Texas State University urges caution joining Vemma
Addressing what is referred to as ‘the Vemma craze taking over campus‘, an article recently appeared in Texas State University’s “University Star” publication calling on students to be ‘careful to avoid getting swept up in quick money-making promises‘.
The article, written by “exploratory international freshman” Austin Tomlinson, claims that Vemma is a “dangerous pyramid structure” and paints a pretty bleak picture of the company’s marketing practices and MLM business model.
Success in companies like Vemma requires a complete lifestyle shift for many students, in which lots of time is devoted to selling products and recruiting friends and family.
Students can purchase bulk packages of Vemma’s Verve energy drink in packages of $500 and $1,000 as part of the company’s model.
Although significant profits are possible from drink sales, the Vemma craze taking over campus is a result of grandiose promises to students like six-figure incomes, financial freedom and free cars.
The company is known as a network marketing venture, which means Vemma has opted to advertise through word-of-mouth invitations and sales instead of paying money for commercial publicity.
The pyramid structure is the presented incentive to join the company because representatives are encouraged to not only market drinks but to recruit more students to sell products.
Representatives are paid a small commission from the sales of the people they recruit and those below them. The hope is that the pyramid builds, resulting in what sounds like easy money with little effort.
The company’s approach to potential clients consists of creating hype about the energy drink as a “super juice” and its benefits, providing credentials, presenting success stories and pitching sales.
This is a technique specifically designed by professionals described on the Vemma website as a “talented executive management team, including more than eight decades of cumulative experience in the network marketing industry.”
The approach is designed to quickly overload targets with information to convince them of the necessity to join the company and leave no room for second thoughts.
New representatives are encouraged to recruit friends and family members with the same grandiose promises once they join. Representatives bring in new recruits by advertising perks such as new cars that they have yet to earn and many will not receive.
Sales can become a major effort, requiring a lot of time to be spent targeting potential recruits. The website’s “Getting Started” section does not mention that money is due each month to remain a company representative.
Debt and discouragement can quickly pile up. Sales pitches can quickly get in the way of studying, homework and hanging out with friends.
University populations are relatively small so if indeed Vemma affiliates at Texas State are in a recruiting frenzy it won’t be long before the supply of students who haven’t been pitched the opportunity is exhausted.
I myself haven’t reveiewed the Vemma MLM business opportunity so I can’t comment on the accuracy of Tomlinson’s description of it, however I do note that he compared Vemma to World Ventures (and some other company I’ve never heard of):
Vemma and similar companies such as WorldVentures and Vector Marketing are dangerous because there are only a few representatives who actually work their way up to earning free cars and significant cash.
These companies use rare success stories to lure students in with the hope that they can become extremely rich.
Now World Ventures I do know, and can confirm it’s a blatant membership drien pyramid scheme. Affiliates join the company and are paid a commission for each new WorldVentures membership they sell.
These memberships merely provide access to a third-party travel booking engine and are not products in and of themselves.
In principle, I can see the attraction of energy drinks and a university student body. Exams, partying, socialising… there’s an abundance of reasons university students might find themselves wanting an energy kick so in that regard it makes sense.
If Tomlinson’s claims are accurate though, perhaps how Vemma is being marketed on-campus might be cause for concern.
For those students looking to get into marketing Vemma as an affiliate, Tomlinson suggests
students should take advantage of financial planning seminars or classes offered at the university to become educated about handling money before making significant budget decisions.
Many students are living alone for the first time and may have never balanced a checking account before. These students may be more susceptible to falling for the grandiose promises of companies like Vemma.
Entrepreneurship is a lifestyle requiring hard work every day. Vemma is a danger to some students because the pitch is specifically designed to sound easy, when in reality it is not. Students should be aware of the lifestyle shift required to be successful with a network marketing company.
Students must seriously consider their priorities regarding studies and important relationships before spending $500 to $1,000 on a whim under false pretenses of easily getting rich as a representative.
Pyramid scheme or not, that’s some pretty solid advice.
