Introduction Lyoness, also known as myWorld, is an international shopping community offering cashback and loyalty benefits to its members across the globe. The company operates through a network of merchants and members who benefit from a cashback system on purchases made at partner stores. But is Lyoness worth joining? Here, we provide an unbiased overview of Lyoness, its pros and cons, and real feedback from members to help you decide.
What is Lyoness? Founded in 2003, Lyoness is designed to create value for both consumers and businesses through a simple yet effective cashback system. By making purchases through the Lyoness platform, members earn a percentage of their money back. The company operates in many countries worldwide, including partnerships with major retail brands and smaller local businesses, making it versatile and far-reaching.
How Does Lyoness Work?
Members of Lyoness register on the platform for free and receive access to a network of partnered retailers. By shopping through Lyoness-affiliated stores, both online and offline, members earn cashback on every purchase. The cashback is deposited into their account, which can be redeemed for future purchases. Additionally, members can refer others to earn rewards, which introduces an MLM (multi-level marketing) element to the business model.
Pros of Joining Lyoness
- Cashback and Discounts: Members enjoy direct savings on purchases through cashback. The percentage can vary by retailer, but it’s a primary appeal for many members.
- “I love getting money back on my purchases! It's great to know I’m saving with every transaction,” shares a long-term member in a testimonial.
- Wide Range of Retail Partners: With a variety of partners, including popular global brands, members can shop in categories like travel, fashion, electronics, and grocery.
- Global Community: Lyoness operates in numerous countries, making it accessible for international shoppers who travel or live abroad.
- Potential Earnings Through Referrals: Members can build a network and potentially earn additional income through referrals, an attractive aspect for those interested in MLM-style earning.
Cons of Joining Lyoness
- MLM Structure May Not Suit Everyone: Although the cashback is straightforward, the multi-level marketing model introduces complexities, especially for those not interested in recruitment.
- One user commented, “The MLM aspect isn’t for everyone. I just want to earn cashback without worrying about building a network.”
- Mixed Reviews on Earnings Potential: Some members have voiced concerns over the amount earned through cashback and referral commissions, especially when considering time and effort.
- Regulatory Concerns in Certain Markets: Over the years, Lyoness has faced scrutiny and legal issues in various countries. Some members feel uncertain about its long-term viability due to these controversies.
- Customer Service Issues: While some members report positive experiences, others mention difficulty in resolving issues with customer support.
- “Customer service can be slow,” one member noted. “It took weeks to get a response to my issue, which was frustrating.”
Real Member Feedback Many Lyoness members praise the platform for its convenience and savings potential, especially those who shop frequently at partner stores. The company’s extensive reach across many countries also makes it a popular choice for international shoppers. However, some members find the MLM structure daunting, expressing that they joined solely for cashback and not for the business-building aspect.
One member shared in a YouTube review, “I joined for the cashback but found the network marketing side of things to be too demanding. I would recommend Lyoness to people who shop a lot but would caution anyone looking to make it a full-time income.”
Key Takeaways Lyoness provides a viable cashback system that offers value for frequent shoppers and those who enjoy discounts. However, its MLM component may not suit everyone, and some of its legal controversies raise questions for potential members. Lyoness remains a prominent option in the loyalty program market, particularly for members who prioritize savings and are comfortable navigating the platform’s business model.