Riman fails to offer possession or govt data on its web site.
Riman’s web site area (“riman.com”), was initially registered in 2001. The non-public registration was final up to date on August twenty eighth, 2023.
Additional analysis reveals Riman launched in South Korea again in 2018. The corporate expanded to the US in April 2023.
Riman is headed up by CEO KyungJung Kim (aka KJ Kim, proper). Why this data isn’t disclosed on Riman’s web site is unclear.
Probably on account of language-barriers, I used to be unable to place collectively an MLM historical past on Kim.
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Riman’s Merchandise
Riman markets a spread of private care merchandise and dietary dietary supplements.
Private Care
Riman’s private care vary is formulated round the important thing ingredient “large byoungpool” (aka centella asiatica).
As per Riman’s advertising and marketing;
Byoungpool, native to southeast international locations like Korea, has proven a historical past of use increasing hundreds of years.
It has even been lauded as one of many “miracle elixirs of life”, a standing that has withstood the check of time.
Byoungpool is understood for its pores and skin regenerating properties, with advantages akin to soothing and calming irritated pores and skin, offering intense hydration, and enhancing the pores and skin barrier.
Riman has invested in creating a specialised, stronger pressure of byoungpool, patented as large byoungpool.
- Vieton Oil Mist – “supplies a layer of moisture”, retails at $35 for a 1 fl. oz. bottle (30 ml)
- Lively Cream Ex – “enhances pores and skin elasticity”, retails at $60 for a 1.69 fl. oz. tub (50 ml)
- Snow Enzyme Cleanser Ex – “mild, but efficient cleaning”, retails at $25 for a 4.25 oz. tube (120 g)
- Magnificence Collagen Ampoule – “kind 1 Hydrolyzed fish collagen for greater bioavailability”, retails at $90 for a 5 ml bottle
- Purecell Cleaning Oil – “dissolves make-up and oil-based impurities, even sunscreen and waterproof formulation”, retails at $30 for a 4.9 fl. oz. bottle (165 ml)
- Each day Aqua BB – “pores and skin brightening and wrinkle care”, retails at $30 for a 1.05 oz. tube (30 g)
- Vieton Multi Stick Balm – “improves pores and skin radiance”, retails at $25 for a 0.31 oz. bottle (9 g)
- Calming Steadiness Gel – “comforts and soothes pores and skin, visibly lowering redness”, retails at $35 for a 3.38 fl. oz. tube (100 ml)
- Radiansome100 Microfluidizer Important Toner – “tones and prepares your pores and skin, permitting merchandise to go on smoother and soak up higher, all whereas making a protecting barrier”, retails at $70 a bottle (measurement not specified)
- Radiansome100 Microfluidizer Cream – “improves outer and interior pores and skin elasticity”, retails at $90 a bath (measurement not specified)
- Radiansome100 Microfluidizer Ampoule – “excessive concentrations of proprietary anti-aging complexes”, retails at $110 a bottle (measurement not specified)
- 4D Lustre Cushion – “comprises oils with a excessive refractive index, which permits for a mirrored image of sunshine from any angle on the face”, retails at $50 a unit (measurement not specified)
- Lively Clear-up Powder – “pure enzymes exfoliate with out stripping pores and skin”, retails at $30 for a 3.17 oz. bottle (90 g)
- Aqua Safety Sunscreen – “SPF 50+ for defense towards each UVA and UVB rays”, retails at $30 for a 1.69 fl. oz. tube (50 ml)
Dietary Dietary supplements
- Deep Discuss Plus – “highly effective detox advantages, acts as a prebiotic to assist in intestine well being (and) strengthens immune system and will increase vitality”, retails at $68 for a field of 28 single-serve sachets
- Magnificence Collagen Ampoule – “kind 1 Hydrolyzed fish collagen for greater bioavailability”, retails at $90 for a field of 28 ampoules
Riman’s Compensation Plan
Riman’s compensation plan pays commissions and bonuses on gross sales quantity generated by retail orders and distributor purchases.
Riman Distributor Ranks
There are seven distributor ranks inside Riman’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Planner – enroll as a Riman distributor
- Supervisor – refer and preserve three retail prospects and generate 3000 PGV over a rolling three-month interval
- Senior Supervisor – preserve three retail prospects and generate 6000 PGV over a rolling three-month interval
- Staff Chief – refer and preserve 5 retail prospects, recruit three Senior Managers or greater, have a complete of ten Managers or greater in your downline (max 5 from anybody leg), and generate 50,000 GV over a rolling five-month interval (max 20,000 PV and as much as 25,000 GV from anybody recruitment leg)
- Director – preserve 5 retail prospects, develop three recruitment legs with a Staff Chief in them and generate 600,000 GV over a rolling six-month interval (as much as 300,000 GV from anybody recruitment leg)
- Senior Director – preserve 5 retail prospects, develop two recruitment legs with a Director or greater in them and generate 300,000 GV a month (restricted to GV generated by personally recruited and second degree Administrators and better (max 100,000 GV from a second degree Director))
- Nationwide Director – preserve 5 retail prospects, develop 4 recruitment legs with a Director or greater in them and generate 500,000 GV a month (restricted to GV generated by personally recruited and second degree Administrators and better (max 250,000 GV from a second degree Director))
To depend in direction of rank qualification, referred retail prospects should have made a purchase order within the qualifying month.
