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Lifewave MLM Business Review – Scam Or Legitimate Opportunity?
Company
Lifewave is a network marketing company based in La Jolla, Ca. David Schmidt is the founder and CEO of Lifewave. The company has been around for many years. Dr. Steven Haltiwanger MD, CCN is the Director of Health and Science. Richard Quick is the sporting director. Lifewave also has offices in Taiwan, the Philippines and Hungary.
Products
Lifewave has several products that are non-transdermal patches as well as Lifewave Plus Homeopathic Medicine. The patches are placed on specific points on the body and are believed to communicate with the human body. They have a wide variety of patches that do everything from energy boost (Energy Patch), weight loss, (SP6 Patch), pain relief (Icewave Patch), anti-aging (Y-Age Patch) and sleep patches (Silent Nights Patch) as well as several Lifewave Plus homeopathic remedies.
Compensation Plan
The Lifewave compensation plan is fairly easy. This is a binary compensation plan that requires you to sponsor 1 distributor on your right and one distributor on your left. Binary compensation plans are very popular in the MLM-Network marketing industry and frankly, it’s the only compensation plan I enjoy working with.
Here is my summary
In conclusion I must say that Lifewave is not a scam, in fact the products are very unique. However, with that being said, there are always five things that I personally rate.
1. The company must be attractive to you as a network marketer.
2. The company must be owned and managed by honest people
3. There must already be a demand for the product (otherwise you and your downline will have to create that demand, which is very difficult)
4. The compensation plan must be fair to all distributors across all areas and reward overachievers.
5. A company must have something that sizzles, something that stands out from the crowd.
For this reason, if you want to thrive in the MLM industry, it is important that you offer a product that is unique and one of a kind. It has to be something useful that people will consume month after month, but something unique. This will ensure that you are interested in potential customers and therefore sales.
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