Today i will be reviewing a business called Noonday Collection. Is Noonday Collection a fraud? Find out in this Noonday Collection review.
I understand so it has crossed your brain before that running your own personal business is significantly more rewarding than having to work for someone else. However, I bet that what's been stopping you from building a small business is just how much the capital is. Even the littlest businesses require tens and thousands of dollars in capital.
I suppose the outlook of being able to run your own personal business is what brought you to this Noonday Collection review today. After all, the sales pitch of the hunbot who brought you here today sounded impressive, didn't it?
As you continue reading this Noonday Collection review, you will notice so how inverted the reality is from what they described to you. If you should be convinced that joining this MLM guarantees your financial success, then I declare that you continue reading to be able to find out about this company. Settle-back, relax, and grab some popcorn, as you are set for a significant ride.
Before we go further in this Noonday Collection review, I'll define two terms first: MLM and pyramid scheme.
MLM members make money by selling products and recruiting new members. In pyramid schemes, members could only make money by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not associated with Noonday Collection in any way.
Hopefully this Noonday Collection review will help you select whether you wish to register for the company or not.
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What Is Noonday Collection?
There's a small business opportunity side and a philanthropy side with this particular MLM. It works together talented artisans all over the world to create their jewelry and accessory products which for me personally is a great thing.
Noonday Collection is owned by Jessica Honegger who started the business in 2010. Annually later, she introduced the Ambassador Program which allows people to offer and recruit.
They are currently a member of the Direct Selling Organization and has an A+ BBB rating.
With a business like Noonday Collection , you'll either be inclined to participate because you discover potential in these products or because you're amazed with the charitable cause.
But if you really want to make money online, you have to see some proof and solid evidence to convince you this is worth your while.
Is Noonday Collection A Pyramid Scheme?
MLM's get a lot of hate...
A lot.
This is because this industry is packed with scammers and horrible business practices. Also, a lot of folks have lost money in these companies and it's left a collective sour taste.
Due to this vitriol a lot of MLM's have the pyramid scheme label put in it if they don't deserve it.
You see, pyramid schemes are illegal in every the main world and looks entirely like these:
The picture above happens when the only method to make money is by using recruitment (either there's no real product or service/the product can't be sold without recruitment).
Noonday Collection has real products and you are able to sell them without recruitment. So Noonday Collection certainly isn't a pyramid scheme.
It has elements of one because you're monetized for developing a downline but that's much diverse from becoming an illegal pyramid scheme.
Is Noonday Collection a pyramid scheme?
To answer this question we must know just what a pyramid scheme is.
What is a pyramid scheme?
A pyramid scheme is a form of scam where folks are promised money for joining the scheme and recruiting other people. No selling of something or service is involved whatsoever.
So you could be wondering where the money originates from?
The folks that join are expected to pay a one-time fee and in trade for that, they get a percentage of the fee of everyone they recruit after that.
The thing is from the mathematical standpoint it's impossible for all to make money because you simply come to an end of people.
Have a look as of this picture below showing how it's impossible for all to earn money.
As you can see, in this pyramid model it's necessary to recruit 6 people. You'll notice from the 12th level and further, it's difficult anymore for all to earn money.
The 2.2 Billion people on the 12th level need 13.1 billion recruits as a whole for them to make money which can be more individuals than there are currently on Earth.
Taking a look at the description of just what a pyramid scheme is, The Noonday Collection can't be classified as a pyramid scheme from the legal perspective. The Noonday Collection sells products and has given people a way to make money without recruiting people.
That being said, there definitely are a few unanswered questions which make me worry. Read further to find out what I mean.
Final Opinion/Verdict
To conclude, I really could say that Noonday Collection is a legitimate MLM opportunity that can offer a fairly decent income opportunity. Its charitable works are even commendable and praiseworthy.
However, becoming an MLM opportunity that focuses more on sales, it still encourages recruitment. And with no income disclosure statement and compensation plan made available, places it at a disadvantage, this is exactly why I wouldn't recommend you joining this opportunity. Transparency is a must I really could say in any business opportunity.
Being as well a saturated niche, you would have to work hard and innovate strategies to be able to boost sales. So better skip this platform.