Lifewave MLM Review – Another Multi Level Marketing Scam?

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Introduction:

In this Lifewave MLM review, I will be discussing products that promise health benefits always sound appealing to most people. Moreover, when you’re offered an earning opportunity by selling the product. LifeWave is just like that with their magical patches promising to improve your health while receiving a passive income.

In this review, we will be diving into the details of this “too good to be true” business opportunity.

LifeWave promises you both health and wealth, is it true? Or is it another scam?

Here’s what you need to know.

Product Name: Lifewave MLM

Founder: David Schmidt

Product Type: Health & Wellness MLM Company

Price:

When you join LifeWave MLM, you will be presented with 6 Enrollment kit selection plans. To this date, here are the plans available for their aspiring members:

$25 Enrollment Stater

  • Wholesale Pricing on Products
  • Free membership website with training and commission tracking
  • Potential to earn Weekly Commissions
  • Unlimited Business Volume from Downline Members

$124.95 Enrollment Bronze

  • Includes everything from the Enrollment Starter plan
  • 77 Personal Volume
  • 1 sleeve of regular patches

$299.95 Enrollment Silver

  • Includes everything from the Enrollment Starter plan
  • +88 Personal Volume (165 PV in total)
  • +5 sleeve or regular patches (6 in total)

$499.95 Enrollment Gold

  • Includes everything from the Enrollment Starter plan
  • +110 Personal Volume (275 PV in total)
  • +5 sleeve of regular patches (11 in total)

$999.95 Enrollment Platinum

  • Includes everything from the Enrollment Starter plan
  • +75 Personal Volume (350 PV in total)
  • +13 sleeve of regular patches (24 in total)

$1,599.95 Enrollment Diamond

  • Includes everything from the Enrollment Starter plan
  • 390 on enrollment and then 2 Trickle Orders of 110 PV
  • The lowest unit price paid per product
  • Includes 2 months at 110 PVs
  • +15 sleeve of regular patches (39 in total)

Best For: People skilled in marketing and recruiting other people

Summary:

Overall, LifeWave is another MLM business where you promote their products and recruit new members for incentives. They have an array of products you can sell and several package plans for new members to choose from. Your income will depend on your marketing skills, the number of your recruits, and the sales and recruits of your downlines.

Ratings: 40/100

Lifewave mlm ReviewWhat Is Lifewave MLM?

LifeWave is a Multi-Level Marketing business selling health & wellness products. It is established by David Schmidt in 2004. Founder and CEO David Schmidt is a well-known entrepreneur and product developer for over 30 years. David has performed research and development for the US military.

The flagship product of LifeWave is the “Healing Patches”. These patches are small and circular which sticks to your skin. It is created using nanotechnology without chemicals or drugs included. It was said that the patches only contain water, amino acid, and oxygen.

LifeWave boldly claims that by sticking the patches onto a specific part of your body your health will improve dramatically.

As of this writing there are 7 types of patches available and each one has specific health benefits and these are the following:

Energy Enhancer Patches

  • Increases energy and endurance
  • Good for a physical fitness routine

Y-Age Carnosine Patches

  • Increases stamina by 125%
  • Improves health
  • Better strength and flexibility

Y-Age Glutathione Patches

  • Antioxidant properties
  • Supports the immune system
  • Helps in the release of stored toxins
  • Improves health

IceWave Patches

  • Safe and natural relief for pain
  • For whole body and localized pain
  • Fast-acting and non-addictive

Y-Age Aeon Patches

  • Reduce stress
  • Decrease body inflammation
  • Enhance relaxation

Silent Nights Patches

  • Clinically tested to increase sleep by 66%
  • Improves the quality of sleep

SP6 Complete Patches

  • Stimulates body points for better appetite control
  • Reduce cravings

LifeWave X39 Patches

  • Enhance peptide production to activate stem cells
  • Improves energy, sleep, and overall health

Aside from healing patches, LifeWave also offers the following skincare product:

Alavida Regenerating Trio

  • Consisted of patches, night facial cream, moisturizer
  • Anti-aging and moisturizing product
  • Contains nutrients to nourish and heal the skin
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How Does LifeWave MLM work?

Similar to other MLM companies, LifeWave rewards commissions to their distributors

They use a feature called Compound Marketing, an unlimited depth potential which they defined as similar to money that earns interest in a bank. This allows your previous work to accrue continuously.

When you join, you are required to build at least two teams while other MLM companies require you to build 5 teams. And your earnings will be based on several methods which we will be discussing next.

Can You Make Money with LifeWave MLM?

The direct answer is, yes. LifeWave allows you to earn bonuses in several ways. There are 5 methods to earn profits:

1. Immediate income

You have two options to earn in this method. The first one is that you will buy the products at wholesale prices and sell them at retail prices. The second option is when your customers directly buy the products at LifeWave, then you will automatically receive the retail profits weekly.

2. Product Introduction bonuses

This method encourages you to introduce new members to LifeWave and convince them to purchase an enrollment kit. You will get a bonus after the new members made their initial sale. However, to qualify for these bonuses, you must be an active member and you should have a minimum order of 55 personal volume monthly.

Your bonus will depend on what plan the new member enrolls in such as the following:

Diamond – $500

Platinum – $300

Gold – $100

Silver – $50

Bronze – $15

You can also get a bonus when the members you introduced to LifeWave upgrade their current plans. The higher they upgrade in rank, the more bonus you will get which could be as much as $500.

