RenovoVita launched final month and operates within the dietary complement MLM area of interest.
The corporate is headed up by co-founders Brent Payne, Linda Baer and Eddie Asiano.
Brent Payne first popped up on BehindMLM’s radar as co-founder of Liberty League.
After a 9 12 months run, Liberty League collapsed in mid 2009.
Payne returned in mid 2010 with the launch of Avant, basically his personal spin on a Liberty League reboot.
Avant did not seize the traction of Liberty League. In 2012 Payne switched gears and launched Actual Property Worldwide.
That was the final Brent Payne enterprise we reported on. His RenovoVita company bio continues on to VIM.
As per VIM’s web site, the corporate seems to be a return to the non-public growth MLM area of interest.
Individuals younger and previous are sometimes drawn to VIM hoping to discover a answer.
That’s excellent, as a result of the good factor is, WE’RE OFFERING THE SOLUTION.
On the time of publication VIM’s web site is unranked by Alexa, suggesting the chance has long-since run its course.
Linda Baer is touted as RenovoVita’s “medical marvel”. She is a co-founder of VIM.
So far as I can inform, that’s Baer’s solely MLM govt expertise. Exterior of MLM Baer’s RenovoVita company bio talks her up as a “self-made millionaire” with a historical past within the medical career.
The one hyperlink I might discover between Eddie Asiano and the MLM trade was Wealth Masters Worldwide.
Asiano’s RenovoVita company bio describes him as an “Emmy-Award successful tv producer and documentary movie director”.
Learn on for a full overview of RenovoVita’s MLM alternative.
RenovoVita’s Merchandise
RenovoVita markets a variety of dietary dietary supplements with a give attention to anti-aging.
- With-N – “Gradual the results of getting old. Even reverse them, all whereas growing your life span of wholesome dwelling”, retails at $139.97 for a bottle of 60 capsules
- Virg-N – “youth activation serum”, retails at $99.97 for a 1 fl. oz. bottle (30 ml)
- Zero-N – “mind well being components”, retails at $49.97 for a bottle of 60 capsules
RenovoVita’s Compensation Plan
RenovoVita’s compensation plan has a wholesome give attention to buying and promoting merchandise to retail prospects.
Residual commissions are paid out through a five-level deep unilevel group, expanded through a Era Bonus.
RenovoVita’s Affiliate Ranks
There are 13 affiliate ranks inside RenovoVita’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a RenovoVita affiliate and generate 300 PV a month
- Degree 1 Bronze – preserve 300 PV and 800 GV a month
- Degree 2 Bronze – generate 400 PV and 1200 GV a month
- Degree 3 Bronze – generate 500 PV and 2000 GV a month
- Degree 1 Silver – generate 600 PV and 3500 GV a month and have one unilevel group leg producing 1000 GV a month or extra
- Degree 2 Silver – generate 700 PV and 600 GV a month and have one unilevel group leg producing 1500 GV a month or extra
- Degree 3 Silver – generate 800 PV and 10,000 GV a month and have one unilevel group leg producing 2000 GV a month or extra
- Degree 1 Gold – generate 800 PV and 17,000 GV a month and have three unilevel group legs with one Degree 1 Silver or larger ranked affiliate in every
- Degree 2 Gold – preserve 800 PV a month, generate 30,000 GV a month and have three unilevel group legs with one Degree 2 Silver or larger ranked affiliate in every
- Degree 3 Gold – preserve 800 PV a month, generate 60,000 GV a month and have three unilevel group legs with one Degree 3 Silver or larger ranked affiliate in every
- Platinum – preserve 800 PV a month, generate 120,000 GV a month and have three unilevel group legs with one Degree 1 Gold or larger ranked affiliate in every
- Double Platinum – preserve 800 PV a month, generate 240,000 GV a month and have three unilevel group legs with one Degree 2 Gold or larger ranked affiliate in every
- Triple Platinum – preserve 800 PV a month, generate 500,000 GV a month and have three unilevel group legs with one Degree 3 Gold or larger ranked affiliate in every
PV stands for “Private Quantity” and is gross sales quantity generated by retail gross sales and an affiliate’s personal orders.
Be aware that for rank PV necessities, as much as 300 PV is counted from affiliate orders. Any remaining quantity should be retail buyer orders.
GV stands for “Group Quantity” and is the sum complete PV generated by an affiliate and their downline.
Be aware that for rank GV necessities, as much as 50% of required GV can come from anyone unilevel leg.
Retail Commissions
RenovoVita associates earn a 25% fee on gross sales quantity generated by retail buyer orders.
For most popular prospects (retail prospects on autoship), the retail fee charge is dropped to fifteen%.
If a RenovoVita affiliate generates 500 PV or extra a month, they qualify for a Private Gross sales Fee bonus:
- generate 500 to 2499.99 PV a month and obtain a 5% Private Gross sales Fee
- generate 2500 to 3999.99 PV a month and obtain a ten% Private Gross sales Fee
- generate 4000 to 5999.99 PV a month and obtain a 12% Private Gross sales Fee
- generate 6000 or extra PV a month and obtain a 15% Private Gross sales Fee
Quick Begin Bonus
The Quick Begin Bonus is a retail and recruitment mixed bonus.
To qualify for the Quick Begin Bonus a RenovoVita affiliate should
- make two $100 or extra gross sales to retail prospects; and
- recruit two associates who every enroll with an All-N bundle.
If the above qualification is met inside a RenovoVita affiliate’s first sixty days, they obtain a $100 bonus.
Be aware that there isn’t any restrict to what number of occasions a RenovoVita affiliate can qualify for the Quick Begin Bonus throughout the sixty day interval.
Lastly, a bonus $100 is paid out every time a personally recruited affiliate qualifies for the Quick Begin Bonus (topic to the sixty day qualification interval).
