The beauty industry will be worth over $438 billion by 2026. Not only is the beauty industry profitable but it will still generate revenue over the next few years, making it a great opportunity for your business.
If you want to succeed in the beauty industry, you may not know where to start. That’s why so many people get sucked into MLM companies, such as Amorepacific. Brands like these sell high-quality products and promise a return — as long as you invest in their company.
Is Amorepacific worth it? Here’s our Amorepacific review and whether or not you should trust them.
Amorepacific is a South Korean beauty company that sells a wide range of skincare and cosmetic products. They formed in the year 1945 by Suh Sung-wah. The company was originally called Pacific Ocean Chemical Company LTD and would develop its new name later down the road.
Amorepacific is considered to be one of the top 20 global beauty companies and is the second-largest beauty company in South Korea, earning the nickname “the Avon of South Korea.”
Amorepacific is known as a luxury beauty brand and their prices aren’t cheap. So, what are Amorepacific products made with? Here are some of the key ingredients.
Amorepacific is best-known for using green tea extract in many of their products, specifically their skincare products.
Green tea is a powerful ingredient that contains anti-inflammatory and antioxidant properties, making it very beneficial for the skin. This ingredient slows down the aging process and makes skin look radiant and glowing.
Green tea also contains an abundance of polyphenols. This eliminates oxidative stress, reduces free radicals, and prevents damage from UV rays.
Red ginseng is another ingredient that contains antioxidant and anti-inflammatory properties. It can help repair damaged skin and will make you look refreshed, even if you’re not having the best day. Red ginseng also increases cell turnover for glowing skin.
The bamboo plant is rich in vitamins, minerals, and antioxidants. This is why Amorepacific uses this ingredient in a variety of their skin and hair products.
When applied to the skin, it can firm up loose skin and decrease other aging symptoms. Bamboo sap is also very hydrating, heals damaged skin, and reduces hyperpigmentation. When used on the hair, bamboo sap both cleanses and moisturizes each strand for beautiful locks.
How Does the Amorepacific MLM Work?
First and foremost, it’s important to point out that Amorepacific’s MLM structure is pretty archaic. They applied the door-to-door sales approach after World War II where women could sell their products to provide for their family.
Today, most buyers purchase Amorepacific products from stores. In the US, you can only buy Amorepacific products via retail stores and online. But Amorepacific is still an active MLM in Korea; they generate 51% of their revenue from direct selling.
Amorepacific works similarly to other MLMs. Consultants have to buy their products and sell them to the market. To earn more income, you’ll have to invite more people to join your rank and earn their commissions.
As with all other MLMs, you need to not only be diligent about selling the products but also the MLM services. This is how you’ll truly earn money.
Pros and Cons of Selling Amorepacific
While Amorepacific is a typical MLM, there are some benefits of selling this brand over other brands. Here’s a breakdown of the pros and cons.
Unlike other MLM beauty brands, Amorepacific actually has excellent products. They’re scientifically proven to work and contain natural ingredients. In addition, the current chief executive Suh Kyung Bae (the grandson of the original founder) tests all of the new Amorepacific products before they go on the shelf.
Many sellers are attracted to Amorepacific because their products are high-quality and expensive. With the high price tag, you may think you’ll earn hefty commissions. Unfortunately, you have to keep investing in the company, making the earning opportunity very minimum.
Since you’re relying on sales and new consultant onboarding, this isn’t a consistent revenue stream. You’ll have to invest a lot of time trying to sell and recruit, making the process not worth it.
Our Amorepacific Review: Should You Trust This MLM?
Amorepacific does have some benefits over other MLMs. You’ll earn more commission on the products you sell. When you recruit new consultants, you also earn their commission. But you have to continue investing in the company, making it similar to a pyramid scheme.
Amorepacific is a legitimate business, but this MLM isn’t a good opportunity. While it may seem like an easy way to earn money, it’s challenging trying to recruit members.
While Amorepacific is a global brand, they’re in competition with other brands that have great products at a more affordable price. In addition, many buyers can purchase Amorepacific products outside of its consultants, making it even more difficult for sellers.
Why Affiliate Marketing Is the Better Option
One of the reasons why MLM companies don’t offer the best opportunity is because you have to keep investing your time and money into your sales without a promise of earning money.
If you truly want to become your own boss, you also have to make it worthwhile. This means finding an opportunity that’s easy to get into and doesn’t require a major investment.
This is where affiliate marketing comes in. With affiliate marketing, you’ll create high-quality content that promotes a brand and its products. When you attract your followers to become customers, you earn a percentage of the commission.
The best part about affiliate marketing is it’s affordable to get started! All you have to do is devote your time to doing what you love — creating content and connecting with your followers.
Try Affiliate Marketing
In order for you to develop your skills, you should consider taking a free or paid marketing course. There are a variety of digital marketing courses you can take from businesses that can help you enhance your skills. As of writing this, over 80,000 new marketers have taken the Online Business Builder Challenge (only $7), and that might be a good starting place for you as well.