OG Formulations Review | Trust Score & Ratings

Founded2008

HeadquartersVancouver, BC

Trust Score90/100

About OG Formulations

OG Formulations is a Vancouver-based MLM company that specializes in Ganoderma coffee products. Founded in 2008, they offer a unique blend of health-focused beverages sold through a network of independent distributors.

With a BBB rating of B+ and a Trustpilot score of 4.2/5, OG Formulations has built a solid reputation in the direct-selling industry. Their compensation plan includes retail profits, team commissions, and bonuses, but be aware of the top earner concentration in their income disclosure.

While the risk level is considered low, monthly purchase requirements can impact your earnings potential. Overall, OG Formulations provides a pathway for entrepreneurs interested in network marketing, but like any MLM, it comes with its challenges.

Pros and Cons

✓ Pros

B+ BBB Rating
This suggests OG Formulations has a relatively good standing with the Better Business Bureau.
Decent Trustpilot Score
A score of 4.2/5 indicates that many customers are satisfied with their products.
Multiple Income Streams
Their compensation plan offers various ways to earn money, including retail profits and bonuses.
Low Risk Level
The assessment shows it has a low risk level, which might be reassuring for potential recruits.
Incentives for Performance
The company provides incentives like trips for high performers, which can be motivating.

✗ Cons

Income Concentration
The income disclosure reveals that most earnings are concentrated among a small number of top earners.
Monthly Purchase Requirements
To qualify for full commissions, members must meet monthly purchase quotas, which can be a financial strain.
Limited Product Range
Some users feel that the product range is not as extensive compared to other MLMs, limiting market appeal.
Potential for Overhyped Earnings
Like many MLMs, there's a risk of inflated income claims that can mislead new members.
Recruitment Focus
Success often relies heavily on recruitment rather than just selling products, which can be off-putting.

Verdict: OG Formulations has some solid aspects, but the income structure raises red flags. If you're not comfortable with the recruitment side or monthly purchases, it might not be for you.

Best for: This could be suitable for someone who enjoys networking and is comfortable with the MLM model. If you prefer a straightforward sales job without recruitment pressure, you might want to steer clear.

Risk Analysis

OG Formulations has a low risk profile, though there are a couple of concerns about income distribution and purchasing requirements. Overall, it offers a decent opportunity for those willing to engage with its structure.

Key Concerns

Top earner concentration high
Income disclosure shows a significant concentration of earnings among top earners, which indicates that many members may not earn substantial income.
Monthly purchase requirements moderate
Members must meet monthly purchase requirements to qualify for full commissions, which can lead to financial strain for some.

Positive Indicators

Good customer satisfaction
Trustpilot rating of 4.2/5 shows a generally positive reception from customers.
B+ BBB rating
The company has a B+ rating with the Better Business Bureau, indicating a relatively good standing.

Consumer Advice: If you're considering joining OG Formulations, be prepared for the realities of MLM income distribution. Make sure you understand the purchasing requirements and how they might impact your finances.

Frequently Asked Questions About OG Formulations

Is OG Formulations a legitimate MLM company?

Yes, OG Formulations is a legitimate MLM company. Founded in 2008 and based in Vancouver, BC, they’ve been in the business long enough to build a solid reputation, reflected by their B+ BBB rating and a Trustpilot score of 4.2 out of 5.

What products does OG Formulations sell?

OG Formulations primarily sells health and wellness products, including coffee, teas, and supplements. They focus on using high-quality ingredients, often emphasizing the benefits of Ganoderma, a mushroom known for its health properties.

How much can you make with OG Formulations?

Earnings with OG Formulations can vary widely. While the company provides a compensation plan that includes retail profit, bonuses, and commissions, the income disclosure shows a concentration of earnings among top earners, which means most people might not make significant money.

Are there any complaints about OG Formulations?

Some complaints about OG Formulations center on the income potential and the monthly purchase requirements to qualify for full commissions. While their Trust Score is 86/100, it’s a good idea to research and read reviews before joining.

What is the compensation plan for OG Formulations?

OG Formulations has a matrix compensation plan that includes multiple income streams like retail profit and sponsor bonuses. You can rank up from Member to Presidential, but the monthly purchase requirements can be a hurdle for some.

What does it cost to join OG Formulations?

Joining OG Formulations typically requires an initial investment, but specific costs can vary based on the starter kit you choose. It's best to check their website for the latest pricing information and options.

What is OG Formulations' BBB rating?

OG Formulations has a B+ rating with the Better Business Bureau. This suggests they handle customer complaints and conduct business in a trustworthy manner, though it’s always good to read individual reviews.

Are there alternatives to OG Formulations?

Yes, there are several alternatives to OG Formulations, especially in the health and wellness MLM space. Companies like Herbalife or Isagenix offer similar products and business models, so it’s worth comparing them based on your interests and goals.

Compensation Plan

Plan Type

This is a matrix compensation plan. Basically, it means you earn money based on your personal sales and the sales made by your team. You’re building a network where everyone can benefit.

How Earnings Work

Retail Profit: You buy products at a discount and sell them at retail price. The difference is your profit.
Sponsor Bonus: When you bring someone new into the business, you get a bonus once they make their first sales.
Team Commission: You earn a percentage of the sales made by your team. The more sales they make, the more you earn.
Leadership Bonus: As you climb the ranks, you can earn additional bonuses based on your team’s performance.
Incentive Trip: If you hit certain goals, you can earn trips and other rewards!