NewAge Inc. Review - Health & Wellness MLM | Trust Score & Ratings

Founded2017

HeadquartersDenver, Colorado

Trust Score77/100

About NewAge Inc.

NewAge Inc. is a health and wellness MLM based in Denver, Colorado, founded in 2017 through various mergers and acquisitions.

The company offers a range of products, including functional beverages, nutritional supplements, and skincare items under well-known brands like Noni by NewAge and ARIIX. Their compensation plan uses a hybrid binary/unilevel structure, offering customer commissions of 15-25% and team bonuses.

However, NewAge Inc. has faced challenges, including financial struggles post-merger and a significant decline in stock price. With a Trustpilot score of 2.5/5 and a BBB rating of B-, potential distributors should do their homework before jumping in.

Pros and Cons

✓ Pros

Diverse product range
NewAge offers a variety of health and wellness products, appealing to different customer needs.
Matching bonuses
You can earn matching bonuses on your team’s commissions, which can boost your income if you build a strong team.
Leadership pools
Senior ranks can access leadership pools, providing additional income opportunities.
Flexible commission structure
The hybrid binary/unilevel plan allows for a mix of income strategies, which can be appealing to different types of earners.

✗ Cons

Financial struggles
NewAge has faced financial issues since its mergers, which raises concerns about long-term stability.
Stock price decline
The significant drop in stock price might signal investor worries about the company's future.
Low Trustpilot rating
A 2.5/5 rating on Trustpilot indicates mixed customer experiences, which could affect your ability to sell their products.
Brand integration issues
They've had trouble integrating multiple brands, which can lead to confusion and inconsistency in offerings.

Verdict: NewAge Inc. has some appealing aspects, like product diversity and potential income bonuses. However, the financial instability and mixed customer reviews make it a risky choice for most people. You might want to think twice before diving in.

Best for: This could be a fit for someone experienced in MLM and willing to take risks. If you're new to the game or risk-averse, it might be better to look elsewhere.

Risk Analysis

NewAge Inc. has a moderate risk profile due to financial struggles and integration issues following mergers. While there's potential for earnings, the company's stock price decline raises concerns.

Key Concerns

Financial struggles post-mergers high
Company has faced significant financial instability after recent mergers.
Stock price decline moderate
The stock price has significantly declined since its peak, indicating investor concern.
Brand integration issues moderate
Multiple brand integration challenges have been reported, affecting operational efficiency.

Positive Indicators

Hybrid compensation plan
The hybrid binary/unilevel plan offers multiple earning avenues, which can be appealing to distributors.

Consumer Advice: If you're considering joining NewAge Inc., weigh the potential for earnings against the financial instability the company faces. Be cautious and understand the compensation plan fully before diving in.

Frequently Asked Questions About NewAge Inc.

Is NewAge Inc. a legitimate MLM company?

Yes, NewAge Inc. is a legitimate MLM company founded in 2017. It's based in Denver, Colorado, and has a Trust Score of 77 out of 100. However, they’ve faced some financial struggles and brand integration issues since their mergers.

What products does NewAge Inc. sell?

NewAge Inc. offers a range of health and wellness products, including dietary supplements and beverages. They focus on promoting a healthy lifestyle, with products that appeal to a health-conscious audience.

How much can you make with NewAge Inc.?

Income potential with NewAge Inc. varies widely. Their compensation plan features a hybrid binary/unilevel structure, and you can earn commissions between 15-25% on customer sales, along with bonuses for team performance.

Are there complaints about NewAge Inc.?

Yes, there are complaints about NewAge Inc., especially regarding their financial stability and customer service. Their Trustpilot score is only 2.5 out of 5, which indicates that some users have had negative experiences.

What is NewAge Inc.'s compensation plan like?

NewAge Inc. uses a hybrid binary/unilevel compensation plan. You can earn commissions on sales, team bonuses, and matching bonuses, but the specifics depend on your rank and the performance of your team.

How much does it cost to join NewAge Inc.?

The cost to join NewAge Inc. can vary, but typically, you might expect to pay an initial enrollment fee plus the cost of starter kits or products. Exact figures can change, so it’s best to check their website for current info.

What is NewAge Inc.'s BBB rating?

NewAge Inc. has a B- rating with the Better Business Bureau. This suggests they’ve had some complaints but have worked to resolve them, which is better than a lot of companies, but not perfect.

Are there alternatives to NewAge Inc.?

Yes, there are plenty of MLM alternatives to NewAge Inc. Companies like Herbalife and Amway also focus on health and wellness. It's worth researching multiple options to find the best fit for you.

Compensation Plan

Plan Type

This is a Hybrid Plan, which means it combines two types: Binary and Unilevel. In simple terms, you build two teams (binary) and also earn from the entire group of people you bring in (unilevel).

How Earnings Work

Customer Commissions: You earn 15-25% from sales to customers. The more you sell, the more you make.
Team Bonuses: You get bonuses when your team hits certain sales goals. This is based on the weaker side of your two teams, so focus on balancing them.
Matching Bonus: If you enroll other distributors, you earn a percentage of their commissions as a bonus.
Leadership Pools: For higher ranks, you can get a share of extra bonuses, but you need to hit specific rank requirements.

Qualifications

You may need to reach a monthly sales minimum to qualify for bonuses.
To access the leadership pools and matching bonuses, you must achieve certain ranks within the company.