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Similar to other health and wellness mlm opportunity, IDLife claims to offer the best products and business platform for you to build a successful home-based business.
I understand that you just get invited to join the IDLife team and wondering if this opportunity can help you achieve the life dream of financial freedom?
Well, hello and welcome to our mlm coffee talk.
It smarts for you to stop by and read this IDLife review before joining.
In this review, we’ll discuss the following:
- What is IDLife?
- How to become an IDLife distributor?
- The costs to start an IDLife business.
- How much can you make with IDLife? And
- Is IDLife a scam or legit opportunity?
Reading this IDLife review, you should be able to decide if this is the right home-based business opportunity for you to achieve your financial goals and dreams.
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IDLife Review Summary
Annual Revenue: $35 Million
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What Is IDLife?
IDLife is a health and wellness company that allows individuals to build and create their own weight loss and diet plan using the company proprietary IDAssessment program.
Logan Stout launched IDLife in 2014. IDLife means Individually Designed Life. It is a program that allows customers to take the IDAssessment lifestyle evaluation by answering questions related to health issues, eating and drinking habits, and things they want to improve on.
Based on the IDAssessment, the IDLife team creates an IDNutrition pack, which contains vitamins and nutrition, for each individual customer to achieve their health goals.
IDLife promotes and distributes its health and wellness program through an mlm network of independent distributors operating across the US.
At the time of writing this review, IDLife estimated sales revenue is $35 Million.
One major investment warning is IDLife doesn’t publish the income disclosure statement (IDS).
From experience, mlm company that doesn’t release an IDS report indicated the business opportunity is not profitable.
You must carefully evaluate and compare IDLife with other home-based business opportunities before joining.
You can use My #1 Business Opportunity to make a comparison.
How To Become An IDLife Distributor?
You need a sponsor to become an IDLife distributor.
You can search for an IDLife distributor online, then registered through that website.
You can join the IDLife business opportunity for free. But to build a business and make money with IDLife, you must purchase an enrollment kit to qualify as an active associate. We’ll discuss everything in the following sections of this IDLife review.
The Cost To Become An IDLife Distributor
The free account only offers you a 10% discount on product purchases. This is a preferred customer account, not a business partner account.
To qualify as an IDLife distributor, you must purchase an enrollment kit that prices at $199.99, $299.99, $699.99, and $1199.99.
Purchasing the most expensive kit will place you into higher ranks and better commissions and bonuses.
Besides the cost of an enrollment kit, you must maintain an active and qualified status to make money with IDLife.
Depending on your leadership rank, IDLife requires distributors to submit at least 100 PV (Personal Volume), approximately $149.99 in sales, each month to remain active and qualified for commissions.
There are other qualifications required for bonuses and incentives, which we’ll discuss in the compensation plan section of this IDLife review.
As you can see, the cost to join IDLife is more than an enrollment kit. You must purchase products every month to stay active and qualified.
Any distributor who fails to maintain an active and qualified status is not allowed to receive the bonuses and commissions.
The expenses above do not include your time, the marketing costs, travel expenses, and gas.
Purchasing IDLife products to maintain the monthly active and qualified status can destroy your business profits if you cannot resell them. They become business losses.
Other home-based businesses, such as Affiliate Marketing, you earn the commission on every sale, no need to be active and qualified.
To understand why mlm opportunity, such as IDLife, requires distributors to stay active and qualified, you should read our discussion on the FTC MLM Guideline for more information.
IDLife Compensation Plan
There is nothing special about the IDLife compensation plan. This plan is similar to any other mlm compensation plan that you can find in the industry.
There are only two ways to make money with IDLife: selling products and/or recruiting others.
I’ll provide a brief explanation of the IDLife compensation plan below. To see the full version, just download a copy.
Make Money Selling IDLife Products
As a qualified IDLife associate, you earn a retail commission of 30% by purchasing products to resell or by selling directly from your own IDLife replicated website.
The retail commission is reduced to 20% if the customer signed up as a preferred customer.
Retail commission rates are very competitive. But the question is, can you sell IDLife products on the market?
I did a quick search on eBay, the famous site for dumping mlm products. I found a lot of IDLife vitamins and supplements selling far less than the suggested retail price.
This tells us that IDLife distributors are duping the products on eBay to recover the costs.
Overpriced is the biggest problem for distributors to make money selling products on the market.
Make Money Recruiting Others To Join IDLife
The best way to make money with any mlm opportunity is by recruiting others to join.
But, you must maintain an active and qualified status to earn downline commissions with IDLife.
Business Builder Bonus
This bonus is earned every time an associate purchased an enrollment kit. The bonuses are:
- $50 for the $199.99 kit,
- $100 for the $299.99 kit,
- $200 for the $699.99 kit,
- $400 for the $1,199.99 kit.
