This review is all about the Stemtech MLM business. Do you want to know if it is legit or just a scam? Are you curious if you can really earn from this opportunity? Well, I suggest that you read this review in order to learn more about it.
Company Name: Stemtech
Owner: Christian Drapeau and Ray Carter
Price to Join: $199 – $3000
My Rating: 6.9 out of 10.0
What is the Stemtech MLM?
Stemtech is a multi-level marketing company that sells stem cell nutrition products. The company says that their products help in supporting the performance of your own stem cells.
Each product of the company serves a different purpose like StemFlo, which is for protecting your cardiovascular system from oxidative damage and promoting healthy aging. After years of research this company was finally launched last 2005 with a single product. By the way, the founders of this company are Christian Drapeau and Ray Carter.
In this review, I will take a closer look at this company and try to determine whether this is a scam or not. This is based on my honest research about it. I recommend that you read the entire review before thinking about joining this company.
How Does Stemtech Work?
Just like any other multi-level marketing company, they allow you to make money by becoming a distributor. After joining, you will be known as an Independent Business Partner and will have the freedom to work as much as you want.
So let us take a look at the rewards and bonuses that you can earn from this company.
Team building is an important part of any MLM company. This company will pay you every time someone you personally enroll buys a TeamBuilder pack.
The TeamBuilder program pays up to $200 with each $315 TeamBuilder pack enrollment. You will not earn the entire $200 and the amount you can earn is around $150 at the most. The Enroller bonus is $50 only.
This bonus pays 7% on the orders of all business partners up to seven levels deep. It is only paid on the first 100 business volume of all orders per Independent Business Partner or Retail Customer per month. You will earn on more levels as you qualify for the higher ranks.
When you qualify for the highest ranks, you will be paid Infinity Bonus between 1%-3% on levels below your seventh level.
LIFESTYLE LEADERSHIP BONUS
This bonus is just another way of earning through your downline. It pays 3%-10% on all orders with business volume over 100. You are paid with generational bonuses of 3%-10% up to six generations and after the sixth generation you can earn Lifestyle Infinity Bonuses in the range of 1%-3%.
Like the Prosperity Bonus you will have to qualify for the higher ranks to earn a higher amount of bonus.
The company also pays a monthly vehicle bonus to all those who qualify. It is paid on the basis of qualifying for Director or higher ranks and having the required autoship related qualifications.
You can earn this bonus in the range of $150-$1,200 per month depending on the qualifications. Only VIP customers and your personally enrolled partners will be considered for autoship related qualifications.
There is one more way of earning money that is mentioned on their website and that is the VIP Customer Program. I could not find the percentage of commission that they pay for retail sales to customers and it is quite surprising because that is normally the first thing an MLM company clarifies.
They pay up to 30% of the business volume of your personally enrolled VIP customer orders so the percentage of retail sales from normal customers should be around this number.
There are requirements like maintaining 50 personal volume per month to stay active. You can only earn from team related bonuses for not more than 50% from any one leg. I must say that the compensation plan is difficult to understand and it will not favor the majority of distributors.
How Much Does It Cost to Join?
There are many packages that you can choose from if you decide to join in Stemtech. Here are the packages and their prices.
RCM Wellness Pack: $199
RCM Business Pack: $399
TeamBuilder Pack: $320
ProRetailer Pack: $2,300
Director Pack: $3,000
You might have to pay additional money for yearly license renewal. Obviously, you will also have to pay for the products to meet the qualifications and climb the higher ranks.
How Much Can I Earn?
I could not find a single Income Disclosure Statement published by the company even though it has existed for so many years. This is not a positive sign because it may mean that the company has something to hide.
Most people fail in MLM companies, but I think that people will have a even lower success rate with this one.
The compensation plan is not so beneficial to those who don’t know how to recruit well and advance in the ranks. The products of don’t have any undeniable scientific evidence in their support and many people may be hesitant to buy them.
So I don’t think that you will make a full-time income through this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The products are hard to sell.
The compensation plan is challenging to understand.
In my opinion, Stemtech is not a scam because they have been in the MLM business for several years. They also provide some helpful information on how you can start your own business.
On the other hand, the company is far from perfect and the compensation plan needs more clarification. If you have the passion on the products that they offer, then you may take a look at this opportunity. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial Skills
- Great earning potential if done right
- Climb the ranks to earn more bonus
- Support can be improved
- Compensation plan is overwhelming
I know that you want to join in Stemtech because you discovered the benefits of having your own source of passive income. I also feel that you are already tired of not earning that much from your current job.
But let me tell you that this type of business is not a walk in the park. It requires patience and extreme passion in recruiting and selling in order to succeed.
On the other hand, if you are still looking for an effective way of earning, then you can also look into my personal favorite. My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home.
Right now, I am on my second year in this community and I am already earning from it. So, I want to share my success with you.
If you have more questions and concerns about the Stemtech, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences and personal concerns on the comments below!