Overview, company details, product information, news, events, rankings and Rep listings for Monitium.
Original Npros business profile for Monitium, preserved below for archival purposes:
Monitium was a network marketing company launched around 2010 under the leadership of founder and CEO Ken Eggleston. Rather than building its business around a single product line, Monitium promoted itself as an umbrella platform that allowed members to build one permanent sales organization and use that same network across multiple partner MLM companies. The concept was marketed as a way for network marketers to diversify their income and avoid having to rebuild a downline each time they joined a different direct-selling company.
Members paid a monthly fee for access to the Monitium system, which included replicated websites, lead-generation and marketing tools, training, and a business-management platform. A 2010 promotion advertised a 30-day free trial followed by a monthly membership of approximately $49.97 and offered a "four and it is free" program for members who personally recruited four active participants. Monitium itself also used a binary-style organizational structure and offered recruitment and leadership incentives in addition to the commissions members could potentially earn from participating partner companies.
The partner-company portfolio changed during Monitium's operation. Companies promoted through the platform at various times included WOW Green, FaceBizPro, Bellamora, SoZo, eXfuze, and Smart Media. In March 2012, Monitium announced plans to add Essanté Worldwide and GT Trends Travel, which would have expanded the platform into personal care, nutritional products, household products, computer education, and travel. The underlying idea was that members could redirect purchases they were already making into several network marketing companies while maintaining the same Monitium-sponsored organization.
Monitium's business model attracted criticism within the network marketing industry because compensation within the Monitium platform itself was closely tied to recruiting additional members, while members were also expected to generate qualifying volume through multiple outside MLM companies. Critics also questioned whether the "permanent genealogy" concept could function alongside the distributor agreements and cross-recruiting restrictions imposed by participating MLM companies.
This is the key difference Monitium says makes them unique. By building a reliable team first, then plugging into one of the many MLMs that associate with Monitium, they believe success is more feasible. By not putting all of your eggs in one MLM basket, so to speak, you increase your chances of financial gains. Monitium states they thoroughly research the MLM's with whom they choose to promote. This is what they term as their "wealth building system". Every transaction, and communication is handled through the Monitium portal.
Sign up fees for Monitium include a $117.95 package, for Protected Genealogy, Genealogy Back Office, Data Storage, Portfolio Insertion, 2010 Enrollment Fee and Monitium Success System configuration, and a 67.99 package which includes monthly Protected Geneaology, Genealogy Back Office, Data Storage and Monitium Success System Subscription.
Ken Eggleston, Founder
March 07, 2012 -- Monitium is about to launch Essanté Worldwide and GT Trends Travel as their fifth and sixth partner companies. The contracts are done between Monitium and each of the aforementioned companies and the timing to add them is currently being determined based on partner resources.Keeping with the Monitium concept of building wealth through transfer spending Essanté Worldwide includ...
Monitium recently announced their Leadership Lead Program for those current and future members that qualify for it. In order to qualify, one only has to have four personal recruits and take part in each partner company which will cost less than most one company auto-ship. Monitium is the new generation of network marketing and wealth creation worldwide as it allows anyone the opportunity to bui...
Monitium Announces First Companies They Have Partnered With and How Network Marketers Will Benefit from Transfer Spending. The companies are Wow Green cleaning products, Sozolife coffee, ExFuze energy drinks, and Smart Media Technologies.Monitium, the company that is already creating the buzz of how network marketing will be changed forever, has announced the first four partner companies which ...
Monitium Launches Internet Marketing Online UniversityMonitium has launched the Monitium Online University which consists of training videos for online marketing. Amongst the Monitium online university, you will find the first 13 video topics that address specific subjects related to online marketing.PRLog (Press Release) - Jan 04, 2011 - Los Angeles, California, USA (Jan 2, 2011) - Just in ...
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