BehindMLM first reviewed Immunotec in 2013.
As per reader request we queued Immunotec for a overview replace again in February.
Right now we’re revisiting Immunotec for an up to date overview to see what’s modified.
The Firm
Immunotec launched in 1996 with a spread of glutathione centered dietary dietary supplements.
Circa 2013 the corporate was headed up by CEO Charles L. Orr, aka Charlie Orr.
In 2017 Immunotec was partially offered off to Immuno Holding, a Mexican asset supervisor run by Mauricio Domenzain in partnership with Nexxus Capital.
If I’m understanding appropriately, the Immuno Holding sale took place following two Immunotec founding shareholders eager to money out.
The settlement reached with Immuno Holding concludes a strategic overview course of that was initiated by Immunotec in response to the will expressed by Charles Roberts and Dieter Beer, two of its founding shareholders, to monetize their pursuits within the Firm as half their private property planning whereas making certain that the brand new house owners possess the assets and expertise required to drive the Firm’s continued development sooner or later.
Mr. Roberts will stay as Chairman Emeritus of Immunotec and Mr. John Molson, who can also be a founding shareholder, will proceed as a key member of the chief workforce, serving to make sure the continuity of the R&D tradition initially established by Dr. Gustavo Bounous and Dr. Patricia Kongshavn.
These founding shareholders, who created Immunotec in 1996, personal or management an combination of 58.5% of the excellent Shares.
The Immuno Holding deal noticed Immunotec go from a Canadian publicly traded firm to non-public possession.
The 2017 settlement with Immuno Holding noticed Mauricio Domenzain change Charles Orr as Immunotec’s CEO.
Mauricio Domenzain (proper) is reported to have an MLM historical past previous to Immunotec…
Mr. Domenzain is a former prime govt of a outstanding international direct promoting firm, with related experience within the Mexican and US markets and a ardour for the community advertising business.
…however I used to be unable to confirm this. A Google seek for “Maurico Domenzain” and “multilevel marketing” previous to 2017 returns no related outcomes.
Immunotec doesn’t present a company deal with on its web site. On LinkedIn Immunotec represents it’s primarily based out of Texas within the US.
Immunotec’s Merchandise
Immunotec market a spread of dietary supplements focusing on immune help, every day wellness, wholesome ageing, weight administration, sports activities efficiency, stress and temper, mind well being and sleep and restore.
Immunotec’s merchandise have a concentrate on glutathione, which the corporate states
enhances your immune system, is a key detoxing enzyme, supplies mobile vitality and acts as your physique’s grasp antioxidant.
Immunotec’s flagship product is Immunocal, which is available in plenty of varieties:
- Immunocal – “an all-natural protein with the very best organic worth of any edible protein, and clinically confirmed to boost glutathione ranges”, retails at $112 for a field of 30 single-serve pouches
- Immunocal Platinum – “provides a complete resolution for selling wholesome ageing”, retails at $164 for a field of 30 single-serve pouches
- Immunocal Help – “superior method is designed to optimize immune and cardiovascular well being whereas enhancing general bodily efficiency”, retails at $169 for a field of 30 single-serve pouches
- Immunocal Booster – “made with greater than 50 vegetables and fruit”, retails at $81 for a field of 30 single-serve sachets
- Immunocal Booster Power Efficiency – “the clear, fast-acting, wholesome vitality you’ve been looking for”, retails at $85 for a field of 30 single-serve sachets
The remainder of Immunotec’s complement vary may be considered on their web site with cataloged retail pricing.
Immunotec’s Compensation Plan
Immunotec’s compensation plan pays on retail gross sales and product orders from recruited associates.
Immunotec Affiliate Ranks
There are seven affiliate ranks inside Immunotec’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as an Immunotec affiliate
- Affiliate – generate 400 PV in a month after which 180 PV a month after which 400 PV a month to keep up
- Enterprise – generate 400 PV and 2000 GV in a month after which 400 PV a month to keep up
- Silver – recruit and keep three Enterprise or greater ranked associates, keep 400 PV a month and generate 6000 QTOV a month (max 2700 QTOV per recruitment leg)
- Gold – keep three personally recruited Enterprise or greater ranked associates, generate 600 PV and 30,000 QTOV a month (max 13,500 QTOV per recruitment leg)
- Diamond – recruit and keep 4 Enterprise or greater ranked associates, keep 600 PV a month and generate 125,000 QTOV a month (max 2700 QTOV per recruitment leg)
- Govt Diamond – keep 4 personally recruited Enterprise or greater ranked associates, keep 600 PV a month and generate 500,000 QTOV a month (max 225,000 QTOV per recruitment leg)
- Platinum – keep 4 personally recruited Enterprise or greater ranked associates, keep 600 PV a month and generate 1,500,000 QTOV a month (max 675,000 QTOV per recruitment leg)
PV stands for “Private Quantity”. PV is calculated because the sum whole of an affiliate’s referred retail product orders and their very own private orders.
