Welcome to my ByDzyne Review. This one has certainly got my attention and I will tell you why. Back in 2010 there was a network marketing company called World Global Network that really became a massive hit. This company predicted that wearable technology was going to be a boom industry and to be perfectly honest, they really hit it out of the park. You see back then not many people knew about wearable tech. Fitbit had only just launched and nobody had smart watches, unlike today. Sometimes an MLM positions itself with perfect timing.
Superstars are created and millions are made. Superstars like Chad and Nattida Chong.
Chad and Nattida clearly have the X factor. They absolutely stormed up the WGN charts and were said to be making around $500K per week at their peak.
The Problem With Technology MLM Companies
One big problem with technology MLMs is that things move very fast. Whilst this speed can deliver explosive growth it also means that it will be eventually overtaken by regular companies with better technology and cheaper prices. Generally speaking a technology MLM only has a short time to operate. Once mainstream adoption of the technology occurs, customers simply refuse to buy from an over priced MLM company. Regular companies do not need to provide fat compensation plans to attract star affiliates. This means that they don’t pay out compensation but rather they reinvest profits back into the company. This allows them to stay up to date with fast moving technology. A technology MLM can never keep up to date and will aways fade out, just like WGN did. It is a big problem.
Chad and Nattida Chong are very smart operators. They realize that they can experience explosive growth with a new technology MLM. However they also realize they they will need to be quick on their feet and perhaps have some non-tech based options.
They have decided to release a smart watch product in conjunction with a skin care range AND a CBD range. Anybody who reads my blog will probably know what I have to say about mixing niches. Lets face it…would you prefer to buy from a specialist or an All-In-One shop? Which company is stronger? One that specializes in one niche, ie CBD? OR one that attempts to cover 3 completely unrelated niches? I think you can see where I am coming from. I will address this in the review and whether I think they can pull it off.
As for the ByDzyne opportunity, they have a solid comp plan with commissions for retail sales. There is a lot of scale for big recruiters to earn a massive income as well.
Once you read the review, you will be able to decide if By Dzyne is one of the many legitimate ways to make money online. I do not promote, nor I am I affiliated with ByDzyne.
ByDzyne – Summary
Key Figures: Chad & Nattida Chong
Product Type: Nearly everything at this stage!
Summary: To earn you must be activated by accumulating 150 points in your first order and then maintain 60BV per month thereafter. Active Affiliates are eligible to participate in the Compensation Plan.
Chad and Nattida are MLM superstars with a massive downline. This will be a big launch.
Half of the products seem to be of very high quality. They should drop the smart watch and the discount travel and focus on CBD and skin/beauty.
Over a very good program. They need to drop a couple of products, in my opinion.
What Is ByDzyne?
ByDzyne is a MLM tackling a few different niches. Currently they have a smart watch, a skincare range and a CBD range. According to Chad, the range may change if any products fail to get the market excited, or if new opportunities emerge.
Whilst, I am pretty happy with the income from my top way to make money online. I still find ByDzyne to be a pretty interesting opportunity even though I don’t wear make up, personally.
Let’s get into the details with the ByDzyne program and products.
This is a smart watch. I have one just like it that I bought on ebay. Its great for tracking your heart rate and sleep quality etc.
My Watch cost $50. The ByDzyne Watch is retailing for $430.
ByDzyne seem to expect that if people will pay $430 for the Apple 4 watch, they will pay the same for an MLM smart watch. Not happening. Prediction: This product will be a flop.
Very high quality skin care and beauty products. This looks like it will be well received.
CBD is a wonderful substance and it really works according to science. Even better it is ready to BOOM. I made some enquiries about the quality of the CBD and the potency in the ByDzyne. Looks very good!
A lot of MLMs are purchasing wholesale travel rates competing with the discount online travel providers. This is nothing new…but just seems weird to have a travel product in combination with the other niches.
- Retail Customers (RC)
- Preferred Customers (PC) are customers with autoship. Preferred customers get 30% discount plus loyalty points and travel deals.
