About Viridian Green Power
Viridian Green Power is a network marketing company specializing in renewable energy products, founded in 2009 and based in New York, NY.
Distributors earn income through a binary compensation plan, combining retail sales profits and team-building commissions. However, top earners dominate income potential, and monthly purchase requirements exist for full commissions.
With a BBB rating of A- and a Trustpilot score of 2.5/5, Viridian Green Power has its risks, but it remains a recognized name in the MLM space.
Pros and Cons
✓ Pros
- Green energy focus
Viridian Green Power promotes renewable energy, appealing to eco-conscious consumers. - Flexible work hours
You can set your own schedule, making it easier to balance with other commitments. - Binary compensation structure
This structure allows for potential higher earnings if you build a strong team. - Good BBB rating
An A- rating from the Better Business Bureau suggests a relatively solid reputation.
✗ Cons
- Income disclosure issues
Most income goes to a small percentage of top earners, making it tough for new distributors to succeed. - Monthly purchase requirements
You need to meet monthly sales quotas to earn full commissions, which can strain finances. - Mixed Trustpilot reviews
A 2.5/5 rating indicates a fair number of dissatisfied customers and distributors. - Complex compensation plan
The binary plan can be confusing, especially for newcomers who aren't familiar with MLMs.
Verdict: Viridian Green Power has some appealing aspects, like its focus on renewable energy and flexible hours. However, the significant income concentration among top earners and the monthly purchase requirements could be red flags for new distributors.
Best for: This could work for someone passionate about green energy and comfortable with sales. If you're wary of monthly purchases and income uncertainty, it might be best to stay away.
Risk Analysis
Viridian Green Power presents a low risk profile overall, but potential distributors should be cautious about income concentration among top earners and monthly purchase requirements. These factors could limit earnings for most participants.
Key Concerns
- Income concentration among top earners moderate
The income disclosure shows that a significant percentage of commissions are concentrated among a small number of top earners. - Monthly purchase requirements for full commissions moderate
Distributors must maintain monthly purchases to qualify for full commissions, which can lead to unnecessary expenses.
Positive Indicators
- A- BBB Rating
The Better Business Bureau gives Viridian Green Power an A- rating, suggesting a level of customer satisfaction and responsiveness. - Trust Score of 81/100
An 81/100 trust score indicates a generally favorable perception among consumers.
Consumer Advice: If you're considering joining Viridian Green Power, be prepared for the possibility of needing to make regular purchases to earn commissions. Make sure to assess your network and sales ability, as the income potential is heavily skewed toward top performers.
Frequently Asked Questions About Viridian Green Power
Is Viridian Green Power a legitimate MLM company?
Yes, Viridian Green Power is a legitimate MLM company. Founded in 2009 and based in New York, it has an A- rating from the Better Business Bureau, which suggests they operate fairly well.
What products does Viridian Green Power sell?
Viridian Green Power primarily offers green energy products. They focus on providing renewable energy options and energy efficiency solutions, which can be appealing for those looking to reduce their carbon footprint.
How much can you make with Viridian Green Power?
Earnings with Viridian Green Power vary widely. The income disclosure shows that most distributors earn little, while a small percentage make significant amounts, highlighting the top earners' concentration.
Are there complaints about Viridian Green Power?
Yes, there are some complaints about Viridian Green Power. Their Trustpilot rating is only 2.5 out of 5, indicating that some customers have had negative experiences, often related to service and support.
How does the compensation plan work for Viridian Green Power?
Viridian Green Power uses a binary compensation plan. Distributors earn money through product sales and team-building, but they must also meet certain sales volume requirements to unlock higher commission rates.
What is the cost to join Viridian Green Power?
Joining Viridian Green Power involves purchasing products at wholesale prices. While the exact startup costs can vary, new distributors typically need to invest in initial inventory to begin selling.
What is Viridian Green Power's BBB rating?
Viridian Green Power has a BBB rating of A-. This indicates that they generally handle customer complaints well, although it’s always wise to look at specific reviews for more context.
What are some alternatives to Viridian Green Power?
Some alternatives to Viridian Green Power include other MLM companies in the green energy space, like Ambit Energy or Youngevity. Each has its own compensation structure and product focus, so it's worth comparing them.
Compensation Plan
Plan Type
Viridian Green Power uses a binary plan. This means you build two teams (left and right) to earn money. Your earnings depend on how much both teams sell.
How Earnings Work
- Retail Profit: Buy products at a lower price and sell them at retail. The difference is your profit.
- Team Commissions: You earn commissions based on the sales from your two teams. The more they sell, the more you earn.
- Bonuses: There are additional bonuses for reaching certain sales milestones or helping your team grow.
Qualification Requirements
- You need to make a minimum monthly purchase to qualify for full commissions.
- To advance ranks, you need a certain number of team members and sales volume.
Red Flags
- There's a focus on recruiting others to join, which can lead to a pay-to-play scenario.
- Most people earn only supplemental income; only a few make significant money.
Trust Score
81
/ 100
Low Risk
External Ratings
Flags & Notes
- Income disclosure shows top earner concentration
- Monthly purchase requirements apply for full commissions
