Welcome to my Coway MLM review.
Coway is a multi-level marketing company that allows you to earn money by promoting its products and recruiting a team of salespeople.
If you are seeking to learn:
- Is Coway MLM a scam
- How much does it cost to start
- How good are Coway products
- Whether users are successful
- And more!
You’ve landed on the right website!
I’ve dedicated a few days to analyzing this MLM program, taking notes, uncovering information, and thoroughly going over the program so that I can provide you with the most helpful Coway MLM review.
About | Home health MLM company. |
Cost | $100, plus extra costs. |
✅ Pros | Generous Compensation Plan. Good quality products and service. Excellent ratings from customers. Inexpensive to start. |
Cons | Expensive products will be hard to sell. Strict application process. The success rate with MLM is low. |
⚠️ Verdict | Coway is a legit MLM company that sells good products. |
Rating | |
I Want To Know…
- About the Reviewer
- Is Coway MLM a Scam?
- What is Coway?
- What Are Coway Products?
- Are Coway Products Any Good?
- How Can You Make Money With Coway?
- Can You Make Money With Coway MLM?
- How Much Does It Cost To Join Coway?
- Coway MLM Review – Conclusion
- The Best Way To Make Money Online
About the Reviewer
Hey, I’m Ivan Brozincevic!
Since 2018, I’ve been making a full-time income online, which allowed me to quit my old job (about me).
In the beginning, I struggled to identify legit courses and avoid ones that were just out for my money.
That’s why I created this website – my main goal is to help you steer clear of pitfalls and discover the top online business courses.
Every week, I invest hours in reviewing online courses and writing reviews based on my fact-driven review guidelines to assist you in making an informed choice.
Related: Check out my FREE training program for making money online.
Is Coway MLM a Scam?
In my review, I can confidently state that Coway MLM is not a scam. Their distributors have the opportunity to earn money by offering the company’s legitimate products.
However, I must reiterate that I do not recommend joining their online marketing program.
It can be quite challenging to generate substantial earnings due to the expensive nature of their products. Starting a marketing career with such a requirement of personal investment is not ideal.
Keep on reading my Coway MLM review to get more information before you make your decision.
What is Coway?
Coway, currently known as LifeCare, is a Korean-based multi-level marketing (MLM) company. It was established in 1989 and operates in over 40 countries.
With more than 6000 employees in 2022, the company generates annual revenue exceeding 2 billion Euros. Coway is a part of the Netmarble group, also hailing from Korea.
The Coway brand is highly regarded in the US market for air cleansers. Its flagship product, the Coway air purifier, has achieved a significant 40% market share.
This outstanding air cleaner has received numerous international awards, and collectively, they have sold over 15 million air purifiers worldwide.
Related Review: Is Amway a Scam
What Are Coway Products?
Coway home devices are highly regarded in the Oriental Market. Coway is the only water and air purifier company that offers cost-free maintenance and solutions.
As I mentioned in my previous review, they have a strong reputation for their air purifiers.
Coway stands out as the sole firm that possesses its own Research and Development (R&D) Facility, ensuring the reliability and quality of its products.
Here are Coway’s most popular products.
- Hybrid Water Purifier
- Air Purifier
- Water Filter
- Mattress
- Juicer
Are Coway Products Any Good?
When it comes to product quality, Coway stands out among other brands in the network marketing industry.
The company has received numerous honours and certifications attesting to its top quality, as shown below:
When selecting a water or air cleaner, quality is a vital factor to consider.
This company has established its reputation in the market. It is crucial to prioritize quality as the water and air filtering system will be used by everyone.
As stated in my review, Coway has an R&D centre in South Korea with over 370 distinguished researchers who strive to ensure top-notch product quality.
Check out this captivating video review showcasing their most popular air purifiers.
How Can You Make Money With Coway?
Take a look at the Coway multi-level marketing opportunity in this section of my review.
Coway MLM follows a typical multi-level marketing model. You can earn money by recruiting new members to your network and receiving a percentage from product sales.
The company also provides commissions, bonus offers, rewards, and other incentives to distributors as a way to acknowledge their efforts.
To sum it up, you can join their program, purchase products from their line, and sell them to others for profit.
Can You Make Money With Coway MLM?
The payment framework in the Coway MLM program consists of several components:
- Base Payment: A flat rate of 15% for all individual sales.
- Bonus Offer Commission: Earn on all products your recruits market.
- Performance Motivation: A substantial number of sales per month can result in earning nice money.
- Travelling Reward: Opportunities for earning rewards related to travel.
- Sales Quota Perk: Additional earnings for meeting sales quota.
In addition to the above, there are also opportunities for earning commissions on tool rentals. Moreover, advancing to higher positions can further increase earning potential.
Related Review: Is Cutco a Scam or Legit
How Much Does It Cost To Join Coway?
Based on my review of Coway MLM, joining their program does not require an upfront payment. However, some sources suggest that access may involve a cost of approximately $100.
Keep in mind that as a marketing business, you will be responsible for covering expenses related to promoting products, including gasoline, phone calls to consumers, websites, and more.
Therefore, starting with this MLM will require a significant amount of money.
Coway MLM Review – Conclusion
I really like the items that Coway deals with, especially the air purifiers. However, the costs of these products are quite high, and I’m not sure if I’d be willing to pay $1000 for an air cleaner.
This is where the issue lies when considering being a part of this network marketing opportunity. The high costs of these items could deter many potential customers.
As a result, it would be challenging for you as a representative to make sales.
Moreover, selling items for a multi-level marketing company is always an uphill battle, with only about 2% of participants achieving success. Others end up wasting their time and money.
For instance, according to thebalancesmb.com, less than 0.5% of participants make $100K+.
In other words, the only individuals who make a full-time income are the ones who have reached the top of the ladder in these companies.
Therefore, in my opinion, there are many better ways to start a business nowadays (see below!).
Thank you for reading my review of Coway MLM. What are your thoughts? Feel free to share them in the comment box below…
About | Home health MLM company. |
Cost | $100, plus extra costs. |
✅ Pros | Generous Compensation Plan. Good quality products and service. Excellent ratings from customers. Inexpensive to start. |
Cons | Expensive products will be hard to sell. Strict application process. The success rate with MLM is low. |
⚠️ Verdict | Coway is a legit MLM company that sells good products. |
Rating | |
The Best Way To Make Money Online
I earn online by creating simple affiliate websites that I use to connect people with products they are already looking for.
It’s called affiliate marketing and it is the best way to make money online (at least in my humble opinion).
If you want to learn more about how you can start making money online with affiliate marketing, I would strongly suggest you sign up for the free training on the next page.
And don’t forget to share this Coway MLM review with your friends and family!
All the best, Ivan @freeaffiliatemarketingbusiness.com
I don’t often buy products from MLM companies unless I know they are better than anything else out there, as they are usually overpriced due to the fact they have a lot of people to compensate.
Although I know Coway is good, I would not sign up to be a seller as I think it is a difficult business model to sustain. I prefer your recommendation on the best way to make money in 2002, as that is more my type of business model, and at least you can build a more sustainable business in this way.
I appreciate your comment, Michel!