- Brand Ambassadors (BA) Affiliates or distributors participating in the compensation plan by referring people into ByDzyne.
|Builder||150 BV to BA on left and BA on right||60 BV|
|Pro Builder||150 BV to 3 BA on left and 3 BA on right||60 BV|
|Elite Builder||3 Pro builders on Right, 3 Pro Builders on Left||60 BV|
|Supervisor||1250 BV||60 BV|
|Manager||2500 BV||60 BV|
|Director||5000 BV||60 BV|
|Diamond||10K BV||60 BV|
|2 Star Diamond||20K BV||60 BV|
|3 Star Diamond||35K BV||60 BV|
|President||50 K BV + 2 Diamond||120 BV|
|2 Star President||100 K BV + 2 Diamond||120 BV|
|3 Star President||250 K BV + 2 Diamond||120 BV|
|Crown||500 K BV + 4 Diamond||120 BV|
|2 Star Crown||1 Mil BV + 4 Diamond||120 BV|
|3 Star Crown||2.5 Mil BV + 4 Diamond||120 BV|
30% Retail Bonus for the difference between retail and wholesale price on any retail-priced product purchased by a Retail Customer.
First Order Bonus
For every first order you sell to a personally enrolled Preferred Customer or Brand Ambassador, you will receive a 20% First Order Bonus. Probuilders and above get an extra 5%, making it a 25% First Order Bonus.
3 Strong Leg Commission
Get paid 5% on your strong leg for 6 weeks after enrollment on first and second leg of enroller tree.
Team Volume Commission
This is binary commissions of up to 20% on your pay leg, paid biweekly to Active Builders.
A matching bonus is paid on Team Volume Commissions. Depending on rank this is up to 10% and paid 8 levels deep.
Global Pool Vault
ByDzyne put aside 1% of company revenue into a pool for affiliates. Affiliates, depending on rank will earn shares in this 1%. Paid every 6 months.
Luxury Home and Super Car Bonus
Every time you hit Presidential or Crown Zone in a pay cycle you earn 1 point towards this bonus. Once you have 5 Presidential Zone Points, you get $50K cash towards a home or car. Once you have 5 Crown Zone points, you get $250K towards home or car.
What I Like About ByDzyne
There are very few people on the planet that can keep up with Chad & Nattida Chong. It’s a certain quality that is very rare. If you could bottle it, the world would be full of billionaires and these two have it in spades.
What I am saying is that I cannot envisage a scenario other than one of complete success for Chad and Nattida. As far as personel goes By Dzyne has the best of the best.
This company will not be shut down due to regulatory breaches. Well that’s my prediction. Every thing looks compliant. Which means ByDzyne will be here for a long time.
Some HOT Products.
Chad and Nattida have decided to pick 4 product ranges. Each of the ranges has potential for experiencing very strong growth. I heard Chad mention something very interesting in a webinar, where he was talking about culling products that don’t perform. This is very clever. Rather than going all in on CBD for example, ByDzyne can ride the CBD boom with a high quality range. But if CBD dies off, they still have other horses in the race.
This strategy allows ByDzyne to plug in a new product range should a trending product be identified. This flexibility is a big strength.
What I dislike about ByDzyne
Too Many Niches
Honestly, less is more when it comes to product ranges. It is better to specialize in one niche rather than try to cover a weird and wacky product range. They have two very strong products (CBD range and Beauty Range), One average range (Travel) and one below average (the smart watch).
The should drop the overpriced smart watch and drop the “done to death” discount travel niche and just focus on the strongest products, being the skin care range and the CBD range. Nobody is going to pay $428 for a MLM smart watch, ByDzyne is not Apple!
New To Corporate Network Marketing
Chad and Nattida are experienced at being network marketers, but not so much at running a network marketing business. Sometimes the best distributors make the worst CEOs! I think they will be fine, so don’t worry!
Despite my reservations with the product range, I think ByDzyne is going to kick some serious ass!
The Real Deal With ByDzyne
Even though they have a couple of weak products, the other 2 are very strong. They also are well backed by the incredible team of Chad and Nattida. If they drop the weaker products, they should do well
Looks the goods!, I give it a B.
The Prelaunch Inspector
How I Make A Living
I have developed a strategy using a legitimate affiliate program that allows me to hangout at home with the kids all day.