Recently I found a company offering you a chance to earn full time income with them, they go by the name of LifeVantage. After I checked out their opportunity it reminded me a lot of those scams you often hear about on the news.
No doubt their opportunity and potential payouts are very attractive, and you might be very tempted to join. Many people have dreams of leaving their full time job and working for themselves at home and making good money from it, could this opportunity be it or is this going to leave you with disappointment?
Is LifeVantage a scam? Are they a pyramid scheme? Let’s find out!
Tired of Scams & Low Quality Opportunities?
Type: MLM (multi-level marketing)
Membership Price: $50 + upsell packages of up to $1,250
What Is LifeVantage?
LifeVantage is a Utah-based MLM (multi-level marketing) company that sells anti-aging health and wellness products. If you’re here looking for a review on their products, sorry but in this review I’m going to be focusing on their business opportunity for people who are interested in creating an income.
This company was founded back in 1988, they’ve went through a few different names such as LifeLine Therapeutics, Lifeline Nutraceuticals, and Yaak River Resources, Inc. before changing it to LifeVantage which is it’s current name.
They used to sell their products through traditional retail, but then changed to a MLM business model where products are mainly sold via independent distributors.
LifeVantage is a health and wellness company and their products mainly focus on getting you healthier as well as looking and feeling younger. Their product line include things like supplements, protein shakes, fat burning pills, body creams, and a lot more.
Here are some examples of their current product line:
- Protandim (Nutritionals) – This is basically a dietary supplement in capsule form that reduce oxidative stress to reduce the effects of aging. Benefits include protection and repair of cells, reverse cellular aging, enhance energy levels, and more.
- TrueScience (Beauty) – Includes shampoos, conditioners, facial cleansers, body lotions, hand creams, and serums. These products are all created with Nrf2 technology.
- PhysIQ (Fitness) – Supplements and delicious shakes that help you burn fat and manage your weight
- AXIO (Energy) – Energy drink mixes that’s specially formulated to increase your focus, concentration, and energy levels. Kind of like coffee, but you won’t get any jitters from the caffeine.
If you’re interested in buying these products you won’t find them in your local health food store like GNC or anywhere else. LifeVantage sells their products exclusively via independent distributors.
The best way to buy their products is by going to their website. When you check out they will ask you to enter the name of your distributor’s ID and name. If you don’t have a distributor they’ll hook you up with one, and someone will contact you. Bottom line is you can’t buy their products without going through a distributor!
If you simply want to make money and not buy their products then you can sign up to BECOME a LifeVantage Independent Distributor and make money by selling and promoting LifeVantage products.
Become a LifeVantage Independent Distributor
If you want to make money you can become a LifeVantage Independent Distributor which basically means you’ll be able to earn commissions by selling and promoting their products as well as recruiting other people to do the same.
What’s attractive about this is that you’re working for yourself as your own boss, you’re not employed by LifeVantage or anyone else. This is a business opportunity where you can make as much money as you want, as long as you have the skills and work ethics to make it happen.
To get started you’ll have to sign up under someone who’s already an Independent Distributor. The application process involves having to pay a $50 fee for the Starter Kit which includes the training materials which will teach you how to get started with your business, you’ll also be given a website to send people to and buy your products from.
Although the $50 fee is the only thing you’re required to pay to officially become a LifeVantage Independent Distributor, you also need to buy products because you can’t promote LifeVantage products simply by talking about them to customers, you’ll need to show these products, give demonstrations, offer samples, etc.
There are a total of 4 different product packages you can buy into to save money:
- Silver ($350) – 20% savings
- Gold Pack ($650) – 25% savings
- Gold Performance Pack ($650) – 25% savings
- Platinum ($1,250) – 30% savings
These product packages come with different samples of products. The more expensive packages come with more products.
When you sell these products to customers at retail price, the difference between what you paid and what you’re charging them is your profit. So for example if you buy the Silver package for $350 and sell every product in the package for $500 at retail price then your profit is $150.
At first that $50 for the starter kit seemed insignificant, but now the startup costs are starting to look a lot more expensive!
That’s not even the end of it. In addition there’s also a minimum monthly order requirement for you to stay active and be eligible to receive commissions. This is called “auto ship” and it’s a very common thing for MLM companies.
LifeVantage Compensation Plan
Once you’ve become a LifeVantage Independent Distributor you’ll find several ways of creating an income. MLM compensation plans is very complicated and hard to understand, so I’ll put it down in laymen’s terms the best I can.
