Health Info: MonaVie Review

If you are looking to join Monavie, to realize your financial dream but not sure if this is a Scam or Real Opportunity, this report will help you to make a sound decision on the company and the probability of achieving your Financial Freedom, working from the comfort of your home.

Launched in January 2005, MonaVie is a nutritional company distributing beverage products made from blended fruit juice concentrates with freeze dried acai(pronouced as "Ah Sight EE") powder and puree through a Multi Level Marketing (MLM )Busines Model.

MonaVie juice was first launched by Monarch Health Sciences, a MLM distributor of diet and weight loss supplements. Later Dallin Larsen, a Finance graduate from Brigham Young University and founder of Monarch Health Sciences started MonaVie LLC, which took over the manufacturing and distribution of the MonaVie Product.

In September 2009, Monavie, Inc. was ranked eighteenth on Inc. magazine’s 500/5000 ranking of the fastest-growing private companies (based on claimed revenue from 2005 to 2008) in the United States. However, as a privately held company, MonaVie is not required to publish financial data, making such claims difficult to judge.

Product

The MonaVie product range includes bottled juices, MonaVie Original, Active, Pulse, and M (mun) in addition to gel pack versions of these products and an energy drink, EMV.

MonaVie Fruit Beverage, the first of its product claims to offer strong anti-oxidant protection against free radicals and other health benefits. Users with testimonies have stated the drink to help in improving their health condition although scientific support are still not comprehensive in the health benefits of this product.

Compensation Plan

There are 9 level of bonuses with MonaVie Distributors.

The first 4 levels are the retail bonus where you get remunerated for selling or when your downline made purchases. Firstly you make profit from purchasing the products at wholesale price and sell at retail price of your choice. If you enroll your customer as a preferred customer, their purchase will be counted for your Personal Volume(PV). The next 3 bonuses include the Top Retail Bonus, Bulk Order Bonus and First Order Bonus, these are one time bonus or when your downline placed a bulk order.

Star Bonus, is where you have recruited 2 distributors personally, you get to earn up to $40 from their sales.

Team Bonus, this is awarded to the team that has 500PV per week, limited to $10,000 per week.

Executive Check Match Bonus, paid to you for the first $2,500 of the team bonuses paid to your downlines.

Lastly there are Leadership Bonus and Multiple Business Centers, these are the Blue Diamond Executives level and above bonus where you could be compensated upto 2.5% of the company total Group Volume.

According to the Monavie US 2009Mid Year income disclosure statement, it shows that about 50% of the company’s distributors earned an annualized average check of less than $1,300, and 35% took home about $1,800; approximately 1.5% earned an annualized average check of more than $29,000, and just 7 out of 92,000 distributors took home more than $3 million.

Marketing Plan

There appears to be no standard marketing plan for the distributors.

However comments from the MonaVie distributors seems to suggest that their marketing plan to be "Tell all your friends about this Wonder Juice" Concept: this is the Secret Formulated Juice which will solve many of your health problem, drink it and be well, by the way do you want to be a distributor too to enjoy the wholesale price?

Well this is a traditional strategy for many years and would continue to work well for a very Small percentage of network marketers, as stated in the Income Disclosure Statement, about 1.5% or less.

If you like product parties, hotel meetings, home presentations, recruiting friends and families, and cold calling, this marketing plan could fit you, but do take note that this strategy could take 3-5 years to implement successfully and realize your dream.

Is this legitimate?

This company has been around for a five years and it is a legitimate business opportunity, although the products appear to be overpriced without much scientific support, many consumers or users have testimonies about it improving their health and well being. The compensation plan is generous and geared toward product retailing as well as sponsorship of distributors downline.