This is my complete review of a Network Marketing called IFA, a division of Clientele Life Insurance. The Covid 19 is here and some of us are stuck at home and some are losing their job.
More people are worried about their income and they are looking for the best way to make some extra income. Is IFA the solution?
In my IFA Review I will cover:
- How IFA works
- How to join IFA
- If IFA is worth your time or not
- If IFA is legit or a scam
- The alternative to IFA
So without further ado, let’s get started.
IFA provide an opportunity to earn some extra income as an IFA member by recruiting people to join the network. You can sign up through an existing member and attend the IFA presentation. To be an IFA member you will need to pay a joining fee of R55 per month and subscriber to one of the Clientele Life premium plans that you can afford.
Yes IFA is very legit but I do not recommend anyone to join any Network Marketing the success rate is very online and the income potential that you can earn as IFA Member is very low.
If you want to learn how to make money online and build your online business You can check out My Top Recommendation platform and learn how you can build a stream of income.
What is IFA all about and how it works?
IFA is a South African Network Marketing Company that provides an opportunity to everyone to make some extra income full-time or part-time by signing up as an IFA member.
IFA stands for Independent Field Advertising and it is a division of Clientele Life Insurance. IFA was found in 2008 by Clientele Life Insurance the most trusted and respected name in the South African financial services sector.
They have paid out over R2 Billion in earnings. If you want to earn peace of share as an IFA member stay tuned to find out if this is what you are looking for or not and if it will be worth your while.
You may still be wondering how IFA works right?
Let me simplify things for you.
As an IFA member, you will earn 12% of the people you recruit and you need to understand the so-called success formula.
The 2-5-10 principle.
This is how it works, You have to recruit 2 in your team and then 5, then 10 and teach them how to recruit too and you will earn will IFA up to level 6.
It is about building a team of recruiters
How to become IFA Member?
To become IFA Member you need to be invited by an existing IFA member and you need to be over 18 years and you need to attend the IFA presentation.
Once you understand the business model then you need to pay R55 per month as IFA Membership and you also need to subscribe to one of the Clientele Life Insurance plans.
Below is the service you need to subscribe to:
- IFA GOLD: R399 per month
- Clientèle Ultimate Dignity Plan: R248 per month
- Clientèle Funeral Dignity Plan : R231 per month
- Clientèle Wealth Plan: R300 per month
- Clientèle Ultimate Foundation Plan: R300 per month
- Clientèle Classic Legal Plan: R277 per month
All of those plans come with different benefits for more information you can go and check IFA product pages to decide which package is best for you.
IFA is more like the Duepoint system I recently reviewed. You can check out the Duepoint Review to understand this business model if you want to join Network Marketing.
As IFA Member you need also to understand the importance of paying your Clientele life premium insurance and the IFA membership.
Then you need to recruit other people to join IFA that how people make money with IFA the more people you recruit the more money you make.
How much can earn with IFA?
Unfortunately, there is no way you can find the IFA Income disclaimer on their website. What you have to understand is you need to recruit more people and build your team.
You can earn money with IFA from Level 1 to 6. The earnings differ from levels and the insurance plan your team subscribes to.
If your team recruit new IFA members at Level 1 they will be placed on level 2. If level 2 recruit other new IFA members they will be placed at a level 3 and so forth.
You need to recruit more people to build your team the more people you recruit the more money you make.
If you recruit 5 people and those people pay the IFA membership and subscribe to Clientele life premium insurance in the same month you will qualify as IFA Earner.
You will also qualify for IFA Clubs by building your downline team and earn monthly club bonuses.
What you have to understand here if you recruit 5 people and they pay the Clientele Life premium insurance for the value of R300 you will earn R180.
It is 12% of the commission of the people you recruit which is around R36 per person. If you recruit another 5 people and you reach 10 people you will earn R360.
By looking at this amount you can tell that the earning potential is very low. You need to recruit a lot of people and the people you recruit need to recruit to make decent money.
Is IFA Worth it?
The time and the effort you put into this business is not worth my time. Yes, you can make money with IFA but the earning potential is very low.
If you are not good at recruiting people you can not make decent money.
