Hello, my friend! Welcome to my Farmasi MLM review!
This is Zac Phua, the owner of Life Goal Finisher. No matter what reason that brings you here, I must thank you for clicking on this page and read my review on the company.
You know what’s so funny? The first time I heard about Farmasi, I thought that it’s just a “pharmacy” at a random location, but it’s not. Instead, it’s a well-established company.
Rest assured, I’m not associate with Farmasi (and I never will), so I won’t pitch you to buy any products or even join the company.
I am here just to give you my unbiased opinions on the company and let yourself indicate if they worth your time and money or not.
But, if you’re already joined their service. Then, I think you’ll need this review on Farmasi, and consider whether you should continue their service or quit ASAP. And find another better money-making opportunity.
Without further ado, let’s get started!
Table of Contents
Company Name: Farmasi
Business Niche: Beauty & Cosmetics MLM Company
Founder: Dr. Cevdet Tuna
Founded In: 1950
1) Affordable Joining Fee
2) Huge Variety of Product
3) No Monthly Fee
4) 30-day Money-Back Guarantee
5) Fast Shipping
Overall SCAM Rating: 20/100 (Legit MLM)
Recommended: Not Really
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What Is Farmasi?
Based in Turkey, Farmasi is a billion-dollar Multi-Level Marketing (MLM) company that manufactures and distributes beauty, wellness, cosmetics, and personal care products for all ages.
Many people claimed it’s operated since 2004, but that’s not true.
Dr. Cevdet Tuna (passed away in 2017) founded this company in 1950. They started integrating MLM in marketing their products in 2004, which then allowed them to grow exponentially every single year.
Right after they expanded their business to the United States in 2019, they’ve successfully made it their 25th market for direct sales operations, and the 125th country for business operations.
Who Is Dr. Cevdet Tuna?
Dr. Cevdet Tuna was born in Edirne, a city located on the Bulgaria border of Turkey. He came from a poor family, with 9 siblings in the Tuna family.
All of them were hardworking persons who don’t settle for mediocrity. They learn as much as possible, which led them to graduate from 11 universities.
This is such a significant milestone for a low-income family in the first half of the 20th century.
Fast forward to 1950, Dr. Cevdet Tuna worked as the only lieutenant physician in Hadimkoy, Istanbul, in the military and cured soldiers during the war.
During those hard times, he had done many scientific studies with assistance from the government. He then decided to establish a pharmaceutical and cosmetics company. That’s when the first sight of Farmasi was born.
Dr. C. Tuna passed away in 2017, leaving behind a great legacy and positive impacts to the world.
You can read his inspiring life story here.
Farmasi Product Line
Farmasi is an MLM “heavyweight” that manufacturing more than 2000 different products, and have over 3 million active distributors around the world.
Their facilities have a daily capacity of more than 1 million pieces, making it the largest in Turkey and one of the largest in Europe.
The main product lines of the company are
- Oral care
All the products are affordable, ranging from $10 – $50 each.
How Do You Join Farmasi & Make Money?
Joining an MLM company and making money can be very straightforward if we don’t talk about their compensation plan.
Most MLM compensation plans are complicated, making it look like there’re numerous and easy ways to earn money.
Actually, all we need to do is (1) Join => (2) Sell => (3) Recruit (as shown in the figure below), rinse and repeat the second and third steps.
1) Joining Fee
An upfront funding or joining fee is always a must when you want to make money with an MLM company.
There’re very few MLM companies that don’t require you to pay a joining fee to be their associate, and Farmasi has no difference here.
To be Farmasi’s MLMer, which they named it as “Beauty Influencer”, you need to buy their Start Kit with a one-time payment of $19.99.
After signing up, you’ll get:
- Welcome letter
- Farmasi opportunity brochure
- Farmasi’s compensation plan
- Done-for-you Personal Farmasi website
- Personal back office and reports
- Discounted starter kit and product packs
- The advantage to purchase all Farmasi’s products 50% off their original prices
Besides the starter kit, you can also be their member by buying their expansion packs priced around $50 to $200.
You can watch the video below to learn more about all of the products that are included in each expansion pack.
2) Ways To Make Money
This is the most exciting part, but also the most sophisticated part because here’s when their compensation plan starts to kick in.
