Sunday, 7 October 2012

DXN Ganoderma Philippines scam or not?

dxn scam or not
dxn scam or not?

One of the top and popular company in the MLM realm is DXN. It was founded in Malaysia in 1993 by Mr. Siow Jin Lim. This company is not only marketing food supplements using Ganoderma or Lingzhi, but they also are cultivating and manufacturing their own products. Aside from that they also are in categories like household products, water treatment systems, personal care, skin care, food and beverages and cosmetic products. DXN is well known from its motto: "One Dragon One World One Market and One Mind". In 2010 they have over 4 million distributors from from 153 countries worldwide. (see: http://en.wikipedia.org/wiki/DXN_%28Brand%29)
This company has already passed the 10 years mark. The usual basis for a MLM company stability. Majority of MLMs have very short life span. Those who pass this 10 year mark will more likely last long.

Why DXN survived

The major reason I see why DXN have lasted for more than ten years is that they manufacture their own product. They do not rely on suppliers and they have their own farm and factory. In this way they save a lots of money. Another reason for DXN's longevity is that they do not use the controversial binary system in their compensation plan. Although binary is more lucrative,this system has a huge tendency of the members to concentrate and earn mainly by recruitment. Everybody who is knowledgeable in MLM knows  the more lucrative the pay plan is, the more chance the MLM company shortens its life span.
Additional pros about the company is their strict users policy and procedures that members are obliged to follow. This lowers DXN's reputation degradation due to minimal bad business practice and ugly experiences of people (see: http://www.dxnusa.com/forms/USEnPolicyProcedure.pdf).

Possible gray areas

DXN has been around for a long time now and distributors are rampant everywhere. Innate to MLM, they do not have area rights and in DXN, it is clearly stated in number 10 of their users policy and procedures.
 10. Restriction / Right to Area 
 All distributors are not allowed to have any restriction or right to a particular geographic
area.  Distributors are not permitted to declare that they have any specific right on a
particular area.

This now pose area saturation problems, unlike franchise business they have area contracts. They are protected from loss of sales and costumers due to competition from their own branch in the same area. But this protection is not naturally existing in MLMs. One of the great killers of MLM is market saturation and in DXN, like many MLMs this problem has not been addressed.

DXN have a wide range of products but mainly they are into food supplements and health beverages making use of Ganoderma or Lingzhi, which they culture and process themselves. Even with an own farm and factory, their prices are still no match to their competitions that are distributed via normal business model. A good example of this brand is Jimm's 7 in 1 coffee, It is not distributed via MLM so it is much cheaper and  are easily available to everybody on retail stores. It has lots of healthy herbs in it namely Agaricus blazei Murll, Korean ginseng, Spirulina and Ganoderma. It is a popular brand here in the Philippines so I can not help but consider it as a heavy contender of DXN.

Disclaimer

The article above is my personal views and opinions that is the product of my own research, critical thinking and common sense. I am no expert in journalism or in any field. I am just an ordinary person expressing my own thoughts.

If you wish to add suggestions, agree or disagree with me your valuable comments below are very welcome
:)

Is DXN Scam or not?

17 comments:

  1. Boploks talaga gumawa ng site nato,mag research ka ng mabuti,mag imbistiga ka.

    Taga DXN ako dati,dapat my incentives ako na free trip to singapore.hindi natuloy alam mo kung bakit? Dahil ang mga empleyado nag nenetwork din,mina manipulate nila ang system.kaya isa mga empleyado ang nakakuha sa free trip na dapat mapunta sakin.

    Tsaka nung malaman ko yong plantation nila,capsulated form.dapat natural logwood,tska 3months plng harvest na agad mushroom nila,hindi pa mature enough.so habol nila QUANTITY hindi QUALITY.dapat ang pag harvest mga 8months to 1 yr old para mature enough.

    ReplyDelete
    Replies
    1. ikaw ang bobo, anung pakialam nya sa hinde ka maka abroad? ahaha..

      tsaka ang layo naman ng pinagsasabi mo, ang sinabi lang ng blogger nag cultivate sila ng kanilang products. yun lang, yung comments mo ang layo, haha.. sino ngayun nag boploks? haha..

      Delete
    2. Ok lang ako bobo...
      Ikaw naman TANGA! Ayon tuloy mas malala kapa!

      Hahahahahahahahahahaha

      Delete
    3. bobo ka sa lahat ng bobo.....