Everyone you meet is your potential client you need to be ready to speak to them and recruit them.
This kind of business does not give a freedom and you will always need to meet up with people to increase your earning.
All the energy you put into this business if you switch it somewhere else you can make a lot of money. I always recommend my reader to start an Internet and Affiliate Marketing business.
If a proper strategy is implemented you can make passive income online with your laptop and internet connection.
You can check out My Affiliate Marketing Case Study and see how people are making 4,5 to 6 figures income per month.
Is IFA Legit or Scam
IFA is a very legit opportunity to make money full time or part-time. The problem that I have with this Network marketing the make you believe that you are a partner or distributor.
But in reality, you are a potential client and salesperson. If you join IFA you need to pay your membership of R55 per month and subscribe to the Clientele Life insurance plan that you can afford.
Can you see that?
They are making money every month with your membership. You are a potential client once you sign up and you need to recruit other people to join IFA.
Now you are a salesperson who is marketing their business. The other problem that I have with MLM or Network marketing is the more people you recruit in the business the more competitive the business becomes.
Because everyone that you recruit has to recruit also to make money.
But if you start the Internet and Affiliate marketing you do not need to recruit anyone you just need to recommend people products that you use daily.
You can see below I am making commissions almost every day with my laptop and internet connection.
You may ask what is Affiliate Marketing?
It is the process of recommending someone else products and services and get paid a commission. The good part of this business if you make a sale you can share 50% 50% with the owner of the product or even earn more.
You can also read the step by step Affiliate Marketing Guide to learn how you can start making passive income with their laptop and internet connection
IFA Pros and Cons
- Opportunity to make some extra income
- The insurance covers your loves one
- Get rewarded (Grocery, Health & Beauty Coupons)
- Low potential Earning
- No reliable business
- The success rate is very low
The alternative to IFA (Affiliate Marketing)
Affiliate Marketing is the best alternative to any MLM or Network Marketing if a proper strategy is implemented you can make passive income from home and you do not need to recruit anyone.
Let me explain this quick with an example
Uber allows users to invite other drivers or passengers to join their platform using a unique link or a code that you share with people you know.
In return, if someone signs up with Uber using your unique link or a code you can earn some rewards, like coupons, discount codes or cash.
That’s affiliate marketing!
I hope this simple example helps you better understand the big picture of affiliate marketing in general. People are making 6 figures with this business model.
You do not need to buy any products and you can build a stream of income online.
Let check Amazon.
Amazon is the biggest Affiliate Network and you can sign up for free and earn up to 10% commission. You can recommend any products and make commissions.
ClickBank is a Leading Global Retailer and Affiliate Marketplace.
They have paid people a billion US dollars in commission you can sign up for free and recommend people different products and earn commissions.
To maximise your earnings or learn how affiliate marketing works. I am inviting you to sign up for my free 7-day email course.
All you need is the internet connection to receive my email for the 7 days.
Once you sign up by providing your name and email address you need to check your inbox. You receive a confirmation email and if you do not find my email you can also check your spam folder.
I will show everything that I know to make your first commission online. You can also download My Free Making Money Guide and understand the process of making money online from anywhere in the world.
IFA Review – Final Verdict
IFA is legit Network Marketing that you can sign up for and start making money by recruiting other people to join IFA.
I do not think you can build a reliable business by recruiting people and the more people you recruit the more it becomes competitive.
If you are good at recruiting you can still join IFA and make money.
But the earning potential is very low and I do not recommend my reader to join any MLM or Network Marketing.
The time you invest in those businesses you can do better if start an Internet and Affiliate Marketing business.
Better yet your business is online and it can reach many people from around the world. All you need is a laptop and an internet connection.
If you are interested in this business model you can check out My Top Recommendation platform and start your free training and learn how you can build a stream of income online.
Your IFA Review and experience
Are you an IFA member or you have been in the past. Please leave your own review in the comment section whether good or bad it does not matter as long as is useful to people.
Here is my question to you what is the best way to make money? It is recruiting people who start your internet and Affiliate Marketing.
Please leave a comment I want to learn from you.