GV stands for “Group Quantity”. Immunotec defines GV as an affiliate’s personal PV and that of their personally recruited associates who haven’t certified at Affiliate or greater but.
QTOV stands for “Qualifying Whole Group Quantity”. Immunotec defines QTOV as PV generated by an affiliate and their downline.
Retail Commissions
Immunotec pays a 5% to 30% fee on retail buyer orders.
Buyer Quantity Bonus
Immunotec’s Buyer Quantity Bonus pays on retail gross sales quantity generated every month:
- refer and keep two energetic retail clients, generate 1000 to 1999 PV in retail gross sales quantity and obtain a 5% bonus on the quantity
- refer and keep 4 energetic retail clients, generate 2000 to 2999 PV in retail gross sales quantity and obtain a ten% bonus on the quantity
- refer and keep six energetic retail clients, generate 3000 or extra PV in retail gross sales quantity and obtain a 20% bonus on the quantity
An energetic retail buyer is a retail buyer who has positioned an order up to now month.
Enterprise Builder Bonus
Immunotec’s Enterprise Builder Bonus is a recruitment bonus on orders positioned by recruited associates inside their first month:
- recruit one affiliate in a month and obtain a 5% Enterprise Builder Bonus
- recruit two associates in a month and obtain a ten% Enterprise Builder Bonus
- recruit three or extra associates in a month and obtain a 20% Enterprise Builder Bonus
Word that autoship orders are excluded from the Enterprise Builder Bonus.
Residual Commissions
Immunotec pays residual commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
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.
Immunotec caps payable unilevel workforce ranges at eight.
Residual commissions are paid as a proportion of gross sales quantity generated throughout these eight ranges primarily based on rank:
- Associates earn a 5% fee on degree 1 (personally recruited associates)
- Ventures earn a 5% fee on ranges 1 to three
- Silvers earn a 5% fee on degree 1, 10% on degree 2 and 5% on ranges 3 and 4
- Golds earn a 5% fee on degree 1, 10% on degree 2 and seven% on ranges 3 to five
- Diamonds earn a 5% fee on degree 1, 10% on degree 2 and seven% on ranges 3 to six
- Govt Diamonds earn a 5% fee on degree 1, 10% on degree 2, 7% on ranges 3 to six and a pair of% on degree 7
- Platinums earn a 5% fee on degree 1, 10% on degree 2, 7% on ranges 3 to six and a pair of% on ranges 7 and eight
Rank Achievement Bonuses
Immunotec rewards associates for qualifying at Silver and better with the next Rank Achievement Bonuses:
- qualify at Silver and obtain $200 ($400 if certified for inside first two months)
- qualify at Gold and obtain $500 ($1000 if certified for inside first 4 months)
- qualify at Diamond and obtain $2500 ($5000 if certified for inside first eight months)
- qualify at Govt Diamond and obtain $5000 ($20,000 if certified for inside first twelve months)
- qualify at Platinum and obtain $10,000 ($100,000 if certified for inside first twenty-four months)
Word that time-specific Rank Achievement Bonuses are paid out in month-to-month installments (as much as six months for Platinum).
Rank should be maintained at some stage in time-specific qualification with a view to hold receiving the upper Rank Achievement Bonus every month.
Lastly, an upline matching Rank Achievement Bonus can also be paid out:
- personally recruited affiliate qualifies at Gold = $250 bonus ($500 time-specific)
- personally recruited affiliate qualifies at Diamond = $1000 bonus ($3000 time-specific)
- personally recruited affiliate qualifies at Govt Diamond = $2500 bonus ($7500 time-specific)
- personally recruited affiliate qualifies at Platinum = $10,000 bonus ($35,000 time-specific)
Word that the recruiting affiliate should be on the identical or greater rank than what’s being certified for (e.g. your recruit qualifies at Gold, you could be Gold or greater).