My calculus textbook was $220. I haven’t used calculus once in 23 years.
Billionaires are buying network marketing companies while universities are putting kids into debt for jobs that are no longer in existence. I know a lot of people hate network marketing. More people hate sitting at a desk having their life sold at wholesale.
I wish this site would publish once a week something positive on a multi billion dollar per year industry.
Positivity is relative.
The front end of MLM is a sea of marketing spiels, sales pitches and inflated egos. We try to take you behind all that. BehindMLM.
Why? The Illegal Drug Industry is even bigger. Heck, let’s just say not “hard drugs”, just ecstasy. That’s a 9.8 BILLION industry a year back in 2003 (UN figures). You see any POSITIVE coverage of that?
And that’s WHOLESALE. Retail that’d be 24 BILLION.
I smell Lawsuit.
Do you REALLY think Vemma or any other “close to the wind” MLM is going to willingly put themselves in a courtroom and have their accounts scrutinized and analysed with the world wide media watching closely ???
Perhaps Tomlinson and the other critics should really investigate legitimate network marketing companies before sticking their necks out with untrue claims.
Obviously any business venture should be analyzed and investigated. There are many really great network marketing companies (Xango, Vemma, Ocean Avenue, Visalus, Kyani, Yoli, 7.2 to name a few). It is one of the only ways a neophyte can really make big money without a big business background and/or a huge investment.
I know thousands of people who have made (collectively) millions of dollars in this industry. Treat it like a business, work diligently, and the profits are there.
Elkhunter,… You said it Right and I quote
I was Presented with FLP MLM Opportunity B years ago. I Immedietely resigned from my Well paying J.O.B Journey Of (the) Broke and cruised into Freedom.
In a Short Years I have ABSOLUTE Time and Financial FREEDOM, Travelled ALL over the World, Drive my Dreams Cars, Live an enviable Lifestyle and very close to my family with all the time to be with my kids.
I have now started my own Internet Marketing Company but I still Earn a Tidy Passive Income (Monthly) from my FLP business and enjoy all the benefits like travel etc for having built a credible sales organization in my team.
Vemma is a Credible company and they have my 5 Star rating.
For those who condemn MLM my simple advice is do your due diligence or ROT in a J.O.B forever.
In PRISON you spend the majority of your time in a 10X10 cell.
At WORK you spend the majority of your time in an 8X8 cubicle.
In PRISON you get three meals a day fully paid for.
At WORK you get a break for one meal and you have to pay for it.
In PRISON you get time off for good behavior.
At WORK you get more work for good behavior.
In PRISON you can watch TV and play games.
At WORK you could get fired for watching TV and playing games.
In PRISON you get your own toilet.
At WORK you have to share the toilet with some people who don’t have good hygiene.
In PRISON they allow your family and friends to visit.
At WORK you aren’t even supposed to speak to your family.
THERE IS SOMETHING SERIOUSLY WRONG WITH THIS PICTURE. Maybe that’s why they call it WORK.
I applaud you for starting your own home-based business. While it is not always easy it is worth it! I applaud Oz, and laud Chang. Chang you never, ever have anything positive to say on either your own blog or this one.
You are in prison because of punishment
You are at work because you are there by choice (to earn money)
One’s involuntary, one’s voluntary.
Thus, any comparison you draw, while interesting, are not really relevant.
Not in any “home-based business”.
My blog is about skepticism and MLM, which generally portrays itself in a positive image. When one is skeptical of the positive image, the result is often viewed as “negative” by people who don’t want a peek behind the curtain. Oz here on BehindMLM is another who peeked behind the mirage, and publicized what he found.
Your tactic, demanding “positve coverage” is known as “demand for parity”, or as John T. Reed puts it, “Both sides of the story”, an intellectually dishonest debate tactic #38.
http://www.johntreed.com/debate.html
Legitimate is not the same as “good for everybody”. There are plenty of things that are legal, but are not good for you. Smoking being one of them. Whether network marketing is one of them is a matter of debate.
