If you stumbled your way on to this post you’ve likely considered or have already signed as a Monat market partner. Direct sales can get a bad rap and sometimes for good reason so today I’d like to give you a comprehensive look into everything you need to know about becoming a market partner.
My purpose in this post is to give you all the information you need to make an informed decision on what is best for YOU.
If you are interested in becoming a market partner and would like to learn how to market affiliate products like Monat without having to hustle social media, you can schedule a one on one call with me and I’ll share my entire process.
Now onto why you are here. You want to learn about becoming a market partner.
Let me start by saying, like it or not, direct sales is one of the best ways to earn income online.
Many companies promote quality products and compensate their affiliates nicely for promoting their products. I’ve been doing this a decent amount of time and the commission rate is almost double what the average commission rate is in the beauty niche.
While it’s true that there is a social sigma to direct sales, you cannot ignore the fact that there is power in the compound effect of income potential.
The problem with direct sales isn’t their business plan.
The problem is that as our world has shifted to online influencers, the direct sales business plan hasn’t changed.
What worked 20 years ago for in-person events just doesn’t translate well online to millennials and gen z.
The idea of posting inspirational quotes and slapping a “join my team” call to action on the caption just doesn’t resonate anymore and is kind of a turn-off to a lot of people.
After being involved in two direct sales companies and having success (but hating the business plan) I spent two years brainstorming how to do direct sales better.
And I developed a system that works.
A system that doesn’t require you to sell to your friends and family or consistently meet new people online and try to convince them to buy your product.
Nope.
The system I created focuses on positioning yourself online in a way that the person who wants your product finds you and is ready to buy.
I’m sharing my entire undercover direct sales strategy in my workshop.
You can click here to see the entire workshop.
That’s right, I built my entire Monat business without posting about the product on my social media channel even one time.
If you don’t believe me you can go see my Instagram account here.
What is a Monat Market partner?
Similar to any affiliate program, a Monat Market Partner is someone who wants to promote Monat products and get paid to do it.
As a market partner, you’ll qualify for a ton of promotions and incentives including but not limited to 15-30% commission and many different bonuses.
To put this into perspective, I’ve promoted a good amount of affiliate products in the past and the average payout is between 6-10%.
You can see that Monat’s commission is fairly higher and that’s not even considering the bonus potential which we will talk about in a bit.
How much do Monat Market Partners make? How much do Monat reps make? How much money can you make selling Monat?
As a market partner, you will be able to qualify for several different commission options.
When you enroll a retail customer, you’ll receive 30% commission on their order. This is the highest haircare product commission I’ve found.
Secondly, when you enroll a VIP customer you’ll receive a 15% commission on their order.
BUT WAIT, there’s more!! (insert cheesy grin)
When you enroll as a market partner, you can qualify for Monat’s smart start bonus package.
The smart start bonus can be a little confusing to understand. I’ve broken down what the smart start bonus looks like below.
Monat Smart Start Bonus:
- Enroll four VIP Customers, earn $60
- Build a block and earn $150 – A block is 4 VIP’s and 1 market, partner
- Build a Moneighborhood and earn a $500 bonus – A Moneighborhood is when you build three blocks within your smart start period.
These bonuses are on top of what you are earning in commission.
As you grow your Monat business, there are many ways to earn bonuses.
If you would like to know more about the commission program, you can fill out this form and I’ll reach out to you.<<<INSERT FORM
Does Monat pay weekly?
Yes. Monat posts your commission report every Thursday and you’ll get paid on Friday.
You can choose to transfer your commission to your bank account or have it placed on a preloaded credit card called that is issued through Monat.
How much are Monat bonuses?
As a Monat market partner, you can qualify for many different bonuses.
The first and easiest to hit are the smart start bonuses.
Monat Smart Start Bonus:
- Enroll four VIP Customers, earn $60
- Build a block and earn $150 – A block is 4 VIP’s and 1 market, partner
- Build a Moneighborhood and earn a $500 bonus – A Moneighborhood is when you build three blocks within your smart start period.
These bonuses are fairly easy to hit if you are authentically sharing the products with your audience.
As you grow your business you will be able to qualify for many different bonuses and paid trips.
How do I leave Monat Market As A Market Partner?
It’s simple. Simply stop ordering. There is no contract or minimum order requirement as a Monat Market Partner.
You can try it out for a few months and earn income from home. And if you don’t like there’s no obligation to continue promoting the brand.
If you are thinking about becoming a Monat Market Partner, I highly recommend enrolling with someone who is dedicated to teaching the business in a way that translates online.
Join my FREE workshop on how to promote products online.
Is Monat a pyramid scheme?
That depends on your definition of a “pyramid scheme”.
