Today we will be reviewing a company known as Liv Labs. Is the program legit? Find out in this Liv Labs review.
It is not common for companies that focus on multi-level marketing to sell items containing CBD. Due to the fact that this sector of the network marketing industry is still relatively unknown, we have researched a select group of companies that specialize in selling products of this kind.
However, can you actually rely on any of these companies to provide you with a wage that allows you to live? We are going to get more knowledgeable.
Before you decide to sign up for this program, you should read this Liv Labs review first.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Liv Labs in any shape or form whatsoever.
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Liv Labs Review: Quick Details
- Name: Liv Labs
- Owner: David and Debbie Reeder
- Website: https://livlabsnow.com/
- Socials: Facebook, Instagram
- Type: MLM
- Niche: MLM
- Recommended?: I will never recommend joining any type of MLM whatsoever, despite of what they claim.
What is Liv Labs?
MLM company Liv Labs markets CBD oil and other CBD products. Cannabidiol, or CBD for short, is one of the two main psychotropic components in marijuana plants.
CBD is the active molecule responsible for Marijuana’s medicinal benefits without the high. The extraction method for CBD leaves behind THC, or tetrahydrocannabinol, the other active ingredient in cannabis. This component gives the plant its ability to affect one’s emotional state.
Cannabidiol, or CBD for short, is the oil extracted from cannabis plants and used for its therapeutic properties in a number of products.
In his capacity as Sole Director of Liv Labs, which was incorporated in his name as LaCore Enterprises in August 2018, Terry LaCore is a businessman.
According to the complaint filed in 2017 that initiated the domain name dispute, Meridian International LLC, doing business as LIV Labs, was created in 2015. They started working on a pre-sale agreement with a supplier to offer LIV-branded products in 2017.
It is hardly unexpected that LaCore Enterprises is Meridian International’s principal supplier given that LaCore has a controlling share in Meridian.
According to Liv Labs, LaCore Enterprises is headquartered in Texas. You can see LaCore, now known as LaCore Nutraceuticals, mentioned on the product sheets sold by Liv Labs.
Top producers at Veema (another health and wellness MLM company) David and Debbie Reeder founded Liv Labs.
The FTC disabled Veema because they thought it was a $200,000,000 Pyramid scheme. Soon after, Veema reached a settlement with the government in which it admitted to abandoning its signature “pyramid scheme” recruitment strategy.
Liv Labs Products
Sadly, Liv Labs does not produce any products that can be considered to be of absolutely exceptional quality. In order for the business to stay one step ahead of its rivals, it is essential for the company to submit its wares for review by the Food and Drug Administration as well as by other regulatory bodies.
However, this will result in additional expenses, and once they have been validated, they will be required to raise their pricing in order to compensate for the costs of the validation process.
The compensation plan they offer is standard for MLMs in general. Customers who shop at retail businesses have the opportunity to sign up as members, advance through the membership levels, earn and produce Personal Volume, and engage in a variety of other benefits.
The company is pretty similar to Xifra Lifestyle, Dope CFO, and Arieyl.
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How Do MLMs Work?
For this section of the Liv Labs review, we will be looking into the business practices of MLMs.
Here you may talk about multi-level marketing with other people. In this section, we diverge from our discussion of the company in question to examine the similarities amongst MLMs, their strategies, and the lies they tell to achieve their goals.
To begin, let me provide my current perspective on MLM. For my part, I think MLMs are awful and would advise anyone against becoming involved with one to rather burn their money. As you read on, you’ll see why I hold these views.
One thing that really gets under my skin about MLMs is how they portray their offer as a legitimate job. Even if you find a job posting on social media, it doesn’t mean it’s legitimate, especially if it’s an offer you really want.
That’s why it’s important to be able to tell MLMs apart from opportunities that actually exist in the employment market.
Multi-level marketing companies have a shady reputation for spreading false information about earnings. They advocate for its members to spend lavishly to give the impression of affluence and achievement.
Those involved in multi-level marketing (MLM) often get together at annual conventions where they may mingle and celebrate the success of their best performers.
Frankly, the rankings are meaningless. It seems like you can nearly buy your way up the “corporate ladder,” but I’m sure there are some hard workers among them.
Exactly what is keeping members from buying the products on their own? There is a correlation between the quantity of product purchased and the likelihood of promotion. A better metric might be the quantity of items moved.
If you have extra money lying around, it’s simple to move up the ranks in an MLM. Just keep buying stuff until you reach the required level. All this nonsense just keeps going in a circle.
Liv Labs Compensation Plan
The price structure offered by Liv Labs is comprised of a total of twelve different membership tiers. Continue reading for information on how to climb the corporate ladder and achieve higher rankings.
- Participate in the growth of the Liv Labs family as a Partner.
- To be considered a Contributing Partner, you must maintain a monthly PV output of 75
- You can become a VIP Partner if you consistently create 100 PV and 1,000 GV per month, if you recruit and keep at least one Active Partner, and if you consistently generate and keep two personal retail clients. In addition, you must recruit and keep at least one Active Partner.
- To be a 3K VIP Partner, you need to maintain 100 PV per month, continue to earn and maintain 3,000 GV per month, continue to recruit and maintain a minimum of two Active Partners, and continue to serve two personal retail clients.
- In order to become a 9K VIP Partner, you are required to fulfill the following monthly requirements: 100 Personal Volume, 9,000 General Volume, 3 Active Partners, and 3 Personal Retail Customers.
- To be a 15K VIP Partner. you are required to have monthly 200 PV and 15 000 GV, 4+ Active Partners, 4+ Personal Retail Customers
- To remain a 30K VIP Partner, you are required to maintain a PV of 200 each month, generate 30,000 GV and 10,000 TQV per month, maintain at least three Active Partners, and maintain six personal retail customers.
- To become a 60K VIP Partner, you will need to meet the following requirements: 200 PV per month, 30K GV per month, 20K TQV per month, three Active Partners, and six personal retail clients.
- In order to qualify as Diamond Partner, you need 300 PV per month, 100,000 GV per month, 30,000 TQV per month, one 60K VIP in your downline, three or more active partners, and six or more retail customers or clients.
- In order to become a Double Diamond Partner, you will need to fulfill the following monthly requirements: 300 PV, 250,000 GV, 80,000 TQV, one Diamond Partner in your downline, three Active Partners, and six personal retail customers.
- The following are the monthly requirements that need to be met in order to be considered a Triple Diamond Partner: 300 PV, 500,000 GV, 160,000 TQV, 2 Diamonds in 2 different enrollment legs, 3 Active Partners, and 6 personal retail customers.
- To be a Black Diamond Partner, you need 300 PV per month, 1,000,000 GV per month, 350,000 TQV per month, 3 Diamonds in 3 distinct enrollment legs, 3 Active Partners, and 6 personal retail customers. Black Diamond Partner: Black Diamond Partner:
Is Liv Labs Legit?
Liv Labs is a legitimate multi-level marketing company that sells CBD products, in spite of the questionable business methods of the corporation that is its parent.
We are unable to give our stamp of approval to this business plan since it does not provide adequate compensation for full-time work. The fact that selling CBD products in today’s world can be difficult at times does not help the situation.
In the same way that there are well-known commercial brands of vitamins and minerals that have been put through rigorous testing and have received FDA certification, the same is true of CBD supplements.
The items manufactured by Liv Labs have not been evaluated by third parties or presented to the FDA for clearance. Even though this does not make their products illegal, it does raise the question of how valuable they really are.
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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.
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