Provizion World operates within the dietary complement MLM area of interest.
Provizion World is a part of LaCore Enterprises. Each firms are primarily based 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 skilled in a profession spanning greater than 25 years working in main markets world wide.
His expertise consists of 12 years residing and dealing in South Korea and up to date initiatives within the Folks’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 high-quality in 2014
- Nu Pores and skin copped a $765,688 high-quality in 2016 (additionally they paid out $47 million in a associated class-action)
- Herbalife copped a $122 million high-quality 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 government 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 Improvement.
Nelson held the position for 9 years. He completed up with a quick stint as Director of Market Improvement & 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 serious Asia Pacific market efficiently.
Nelson moreover claims he’s
skilled in complicated mainland China enterprise integration. Enterprise relationship, cultural adaptation, programs, course of and execution experience.
I can’t verify whether or not Nelson had a task in Nu Pores and skin’s shenanigans in China (or let’s face it, another MLM firm working in China).
In July 2008 Nelson signed on as Vice President of Enterprise Improvement as Max Worldwide.
Nelson held the position until February 2013, after which he signed up as Vice President of Worldwide Improvement for Univera.
Nelson’s tenure at Univera was comparatively brief, ending in October 2014.
From 2014 Nelson seems to have centered on introducing companies to Chinese language, Korean and Russian markets by way of Rick S. Nelson and Associates.
That brings us to Provizion World’s launch in late 2020.
Learn on for a full assessment 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 substances that empowers your physique to guard and restore itself on the mobile stage”, retails at $69 for a bottle of 60 capsules
- Provizion Vitality – “a Peak Efficiency Concentrated Drink that gives vitality, 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 workforce generations.
Extra rank particular efficiency bonuses are additionally out there.
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
- Crew Builder – generate and keep 50 PV and 200 GV in weaker binary workforce facet quantity over a rolling four-week interval
- Space Crew Builder – generate and keep 100 PV over a rolling four-week interval, refer and keep one retail buyer, and generate and keep 1500 and 2000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 1500 GV from anybody recruitment leg)
- Regional Crew Builder – keep 100 PV over a rolling four-week interval and one retail buyer, and generate and keep 3000 and 4000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 3000 GV from anybody recruitment leg)
- Nationwide Crew Builder – keep 100 PV over a rolling four-week interval and one retail buyer, and generate and keep 5000 and 7000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 5000 GV from anybody recruitment leg)
- Director – keep 100 PV over a rolling four-week interval, refer and keep two retail prospects, and generate and keep 7000 and 10,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 7000 GV from anybody recruitment leg)
- Space Director – keep 100 PV over a rolling four-week interval and two retail prospects, and generate and keep 10,000 and 15,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 10,000 GV from anybody recruitment leg)
- Regional Director – keep 100 PV over a rolling four-week interval and two retail prospects, and generate and keep 13,000 and 20,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 13,000 GV from anybody recruitment leg)
- Nationwide Director – keep 100 PV over a rolling four-week interval and two retail prospects, and generate and keep 15,000 and 30,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 15,000 GV from anybody recruitment leg)
- Government – keep 100 PV over a rolling four-week interval, refer and keep 4 retail prospects, and generate and keep 20,000 and 50,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 20,000 GV from anybody recruitment leg)
- Space Government – keep 100 PV over a rolling four-week interval and 4 retail prospects, and generate and keep 25,000 and 75,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 25,000 GV from anybody recruitment leg)
- Regional Government – keep 100 PV over a rolling four-week interval and 4 retail prospects, and generate and keep 50,000 and 150,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 50,000 GV from anybody recruitment leg)
- Nationwide Government – keep 100 PV over a rolling four-week interval and 4 retail prospects, and generate and keep 100,000 and 300,000 GV in weaker and stronger binary workforce facet quantity over a rolling four-week interval (capped at 100,000 GV from anybody recruitment leg)
- Ambassador – keep 100 PV over a rolling four-week interval, refer and keep eight retail prospects, and generate and keep 125,000 and 500,000 GV in weaker and stronger binary workforce 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 rely in direction of rank qualification, retail prospects will need to have bought at the 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 well-liked prospects and recruited associates.
Most well-liked prospects are retail prospects who’ve agreed to enroll in 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 workforce, cut up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are crammed through direct and oblique recruitment of associates. Notice there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every week Provizion World tallies up new gross sales quantity on each side of the binary workforce.
A ten% residual fee is paid on weaker binary workforce facet gross sales quantity.
Notice that residual commissions are topic to an earnings cap (see “Residual and Matching Bonus Earnings Cap” under).
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 workforce, with each personally recruited affiliate positioned straight beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
The Matching Bonus is tracked and paid through Space Crew Builder generations.
The primary Space Crew Builder or greater in a unilevel workforce leg caps off the primary Matching Bonus era for that leg. The second era of that leg begins instantly under them.
If a second Space Crew Builder or greater exists deeper within the leg, they cap off the second era, with the third starting instantly under them.
