Is LifeVantage a Pyramid Scheme? Will It Change Your Life?
Welcome To My LifeVantage Review!
Did some of your friends introduce you for Lifevantage? Or did you see their advertisement on ABC’s PrimeTime show? Maybe you are just looking for ways to make a living from home?
In this article you’ll find answers to all your questions, “Is Lifevantage a Pyramid Scheme? How does Lifevantage work? Would it be easy to succeed?”
My team member made a research of Lifevantage and I have added my own notes. I believe you’ll find our article useful and it will help you to decide whether or not to join to Lifevantage.
Notice that I am not affiliated with their system in any way and I don’t receive any money for writing this article. I’ve gathered the facts just for your information.
LifeVantage Review - Quick Summary
President and CEO: Darren Jensen. (The Company Is Listed in NASDAQ.)
Type: Multi-Level Marketing Company (MLM)
Summary: LifeVantage is just another MLM-program selling expensive nutritional supplements. It’s possible to make big money with this kind of systems because products have so big profits but I am not a fan of selling overpriced MLM-products.
I prefer selling products that provide the best value for the client. If you follow the training in my #1 recommendation for earning a living online, you can promote whatever products you want to earn money.
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Updated LifeVantage Video Review - Secrets Revealed!
In order to provide you the best and the most comprehensive answers regarding LifeVantage, I also created you a comprehensive LifeVantage video review that you can watch below.
I show you a SHOCKING truth of how small percentage of the LifeVantage distributors really make any significant money.
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What is LifeVantage?
For anyone unfamiliar with it, LifeVantage is a publicly listed network marketing business that has been operational since 2003.
The business is run by the president, Mr. Darren Jensen. He has over 25 years of global network marketing as well as direct selling experience at selling a variety of product types such as nutritional supplements and personal care products for various companies.
Initially, Lifevantage sold its products primarily through retail channels but they switched to network marketing back in 2005. Since the transition, the business is one among one of the leading multi-level marketing company at the nutraceutical industry.
LifeVantage manufactures products that focus on healthy living and the reduction of oxidative stress. Simply put, Lifevantage helps individuals achieve healthier living.
They claim that their supplements are rooted in science and they only produce validated products. Is this true though? Here, we shall take an in-depth look into LifeVantage as well as their products.
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LifeVantage Products – Nutritional Supplements to Boost Your Health
Lifeventure has an array of goods including AXIO, PhysIQ, TrueScience, Protandim and Canine Health. Their most favorite merchandise is their anti-aging formula called Protandim. Let’s have a closer look at their products and their potential effects.
AXIO – AXIo is an energy drink that is designed to improve not only the bodily but mental vigor levels. It’s suggested that user only guzzle this swig between meals to maintain physical energy as well as your overall well-being.
PhysIQ – PhyIQ is a weight loss product that is said to make anyone who consumes it healthier. The supplement has a total of four different products including a protein shake, fat burn supplements, cleanse and probiotic supplements.
TrueScience – If you are looking for a revolutionary skincare inclusive of proven ingredients, then TrueScience is what you need to buy apparently.
TrueScience includes a facial cleanser, perfection lotion, eye serum, micro lift serum as well as an anti-aging cream. LifeVantage claims that TrueScience offers instant results as a regularly used anti-agent.
Protandim – Here is an anti-aging dietary enhancement that will reduce oxidative stress and support the manufacture of mitochondria, which is said to fight the effects of aging.
Protandium is meant to help accelerate invention of various normal antioxidant enzymes in our system such as catalase, glutathione and many others – these enzymes help increase health at a cellular level.
Canine Health – Canine Health is a supplement that is specially designed for dogs and meant to be taken daily. It comes inclusive of omega 3 fatty acids, NrF2 activating ingredients, and collagen that help reduce cellular stress on canines and help solve most problems associated with healthy aging in dogs.
Some of these problems include sleep disturbances, decreased mobility, loss of in-house training as well as reduced social interaction.
Canine Health is also said to support normal joint function, flexibility, cognitive function, eye function, mobility as well as skin and brain function within dogs.
All in all, products are supposed to improve dramatically your (and even dog’s) health. Notice that product descriptions are created by LifeVantage team and I don’t take any responsibility whether their products work or not.
LifeVenture Pricing – Looks Quite Expensive
Life Venture products are priced as follows. These prices are for one bottle of supplements.
- TrueScience: $211 for the whole set ($160 for preferred customers). Please note that the merchandise included is also available for individual purchase.
- Protandim: $50 ($40 for preferred customers)
- Canine Health $30 ($25 for preferred customers)
Any distributor will receive a reduced price for agreeing to receive their automated monthly shipments of their chosen products.
In my opinion, products aren’t very cheap because one bottle will be consumed fairly quickly. Then you (or your clients) need to buy another one. So yearly cost for using LifeVenture products will be quite high.
