Today we will be reviewing a company called Stemtech. Is Stemtech a scam? Find out in this Stemtech review.
Have you heard of this company before? Well, I am sure that you did, but it’s probably from a stranger in social media who just messaged you out of the blue about it. The thing is, you are not aware of Stemtech’s existence before that interaction happened.
I am sure the main reason why you are here today is because you got curious about the so-called opportunity that the hunbot told you about. I won’t be surprised, to be honest. With the current state of the world affecting prices of daily commodities, I am sure you are looking for a way to boost your earnings somehow.
Anyway, Stemtech is an MLM, which explains you haven’t heard of it before. MLMs are pretty obscure in nature because they do little or no effort to advertise themselves. That work is assigned to the members, hence the reason why that hunbot contacted you. If you think that these people are being paid to do the MLM’s advertising for them, well, you are wrong.
Before we go further in this Stemtech review, I will define two terms first: MLM and pyramid scheme.
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 Stemtech in any way.
Hopefully this Stemtech review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Stemtech review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
What is Stemtech?
Stemtech is a multi-level marketing company in the health and wellness niche. Like what is stated in their name, they develop products based on stem cell technology.
The company was founded by Greg Newman, Ray Carter Jr., and Christian Drapeau in 2005. Stemtech started as a direct-selling company. In 2009, they finally became a multi-level marketing company.
Stemtech has employed scientists that exclusively develop their products. The products are said to help cell regeneration and boost the body’s immune system.
The company is currently based in Florida, United States.
You can watch this video to learn more about the company.
How Do MLMs Work?
Welcome the section where we talk about why MLMs are the worst and why I think all MLMs should be banned by the FTC.
Today, let us talk about how MLMs use cult-like tactics to keep their members in check.
Well, first off, I am pretty sure that you have heard of cults before. They are social groups who are defined by their unusual beliefs. They have their own set of norms, and their primary requirement is absolute loyalty.
I have reviewed quite a lot of MLMs in the past, so I could testify that MLMs indeed use cult-like tactics. I think this is most obvious by how they want their members to depend on the company as their primary income source.
For one, I have watched a few documentaries out there about ex-MLM members being asked by their sponsors to quit their jobs to work with MLMs full-time. There are even instances where they were being told to get their spouses to quit their jobs as well in order to help them in their business. Well, if that is not manipulation, then I don’t know what is.
Also, MLMs want their members to put as much money as possible to them. This is why they set monthly quotas that their members have to follow in order to stay in the company. The worst thing to ever happen is if you get kicked out, because if you do, you lose the right to sell the products you bought, and you are dropped from the social circle.
I know this sounds quite ridiculous if this is your first time hearing about MLMs, but I am afraid to say that these all really happen.
MLMs are a big waste of time and money. Hopefully this Stemtech review can help you make a sound decision.
Is Stemtech a Pyramid Scheme?
Since Stemtech members earn money both by selling services and recruiting new members, then it is safe to say that Stemtech is not a pyramid scheme.
However, since Stemtech 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 Stemtech look like a pyramid scheme in disguise, doesn’t it?
Like My Daily Choice, Enzacta, and Crush Global, Stemtech is not a pyramid scheme.
Is Stemtech a Scam?
No, Stemtech is not a scam.
However, if you think this is enough for you to jump in Stemtech’s 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. You can consult some of the sources I listed below. Take note that you can definitely consult any source you want to, but the sources I listed below are the best kinds to consult, for various reasons listed.
What Sources Should You Look For?
There are three kinds of sources that you can consult when it comes to researching MLMs. There are other kinds of sources, but I believe that these three sources will be of the most help to you.
The best source I recommend looking into are third-party reviews, like this Stemtech review you are reading right now. Like I said before, we are not affiliated with any MLMs, and all that is written in the reviews are facts that we got from hours of research. Third-party reviews only present facts, and since they are unaffiliated with the MLMs they write about, they are unbiased.
If you think that you can learn more about MLMs by interacting with others, then I suggest looking for forums. There are actually a lot of forums in the internet that actively discuss MLMs, and you can find them with a quick internet search. These forums are frequented by a lot of users daily, so with every visit, you get the freshest information they bring.
Another good source are testimonies from ex-members. Since these people have first-hand experience with working for MLMs, then they know stuff that the MLM refuses to publicly share. These can come in different forms of media, from blog posts, podcasts, and videos. You can look for them at media sharing sites, and I can assure you that their insights are valuable to your research.