Not all people are suited to sales jobs, and MLM, no matter how people put it, is ultimately about selling. I’m glad you found your calling, but MLM is NOT a path for everybody. Please don’t claim that it is, i.e. “if I can do it you can too.” It’s just anecdotal fallacy.
Sure, *some* people do make it big in MLM, but VAST MAJORITY lose money. Just look at income disclosure statements of vairous MLM companies. 80-90% of participants earn a few thousand A YEAR, and some companies further obfuscate the numbers by including “self-consumers” (like Herbalife) or filter the numbers like “active affiliates” (instead of all affiliates).
Sure, you may make it… but the chances are NOT as good as the fans of MLM would seem to suggest.
At least with lottery, you know the exact odds. What are the odds you making it in MLM? THAT is your due diligence.
Underscoring K. Chang — I’ve always felt that if you had the ability/talent to make a good living selling a legit MLM, then you would probably have the (by no means universal) capability to sell things (e.g. cars, etc.) for a more conventional company, and make a good living there too.
@Eugene, that’s be prejudice against MLM as if it’s somehow “less” legitimate than “conventional” companies, and that’s a generality, not fact.
Where in the hell did you study that only one your textbook is 220? From my experience there were no textbooks costing more than $75, and that was time before you could get textbooks over the internet.
And what Billionaires are buying MLMs? May be one or two cases in decade.
NYPost review Vemma… found it to be dangerous to school kids
AND YPRPariah gets a mention.
http://yprpariah.wordpress.com/2013/10/02/ny-post-names-vemma-a-pyramid-scheme/
Interesting read. The YPRPariah website doesn’t seem to link the NYPost article, so I’ve included that below.
http://nypost.com/2013/09/29/energy-drinks-college-push-raising-pyramid-alarms/
I haven’t formally reviewed Vemma so I’ll withhold comment (they’re been on the review list for some time).
I’ve noticed the NYPost diligently following the whole Herbalife saga and now Vemma. Great to see some mainstream press coverage of the MLM industry alongside the mountain PR fuelled press-release spam I sift through daily. I hope the NYPost continue their coverage.
@Oz – let me know if I can help on your VEMMA review…I’m a VEMMA Ambassador, so if you have any questions, let me know…
Ken
University of Toronto was not too kind to Vemma either.
http://thevarsity.ca/2014/02/03/verves-sweet-deal/
Thanks Ken. When I do get around to it should be alright, I don’t recall Vemma hiding information from the public.
I did some math with Vemma’s 2013 income disclosure and I smell a rat. But I need someone to check my math.
Can you guys derive what Vemma paid out in 2013 as commission to all its 105231 affiliates? TOTAL, based on that statement?
Truth In Advertising has a full translation of Italian decision in March that declared Vemma a pyramid scheme there.
https://www.truthinadvertising.org/vemma-deemed-pyramid-scheme-italy/
USAToday hit Vemma with another expose, apparently reposted from a Cincinnati newspaper about recruitment efforts on University of Cincinnati.
Parents are complaining that Vemma-brainwashed kids are dropping out of school and turning against family all chasing Vemma dreams of $$$
NOLINK://www.usatoday.com/story/money/business/2014/07/13/firm-targeting-college-students-draws-scrutiny/12585657/
Aussie student paper calls Vemma a beverage cult:
NOLINK://www.critic.co.nz/news/article/3821/students-targeted-by-energetic-beverage-cult-to-ea
If these college reps were to paint Vemma off as a way to make extra cash on the side by selling PRODUCT in a non-harassing way, I think Texas St. et al would not have such a negative stigma…come to think of it, if every MLM took THAT approach maybe it wouldn’t be hated as much.
Aussie?
Hold up yo, that’s New Zealand.
You know we Yanks… everything in that region is Aussie. 😉
Isn’t it sacrilegious to call New Zealanders’ “Aussies” and vice versa?
@Jeff
In some circles I guess. I’m more interested in accuracy :).
Gotcha :). With that said, loved “Flight of the Concords”