PV stands for “Private Quantity” and is generated by way of retail gross sales and a distributor’s personal orders. Riman states PV is calculated at “about 90% of the greenback worth” spent.
PGV stands for “Private Group Quantity”. PGV is PV counted from a distributor’s PV and that of their personally recruited distributors.
GV stands for “Group Quantity”. GV is a Riman distributor’s PV and that of their total downline.
Retail Commissions
Riman pays commissions on gross sales quantity generated by retail buyer orders.
- Planners earn a ten% retail fee price
- Managers earn a 25% retail fee price
- Senior Managers earn a 30% retail fee price
- Staff Leaders and better earn a forty five% retail fee price
Distributor Rebate
Riman distributors obtain a rebate rebate on gross sales quantity generated by their very own product purchases.
- Planners are eligible for a ten% rebate
- Managers are eligible for a 25% rebate
- Senior Managers are eligible for a 30% rebate
- Staff Leaders and better are eligible for a forty five% rebate
Referral Commissions
Riman pays a forty five% coded residual fee on all personally recruited distributor gross sales quantity.
- Planners earn 5% (pays nothing if referred distributor is Staff Chief or above)
- Managers earn as much as 25% (diminished to five% on recruited Managers)
- Senior Managers earn as much as 30% (diminished to five% on recruited Managers and Senior Managers)
- Staff Leaders and above earn as much as 45% (not specified however assumed to cut back to five% on recruited Managers, Senior Managers and Staff Leaders)
The coded nature of referral commissions sees greater ranked distributors paid the distinction between their price and decrease ranked distributors (i.e. the distinction proportion is handed up till the total 45% out there is paid out).
Residual Commissions
Riman pays residual commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an distributor on the prime of a unilevel crew, with each personally recruited distributor positioned straight underneath them (degree 1):
If any degree 1 distributors recruit new distributors, they’re positioned on degree 2 of the unique distributor’s unilevel crew.
If any degree 2 distributors recruit new distributors, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
- Senior Managers earn 5% on each unilevel crew leg, up till a Senior Supervisor is present in every leg
- Staff Leaders and earn 45% on each unilevel crew leg, up till a Staff Chief is present in every leg
- Administrators earn the identical as Staff Leaders plus a bonus 1% up till a Director is present in every leg, and 0.5% on a second Director
- Senior Administrators earn the identical as Staff Leaders plus a bonus 1.5% up till a Senior Director is present in every leg (additionally a 0.5% distinction on downline Administrators)
- Nationwide Administrators earn the identical as Staff Leaders plus a bonus 2% up till a Nationwide Director is present in every leg (additionally a 1% distinction on downline Administrators and 0.5% on Senior Administrators)
Word that Riman’s compensation plan doesn’t specify whether or not Staff Leaders and better earn residual commissions (though I’m assuming they do).
Matching Bonus
Staff Chief and better ranked Riman distributors can qualify for a Matching Bonus on commissions paid to downline Staff Leaders.
- 50% of rebate and retail commissions is counted
- 100% of referral commissions is counted
To qualify for the Matching Bonus, a Staff Chief should generate 10,000 GV (GV is counted up till a Staff Chief or greater is present in every unilevel crew leg).
As soon as certified for, the Matching Bonus pays :
- Staff Leaders a 15% match on the primary Staff Chief or greater in a unilevel crew leg and 10% on the second and third Staff Leaders
- Administrators a 15% match on the primary Staff Chief or greater in a unilevel crew leg, 10% on the second and third and 5% on the fourth
- Senior Administrators earn a 15% match on the primary Staff Chief or greater in a unilevel crew leg, 10% on the second and third and 5% on the fourth
- Nationwide Administrators earn a 15% match on the primary Staff Chief or greater in a unilevel crew leg, 10% on the second and third and 5% on the fourth to sixth
Word the Matching Bonus is simply paid out on downline Staff Leaders and better who additionally qualify for the Matching Bonus.
Management Achievement Rating Incentive
Administrators and better generate Management Achievement Factors as follows:
- 1 level for every unilevel crew leg with a Director or greater in it
- 2 factors per Director in a unilevel crew leg
- 3 factors for a Senior Director in a unilevel crew leg
- 4 factors for a Nationwide Director in a unilevel crew leg
The Management Achievement Rating Incentive is made up of 1% regional Riman gross sales quantity.
