April 2, 2021
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Earning good money is a necessity today especially that the prices of goods are increasing.
And because of this, someone might have introduced you to this work from home opportunity, but you’ve wondered… Is Stemtech a scam? Well, to put you out of misery…
No, Stemtech isn’t a scam.
But if it’s not, then is this a legit opportunity to make money from home and leave your career?
This review will answer that question and will provide you with in-depth information about this company including its images, videos, pros, and cons so that you can decide and make an informed decision.
The overview and rankings
Name: Stemtech
Founder: Ray Carter Jr., Greg Newman, Christian Drapeau
Type: Health and Wellness MLM
Products (Including Pricing): 40/100 ($114)
Success Stories: 5/100
Price To Join MLM: $35 to 320 business kit + $100/monthly
Summary:
Stemtech is a health and wellness company offering nutritional supplements that they claim can improve the overall wellbeing of your stem cells.
Meanwhile, their business model compensates members who sell their products via commissions.
Make Time Online Rating: 40 out of 100
Recommended: No
Stemtech is a health and wellness Multi-Level-Marketingcompany that develops its own stem cell products.
It was founded back in 2005 by Greg Newman, Ray Carter Jr., and Christian Drapeau.
However, they were only selling the products directly to consumers back then.
It wasn’t until 2009 when they became an official MLM where they recruited members to sell their products so that they could earn commissions.
Based on my research, I discovered that Stemtech has their own exclusive scientists which develop new dietary supplements that help nourish one’s stem cells.
Specifically speaking, their products are made to boost the immune system and help body and cell regeneration.
Its headquarters is located in Florida, but they also have branches in other countries such as Malaysia, Belgium, United Kingdom, and South Africa, and Australia.
Here is a 2-minute video that will help you know more about the company...
Let us then know...
Stemtech is not a pyramid scheme. The company has members that earn money by selling their nutritional products without having to recruit people into the system.
But even if this is happening, it’s still worth asking if… Is Stemtech a pyramid scheme in disguise?
A pyramid scheme is a company that is paying members to recruit people into the system.
The more people their members can recruit, the more money the members can earn. This is the main focus of the business instead of the standard selling of products and services.
Because of this, many governments and countries around the globe have already banned these kinds of companies because it’s impossible for all of their members to make money from a company which is only paying for recruitment.
Here is a Wikipedia diagram to help you see why...
The members who make the most money from a company like this are those who aggressively recruit other members into the system and advertise their so called business opportunity, even if it really isn’t one.
You can also see from the diagram that it’s impossible for members to make money in the long run as they are just going to run out of people they can recruit…
I've found a 5-minute video that shows you how you can spot a pyramid scheme in disguise:
But why do many say...
It is hard to achieve success in an MLM company like Legends VIP Network.
According to a report, between 72.5% and 99.9% of MLM members lose money due to the sales quota that these companies have.
These force them to sell a certain number of products monthly for them to be given the bonuses and commissions.
If they are unable to do this, then they have no other option but to just purchase the products for themselves just for the sake of being active and earning money.
This is why the majority of MLM members lose huge amounts of cash from their own savings before they land their first recruit...
Stemtech works by selling health and wellness products that are specifically designed to help improve the body’s stem cells.
This leads to better cell regeneration, making you stronger while looking and feeling younger.
Aside from this, the MLM also has an affiliate program where anyone can join and become a sales agent.
They can then buy the products at wholesale prices and sell them at higher retail prices for them to earn commissions.
It sounds nice, but what Stemtech is really doing is that they save themselves the hassle of spending millions of dollars on advertisement because it’s not them that do this, but their members.
The members are the ones who do all the hard work in promoting and marketing their products. It sure is a smart move for a capitalist company...
Knowing the company’s products makes it easier for you to go about your life as one of their members, that’s if you actually do become one!
Here are a few of Stemtech’s best-selling products:
It is also necessary to know that there are a lot of other MLMs that are selling very similar products with Stemtech.
Some of the most popular and established ones are:
What’s funny is that they all say that they sell a special kind of product that is only available in their company.
When the reality is that, health and wellness products are just very common!
But then again, knowing that this is what MLMs do… then what makes Stemtech special?
Dermastem Advanced ($114) - A skincare product that includes aloe vera, Cehami, vanilla, AFA, and other natural ingredients.
This makes you look younger by repairing damaged skin cells. They claim this improves your skin cells’ health by up to 112%.
Check out this 1-minute video about Dermastem Advanced:
It will then be wise if you'll know if...