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How Much Does It Cost to Join This Program?
LifeVantage provides compensation to independent distributors who sell their products. You may have perhaps stumbled onto the clip about LifeVenture on ABC’s PrimeTime show, or perhaps you have been approached by someone who is already a distributor and as a result, you are interested in learning more.
LifeVantage allows their distributors to profit from sales of the products. It is said that the Lifeventure has over 67,000 independent dealers as of the date and the numbers are still rising.
Individuals are required to make a $100 purchase as an initial payment. The investment will buy you a starter kit and thus make you eligible to earn commissions.
LifeVantage encourages its distributors to buy the $600 package which comes inclusive of a monthly auto-ship which costs anywhere from $110 up to $310. Once you are in, you’ll note that there are two ways that you start earning your commissions.
One way is through selling the products for a retail commission. Here, you’ll get a small percentage of every sale you make. Another way to earn a living with LifeVantage is by promoting their business and signing up new independent distributors. If you wish to receive more, an individual is allowed to use both these methods simultaneously.
In addition to your commission, Lifeventure also offers a variety of bonuses for reached target goals. These bonuses are paid on a weekly and monthly basis. They include platinum pool, fast start bonus pool, fast start bonus, elite pool, royalty commission and generation matching gifts.
Despite their bonuses and commissions, more than 95% of their distributors fail. I have explained some reasons for my other reviews of MLM-programs. I will also show you real earnings of Lifevantage distributors later in this article.
LifeVentures also offers a business training known as Master Track to all distributors. This program entails weekly audio training programs, training course, conference calls, annual global conventions, training manuals, personal mentorship, business systems as well as various incentives and promotions.
LifeVentures Compensation Plan
Do watch the following vide for a comprehensive explanation of LifeVenture compensation plan.
The video above filmed and explained by Mr. Shawn Poe throws down all the facts about Oxidative Stress and nutrigenomics and where your LifeVenture commission will take you with your earnings. He explains how you can maximize on your charge based on your personal sales as well as how many people have signed up based on your link.
He goes on to explain how much you will be able to earn based on personal orders as well as roll with options that come into business based on your reference. He will guide you on commissions earned per person, etc.
Is it really so easy to succeed like this guy wants us to believe?
Let’s have a look at their most recent Earnings claims statement:
The chart shows us that only less than a few percent of all distributors are able to earn a full-time income. I think that the real percentage is close to 1% but they don’t show exact percentages in this chart.
In the bottom line “Executive Master Pro 10” there are only around 20 people. That’s less than 0,0003% of all distributors. That’s why I think that the chart is a bit misleading.
The rows that you can see on the bottom of this image, of course, interesting but the fact is that +90% hardly make any profit with this system.
They just spend money on LifeVantage products and those who are on the top of the pyramid collect the fruits.
On the other hand, the chart also tells us that it’s possible to earn big money with this kind of systems. If you work hard and persistently, you will eventually move up in the pyramid and reach a big income.
LifeVantage Reviews & Complaints
Previous sellers have attested that they do receive their weekly and monthly payments anytime they make a sale. They also receive bonuses as promised and thus far, nothing seems alarming about LifeVenture. LifeVenture is offering a way for all users to earn money in more than one way. However, succeeding with this kind of programs is anything but easy.
Have a look at customer reviews for LifeVantage.
Those people who gave it 1 star usually explained that these products really don’t work and the effect is only based on placebo effect. Some of them were frustrated that they lost lots of money in this system.
A common complaint with systems like Lifevantage, Herbalife, Amway or other MLMs is that their products are just overpriced. It seems that these brands are selling also the feeling and the whole lifestyle behind the product and not just single items.
Conclusion – Is Lifevantage a Scam?
Based on our research Lifevantage is not a scam. They have real products so obviously, it isn’t a pyramid scheme. On the other hand, I would recommend thinking twice before joining any system like this one.
First of all, you need to be able to dedicate lots of time to the system if you really want to succeed. If you think that you only have a few extra hours per week, then it’s better to skip this opportunity.
Another important thing is that you need to be convinced that their products are great before you can succeed with them. If you are really interested in the system, it’s better than you already have experience of their products and their effect.
Personally, I am not a big fan of MLM-systems because their products are usually overpriced and there’s lots of false advertising. They advertise the feeling that everybody will succeed even though the reality is very different.
Imagine a MLM-convention of 10,000 people. Only 100-300 of participants are making a full-time income with the system and others are still on their way. And of course, those 100-300 participants are the only ones that can walk on the stage.
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What do you think about Lifevantage?
What is your experience with other MLM-systems?
Let me know in the comments below!
If you have any questions, just leave a comment below and I will be more than happy to help you out.