GeneWize Life Sciences Review – A Breakthrough In DNA Nutrition & Skincare Or Just Marketing Hype?
Posted on 19. Feb, 2010 by Keith O'Brien in MLM Reviews
GeneWize Life Sciences is the direct marketing arm of GeneLink, Inc, a public biotech company based just outside of Orlando, Florida. GeneLink has spent the last 15 years doing some really interesting DNA research and have numerous patents and patents pending on everything from DNA testing kits to which genes they actually test for a specific purpose.
GeneLink launched GeneWize on August 1, 2008 to a room full of about 1,500 affiliates representing nearly 5,000 affiliates who joined during prelaunch.
So the question everyone asks is…is the product for real?
Can they actually make individually customized vitamins and skin care at affordable prices?
The answer is yes.
GeneWize has developed a brilliant manufacturing process that works a lot like the machine over at Home Depot for making custom paint for your house. Your personal ingredient list gets inputted, it gets turned into an algorithm, and the machine spits out a vitamin, mineral and enzyme combination that is made just for you. The process is just like that for skin care too.
It really is incredible if you think about it.
Okay, so the product rocks…what about the money?
GeneWize choose the most popular version of what I will call the “new breed of compensation plans.” Essentially, it’s a binary with a check match. There are some other goodies in there too, but those are the essential ingredients.
What this means is that you build a binary, two-team organization. You are paid off the team that does less volume. However, with the check match, you will earn a matching bonus on anyone you personally enroll, regardless of where they fall in the binary. You earn these matching bonuses down 4 levels of personally sponsored affiliates.
At the top level, you can earn 40% of someone’s check. If you help someone make $5,000/mo, you will earn a $2,000 bonus…and that is just for that one affiliate.
This is the real power of these binary check matches. You won’t get rich on your team bonus, but the check match can represent some huge income over time.
At the end of the day, every company has a cap on how much they will pay out. Where the company pays it is the question. With the way this comp plan is structure, GeneWize had clearly decided to pay on the middle and top end. This means that the plan leans towards top producers.
GeneWize is a solid company; there is no question about that. They have a solid compensation plan; that is easy to see. If you do some research, you’ll also find they have revolutionary products as well.
But now what?
How are you going to market your business/product?
Trade shows? Networking events? Family? Friends?
All of these methods have potential, but what if you really learned how to market like a pro?
What if you learned how to position yourself and your company so that you only talk to people who wanted to talk with you?
Every business needs an effective marketing plan. It’s the fuel that makes a business work. Making a list of the top 200 people may work for some, but certainly not everyone.
If you really want to build a long term, successful, profitable business with GeneWize, you absolutely must learn a few fundamental marketing tactics that will separate you from the masses.
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