Is Coseva A Scam? - All You Need To Know Right Now

More About The Coseva Company

Coseva is a health and wellness networking company with a focus on toxin removal products.

 The company CEO is Rob Gulbrandsen, an entrepreneur with 40 years of experience in the real estate sector.

Development and manufacturing of the products are headed by a nano-chemist, Dr. Agnes Ostafin.

There’s limited information about the company on the internet but it seems that the company was founded in 2014.

Coseva’s headquarter is in Utah, USA. 

In 2017, Coseva sued Results RNA also known as Lifestyle Wellness for violation of intellectual property rights.

The  Coseva Products

How To Join Coseva

The  Coseva Compensation Plan

There are different ways to earn an income from Coseva’s unilevel compensation plan. 

Retail Bonus

This is the difference between the retail price and the wholesale price from the purchases that your enrolled customers make. 

Customer Bonus

This is the bonus paid from the purchase made by your personally enrolled preferred retail customer. It is 15% of the product’s BV or the points assigned to it.

Unilevel Bonus

As a distributor, you can get a bonus of 2% to 5% of the total downline BV from the orders for up to level 10 depending on your rank status.

For a detailed information about Coseva’s compensation plan, please check this link here.

How Much Can You Earn From Coseva's Business Opportunity

Coseva has no income disclosure statement available on its corporate website or anywhere on the internet.

In line with income and opportunity claims, Coseva has this to say on its Policies and Procedures:

“No unreasonable or misleading claims or intentional misrepresentation of earnings or potential income may be made by a Partner. Income guarantees of any kind are prohibited by the Contract and by law, as is the exhibition of actual or copies of Commission checks or earnings statements.

 Income representations must be honest and based on fact. In addition, income representations must include disclaimers that earnings may vary depending on the degree of effort employed. No earnings are guaranteed, and a Partner is not guaranteed to reach a certain compensation level.”

Looking at Coseva’s compensation plan, we see that it pays retail commissions and encourages auto ship by paying customer bonuses for this kind of order to its distributors.

 Also, Coseva pays unilevel bonus up to level 10 with qualifying requirements based on your team’s volume, number of recruits and for higher levels, based on the number of your members with ranks.

 In relation to this system, Coseva is obviously a multi-level marketing company where members are required to sell the products and recruit to earn an income. We already know that there are several drawbacks when joining an MLM business especially if you have zero experience in selling and recruiting.

 The problem with paying bonuses at multiple levels allows few leaders on top to exhaust income from the sales of their downline who are already struggling on their own to expand their customer base and their network.

 This kind of system eventually becomes counterproductive which tends to saturate the market where new members do not have any more room to grow.

This is also evident when we look at the success rate of members in MLM across the industry. We usually see a success rate as low as 1% and we only see rare cases where the success rate of members in terms of their earnings goes as high as 10%.

So, in the case of Coseva, without an income disclosure statement to show, it cannot claim that the success rate on its business opportunity is better than the discouraging numbers prevailing across the MLM industry. 

The Pros Of Coseva

The Cons Of Coseva

Conclusion - Is  Coseva A Scam

Let's recap: 

Coseva is a registered company based in Utah, USA. It created its proprietary-based product through scientific research led by experts.

 It distributes its products worldwide and has its own policies and procedures. The product is retail-viable as well although it has not been evaluated yet by the Food and Drug Administration. In this respect, we are definite that Coseva is not a scam.

However, Coseva has some downsides that we need to take notice of. It offers its products through its network of distributors and you can only make a purchase if you have their unique links.

 Coseva currently has only one product to offer and this can also limit your sales as a distributor. Furthermore, Coseva is an MLM company so for you to succeed, it is a necessity that you make decent sales of the products and build your team of distributors by recruiting.

So, if you are new to a networking company, this can pose a big challenge to your success. Also, as we already know, there are greater risks of failure when you join an MLM company. This is from what we have seen already on the prevailing rate of success across the MLM industry.

 The exceptional successes often featured on MLM talks do not actually represent the reality in the organizations. The sad truth is that 90% and in most cases more than this fraction of members fail and lose on their business.

Unfortunately, in the case of Coseva, we cannot say that the outcome can be different. Coseva has no income disclosure statement.

 This document can supposedly clear all doubts of prospective distributors in joining Coseva’s business if there is such proof that existing members are earning a decent income from the business.

But, that is not the case with Coseva. It has none to show. So, with all these things in mind, I can’t find in me to give this company’s business opportunity a thumbs up.  

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I am not a fan of MLM, not because it is not legit, but through my own experience of being a sales representative (the school of hard knocks).

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Please note, this post  contains affiliate links.