The Management Achievement Rating Incentive is calculated and paid out month-to-month.
Becoming a member of Riman
Fundamental Riman distributor membership is $20.
New Riman distributors may choose to enroll with a “Starter Equipment”:
- EX Line Starter Equipment – $335
- Starter Equipment Plus – $1116
- Starter Equipment Premium – $1661
The distinction between Riman’s Starter Kits is bundled merchandise.
Riman Conclusion
Riman’s dietary dietary supplements really feel like an afterthought to its private care vary. I feel it’s apparent the dietary supplements have been tacked on put up launch in some unspecified time in the future.
Riman’s private care vary is formulated round centella asiatica, in any other case generally often known as asiatic pennywort.
In conventional drugs, C. asiatica has been used to deal with varied problems, dermatological circumstances, and minor wounds, though scientific efficacy and security haven’t been scientifically confirmed.
To get round asiatic pennywort being available throughout Asia, Riman has provide you with its claimed “stronger” pressure.
I can’t converse as to whether that makes a lot of a distinction, owing to Riman failing to offer peer-reviewed research pertaining to their developed pressure.
That mentioned I didn’t discover Riman’s pricing to be outrageous. As you’d anticipate although, there’s a plethora of centella asiatica private care merchandise on the market.
Given Riman’s pricing, in all probability value trialling a number of merchandise first earlier than leaping into the MLM alternative.
This brings us to Riman’s compensation plan. Though Riman is lower than ten years outdated, its compensation plan feels prefer it was developed within the Nineteen Seventies.
It’s overly difficult, there’s catches and gotchas baked into every little thing, and the final sense I obtained was as a lot as potential has been performed to screw over decrease ranked distributors. To the good thing about course of these on the prime.
As an alternative of incentivizing the place nearly all of Riman’s distributors are more likely to rank (the primary few ranks), distributors are punished.
Retail commissions are bizarrely tiered primarily based on rank as an alternative of retail quantity. Whether or not a distributor generates $100 or $1000s of month-to-month retail orders, they lose out except they rank up.
This requires massive quantities of GV. That’s not a difficulty if nearly all of GV is retail quantity, however once more we’re backed to decrease ranked Riman distributors being penalized.
Different rank standards is equally as unusual. That is from the qualification necessities for Supervisor;
Accrue 3,000 BP in your Private Staff in the newest 3 months. Private Staff consists of you and the Planners you personally sponsor (1st degree).
– All quantity generated straight out of your Buyer Gross sales will depend towards the place’s qualification.
*As much as 1,500 BP (50% of the qualification) is eligible for the place’s quantity necessities generated by the Planners you sponsor in your 1st degree.
Generate 3000 GV between you and your personally recruited Planner or greater ranked distributors… however solely 50% is countable from personally recruited Planner or greater ranked distributors.
That leaves a Supervisor ranked distributor having to generate 1500 PV (retail gross sales plus their very own purchases).
Don’t get me unsuitable, limiting recruitment quantity is nice however that is solely the second Riman distributor rank.
Riman’s rank development scaling is totally off and units up nearly all of Riman distributors to fail.
Elsewhere there’s real makes an attempt to encourage retail gross sales.
Riman’s retail prospects are additionally rewarded with “reward factors” primarily based on how a lot they buy. Reward factors may be put in direction of future product orders.
Riman additionally encourages retail gross sales by policing potential stock loading.
In case your month-to-month private purchases exceed $1,000, it’s essential to present proof of buyer gross sales on 70% of purchases above $1,000.
If the requirement isn’t fulfilled by the tip of the next month from the acquisition date, you’ll not be allowed to make future purchases till the requirement is glad.
Assuming the coverage is definitely implement, this stops Riman distributors from simply stock loading the required 1500 PV at Supervisor. However why is that this a factor to start with?
In placing collectively my Riman compensation evaluation I needed to repeatedly flip backwards and forwards in all places.
Issues didn’t make sense and I misplaced depend of what number of occasions I had to return and examine some obscure restriction to make sense of one thing else that, for no specific purpose, tied right into a beforehand coated fee or bonus (breaking down rank necessities was a nightmare).
I really feel that to ensure that Riman to be taken critically exterior of Korea, the corporate must scrap its present compensation plan. Do away with all of the restrictive penalties, catches and gotchas on each fee and bonus and simply simplify issues.
Paying out the total retail fee quantity throughout all ranks can be one other step in the fitting course.
Additionally improve the Riman English web site to carry it consistent with FTC Act regulatory requirements.
Riman’s govt, compensation plan and related becoming a member of price particulars are hidden from shoppers. This can be a main purple flag in and of itself.
With no critical compensation rework, no matter what merchandise Riman is advertising and marketing the MLM alternative isn’t value contemplating.
