Is RegenaLife A Scam? Typical MLM Health Scheme..
Are you thinking about joining RegenaLife and are wondering if it's a scam or pyramid scheme?
If so this post is for you.
Below you'll find everything you need to know about this company including background information, price to join, compensation plan, products and more.
You'll know if this opportunity is right for you by the time you're done.
Price to join: $99 to $549
Do I recommend? No!
Summary: RegenaLife is a MLM company that operates in the health/wellness space and there's many of these kinds of companies around.
Besides that there's many other reasons I wouldn't recommend you joining. The top reason being the success rate is very low and most people will end up losing money here and not making any.
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What Is RegenaLife?
1) What is RegenaLife? RegenaLife is a MLM company in the health market. The company originally was founded in 2008 and was called Regeneration USA. In 2016 the names was switched to RegenaLife.
2) Who heads this company? The CEO is named Ernie Cadiz and he has experience in a variety of fields including energy, telecom and real estate. He's been with the company from the beginning but I couldn't find if he had any experience with MLM's in the past.
3) How do you make money with RegenaLife? Like I mentioned before, this company is a MLM. This means you can sign up as a distributor to sell their products to customers for a commission. You also get rewarded for recruiting people into your downline to sell under you. This may sound good but it's a horrible business model.
4) What products does this company offer? Regenalife offers a wide variety of products ranging from teas, snacks, chocolates and other health products. I'll go more into their products later on.
Is RegenaLife A Pyramid Scheme?
Pyramid schemes are actually illegal and not allowed to operate in basically any part of the world.
If RegenaLife was an illegal pyramid scheme it likely would have been hit by the FTC by now.
Having said that, RegenaLife definitely has elements of a pyramid scheme. To understand what I mean look at the picture below:
That's what part of the commission structure looks like at RegenaLife. This is the part that rewards recruiting and an illegal pyramid scheme would be 100% recruiting with no real product and no other way to make money.
At RegenaLife you can always just sell their products directly to customers without recruiting anyone and there's real products here.
However, ask anyone who makes money with this company and they'll tell you the best way to make a lot is through building a downline.
Success Is Rare With MLM's
MLM's are a horrible business model.
A lot of times the products are luxury products and it's hard to find retail customers. It's even harder to find people to recruit and often times people resort to bothering friends and family.
So where does this all lead to? Most people losing their money instead of making money. According to some studies up to 99% of people lose their money when joining a MLM.
The people that make money tend not to make anything significant either - most just make a couple hundred a month.
If you want to see more eye opening MLM stats, look at the graph below:
As you can see MLM's are just not worth your time and money.
How Much To Join RegenaLife?
RegenaLife is free to join but you need to buy a product pack if you want to take full advantage of the compensation plan - so it's kind of mandatory to buy one.
The prices range on these packs and they go from $99 to $549 and there's a bunch in between those prices.
The amount of products and the overall discount you get on retail sales makes up the difference in packs.
RegenaLife Compensation Plan
MLM's always have really complicated compenstation plans and RegenaLife is no different. If you want to dissect the whole thing yourself, click here.
It's full of graphs and complicated language and you can watch a video presentation on the compensation plan below:
I don't think it's important to know every last detail of the compensation plan and instead I'm going to summarize the most important aspects.
At RegenaLife there's multiple affiliate ranks you can achieve and you go from one rank to another by hitting certain goals - you also get bonuses for getting higher ranks.
In total there's 12 ranks from Active all the way to Black Diamond.
To get to the first rank you have to generate 50 PV (Personal Volume). To get to the next rank you have to generate 50 PV a month and recruit 3 people into your downline.
This goes on and on until you reach the 12th rank. To achieve this rank you have to Generate 50 PV and maintain at least 5 commission eligible affiliates, have another 2,500 affiliates in your downline and maintain three unilevel legs with a Diamond (9th rank) or high rank.
You can sell RegenaLife products directly to customers for a commission and the commission is the difference between the wholesale price you buy the products for and the retail price you sell them for.
Residual commissions is the amount you make off the group sales of your downline. How much you earn and to what level depends on your affiliate rank.
The commission structure here is unilevel and looks like the following:
You can earn up to level 7 here.
There's also many other bonuses you can achieve for hitting certain goals and activity. These bonuses include Rank Achievement Bonus, Fast Start and Infinity Bonus and Check Match Bonus.
These are more important to know about when you're already making money.
Regenalife offers a ton of different products and different categories of products including:
- Cardiovascular support
Their most popular product is their food bars that they claim have anti-aging properties. It looks like the following:
Like all MLM's, the products from this company are definitely over hyped and they are expensive. There's plenty of cheaper alternatives out there for each product.
This may lead to difficulties in selling the products at a retail level for you and your downline.
What I Like About RegenaLife
While I don't recommend that you join this company there's still some things that I like including:
- Been around for a while: Most MLM's fold very fast and don't last more than two years. While there was a name change in 2016 this company has been around for 11 years which is pretty good for a MLM. This company most likely is not going anywhere anytime soon.
- A lot of different products: Most MLM's have one or two flagship products and that's all you really have to work with. RegenaLife has hundreds of products that you can sell.
What I Don't Like About RegenaLife
There's more here that I don't like than do like and the main things I dislike are:
- Low chance of success: RegenaLife, like all MLM's, will have more people lose money than make money. It's just the way the MLM game works.
- Focus on recruitment: Despite there being a lot of products offered at RegenaLife there really isn't a big focus on retail. Instead the main focus is on recruitment which leads to most people failing.
- Crowded market: What separates RegenaLife products from other health products? Nothing really and that's a problem. They aren't cheaper or better quality and this means you'll have a hard time selling.
- Bothering friends and family: A lot of people end up trying to sell to and recruit family members and friends. This can sour close relationships which just isn't worth it.
Is RegenaLife A Scam?
I don't think RegenaLife is a scam but I do think it's a bad business opportunity.
There's definitely scammy aspects just like there's pyramid scheme aspects without being an outright pyramid scheme.
Chances are you'll lose your money or make very little but at the end of the day there's a compensation plan that rewards certain activity and real products to sell.
A very small minority make a killing and make a life changing amount of money. 99.99% don't, though.
I personally would stay away.
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