Many of you are wondering What Is Renovo Vita, so in this review we’re going to take a look at it.
RenovoVita is the latest anti-aging product-based MLM company.
RenovoVita translates from latin to “the renewal of life.”
Can you make money with Renovo Vita?
For the benefit of those who are interested, I decided to take a look to see if it’s legit or not.
The good news is I’m going to walk you through the company products and compensation plans so you can make the right decision to join or not.
What Is Renovo Vita
RenovoVita launched in March 2020, specializing in the nutritional supplement MLM niche.
The company is run by co-founders, Brent Bain, Linda Bauer and Eddie Assano.
In the past, Brent Bain was a co-founder of Liberty League, which lasted about nine years to mid-2009.
In 2010, Brent Bain launched Avent, which was like Liberty League.
However, again, Avent didn’t have the success that Liberty League had like because it didn’t gain the traction.
Linda Bauer is also in this company and is considered a medical marvel according to
Eddie Assano was involved with Wealth Masters International, other than that there isn’t much background on Assano.
According to RenovoVita’s website, Eddie
RenovoVita Has Products For Retail Sale
RenovoVita is pretty new. It just launched in March 2020, so they are new in the multi-level marketing industry
They do have physical products, which is a good thing, and RenovoVita promotes a range of nutritional supplements, but focus on more on anti-aging.
With-N is a product they feature that claims to slow the effects of aging, even reverse them, all while providing beneficial nutrients to your body.
With-N, for a bottle of 60 capsules, retails for $139.97.
Another product called Virg-N Youth Activation Serum is sold retail for $99.97.
There is also a product called Zero-N Brain Health Formula. This product contains 60 capsules and costs $49.97 a bottle.
RenovoVita pretty much the compensation plan focuses on selling retail products and services, which is an excellent idea.
Without the retail component being there, it could be a massive issue because the company itself will not be legitimate if that was the case.
When a multi-level marketing company has no retail component or products sold to the public, then it’s possible you’re dealing with a pyramid scheme.
Having Retail Sales Keeps The Government Regulators Away
The fact that retail products are available apart from the MLM aspect is very good.
As far as sponsoring new business reps, residual commissions are all paid through a uni-level compensation plan and goes down five levels deep.
Also there’s a generation bonus, which expands that even further.
The ranks, there’s 13 in total, all the way from associate, all the way to triple platinum.
And the retail commissions, you can earn 25% on the sales volume generated by retail customers.
If the customer decides to be a preferred customer, the retail commission has dropped to 15% because they get a discount rate, so they can’t keep the same commission rate.
If an affiliate produces 500 PV, personal volume, or more in a month, they can qualify for a personal sales commission bonus.
So, produce anywhere between 500 to 2,499,999 PV a month, get 5% personal sales commission, all the way to 6,000 or more, 15% personal sales commission.
What I like about this is that the company built in an incentive to have retail sales.
Having an incentive to sell retail will help to keep government regulators away because there is a serious crackdown on pyramid schemes.
Therefore, from my observation RenovnVita is a retail-heavy MLM, which frankly, is a really great idea.
Other Ways To Earn With Renovo Vita
The fast start bonus is a retail and recruitment combined bonus in one.
To qualify for this bonus, you must make two $100 or more sales to retail customers and sponsor two affiliates who each sign up with an All-N package, or all in.
If you do that in the 60 days of joining, you can qualify for a $100 bonus many times in that 60 days.
So, if you keep doing this over and over again, you can keep getting this hundred dollars bonus over and over again in the first 60 days.
Residual commissions are paid through a uni-level compensation plan.
This one is capped at five levels.
Basically, your rank will depend on how many levels you get paid.
For example, if you’re just an associate, you can earn 2% on level one. If you’re
Generation bonus expands on top of the regular uni-level bonuses.
Basically, RenovoVita defines a generation when a level-three silver or higher ranked member’s found in a uni-level leg.
That would be considered one if that’s the only rank level-three silver they found.
Second generation starts right after that. If they find another level-three silver or higher, that’s two generations.
If they don’t find one, you just have that one generation, and this keeps going all the way, I believe, five generations.