You also earned a $20 bonus for each Kit sold by your level one Associates and $15 for the kit sold by level two.
Fast Start Bonus
You can earn a $100 bonus within the first 60 days of enrollment by submitting a retail order totaling $100.
You can only earn this bonus one time.
3x Associate Bonus
You can earn a $300 bonus within the first 60 days of enrollment by selling all four enrollment kits.
This bonus is in addition to the business builder bonus.
3x Customer Bonus
You can earn a $150 bonus within the first 60 days of enrollment by selling products totaling $715 in retail sales to at least 3 new customers.
Customer Acquisition Bonus
A $25 bonus is earned when a newly enrolled Associate in your organization earns their fast start bonus (FSB) within their first 60 days.
However, you must be a qualified Senior Director rank or above to earn this bonus.
IDLife offers a residual income from 1% to 5% up to 10 levels.
But you must be a qualified Director rank or above to start earning the residual income.
There are other leadership bonuses and incentives which require more purchasing of IDLife products to qualify. You should refer to the compensation plan for more information.
As you can see, there are multiple ways to earn with IDLife mlm. But to get paid, you need to maintain an active and qualified status.
This is how mlm works. Ways to earn is not the same as qualifying to receive the commissions.
You can potentially earn nothing with IDLife because the costs to maintain an active and qualified status might exceed the commissions received.
Can You Make Money With IDLife?
You will need the income disclosure statement (IDS) to determine whether you can make money with IDLife.
The IDS is a financial document that reports distributors’ income for the prior year.
Mlm company with high distributor failure rates or low earnings rarely publish the income disclosure statement. This might be the case with IDLife.
So, how do you get a copy of the IDS?
You can request one at the time of enrollment. The law requires IDLife to provide you a copy together with the compensation plan.
If IDLife refuses to provide you a copy of the income disclosure statement, don’t join.
But you don’t need a copy of the IDS to know that 99% of mlm businesses failed.
Because the IDLife compensation plan is designed to promote and sell IDLife products.
Just go back and review the compensation plan discussion above, why you think distributors must submit a minimum monthly order to maintain an active and qualified status for commissions?
Is IDLife A Scam?
IDLife offers you a business opportunity. Even though this mlm opportunity is not profitable, it doesn’t make IDLife a scam.
Every business opportunity has risks. As an investor, you are responsible for carefully research, study, and investigate IDLife before investing.
Reading this IDLife Review is a good way to learn the risks and rewards associated with this home-based business opportunity.
As the owner of an Online Business Review, I have evaluated hundreds of mlm businesses to help investors identified and discover the right opportunity to make money from home.
As a business opportunity, IDLife is not a scam. It is not easy to make money and an unprofitable opportunity.
Is IDLife A Pyramid Scheme?
IDLife follows the FTC guideline to avoid being fine as a pyramid scheme.
But who invest in a business opportunity just because the company follows the laws?
You have to look at the company’s compensation plan and distributors’ income when evaluating an mlm investment.
If you look at the IDLife compensation plan, distributors are forced to purchase products to earn commissions.
Distributors are essentially customers of IDLife, purchasing products to stay active and qualified.
Recruiting is the best option to make money. The more people you recruit, the more money you make.
This is how a pyramid is built.
Well, you don’t have to agree with me.
But you can’t deny that the compensation plan was designed to turn distributors into customers, not business owners.
Is IDLife Worth It?
People who use IDLife product believe that it’s worth it to join the company for the discounts.
But are you joining to get discounts or to start a business?
If you are searching for a profitable home-based business opportunity to launch, then it is unlikely that you will achieve your financial goal and dream with IDLife.
You will not get rich as an IDLife distributor.
However, the decision to join IDLife mlm is yours to make.
Let me ask you this,
Do you know why you want to start a home-based business?
To earn extra money from home, to be your own boss, or to achieve financial freedom?
And to make money, we invest in a PROFITABLE business!
There are much better and less risky home-based business opportunities.
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The best part, you are working on the computer in your own home or anywhere you like.
Before investing with IDLife, one thing you need to consider is “Business Control”.
As an IDLife distributor, you have ZERO control over what products to sell or how to promote your business.
You must obey IDLife rules and policies to stay in business.
What happens if IDLife goes out of business?
You are out of business! You lose everything and nothing you can do about it.
You start a business to build long-term incomes.
You want to create a system that generates money far into the future. Isn’t this the #1 reason you want to build a successful business?
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IDLife was launched to recruit and turn people into customers, not business owners.
The best option to make money with IDLife is building a big team, because your primary business revenue is from team commissions, not selling products.
If you are not a good recruiter, you are unlikely to make money with mlm opportunities.
There are much better home-based business opportunities compared to IDLife.
But this is your decision.
I hope this IDLife review answers your question, is IDLife a scam or legit?
Until next time.
Please share your own IDLife experience below.