LifeWave: Review By An Unbiased 3rd Party
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From the Desktop of Allison Carman, Internet Entrepreneur
NOTE: Watch this Video (below) FIRST, to ensure you get the most benefit from this review.
I see huge possibility for the LifeWave business opportunity and at the end of this article I will show you why.
To start here are some details about the leadership, the products and the compensation plan.
Who is behind LifeWave?
David Schmidt LifeWave CEO, founded the company in 2002. According to their website, David is an inventor, scientist and entrepreneur. He developed the technology after 3 years of intense research into the concept of being able to naturally boost energy and stamina through elevation of fat burning utilizing wireless communication to the human body.
Michael Collins, President and according to Lifewave.com, he began his career with two Fortune 100 companies – Procter & Gamble and PepsiCo – where he held the position of Vice President. In the last sixteen years he has brought his business experience and disciplined approach to the Network Marketing Industry.
Are the LifeWave products distinctive and do they stand alone?
I really like the intention behind the product because it works on the principals of Acupuncture, an ancient and proven health and wellness practice. The patches work on the acupuncture pressure points of the body for energy/stamina, sleep aids, anti-aging and weight loss.
According to testimonials by athletes and a blind study, the patches have a significant impact on increasing energy and overcoming fatigue. Big market trends are anti-aging and increasing energy and this product addresses both.
Some old articles refer to the company as LifeWave scam and hoax science. There are also many articles that talk about the effectiveness of the product and how it has helped people in their sports or daily lives. Most non-traditional health remedies are controversial and some people will agree and some won’t.
Can the average person make money with this company?
Yes, there seems to be an active market for these products and it is a simple and effective payment plan. The compensation is based on the Binary Plan where emphasis is placed on helping new distributors to launch their business. These plans are generally more supportive and rewarding in support of building teamwork.
The website, LifeWave.com promises that its distributors can make money in four ways. The distributors
can:
1. Purchase the patches at wholesale and market them retail
2. Earn fast start bonuses by recruiting in new distributors
3. Build a network of other distributors
4. Sell the products on the website.
What is the potential for the company globally?
• You can advertise Lifewave.com in 7 different languages.
• There is massive growth in search volume in Israel, Hungary, France and Australia
• Overall popularity has continued to get bigger in the rankings since 2008.
• MLM Rankings list LifeWave in the leading 50 MLM companies in public interest for October 2009.
My Recommendation:
LifeWave does seem to be a company you can make money with and you will have to make a decision for yourself if it is the proper company for you.
The most important thing I can recommend, if you are going to sign is that you learn how to MARKET your business on the internet because there is so little competition.
Learn to attract people to your business and help your team do the same.