I can honestly tell you that most multi-level marketing compensation plans are complicated and confusing, and Renovo Vita is no exception.
For a complete overview of the compensation plan, Click Here.
Your Rank Determines Your Compensation
With the rank, if you’re triple platinum, you can earn more obviously than compared to if you’re gold.
Rank bonus; RenovoVita rewards affiliates for qualifying at level-three bronze and silver ranks and higher.
So, qualify as a level-three bronze and receive a hundred bucks, qualify as a level-three silver and receive 500 bucks.
You can also earn a hundred percent matching bonus on personally sponsored members who hit level-three bronze or higher.
What Is The Cost To Join Renovo Vita?
Cost to join, for some reason the company doesn’t give you exact information on the website for this.
While I do know that a compensation plan does refer to an All-N package, which is a purchase of all three products, this will cost you about $289.91 shipped.
But again, this is just me adding all these products to the cart. What I recommend this company doing is actually having that information on the website so it is clear.
Final Verdict – Is RenovoVita A Legit Company?
Renovo Vita is certainly a legit company. They have legitimate products and services, have good ingredients in them with the main key ingredient being NWN.
I don’t even want to pronounce this because I’m going to butcher it, so I’m just going to call it NWN.
According to this study that was published by NCBI on August 28th, 2019, this ingredient promotes anti-aging MI RNA expression profile in the aorta of aged mice.
And also, there was some promising human studies as well. I believe this was done in Japan, and again, I’ll have that study here.
Therefore, it seems that NWN does what it says it does, so that’s a good thing.
RenovoVita claims NWN to be a superstar molecule that has very powerful aging and reversing properties that does have some study to back it up.
When you look at it compensation plan-wise, it’s a very healthy mix between retail incentives and sponsoring new affiliates, which is a really good sign.
All in all, what I would do is just compare their prices with what’s available in the mainstream. because you don’t want overpriced products either if it’s the same thing.
Is Network Marketing A Good Business Model For Success?
Now, if the extra price is justified because it has something better, that’s different.
Overall, the company’s a hundred percent legit and if you want to join it, you can if you want. It’s up to you.
Anyway, I’m not an affiliate, I’m just telling you how it is.
For a network marketing company, Renovo Vita did a really good job overall.
However, what about the network-marketing or multi-level business model.
There’s no doubt about the quality of Renovo Vita’s products.
However, the fact that they’re connected to the MLM business model doesn’t guarantee success.
Multi-level marketing is hard, even more so in 2020 and moving forward.
As a matter of fact, statistics show that most people fail with network marketing than succeed.
Ponder over the following statistics:
- According to FTC, 99% of all MLM participants lose money
- The chances of profiting by starting your own small business are 38% more than by joining an MLM
- The profitability rate of running an online business is 10% – 20% higher than the profitability rate of joining an MLM
- According to AARP Foundation, 47% of MLM participants lose money and 27% make no money whatsoever
- Among the 26% who actually earn a profit, 53% of them earn less than $5000 a year
- 39% of MLM participants quit because pitching products and services to friends and family jeopardized their relationships
- At least 50% of MLM reps quit within 1 year after joining an MLM and 95% quit within 10 years
- 75% of those who have joined and left an MLM state that they would never join another MLM in their life
- A 2018 poll of 1049 MLM reps across various companies found that most of them make less than 70 cents an hour,
- 20% of them never made a sale
- 60% of them had earned less than $500 in sales over the past five years
- 32% of them acquired credit card debt to finance their MLM involvement
What Should You Do?
Am I suggesting you shouldn’t join Renovo Vita.
No, I’m suggesting that there is another alternative called Affiliate Marketing.
The main reason I will always recommend affiliate marketing over network marketing is because of control.
Regardless of the MLM company you’re associated with,
YOU cannot control the content, which is critical when it comes to search engine ranking.
Most network marketing reps have access to a pre-made website that hundred of other reps have access to as well.
The only difference is in the URL, but the content is the same.
In the long run, you’re much better off learning how to build your own affiliate marketing business than relying on network marketing.
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