Binary level with Lifewave mlm review with each level recruiting two people

3. Binary Commissions

Just like the other multi-level marketing companies, you need to recruit people to be under you to build a residual income. There are two positions below you which must be filled by recruiting new members, then these new members will recruit two more members each respectively, and so on. You will get commissions on everyone’s purchases under your position regardless of who recruits them. To cycle you must have a minimum of 55 personal volume per month, meet the downline active requirements, and have a total of 990 business volume. Cycle pay is between $5,000 up to $25,000.

4. Commission active bonus

This is another way to build a residual income at LifeWave. This method is based on the organization you’ve built. Your bonus will be based on the Binary commissions from the people you recruited up to the 3rd downline level and you can earn a commission of up to 25%.

  1. Diamond and Platinum Product Introduction Bonuses

In this last method of earning money, you will get as much as $500 when you sponsor a new member who enrolls in the Diamond or Platinum plan. These packages are the largest ones that are specially designed for business builders. If you sponsor a new Diamond or Platinum distributor, you and your uplines also receive incentives.

LifeWave MLM Pros and Cons

To help you decide whether you should purchase LifeWave products or join their marketing business, we have listed some of the important key points to consider:

Pros

  • Products are safe – The patches are chemical-free and made from natural ingredients.
  • Impressive Company Recognitions – As a company, they have accumulated several awards and recognitions over the years. Here are some of their notable achievements:
    • Product Innovation Award 2015 (ETHOS Awards)
    • Small Business Spotlight Award by California Miramar University
    • Ranked #721 in Inc. 5000 List of Fastest-Growing Private Companies 2011
    • Outstanding Service to Veterans by Military Order of the Purple Heart (MOPH)
  • More than 60 clinical studies – LifeWave collaborated with major universities and medical facilities to conduct research and prove the effectiveness of their products.
  • Over 100 patented technologies – The United States Patent has issued many patents to LifeWave’s technologies after many years of review on the scientific and research data.
  • Patronized by Olympic Athletes – LifeWave’s Energy Enhancer Patches were used by the US Olympic swim team and Standford swimmers.

Cons

  • Recruit to make more money – LifeWave is still a typical MLM. If you notice most of their earning methods mentions about recruiting new members. The more you recruit, the more bonuses you will get. Although you have the option to simply make money through selling and retail commissions, it is not as much as the bonuses you would receive from recruiting people.
  • Marketing skills are required – If you’re new to marketing, this may not be the best income opportunity for you. You will need to have good marketing knowledge and strategy to start in this kind of business.
  • Products are expensive – The “healing patches” retails between $79.95 to $149.95 which are expensive compared to other products with similar benefits.
  • No Income Disclosure Statement – As an MLM company, there’s a need for LifeWave to disclose how many members are making money on average. They also prohibit their members to make income guarantees and expectations so no one is allowed to show proof of how much they are earning.

Lifewave mlm review - is there any lawsuit?Beware of Lawsuits

One lawsuit that is good to know is back in 2015, LifeWave Europe paid a huge fine for under-declaring their corporation tax and VAT for the year 2014. This resulted in a €164,000 settlement enforced by the Revenue Commissioners as a penalty.

Is LifeWave MLM Legitimate?

LifeWave MLM is a legitimate business. It was around for more than 15 years and continues to operate in over 150 countries. The company also has plans to expand to other countries and invite more distributors.

My Final Thoughts

Perhaps the important takeaway from here is that you need to invest time, money, and hard work if you want to take up LifeWave. If you’re someone who likes marketing and don’t mind recruiting people, then this could be a good way for you to earn money. More importantly, you should have enough capital to purchase the start-up package and prepare a budget that will be spent with marketing and inviting other people. However, other MLM companies could be better suited for you so a little research before you join can save you time and money.

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LIFEWAVE ML;M REVIEW

Lifewave

$25 Enrollment Stater
4

Product

5.0/10

Support

3.0/10

Overall Quality

4.0/10

Pros

  • Products are safe
  • Impressive Company Recognitions
  • More than 60 clinical studies

Cons

  • Recruit to make more money
  • Marketing skills are required
  • Products are expensive –
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See the 4 steps to working online from home & earn residual income

4 thoughts on “Lifewave MLM Review – Another Multi Level Marketing Scam?”

  1. I have a friend who is currently looking for a way to start working on her own business and someone told her about Lifewave business opportunity, but as she knows I’m currently working on my affiliate website she asked me to give her a piece of advice about if Lifewave is a good opportunity or not, I’m glad I found your review as you share some good tips about it and your review will help my friend to learn more about how it works and how much money will cost her to join this MLM business. I like the way you close this review and I agree with you, I’m not a big fan of MLM business and it will be better for my friend or for anyone who is interested to start working from home to learn about how to create an affiliate marketing website.

    Reply
    • I was happy that I can be of assistance to your friend by writing an article on the Lifewave MLM review. MLM businesses have a bad name because if the focus is spent only on recruiting to earn an income, authorities tend to close them down. Although that is not the case with this business, one has to have high marketing skills if they want to earn a full-time income with this MLM company.

      Plus this product is very expensive compared to other products with similar benefits. And no mention of members making money with this company is disclosed. I would advise your friend to stay away from this business and learn some affiliate marketing skills before putting out any cash. That is the reason I mention my # 1 recommendation for those starting to earn an income online.

      Reply
  2. Thanks for shearing this information here with us its really of great value,  talking on life wave I wouldn’t say much cause I haven’t done my findings, but from what I read in this review I won’t venture in a business with for now cause they are been rated 40% over 100% and this is below average. Thanks there.

    Reply
    • Hey Kelvin, you are right. With that rating that low it is really a no-brainer of joining on board. Having the skills to market and recruit new members to earn an income is a difficult task and can break the cycle for moving forward to increase your commission.

      Reply

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