Today we will be reviewing a company called Lifestyles. Is Lifestyles a scam? Find out in this Lifestyles MLM Review.
I’m sure you were unaware of the existence of Lifestyles before you came across this review today.
You just found out about it when someone messaged you out of the blue, and you were intrigued about the company’s mission, which led you here.
So, I’m pleased you came across this Lifestyles review and opted against trusting that hunbot right away.
That was a wise decision, considering that hunbot was a complete stranger. Why would you put your confidence in them so easily?
It is not a good idea, in my view, to believe someone simply because they told you anything.
This frequently leads to scamming. When it comes to activities that require you to invest money, you should constantly be on the lookout for warning signals.
In this review, I’ll cover a wide range of topics related to Lifestyles.
Not only that, but I’ll also be talking about multi-level marketing. Perhaps you’ll be able to discover the answers to your inquiries here as well. I can guarantee you that you will learn a great deal, so let’s get started.
MLM members make money by selling products and recruiting new members. In pyramid schemes, members could only make money by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not affiliated with Lifestyles in any way.
Hopefully this Lifestyles MLM review can help you decide whether you want to sign up for the company or not.
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What is Lifestyles?
Lifestyles is a multi-level marketing company in the health and wellness niche. The company was founded in 1989 by David DeBora.
Before DeBora founded the company, he was an investor in real estate and an entrepreneur. After seeing the profit potential of network marketing, he founded his own company, which is what Lifestyles is today.
DeBora’s goal is to make the world a healthier place to live in, through the help of his company’s products.
They have an affiliate program, similar to a traditional MLM, where you can sign up, sell items, and recruit individuals to earn commissions.
This video can help you learn more about Lifestyles and their MLM opportunity.
The products of this company can be categorized according to the following product lines:
This video will tell you more about the products of this company.
How Do MLMs Work?
I felt we should take a break from talking about Lifestyles now that we’ve covered the company’s history and products.
After all, the reason you’re here is to learn about MLMs, so I felt a section like this would be quite helpful.
If this is your first time reading an MLM review, I recommend that you read the full section.
I’ve reviewed a number of MLMs, and I’ve written hundreds of MLM reviews. I believe I have the necessary credibility to educate people about these companies.
Today, we’ll discuss the cult-like attitude that appears to be widespread in most MLMs. In fact, it is because of these methods that MLMs have become so well-known.
When the phrase “MLM” is spoken, it immediately draws a lot of negative attention, as more and more people are becoming aware of what these firms are like.
For starters, MLM businesses are notorious liars. Actually, the hunbot you met was probably lying to you from the start.
They claim that simply signing up, you will be well on your way to achieving your goals. If that is the case, then wouldn’t the most of world’s population be members by now?
Another thing these businesses excel at is persuading members to leave their full-time employment.
It would have been OK if they paid more than the employment that individuals left in order to dedicate their time to the MLM, but the problem is that MLMs do not pay wages. Earnings are based on commissions.
Their objective is to make these employees as reliant on the corporation as possible. I’m not sure what else to call it if that isn’t a cult.
Is Lifestyles a Pyramid Scheme?
Since Lifestyles members earn money both by selling services and recruiting new members, then it is safe to say that LifeVantage is not a pyramid scheme.
However, since Lifestyles is still an MLM, do not expect to make money if you have no plans on recruiting people. Recruiting will earn you significantly more money than actual product selling, and is more encouraged.
This just makes Lifestyles look like a pyramid scheme in disguise, doesn’t it?
Is Lifestyles a Scam?
No, Lifestyles is not a scam.
However, if you think this is enough for you to jump in Lifestyles’ so-called opportunity straight away, then I suggest that you hold your horses. This is just the most basic thing, so don’t go signing up for this company right away.
Before making your decision, I suggest that you do a thorough research on the MLM first.BONUS : My #1 Recommendation To Make Money Online In 2021(Free Guide)>>
How to Make Money from Lifestyles
Since Lifestyles is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
I’m sure the hunbot that approached you did not adequately explain the situation. There’s no need to fear; I believe I’ll be able to explain this because I’m familiar with MLMs.
Selling items is quite self-explanatory due to the relatively simple method involved.
You place an order for items, and as a member, you receive a discount. That is, in essence, how you profit. This is most likely the procedure that was outlined to you.
The MLM’s bread and butter is the recruitment method.
It is what distinguishes the company model. Basically, you receive a commission from the sales of the individuals you recruit.
You can make more money by recruiting more individuals, especially if they are all quite active. They would be placing orders with you.
I suppose after you’ve mastered recruitment, you won’t need to sell the items on your own. All you have to do now is wait for orders from members of your team.
Remember that the MLM business model is not sustainable, so as time goes by, you will run out of people to recruit.
MLMs do not really care about how many products you sell. What they care about is how many you buy and how many people you can bring in.
How to Join Lifestyles
Joining Lifestyles requires that you purchase at least one of these starter kits:
- Lifestyles Distributor Kit ($40) – This includes the membership fee and insurance. You get a 20% discount on all products upon purchasing this kit.
