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Is Gano Excel A Scam? Medicinal Mushroom-Infused Coffee Giant Uncovered!
Welcome to My Gano Excel International Review!
In today’s generation, coffee is more like a necessity to most people and with that MLM opportunities that market and sell coffee are teeming over the market and online businesses.
Indeed, most people really yearn and live for coffee.
Gano Excel Review Summary
Name: Gano Excel
Website: Mr. Leow Soon Sen
Founders: Multi-Level Marketing
Product Type: Multi-Level Marketing
Price: $50 To $995 For The Starter Kits
Quick Summary: Gano Excel International is a multi-level marketing (MLM) company that sells a variety of coffee products that incorporates a medicinal mushroom called Ganoderma Lucidum and other essentials, such as beverages and supplements.
Like usual MLM companies, it has exaggerated product claims, such as the promise of lucrative income. Of course, this opportunity often monetarily favors the upper-tier alone. But other than that, several issues caused the company to shut down a few times in the US and Canada.
Overall Rating: 3/10
Coffee is probably the second most traded commodity. And throughout the years, coffee products evolved. Some have even infused it with healthy ingredients and claimed therapeutic effects like this networking company we’re going to talk about -- Gano Excel International.
The ever sought coffee paired with health benefits and an MLM opportunity may quite seem like a big catch. But this would really be profitable? Is Gano Excel a legitimate company or is it just a scam? How much money can you make out of joining this program?
You will know this and more pertinent details as we go through this Gano Excel Coffee review.
What Is Gano Excel Coffee About?
Gano Excel International has been known as one of the giant coffee MLMs worldwide. Their unique coffee product with the medicinal mushroom Ganoderma Lucidum has indeed been doing well for the past years. It may have been surprising but Gano Excel is quite successful in this field.
Gano Excel was founded in 1995 by Leow Soon Seng to bring health, wealth, and happiness to the community. Gano Excel was born in Malaysia but has won international recognition as a global leader in the research, cultivation, production, distribution, and marketing of innovative world-class Ganoderma immunology products.
The founder and current owner, Leow Leow Soon Seng was a research scientist. He first became interested in orchid plantations and the medicinal properties of various mushroom (fungi) species in Malaysia in 1983.
Leow Soon Seng discovered that the climate and humidity in Malaysia are very conducive for Ganoderma cultivation, and he found that Ganoderma Lucidum -The Red Mushroom has the highest nutritional value compared to other types of mushrooms. After years of his study and research with these, Mr. Leow founded Gano Excel and officially opened its door to the general public in a humble store in Malaysia.
In the years, Gano Excel had even gone into global markets and has distributed products in more or less 70 countries worldwide.
However, Gano Excel has been involved in some issues including the speculations of false advertising and non-declaration of products in their blends. And also, they have records of closing in operations in the US and Canada due to inception.
Gano Excel Coffee Product Line
Gano Excel International is a coffee giant multi-level marketing (MLM) company that sells and markets mostly coffee products. Their main catch is that it incorporates Ganoderma Lucidum (a medicinal mushroom) as the company name depicts.
Gano excel claims that they are the only Ganoderma Lucidum provider in the world to own all of its own. Well, aside from coffee, they also have other products such as beverages, supplements, and personal care that are as well containing Ganoderma Lucidum.
With regards to Gano Excel products, they are broken down into 2 categories as follows:
- GanoCafe – This is the line of coffee and tea and consists of the following products, Tongkat Ali; Mocha; 3 in 1; Hazelnut; Schokolade; Classic; Creal and Rooibos Tea
- GanoDaily – This is the wellness category and consists of soap; toothpaste; Cordyceps; Garcinia; Sakanno; Excellium and Ganoderma
Price-wise, Gano Excel products are quite high. However, they are doing well in the market taking into consideration that they’ve been already operating for such a long time.
How To Make Money With Gano Excel Coffee?
Being an MLM opportunity, Gano Excel offers an affiliate program for those who would want to be a Gano Excel distributor or whom they refer to as an Independent Business Owner.
It works almost the same as Planet Impact, RegenaLife, Jerky Direct, ViSalus, and Essanté Organics.
Gano Excel claims that they provide the opportunity to achieve your goals, no matter how modest, or how grand. These are how you’ll get compensated in Gano Excel’s MLM opportunity:
Being an MLM platform, you’ll have to recruit people to join in the program- into the opportunity of selling Gano Excel. So your time will be best spent trying to build a team and recruit people. See the chart below where you can go five levels deep.
- Retail - Simply sell wholesale products for a retail price and keep the profit. The Gano Excel compensation plan is straightforward for retail sales and the distributors will be earning 15% to 25% profit on sales. Well, this seems low compared to other MLM companies that have retail profits of 50% or more for their products.
