What Is 5Linx MLM – Can This Company Be Trusted?
The question you are here to answer is this: What Is 5Linx MLM And Should You Join
This review takes a look at their products and their compensation plan. I must warn you though – things aren’t exactly looking very encouraging here.
The following blog post represents my opinion of 5 Linx based on hours of research. I have never joined 5 Linx or been an affiliate of the company. The conclusions I come to are based on my opinions and observations. After reading this brief blog post, I want you to draw your own conclusions.
What Is 5Linx MLM – Company History
This company was launched by Jeb Tyler, Hason Guck, and Craig Jerabek back in 2001. 5Linx went under a reorganization in 2016, where it was brought under 5L Holdings, LLC. With its headquarters located in Rochester, NY, 5Link offers numerous products like business services, nutritional supplements, telecom services, and health insurance policies.
Is It Worth Purchasing 5Linx Products?
The company sells both personal and business products. Supplement products, tea and coffee products, technical support, Cable TV/Internet service, ID guard, home security, and credit score services fall under the personal product category.
You can also purchase products like Telemed from them, which provides unlimited video or phone access to board-certified physicians using a toll-free contact number with zero co-pay requirements. When it comes to business products, these are targeted at businesses seeking to boost their productivity.
Their products in this sphere include text alerts/robocalls, fraud protection, online payment processing, payment solutions, security systems, and energy plans. My research tells me that 5Linx basically acts as a broker between the customer and a select group of companies.
For example, their cable TV service enables customers to choose between providers like AT&T, Frontier, and Cox. However, products and services from 5Linx are also more expensive, which makes selling them much harder. After all, what’s the value in purchasing Cox cable service from 5Linx for $159.99 when Cox directly offers it for $99? The problem is that 5Linx is charging more money for similar services found elsewhere without any apparent extra benefits.
What Is The Cost of Joining 5Linx?
You must apply and spend $249 to become a 5Linx member. Depending on your subscription, you’ll also be asked to sign up for the TeeVee service, which may cost between $49.99 – $69.99 per month, including useful discounts on travel, groceries, restaurants, and more.
You pay the $249 just to get started; this fee allows you to be eligible to receive referral bonuses, a personal website, and commissions on all products sold along with residual commissions on products sold by your sponsored recruits. Getting started with 5Linx requires a sizable investment, right off the bat.
Is Making Money Possible With 5Linx?
Like most multi-level marketing platforms, members earn money in 2 ways – recruiting new members and selling products. While selling products does offer decent commissions, recruitment is far more lucrative.
MLMs encourage recruitment to enhance the scale of operations faster. You will be expected to bring new people into your team. You’ll also be eligible to receive a commission on all commissions earned by your teammates for making sales.
What Is The Commission Rate With 5Linx?
Unlike other MLM companies, 5Linx offers a rather low commission rate. You’ll begin with a small commission of 10%. You’ll need to accumulate personal customer points to increase your commission percentage.
Hitting 25 personal customer points bumps up your commission percentage to about 15% on all new sales made by you. If you reach 50 personal customer points your commission percentage rises to around 20%. Apparently, you’ll need to work really hard if you want to increase your commission percentage.
As A Multi-Level Marketing Company Is 5Linx A Scam?
The new management that stepped in after the company’s reorganization has made efforts to present itself as a reputable MLM business. Unfortunately, the new management attempts to clean up 5Linx in connection with legal issues from the previous owners may be too little too late for many. Although I wouldn’t call 5Linx a SCAM, I cannot recommend 5 Linx as a viable business opportunity. As I stated earlier, that’s my personal opinion based on the research I’ve done. 5Linx was similar to other MLMs I’ve reviewed on this blog, such as:
Is There A Better Option?
If you’ve decided that 5Linx isn’t right, other ways exist to allow you to learn how to make money online, with affiliate marketing being one option. Affiliate marketing doesn’t require cold-calling strangers and convincing potential clients to do business with you.
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