If there are not any Space Crew Builders or greater deeper within the leg, the second era extends down the complete depth of the leg.
Utilizing this generational construction, Provision World pays the Matching Bonus on as much as ten generations primarily based on rank:
- Administrators earn the Matching Bonus on as much as one era per unilevel workforce leg
- Space Administrators earn the Matching Bonus on as much as two generations per unilevel workforce leg
- Regional Administrators earn the Matching Bonus on as much as three generations per unilevel workforce leg
- Nationwide Administrators earn the Matching Bonus on as much as 4 generations per unilevel workforce leg
- Executives earn the Matching Bonus on as much as 5 generations per unilevel workforce leg
- Space Executives earn the Matching Bonus on as much as six generations per unilevel workforce leg
- Regional Executives earn the Matching Bonus on as much as seven generations per unilevel workforce leg
- Nationwide Executives earn the Matching Bonus on as much as eight generations per unilevel workforce leg
- Ambassadors earn the Matching Bonus on as much as ten generations per unilevel workforce leg
Notice that the Matching Bonus is topic to an earnings cap (see “Residual and Matching Bonus Earnings Cap” under).
Residual and Matching Bonus Earnings Cap
Provizion World caps residual commissions and the Matching Bonus weekly primarily based on rank:
- Crew Builders can earn as much as $500
- Space Crew Builders can earn as much as $1000
- Regional Crew Builders can earn as much as $1500
- Nationwide Crew 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 could 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 Crew Builder and better with a one-time Rank Achievement Bonus:
- qualify at Crew Builder and obtain $25
- qualify at Space Crew Builder and obtain $50
- qualify at Regional Crew Builder and obtain $100
- qualify at Nationwide Crew 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 complete bonus.
Life-style Bonus
Provizion World rewards Crew Builder to Nationwide Director ranked associates with a month-to-month Life-style Bonus:
- qualify at Crew Builder and obtain $25 a month
- qualify at Space Crew Builder and obtain $50 a month
- qualify at Regional Crew Builder and obtain $100 a month
- qualify at Nationwide Crew 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 Life-style Bonus (see “Management Bonus” under).
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 primarily based 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 well-liked buyer and Crew Builder or decrease ranked affiliate to obtain one share within the Management Bonus.
To qualify the popular buyer and Crew Builder or decrease ranked affiliate will need to have both ordered or generated 100 PV in orders over a rolling four-week interval for 12 consecutive weeks.
Notice that chosen most well-liked prospects obtain product credit score in lieu of a financial bonus.
Extra Rewards
Provizion World’s compensation plan states the corporate
might supply extra awards, similar to: cellphones; tablets; computer systems; management dinners, cars; particular government trainings; free registration, journey & lodging for out international & regional conventions; holidays; management summits.
No particular qualification info is offered.
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 actually a N-Acetyl-L-Cysteine (NAC) and glutathione complement. It has a bunch of different stuff in it however these are the important thing substances.
Dietary supplements containing NAC are an ongoing regulatory concern within the US. Until the FDA decides in any other case, it’s at present unlawful to incorporate NAC in dietary dietary supplements (this course of is beneath assessment).
Glutathione is a standard complement and is available in every single place 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. In contrast to Elomir, Provizion World appears to have stored any outrageous medical advertising and marketing claims in verify.
For an vitality drink Provizion Vitality appears massively overpriced, coming in at $5.95 a serve. Sure Provizion Vitality comprises glutathione but it surely’s nonetheless marketed as an vitality drink.
You’re most likely higher of getting a much more cheaper glutathione complement and separating your vitality necessities.
Usually after 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 attention-grabbing.
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 offered. 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 by way of our compensation plan, we advocate a 444 technique, construction and system.
Investing your time and efforts to Invite a minimal of 4 folks a day, for at the 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 objective could be Sponsor 4 critical 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 assessment – proper?
Not fairly. Properly I imply it’s however there’s extra to look at right here.
In the event you’ve been paying consideration, you’ll be aware Provizion World’s retail buyer necessities. These kick in early on from Space Crew Builder.
Oddly sufficient there’s no point out of retail gross sales wherever within the 444 technique. In reality for those who adopted the technique, you’d by no means make it previous the second Crew Builder rank.
Which makes the recruitment earnings chart offered above grossly misleading advertising and marketing. You possibly can’t get hold of the projected earnings for those who comply with the 444 technique.
So what’s happening right here?
- Provision World is mendacity about retail buyer necessities and/or not imposing 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 revenue 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 international locations is Provizion World at present doing enterprise in?
We’re open to the USA and supply not for resale product service in Australia, New Zealand and Canada.
Provizion World is lifeless in all of these international locations (outdoors 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 feel a method or one other, Provizion World is being stored afloat by pyramid scamming Nigerians.
In the event you 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 assume recruited Nigerians are receiving something.
Provizion World’s Nigerian associates seem to simply be paying a charge every month. This qualifies them to obtain commissions on others paying the identical charge.
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 nearly all of contributors in a pyramid scheme lose cash.