The term Pyramid Scheme is defined by google as…..
“a form of investment (illegal in the US and elsewhere) in which each paying participant recruits two further participants, with returns being given to early participants using money contributed by later ones.”
Pyramid schemes are illegal in the US.
They were originally designed to enroll investors without offering any services. Meaning that you would pay a HUGE (upwards of $300-$900) get no products or services, and then try to enroll people under you.
With that in mind, the real question should be, is Monat a Multi-Level Marketing Company.
And the answer to that question is yes. But let me explain what that actually means.
Multi-level marketing companies allow influencers the option to promote their products and gain commission.
Within this business plan, you are able to sign other market partners under you and earn a commission from them as well.
Rather than asking “Is Monat an MLM?” The real question should be, do their products work?
If the answer is yes, then I see no harm in giving them a go.
At the end of the day, refusing to try a legit product that works is nothing less than cutting off your nose to spite your face.
Does Monat really give you a Cadillac?
I wouldn’t say “give” but as a market partner, you can qualify for a Cadillac.
Once you’ve hit a certain rank, Monat will send you a $1,500.00 qualifying bonus towards the down payment of your purchase or lease of a white Cadillac.
You can continue earning a monthly bonus to pay for the Cadillac.
This is a cool bonus to earn, but I wouldn’t let it be the deciding factor on whether you join the company as a market partner or not.
Depending on your situation, this might not be the best financial decision.
It’s just something to be aware of.
Is it worth working for Monat?
That question is subjective and depends on your definition of “worth”.
For me, it certainly worth my time to share products that I love and help people see REAL results with their hair.
Before Monat, I worked with people one on one and so it made sense to recommend a product that I believe in and will help get them the results they are looking for.
I’ve tested and experimented with products for over a year and a half and Monat is the one product line that I have seen the best and most consistent results with.
Why Wouldn’t I promote it?
Is Monat a ripoff?
Considering that Monat falls on the lower scale in terms of pricing when it comes to quality products, I’d say no. It is not a rip-off.
You can see by the comparison chart below that Monat products are actually very comparable to other products similar in quality.
There are many other brands that compare. I choose the three below because I’ve used all of them.
Note: To keep it simple, I only compared shampoo from three different haircare lines.
- EVOLVh SmartCurl Hydrating Wash 8oz. – $32.00
- Monat Renew Shampoo 8oz. – $24 (with VIP membership. We’ll talk more about the VIP membership in a bit)
- Curl Quenching Conditioning Wash 12oz. – $25
With those numbers in mind, I consider the cost totally worth it.
H2: Does Monat actually make you money?
Products don’t “make you money”…..
…..Building a trusted brand that serves and resonates with people does.
If you plan on becoming a market partner, slapping up a whole bunch of stock photos on your Facebook page, and think that customers are going to come running, then no, you are not going to make any money.
BUT
If you are committed to serving people and building a brand online that people know, like, and trust, then yes.
Monat can be an incredible revenue source to add to your online business.
You can find out how to do that through my FREE workshop.
How do I get my money back from Monat?
Monat has a 30-day money-back guarantee policy that applies to products and market partner packages.
If you are not satisfied with the quality of the product or the business plan just isn’t for you, you can get a full refund within the first 30 days.
Did Monat win the lawsuit?
Yes, they did. There were a few lawsuits filed claiming that Monat causes hair loss but never made it to court because there was no evidence.
Not one, but three independent clinical tests confirmed that Monat hair products are not only effective but do not cause hair breakage or damage.
According to the independent clinical tests, Monat products improved the condition of the hair.
How long will Monat be around?
Well, based on many other hair care companies that are comparable to Monat in terms of revenue, Monat is going to be around for a while.
Monat is a newer company that was started in 2014 by Luis and Rayner Urdaneta.
Within just one year of launch, Monat was pushing $25 million in annual revenue and has continually grown each year.
I found the numbers below on Monat’s website which confirms my thought that Monat is here to stay for a long time.
In 2018, the company achieved more than $434M in sales, a 668% increase from 2016. It now has 442 employees, close to half a million independent distributors and almost one million VIP clients.
In conclusion:
Becoming a Monat market partner is a great way to add additional income to your revenue stream.
But it’s not for everyone.
If you love the products, and can’t help but talk about how much they’ve changed your hair, then becoming a market partner may be a good fit for you.
As with any product you promote, you should truly love and use the product in a genuine way before promoting them.
Becoming an online influencer is about finding products you use and love that solve a problem and sharing them with your audience.
If you would like to know more about becoming a market partner, you can fill out this form and I’ll reach out to answer any questions you have. <<<<<INSERT FORM
Xoxo
Colleen
P.S Don’t forget to sign up for the FREE influencer workshop!
