Lyconet (myWorld)

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Founded2003
HeadquartersGraz, Austria
Trust Score85/100
Views2

About Lyconet (myWorld)

Company Overview

Lyconet (myWorld) is a technology & telecom company. Founded in 2003, Lyconet (myWorld) is headquartered in Graz, Austria. Austrian cashback and loyalty marketing network with MLM member acquisition.

Products and Services

Lyconet (myWorld) offers a range of technology & telecom products designed to meet consumer needs. The company focuses on quality and innovation, developing proprietary formulations and solutions. Products are available through independent distributors and, in some cases, through the company website.

Business Opportunity

Lyconet (myWorld) provides a business opportunity for independent distributors to earn income through product sales and team building. Distributors can earn retail profits from direct sales, bonuses based on personal and team volume, and leadership rewards as they advance through the compensation plan ranks. The company provides training resources, marketing materials, and digital tools to support distributor success.

Global Presence

Lyconet (myWorld) has established operations in multiple countries. The company continues to expand its market reach through its network of independent distributors. With a track record spanning over 23 years, the company has built a reputation in the direct selling industry.

Compensation Plan

Compensation Plan Overview

Lyconet (myWorld) offers a multi-level compensation plan that rewards distributors for both personal sales and team development.

Income Streams

  • Retail Profit (20-40%): Margin earned on direct product sales to customers
  • Personal Volume Bonus: Monthly bonus based on personal sales volume
  • Team Commission: Override commissions on team sales across multiple levels
  • Leadership Bonus: Additional bonuses for achieving and maintaining leadership ranks
  • Fast Start Bonus: One-time bonus for enrolling new distributors who achieve initial sales targets

Rank Advancement

The compensation plan includes multiple ranks that distributors can achieve through personal sales and team building. Higher ranks unlock additional bonuses and commission percentages. Typical ranks include Consultant, Senior Consultant, Manager, Director, and Executive levels.

Trust Score

85
/ 100
Low Risk

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