2013年2月21日星期四

LifeVantage Opportunity and Business Review - Is This Just Another MLM?

LifeVantage was created in 2003 and is a publicly traded multilevel marketing opportunity based in the health and wellness industry. Their mission statement states that they are "here to enhance life through anti-aging products and creates business opportunities for all people." So what are these products? And, can you truly find the success you are looking for with this opportunity? Let us take a look.LifeVantage was created in the early part of the last near decade and carries two main products with its opportunity. The first is Protandim, this is an antioxidant nutritional supplement that is touted to reduce stress and to slow down the cell aging process to that of an aging 20something year old. TrueSience is the other product offering an anti-aging skin solution that helps to slow the skin wrinkling process as you age.The cost of startup is $50 dollars for the initial kit and will also require a personal order of 100 PV or more which will cost up to an extra $80 plus dollars. The Vantage pack comes at a much higher cost of $600 dollars, but this does offer one or more samples of all products offered through LifeVantage. This business is based in network marketing which will consist of the new member marketing in their warm market with friends and family members to get started. This system is also built on the member recruiting others into their own business opportunity to create an ongoing income and to qualify for additional bonus levels.The compensation plan is based on four bonus levels beginning with the retail sales on the initial startup. To qualify for the retail commission you will need to meet a personal quota of points known as PV (personal volume). To receive compensation commission from your downline your team will need to meet a qualifying point accumulation in sales as well. The levels come with a certain percentage from 5% up to 30% depending upon the PV that was purchased from the downline each week.It is best to complete your due diligence before the outlay of money into any online or offline business opportunity. There is a high attrition rate in the health and wellness industry usually do to the lack of training in marketing. To find success with many multilevel marketing opportunities you will need to learn how to effectively brand yourself quickly as a leader in LifeVantage.

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