Summary of "Join Livegood - LiveGood Affiliate Program ~ FULL Presentation"
The video presents a comprehensive overview of LiveGood, a rapidly growing subscription-based wholesale membership club launched globally in December 2022. The core concept revolves around offering high-quality, organic, and affordable health and wellness products at wholesale prices through a membership model, with revenue primarily generated from membership fees rather than product sales. This model allows LiveGood to provide significant consumer savings while sharing membership revenue with affiliates.
Key Business Trends and Market Analysis:
- Subscription Model Popularity: LiveGood leverages the proven success of subscription/membership business models (similar to Amazon Prime, Netflix, Costco) to create stable, recurring revenue.
- Rapid Growth: LiveGood has surpassed 1 million members in just over a year, demonstrating viral growth and strong market acceptance.
- Transparency and Leadership: The company’s leadership, including CEO Ben Glinsky and directors Ryan and Lisa Goodkin, maintain transparency through frequent live streams and clear communication of vision and progress.
- Product Strategy: Starting with organic health and wellness products, including supplements and essential oils, LiveGood plans to expand into a wide range of product categories, aiming to become a one-stop wholesale superstore.
- Competitive Pricing: Products are priced significantly lower than competitors due to the membership revenue model, with a 90-day money-back guarantee enhancing consumer trust.
- No Product Selling Requirement: Affiliates are not required to buy or sell products, focusing instead on sharing memberships.
Financial and Compensation Plan Overview:
LiveGood offers a multi-faceted compensation plan with seven distinct earning methods:
- Weekly Fast Start Commissions:
- Affiliates earn 50% ($25) on each new affiliate sign-up ($49.95).
- Earnings extend multiple levels deep as affiliates rank up (Bronze to Diamond), allowing commissions on indirect referrals.
- Matrix Commissions:
- Affiliates earn monthly residual income from a 2x2x2x2 matrix structure.
- Full matrix (8,192 people) can generate up to $2,047 monthly for unranked affiliates, scaling up to $166,000 monthly at Diamond rank.
- Income is residual and depends on team growth.
- Matching Bonuses:
- Affiliates earn 50% of the matrix earnings of their personally enrolled members.
- This generational matching pay extends unlimited depth, increasing with rank.
- Retail Commissions:
- Earnings from non-member retail sales, with affiliates earning at least 50% of the difference between retail and member pricing.
- Customer Acquisition Bonus:
- Weekly bonus of 10% on the first product order of personally enrolled members.
- This bonus also extends multiple levels deep.
- Influencer Bonuses:
- Additional bonuses for affiliates or team members who actively promote products on social media platforms like TikTok, Instagram, and Facebook.
- Diamond and Crown Diamond Bonus Pools:
- Diamond rank affiliates share 2% of total company sales monthly.
- Crown Diamonds share an additional 0.5%, totaling 2.5%.
Ranking System:
- Bronze: Enroll 2 people.
- Silver: 10 active personal enrollments or 3 Bronzes with a total team of 20.
- Gold: 30 active personal enrollments or 3 Silvers with a total team of 100.
- Platinum: 100 active personal enrollments or 3 Golds with a total team of 500.
- Diamond: 3 Platinums with a total team of 2,500.
- Crown Diamond: Total team of 50,000 with no more than 10,000 from any single enroller leg.
Methodology / Steps to Join and Earn:
- Join as a member for $9.95/month or as an affiliate for $40 one-time plus $9.95/month.
- Share the membership link to earn fast start commissions.
- Build and support your team to grow your matrix and increase residual income.
- Rank up by enrolling members and helping your team grow.
- Leverage social media and influencer bonuses if applicable.
- Benefit from matching bonuses and bonus pools as you advance in rank.
Presenters / Sources:
- Natalie (presenter of the video)
- Trevor (Natalie’s diamond upline, co-creator of the presentation)
- Ben Glinsky (CEO)
- Ryan and Lisa Goodkin (Directors of Product Development and Education)
- Nadak Kazan (Director of Network Marketing)
The presentation emphasizes the unique subscription revenue sharing model, the potential for significant residual income, the company’s rapid growth, and the opportunity for early adopters to capitalize on this emerging business.
Category
Business and Finance