Many network marketing based savings and rewards programs have been launched over the years. Among many, Nexus Rewards has taken the opportunity and is growing. However, many are wondering how legitimate the Nexus Snap program is. There are also concerns about many other aspects of the program. This review will walk you through every important detail about Nexus Rewards and the potential benefits of being a customer or distributor with the company.
What is Nexus Rewards?
Nexus Rewards is a network marketing company that offers “potential savings” on “everyday purchases.” How this is even possible is doubtful and unclear. However, members and customers claim they can save a few cents to a few dollars on purchases they make on a regular basis. However, with the cost of joining, the question is will you save enough to cover the cost of joining?
They recently relaunched and renamed their flagship program Nexus Snap.
How does it work?
It is not clear how their program works or works. There is little to no explanation on their website or marketing materials explaining how they are able to “offer everyday savings” to their customers. After reviewing many network marketing companies and claims over the years, this is troubling.
It goes without saying that they can save you money on gas, restaurants, groceries, and more. If their claims are true, there are plenty of other free ways you can save money in all these places without spending a monthly fee.
Pricing & Cost
Nexus offers a one-time setup fee of $40 and a monthly subscription fee of $9.95 to become a Premium Member. Premium Members enjoy benefits such as discounts, savings and cashback both on and offline purchases. They also have the opportunity to participate in the Profitable Referral Rewards Program.
You could likewise join Sam’s Club or some other regular “bulk grocery program.” Or sign up for free discount gas card savings programs at almost any gas station, grocery store, etc.
Characteristics
Nexus Rewards offers a simple way to save money on your regular purchases. From buying gas to groceries, eating out, travel, improvements, buying clothes and more, the program covers a wide range of spending categories. Whether you shop online or in person, Nexus Rewards allows you to potentially earn cash back.
Exactly how this works is not clear. It is not certain whether it is true or not and whether it applies to global brands and everyday markets.
Compensation Program & Affiliate Program
The Nexus Rewards compensation program is complex and involves a variety of different factors. The following is a brief description of the compensation plan and its structure. Keep in mind that usually simpler compensation plans reward affiliates or network marketers more.
When you refer someone to Nexus and they decide to join, sign up for the affordable $49.95 fee, you’re rewarded with a one-time $25 commission, paid to you the following week. Which is only 1 time 50% commission.
If these referrals go on to bring in new members themselves, both you and they get bonus commissions.
There are also the “Leadership Infinity Committees”. With Nexus, your earning potential extends far beyond the initial 10 levels. As your team grows and you reach higher leadership levels within the organization, you qualify to earn additional “infinite commissions.” These commissions start paying you at a level and continue indefinitely unless someone in your network reaches the same level or higher. So that means it’s technically not infinite if someone ever overtakes you.
Nexus also offers weekly Quick Start Rewards based on your level and the number of personal sponsors you have. As you progress through the ranks, you unlock even more earning potential. For example, achieving Pro status not only qualifies you for dynamic squeeze commissions, but also unlocks additional earning opportunities on your second and third levels.
Nexus rewards also offer Matrix supplies. Once you join Nexus, you are placed in the highest available position in their profitable 3×10 Matrix. This matrix structure allows you to earn commissions based on the activity of everyone in your matrix, up to 10 levels deep.
The Nexus compensation program also includes Matrix Check Match. This bonus gives you a matching percentage of the matrix commissions of everyone you sign up, giving you additional passive income streams. And as you move up the ranks, your match rate increases, allowing you to earn even more from your team’s efforts.
In summary, Nexus offers a varied and complex compensation plan for affiliates and network marketers. There are better and simpler compensation plans, however, for other alternatives to Nexus that should be considered.
Alternatives
There are 2 main alternatives to Nexus Rewards that we recommend you join. They are more clear about their products and services while offering higher compensation plans.
GreatLife around the world
If you’re looking for upfront products, a clear and concise compensation plan, and want to join a fast-growing company, consider checking out GreatLife Worldwide. You’ll find that Great Life Worldwide is a new company focused on improving customer lifestyles through health, wellness, financial media and more.
Their training, back office, training, webinars, products and more – all meet the highest standards of any network marketing business we’ve seen.
GotBackup
If you want to choose an alternative that is quite simple and substantial, you will find that GotBackup is a network marketing company with high performance and quality products that you can also consider. They pay up to 200% commissions on the first month of anyone you refer as a customer and they both have completely different affiliate .vs. customer support desks.
We are close friends with the owner and have great respect for the companies he has built over the years.
FAQs
Who is the founder of Nexus Rewards?
The 2 founders of Nexus are the Phelps brothers. Both Art Phelps and Rob Phelps have been involved in network marketing for over 30+ years and decided to start their own network marketing company. Both brothers are moral and good people.
What’s Included in the Subscription?
Here’s a list of what’s included with your Nexus subscription…
- Back office members only
- Savings program
- Earnings potential as an affiliate
Do they have an app?
Yes, Nexus Rewards has an app that you can use to track purchases and “savings” on products or services you’ve purchased.
How is their customer service?
Their customer service is pretty good from the research we have done on their customer interactions and feedback.
Final thoughts on the Nexus Rewards business opportunity
After thoroughly researching learning more about the business opportunities and products presented by Nexus Rewards, we find that there are better alternatives. When deciding which network marketing company or products to buy, it is important to know exactly how the company itself works and how the products work. We didn’t find any clarity on how someone using their service can “save on a daily purchase” when it’s not clearly defined.
We suggest you find other alternatives. Thank you so much for reading this full review.
With our friendly regards,
Jon Weberg
Richard Wemberg
