GreatLife Worldwide hides possession and higher govt info from shoppers.
I say “cover” as a result of whereas GreatLife Worldwide offers govt info on its web site, it caps out at COO David Knappert.
Additional analysis reveals GreatLife Worldwide advertising and marketing citing Greg Gunderson as founding father of the corporate.
Funnily sufficient Gunderson is introduced on GreatLife Worldwide’s web site, however solely as a “community advertising and marketing advisor”.
Why Gunderson is hiding possession of GreatLife Worldwide is unclear.
In any occasion, Greg Gunderson is thought to BehindMLM as founder and CEO of American Dream Vitamin.
BehindMLM final reviewed American Dream Vitamin in 2018. Throughout our first (2012) and second American Dream Vitamin evaluations, autoship recruitment remained an unresolved compliance concern.
At time of publication American Dream Vitamin’s web site continues to be up. For December 2023 nonetheless, SimilarWeb tracked simply ~23,000 month-to-month visits.
A go to to American Dream Vitamin’s web site reveals GreatLife Worldwide is a reboot.
Learn on for a full overview of the GreatLife Worldwide MLM alternative.
GreatLife Worldwide’s Merchandise
GreatLife Worldwide markets a spread of dietary dietary supplements and digital subscriptions.
Dietary Dietary supplements
- PhytoZon – anti-aging system, retails at $45 a bottle
- Stem Cell Launch Issue – “launch thousands and thousands of stem cells” for an “anti-aging course of”, retails at $49 a bottle
- TransferFactor – “mobile immune help”, retails at$45 a bottle
- Cherry Blaster – vitality drink powder, retails at $45 a bathtub
- Pure-O2 – “activated liquid oxygen”, retails at $45 a bottle
- AcaiPlus – antioxidant complement, retails at $45 a bottle
- Keto Fats Burner – “metabolic ketosis help”, retails at $45 a bottle
- ProCleanse – “wholesome intestine cleanse”, retails at $45 a bottle
- Clear Coronary heart – “promotes wholesome circulation”, retails at $45 a bottle
- Get Juiced – “high-orac mobile vitamin”, retails at $45 a bottle
- Wild Conk – “tremendous immune focus” important oil mix, retails at $45 a bottle
- PureAquaMins – “mobile hydration”, retails at $45 for 2 bottles
- Nu-Derma Gold – “anti-aging serum, retails at $45 a bottle
- 6-In-One Mobile Superfoods Complicated Formulation – “tremendous greens” complement, retails at $45 a bathtub
Digital Subscriptions
- Private Health Digital Subscription – “You might have 24/7 Entry To Your Skilled Health Trainers & Exercises on any machine, by way of your app, sensible telephone, pill, laptop computer or pc”, retails at $45
- Monetary Schooling Digital Subscription – “offers various e-books, audiobooks and programs designed present info solely”, retails at $45
- Private Chef Digital Subscription – “a digital culinary treasure trove for meals fans and aspiring cooks alike!”, retails at $45
- E-Library Digital Subscription – a “digital treasure trove gives an in depth vary of on-demand content material”, retails at $45
- Womens [sic] Group Digital Subscription – “a specifically designed program to empower Ladies across the globe”, retails at $45
- Movie star Life Coach Digital Subscription – “Reggie Cochran.Reggie will provide help to obtain success in all areas of your life”, retails at $45
Though there’s no indication on GreatLife Worldwide’s web site, I consider its subscriptions are billed month-to-month.
GreatLife Worldwide’s Compensation Plan
GreatLife Worldwide pays on recruitment and product/subscription gross sales to recruited associates and referred retail prospects.
