Royal Prestige is a name that is known in most households for its range of stainless steel cookware. Although the company has been in existence since 1959 very little information is actually given about them anywhere on the internet. It was founded by the Hy Cite Corporation which is based in Madison WI and is reported to have around 385 employees with annual sales of about $15.8 million. It's range of products not only includes stainless steel cookware but china, glassware and water filtration and distillation products.
The company offers a multi level marketing opportunity for distributors to sell their products and recruit other distributors, but the actual compensation plan seems to be a closely guarded secret. Would be distributors have to initially download a form to send off to the company before they receive any information regarding the plan. What is even stranger, however, is that Royal Prestige go to great lengths to detail the benefits of a health insurance plan which they offer their distributors. Also there are no prices for the products to be found on their website which again seems a little odd if they are trying to attract distributors to join the company.
Royal Prestige are without doubt a reputable company and certainly have longevity on their side, so they must be doing something right. Their innovative and technological stainless steel cookware is certainly a well known and respected product that is sold worldwide, so it cannot be a scam. Whether or not there is money to made can only be guessed at since I don't have access to their compensation plan. Selling the product should not be a problem. However, what I will say is that like any other MLM business, it is not just about getting a few sales, but rather bringing in new people to the business and motivating them to sell. So no matter how good your sales skills are, unless your marketing and leadership skills are top notch, you are going to struggle to make money.
Source by Dane Tanodra