- Fast Start - Earn "Fast" cash by helping others "Start" with Gano Excel. There are also fast start bonuses on generation 1 when you sponsor someone into the program. The bonuses range from $25 to $150 depending on which ESP your recruit chooses. Override bonuses can be achieved as well from $5 to $40 on the generations 2 through 5.
- Residual Binary - Build a team to help you, and earn from their success. Just like starting a business, without the risk or hassle.
- Check Matching Bonus - Recurring income for creating a great team.
- Global Bonus Pool - Because of your success, earn from the company's success.
See more about their compensation plan in this video:
Is Gano Excel Coffee A Scam?
No, Gano Excel International is not a scam. It is a legitimate MLM company that’s been selling and distributing products containing the claimed medicinal mushroom - Ganoderma Lucidum.
You can also earn these products depending on sales and recruitment commissions.
They’ve been in the business for 25 years and that’s quite a long time to consider it a scam. But still I would not recommend you join this MLM opportunity because they’ve been involved in some legal issues and other more reasons that I’ll discuss below.
So how to get started? First, to join, you’ll have to choose a Gano Excel Starter Kit which includes products and essential tools and resources for the business. You’ll have to need these products to get into the hands of potential customers. With regards to the starter kit, there are 5 different options to choose from, see below along with their corresponding costs.
- Smart Start- $50
- Smart Start Plus- $100
- ESP 1- $195
- ESP2- $495
- ESP3- $995
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No Unnecessary Fees
There’s not much too like about Gano Excel other than the fact that there are no monthly fees and as well as yearly renewal fees for distributors. So you’ll just have to buy products for wholesale and earn from them.
Good Selection Products
Their products are pretty much a catch for it incorporates a medicinal mushroom. And it has also been an established company since it’s been already on the run for quite a long time. Well, it goes to show that the consumers may have as well patronized their products.
Records Of Closing
Gano Excel International has been involved in some issues including the speculations of false advertising and non-declaration of products in their blends. Due to its inception, they have records of closing in operations in the US and Canada. For me such a record is already a warning not to buy into the opportunity.
Well, most MLM opportunities used such exaggerated product claims and promise of lucrative income to persuade more people to join. And it seems like Gano Excel joined the bandwagon of such schemes.
The company has mastered the art of enticing unsuspecting people into the scheme by using exaggerated income and product claims. Probably, one of the strategies it’s been standing up to today. For me such a fraudulent way is a major turn-off.
As a Gano Excel Independent Business Owner, they must meet a monthly volume to stay qualified. So, if you’re not able to sell products to buyers, you’d probably buy a bulk of products from your own pocket money. As an MLM, you’ll not only face the challenge of recruiting but as well as reaching monthly sales quota.
Including the fact that the retail profit is low compared to other MLM opportunities, as an affiliate in Gano Excel, you’ll also need to have a very big team to make a booming income. So, it’ll take you a lot of recruitment.
Since the company’s payment plan heavily favors those at the upper tier, most people who join will end up spending more money than what they would earn. Most of those who’ll join, especially in the lower tier would probably end up making a loss and drop out of the program. Definitely, low-income potential. Low chances of success!
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Who Is It For?
It is a business opportunity intended for those who are good at recruitment and in sales. In short, those who have experience and consummate in the MLM world are at an advantage. It is also for those who are fond of coffee especially those with health benefits.
Gano Excel Coffee ensures that every affiliate receives tools and resources that will help them with their business. These are the following that you will have access to when you become a Gano Excel International Independent Business Owner:
- 24/7 Virtual Back Office
- Personalized Retail and Networking Website
- Industry Leading Business Resources
- Leadership Training and Workshops
- Educational Calls and Webinars
- Proven Sales Materials
Overall, I would not recommend joining this MLM business opportunity. Yes, Gano Excel International may have been an established company that has been running for 25 years and it is not a scam.
However, there are a couple of reasons why I don’t want you to join this program. Just like other MLM opportunities, affiliates would tend to focus more on recruitment because it will pave the way to earn bigger commissions and bonuses.
Affiliates in Gano Excel will be compelled to do so since they will not earn that big in retail sales. So definitely, low-income potential. Their products are pretty much a catch, however, they are a little pricey.
And also, distributors must meet a monthly volume to stay qualified. So they’ll not only be faced with the challenge of catching up with recruitment but as well as the pressure to reach monthly quota.
Since it is an MLM platform, people in the upper apex will be favored and compensated more compared to those in the downlines. And those in the lower tier would probably end up dropping out because they might have been spending more money than what they would earn.
To avoid being like them. So better skip this one!
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By the way, thank you for taking the time to read my Gano Excel International review. Hopefully this review gave you insights you could ponder upon and help you decide.
If you have questions or comments, please feel free to share it below.