Welcome to my LifeVantage Review!
LifeVantage is a Multi-level Marketing (MLM) company with a mission to help people reach their wellness goals by offering science-based products.
In this LifeVantage Review, I will be examining their company, products, and more importantly, the MLM Business Opportunity that they offer as a LifeVantage Distributor. Does LifeVantage offer a legitimate MLM Business Opportunity, or is this just a scam or pyramid scheme? I intend to answer this very question in my LifeVantage Review.
Company Details & History
Founded in 2003, LifeVantage offers two extremely popular anti-aging products:
- TrueScience Anti-Aging Cream
Backed by cutting-edge science, is formulated to battle the signs of aging from the outside in, leaving your skin more beautiful and evenly-toned.
- Protandim Antioxidant Therapy
Their Flagship Product
Protandim is LifeVantage’s flagship product, and is the catalyst behind their tremendous level of success as a Health and Wellness company. This product is advertised as the only nutritional supplement that is clinically proven to reduce oxidative stress by an average of 40%. This product is formulated to slow down the cell aging process to the level of a 20 year-old.
These products are offered exclusively through LifeVantage’s large network of Distributors who earn compensation as they promote these products among their friends and family members. This will now transition us into my review of the LifeVantage Home Business Opportunity.
MLM Business – Getting started and how it works
I have been following LifeVantage for a few months now, and I wrote my first LifeVantage Review back in September of 2010. At that time, the minimum cost to become a LifeVantage Distributor was $50 for their Starter Kit. However, your earning potential would be severely limited if you did not purchase a Vantage Pack for $600.
Today, I do know that the purchase of their Vantage Pack is still required to enjoy the full benefits of the LifeVantage Compensation Plan. However, LifeVantage no longer discloses the cost of this pack until you begin the enrollment process by entering your personal information. If the cost has changed, you will need to learn more from the Distributor who has introduced you to LifeVantage.
Their Autoship Requirement
Next, you will be highly encouraged to enroll into their monthly Autoship program, which is another requirement to maximize your earning potential within the LifeVantage Compensation Plan. Through this program, LifeVantage products will be shipped to your home every month, and your credit card will be billed accordingly.
Maintaining a monthly Autoship of 100 PV ($100), will qualify you to participate in SOME of the elements of their Pay Plan. Maintaining a monthly Autoship of 200 PV ($200) will qualify you to earn the maximum bonus and commission payouts within the LifeVantage Compensation Plan.
Compensation Overview – How to earn
As a LifeVantage Distributor, you will in time earn income from 6 elements within LifeVantage’s pay plan as you generate personal sales, and recruit new Distributors to do the same.
I will limit the details to this, as I have included a link at the bottom of this LifeVantage Review that will provide you with the exact details of how Distributors are compensated within the LifeVantage Compensation Plan.
Distributor Training & Support
Traditional methods of Network Marketing or Word-of-Mouth are the concepts that LifeVantage trains their Distributors to utilize.
These methods are what I like to refer to as “Warm Marketing.” You will be encouraged to prospect among your friends, family, acquaintances, and associates to sell LifeVantage products. You will recruit those within your warm market who express an interest in the opportunity as a LifeVantage Distributor on your team.
LifeVantage Review Conclusion
In my opinion, LifeVantage is a legitimate MLM Business, and is not a scam. They offer a product that was developed after 40 years of research, recently being featured on ABC, NBC, PBS, and also in “The Wall Street Journal,” LifeVantage has proven that they offer a high-demand product that is experiencing a tremendous increase in momentum and popularity.
Food for thought…
However, where I believe LifeVantage is falling short is in regards to their new Distributor Training. I have never been a fan of the Warm Marketing methods that MLM companies encourage, as I just don’t feel that these old-fashioned techniques are the most effective way to build a long-term and profitable home business in today’s world.
Your success within LifeVantage will be a direct reflection of your ability to market their products, the business opportunity, and more importantly, yourself as a leader. For those who are limited to their small network of friends and family members, they will quickly find this task to be far more difficult than what was portrayed.
Coupled with your ability to truly MARKET your business, LifeVantage offers a solid opportunity with high-quality nutritional products in a booming Health & Wellness industry.
Next, learn the exact details of how you would be compensated as my LifeVantage Review continues with their Compensation Plan!
This concludes my LifeVantage Review! If you have found this LifeVantage Review to be helpful, or if you just have something to add, please provide your feedback below! This will help others in their research efforts!
Category: MLM Company Reviews