LiveGood is a Florida (USA) based company marketing FDA approved Health anf Food supplement products.
The salient features of its marketing plan is
- You join the system by paying $40+$9.95 first month and then $9.95 every month.
- Everyone joining after you is placed in a 2 X 15 forced matrix plan which puts spill overs in your matrix without you having personally referred and you earn $0.25 pm from each one. You can earn a max of $2047.50 pm.
- If you refer, you earn much more in 4 different ways.
- The earning of members is not linked with product sales and this enables the products prices kept at much lower price as compared to the competitors.
- Product purchase is not mandatory.
The marketing plan was globally launched in Dec 2022 and since then it is literally exploding the market.
It has over 325 k members with almost 10000 new people taking a look at it by pre enrolling and a good percentage out of them are converting into paid members.
People getting in this business must understand few aspects
What is Spill Over and the chances of people making money from Spill overs.
In MLM (Multi-Level Marketing) business models, spillovers refer to the placement of new recruits or distributors in the downline of existing members. Spillovers occur when a distributor recruits more individuals than can be placed directly in their frontline, so the excess recruits are placed in the downline of other team members.
While spillovers can potentially benefit some members by adding new recruits to their downline without their personal efforts, it's important to note that relying solely on spillovers to make money in MLM is not a guaranteed or sustainable strategy. Here are a few key points to consider:
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Variable Nature of Spillovers: Spillovers in MLM are not guaranteed and can vary widely. The number and quality of spillovers received by a member depend on the recruitment efforts of their upline or the overall growth of the organization. Some members may receive more spillovers, while others may receive very few or none at all.
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Personal Efforts and Skills: To achieve significant success and generate substantial income in MLM, personal efforts and skills are typically crucial. Members need to actively engage in recruiting new members, selling products or services, building and nurturing their network, and developing leadership and business skills. Relying solely on spillovers without personal efforts may limit income potential.
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Network Building: MLM success often relies on building a strong and active network of distributors. While spillovers can provide initial members in the downline, it's important to focus on personal recruitment and developing a team of motivated individuals who are actively engaged in the business. Building a solid network and supporting its growth is key to long-term success.
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Market Saturation and Downline Structure: As an MLM organization grows and expands, market saturation and the structure of the downline can impact the potential benefits of spillovers. With more members joining and the downline structure becoming deeper, the impact of spillovers on an individual member's income may diminish.
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Compliance and Legitimacy: It's crucial to ensure that the MLM company you are involved with operates legally, ethically, and complies with relevant laws and regulations. Some MLMs may operate as pyramid schemes, which are illegal and unsustainable models. Be cautious and do thorough research before joining any MLM opportunity.
In summary, while spillovers can provide some initial benefits in an MLM business, long-term success and substantial income typically require personal efforts, skills, and building an active and motivated network. It's important to approach MLM opportunities with realistic expectations, focus on personal growth, and develop a comprehensive business strategy beyond relying solely on spillovers.
Check what people around the globe have to say about Livegood
My personal view is that it is worth joining and then putting efforts to explain the benefits to others.
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