GreatLife Worldwide Affiliate Ranks
There are six affiliate ranks inside GreatLife Worldwide’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a GreatLife Worldwide affiliate
- Silver – recruit three associates and generate 30 BV or extra a month
- Gold – recruit 5 associates and generate 60 BV or extra a month
- Platinum – recruit 9 associates and generate 90 BV or extra a month
- Diamond – recruit twelve associates, preserve 90 BV or extra a month and generate $10,000 GV a month
- Worldwide Diamond – recruit twenty associates, preserve 90 BV a month and generate $25,000 GV a month
BV stands for “Enterprise Quantity” and is generated by product purchases. 30 BV basically equates to at least one product buy.
BV might be generated both by an affiliate’s personal product buy or that of a personally referred retail buyer who locations an order.
GV stands for “Group Quantity”. GV is PV generated by an affiliate and their whole downline.
Notice that for Diamond and Worldwide Diamond, as much as 60% of required GV might be counted from anyone recruitment leg.
Recruitment Commissions
GreatLife Worldwide associates earn $20 per affiliate recruited.
Residual Commissions
GreatLife Worldwide pays residual commissions by way of a 2×16 matrix.
A 2×16 matrix locations an affiliate on the prime of a matrix with two positions instantly underneath them:
These two positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting these first two positions into one other two positions every (4 positions).
Ranges three to sixteen of the matrix are generated in the identical method, with every new degree housing twice as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of GreatLife Worldwide associates.
Residual commissions are paid as a share of affiliate charges and product purchases throughout the matrix.
- 3.5% is paid on month-to-month affiliate charges
- 30 cents is paid per product bought
Notice that to unlock all sixteen matrix ranges, a GreatLife Worldwide affiliate should recruit three associates and generate 30 BV a month.
GreatLife Worldwide associates who don’t recruit and generate 30 BV a month solely earn residual fee on ten matrix ranges.
Matching Bonus
GreatLife Worldwide pays a Matching Bonus on recruitment commissions earned by personally recruited affiliate.
This consists of direct recruitment commissions and ongoing month-to-month matrix recruitment commissions.
Coded Bonus
GreatLife Worldwide’s Coded Bonus is paid out by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
GreatLife Worldwide’s Coded Bonus is paid on product and subscription purchases throughout the unilevel staff.
Monitoring the Coded Bonus is a bit convoluted. Coded Bonus monitoring corresponds to ranks, which create matrices inside an affiliate’s unilevel staff.
Coded Bonus monitoring begins on the Silver rank. At this rank an affiliate is paid $3 per product bought down 2 x infinity matrices created.
These matrices begin from the third recruited affiliate and covers each affiliate recruited till Gold rank is certified for.
Qualifying for Gold unlocks Gold tier Coded Bonus matrices, counted from the fifth personally recruited affiliate.
Gold tier Coded Bonus matrices are 4 x infinity in dimension and pay $3 per product ordered.
Lastly we now have Platinum tier Coded Bonus matrices. These begin from the ninth personally recruited affiliate.
Platinum tier Coded Bonus are tracked throughout 8 x infinity matrices and once more pay $3 per product ordered.
Diamond Income Sharing Bonus Pool
GreatLife Worldwide takes 1% of company-wide gross sales quantity and locations it right into a Diamond Income Sharing Bonus Pool.
The Diamond Income Sharing Bonus Pool is shared equally every month amongst all certified Diamonds.
Notice that at time of publication GreatLife Worldwide’s Diamond Income Sharing Bonus Pool is marked “coming quickly”.
Worldwide Diamond Income Sharing Pool
GreatLife Worldwide takes 1% of company-wide gross sales quantity and locations it into an Worldwide Diamond Income Sharing Pool.
The Worldwide Diamond Income Sharing Pool is shared equally every month amongst all certified Worldwide Diamonds.
Month-to-month Life-style Bonus
GreatLife Worldwide associates who generate set month-to-month GV targets obtain a Month-to-month Life-style Bonus.
- generate $5000 GV a month and obtain $100
- generate $10,000 GV a month and obtain $200
- generate $25,000 GV a month and obtain $300
- generate $50,000 GV a month and obtain $500
- generate $100,000 GV a month and obtain $1000
- generate $250,000 GV a month and obtain $2500
- generate $500,000 GV a month and obtain $5000
Becoming a member of GreatLife Worldwide
GreatLife Worldwide affiliate membership is $49 after which $20 a month.