As I’ve mentioned earlier, for some reason, most MLM companies are making their compensation plan hard to understand.
Hence, there’s no point in going into every detail of the Farmasi compensation plan as that’ll bore you and “put you to sleep faster than a sloth on Ambien.”
For your better understanding, I’ll only briefly explain the main ways you can make money with the company.
Overall, there’re 10 ways for you to make money out of Farmasi. Let me list them out with brief descriptions for your reference:
1. Retail Commission
You can earn a commission of up to 50% every time you make a sale by selling products to retail customers.
This is basically you purchase their products at a 50% discount and then resells them at retail prices.
You then pocket the difference and make a nice commission essentially.
2. Welcome Program
If you managed to get 200 PV (Personal Volume) in the first 4 months, you would get free products from Farmasi.
You can keep them for personal use or resell them.
3. Founders Club
The Founders Club is open to the first 100 entrepreneurs that achieve the 25% bonus level.
Joining the Founders Club has many advantages, such as:
- Getting the eligibility to visit Farmasi factories in Turkey (all expenses paid).
- Free Shipping on All Orders
- Free Monthly Samples
- Free Website Exposure
- Free Leads
- And much more…
4. Team Building Program
When you sponsor an active recruit within a calendar month, you will be eligible to join the team building program.
For each active distributor that you sponsor, you will earn $30.
5. Personal Bonus
This is a bonus/incentive that you can redeem with your PV.
6. Group Bonus
You can earn a percentage of commission from your downline team whenever they make a sale or recruitment.
At Farmasi, there are 17 affiliate ranks. The higher your rank, the more commission you’ll be getting from your downline team.
7. Leadership Bonus
This is an extra bonus for your downline sales and your team getting promoted.
8. Car Allowance
As the name said, Farmasi pays car/travel allowance to its MLM high achievers.
When you have different bonus titles, you get paid different amounts as a car/travel allowance.
9. Cash Bonus
Farmasi pays cash bonuses directly to you when you achieve different titles and maintain it for a specified period. The cash bonus is up to $128,000!
10. FarmaCity Discovery Program
Farmasi offers a special trip to FarmaCity in Istanbul, Turkey, for those who have reached the rank of Silver Director and higher.
3) Leverage Your Downline Team
The last thing you should do is try your very best to recruit as many people as possible to build a reliable downline team and earn commissions.
And now you might be asking whether you can choose to make commission only through selling their product or not, without recruiting people.
My answer is Yes. But, you’ve to understand that the ideal way to succeed in MLM business is to form a downline team that can branch out your circle and maximizes your earning potential.
That’s why it’s called Multi-Level Marketing.
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4 Reasons Why I Don't Recommend Farmasi
1) Bad BBB Rating
If a company has a bad BBB rating, it’s mostly because they don’t provide an excellent customer shopping experience.
Farmasi is getting grade ‘F’ on BBB. It’s the lowest BBB rating. Obviously, they still need to put in more works in improving their customer experience.
2) Meager Income Potential
As yet, Farmasi doesn’t publish any income disclosure that tells people how big is the success rate after joining their MLM program.
However, they do have an income disclaimer, and there’s a fine print that tells about how much beauty influencers should expect to earn on average, here’s the screenshot of it:
Simple math applied here, $500~$2000 annual income is only equivalent to $47~$167 per month, which could be used as extra pocket money to pay off your monthly bills, but it’s not “quit your job and work from home” amount of money, for sure.
Even though Farmasi has numerous ways for people to earn commissions, and it’s one of the best MLM’s out there, all of these are just the “surface hypes”, it’s still going to be very difficult to make any real money here.
This is not only happening at Farmasi but almost every MLM company out there. There’s a study by FTC on 350 MLM companies, and the result showing that 99% of people that join MLMs lose money.
3) Competitive Niche
Health and beauty niche is an oversaturated niche in the MLM industry.
If you look at the previous reviews I’ve done on other MLM companies, you’ll see that most of them are in the health and beauty niche.
It’s tough to sell Farmasi’s products when consumers can find better and cheaper alternatives on the market.
And this will only be getting worse if you’ve lousy closing/marketing skill and you realize that there’re 3 million distributors competing with you.
So if you’re someone who hates face-to-face selling, I suggest you give blogging a try, like what I am doing right now. Guess what? You don’t need to be a perfect writer to be a successful blogger.
