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Understanding LifeVantage: Can You Really Make Money With LifeVantage?
was founded in 2003, LifeVantage is a multi-level marketing company that provides products to the health and beauty industry. Additionally, they offer a business or income opportunity for those interested in making money marketing their business or their products. What some of their products are and what the details of their business opportunity are, as well as how much it costs to get started right away, are all questions that will be answered within this review.
- Aksio – This dietary supplement comes in two different forms, regular and decaffeinated, and is designed to boost energy, sharpen focus and reduce stress.
- TrueScience – This is more about the 8 items they offer such as Corrective Eye Serum, Anti-Aging Cream, Perfection Lotion and many more. However, the main purpose of all these products is to provide skin care, reverse the aging process and cleanse the skin without stripping it of natural oils, as well as many other benefits.
- Protandime NRF2 – Dietary supplements come 30 Caplets Designed to reduce cellular stress levels by an average of 40%, help regulate survival genes and provide protein to the body.
The question still remains; Can you really make money with a LifeVantage business or income opportunity? To answer this question, we need to look at their compensation plan! Most companies in this industry offer several payouts and differentiate between ranks or levels. However, this will only be a brief understanding of how the company pays their members.
- Quick start bonus – Simply put, you can earn up to 40% commission on the personal purchases of members you personally sign up to your business within the first calendar month.
- Royalty commission – This payment is residual, which is always a good sign if you are considering joining this company. You can earn up to 43% monthly based on your sales volume based on the first 9 levels of your organization. It just means it’s up to 43%. If you’re on the first level, you probably won’t get the full percentage, but you’ll still get that residual income.
- Elite pool – I have been in this industry for quite some time now and when I see a company that offers an elite pool, I get very excited. This payoff is where the serious level of income really comes in. However, it’s hard to qualify for this pay if you don’t know what you’re doing in terms of business growth. This payout is made monthly and is 1% of the entire company’s commission volume. If you understand how much companies in this industry make monthly and annually, you’ll understand why that 1% is endless work. That’s a huge payoff!
In conclusion, yes, you can make money with the LifeVantage business opportunity!
To get started with LifeVantage, you’ll need to purchase some type of starter package or products. Once you’ve essentially launched your own business, you’ll need to spend some time getting paid. However, once you make the required payment and get the required resources, you can start making money right away! There are a total of 7 kits that a LifeVantage member or distributor can choose from. I’m going to explain just 3 of them, going from cheapest to most expensive.
- Initial equipment – $50.00. This is the starter kit and is the cheapest kit currently being offered. All it includes is a compensation plan brochure, a plan brochure, a corporate brochure and an opportunity to engage them in business opportunities. Therefore, this is definitely not the best way to go if you are interested in joining and achieving massive and rapid growth.
- Master Vantage Pack – $600.00. This is sort of the middle ground of the kits they offer in terms of price and contains enough to get your business started right away and start seeing growth in the next week. Some of the items included in it are PhysIQ Cleanse, 5 Protandims, TrueScience Anti-Aging Cream, and everything else included in the starter kit.
- Platinum Package – $1,200.00. This is the most expensive kit they offer and some of the items are PhysIQ Protein, PhysIQ Cleanse, Axio Decaf Red Raspberry, everything included in the starter kit and much more!
Items or products do not have much originality. However, it’s quite a challenge to be original or unique these days, so this isn’t really a negative towards the company or what they offer. LifeVantage was founded in 2003 and has a pretty decent sized product line that shows growth and expansion which they often do. You never want to join a company that will be the exact same company in 10 years.
The opportunity looks very profitable and attractive. It consists of a total of 6 different fees and some of them also offer residual income. Any company that offers residual income should definitely be looked at twice. Also, the payments they offer are quite attractive. For example, the fast start bonus offers 40% commission, which is very high in this industry. However, it’s only available to members who sign up personally in their first calendar month, which isn’t as long as I’d like, but still plenty of time to earn some serious rewards.
The cost, even for the highest priced kit, is very affordable. You should understand that you are essentially opening your own business. Therefore, it requires money. However, a traditional business requires somewhere around $5,000 to get halfway through the door. Therefore, on a comparative level, it is really cheap and affordable to start LifeVantage. Also, they offer a total of 7 kits to start with, which is a very good sign. Being able to choose from 7 different sets and make the best decision for your business is great fun.
*Dustin Hale is not affiliated with LifeVantage or their business/earning opportunity!
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