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|Type of Business:||MLM|
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By David Harris
“Youngevity”, by Steve Wallach and found at youngevity.com, is an MLM, or multi level marketing business opportunity that uses nutritional products as its way of avoiding being labeled as a pyramid scheme. Having researched and reported many MLMs, both scam and legit I look at certain factors to determine whether it is a real opportunity or not.
One of the factors I look at is how high a markup is placed on the company products. Usually, when they are very expensive it is a sign of a company that is more concerned with recruitment than product sales, and the prices on Youngevity are ridiculous. The company requires its salespeople (recruiters) to buy a minimum for the sponsor’s margin and overhead.
Contrary to Youngevity claims that the product is effective, none of their products are considered to work very well, according to reputable testing by trusted professionals. No real valid testing has been done with humans, but they claim it kills cancer in test tubes. Truth is, bleach kills cancer in test tubes, but you don’t want to drink that either.
A supposed Nobel nominee, Dr. Joel Wallach ties his reputation on claims Youngevity makes that its product is of high quality. I could not find him on any Nobel nomination list going back to 1992 when he allegedly was nominated. In any case he is a veterinarian so anything he has to say about the product is questionable.
There seems to be a running theme of quackery with many health supplement mlm businesses that focus more on marketing than providing decent product. Youngevity is no different. Their profits come from new distributor recruitments who have to buy the product when they sign up.
So you are going to purchase their overpriced distributor packages in order to recruit others to do the same, and so on down the line. You will also have to spend money in order to find more leads through ads, meetings, etc., and ultimately making income from this company is going to be very challenging, to say the least.
We don’t recommend you get involved with “Youngevity” either as a business opportunity or as a consumer of its product.
Thanks for reading…
TagsYoungevity youngevity.com Steve Wallach mlm multi level marketing Dr. Joel Wallach health supplements scam
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