50% retail commission is good, but the only real issue with reselling these products is that you have to purchase the kits from Farmasi before reselling.
Most MLM companies don’t require their distributors to stockpile their products.
Whenever their customers want to buy the products, all they need to do is order online, and the company will ship it to them, or they can get their orders through local pickup. Simple as that.
But somehow, Farmasi plays a different game. They require their distributors to keep their inventories as many as possible for retail selling.
This will make the distributors’ lives cumbersome, and overstocking might happen if their sales are bad.
What Do I Like About Farmasi?
1) Affordable Joining Fee
Paying hundreds of joining fee is like a norm when it comes to taking part in an MLM program.
But at Farmasi, you only need to pay $19, and you’re already running a business! That’s more than fair enough.
Even if you lose interest in promoting their products and just want to be regular customers, you’re still getting a 50% Off on every product you bought.
2) Huge Variety of Product
As I mentioned earlier, Farmasi has over 2000 different products with different categories and continues to grow every year.
You can definitely find the one product that meets your needs. Plus, all of their products are affordable and reasonably priced, too.
3) No Monthly Fee
Most MLM companies will require their distributors to pay a certain fee or buy a specific volume of products to stay active and receive commissions every month.
However, Farmasi doesn’t adopt this condition in its compensation plan.
This can prove that they focus on product selling more than recruitment.
4) 30-day Money-Back Guarantee
A good refund policy could help a company to gain trust from customers easier.
It’s also necessary because not everyone will satisfy with the qualify of products offered by Farmasi.
Also, sometimes customers will receive wrong or damaged products from the company. I know it’s quite rare, but it still can happen anytime.
If you’re not satisfied with Farmasi’s products, you can still apply for a refund within 30 days.
5) Fast Shipping
The standard shipping rate of Farmasi is $8.99. And the delivery can be made to all 50 United States, with average 3-5 business days people receive their products.
Farmasi uses USPS or FedEx depending on the order, and where it is going. Tracking information is available once the order has shipped.
So, Is Farmasi MLM A Scam?
Now to the most crucial verdict: Is Farmasi A SCAM.
My answer to that is: ABSOLUTELY NOT! They aren’t a scam or a pyramid scheme.
In fact, they’re a well-established MLM company that provide their member with real and legit products to sell and allow them to recruit new members at the same time.
But Ponzi Scheme doesn’t have such a proper marketing system, and they don’t have any actual products/services to be offered to consumers.
The only way for someone to make money in the Ponzi Scheme is by recruiting more new members.
Although I claim that Farmasi is not a scam, it’s still not the best business opportunity that I could recommend to any newbies who want to strike their first bucket of gold.
Why? The income disclaimer alone is definite proof that shows the success rate of Farmasi’s MLM program is not as promising as you think.
Even if I say so, the choice is still yours. There’s no right or wrong answer for choosing which business you want to get involved.
But, it’s better for you if you can do planning and calculation in advance to see if the business is worth your time and money or not.
You Deserve A Better Opportunity
Kudos to you! You’ve just read 2400+ words and still counting. If you make it this far, I commend your commitment.
Meanwhile, I can also feel how serious you’re when it comes to finding a proper way to make money from home.
MLM is great.
I am also not saying that people can’t make a decent living with MLM. But it often represents a tiny group of people who joined the program early.
That said, it’s challenging for people who’re BOPs (bottom-of-pyramid) to make some serious dough because they’re running out of people to “recruit”.
Instead, Affiliate Marketing is my top recommended business model for anyone to make money from home.
The reason is simple…
Advantage 1: No Recruitment Needed
- You don’t need to “chase” after people and talk them into MLM opportunity where most people lose money.
Advantage 2: Freedom of Choice
- You can promote any products you love and not be restricted only to promote the products from one MLM company.
Advantage 3: Low Startup Cost
- Unlike MLM, where you’ll need to pay a pricy introductory fee to join, it takes little to no startup cost to kickstart your entrepreneurial journey in Affiliate Marketing.
You might think I’m biased, but I’m just telling the truths…
If you are sick and tired of MLM and “Biz Opp” Scams, click the “Learn More” button to discover my top recommended learning platform that can help you turn your passion into profits with Affiliate Marketing!