What is Elken Online?
Elken is one of the health product based Multi-level marketing company (MLM) based in Malaysia. The products include Elkem home, beauty and health products. Affiliates get compensated for selling the company’s products and for recruiting others into the MLM.
In this review of Elken, will share with you what it is all about and you can decide for yourself if it is for you. Elken is not available in Sweden, so l am not affiliated to it in any way.
Elken is only available to people residing in the countries below,
Is Elken Good?
1 – It allows affiliate to create their own websites to promote their products and get referrals. l respect any business that allows you to own the means and sell products to people searching them without abusing your relations.l am not talking or replicated websites that are repossessed on the day you quit the MLM. It also a semi-passive way of selling MLM products even while you sleep.
2 – Real products are sold to no-participating customers. Just as in affiliate marketing.
3 – It provides training and Elken marketing tools such as pamphlets, DVDs etc.
4 – Affiliates are paid between 10-15% commissions on retail sales which is reasonable when compared to other MLMs that over price products in-order to please their affiliates.
5 – It promises bonuses which can be as high as 71% plus car bonuses.
Is Elken Bad?
You can have good products but if your business model is flawed, it is difficult to succeed.l will point you to a few challenges that you may face as you promote Elkem products and the opportunity. l will also show the flaws of some of the ‘good’ points.
1 – While l applauded the creation of websites to promote both the opportunity and products there is need for close monitoring of affiliates. The MLM is responsible for any ‘false’ claims or ‘testimonies’ posted by its affiliates on their websites.
2 – There is a danger of scam artists creating their websites pretending to be Elkem Distributors and scamming people of their hard earned cash. When you visit the Elkem log in page (eol Elkem) there is warning against entering passwords on bogus websites.
3 – While affiliate marketing tools are provided, they are mainly for network marketing aimed at your family, friends and co-workers. You then offer them the opportunity, thereby turning them into competitors. Once you saturate your network, you will find it difficult to scale up your business. The method is not universal due to differences in personalities, language barriers and is even susceptible to the vagaries of weather.
4 – It is only available in a limited number of countries. This increases geographical competition as more people join from the same cities or provinces. Since you can buy Elkem products online, l do not see the reason why there are geographical restrictions.
5 – The training on website building and content marketing seems to be lacking as most websites are generic and sub-domains. l bet, this review will be on the first page of Google in a few days and will beat most of the affiliates websites. This free affiliate marketing training will show you how you can do the same.
6- Elkem’s compensation plan is not clearly stipulated on the website.l want to know what l am committing my self into before joining. Too many dreams and promises of intangibles.
Who Can Join Elkem?
l think it offers an opportunity for new people interested in MLMs or Network Marketing to get started without the burden of exorbitant recurring bills. Due to its geographical limitations, the competition seems to be still so low. Any one with the right training in content marketing can easily create a website and get free traffic from search engines. It is also an opportunity for seasoned marketers who just want ‘to snatch a loli pop from a child’.
Elkem Compensation Plan.
As l said above, l did not manage to get a clear picture of the compensation plan from Elke’s official website. From research, l only managed to gather a few indicators.
1. Retail commission – 10% to 20%.
2. You are paid welcome bonuses if you invite others to join Elkem (10% to 20%).
3. Family bonus (10% to 15%).
4. Mentor Bonuses.
5. Car bonus if you maintain the diamond level for at least 2 full calendar months.
6. Quarterly Global Dividend 3%
If you know where to find a detailed Elkem compensation plan Pdf, kindly let me know in the commentary box.
l will only discuss a few popular products and the general sentiments around the web on each product. Prices depend on the currency used and there are also promos if you buy more products at once. You may also consider buying products that will enable you to benefit from free shipping. These views are research based and are in no way the true representation of the products. YOU are advised to use them as guild lines for further research before you purchase.
This is one of the most popular products. Spirulina Elken is said to be a supplement that provides energy and improves general well-being. It is said to have more than 60 natural nutrients and has received recognition from variuos authorities. There are also some positive feedback from customers cum affiliates.
You must take reviews by affiliates with a pinch of salt. Keep in mind that supplements are NOT medicament which are regulated. Companies can get away with any claims. l am also skeptical when products offer benefits that are difficult to reasonably deduce from your original state such as ‘good health’, ‘improved well-being’…
Elken Water Filter-Bio Pure K-100.
Compete with water filters from similar MLMs such as Amway and Cosway which offer similar gadgets. It is said to use the process of reverse osmosis. Allows for continuous filtering and also include a process for improving water taste.
l am not a techie and l am happy that you can drink Swedish water straight from the tap. There are positive reviews about the longevity of the filter. If the 2 year warrant is honored it sounds like a great deal. It would be prudent to check if replaceable parts become absolute soon after the expiry of the warrant.
There are also concerns about the process of reverse osmosis that is is said to also remove essential minerals from the the water. The World Heal organisation is also said to have warned people against consuming water from such processes arguing that it is suitable for industrial purposes. Demineralized water is also not recommended by health care workers.
Elkem price list 2016 will indicate the stipulated prices of products. Please note that this is Elkem price list in Malyasian currency.
Other popular Product List.
Is Elkem a Scam or Pyramid Scheme?
In my view it a Multi-level Marketing company that promotes network marketing methods when selling products. If it keeps its policies, pays affiliates in full and on time, it can not be out rightly labelled as a scam. So is it a Pyramid Scheme? This is the difficult question to answer unless there is information on the percentage of products being sold to external customers as compared to affiliates. If products sold to affiliates are more than 51% of total sales, the MLM is labeled a pyramid scheme (according to ruling against Vemma). It also depend on the laws of the country in which the company is operating in.
Share your opinions and experience with Elken. l have done my part.
P/S : l will not be publishing comments with Elken distributors website links. Send me a PM via my ‘contact me‘ page for assessment.