**
**Trademark of VEO Natural
VEO Natural
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
Welcome to MLMLegal.Com Company Profiles at www.mlmlegal.com. Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from Company published information, generally posted at Company websites, public information releases or posts at industry trade sites .*
Founding Story
For over thirty years, ( www.mlmlegal.com ) the company’s specialized nutritional products were only available in research facilities and through nutritional specialists. The company was founded by Dr. Allan Millet who had a job collecting bark off of trees for his employer. He didn’t quite understand what tree bark had to do with nutrition until his mother became ill and he make to connect nature and wellness. Dr. Millet eventually met Dr. Halstead and Dr. Farnsworth, who also had wellness and nutrition in mind. They decided to start their own direct selling company.
The company is the product of thirty years with of combined work.
The company is located in Ogden, Utah.Impact on the Industry
NA
www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
Discussion of Products
VEO Natural offers VEO nutritional supplements, such as Active, Core, Relax, and Energy.
Discussion of Opportunity
The company offers five way to earn income:
1) WHOLESALE TO RETAIL: 20%
The most basic way to make money with Veo is to buy product at wholesale prices and sell it at retail prices. The wholesale price is 20% less than retail, and you keep that difference. offer four unique features that make them stand out from other products on the market.
2) FASTSTART BONUS: 50%
Veo pays out 50% of enrollment packages when a new Associate gets started. There are two categories of starter packages (wellness and weight management) and three pricing options for each category ($199, $299, and $499). When a person you’ve enrolled orders their starter package, you get 25% of that order. The person who sponsored you, gets 10% of that order and the first Premiere 2, Bronze and Silver ranked people in the line also make 5% each of that order.
This means that as your downline grows, you could be receiving additional payouts. Make sure you watch your ranking closely to make sure you’re eligible.
3) TEAM COMMISSIONS: 27%
As you start sponsoring new Veo Associates, and they sponsor people of their own, your group volume will begin to grow. Each month you’ll get a percentage (up to 5%) of the PV of everyone in your downline (up to nine levels). This means that as your business grows, you’ll get a percentage of sales from everyone in your downline (within 9 levels, see figure 1).
4) CHECK MATCH: 100%
Associates ranked Silver and above will qualify for Check Match. Each month, Veo looks at all the people you’ve personally sponsored and will cut you a check based on their team commission earnings for the month. Here’s how it breaks out by the rankings:www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
Silver: 25%
Gold: 50%
Platinum: 75%
Diamond: 100%
So if a associate that you’ve personally sponsored get’s a check for $1,000, you’ll get $250 if you’re a Silver (but $1,000 if you’re a Diamond). Again this only applies to the ( www.mlmlegal.com ) people you’ve personally sponsored.
5) EXECUTIVE GLOBAL POOL: 2%
Associates ranked Silver and above get a share of Veo’s global sales. Earn one share of this reward pool for every 500 GV you have for the month.
The compensation plan is illustrated as follows:
VEO Natural offers a car bonus. Distributors qualify once they reach the rank of Gold.
Discussion of Distributor Base and Sales Volume in U.S.
NA
Company Website: http://www.veonatural.com
*At MLMLegal.Com the intent of MLM Company Profiles is strictly educational, and, to provide insight into the broad array of Company offerings from an industry that spans the globe in upwards of 150 countries with sales volume exceeding $100 billion and distributor involvement in the tens of millions. MLMLegal.Com does not promote or endorse any Company. MLMLegal.Com offers no value judgments, either pro or con, regarding the Companies. In most instances, descriptive material comes from self description by the Companies themselves. In all presentations, the names and logos of the Companies are obviously the trademarks owned by the Companies and are presented for the express purposes of informing the public about the Companies; and no product or opportunity offered by the Companies is offered in this presentation.
MLMLegal.Com typically provides a link to official Company websites so that readers can become more fully informed about Companies that are profiled. The descriptive material offered is best categorized as "snapshot" information and represents a good starting point for research on Company products, services and opportunities. It should be clearly understood that such information may need updating in a dynamic and changing business marketplace. In addition, the information is gathered and presented in good faith for educational purposes, and if errors in information become apparent, MLMLegal.Com will attempt to correct the information, or if necessary, delete the Profile altogether. A reading of a Company Profile is properly followed up with visits to the Company website, research on major internet search engines, discussions with industry professionals and experts and feedback from those acquaintances who have had direct experience with the Companies. In addition, a wealth of information on MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan will be found at www.mlmlegal.com, including scores of articles, video, resource opportunities and detailed analysis on industry issues and factors to consider in both starting and running a MLM Company or a MLM home based business.
Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
www.mlmlegal.com