If the recruiting affiliate isn’t rank certified, the matching Rank Achievement Bonus passes upline to the primary rank-qualified affiliate.
Senior Platinum Bonus Pool
Immunotec takes 0.5% of company-wide gross sales quantity and locations it into the Senior Platinum Bonus Pool.
Platinum and better ranked associates qualify for shares within the pool when downline associates qualify at Platinum:
- personally recruited affiliate qualifies at Platinum = 1 share
- second degree unilevel workforce affiliate qualifies at Platinum = 0.75 share
- third degree unilevel workforce affiliate qualifies at Platinum = 0.5 share
- fourth degree unilevel workforce affiliate qualifies at Platinum = 0.25 share
No shares are awarded for Platinum associates from the fifth degree of the unilevel workforce.
Becoming a member of Immunotec
Fundamental Immunotec affiliate membership prices $36.
The next product pack affiliate membership choices are additionally accessible:
- Professional Pack – $151
- Immunity Enhance Starter Pack – $309
- Well being BBB Starter Pack – $309
- Professional Pack – $483
- Immuno Well being BBB – $485
- Shake It Up Starter Pack – $599
- Temper & Immunity Starter Pack – $599
- Well being Booster Efficiency – $599
- Important Starter Pack – $1299
- Whole Wellness Starter Pack – $1299
- Professional Pack – $1523
Iummunotec Conclusion
Aside from some value changes, a field of Immunotec climbing to $112 from $99, not lots has modified at Immunotec since 2013.
That’s arguably a great factor, because it suggests Immunotec has been and is on to one thing.
That mentioned, glutathione dietary supplements are in every single place and Immunotec’s merchandise do really feel a bit overpriced. Positive, you would possibly miss out on some proprietary blends but when glutathione is the energetic ingredient you’re searching for, positively store round to match.
Addressing particular critiques in BehindMLM’s authentic Immunotec overview:
- retail commissions at the moment are correctly outlined as precise front-end gross sales to retail clients;
- autoship focus is doubtlessly nonetheless an issue; and
- potential stock loading remains to be an issue
Stock loading is most evident in Immunotec’s enroll choices. The corporate reminds potential associates that ” Enterprise Consultants require no less than 2,000 PGV (Private Group Quantity).”
To that finish Immunotec markets its affiliate enroll packs as a technique to “kick begin what you are promoting and maximize financial savings.” I is perhaps studying into the wording however does anybody actually need twenty-seven containers of Immunotec merchandise to get began?
On that word, Immunotec’s PV necessities are noticeably greater than what I’m used to seeing. 400 PV a month begins on the second rank, Affiliate, and climbs to 600 PV for the upper ranks.
That is each good and dangerous. It’s good if an Immunotec is qualifying every month primarily by means of retail gross sales (that’s comparatively a whole lot of retail gross sales quantity to keep up).
It’s dangerous if Immunotec associates are qualifying on PV primarily by means of their very own orders.
For his or her half Immunotec does nothing to discourage stock loading. The easy repair is baking in mounted retail quantity quantities into the required PV. At 400 PV this may very well be a minimal of 300 PV in retail quantity.
Immunotec haven’t executed this within the a long time the corporate has been round for. This undermines any perceived concentrate on retail gross sales.
That leaves us with autoship recruitment, which was a priority over a decade in the past.
Aside from that, most of what I wrote about Immunotec again in 2013 nonetheless applies at this time. In reality it’s exhausting to not simply copy and paste our 2013 overview conclusion right here.
To sum up;
- have a sniff round on what your glutathione complement choices are;
- examine together with your potential upline as to how they’re assembly their month-to-month PV requirement (personal orders = dangerous, retail gross sales = good); and
- don’t fall into the “greater order = qualify for commissions and bonuses” lure once you enroll.
If you happen to’re uncertain you’ll be capable of qualify for Affiliate off the bat, that’s OK. It’s a part of what constructing an MLM enterprise is about.
Set a purpose of 400 PV a month and restrict your self to not more than 100 to 200 PV a month to your personal order(s). See the way you’re doing after three months and consider.
Good luck!