There has been some buzz about LiveGood MLM company and I decided to take a closer look.
If you have been approached by someone about their health supplements or compensation plan from LiveGood, you have landed on the right page to make sure it is legit or a scam.
In this review, I will walk you through the company, its products, and MLM compensation plan so you can make the right decision to join or not. So, let’s dive in and take a closer look at LiveGood.
| CEO | Ben Glinsky |
| When Started | 2021 |
| Opportunity Type | MLM |
| Products | Nutritional Supplements |
| Website | Livegood.com |
| Joining Cost | $49.95 |
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What is LiveGood?
LiveGood is a network marketing company that specializes in health supplements to help people get and stay healthy.
The company is based out of Florida and is headed up by CEO Ben Glinsky.
Nauder Khazan is the director of network marketing who has a history of involvement in a pyramid scheme.
The leadership team at LiveGood includes Ryan Goodkin as the director of product development and Lisa Goodkin as the director of product education.
As per the information from SimilarWeb stats, the domain livegood.com has around 180k monthly visitors and the majority of users come from the United States.
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LiveGood Products
LiveGood markets a range of nutritional supplements.
They claim that its supplement range contains “only the highest quality products of their kind available anywhere in the world.”
LiveGood products are much more expensive for end consumers. Customers and distributors have a 60% to 100% price difference.
These are prime LiveGood products.
- Bio-Active Complete Multivitamin (Men’s and Women’s varieties)
- D3-K2
- Ultra Magnesium Complex
- Complete Plant-Based Protein
- Organic Super Greens
- Organic Super Reds
- Organic Coffee
- CBD Oil
- CBD Oil For Pets
- Essential Aminos
- Daily Essentials Pack
- Instant Youth
- Ageless Skin Serum
The information labels suggest LiveGood’s products are manufactured in the US. LiveGood provides 90 days product return policy for unused products.
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LiveGood Membership
LiveGood charges $9.95 as a monthly membership cost or $99.95 per year. This membership provides LiveGood products at wholesale rates. Whereas to become their affiliates, members have to pay an additional $40 for affiliate membership.
If the membership is canceled within 30 days without any purchase, then a 100% refund is offered. Whereas for the yearly membership, a 100% refund within 30 days and a 50% refund within 90 days of joining are offered.
LiveGood Compensation Plan
The compensation plan for LiveGood includes two main components: Weekly Fast Start Commissions and Matrix Commissions.
Before that know about the several ranks and their criteria in LiveGood as shown in the table below.
| Rank | Required Active Members (Personally Enrolled) | Required Active Members (Team) |
|---|---|---|
| Bronze | 2 Affiliates | – |
| Silver | 10 Affiliates or 3 Bronze Affiliates | 20 Affiliates |
| Gold | 30 Affiliates or 3 Silver Affiliates | 100 Affiliates |
| Platinum | 100 Affiliates or 3 Gold Affiliates | 500 Affiliates |
| Diamond | 2500 Affiliates | 3 Platinum Affiliates |
1. Retail Commission
Retail Commission is a way to earn money by referring people to make purchases at retail prices.
| Level/Rank | Unranked | Bronze | Silver | Gold | Platinum | Diamond |
|---|---|---|---|---|---|---|
| 1 | 50% | 50% | 50% | 50% | 50% | 50% |
| 2 | – | 10% | 10% | 10% | 10% | 10% |
| 3 | – | – | 5% | 5% | 5% | 5% |
| 4 | – | – | 5% | 5% | 5% | 5% |
| 5 | – | – | – | 3% | 3% | 3% |
| 6 | – | – | – | 2% | 2% | 2% |
| 7 | – | – | – | – | 2% | 2% |
| 8 | – | – | – | – | 1% | 1% |
| 9 | – | – | – | – | – | 1% |
| 10 | – | – | – | – | – | 1% |
Retail commissions can be earned unlimited times every time a retail customer places an order.
2. Weekly Fast Start Commissions
Weekly Fast Start Commissions is a type of commission offered by LiveGood for each person who is referred to the company.
The person who made the referral will be rewarded with a $25 commission paid out the very next week.
Additionally, if any of the people referred by the initial referral also choose to enroll others, the initial referral will also receive additional bonus commissions up to 10 levels deep.
The commission percentages are outlined in the table provided below.
| Level/Rank | Unranked | Bronze | Silver | Gold | Platinum | Diamond |
|---|---|---|---|---|---|---|
| 1 | 50% | 50% | 50% | 50% | 50% | 50% |
| 2 | – | 10% | 10% | 10% | 10% | 10% |
| 3 | – | – | 5% | 5% | 5% | 5% |
| 4 | – | – | 5% | 5% | 5% | 5% |
| 5 | – | – | – | 3% | 3% | 3% |
| 6 | – | – | – | 2% | 2% | 2% |
| 7 | – | – | – | – | 2% | 2% |
| 8 | – | – | – | – | 1% | 1% |
| 9 | – | – | – | – | – | 1% |
| 10 | – | – | – | – | – | 1% |
3. Matrix Commissions:
Matrix Commissions are offered by LiveGood where a member can earn commissions based on the sales made by the members they have enrolled, and the members enrolled by those other members.
