Invado International Review
Invado International Review
Invado International, which used to be called "Utility Choice International" or UCI, is an MLM that markets travel discounts, energy (in deregulated markets), and an online group buying site called Referdia, which uses social networking to offer discounts on products and services.
Invado's website says that Referdia "helps consumers save over 50% on deals from local businesses." Referdia is free to consumers, and businesses only pay when a sale is made. When Invado reps refer others to Referdia, they get paid on their purchases. Invado's "Opportunity Video" says that the company will cross-market its other products via Referdia. (Speaking of the opportunity video, it's one of the cheesiest and uninformative things I've ever forced myself to sit through, with an annoying female voice liberally using phrases like "residual income" and "the choice is yours").
I was unable to find rates for Invado's utility option, and it's a bit of a red flag for me when you can't get basic information from a company's website without filling out an enrollment form. Other MLMs offering energy products have clearly stated rates on their websites for you to compare before you make a decision to switch.
Invado's Vacation Club costs $219, which the company claims members typically save with their first trip. I haven't joined myself, nor do I know anyone who has, so I can't say whether that is true or not. The Vacation Club offers savings on weekly stays at resorts and condos, destination vacations, and an online booking engine. I suppose Vacation Club could be considered a good deal by someone who does a lot of traveling for pleasure and doesn't want to spend their time searching for deals on the internet.
Interested in becoming an Invado rep? You'll have to shell out $499. From the limited information on the company's website, I gathered that for your $499 you receive nothing except the ability to refer others. I'm pretty sure that's a huge red flag for regulators. They don't like it when reps have to pay a lot of money just to sell for a company.
Since there's no compensation plan information on the company website, I have no idea how many people you'd have to refer to make back your initial investment, but I'd be willing to bet it's a lot. I was able to find limited information elsewhere about the compensation plan. Invado Representatives are paid a percentage on the sales of products and services that they and their team refer. The Invado International compensation plan has 5 increasing commission levels.
To wrap up this Invado International review, I would steer clear of this company unless you have an extra $500 you want to gamble with. They don't have unique products. There are already other companies doing the same thing as Referdia. Their energy option is available through other, more transparent companies, and there are travel discounts available all over the internet. They clearly didn't consult an attorney before putting together their website or opportunity video. The FTC is all over MLMs that promise "residual income", etc. The company website doesn't have any real information about their rates, compensation plan, or anything else that a potential rep would presumably want to know - it's a bunch of b.s. Also, I found it telling that if you Google Invado International, two of the top three search terms that come up are "Invado International Pyramid" and "Invado International Scam."