Yes. But it’s just very hard.
There might be some who do make money but they work very hard, sometimes even more than 8 hours a day trying to convince people to join this business opportunity.
And what do they get from this? Well, an income that’s similar or even lower than minimum wage.
They also do not have an income disclosure to prove that their members actually do make money...
Here are the 2 main ways you can make money from Stemtech:
But note that you can only earn from the sales that your downline members make and not by directly recruiting them as your downline.
This is how MLMs avoid being called as a pyramid scheme by the FTC.
You have 4 payment options if you’d want to be a member of Stemtech:
Aside from the aforementioned cots, you also have to maintain 100 PV monthly.
This means selling at least $100 worth of products every month for you to stay active.
And here goes the other costs you’ll incur for the 1st year…
The costs for 1 year are...
Minimum costs for year 1 = $1,235 to $1,520
Also add up the other costs there like marketing, gas, training, and miscellaneous expenses, and you got one big truckload of costs...
MLM companies have complicated compensation plans — including Stemtech. But don’t worry because I am going to simplify this up for you...
There are 3 main ways to earn money from Stemtech. These are:
I know you’re confused.
That is completely normal, though, because most, if not all MLMs, have confusing compensation plans where they use weird terms and fancy names so that people will think that there are a lot of ways they can earn money from this MLM.
But the fact is… that there are just 2 things they really just have to do!
And these are:
Here is a 14-minute video if you'd want to learn more about their compensation plan...
Or you can find the full compensation plan here.
Stemtech is not a scam because they sell scientifically proven products that are effective.
They are also paying their members correctly and as what is stated in their compensation plan.
However, Stemtech members soon discover that they’re not really earning any money from the company.
Instead, they’re losing their hard earned cash… Hence, they call the company a scam.
Continue reading to know if this is really what’s happening with Stemtech because I’ll provide you with the pros and cons that’ll help you decide if this is for you or not.
Just to be fully transparent with you, I am not a distributor myself and I do not endorse it in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn how to “Spot an Online Marketing Scam” then click the highlighted text.
Tired of MLMs? Check out how I make money online here!
Key Terms:
The first thing I like about Stemtech is what their users have to say…
You can see that there are a lot of satisfied customers out there. This means that their products are indeed effective and healthy.
I also like the fact that they have a plethora of information scattered across the internet, especially in YouTube.
They describe what their company is about, discuss their products and what they can do, and they also have a compensation plan video.
This is a nice thing especially if you’re advertising their products to potential members.
The stem cell products they are selling are overpriced. Check out some of the other brands out there…
There is a huge price gap between Stemtech’s products and other brands.
You are going to have a hard time selling their products if there are cheaper alternatives in the market, that are also effective.
Stemtech doesn’t have an income disclosure.
This is important because this shows that members are earning. In this case, there’s none.
So, it’s safe to conclude that their members aren’t actually earning good figures.
You must reach 100 PV monthly which also means selling at least $100 worth of Stemtech products every month.
If you can’t reach this quota, then you have no choice but to just buy the products for your own consumption.
That’s if you want to stay as an active member and still be eligible for all the commissions and bonuses.
Little do MLM members know that they are the biggest customer base of MLM companies because they are assured to purchase the company’s products at a regular basis.
Knowing that you are required to spend $100 monthly means that you must recruit as many people as you can so that you can breakeven with the costs and make some commission out of it.
It’s all about recruitment at the end of the day, which again is a sign that this is a pyramid scheme in disguise...
One of the most common kinds of MLMs are those that sell health and wellness products.
Here’s a list of health MLMs…
Are you sure you can compete with all those? Well, I doubt so.
Stemtech is a legit company that sells scientific and medically effective stem cell products. But they’re just way too overpriced.
And talking about their business opportunity?...
It is very obvious that the only way you can make money is by recruiting as many members as you can, despite knowing that they’re just going to end up losing their money.
This isn’t just right. And factor in all the signs of them being a pyramid scheme in disguise, and you can clearly see that this one’s now a good deal.
There are a lot of other business opportunities out there that offer a stable and sustainable source of income...
MLMs are not scams or illegal. However, I'm not a fan of them because of the restrictions to the expensive products you have to promote.
Once I learnt about affiliate marketing, I realised it's a far superior business model because:
In 2018 I had no idea what affiliate marketing was.
But I went from a full time PE teacher to making a passive income online within one year...
If you want to discover how I did it then check out this special video I created which explains exactly how. You can also get your free 7-day bootcamp to get started.
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