Welcome to My Wikaniko Review!
There are over a gazillion multi-level marketing (MLM) opportunities out there and perhaps, someone has introduced you or you’ve seen a post online for a company called Wikaniko. It might look appealing, especially if you’re an eco-friendly products enthusiast.
Wikaniko Review Summary
Founders: Trevor and Karen Blake
Product Type: Multi-Level Marketing
Price: £24.95 ($35) For The Membership Fee + £4.95 ($6.87) For The Monthly Website Maintenance
Quick Summary: Wikaniko is a legitimate UK-based multi-level marketing company that essentials for health, home, and cleaning products. It is known to be a company with a good reputation and it hasn't been subject to any controversy or issues as compared to most MLM scams.
In fact, it’s praised by consumers and has received positive responses.
What’s more appealing with the company is the campaign on eco-friendly products to live more sustainably. Their products are also reasonably priced.
However, as an earning opportunity, it follows the same income approach that you’ll find in most MLMs -- commissions from retail and recruitment, so apparently, it’s good as a side income.
Overall Rating: 5/10
Good news, it’s a legit company with seemingly good feedback but what’s the truth behind this program?
Should you sign up and become a member? How does Wikaniko work? Is this a good source of decent income online?
In this Wikaniko review, we'll take a closer look at the health and wellness brand and provide all the details you need so you can decide whether this program is for you or not.
What Is Wikaniko About?
Wikaniko is an MLM company that markets eco-friendly health, home, and cleaning products and it’s based in the United Kingdom. Being networking, it offers an affiliate program to whom they refer to as Wikaniko Independent Distributors.
As a member, you’ll earn through retail commissions and recruitment commissions, which is typical for an MLM platform.
As mentioned, the most notable thing about the company is its reputation. People loved and praised the brand and its products with positive responses. They also don’t have any involvement in controversies and scams.
Wikaniko is indeed a legit business that comes with tangible products that are even reasonably priced.
Wikaniko comes with a rally of promoting “eco-friendly products that make it easy to live a sustainable life” as its name suggests Wikaniko (“We Can Eco”).
This is an appealing cause that would draw eco-friendly enthusiasts almost everywhere.
It can be compared to:
Wikaniko was founded in 2008 by the husband and wife team-up of Trevor and Karen Blake who are both enthusiasts in wanting to make green, eco-friendly products available at normal prices and help protect the planet.
Wikaniko Product Line
Wikaniko sells a wide range of eco-friendly products that are reasonably priced and are available exclusively in the UK with free door-to-door delivery.
On their website, these are the major categories included in Wikaniko’s product line:
- Baby & Child
- Body & Hair
- Cleaning & Laundry
- Plastic Free
So, basically they offer personal, health, home, and cleaning products. And here’s a list of some of their specific products:
- Herbal Teas
- Men's Shampoos, Hair Masks, Soaps And Deodorants
- Multivitamins And Supplements
- Scented Candles
- Pet Care Supplies
- Gardening Supplies
- Skincare And Makeup
- Cooking Utensils
Does the product work?
Well, apparently it does as most reviews say and a lot of satisfied customers are happy using Wikaniko products. Their products are not only safer and greener, but they're also cheaper compared to what you'd find in the supermarket or your local stores.
Is Wikaniko A Scam?
Wikaniko is not a scam. It appears to be a legitimate company with a legit MLM opportunity.
It presents a business with a great product line and a decent compensation plan that you could earn from as an independent distributor. It’s also known for its reputation in the UK. Their products are praised by consumers because they’re eco-friendly and budget efficient.
However, being an MLM, it’s still not going to be easy. Though Wikanibko is not that focused on recruitment and yes, you could earn from this MLM opportunity but it might only be good as a side income.
Is Wikaniko A Pyramid Scheme/Ponzi Scheme?
We may label MLMs as a pyramid scheme because of the recruitment hype but Wikaniko is NOT one of those kinds that put a heavy emphasis on recruitment. Thus, it’s not a Ponzi nor a pyramid scheme as it comes with a legitimate opportunity and tangible retail products where you can earn from.
Their focus is more on the products and the campaign on being eco-friendly. Yet, bigger commissions and income come as you build your team of downlines who do the same. So, most probably, independent distributors will opt for recruitment to gain a bigger profit. Yes, recruitment is quite incentivized but it is not the only way to earn money here.
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Wikaniko Compensation Plan
As mentioned, Wikaniko being an MLM itself also follows the same income approaches that you’ll find in most MLMs- commissions from retail and as well as recruitment.
So these are 2 ways to make money in Wikaniko:
1. Direct Sales - As an independent distributor, you buy products at Wikaniko at wholesale price and gain profit by selling them on retail. The difference between wholesale and the recommended retail price would be your profit. Retail income is achieved by obtaining the products at wholesale and selling them at retail, earning 33% to 45% income on the products Commissionable Value (CV).
