If you’re looking for a work-from-home opportunity, you may have come across Neora, formerly known as Nerium. It’s an international company that sells supplements, skincare products, and other items. But is Neora a legitimate MLM company? In this unbiased review, we’ll take a look at what Neora is, what it sells, how to join, and the company’s compensation plan. We’ll also tell you whether Neora is a pyramid scheme and share our thoughts on the company.
What is the background of Neora?
Neora, then known as Neirum, was founded in 2011 by two men, Jeff Olson and Renee Olson. The company is based in Addison, Texas, and sells its products through a network of independent distributors, known as Neora consultants. The company started selling its products through MLM in 2014. The company was founded with the mission to “provide people with an opportunity to have a better life through innovative products, education, and an entrepreneurial spirit.”
When the company was founded, it focused on an ingredient called Nerium, which is derived from the Nerium oleander plant. Neora’s flagship product was a night cream that contained Nerium oleander extract. The company claimed that this ingredient could improve the appearance of fine lines, wrinkles, and age spots. Although the oleander plant has been used in traditional medicine for centuries, there is no scientific evidence to support Neora’s claims about its benefits for the skin.
In 2016, Neora changed its name from Nerium to Neora to reflect its shift from being a single-product company to a multi-product company. The company now sells a wide range of products, including supplements, skincare products, and haircare products. Neora’s product line has expanded to include items for both men and women.
What does Neora sell?
Neora sells a wide range of dietary supplements, skincare products, and other items. The company’s flagship product is still its night cream that contains Nerium oleander extract, but it now also sells a day cream, an eye cream, a serum, and a body contouring cream that all contain this ingredient. Neora’s other skincare products include cleansers, toners, exfoliators, masks, moisturizers, and sunscreens. The company also sells supplements that are designed to support overall health and wellness. Neora’s supplement line includes products that contain vitamins, minerals, herbs, and other ingredients.
Neora’s most popular products:
- Neora AgeIQ Night Cream: This night cream is Neora’s flagship product. It contains Nerium oleander extract, which the company claims can improve the appearance of fine lines, wrinkles, and age spots.
- Neora AgeIQ Day Cream: This day cream also contains Nerium oleander extract. Neora claims that it can hydrate the skin and help protect it from environmental damage.
- Neora Essential Glow: This supplement is designed to support overall health and wellness. It contains vitamins, minerals, and herbs.
- Neora Firm: This body contouring cream is designed to reduce the appearance of cellulite and improve skin firmness.
- Neor AgelQ Serum: This serum contains Neora’s patented Nerium oleander extract. Neora claims that it can help improve the appearance of fine lines, wrinkles, and age spots.
- Neora Body Contouring Cream: This cream is designed to reduce the appearance of cellulite. Neora claims that it can also improve skin firmness.
- Neora Essential vitamins and minerals supplement: This supplement is designed to support overall health and wellness. It contains vitamins, minerals, and herbs.
- Haircare: Neora sells a haircare line that includes shampoo, conditioner, and hair treatment products.
- Men’s skincare: Neora’s men’s skincare line includes a face wash, a shaving cream, and a facial moisturizer.
- Clothing: Neora sells clothing for both men and women, including t-shirts, tank tops, sweatshirts, and leggings.
How do you join Neora?
To join Neora, you must purchase a starter kit. The starter kits range in price from $99 to $499. Neora also requires that you purchase a minimum of $100 worth of products each month.
Neora’s compensation plan is based on a binary structure. This means that you must recruit two people to join Neora in order to start earning commissions. Neora pays commissions on the sales of products that are made by your downline, as well as a percentage of the sales made by the entire company. Neora also offers bonuses and rewards for meeting certain sales goals.
Can you make money with Neora products?
Neora’s products are not cheap. The company’s night cream costs $110, and its other skincare products range in price from $40 to $90. Neora’s supplements also cost more than similar products that are sold in stores. For example, Neora’s Essential Glow supplement costs $80 for a 30-day supply, while you can purchase a 60-day supply of a similar supplement at Walmart for $15. Neora’s haircare products are also priced higher than comparable products that are sold in stores. For example, Neora’s shampoo costs $32, while you can purchase a similar shampoo at Walmart for $11.
Neora offers a variety of ways for you to make money. You can earn commissions on the sales of Neora’s products, as well as bonuses and rewards for meeting certain sales goals. Neora also offers a monthly autoship program, which gives you the opportunity to earn commissions on the sales of Neora’s products that are made by your downline. Neora also has a variety of other compensation plans that you can participate in, such as its Leadership Development Program, which offers cash bonuses and trips for meeting certain sales goals.
In order to start earning commissions, you must purchase a starter kit and recruit two people. Neora also requires that you purchase a minimum of $100 worth of products each month. This can be difficult if you’re not selling Neora’s products at full price.
Is Neora a pyramid scheme?
Neora is not a pyramid scheme. Pyramid schemes are illegal and Neora is a legitimate MLM company. Neora’s compensation plan is based on sales, not recruitment, and you can earn commissions on the sales of Neora’s products, as well as bonuses and rewards for meeting certain sales goals. Under a pyramid scheme, you would only earn money if you recruited new members, and the money that you earned would come from the membership fees that they paid.
How about complaints and lawsuit?
Neora has been the subject of several lawsuits and complaints. In 2016, Neora was sued for false advertising after the company made claims that its products could help people lose weight and improve their health. Neora settled the lawsuit and agreed to pay $200,000 in refunds to customers.
In 2017, Neora was sued by the Federal Trade Commission for making false and unsubstantiated claims about its products. Neora agreed to pay $200,000 in fines and refunds as part of a settlement with the FTC.
Neora has also been accused of being a pyramid scheme. In 2016, the company was investigated by the Texas Attorney General’s office for allegedly operating a pyramid scheme. Neora was cleared of any wrongdoing and the investigation was closed.
Despite these issues, the same leadership team is still in place and Neora continues to operate as a legitimate MLM company.
What we like about Neora:
- The company has a wide range of products that are designed to support overall health and wellness.
- Neora’s products are sold in over 90 countries.
- Neora offers a variety of ways for you to make money, including commissions on product sales, bonuses, and rewards.
- Neora offers support to its members through a variety of methods. The company has an extensive training program that includes online courses, webinars, and in-person events. Neora also provides its members with marketing materials, such as flyers and brochures.
- Neora is a legitimate MLM company and is not a pyramid scheme.
What we don’t like about Neora:
- Neora’s products are priced higher than similar products that are sold in stores.
- Neora requires that you purchase a minimum of $100 worth of products each month.
- Neora has been the subject of several lawsuits and complaints.
So what’s our verdict?
While we don’t love everything about Neora, we think it’s a legitimate MLM company that offers its members a way to earn money from home. If you’re interested in joining Neora, we recommend that you do your research and speak with a Neora representative to get more information about the company and its compensation plan.
There are other MLM opportunities out there, so be sure to compare Neora to other companies before making a decision. Your research should include checking out the reviews on I Buy I Review. We offer unbiased opinions and reviews of MLM companies, so you can make an informed decision about which company is right for you.
I buy and review courses so you don’t have to. Sometimes, I even find courses that are legitimate and worthwhile; and that’s how I accidentally came across one that led me to building a 6-figure business in a little under 5 years. Now, I still review courses because it’s my favorite hobby. 🙂 Learn more about me here.