There are two main ways to earn money as a LifeVantage Independent Distributor:
- Selling Products – The most obvious way to make money as a Distributor. You buy LifeVantage products at wholesale price and sell it to customers at retail price, the difference is your profit.
- Recruiting New Distributors – There are many levels of bonuses (Smart Start Bonus, Launch Bonus, Generational Matching Bonus, Elite Bonus Pool, Achievement Bonus) which are all big bucks you can earn for recruiting new Distributors.
This is only the tip of the iceberg, if you want to learn more details see LifeVantage’s Full Compensation Plan Here. Or you can check out the video below which summarizes how it all works.
Video Explaining LifeVantage’s Compensation Plan:
Is LifeVantage a Pyramid Scheme?
Technically no, LifeVantage is a MLM company and not a pyramid scheme. People often confuse the two because they’re very similar things, but the main difference is that with a pyramid scheme the only way to create an income is by recruiting new members, while MLMs have products for you to sell.
Since you can sell anti-aging products with LifeVantage, they are not considered a pyramid scheme. But honestly if you look at the way this company is run, a lot of focus is on recruiting and in my opinion they’re just as bad as pyramid schemes.
How Much Could You Expect To Earn?
Fortunately I was able to dig up LifeVantage’s 2016-2017 Earnings Income Statement which shows exactly how much their Independent Distributors are making monthly and annually. Unfortunately the numbers are discouraging…
Basically in summary what you’ll find in the income statement is that 40% of their distributors are making an average of only $13 per month! While 18% are making slightly more at $78 per month, 9% making $261 per month, 5% are making $580 per month, 2% are making $1,191 per month, and only 1% or less is making more than that.
If you’re not impressed by these numbers then check out my Top Work At Home Recommendation instead where I’ll show you how I personally make $1000+ monthly with a blogging business. Free to start, and no selling or recruiting required!
Is LifeVantage a Scam Or Legit?
LifeVantage is not a scam, they are a legitimate MLM company that’s actually publicly traded on Nasdaq. The problem is that I find that the way they work is too similar to a pyramid scheme where recruiting is the main focus. Most people don’t have the networking skills to recruit successfully and end up either losing money or only making a tiny bit.
In my honest opinion I do not recommend you join LifeVantage, in fact you should just forget about MLMs altogether because most people don’t make money from them.
If you’re looking to create a business that generates part time or full time income, there is a much better business model that I recommend, it’s the one I’m currently using to make $1000+ per month from and I’m going to show you what it is below.
How I Make a Full Time Income Online
If you want to kick your 9 to 5 job to the curb, I highly recommend you start a blogging business and make money by promoting other people’s products and services as an Affiliate Marketer.
Affiliate marketing is much better than MLMs for a few reasons:
- You don’t have to sell anything or recruit anyone
- You can work from the comfort of your laptop no matter where you are in the world
- You can promote any product you want, not just limited to the products of the MLM company you joined
- It’s free to start
You may not even realize that having a blog (website) can earn you full time income, but it’s true, many people are full time bloggers that work from home and are making some pretty good income from it. The earning potential is unlimited, whether you’re looking for some extra cash or to earn 6 figures or more, it’s all possible.
If this entire concept is foreign to you just click the link below and I’ll show you a step-by-step guide on how a blogging business with affiliate marketing all works and also introduce you to the same training platform that’s taught me how to create this blog you’re on right now that’s earning me $1000+ per month:
My top recommendation is the real deal, but it’s for people who are action takers and are ready to put in the work. You can definitely create a full time income with a blogging business, but it does require a lot of time and effort to build and it’s the opposite of a get-rich-quick scheme.
If building a business sounds too hard for you then fortunately on my Favorite “Get-Paid-To” Sites you can earn some extra income merely by doing fun online tasks like taking surveys, playing games, watching videos, opening emails, and more. These sites won’t earn you anywhere near a full time income, but they’re ideal for earning a few quick bucks.
That’s it for this LifeVantage review, I hope you’ve found what you were looking for. As always if you’d like to leave your own review on them or have any opinions you’d like to share then leave them all down below in the comment section.
I’m a regular person who started this website in Sept 2017 to help people in making money online. I envision my own success from helping you become successful. My goal is to help you create a consistent online income, let’s make that money!