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Is Savvi A Pyramid Scheme? What’s The Truth About This MLM Company?
Welcome To My Savvi Review!
Are you into fashion? If yes, then it might be good to know that you can make money out of something you love. For instance, some companies allow you to earn with them by selling their products and at the same time, asking more people to join the platform.
Such a platform is called multi-level marketing (MLM). It's a legit business model but people who promote this often get in trouble.
Perhaps it’s the recruitment or maybe the way they market the brand.
Savvi Review Summary
Founders: Rachel Domingo
Product Type: Multi-Level Marketing
Price: $99 To $999 For The Business Packages
Quick Summary: Savvi is a women's clothing line that provides an opportunity through network marketing. It’s relatively new and somehow promising but is it even legit in the first place? Why are some people calling it a scheme rather than a legit program? Let’s find out this in this honest Savvi review.
Overall Rating: 3/10
Nonetheless, there are a few MLM companies that can be worth your time but before you join one, be sure to read reviews about the program beforehand.
In this post, we’ll talk about a networking company called Savvi.
It specializes in promoting clothes for women and while it’s still new, it’s making hype online.
Is it really that good or is it just another scam?
Let’s find out in this honest Savvi review.
What Is Savvi About?
Savvi is a women’s fashion brand that aims to help every woman feel exceptional through their products and earning opportunities.
It was founded by Rachel Domingo way back in 2019 and currently, its CEO is Ken Porter. This company offers leggings, sports bras, tanks, tees, hoodies, jackets, and more.
Despite being a new site, it has garnered quite a pleasant impression on the side of consumers.
Savvi Product Line
At the moment, it offers 3 product lines including:
- Fit - Gym and athletic wear
- Everyday - Clothes for daily activity
- Luxe - Luxury fashion line
How To Make Money With Savvi?
Being a Multi-level marketing company, Savvi has only two means of making money, such as:
Members have access to discounted prices, allowing them to earn a profit when they sell the products based on the suggested retail price.
This means inviting people to join your team so you can earn extra commissions from their sales.
It’s almost the same as:
Is Savvi A Scam?
If you’re worried about Savvi being a scam, it’s good to know that it’s a legit MLM brand. There’s a real way to make money here other than building your team and that’s through retail sales.
Speaking of recruitment, you don’t earn directly from inviting people instead, you make money when your downline makes a sale.
However, being an MLM, it garnered a few negative feedback because of how it’s marketed.
You can check the video below to learn more:
Is Savvi A Pyramid Scheme/Ponzi Scheme?
No, Savvi is not a pyramid scheme as it has another way to make money and that is by selling clothes. You don’t just invite people to join your team and earn from it directly, you encourage and train them so they can make a sale and you can earn from it, too.
It’s not a Ponzi scheme because there’s no promised return of investment even without doing anything. It’s an MLM that requires hard work, commitment, and patience.
Savvi Compensation Plan
There are a few ways to grow your earnings in Savvi, including:
Within their plan, there are 13 ranks where you can earn from. Here's the clear representation of each rank from their names with the multiple requirements you need to obtain to qualify:
- Rep – Sell 50 items or enroll a person with a pack
- Advanced Rep – Personally recruit 1 person and have a team volume of 300
- Senior Rep – Personally recruit 1 person and have a team volume of 1,000
- Leader – Personally recruit 2 people and have a team volume of 2,500
- Advanced Leader – Personally recruit 3 people and have a team volume of 5,000
- Senior Leader – Personally recruit 5 people and have a team volume of 10,000
- Executive – Personally recruit 8 people and have a team volume of 20,000
- Advanced Executive – Personally recruit 10 people and have a team volume of 50,000
- Senior Executive – Personally recruit 12 people and have a team volume of 100,000
- Director – Personally recruit 12 people and have a team volume of 250,000
- Advanced Director – Personally recruit 12 people and have a team volume of 500,000
- Senior Director – Personally recruit 12 people and have a team volume of 1,000,000
- Diamond Director – Personally recruit 12 people and have a team volume of 2,000,000
You can potentially make more money the moment you obtain a higher rank. But it will be difficult to attain these high ranks. In fact, most people can hardly reach the 3rd and 4th levels.
