Is Zinzino legit? Is that a pyramid scheme? Is that mlm? Is it a good business? Those are questions I often hear so let’s go through them one by one.
Whoever read My Story understands quite well, that there is no question regarding the functionality of the products and whether Zinzino works or not. The Norwegian Vitas technology developed at Oslo Science park in combination with continuous innovations in product development in cooperation with universities around the world make the products truly top-class in the nutrition and food supplement sector.
Zinzino AB is a NASDAQ quoted company. That means that they are under permanent supervision in terms of all data reporting. Or to make it very clear – if a company listed at NASDAQ breaks any rules in terms of transparency towards shareholders, it’s very easy to get unlisted, which could be deadly for any company. Access to stock market means access to capital. Entering NASDAQ is a very complicated process which also requires a strong capital base. So whoever achieves that will not give up its position. From a business point of view, any company quoted at NASDAQ must be legit, and more than that – reliable.
Anyone can access Zinzino quarterly and annual reports here.
Yes and no. If a pyramid means that one level gets a margin from another level, then yes. If pyramid is a synonymum for a financial scam, then no.
Every business has a pyramid pricing scheme:
Production cost + margin
= price of product for sale to distribution chain
Distributor price + margin = wholesale price
Wholesale price + margin = retail price
In the global economy, add more players in the export and import fields – usually at least one exporter and one importer. Typically, you have a minimum of 5 product “stops,” where the price is increased without significant change in the product value. This is how product price is derived.
If any member of the distribution chain is strong and successful, they are entitled to better prices, which means smaller margins for those before them.
Marketing costs such as advertising, branding, influencer marketing, logos, brochures, etc., these must be covered by the margins of the stronger players in the distribution channel.
Zinzino is sold via network marketing: It uses the marketing tool every marketer hopes for: Word of mouth. There is no better way to sell anything than if a friend, or even better an informed friend, or an industry expert, tells you that something worked for them.
I am originally a marketer by profession and even at school we learned that word-of-mouth is the best marketing any product/service can have. In marketing, word-of-mouth means success of a campaign, success of longterm efforts. I ask clients for testimonials and reviews for exactly the same reason. There is nothing better than recommendation.
Instead of paying costly TV ads and other mass media advertising, Zinzino invests in partner training. The access to information is extraordinary in both, the product range and science behind it, as well as in personal development of the partners.
Is Zinzino a pyramid? Yes. Is it legit? Yes.
Zinzino is a good business opportunity. Whether or not it is a good business, that depends on what the partner is looking for and what they are willing to invest. Money doesn’t grow on trees. Whoever goes the extra mile will eventually succeed.
If you are in the health/nutrition sector, Zinzino provides great tools to enable you work with individual clients, have great positive impact on their health, and be rewarded for it accordingly.
If you are looking at the business opportunity, you will be equipped with a set of tools to create a successful business. But remember – in the end, it all depends on real customers using the products. You will be impressed when you first experience what a combination of business success and health impact on people around you feels like!