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FAQs

Frequently Asked Questions

 

What are the products?

MiVeda produces a range of over 30 health & wellness and personal care products.

Our products include ranges in: hair care, skin care, personal care, dental care and nutritional supplements.

MiVeda's products are certified natural and organic (and at the right price) and therefore they do not contain any potentially harmful ingredients - they are safe for you and your whole family to use (and this is certified by an independent party – ACO certified to COSMOS standards).

BUT at the same time, MiVeda products are also very effective - i.e. they work amazingly well! We think our products are so good, they sell themselves.

What is CV and what is the CV on each product?

Understanding CV (Credit Value) in the MiVeda System

CV stands for Credit Value — it’s the number used to calculate commissions and bonuses in the MiVeda system.

Our goal is to keep things simple and fair by maintaining a 1 CV = $1 ratio within the Commission Plan. In other words, if 100 CV worth of products are purchased in a month, commissions are calculated as if that 100 CV equals $100 — and then distributed according to your qualified level and the relevant commission percentage. Under normal circumstances, MiVeda can pay out up to 50% of total CV as commissions to Members.

CV is based on the cost price of each product — not the Member Price (MP) which includes GST. We don’t pay commissions on GST, so CV is always worked out from the MP excluding GST. That means the CV value will always be a lower than the purchase price shown on your invoice, because that price includes GST.

The CV allocated to each product reflects a balance between many factors:

  • The cost to manufacture the product (this is the primary determinant)
  • The operating costs of running MiVeda (kept as lean as possible)
  • The Member Price, which must remain affordable in a challenging economic climate
  • The Recommended Retail Price (RRP), which must also reflect realistic market expectations

In essence, MiVeda constantly balances manufacturing costs, operational expenses, product affordability, and the capacity to fairly reward Members for referrals through commissions.

Why the CV : $ Ratio Can Vary

While MiVeda aims for a 1 : 1 ratio (1 CV = $1 on MP), higher manufacturing and operational costs — combined with today’s cost-of-living pressures — sometimes make that unsustainable. In such cases, the CV: $ ratio may be adjusted, especially for higher manufacturing cost products that need to stay competitively priced and accessible to everyone.

Our priority is to keep products affordable for Members and customers while still paying the best possible rewards to our Members.

Why do the products sell?

MiVeda customers purchase our products because they understand why MiVeda products should be used in preference to many other commercially available products sold in shops and supermarkets. We would encourage you to fully research the ingredients in our products, and compare these ingredients to those used in the products you may currently be using.

We expect you will discover our products to be of much higher quality and without any potentially harmful ingredients. Essentially, MiVeda's product quality is exceptional and certified as such by ACO to COSMOS standards.

Why are MiVeda’s products so different?

MiVeda's products are a real benefit to the community.  

Our products are different to the general commercial products you might buy in a shop or supermarket. Our products are also different to those sold by many or most of our competitors.

The "MiVeda difference" is based in the formulations and ingredients of the products, i.e. MiVeda products incorporate advanced scientific knowledge and bridge the gap between ageless human needs and the benefits of modern science as well as the effectiveness of ancient Veda traditions from many countries.

The key to our products is they have no ingredients that COSMOS standards consider to be undesirable, and our products really work amazingly well.

Should I research MiVeda’s products?

If you research scientific literature, you will begin to understand that almost all commercially produced cosmetic or personal care products (like shampoo, conditioner, toothpaste, skin creams, etc) can have ingredients that can be considered to be irritants or potentially harmful ingredients (e.g. sodium lauryl - or laureth - sulphate, propylene glycol, formalin).

You will also find out why these ingredients, and many others being used in commercially available products, are what we consider to be potentially harmful to humans and can possibly cause long term problems for people who use them. 

MiVeda products do not contain potentially harmful ingredients. We specifically make our products natural and healthy so you and your family can use them safely. To give you absolute assurance this is the case, we have paid a very large amount of money and spent a great deal of time to get ACO certification to COSMOS standards.

How will the products be delivered?

We send our products by freight courier from our warehouse to our customers and Members. 

How does this business work?

Essentially MiVeda is an online e-commerce portal (or "shopping cart"). However we know from over 30 years experience that the best way to develop “Brand Recognition” is by personal referral. So we encourage Members to refer people to the MiVeda website to either purchase the products or set up a business. MiVeda rewards Members who refer to our site by paying monthly payments when these referrals are successful.

How much does it cost to register with MiVeda?

MiVeda does not charge a registration fee. Registration is free. Annual renewal is required but again, renewal is free.

How can this business model work?

Basically MiVeda is a personal referral business. MiVeda pays people who successfully refer people to purchase products Online or who set up a business of their own. To help you understand this model more, you can download a short PDF presentation.

How will you calculate payments?

All payments are calculated via your Member ID number (which is specific to you).

You will also receive an online statement (every month) which gives you the complete details of the payments you have earned that particular month.

MiVeda pays its Members via direct transfer payments to each Member’s bank account (which is why we request bank details from Members when they register).

Why is MiVeda an Online company?

MiVeda feels the online e-commerce portal is the best method to commercially expand our business around Australia and the world in a quick and viable way. However we also know from experience that personal referrals exponentially increase our sales.

It also offers the general population a fabulous chance to set up their own referral business and generate a passive income.

The MiVeda model is the best way to achieve our goals of rapid expansion, excellent products, fantastic service and offering great value for everyone.

Why is MiVeda a "smart" business?

This is a very complex question and the answers are numerous.

Briefly, we allow you to develop "leverage" (by setting up your own business) and therefore this can provide time freedom as well as extra income.