There are 2 parts to retail income.
a) 33% Wholesale to Retail Mark-up on all personal volume PLUS
b) Volume bonus is based on and paid on Commissionable Volume (CV) as follows:
And also, they don’t require an autoship of the products. However, you're going to be the one to organize packaging and shipping.
2. Recruiting Others Into The Business - Just like most MLMs, the bigger income comes from recruitment. In Wikaniko, you can also earn commissions from sales the people you've recruited generate (up to 8 levels down) and this is known as the Group Volume Commission (GVC).
Wikaniko has a level-based commission structure with qualifying sales and recruitment criteria for each level, starting with the Distributor level and going all the way up to National Team Leader.
So, being an MLM itself. It has affiliate ranks. And this is 7 positions in their compensation/payment plan:
- Qualified Distributor
- Direct Distributor
- Team Distributor
- Team Leader
- National Supervisor
- National Team Leader
You earn up to 6% Group Volume Commission (GVC) on your other branches as follows:
Thus, the higher your level of ranks, the higher the percentage you earn and all you have to do to qualify for GVC is to buy a minimum of £48's worth of products per month.
To learn more about Wikaniko's compensation plan, you can watch the video below:
How Much To Join Wikaniko?
Joining Wikaniko to be an Independent Distributor will cost the first-time payment of £24.95 ($35) and this is for the website setup fee, which includes your first £4.95 monthly website fee.
After that, you’ll have to pay the monthly setup fee of £4.95 ($7).
Wikaniko’s Independent Distributors (IDs) can then get the products at wholesale prices and earn from them as they sell them. They can also expand their business by opening branches anywhere in the UK.
Green, Eco-Friendly Products At Good Prices
Not all people are eco-friendly enthusiasts but joining a business or buying an eco-friendly product can be quite impactful to one’s self. Not only you can save buying the products as an independent distributor but you also take part in saving planet earth. Now, that can be quite rewarding, I may say.
Wide Range Of Products
Wikaniko has a wide array of products to choose from in its product lines. And it’s good that you could choose from a wide variety. So, you could either promote them all or narrow them down and find a specific niche for yourself.
If you’re into skincare, then market such Wikaniko skincare products. If you’re a household mom who’s into cleaning, then promote Wikaniko’s cleaning products. It’s best to market and sell products you know and is close to your heart.
A business can stand with a good reputation and Wikaniko is one of those businesses that is praised as they aren't even involved in any issues, controversies, and scams- making them a pretty established MLM.
Well, a 33% - 45% profit is fairly good as most direct marketing companies give a 30%-50% commission rate. Yet, when it comes to Wikano’s product shipment to customers, as an independent distributor, you’ll be the one to organize packaging and shipping, so, you’ll have to shell out some money for that.
Yes, Wikaniko is better compared to other MLMs but nothing changes the fact that it’s still an MLM that will opt you to build a team.
While recruitment is not the focus of their compensation plan, the incentives for having a bigger, more active team are more promising and can help you level up your affiliate rank.
Not A Regular Source Of Income
Yes, the profit margin is fairly good yet how you generate sales as an independent distributor is still up to you. So get creative and think a little outside the box to get yourself more marketing exposure.
But then MLMs like this take a lot of work to gain the lucrative income you desire. Unless you’re extremely good at selling and networking, I can say that it’s only good as a side income.
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Being a Wikaniko Independent Distributor and paying the website fee, gives access to a website that contains all the information you need to start building your Wikaniko business. This includes your own online shop, which enables you to begin to build a customer base and sponsor new Independent Distributors into your business all done from your own website.
You will receive access to the distributor forum where you can get tips and advice from the people who are creating success in the business.
Training is also provided and is available through the Internet.
This training is supplemented by local training sessions via leader’s Home Meetings.
And also, personal one-on-one coaching (through Skype or phone session) from the top people in the “work from home” industry or the owners of the business is also available to registered distributors and this will enable you to find out how to get the best from Wikaniko!
I commend Wikaniko for doing business for a cause.
It is indeed a legitimate MLM company and it’s far from being a scam.
They also have a wide range of products that are not only safe, eco-friendly but are also budget efficient. However, as an earning opportunity, it’s still an MLM platform that follows the MLM structure.
It’s probably still gonna opt you to recruit.
Yes, you could go for this opportunity if you want some side income but for sustainable living, there are definitely better options than it.
So, for me, I’m not recommending you to this one.
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Thank you for reading my Wikaniko review!
I hope this post has enlightened you.
If you have questions or comments, please feel free to share them below.