Being an affiliate at Hempworx is not the same as being an affiliate marketer. After doing some further investigating, Hempworx is a network marketing company.
Hempworx is a network marketing company that sells CBD based products. The Hempworx brand falls under the My Daily Choice company. The company was founded by Josh and Jenna Zwagil in 2014.
In this Hempworx affiliate review, I will cover what the company is about as well as how the income opportunity works.
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What is Hempworx?
As stated above, Hempworx was founded in 2014 by Josh and Jenna Zwagil. Both Josh and Jenna have experience in network marketing as they both started as network marketers themselves in other companies.
The Hempworx brand is part of their My Daily Choice company. They sell CBD products such as tinctures, topicals, pet products, bath bombs, coffee, keto creamers, gummies, and hair care.
CBD oil and other CBD based products are in high demand. People from all walks of life are turning to cannabinoid options for their health & wellness needs.
I’m sure Hempworx affiliates (independent distributors) are having no problem selling these products. However, actually building a downline and growing their own business is another story.
According to Hempworx’s income disclosure:
The average annual income for all Affiliates (active and inactive) during the reporting period was 580.08 USD, and the median annual income for all Affiliates in the reporting period was $0 USD. 70.3% of all Affiliates do not continue with MyDailyChoice after their first year.portion of Hempworx income disclosure page
I’ve created several posts about various network marketing companies to not be surprised by those statistics. Unfortunately, building a successful network marketing business is not easy.
The hardest part is the recruitment process. Most people simply do not like the business model. Many people have been pitched by someone in network marketing at some point and likely have a negative experience from it.
However, there are those that enjoy the business model and excel at it. I’ve come across successful network marketers before and they have done a lot of work to have it be their full-time incomes.
The Hempworx Compensation Plan
You can read the full compensation plan here. For the most part, there are three types of enrollment options which include Preferred Customer, Retail Customer, and Independent Affiliate.
A Preferred Customer can buy products at member prices. They can also refer others and earn free products.
A Retail Customer is a one-time buyer and pays retail prices. Independent Affiliates can buy products at member prices and refer others to earn income in the compensation plan.
Independent Affiliates work with a binary plan and commissions are paid monthly:
To determine Binary Commissions, MyDailyChoice looks at the stronger leg volume and lesser leg volume. Aliates can earn up to 20% o of their lesser leg each month. Once Binary Commissions are paid out, any unused volume is carried over to the following month as long as Affiliates have Personal Volume (PV).pulled from the Hempworx compensation plan
I’ve never much cared for understanding network marketing companies’ compensation plans. It’s all a bit confusing to me and Hempworx is not much different in my opinion.
In order to even qualify for Binary commissions, an affiliate must have a total of 40 Personal Volume (PV), 90 Business Volume (BV) on their left leg, and 90 Business Volume on their right leg.
There must also be a minimum of 300 BV in the lesser leg. The company also offers all types of bonuses and incentives such as the VIP Auto Club in which affiliates can earn a monthly car allowance.
Lead Generation for Network Marketers
The most challenging part of network marketing or MLM (multi-level-marketing) is lead generation.
These companies may have their own training methods but distributors still find it challenging to build their own downlines.
Approaching cold leads is difficult and most do not have an interest in starting a business.
This is where attraction marketing comes into play. You can use content to bring qualified leads to you. Content can be in the form of blog posts, social media posts, YouTube videos, email marketing, and sales funnels.
A service like MLSP (My Lead System Pro) has been helping network marketers generate leads using the internet since 2008.
They are worth exploring if you want to pursue becoming a Hempworx Affiliate.
Exploring an Alternative to Network Marketing – Affiliate Marketing
The network marketing business model isn’t for everyone. Personally, I find it to be a difficult business model to follow. Yes, some people do well in it, but most people struggle to make any income.
In most cases, many network marketers put more of their money into the company they are a part of versus what they are able to earn.
Like many people, I have been part of a network marketing company or two. In my experience, affiliate marketing is an easier and often more lucrative online business model.
Affiliate marketing is the promotion of another company’s products and/or services in exchange for a commission when a sale is made.
There are many benefits to affiliate marketing vs network marketing. Some of them include:
- You don’t need your own products
- Millions of products have affiliate programs
- Affiliate programs are free to join
- Unlimited earning potential
- No recruiting!
- Nothing to pack or ship
- Never have to deal with customer service
- Work from anywhere with a WiFi connection
- Choose any niche that you want
- Easy to learn and maintain
- Low-cost to get started (usually under $50)
Creating a Niche Website
The way I make affiliate commissions online is by creating niche websites. A niche website is just a website that focuses on one topic.
All that you need to get started is your own domain name, web hosting, and WordPress. You can get all three with most web hosting companies.
I use and recommend WPX Hosting. I host my website with them. They specialize in WordPress hosting and are known for having fast web servers. Their customer support is top-notch and they have stellar user reviews.
Once you have your website up and running, you will need to create helpful blog posts on a regular basis. Posting 1 to 2 times per week is ideal and completely doable even with the busiest schedule.
Learning the Ins-and-Outs of Affiliate Marketing
Learning affiliate marketing is easy and there are many online training courses that can teach you how to get started.
I chose this training program and am still a part of it today. I implemented what I learned and it has really helped me to make progress faster than if I tried to figure it all out on my own.
You will need to learn things such as SEO (search engine optimization), keyword research, content creation, creating effective calls-to-action, and more.
My Closing Thoughts On Becoming an Affiliate at Hempworx
Selling CBD products is a great way to create a steady income online. Hempworx seems to have a great product line of CBD products.
However, it is a network marketing company which comes with its own sets of pros and cons. Personally I prefer the affiliate marketing online business model.
Niche websites are what I use to earn a consistent income online through affiliate marketing.
It is one of the best ways to earn affiliate commissions. I make commissions while I am sleeping, out grocery shopping, or relaxing with my loved ones.
Beginners may find it a bit challenging to get started. I did as well so I followed a step-by-step training program.
That training program made all of the difference for me and I use it today to help others one-on-one with creating and growing their own niche websites.