LifeVantage, a Utah-based multi-level marketing (MLM) company founded in 2003, is primarily known for its flagship product, Protandim, a dietary supplement that claims to reduce oxidative stress. The company also offers other wellness products, including supplements for energy, beauty, fitness, and even pet health. LifeVantage is public, traded on NASDAQ, and has an A+ rating with the Better Business Bureau.
In this article, we'll take a closer look at LifeVantage, offering an unbiased review based on customer feedback, product performance, and the potential business opportunity. We'll explore the pros and cons of becoming a LifeVantage distributor to help you make an informed decision.
What Does LifeVantage Offer?
LifeVantage’s most well-known product is the Protandim Nrf2 Synergizer, which claims to reduce oxidative stress by 40% in 30 days through natural ingredients like turmeric, green tea extract, and milk thistle. The company also offers skincare products and supplements targeting various health benefits, such as improved cognitive function, enhanced energy, and better sleep quality.
Pros of LifeVantage
- Health Benefits: Many users have reported positive changes in their overall health and energy levels after using LifeVantage’s products. For example, one customer said, “My quality of life has improved so dramatically that it brings me to tears... I feel amazing, my overall health has improved as well”. Another customer mentioned, “Within 12 hours, I was no longer tired, no brain fog, and felt so much more pleasant”.
- Business Support and Flexibility: LifeVantage offers strong support to its distributors. Many members appreciate the availability of training and company support systems. One distributor commented, “So much support. I’d be telling people about the product anyway, I might as well try to get something for it”. Additionally, the low initial cost of $50 for the starter kit makes it relatively easy to get started.
- Weekly Commission Payments: LifeVantage offers weekly commission payouts, which can be appealing for those looking for more frequent income from their side hustle.
Cons of LifeVantage
- Expensive Products and Monthly Purchases: One of the significant drawbacks for distributors is the high cost of the products, which they must purchase regularly to stay commission-eligible. As one reviewer mentioned, “Distributors must have personal purchases of at least 40 PV a month to qualify for commissions” This can lead to significant monthly expenses before earning any income. Some members also reported that prices increased without notice, which negatively impacted their experience.
- Complex Compensation Plan: LifeVantage's compensation plan is considered complex by many. To qualify for higher commission levels, distributors must maintain higher Personal Volume (PV) requirements. This creates a barrier for those just starting out, and as one reviewer put it, “It takes a huge effort to sell the products and to convince people to commit to a monthly autoship for overpriced products”.
- Limited Income Potential: LifeVantage’s income disclosure statement shows that only a small percentage of distributors reach high earnings. Most earn little or even lose money, as shown by the fact that only 1% of distributors achieve a rank that offers a substantial monthly income.
- Controversy and Side Effects: While some customers praise the products, others are skeptical about their efficacy. Protandim has faced controversy due to inconsistent results and concerns about its scientific backing. Some users reported side effects like headaches, although this is mitigated with proper hydration.
Final Verdict: Is LifeVantage Right for You?
LifeVantage offers products that have shown promising results for some users, particularly in areas like increased energy and reduced oxidative stress. The company also provides a supportive environment for its distributors, with strong training and regular commission payments. However, the high cost of products, the monthly purchase requirements, and the complex compensation plan may be barriers for those looking to earn a sustainable income.
If you're considering becoming a LifeVantage distributor, it's essential to weigh the pros and cons carefully. For some, it may be a rewarding way to promote products they believe in, but for others, the financial requirements and limited earnings potential might make it less appealing. As with any MLM, success depends on your ability to sell products and recruit new members.
Before making a decision, consider trying the products yourself to see if they align with your health goals, and understand the financial commitment required to pursue the business opportunity.