Welcome to my third party unbiased Kynect Review!
There has been some buzz online about “Kynect” over the years and so I decided to write an MLM Company Review about their business opportunity & products to help you make an informed decision.
If you’re interested in network marketing and are on the lookout for opportunities beyond traditional health and wellness products, you might have come across Kynect, formerly known as Stream Energy.
This company operates in the energy services sector, providing unique business opportunities through network marketing.
In this review, we’ll dive into the background of Kynect, its product offerings, and the compensation plan to help you decide if Kynect is the right opportunity for you.
Kynect Company
Kynect was founded in 2005 by Rob Snyder and Pierre Koshakji under the name Stream Energy.
The company was initially established to leverage the deregulation of the energy market in Texas, allowing consumers to choose their energy provider.
Stream Energy quickly expanded, using a direct selling model to promote its services.
In 2019, the network marketing arm was rebranded as Kynect, separating it from the energy provider to better highlight the business opportunity. The company’s headquarters are located in Dallas, Texas.
Kynect Products & Services
Kynect primarily offers services rather than physical products, focusing on essential services that consumers use daily. Here’s a breakdown of what they provide:
Energy Services: Kynect offers electricity and natural gas services in deregulated markets across the United States. These services are often bundled with competitive rates and special promotions, appealing to both residential and commercial customers.
Mobile Services: Through partnerships with major mobile carriers, Kynect provides discounted mobile phone plans and devices. This allows customers to save on their monthly mobile expenses while staying connected.
Protective Services: Kynect also offers identity protection services to help safeguard customers’ personal information. These services include monitoring, alerts, and recovery assistance in case of identity theft.
Home Services: Additional offerings include home security systems and smart home technology, providing peace of mind and convenience for homeowners.
Kynect’s services are designed to meet essential needs, making them easier to market to a broad audience.
Kynect Business Opportunity
Kynect’s compensation plan is designed to reward both customer acquisition and team building. Here’s an overview of how you can earn:
Customer Bonuses: Independent Associates earn bonuses for every new customer they enroll. These bonuses can vary depending on the type of service and the customer’s energy usage.
Residual Income: Associates earn monthly residual income based on the energy usage of their enrolled customers. This provides a steady stream of income as long as the customers remain with Kynect.
Team Bonuses: Kynect operates on a binary compensation plan, meaning Associates can build two teams (or legs). Bonuses are paid based on the sales volume of the lesser-performing leg, encouraging balanced team growth.
Leadership Bonuses: Higher-ranking Associates can earn additional bonuses for developing and leading successful teams. These bonuses are designed to incentivize mentorship and support within the organization.
Incentive Trips and Rewards: Kynect frequently offers incentive trips, bonuses, and other rewards for top performers. These incentives provide additional motivation for Associates to excel in their business.
Cost to Join Kynect
Joining Kynect as an Independent Associate typically requires purchasing a Business Starter Kit, which costs around $99. This kit includes training materials, marketing tools, and access to the Kynect Associate Portal, where you can manage your business and track your earnings.
Conclusion: Is Kynect A Legit Business Opportunity or Is It a Scam?
So is Kynect a scam?
Well unlike other Kynect reviews I am not just going to call it a scam just because it’s an MLM or just to try to make some other income or business opportunity look better.
Kynect offers a unique opportunity in the network marketing industry by focusing on essential services like energy, mobile, and home security. The company’s commitment to competitive rates, quality services, and robust support for its Associates makes it an attractive option for those looking to build a business in the energy sector.
If you’re passionate about providing essential services and are looking for a network marketing opportunity that offers both financial and personal growth, Kynect could be the right choice for you.
I personally don’t think this is a scam based on my research, in my personal opinion. The company has an established headquarters, they sell real products that people seem to enjoy and they actually pay their sales reps/affiliates. So all-in-all I think it’s legit
If you’re interested in becoming a distributor for Kynect, it’s important to carefully consider the compensation plan and your ability to sell and recruit new distributors. With the right strategy and hard work, however, Kynect can be a great opportunity to build a successful business and help others.
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anyways, I hope you enjoyed my Kynect review and if you have any questions feel free to ask. See my contact info below…
Email: simpleonlinemoneymethods@gmail.com
Facebook – facebook.com/rickwilliamz
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