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2.8

Summary

Vestige Marketing Pvt Ltd
Devdath D Souza@devdsouza61
May 15, 2019 01:03 PM, 259941 Views
Does Vestige Has the Potential?

The company is copy cat marketing of the original global leader Amway which markets more than 450 products by its own inventions with more than 1000 patents which is in market since 60 years & its acquired brand which is 80+ years or research & which has its own organic farms & products which are in the category of Neutraceuticals,


Vestige company is now in business since 2004, its products are from whom or which research team with how many patents it has is not revealed while it has got local certifications just like mass market products like Unilever & P&G which are full of chemicals with tall claims, but in such a short time their quality with proven results is hard to imagine.


Just like Patanjali which too wants to grab the FMCG market with more & more products outsourced but sold in its name which has brought it bad name as the certified products are proven to contain pesticides, heavy metals which were not in the products submitted for certification.


If we come to neutraceuticals they are sourced from outside by Vestige as they have no farms or facilities of their own!


When competing with multinational companies you need quality products which are not in the open market but have some unique features which are lacking in Vestige as their Glucosamine is just with 1 ingredient while Nutrilite has plant & fruit extracts in combination of 4 ingredients.


Flax seed oil is marketed as Omega 3 which is not superior but is bad Omega 3 compared to Fish extracted with better results when used & tested for their results in lowering Triglycerides & balancing HDL to LDL ratio.


Just hype & marketing the products with lower prices compared to multinational products won’t last as without proven results it is waste of money for the consumers.


Coming to their accumulated commissions without starting from 0 every month or not demotion once you reach a certain level is a flawed method which is difficult to sustain in the longer run. Without putting any effort by yourselves you will get commission based on your past efforts is a myth, but sales based incentives only last forever. Unless the company sells more how can it pay skewed commission every month?


The same way they give figures & data of 2000 people getting from 1 lakh to 60 is not believable as the company directors are seen to be pocketing 22 crores while their company net worth is only 27 crores, they claim they have reached 1800 crores of sales while their past records show only to the tune of 740 or 60 crores sales.


Rise or Claim seems to be phenomenal but if people stop joining this company the Fall might be colossal. So beware & test the products whether they are quality for money rather than the promised lifestyle or money then only join or decide to continue.

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