- Instant Direct Package ($2,000) – This kit will give you $2,000 worth of Lifestyles products, 9 free bottles of Intra, and 30% discount on your next product purchases, and free insurance.
- Express Direct Package ($1,200) – This starter kit includes 9 free Intra bottles, $1,200 worth of Lifestyles products, a 20% discount on your next purchases, and free insurance.
How Much Can You Earn?
Lifestyles, like other MLMs, does not disclose a revenue disclosure statement. As a result, the only thing we can do right now is speculate.
As I have stated, I am not a fan of multilevel marketing.
For one thing, they put their members in debt by requiring them to meet unrealistic sales goals.
If they are unable to do so, they are forced to take out loans in order to purchase “personal use” items. Doesn’t it sound disgusting?
MLMs also want you to keep investing money into the business even if you aren’t generating any money.
MLM uplines are taught to convince their downlines that they would get a return on their investment sooner or later, so these gullible people will continue to spend money on the company.
Lifestyles doesn’t want to publish an income disclosure statement since they know their members aren’t earning money. Why would they want to broadcast that to the entire world?
Their whole business revolves around attracting new employees. Of course, they would not want to jeopardize their financial situation by stating the truth.
Things I Like in Lifestyles
Lifestyles has been in the market since 1989, making it one of the most established MLMs of today.
The fact that they were able to remain in the market while facing quite a lot of competition in the health and wellness niche is no easy feat.
This means that whoever is managing the company is doing a great job of doing so.
It will also seem like their products continue to be a hit with their loyal customers.
Things I Dislike in Lifestyles
One of the most serious issues in New U Life is this. An MLM should consider decreasing its pricing in order to attract clients.
In reality, most MLMs I’ve come across demand a high price for their items. I realize that they think they’re offering the greatest things, but they’re not being very practical.
This is one of the reasons why people avoid MLMs.
Lifestyles is one of many health and wellness multilevel marketing companies I have looked into.
The market is oversaturated, and every year, more and more health and wellness businesses pop up.
And, of course, you are aware that it is far preferable for a member to join an MLM early rather than late in order to climb the ranks more quickly.
Because Lifestyles is an MLM, individuals seeking for a health and wellness brand are less likely to discover it. This will be challenging since it will make selling the items much more difficult.
It is an MLM
This is an MLM, so it means that a lot of people definitely failed in this venture. In fact, 99% of people who join MLMs fail to make money, and they do not even earn back their initial investment.BONUS : My #1 Recommendation To Make Money Online In 2021(Free Guide)>>
Lifestyles Compensation Plan
The company’s compensation plan can be viewed through this link.
Here are the ways to make money in Lifestyles:
- Retail Profit. You can get 20% to 40% commissions from your personal sales.
- Wholesale Profit. You also get commissions from the orders made by your downline, and it ranges from 10% up to 20%.
- Fast Track Bonus. During the first two months of the new members you recruit, you earn an additional 8% bonus from their purchases.
- Generation Bonus. You can earn commissions from the volume sold by your downline, up to six levels. This ranges from 2% to 6%.
- Organizational Bonus. Upon reaching the high ranks, you can get up to 3% bonus based on the volume sold by the entire downline.
10 Shocking MLM Statistics That You Need to Know!
- Almost 99% participants of all multi-level marketing companies lose money, according to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business than joining these MLMs.
- Success rate of an online business, which will give you financial and time freedom, is 20% more than joining MLMs for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from MLMs.
- According to the AARP foundation, 47% distributors of all MLMs lose their money. Apart from this, 27% do not make a single penny.
- In the remaining 26% that actually make money, 53% of them make less than $5000/year.
- 39% of those 53%, who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with MLMs, because 50% of all MLMs participants quit within one year.
- 75% people that joined MLMs say that they will never again join any kind of MLM.
- A poll was conducted in 2018 among 1050 MLM distributors and it was concluded that most of them made 70 cents an hour and 20% of them did not make a sale. 60% of them made less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their MLM involvements.
Final Verdict – Lifestyles
Before I end this Lifestyles MLM review, I would like to share a few more insights that could help you.
I hope that after reading this Lifestyles MLM review, you have a better understanding of what multilevel marketing is all about.
Aside from that, I was able to offer you a crash course in multilevel marketing. That was a great deal, wasn’t it?
I have a few additional pointers to provide you that will undoubtedly assist you in your future endeavors. so I suggest that you continue reading.
You’re probably depressed because you believed you’d stumbled onto a once-in-a-lifetime chance. Sorry to break your bubble, but you truly escaped with your life.
They want you to accept their claims and sell their items to other unsuspecting customers. Isn’t that simply exploiting individuals who should know better?
Why would you want to put your trust in a business that dishonest?
You should avoid joining in any MLM since they are not worth your time. Instead, in the following section, you should consider the method I will be telling you about. It is far better than any MLM.
That’s it for my Lifestyles MLM review. Hopefully this Lifestyles MLM review helps with your decision.
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