Who is behind LifeWave?
The company was founded by David Schmidt in 2002. In addition to being an entrepreneur, David is the inventor of the LifeWave Patches. He developed the technology after 3 years of intense research into the thought of being able to naturally enhance energy and stamina through elevation of fat burning utilizing wireless communication to the human body.
Michael Collins is the President and according to Lifewave.com, he began his career with two Fortune 100 companies – Procter & Gamble and PepsiCo – where he held the position of Vice President. He has applied his business experience and disciplined approach to the Network Marketing Industry for the last 16 years.
Are the LifeWave products distinctive and do they stand alone?
I really like the intention behind the product because it works on the principals of Acupuncture an ancient and proven health and wellness procedure. LifeWave patches have organic materials that function on the acupuncture pressure points of the body for energy/stamina, sleep aids, anti-aging and weight loss.
According to testimonials by athletes and a blind study, the patches have a significant impact on increasing energy and overcoming fatigue. Big market trends are anti-aging and increasing energy and this product addresses both.
Some old articles refer to the company as LifeWave scam and hoax science. There are also many articles that talk about the effectiveness of the product and how it has helped people in their sports or daily lives. Most non-traditional health remedies are controversial and some people will agree and some won’t.
Can you make money with LifeWave?
There is definitely a market for these patches and the payment plan is easy and fair. The compensation is based on the Binary Plan where importance is placed on helping (training and support) new distributors to launch their business. These plans are generally more supportive and rewarding intended for building teamwork.
The website, LifeWave.com promises that its distributors can make money in four ways. The distributors
can:
1. Purchase the patches at wholesale and market them retail
2. Earn fast start bonuses by recruiting in new members
3. Build a system of other distributors
4. Sell the products on the website.
What is the potential for the company globally?
o The website is translated in 7 different languages
o There is huge growth in search volume in Israel, Hungary, France and Australia
o Overall popularity has continued to increase in the rankings since 2008.
o MLM Rankings list LifeWave in the top 50 MLM companies in public interest for October 2009
Article Source: http://freepatchsamples.com
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