to obtain commissions on others paying the identical price.
That is an extremely poor exhibiting from LaCore Enterprises.
As with all MLM pyramid schemes, as soon as recruitment dries up so too do the commissions.
Math ensures the vast majority of individuals in a pyramid scheme lose cash.