This commission is based on certain levels given below in the table.
| Earnings Per Level | Unranked | Bronze | Silver | Gold | Platinum | Diamond |
|---|---|---|---|---|---|---|
| 1 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 2 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 3 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 4 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 5 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 6 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 7 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 8 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 9 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 10 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 11 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 12 | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 13 | – | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| 14 | – | – | – | 2.50% | 2.50% | 2.50% |
| 15 | – | – | – | – | – | 2.50% |
| Total | $2,047.50 | $4,095.50 | $4,095.50 | $8,191.50 | $8,191.50 | $16,383.50 |
As per the information, commissions are paid out on a monthly basis and are based on a 2×15 matrix structure. This means you will earn a commission on their monthly membership fees, as well as the fees of any individuals they refer, up to 15 levels deep.
Additionally, the commissions are based on a monthly $9.95 membership fee, and members who join at the yearly option will have their commissions paid out over 12 months at $9.95 per month.
4. Matching Bonus
Matching Bonuses is earned when a member you have enrolled earns commissions from those they have enrolled.
The bonus is based on a percentage of the commissions earned by the members in your downline and is paid out monthly.
The percentage of commissions that are paid out as a matching bonus is mentioned below.
| Rank | 1st Generation | 2nd Generation | 3rd Generation | 4th Generation | 5th Generation |
|---|---|---|---|---|---|
| Personally Enrolled | 50% | – | – | – | – |
| Silver | 10% | 10% | – | – | – |
| Gold | 5% | 5% | 5% | – | – |
| Platinum | 5% | 5% | 5% | 5% | – |
| Diamond | 3% | 3% | 3% | 3% | 3% |
It is a bonus that you can earn on top of your matrix commissions by matching the commissions earned by the members in your downline.
There is no limit to the number of members you can match or the amount you can earn in matching bonuses. These bonuses are paid out on a monthly basis, starting on the second month of your membership, along with your matrix commissions.
5. Influencer Bonus
Influencer Bonuses are a way for you to earn more money by promoting the products to a larger audience and encouraging them to make purchases at retail prices.
The more retail customers you bring in, the higher the bonuses you will earn, up to 100% of the difference between the member and retail prices. The amount of percentage paid is mentioned below in the table.
| Total Retail Sales per Month | Additional Commissions | Total Commissions on Personal Customers |
|---|---|---|
| $2,500 | 10% | 60% |
| $5,000 | 20% | 70% |
| $10,000 | 30% | 80% |
| $25,000 | 40% | 90% |
| $50,000 | 50% | 100% |
These bonuses are paid out based on the volume of retail sales generated by customers that you personally enrolled, regardless of your rank within the company.
6. Diamond Bonus
Diamond Bonus Pool is a special bonus program offered by LiveGood to its top-performing affiliates, who have achieved Diamond rank.
Once they reach this rank, they are eligible to share 2% of the total company sales every month. This bonus is distributed among all qualified Diamond-ranked affiliates and paid out with monthly commissions.
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LiveGood Affiliates Payout
The minimum payout amount is $50. The payout method available in LiveGood is through direct deposit to your bank account. To request a payout, you will need to provide your bank account information and submit a request through the affiliate portal.
As per the Information, payouts are processed on a weekly basis, and you will receive your earnings in your bank account within 5-7 business days after your request has been processed.
LiveGood Review
Hope the above explanation is satisfactory to understand the essential details of LiveGood.
Now the main question is whether Livegood is legit or not.
Nasty Past of Promoters
Glinsky, the founder and CEO of LiveGood, has a mixed history in the MLM industry, including founding and selling Skinny Body Care and being involved in various other MLM companies, some of which have been criticized as pyramid schemes.
Glinsky sold Skinny Body Care to Valentus (Another Wellness MLM) in 2019.
While, network marketing director Nauder Khazan, has been previously associated with pyramid scheme companies such as Stiforp and AliveMax.
It is important to be aware of these connections and to conduct thorough research before investing in or becoming involved with the company.
Focused on Selling Memberships
LiveGood’s business model does not rely on actual retail sales, they are highly interested to sell member and affiliate memberships.
They are publicly sharing retail prices and member prices which have a huge difference for each product.
They want everyone to purchase their membership to get products at a lower cost.
Difficult Earning Levels
Based on the information provided, it seems that LiveGood’s bonus structure for affiliates may be difficult to achieve for large bonuses.
At each rank, affiliates are made to recruit more people to improve their ranks and commission percentage.
Overpriced Products
Wellness and supplement products always remain the first choice of MLM companies, cause their pricing can be manipulated by adding labels like “Natural”, “Certified” or whatnot.
The same situation is with LiveGood as well. Their supplements products’ cost (for members) is much higher than regular products.
On Amazon, you can find similar products from reputed brands at half-cost. Hence you don’t need to fall under MLM traps.
Is LiveGood a Pyramid Scheme?
The commission structure of LiveGood is based on member fees rather than retail sales. It raises concerns about the potential for the company to be a pyramid scheme.
Their objective is to recruit a maximum number of affiliates and sell them membership. Moreover, their products are not worthy and gimmick to circulate money.
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Should I Join LiveGoods?
We highly don’t recommend joining LiveGood or similar kinds of MLMs.
Their products are highly overpriced and do not justify the cost. Moreover, they are selling useless memberships using the MLM concept which makes no sense to purchase.
The success rate in MLM is less than 1%, where you need to sell overpriced products to your friends and family.
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LiveGood
Overall
1.8-
Company Profle
-
Products
-
Compensation Plan
In fact, you can earn up to $2,047.50 per MONTH without ever enrolling a single person!
And if you decide to share our amazing products and compensation plan with others, you can earn even more!
mangante
es una pta estafa, cogieron mi dinero ya esta nada mas solo eso coger dinero, salir coriendo de estos scamer