      Delete
  2. so what kung market saturate? may nakita ka na nasaturate? ano gusto mo monopoly na lang ng isa o unting tao. imagine mo na lang kung gusto mo yung product at ikaw ay binigyan ng opportunity para kumita dun..

    ReplyDelete
  3. Magsitigil kayo!!! Mga baklang supot!

    ReplyDelete
  4. This Company was used to be a bid company closed by Securities and Exchange Commission as a Ponzi Scheme in the United States. The same people moved the scam to Hongkong and the profit transfer somewhere in the Caribbean Islands away from Uncle Sam grasp. Do not invest in this business because it's a Ponzi Scheme. You have been warned. Supreme Wealth Alliance Review: Its simply a scam

    There is no information on the Supreme Wealth Alliance website indicating who owns or runs the business.

    The company does however state that it is based in “the sovereign nation of Belize, Central America”. Belize is of course widely recognised as a tax-haven for offshore business activity.

    Despite the Supreme Wealth Alliance website containing no information on who is running things, the company’s domain (“supremewealthalliance.com”) is using the DNS servers of the domain “millionairex1.com”.

    Millionaire X1 is one of three schemes (Millionaire X2 and Millionaire X7 are the other two), run by James Lee Valentine under the Millionaire X brand (which in turn appears to be part of Valentine’s Empowered Millionaire” parent scheme).

    Additionally, both the Supreme Wealth Alliance and Millionaire X7 websites both share the same favicon (with Supreme Wealth Alliance’s source code requesting an image from the Millionaire X7 domain):

    ReplyDelete
  5. halatang bitter ka sa SWA.. haha.. DXN usapan dito.. bket SWA kinomment mo? =P

    ReplyDelete
  6. lol, medjo naligaw si kuya...

    ReplyDelete
  7. Proud To be Royale

    ReplyDelete
  8. mga bobo pala kayo, dapat nescape ang kape natin, masarap ang lasa parang kopiko.!

    ReplyDelete
  9. Well for me, DXN survived simply bcoz their products are simply amazing :) No other products can match the benefits u can get with their own cultivated red mushroom..

    ReplyDelete
  10. Power ang DXN lalo na ngayong may Additional Icing on the Cake Compensation (IOC) Plan. It's Simple and It;s Easy coz It;s IOC.

    ReplyDelete
  11. Please BEWARE of SCAM FRAUD by Economic Frauds Detection & Prevention Inc.

    Economic Frauds Scam - https://economicfrauds.net

    Around May 23, this year my office received a call from a representative (he refused to mention his name) from Economic Frauds Detection & Prevention Inc. telling us that someone had filed a damaging complaint against our company, although he would give no further details, and we have no knowledge of any such complaint. During the conversation, he suggested that we should make a payment of $650 and in return that they will not make the complaint public as it would damage our reputation. We told him that we would think about it, because it is a corporate matter, and we don't have the discretion to make payments for reasons like this without approval from our bosses. Up until this week, they have been calling us about it continuously. They even threatened to make our company famous with the information that they have by exaggerating the complaint and posting it publicly on their site and all over the internet. They even gave us their site name, which is https://economicfrauds.net, and asked us to check for ourselves what had happened to other companies that refused to settle with them in the past.

    ReplyDelete
  12. Please BEWARE of SCAM FRAUD by Economic Frauds Detection & Prevention Inc.

    Economic Frauds Scam - https://economicfrauds.net

    Around May 23, this year my office received a call from a representative (he refused to mention his name) from Economic Frauds Detection & Prevention Inc. telling us that someone had filed a damaging complaint against our company, although he would give no further details, and we have no knowledge of any such complaint. During the conversation, he suggested that we should make a payment of $650 and in return that they will not make the complaint public as it would damage our reputation. We told him that we would think about it, because it is a corporate matter, and we don't have the discretion to make payments for reasons like this without approval from our bosses. Up until this week, they have been calling us about it continuously. They even threatened to make our company famous with the information that they have by exaggerating the complaint and posting it publicly on their site and all over the internet. They even gave us their site name, which is https://economicfrauds.net, and asked us to check for ourselves what had happened to other companies that refused to settle with them in the past.

    ReplyDelete
  13. I really like it whenever people come together and share ideas.
    Click here DXN GLOBAL SCAM REVIEW

    ReplyDelete

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