Your rank and the number of your sold items within a month will be the basis if you can earn from 25% up to 50% on the whole personal sales you've made.
For instance, if you only sell 1 up to 20 pieces of clothes, you'll earn 25%. On the other hand, if you sell more than 200 pieces, then you can earn up to 50%.
Unilevel structure was being used by Savvi within their plan. So, it implies that every person that you've directly or indirectly recruited will be under you. It also means that you'll get a share of the percentage from all the commissions they make. Your calculated earnings are made possible through “generations”.
A generation starts when you recruit an Executive in one of your legs, then ends when you find another Executive in the same leg. You can only have a maximum of 3 generations in one leg.
That being said, based on your ranking here's a glimpse of how much you can earn:
- ◎Executive = 2%
- ◎Advanced Executive = 5%
- ◎Senior Executive and above = 9%
You can likewise earn within their plan through a few offered bonuses like additional money and points to avail a wonderful vacation.
Just remember that achieving such aforementioned compensation plans will be possible if you're going to sell many items within a particular period.
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How Much To Join Savvi?
Upon signing up for Savvi, you can choose from the 4 offered packages. It includes:
- ◎Basic = $99
- ◎Value = $499
- ◎Super Value = $799
- ◎Extra Value = $999
You’ll be able to get your account set up and be offered marketing tools and training on how to go about selling your business with the basic package. Several pieces of clothing will go along with more expensive packs which you can eventually showcase to your customers, later on, to be sold.
The chances of earning a decent income with a new multi-level marketing company are higher because, at this point, there are only a few distributors to compete with. You have the chance to be at the top of the pyramid and find more people to be your downline. That being said, you can make more money from the commissions you get for your team’s sales.
Knowledgeable CEO In The Fashion Industry
It's safe to say that Rachel is pretty knowledgeable and qualified to manage Savvi since she's been in the fashion industry for two decades. It’s also worth noting that she’s not been involved in scam-like programs, which is unfortunately usual for some MLM brands.
Expensive Membership Fee
At the very least, Savvi's membership isn't practically cheap. Their cheapest membership fee is around $100 without included clothes samples. It could be hard since you need samples to let your potential customers see the items.
You need to pay $500 just to have a package including the clothes. Based on the details of the estimated possible earnings per year, it will be quite a challenge to get back your initial $500 investment plus the other costs even before you can sell something.
When you look online, you can quickly see how many clothing brands there are already. There are too many competitors to worry about and other than that, there are cheaper alternatives, which is a challenge for MLM distributors.
Unless you’re willing to learn and include new techniques to sell, it can be hard to be successful in this business model.
The Business Model Itself
An alarming number of people absolutely failed in this venture. To be precise, statistics record 99% of people who join failed to get back their invested money on MLM, so it wouldn't be easy to earn money here.
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Who Is It For?
Savvi might be a good fit for you if you're into fashion, have prior experience in selling and recruiting, and quickly manage to start with recruits.
If you have any concerns regarding Savvi, you can seek assistance through consulting online forums.
You can also ask questions on their website’s chat box or from your upline directly.
Savvi is a legit multi-level marketing company, but I'm certain that upon completely reading this review you've figured out that joining Savvi isn't worth it.
Working for MLM companies, like Savvi, is way tougher than any actual job or other business model.
The income you’ll get depends on how you work; unless you’re putting effort into marketing your products, then it’s less likely for this program to work for you.
It’s also expensive and not ideal for beginners since there’s a chance to not get your investment at all, and studies and MLM distributor’s stories can back this up.
So unless you can commit to this, it’s best to look for other options.
MLM, despite being legit, is a risky business model. It's risky in a way because you’re likely to invest a big amount only to end up losing most or all of it.
So if you’re looking for a better option, I suggest that you join my #1 recommended program and take advantage of these benefits:
- Training resources
- Webinars to help you start your business online
- One-on-one coaching
- Comprehensive guide
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Thank you for reading my Savvi review. Please feel free to share your opinions or ask questions in the comment section below.