Is Wikaniko a scam? In-Depth Review!

Welcome to this Wikaniko review.

You probably came to this page with the question is Wikaniko a scam or legit?

No need to worry you’re in the right place for the answers to these questions.

Over the last few years, I’ve been busy creating reviews about all kinds of online products.

Some turned out to be fake others were legit ways to make money online but in the process, I learned how to spot scams.

In this post, I’ll show you absolutely everything you need to know about Wikaniko and after reading it you’ll know exactly if you should give it a chance.

What is Wikaniko?

Wikaniko is a company that manufactures and distribute eco-friendly products. They distribute their products using multi-level marketing. The company was founded by Trevor and Karen Blake in the United Kingdom with their headquarters located at Rosebery Rd, Langley Vale KT18 6AF, United Kingdom.

Wikaniko seems to be really passionate about creating a way to make sustainable living easy and affordable. According to their website, they’ve been active for a decade and mostly focus on distribution in the United Kingdom but are also showing signs of wanting to become a more global player

Through their MLM business model, they’ve given people a new way to earn money but is it worth your time? I’m going to go through how Wikaniko MLM works, the pros, the cons, and at the end, I’ll give you my opinion.

How does Wikaniko MLM work?

Wikaniko is a company that distributes and manufactures Healy devices. Instead of directly selling it to consumers they have chosen to use the MLM model which gives you the choice to earn money by:

• Selling the products for a commission
• Recruiting people to earn bonuses.

What is MLM?

MLM (a.k.a network marketing or direct selling) stands for multi-level marketing.

According to Wikipedia, multi-level marketing is a marketing strategy for the sale of products or services where the revenue is derived from a non-salaried workforce.

As a part of this workforce, you sell the products from the company and/or you recruit people to do the same thing. This group of people you recruit will work under you and is referred to as your downline.

The bigger your downline is the more money you can earn passively (technically speaking) because you’re getting paid a percentage based on the performance of your downline.

This also means the person that recruited you which is called your upline is making money based on your performance.

The act of recruiting turns an MLM company into a pyramid-shaped organization where the first people to join make the most and are on the top of the pyramid and those last to join are at the bottom.

Source: Wikipedia

MLMs have been around for a long time. There are Multi-level marketing companies active today that was founded in the 1950s. MLM has a lot in common with pyramid schemes which is why scammers often use MLM to disguise their pyramid scheme.

Is it absolutely necessary to recruit people? No.

You can also stick to just selling products which you can order at wholesale price (25% discount) and re-sell to make a profit. This is easier said than done for multiple reasons which are why most members try to recruit others so they can earn more money.

Is Wikaniko a pyramid scheme?

To answer this question we need to know what a pyramid scheme is.

What is a pyramid scheme?

A pyramid scheme is a type of scam where people are promised money for joining the scheme and recruiting other people. No selling of a product or service is involved whatsoever.

So you might be wondering where the money comes from?

The people that join are expected to pay a one-time fee and in exchange for that, they get a percentage of the fee of everyone they recruit after that.

The problem is from a mathematical standpoint it’s impossible for everyone to make money because you simply run out of people.

Take a look at this picture below showing how it’s impossible for everyone to earn money.

Source: Wikipedia

As you can see, in this pyramid model it’s required to recruit 6 people. You’ll notice from the 12th level and further, it’s not possible anymore for everyone to earn money.

The 2.2 Billion people on the 12th level need 13.1 billion recruits in total for them all to make money which is more people than there are currently on Earth.

Looking at the description of what a pyramid scheme is, Wikaniko can’t be classified as a pyramid scheme. Wikaniko sells products and has given people a method to make money without recruiting people.

That being said, is it worth your time? Read more to find out.

Who can benefit from Wikaniko?

Who would benefit from joining Wikaniko:

• Expert salesmen
• Expert recruiters
• People that have a passion for sustainability
• People that use Wikaniko products themselves.

Who shouldn’t join Wikaniko:

• People that hate sales jobs.
• People that hate recruiting
• People that expect to earn passive income
• People without the means to invest financially in Wikaniko

Wikaniko products

What are the products they sell?
Wikaniko has a hand in everything. Here are a few of the categories that they have products in:

• Baby and Children products 
• Body & Hair 
• Cleaning & Laundry products
• Products for outdoors
• Health products 
• Household products

What’s in the products?
The products all seem to be eco-friendly just as they said they were. On every product page, they have listed exactly what’s in their products so you can do your research before you purchase. 

Most of the products seem to be reasonably priced which is quite surprising for an MLM company let alone one that focuses on eco-friendly products. There are some exceptions when it comes to pricing but that’s maybe 2% of their entire catalogue.

Have there been any Wikaniko product controversies?
Unlike most MLM companies, the founders and the company itself have a shady past. Wikaniko has never been involved in health violations and I haven’t found a lot of crazy complaints about their products. 

Is this because they don’t distribute worldwide? Maybe but if you have been around for as long as Wikaniko has been around without any scandal that says something in my opinion.

Pros and Cons

Pros

• Online distribution is possible with Wikaniko
  Wikaniko has excellent resources for selling products online. You’ll get a website, online training, and technical support.
• Seemingly ethical company 
  Unlike most MLM companies, Wikaniko doesn’t have a shady history that you have to overcome to make sales and recruit. MLM is hard enough without something like this hovering over you. 
• Focus on selling products
  The products are affordable for the most part and they focus the eco-friendly niches that most of the time are principle-based and willing to invest money to contribute to sustainable living.
• low start-up costs
  You can get started for a relatively cheap price. I have seen MLM companies where you have to spend at least 10 times as much as with Wikaniko before you even learn how to do multi-level marketing.