Residual Commissions
RenovoVita pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
RenovoVita caps payable unilevel group ranges at 5.
Residual commissions are paid out as a share of gross sales quantity generated throughout these 5 ranges as follows:
- Associates earn 2% on degree 1 (personally recruited associates)
- Degree 1 Bronzes earn 3% on degree 2
- Degree 2 Bronzes earn 5% on degree 2
- Degree 3 Bronzes earn 6% on degree 1 and a pair of% on degree 2
- Degree 1 Silvers earn 7% on degree 1 and three% on degree 2
- Degree 2 Silvers earn 8% on degree 1, 4% on degree 2 and a pair of% on degree 3
- Degree 3 Silvers earn 8% on degree 1, 5% on degree 2, 3% on degree 3 and a pair of% on degree 4
- Degree 1 Golds earn 8% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4 and a pair of% on degree 5
- Degree 2 Golds earn 8% on degree 1, 7% on degree 2, 5% on degree 3, 4% on degree 4 and three% on degree 5
Era Bonus
The Era Bonus extends unilevel group degree commissions past 5 ranges.
RenovoVita defines a technology when a Degree 3 Silver or larger ranked affiliate is present in a unilevel group leg.
This affiliate caps off the primary technology for that leg, with the second starting instantly thereafter.
If a second Degree 3 Silver or larger ranked affiliate is discovered deeper within the leg, they cap off the second technology.
If no such affiliate exists, the second technology extends down the complete depth of the leg.
Utilizing this generational construction, RenovoVita associates are capable of earn on as much as 5 generations per unilevel group leg:
- Degree 2 Golds earn 2% on one technology
- Degree 3 Golds earn 3% on the primary technology and a pair of% on the second
- Platinums earn 3% on the primary and second generations and a pair of% on the third
- Double Platinums earn 3% on the primary to 3rd generations and a pair of% on the fourth
- Triple Platinums earn 3% on the primary to fourth generations and a pair of% on the fifth
Rank Achievement Bonus
RenovoVita rewards associates for qualifying on the Degree 3 Bronze and Silver ranks and better as follows:
- qualify as a Degree 3 Bronze and obtain $100
- qualify as a Degree 3 Silver and obtain $500
A 100% matching bonus can be paid when personally recruited associates qualify at Degree 3 Bronze and better.
Becoming a member of RenovoVita
RenovoVita don’t disclose affiliate membership prices on their web site.
A part of the compensation plan refers to going “all-n” (all-in), which seems to be signing up with a purchase order of all three of RenovoVita’s merchandise.
Once you add a product to your RenovoVita purchasing cart, you’re capable of choose “all-n”. This offers a retail worth of $289.91 transport inclusive.
I can’t say for positive however that is more likely to be a ballpark determine for a way a lot signing up as an “all-n” RenovoVita prices.
Conclusion
RenovoVita do a fairly good job of presenting their merchandise and compensation plan in a transparent and concise method. Sadly that is let down by not disclosing affiliate membership prices.
Because it stands RenovoVita presents an affiliate signup web page with no prices disclosed. That is anti-consumer and needs to be remedied.
With respect to RenovoVita’s merchandise, so the story goes (paraphrased from their web site);
Individuals unknown have been crusing round in a non-public yacht throughout the British Virgin Islands.
After tying up, they climbed a rock and located a hermit crab. One thing one thing RenovoVita’s launch.
I’m not making this up.
I gained’t low cost the essential of promoting… however uh, yeah.
Replace twenty seventh November 2020 – Sadly RenovoVita has eliminated the hermit crab origin story from their web site (beforehand linked to above).
It’s been changed with an extremely bland paragraph about scientists engaged on “one thing large”. /finish update
Transferring onto RenovoVita’s merchandise, the important thing ingredient behind the flagship With-N complement is nicotinamide mononucleotide (NMN).
In August 2019 a study involving aged mice and examination of their aortas confirmed promise.
As of February 2020, the one examine performed on people confirmed no antagonistic side-effects.
RenovoVita claims NMN is a “celebrity molecule” that has “highly effective age reversing properties”.
With-N accommodates 200 mg of NMN per serving and retails at $139.97 for a bottle of thirty servings.
Amazon has itemizing for NMN dietary supplements beginning at $39.95 for a bottle of 30 capsules @ 250 mg a serving (15 servings per bottle so an ~$80 equal).
One other model is priced at $75.83 for a bottle of thirty 300 mg servings.
Be aware that that is only for NMN. With-N does include extra energetic components comparable to CoQ10, PQQ and SuperOxide Dismutase.
I’ll depart it as much as you to analysis whether or not the additional price is value it. RenovoVita’s different two merchandise also needs to be in comparison with what’s accessible regionally and on-line.
Transferring onto the compensation plan, RenovoVita’s MLM alternative is fairly nicely balanced between retail and recruitment.
Private PV is capped at 300 PV, requiring as a lot as 500 PV in retail gross sales throughout RenovoVita’s higher ranks (Degree 3 Silver and better).
This ensures affiliate’s aren’t simply self-qualifying for commissions through autoship and ensures retail gross sales company-wide.
Even the Quick Begin Bonus, usually a recruitment targeted bonus, has a retail component baked in. Nice to see.
I did assume the Rank Achievement Bonus was somewhat underwhelming however given the product worth margins, acceptable.
All in all RenovoVita is a fairly targeted MLM providing focusing on the anti-aging area of interest.
There aren’t any evident crimson flags within the compensation plan so it’ll come right down to retail product reception and carving out a long-term market.
RenovoVita’s merchandise aren’t prohibitively priced so it’s in all probability value having a test-run for a couple of months earlier than committing to the enterprise.
All-N at $289.91 a month off the bat although is perhaps a bit dear.
Good luck!