Riman fails to offer possession or government info 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 info isn’t disclosed on Riman’s web site is unclear.
Presumably 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 shouldn’t be brazenly upfront about who’s operating 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 1000’s 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 corresponding to soothing and calming irritated pores and skin, offering intense hydration, and enhancing the pores and skin barrier.
Riman has invested in growing 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 increased 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 Stability 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 (dimension not specified)
- Radiansome100 Microfluidizer Cream – “improves outer and internal pores and skin elasticity”, retails at $90 a bathtub (dimension not specified)
- Radiansome100 Microfluidizer Ampoule – “excessive concentrations of proprietary anti-aging complexes”, retails at $110 a bottle (dimension not specified)
- 4D Lustre Cushion – “accommodates 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 (dimension 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 cover in opposition to each UVA and UVB rays”, retails at $30 for a 1.69 fl. oz. tube (50 ml)
Dietary Dietary supplements
- Deep Speak Plus – “highly effective detox advantages, acts as a prebiotic to help in intestine well being (and) strengthens immune system and will increase power”, retails at $68 for a field of 28 single-serve sachets
- Magnificence Collagen Ampoule – “kind 1 Hydrolyzed fish collagen for increased 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 – join as a Riman distributor
- Supervisor – refer and keep three retail clients and generate 3000 PGV over a rolling three-month interval
- Senior Supervisor – keep three retail clients and generate 6000 PGV over a rolling three-month interval
- Crew Chief – refer and keep 5 retail clients, recruit three Senior Managers or increased, have a complete of ten Managers or increased in your downline (max 5 from anyone leg), and generate 50,000 GV over a rolling five-month interval (max 20,000 PV and as much as 25,000 GV from anyone recruitment leg)
- Director – keep 5 retail clients, develop three recruitment legs with a Crew Chief in them and generate 600,000 GV over a rolling six-month interval (as much as 300,000 GV from anyone recruitment leg)
- Senior Director – keep 5 retail clients, develop two recruitment legs with a Director or increased 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 – keep 5 retail clients, develop 4 recruitment legs with a Director or increased 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 rely in the direction of rank qualification, referred retail clients should have made a purchase order within the qualifying month.
PV stands for “Private Quantity” and is generated through 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 whole downline.
Retail Commissions
Riman pays commissions on gross sales quantity generated by retail buyer orders.
- Planners earn a ten% retail fee fee
- Managers earn a 25% retail fee fee
- Senior Managers earn a 30% retail fee fee
- Crew Leaders and better earn a forty five% retail fee fee
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
- Crew 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 Crew Chief or above)
- Managers earn as much as 25% (lowered to five% on recruited Managers)
- Senior Managers earn as much as 30% (lowered to five% on recruited Managers and Senior Managers)
- Crew Leaders and above earn as much as 45% (not specified however assumed to cut back to five% on recruited Managers, Senior Managers and Crew Leaders)
The coded nature of referral commissions sees increased ranked distributors paid the distinction between their fee and decrease ranked distributors (i.e. the distinction proportion is handed up till the total 45% accessible is paid out).
Residual Commissions
Riman pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an distributor on the high of a unilevel workforce, with each personally recruited distributor positioned instantly below them (degree 1):
If any degree 1 distributors recruit new distributors, they’re positioned on degree 2 of the unique distributor’s unilevel workforce.
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 workforce leg, up till a Senior Supervisor is present in every leg
- Crew Leaders and earn 45% on each unilevel workforce leg, up till a Crew Chief is present in every leg
- Administrators earn the identical as Crew 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 Crew 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 Crew 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)
Be aware that Riman’s compensation plan doesn’t specify whether or not Crew Leaders and better earn residual commissions (though I’m assuming they do).
Matching Bonus
Crew Chief and better ranked Riman distributors can qualify for a Matching Bonus on commissions paid to downline Crew Leaders.
- 50% of rebate and retail commissions is counted
- 100% of referral commissions is counted
To qualify for the Matching Bonus, a Crew Chief should generate 10,000 GV (GV is counted up till a Crew Chief or increased is present in every unilevel workforce leg).
As soon as certified for, the Matching Bonus pays :
- Crew Leaders a 15% match on the primary Crew Chief or increased in a unilevel workforce leg and 10% on the second and third Crew Leaders
- Administrators a 15% match on the primary Crew Chief or increased in a unilevel workforce leg, 10% on the second and third and 5% on the fourth
- Senior Administrators earn a 15% match on the primary Crew Chief or increased in a unilevel workforce leg, 10% on the second and third and 5% on the fourth
- Nationwide Administrators earn a 15% match on the primary Crew Chief or increased in a unilevel workforce leg, 10% on the second and third and 5% on the fourth to sixth
Be aware the Matching Bonus is barely paid out on downline Crew 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 workforce leg with a Director or increased in it
- 2 factors per Director in a unilevel workforce leg
- 3 factors for a Senior Director in a unilevel workforce leg
- 4 factors for a Nationwide Director in a unilevel workforce 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 Package”:
- EX Line Starter Package – $335
- Starter Package Plus – $1116
- Starter Package 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 had been tacked on publish launch sooner or later.
Riman’s private care vary is formulated round centella asiatica, in any other case generally generally known as asiatic pennywort.
In conventional medication, C. asiatica has been used to deal with numerous issues, 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 give you 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 count on although, there’s a plethora of centella asiatica private care merchandise on the market.
Given Riman’s pricing, in all probability value trialling just a few 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 Seventies.
It’s overly difficult, there’s catches and gotchas baked into all the pieces, and the final sense I acquired was as a lot as doable has been executed to screw over decrease ranked distributors. To the good thing about course of these on the high.
As a substitute of incentivizing the place the vast majority of Riman’s distributors are prone to rank (the primary few ranks), distributors are punished.
Retail commissions are bizarrely tiered based mostly 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 the vast majority 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 Crew in the newest 3 months. Private Crew consists of you and the Planners you personally sponsor (1st degree).
– All quantity generated instantly out of your Buyer Gross sales will rely 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 increased ranked distributors… however solely 50% is countable from personally recruited Planner or increased 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 the vast majority of Riman distributors to fail.
Elsewhere there’s real makes an attempt to encourage retail gross sales.
Riman’s retail clients are additionally rewarded with “reward factors” based mostly on how a lot they buy. Reward factors may be put in the 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, you have to present proof of buyer gross sales on 70% of purchases above $1,000.
If the requirement shouldn’t be 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 constantly flip backwards and forwards everywhere.
Issues didn’t make sense and I misplaced rely of what number of instances I had to return and test some obscure restriction to make sense of one thing else that, for no explicit cause, 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 severely outdoors 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 could be one other step in the suitable route.
Additionally improve the Riman English web site to carry it in step with FTC Act regulatory requirements.
Riman’s government, compensation plan and related becoming a member of value particulars are hidden from customers. This can be a main crimson flag in and of itself.
With no severe compensation rework, no matter what merchandise Riman is advertising and marketing the MLM alternative isn’t value contemplating.