Farmasi launched in the US in 2019, however the company’s roots date back to the 1950s.
Farmasi’s founder, Dr. C. Tuna, launched a pharmaceutical company on or around 1950.
At some point Tuna switched to cosmetics, with Farmasi launched as an MLM company in Turkey in 2010.
Dr. C. Tuna passed away in 2017. As of September 2020, Sinan Tuna (right) was appointed CEO of Farmasi in North America.
As per a September 22nd press-release;
Tuna has gained expertise working in various departments at Farmasi where he has been a Board member since 2019.
Sinan Tuna’s grandfather, the late Dr. Cevdet Tuna, was the founder of one of the Republic of Turkey’s first pharmacies.
Sinan continues his grandfather’s legacy as the third generation to lead the Farmasi business.
No executive details for Farmasi Turkey are provided on the company’s English-language website.
In addition to the US, Farmasi claims to operate its MLM opportunity in twenty-four countries.
Read on for a full review of Farmasi’s MLM opportunity.
Farmasi’s Products
Farmasi markets a wide range of personal care products, manufactured in-house in Turkey.
We have one of the largest integrated cosmetics manufacturing plants in the world which is located in Istanbul, Turkey in an ecological environment.
Integrated manufacturing means that we not only produce the bulk product, but also product most of our own packaging in-house, and we obtain our waters from the wells located within our facilities.
Up to date, we have formulated thousands of products, launched more than 2.000 products, and shipped our products to over 125 countries all around the world.
Farmasi’s website doesn’t quite detail two thousands products but there’s a lot on offer.
Farmasi’s marketed product categories include;
hair care
foot care
oral care
baby care
sun care
lip care
skin care
intimate care (women’s hygiene)
make up (body, lips, face, eyes and nails)
Mr Wipes household cleaning products (this was a 2014 brand addition)
fragrances
Farmasi products can either be purchased individually or in bundled sets.
A full product catalog with retail pricing is provided on Farmasi’s website.
Farmasi’s Compensation Plan
Farmasi’s compensation plan is complicated by the fact the company fails to provide properly rank qualification and Leadership Bonus details.
I’ve done my best to break down Farmasi’s compensation plan below, based on their official compensation documentation.
Farmasi Affiliate Ranks
Bear with me because trying to decipher Farmasi’s affiliate qualification ranks is a nightmare.
There are eighteen affiliate ranks within Farmasi’s compensation plan.
Along with their respective qualification criteria, they are as follows:
Manager – qualification criteria not provided
Director – generate $1500 in monthly side points
Silver Manager and Director – maintain 1 ARM and maintain $1500 in monthly side points
Gold Manager and Director generate 2 ARMs and generate $2500 in monthly side points
Plat
🤖 Quick Answer
What is Farmasi's corporate history and founding background?Farmasi originated from a pharmaceutical company founded by Dr. Cevdet Tuna around 1950. The company later transitioned to cosmetics, launching as an MLM operation in Turkey in 2010. Following Dr. Tuna's death in 2017, his grandson Sinan Tuna became CEO of Farmasi's North American operations in September 2020, continuing the family legacy into its third generation.
When did Farmasi enter the United States market?
Farmasi officially launched its operations in the United States in 2019. This expansion marked the company's entry into the North American market, building upon its established presence in Turkey and other international regions where it had previously operated its multi-level marketing business model.
Who currently leads Farmasi in North America?
Sinan Tuna was appointed Chief Executive Officer
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