Lyoness cashback company review
Have you ever heard about the Lyoness cashback company? If not you certainly will in due time. If you have heard about it maybe you want more information about Lyoness as a business opportunity.
Lyoness cashback card company is ALL about one thing: SHOPPING, SHOPPING and SHOPPING. Every member of the Lyoness cashback company learns how to become smatter shoppers and how to get their money back with every purchase they make.
Lyoness cashback company review: So what is Lyoness?
Lyoness is a global shopping cashback company which started 9 years ago with a very simple idea: cashback with every purchase within the Lyoness shopping community. Its not a credit card, Lyoness cashback company is loyalty program using a reward card. With Lyoness you collect cash, not points, nor miles. It shows its members how to become smatter shoppers by saving, saving money and do something good through the Lyoness Child and Family Foundation.
Before going any further, we need to mention that there are three ways of looking at Lyoness.
Firstly from the customers standpoint, Lyoness is a cashback company which promises to give cashback with every purchase and also to make money when your friends and their friends are shopping.
Secondly, as a small local business called Loyalty Partners, it helps them gain and retain new loyal customers with its unique loyalty program and it also allows small businesses to create an additional passive income even when their customers are not shopping with them.
Finally, you can also look at the Lyoness cashback company card as a stand alone business. We will focus on the later.
Lyoness cashback company review
8 quick facts about the Lyoness cashback company:
- Lyoness is developing in Europe, like the UK, USA, Mexico, Brazil, Autralia, Canada, India, Asia, South Africa, Middle East.
- Lyoness is not an MLM nor Top Tier company but it uses both traditional marketing as well as networking as a way to promote its loyalty program.
- Lyoness has been audited by TUV Rheinland which is one the largest leading international audit bodies for the certification of quality assurance. It certifies that system used by Lyoness cashback company is absolutely reliable and works.
- Lyoness has also successfully achieved the ISO 9001:2008 Certificatio.n
- In each country, Lyoness has been legally checked by the legal department of each flagship company eg.g Macy’s, Asda…
- There are currently more than 2 million shoppers within the Lyoness cashback shopping community.
- You can shop online, offline and even have an app on your mobile phone.
Lyoness cashback company review: How does it work?
Customers who are shopping within the Lyoness shopping community receive between 1% to 31% savings paid by the Loyalty Partners (small local businesses, flagship companies).
According to the discount negotiated with the retailer and Lyoness, 1% will go to Lyoness and the remainder of the discount will go to the customer.
If for instance the discount offered by the retailer is 8%, 1% will be given as cash back and the remaining 7% will go into an accounting system.
For every £45 shopping unit created it will turn into £405 or £523.80 (if the member introduces 4 people to Lyoness). Just to clarify, Lyoness doesn’t give cashback. The money comes from the Lyoness loyalty partners .
Can you pay with your Lyoness cashback card yet?
Not everywhere yet. Check on the Lyoness website to see which shops accept the Lyoness cashback card. You may have to use gift vouchers or gift cards. The Lyoness cashback card will be available to all very soon.
Lyoness cashback company review: stand alone business opportunity?
If you join as a Premium member the Lyoness cashback company and make down payment of £1,800 for future shopping, you will benefit even greater from their fantastic passive income structure.
You can actually join for much less even for free and make your way up to become a Premium member if you wanted.
The down payment is actually your own money and doesn’t go to your recommender (sponsor), you are able to withdraw your money at any time if you decided to leave the program.
Obviously based on the amount of work you put in and the shopping habits of the members joining the program, you will be able to generate a very generous income. To found out more about this great business opportunity and its compensation plan. Click here.
Lyoness cashback company review: the compensation plan
There are 10 ways of getting paid with Lyoness, from cashback, friendship bonuses to volume bonuses.
Benefits of joining Lyoness cashback company:
Unlike MLMs there is no attrition,
Unique program cash back program where you earn money from your own shopping and others,
No annual fees,
No drop out as people will always shop anyway,
No product to sell,
You can shop everywhere in the world and get cash back on your purchases,
You can make payments from your and pay from your mobile phone,
True passive residual income as people always shop,
Income can be passed on to your family,
- No risks with the Lyoness cashback company
Having the right marketing platform
That being said, even if training and support is offered, if you are serious about building this business you will need a marketing system that helps you find quality targets leads. People with an entrepreneurial mindset and willing to make their business a success online and offline.
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