GeneWize, Third-Party Review, a MUST READ Before Joining GeneWize
I have been approached in the past few weeks by quite a few people to join GeneWize
. Even though I did not join and am not affiliated with GeneWize in any way, I decided to write this article to give an honest review of GeneWise so you can determine if joining Genewize is a good decision for you or not. So this is an expert third-party review from more than 9 years in the MLM, network marketing industry.
Since GeneWize launched in August of 2008, many network marketers actively in the industry have joined. Genewize is subsidiary of a publicly traded biosciences company called GeneLink, Inc. This company uses DNA-based genetic tests as the basis for personalizing health, beauty and wellness products. This in itself is a very exclusive selling proposition for a person looking for an opportunity in the health niche as GeneWize is the only company in the MLM industry that offers such a thing.
The leadership team has a few key players that have the experience to run a successful MLM company. Sharon Tahaney is the President of GeneWize, she has a Master's Degree along with thirty years experience in direct sales. Combine that with Scotty Kufus as the Director of Marketing. Scotty is a legend in the network marketing industry with 2 billion dollars in sales underneath him. So this is a leadership team that knows what they are doing.
The products are truly exceptional as they are customized nutrition and skin care. I have not tried any myself so I can't account for the results. However the products are all based on your DNA. You begin with the "DNA Collection Kit" so you can establish what supplements you should be using based on your DNA sample.
In my opinion this is a fantastic marketing position. I am not a scientist so I can't verify if they have an accurate DNA testing process or not. From a marketing stand point it is genius because every person wants something specifically tailored for them. The only downside I see to this is the lengthy process to get your first shipment of products, which is about four to six weeks. That is a long time in the twenty first century for a person to wait. This may also slow the growth of business as people unconsciously think that they need to have the product on hand to start marketing.
Can a person earn income with GeneWize? Yes, a person can do very well financially with this company. The compensation plan is a binary plan with two different bonuses attached, along with further incentives. The binary is fantastic for fast growth especially if you have an upline superstar at sponsoring and you could get spill over (more people in your downline). The matching bonus is a 40% commission of the sales team you have personally enrolled and is effective up to 4 generations. There is also retail sales commissions and team bonuses where you can earn 10% to 20% of the total business volume.
If you are thinking about joining GeneWize, in my opinion it's a pretty decent company. There are on the other hand a few things to consider. The pros are the experience in the leadership and the distinctiveness in the products. There are two cons I see. One is the long time in delivery of the product. Since we live in a "now society" there could be many refund requests before the product even gets to them if a person is not wanting to build a business. The second con is that this company is still young and a subsidiary of a publicly traded company. I have seen companies in the past decide to close their doors without any warning to the distributors.
This is why it's vital you learn how to market effectively. I'm not talking about blasting out a company replicated site to all of your friends and relatives about GeneWize. You must learn how to market YOU not your company. Ultimately that is why people will sign up with you in GeneWize. You want to put yourself in the spotlight and be the leader people are searching for. Build your own following so your future is not based on the success of GeneWize.
GeneWize, Third-Party Review, a MUST READ Before Joining GeneWize
By: Scott W Zlateff
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