Cons

• You Pay to play with Wikaniko
  Start-up costs are cheap but you’re in the business of re-selling products. You’ll be purchasing products without knowing if you’ll be able to resell them. There is some financial risk you’ll have to take with Wikaniko.
• Limited countries you can distribute to
  Wikaniko isn’t a worldwide brand. It’s mostly focused on the UK which means the pool you can recruit out of is a lot smaller than most MLM companies.
• Fewer bonuses than most MLM companies
  Most MLM’s have at least 5 bonuses from fast start bonuses to leadership pools. Wikaniko doesn’t provide you with the same number of bonuses.
• Less known brand
  Unlike for example the Amazon affiliate program, you’re going to have to convince people the products and the business model is trustworthy. It’s one more step that you don’t have to take with well-known companies.

Wikaniko Compensation Plan

Wikaniko has kept their compensation plan away from the public eye for almost a decade but their old members have shared some information about Wikaniko compensation plan.

Here’s what I learned about the Wikaniko compensation plan. Wikaniko uses a traditional MLM model that makes it possible to make money in 2 ways.

• Selling discounted Wikaniko products and earning a profit
• Recruit people and earn commission based on your recruits

1. Selling Products 
As an independent distributor, you can purchase Wikaniko products at wholesale prices which can range from a discount of 33 to 45%. After purchasing the products, you can resell them at wholesale prices and keep the difference.

2. Climb the ranks and earn commissions
The second method you can use to earn money as a Wikaniko independent distributor is by climbing the ranks and earning money based on the sales of people you recruit which is called G.V.C. or Group Volume Commission.

In total there are 7 ranks that an independent distributor can have.

• Distributor 
• Qualified Distributor 
• Direct Distributor 
• Team supervisor 
• Team Leader 
• National Supervisor
• National Team leader

The higher you climb the ranks, the more your commission rates increase. In the picture below you can see the commission rates for each rank. 

Something you have to take into account when investing in Wikaniko is that once you achieve a rank you have to perform to maintain that rank. There’s a minimum of sales you and your downline have to make to keep your rank as seen below. 

How much can you earn with Wikaniko?

In theory, the sky is the limit but for most people, there will be a ceiling to how much they can earn because of a few reasons.

1. MLM’s are often associated with pyramid schemes
To fully take advantage of the earning potential of Wikanino you’ll have to start recruiting people to earn residual income. The problem is that most people when you try to recruit them with the pitch of making money will think of 2 words. 

Pyramid scheme!

MLM’s have a pyramid recruiting structure that you often have to join to be able to make decent money or at the very least not lose money. Most people see this as a huge red flag and will turn down your offer. 

It also becomes harder to recruit people the older the MLM company is because you’re competing with more independent distributors.

2. You have to consistently invest your money to earn commissions
You’re only eligible for bonuses and commissions if you buy their products. The bigger the bonuses the more product you have to buy. You do get discounts but if you can’t sell the products I can see you easily fall into a financial deficit (which happens to the majority of MLMs).

Most people fail in multi-level marketing because it’s extremely hard

You can see that translate in these statistics I found about Multi-level Marketing.

• Nearly half (47%) of MLM participants reported that they lost money.
• One in four (27%) MLM participants reported that they broke even (made no money).
• MLM participants are 7% more likely to declare bankruptcy during their lifetime.
• Direct sales have risen 79% in the last decade, but MLM participants continue to lose money.
• 90 – 99% of distributors in multilevel marketing only receive a couple of hundred dollars commission per year.
• Out of 33,000 interviewed, 90 people made enough money to cover costs in building their business.
• 50% of the people who start a network marketing enterprise abandoned it in the first year.

Sources:
FTC
AARP
Jobsinmarketing.io

Wikaniko Reviews, Opinions, and Ratings

What bloggers have to say about Wikaniko and their MLM business model.

There’s a general consensus among bloggers that Wikaniko isn’t a pyramid scheme or any other type of scam. They seem to sell affordable products which give the impression that they aren’t just trying to get money from their independent distributors. 

My Personal Take

A lot of MLM companies aren’t considered pyramid schemes from a legal perspective purely because they sell a product. This doesn’t mean they use other methods to scam people out of their money. 

Wikaniko isn’t one of these pyramid schemes in disguise. It’ll still be hard to recruit people because of the pyramid structure but the company seems to be legitimately focused on selling their products looking at their prices.

I can imagine people with a lot of recruiting and sales experience could benefit from this company.

Verdict

Is Wikaniko A Scam? No. Wikaniko is not a scam or pyramid scheme. It’s a legitimate MLM company but because of its MLM business model, it might be hard to make a lot of money with it.

Wikaniko Alternative: Higher commissions without the recruiting and financial Risk!

Wikaniko is a legitimate MLM but it’s not for everyone. 

I can imagine some people not being comfortable with purchasing products without knowing if you can resell them and earn a profit. I also can imagine there being a significant number of people that don’t want to recruit people ( I am one of them). 

If you still want to make money based on commission without having to do these 2 things I have a great alternative. It’s called Affiliate marketing. Affiliate marketing makes it possible to earn money: 

• without creating a product. 
• without taking on financial risk. 
• without recruiting people
• with your personal interests and hobbies.

It’s a simple method for making money online but to succeed you need proper training. This is why I suggest you take a look at THE FREE STARTERS COURSE at the #1 affiliate marketing training platform called Wealthy Affiliate.

It’s the platform that taught me how to create an online business revolving around a niche of your choice and make money from it.

>>Click here to read my wealthy affiliate review

That’s all for today. 

If you have any questions or you just want to show some love don’t hesitate to leave a comment.