In the Network Marketing Channel, where transparency and financial stability is increasingly valued, network marketing company Tava raises eyebrows as vendors seems to be not getting paid for months, and rumours are surfacing about a possible asset transfer to an other MLM company.
In 2022, Tava, a US-based company headed by CEO, Kenny Lloyd, maintained its revenue at $3 million from the previous year, indicating no growth in terms of revenue. According to the available data, an estimated $1 million worth of commission could have been disbursed that year, with the company’s compensation plan shown to have paid out 35%.
Checking out Tava’s social media channels we noticed low number of likes and views, such as on Tava’s Instagram and Tava’s Facebook. Unfortunately, the company’s performance does not seem to be transparent, with significant information from regular press releases lacking and very scant data on top earners.
According to the Business for Home ratings, Tava was given a grade of B, with the justification being that not enough information on the company was available, as financial instability reported.
Tava ranks 178th in terms of momentum among more than 800 worldwide network marketing companies listed in the BFH database, while its global ranking according to Similarweb