GreatLife Worldwide Conclusion
GreatLife Worldwide got here to me as a suspected clone of Ben Glinsky’s LiveGood. Past the plain LiveGood/GreatLife branding laziness, I can see why.
Each MLM firms cost a payment in trade for a wholesale low cost. Whereas each firms probably function as pyramid scheme (we’ll get into that in a bit), there may be one key distinction.
LiveGood affiliate membership is $40 after which $10 a month to stay a member (entry to discounted merchandise). There’s a additionally a $10 a month retail buyer choice, which additionally offers entry to reductions.
GreatLife Worldwide has no retail providing. Everybody indicators up for $40 after which $20 a month, which “routinely qualifies you to earn commissions”. There isn’t any low cost product retail providing.
Versus suspecting the vast majority of LiveGood memberships being offered have been to associates, making it a pyramid scheme, in GreatLife Worldwide issues are a lot clearer.
GreatLife Worldwide is a pyramid scheme as a result of why on Earth would anybody enroll as a retail buyer once they can see a reduction provided to associates?
Moreover, we know GreatLife Worldwide’s merchandise aren’t retail viable as a result of American Dream Vitamin collapsed.
A few of GreatLife Worldwide’s product names have been modified however in any other case it’s the identical vary American Dream Vitamin stocked.
What potential GreatLife Worldwide recruits can study from LiveGood is the inevitable collapse and lack of cash.
LiveGood launched in 2022 and initially was primarily energetic throughout the US.
In the present day LiveGood recruitment within the US has fully collapsed. LiveGood recruitment has entered the “backside of the barrel” section, scraping gullible victims in third-world international locations.
As of December 2023, SimilarWeb tracked prime sources of LiveGood web site site visitors because the Philippines (14%), Congo (14%), the Netherlands (10%), Russia (8%) and Canada (7%).
You suppose folks within the Congo can’t purchase dietary supplements cheaper regionally? In fact they’ll. What’s occurring is that they’re being recruited right into a $40 after which $9.95 a month pyramid scheme.
Seeing as GreatLife Worldwide solely launched a number of weeks in the past, I take it these figures on their web site carry over from American Dream Vitamin.
82% of the individuals who have bought GreatLife Worldwide services and products have finished in order an Affiliate or buyer.
18% of the individuals who buy GreatLife Worldwide’s services or products achieve this as a result of they joined to be an Affiliate and needed to construct a enterprise and work towards being profitable.
From these two statements we will verify solely 18% of American Dream Vitamin associates have made any cash.
This comes on the expense of the opposite 82% of product/subscription purchases, an unknown share of that are retail prospects.
Seeing as American Dream Vitamin was an autoship recruitment scheme, my cash is on the undisclosed share of retail prospects being negligible.
With retail assured to be close to non-existent in GreatLife Worldwide, we’re left with an apparent pyramid scheme. And that is mirrored in GreatLife Worldwide’s personal advertising and marketing.
$2866.50 Potential 12 Ranges of Life Coach Matrix Pay – Plus $2477.00 (1 product) = $5323.50
If Your Downline Buys 2 Merchandise Every (Dietary or Digital) = $7,780.00
You earn extra in the event that they purchase greater than 1 product, Dietary or Digital
Join as an affiliate, pay charges, proceed to purchase a token product every month and receives a commission to recruit others who do the identical.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
This can see these on the backside of GreatLife Worldwide cease buying a token product every month, that means these above them cease getting paid.
As soon as sufficient folks cease paying, GreatLife Worldwide will collapse.
From LiveGood we will see that any such pyramid mannequin doesn’t collapse . As an alternative, recruitment spreads from nation to nation till every one runs out of potential victims.
Nonetheless, throughout the lifetime of any MLM pyramid, the vast majority of these recruited are assured to lose cash.