Welcome to my Review “Is Riway A Scam?”!
Recently I came across one blog post on Riway that made some bold claims and as a result, I wanted to do some research on Riway. The results are shocking and I am sharing my findings in this review post.
I am sure the reason you are here is to find out more information on Riway and by the end of this review post, you will have enough information that will help you in your decision making.
Disclaimer: Please note, I am not a member or an affiliate for Riway. This review has been researched with information and/or testimonials that are available online in the public domain. Any recommendations and/or conclusions are strictly opinions and may not to apply to, or agree with, all persons or situations. See the full disclaimer for more information.
Riway Review Summary
Product Name: Riway
Creators: Lim Boon Hong
Launch Date: July 2008
Product Type: MLM Company In The Health And Wellness Industry
Best For: Experienced Network Marketers who can sell expensive products.
Price: $375 – $2450
Summary: Riway is founded in July 2008 by Lim Boon Hong and it’s based in Singapore. They are selling 3 health-related products at the moment. Purtier Placenta is their flagship product. There are many things you need to consider before joining Riway and in this post.
Is Riway Legit Or Scam? Legit
Is Riway Recommended? No
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One Important Thing I Noticed On Some Review Posts
Costly cars, holiday destinations, homes, luxuries lifestyle, etc are shown in many posts and videos that promote Riway. Also, many unproven claims are made on Riway products.
I appreciate your time and effort in doing your research on Riway. This shows that you are a smart person. However, while you base your decision based on the reviews you need to bear in mind that not all the reviews are genuine and many are biased.
So you need to be very careful while making your decision. I am in no way associated with Riway and I am not trying to sell Riway products to you or trying to make you join in Riway.
Frequently Asked Questions – FAQ
Below you can find some frequently asked questions for your quick reference…
What is Riway all about?
- Riway is founded in July 2008 by Lim Boon Hong and it’s based in Singapore. They are selling 3 health-related products at the moment. Purtier Placenta is their flagship product. There are many things you need to consider before joining Riway and in this post.
How Much Riway Cost?
- $375 – $2450
Is Riway A Scam?
Is It Possible To Make Money By Joining Riway?
- Yes, if you are an experienced network marketer.
Is Riway A Pyramid Scheme?
Does Riway Products Works?
- It depends on individual usage.
Are Riway Products Approved By FDA?
- No, they got a warning from the FDA.
Is Riway Accredited By BBB?
- I don’t think so.
Are You Recommending Riway?
What’s Your Top Recommendation To Make Money Online?
- You can read my top recommendation below.
If you are tired of scams & products that under-delivers. My free guide will be a greater help. I know this because the same process helped me to become my own boss.
Below you can find some promising statements from Riway.
- The Greatest Business Opportunity Of The Century.
- Health is wealth: Help others get their health back. Build a sustainable & Profitable Business.
- Excellent product exceptional system.
Let’s see if Riway can help us to do that.
What Is Riway?
Riway is the short form of Right Way, showing you the right way. Although Riway has the appearance and business model of an MLM (multi-level-marketing) since they are based in Singapore I am a bit confused (I read that in Singapore MLM business model is banned).
However, if that’s the case the Singapore Government would have banned it but they are in the market for 11+ years (July 2008).
Riway claims to provide health-related products. They talk about Anti-Ageing, Deer Purtier Deer Placenta Live Stem Cell Therapy, etc. Purtier Placenta is their flagship product.
What Are The Products Offered By Riway?
They only have 3 products previously they had only two products recently added Conscientious Face Mask
- Purtier Placenta – PURTIER Placenta 6th Edition is the answer to defying age and embracing our youth – $300+
- Conscientious Essence Spray – DISCOVER THE ELUSIVE
Elixir for the Skin
- Conscientious Face Mask
Does Riway Products Works?
It depends, there are people who are claiming it cured their disease and there are people who are complaining it did nothing.
How Much It Will Cost To Join Riway?
Below are the membership breakdown.
- Silver – $375
- Gold – $755
- Platinum – $1425
- Diamond – $2450
Quite expensive, right?
Riway Compensation Plan
There is no much information about their compensation plan on their website. After some research, I found the below information.
They are using a Binary compensation plan. To earn more commission you need to be on their higher package.
They have 3 types of bonuses…
- Referral Bonus
- Development Bonus
- Matching Bonus
Who Is Riway For?
Experienced Network Marketers who can sell expensive products. You can recruit new members consistently, market Riway products and train members how to do the same
How Can I Make Money With Riway?
You can make money in two ways…
1. By selling their products.
2. By recruiting members and by building your team.
Is Riway Accredited By Better Business Bureau?
No. Based on my research they are not accredited by BBB.
Are Riway Products Approved By Food And Drug Administration?
No. Actually, they got a warning from FDA against the unapproved and misleading advertisements and promotions (more on this later).
Pro’s and Con’s
→ 10+ Years In The Market
→ Success Rate Is Very Low With Their Business Model
→ Products Are Expensive & Selling It Is Not easy
→ No Income Disclosure Statement
→ To Make More Money You Need To Recruit More People
→ No Adequate Information About Their Compensation Plan On Their Website
Is Riway A Pyramid Scheme?
No, they do have 3 products at the moment.
Is Riway A Scam?
Although there are many red flags I think it’s not a scam. However, I don’t recommend it for the below reasons.
Reason 1 – Low Success Rate Of Their Business Model
Although Riway is in the business for 10+ years my concern is on its business model. Many stats and studies state that a lot of people lose money with the MLM business model. MLM? Most likely their business model is like an MLM.
The success rate is very low with the MLM business model. On average less than 10% make some reasonable amount. That’s the reason I am not a fan of MLM business model (I have tried many MLM businesses in the past).
For more information, you can read my post “Network Marketing vs Affiliate Marketing – Pros And Cons“.
I am not saying you cannot make money with Riway but it’s going to be very very challenging and only a few people succeed with this business model. In order to succeed you need to be an experienced network marketer.
Reason 2 – No Income Disclosure Statement
Since can’t find their income disclosure statement which will state the actual number of people making money with them and how many people are losing money.
Unfortunately, there is no information available.
Reason 3 – FTC Warning
As I mentioned above they are warned by the FDA for misleading advertisements and promotions.
For more information, you can click HERE.
Reason 4 – HSA Warning
The Health Sciences Authority (HSA) has also warned riway. For more information, click HERE. Also, I read that some countries are banning their products.
Reason 5 – Expensive Products
Their [products are quite expensive and it’s really going to be very challenging to sell them. Also, the same kind of products is available at a cheaper price.
What do you think when you can find similar products at a lot cheaper price? What do you think about the people who are promoting it at a higher price?
Since the products are quite expensive you need to recruit more people to your team to make money.
Thanks for reading my review post!
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