Welcome to my Coway MLM review.
How does this marketing program work? Can you make money with this company? Are their products legit? Above all, is Coway a scam or a legit multi-level marketing business?
But before we get into this review, and answer those questions, let me introduce myself…
Hi, I’m Ivan and I’m an online marketer who went from losing my time waiting tables to running a thriving online affiliate marketing business.
In the meantime, I have actually tried and reviewed 600+ courses, scams, and even pyramid schemes to find the very best way to generate income online.
Keep reading my Coway MLM review where I’m going to show you what this company is about. Also, I show you how it works, and I share my opinion about whether Coway is a scam or a legit MLM.
Coway MLM Review – Overview
- Product Type: MLM
- Owner: Netmarble Group
- Price: $0 + products
- Money-Back Guarantee: No
- Recommended?: Yes
Quick Summary: Coway MLM (multi-level-marketing) is a legitimate marketing business opportunity. The company is a real deal, and their air and water purifiers and other household products are one of the best in this niche.
Alongside selling their own products, you can join their program to become a sales representative to earn an income by reselling their products and recruiting others in your salesforce as well.
That said, Coway MLM is not a scam. However, their products are pricey, which means that this MLM is not for everyone. Keep reading my review to learn more about why this isn’t the best way to make money…
Alternative: If you’re a newbie who is looking to earn passive income online, there are other, more beginner-friendly, and cost-effective alternatives. My top-rated affiliate marketing course has helped me to go from earning $0 to $100’s per day!
What is Coway?
Coway is a multi-level marketing (MLM) company based in Korea. It is currently referred to as LifeCare and is a part of Netmarble group also from Korea.
The company was developed in 1989. Their products are available in over 40 countries. As shown in the image below, they employ over 6000 workers in 2022 and generate revenue that exceeds 2 Billion Euros per annum.
That said, the Coway brand is one of the most effective air cleanser brands marketed in the US. The flagship product was the Coway air cleanser, which attained a 40% market share.
This air cleaner has actually won numerous worldwide honours. Together, they sold over 15 million air purifiers worldwide.
Related Review: Is Amway a Scam
What Are Coway Products?
Coway home devices are top-rated in Oriental Market. Coway is the only Water/Air Purifier firm that provides Cost-free maintenance and Solutions.
As I said in my review earlier, they are widely known for their air purifiers.
It is additionally the only firm with its very own Research Study & Growth (R&D) Facility to make sure the dependability and top quality of its products.
Here are the most preferred products used by Coway.
- Hybrid Water Purifier
- Air Purifier
- Water Filter
Are Coway Products Any Good?
The product quality of Coway is great when contrasted to other network marketing brand names in the market.
The company has received a lot of honours and certifications relating to top quality, as shown below…
Quality is one of the most crucial criteria when choosing a water/air cleaner, and this company has currently verified its setting in the market.
Quality needs to be taken seriously as the water as well as air filtering system from the equipment will be used by everybody.
As mentioned in my review, Coway has its R&D centre in South Korea, which has more than 370 distinguished researchers who continuously aim to make sure the top quality of the products.
Below is a super interesting video review of their most popular air purifiers.
How Can You Make Money With Coway?
Let’s have a glance at Coway multi-level marketing opportunity in this part of my review.
Coway MLM is similar to any kind of multi-level marketing model, where you can earn money by hiring new members to your network line as well as making % of the money from the product’s sales.
The company also gives Commissions, Bonus offers, rewards, and various other settlements to their distributors to value their initiative as staff members.
So in a nutshell, you can join their program, buy some products from the line, and market them to others to make money.
Can You Make Money With Coway MLM?
The payment framework consists of a base payment, a bonus offer commission, a performance motivation, a travelling reward, and also a sales quota perk.
The base payment is a flat price of 15% for all individual sales.
Considering the fact that their products are pricey, if you can make a substantial number of sales per month, you could earn some nice money through the Coway MLM program.
You also earn on all products your recruits market, along with compensations on tools leasings. Another method to make even more cash is to go up to higher placements.
Related Review: Is Cutco a Scam or Legit
How Much Does It Cost To Join Coway?
According to my review of Coway MLM, no preliminary payment is required to join their program, although some say you have to pay around $100 to get access.
But considering that it is a marketing business, you are also in charge of all your expenses around marketing products such as gasoline and phone calls to consumers, websites, etc.
Therefore, you will have to have a substantial sum of money in order to start with this MLM.
Is Coway MLM a Scam?
Coway MLM is not a scam in my review. Their distributors can make money by offering company products, which is a 100% legit business opportunity.
Nonetheless, as I claimed before I would not advise joining their online marketing as it would be a genuine battle for you to make any kind of earnings.
Why? Well, the reason is that their items are expensive.
And since it is an MLM like every other, you have to invest your very own money before you earn anything. Not a great way to begin a career in marketing.
But from the scam/legit perspective, you’re safe because, as I said, Coway MLM is not a scam.
Alternative: On the other hand, if you’re looking for the best business model to earn passive income online as a beginner, there are other, more suitable, and cost-effective alternatives.
My top-rated course has helped me to go from earning $0 to $100’s per day!
What I Like About Coway
- Generous Compensation Plan
- Good quality products and service
- Excellent ratings from customers
What I Don’t Like About Coway
- Expensive products
- Products will be hard to sell
- Strict application process
- The success rate with MLM is low
Related Review: Is Kangen Water a Scam
Coway MLM Review – Conclusion
I do like the items that Coway deals with, especially the air purifiers. Nevertheless, the costs of these products are pretty up there, and I do not know if I’d pay $1000 for an air cleaner.
This is where the issue is with actually being a part of this network marketing opportunity. The costs of these items would have a lot of customers looking the other way.
So, it would be really difficult for you as a representative to make sales.
That said, selling items for a multi-level marketing company is always an uphill battle that only about 2% of participants manage to win. Others waste their time and money.
For example, according to thebalancesmb.com, less than 0.5% of participants make $100K+.
In other words, the only individuals that make a full-time income are those that have made it to the top of the ladder in these companies.
So in my opinion, there are much better ways to start a business these days (see below!).
Thanks for reading my Coway MLM review. What are your reviews? Feel free to leave them in the comment box below…
Is There a Better Way To Make Money Online?
I know how hard it is to trust websites these days. There are too many scams out there, especially in the make-money-online world. I know, because I reviewed over 600+ sites so far!
See, Coway is just one of the many MLM companies I have reviewed…
While searching for the best ways to make money online myself, I bumped into a platform where you can start making money online in the best way possible.
It is a 100% legit company that helps people to create a successful affiliate marketing business.
These guys are the best opportunity out there for many reasons. They will give you all the training, the tools, and access to a world-class support system. And they do this for 15 years and counting!
So if you want to succeed online and make money finally, my best and only recommendation is affiliate marketing. Best of all, all you need is an email address to get started.
Keep reading for more info…
How I Make Money With Affiliate Marketing
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After evaluating over 600+ programs on the web, my conclusion is easy. This is the best course to learn about ins and outs of affiliate marketing.
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If you need any help or you have a question, feel free to contact me.
And feel free to share this Coway MLM review to help others as well!
All the best, Ivan. Founder, and CEO @freeaffiliatemarketingbusiness.com
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