is wikaniko worth it
Is 'Wikaniko' worth it?
Wikaniko is a British MLM company specializing in eco-friendly products. It works much the same as Kleeneze & Betterware in that people can sign-up to become distributors &, by recruiting more 'distributors' or by selling product, climbing the tree of success.
I signed-up to see whether or not it was a viable business. They charge £3.50 p/month for the provided website + £79 p/year membership fee (although at the time of writing, this was deferred for 6 months). Interestingly, this £79 does not include any marketing materials as these need to be purchased separately from your 'shop'.
One of the downsides of selling via catalogs is that unlike the other 2 firms mentioned at the beginning of the Hub, Wikaniko requires you to pay for the goods at the point of ordering & then retrieving the cash at point of delivery to your customer. For this to work, they have 2 prices for each item in your 'shop'. One is the price your customer pays (regardless of whether or not they buy from a catalog or direct from your webshop) and the other, lower price, is what you pay if your customer orders via a catalog before you charge the full amount to your customer.
For orders purchased via your webshop, your commission is paid 30 days later.
Unless you have a huge amount of cash spare to pay for orders made via catalog drops, then this method is best avoided.
But are the products cheaper ?.
I have taken a range of products available from Wikaniko's catalog of 950+ products & have compared them against other vendors to see if I can get the products cheaper elsewhere.
The table below sets-out my findings.
Price comparrison
Wikaniko product
| Price (£)
| Cheaper supplier
| Price (£)
|
---|---|---|---|
California Scents - non-spill
| 3.69
| Airfreshenerco.com
| 2.49
|
Astonish Cream cleaner
| 1.99
| Ocado
| 1.49
|
Astonish Window Cleaner
| 1.99
| Ocado
| 1.49
|
Astonish Dishwasher Tablets
| 4.49
| Ocado
| 3.30
|
Beaming Baby bubble bath
| 4.69
| EcoGreenStore
| 3.81
|
Tumble dryer balls
| 6.99
| Denelm Mill
| 0.99
|
Astonish Tar & Bug remover
| 1.99
| Amazon
| 1.66
|
Conclusion
With the exception of stuff that Wikaniko has on sale, the majority of cleaning products are cheaper elsewhere.
Where Wikaniko win-out on price is on some of the quirkier items such as Bamboo towels where they are cheaper than anyone else.
The choice is yours, but personally I won't be continuing to purchase or sell Wikaniko products where I can get the same cheaper elsewhere.