How to Make Money from Stemtech
Since Stemtech is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
Take note, however, that these two methods are only the basic ways to make money in Stemtech. There are also bonuses and benefits that you can qualify for in order to boost your earnings.
However, qualifying for them are a whole other story. You will need to build an active downline and meet quotas with your team. That is where the recruiting aspect comes in, and to be honest, it is where majority of your earnings will come from.
If you joined an MLM hoping that you will be selling products, then I suggest you quit. MLMs encourage recruiting more than selling, and honestly, you will be spending most of your time finding members than actually running your business. The more people you sponsor, the more money you make.
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.
Stemtech Products
Stemtech sells the following line of products:
- stemrelease3. This product promotes youthful, healthy aging and provides general well-being.
- StemFlo. This product keeps your cardiovascular system healthy and working properly, which helps with longevity.
- MigraStem. This product boosts your vitality and well-being by detoxification.
- OraStem. This product helps keep your teeth and gums healthy, while giving you fresh breath and natural whitening in the process.
- D-Fuze. This is a thin disc that can be attached to your smartphone. It is said that the D-Fuze helps counteract the impact of EMF radiation being emitted by your device.
How Much Can You Make?
Turns out that Stemtech does not publish an income disclosure statement. This means that we have no data to look at in order to discuss if Stemtech members actually make money.
A real shame, judging by how they promote all these ‘breakthrough products’. However, this does not surprise me anymore, since most MLMs prefer not to publish this information.
However, withholding this information from potential members just makes it look like that Stemtech is hiding something. Sure, they can boast about their products and their effectivity, but who would even bring them to the market? Their members.
A business should always promote trust, but it just looks like you cannot trust Stemtech. You have the right to know how much you can make, if you can even make money here at all.
Things I Like in Stemtech
Established Company Reputation
Stemtech has been in business for more than 10 years, which is actually impressive for an MLM. Most MLMs do not last in the market for more than 3 years. Being able to last 3 years is already a feat, so I guess Stemtech is doing a good job being able to stand against tough competition for this long.
I guess this means that Stemtech continues earning money, and they are able to profit regularly from a loyal customer base.
Things I Dislike in Stemtech
Expensive Products
When it comes to shopping, people want to pay as low as possible. This is why there are people willing to spend hours to queue for sales in shopping centers. If a product is priced higher than what people are used too, they will surely find an alternative that is cheaper but does the same thing. Maybe these statements do not apply for rich people, but most of us are living paycheck to paycheck.
Stemtech products are priced higher more expensively than more trusted brands in the health and wellness niche. Since Stemtech is already quite obscure, why bother raising prices? This just drives potential customers away.
Saturated Market
The health and wellness market is pretty competitive. Just Google ‘health and wellness brands’ and there will be a lot of results. Most of these brands are also not MLMs, which means that they do proper marketing and advertising to make as much sales as possible.
Well, I don’t really know if anyone will recognize Stemtech if pitted against those companies. Since Stemtech is an MLM, and MLMs are known for their infamous reputation, then I doubt people would choose it compared to brands they have grown accustomed to through the years.
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.
Stemtech Compensation Plan
You can view and access Stemtech’s compensation plan by clicking this link.
Here are the ways you can get paid in Stemtech:
- Prosperity Bonus Program. You can earn 7% to 10% commission from the total sales of your downline every month. This depends on your rank.
- Lifestyle Leadership Bonus Program. If you managed to get 100 PV in total sales for the month, you are eligible to earn 1% to 10% commission.
- VIP Customer Program. If you manage to enroll VIP customers, you can earn 2% commission for each one.
You can also watch the video below to learn more about Stemtech’s compensation plan.
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.
SOURCES:
Final Verdict – Stemtech
Before I end this Stemtech review, I would like to share a few more insights that could help you.
Well, it is now the end of the Stemtech review, so by now I guess you already made up your mind about whether you want to join Stemtech or not. However, let me go through a few more points that could help influence your decision.
MLMs continue to exist because there are countless people desperate to make extra money. They are not afraid to lie and make false claims about their products just so people would be tempted to sign up for them.
In a world where commodity prices continue to increase, it is only natural that people find a way to boost their income from their full-time jobs. This is why an opportunity like an MLM continues to attract people who don’t know any better.
I would not blame them, though. The benefits are pretty promising. However, they are too good to be true. Remember that when something is too good to be true, then it is most likely isn’t.
I could tell you right now that there are countless opportunities out there that are a lot better than joining MLMs. These options do not involve having to lie to people constantly just to make sales.
That’s it for my Stemtech review. Hopefully this Stemtech review helps with your decision.
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