If you are looking for information on the LiveGood compensation plan and how LiveGood affiliates earn money, you’ve found the right website. In this post I’m going to explain the LiveGood compensation plan in simple terms, and show exactly how LiveGood affiliates are earning money.
Table of Contents
Before I dive into the LiveGood compensation plan, I need to give a general overview of LiveGood’s business model. Understanding how the business works, will help you understand the compensation plan and how to best maximize it for greatest earning potential.
LiveGood’s Business Model
So what is LiveGood?
LiveGood is a membership that saves it members money. Similar to Costco, Sam’s Club, or any wholesale buying club, a LiveGood membership gives it’s members access to quality supplements at discounted prices.
With LiveGood, the membership is the “product” affiliates are selling and earning residual income on. It’s also possible to earn a commission when you make a retail sale, however this commission ONLY goes to the LiveGood affiliate that made the sale. There is no volume/commission and goes up a certain amount of levels to an upline that also earns commissions on the retail sales that you make.
This is how LiveGood is able to offer such great prices. There is no need to markup the products 8X-10X in order to generate the revenue to payout commissions 2, 3, 4, or 10 levels to an “upline”.
This is one of the downsides to other network marketing companies. In order to payout high commissions to multiple people, their prices have to be high. This creates several problems. For one, as a distributor you have to try and sell products that people can get at a lower price on Amazon or in a local store, which is hard to do. Another problem is, if you do make the sale, you’ll feel bad because you’ll know that your customer could have gotten a similar product and a lower price somewhere else. For most of us, we want to operate morally and ethically. If we feel we’re over charging our customers, that is a recipe for disaster.
LiveGood’s business model has solved these problems and has created a unique model that makes sense. Instead of selling over-priced products, LiveGood members are buying and selling quality products at discounted prices.
SEE ALSO: What Countries Are LiveGood’s Products & Opportunity Available In?
Understand The LiveGood Compensation Plan – Pro Tip
At first glance the LiveGood compensation plan can seem confusing. Do NOT let this stop you from taking action. When you are first starting out and building your business, it is not important to know or even understand the compensation plan from front to back. Don’t get stuck on the details.
Here’s all you need to know… you will earn when you refer people to become a LiveGood member. So get to work on sharing the membership with others.
There’s no need to get stuck on exactly how matching bonuses work if you’ve never enrolled 1 person. It doesn’t matter because matching on nothing is nothing.
I’m not saying not to learn and understand and learn how the LiveGood compensation plan work. I’m simply saying when you are first starting out, it’s not that important. Focus on sharing and enrolling a few people. Once you starting earning some income, the compensation plan will start to make sense.
LiveGood Compensation Plan – 7 Ways To Earn
1) Weekly Fast Start Bonuses: The first way to earn income with LiveGood’s business opportunity is by weekly fast start bonuses. Fast Start Bonuses are very simple to explain. For every person you enroll that become a member and an affiliate, you earn $25, paid out the very next week. Refer 10 people in a week, and you would earn $250 is Fast Start bonuses. If you referred someone that only wanted to sign up as Member, and not be an affiliate, you would earn a $5 Fast Start Bonus.
AND, if anyone that you’ve enrolled chooses to enroll others, they will earn the Fast Start Bonus of course, and YOU will also earn additional fast start bonus commissions up to 10 levels deep.
For example, lets say you refer your friend John. You would earn the $25 fast start bonus. Then John goes out and refers 3 people in one week. John would earn $75, and you would also earn 10% (10% because John’s on your 2nd level) of the $150 that was paid by those 3 people, ($10/month membership fee, and $40 affiliate fee ($50 total), 3 times equals $150). So you would earn a $15 fast start bonus from the 3 people john referred. … and remember, this matching fast start bonus goes down 10 levels. (See Image Below)
2) Matrix Commissions: The second way to earn income as a LiveGood affiliate is through matrix commissions. When you sign up with LiveGood, you are immediately given your own business center in our fast filling 2×15 Matrix. As more people join LiveGood every week, they are placed in the matrix UNDER everyone who is already in there, following their enroller. So the sooner you lock in your position, the higher your position will be in the matrix.
With LiveGood Matrix Commissions, it does NOt matter if you’ve personally enrolled the person beneath you. You will get paid on EVERY one below you in your matrix, up to 15 level deep.
What’s exciting about matrix commissions is that you are able to earn income, without ever sponsoring even 1 person.
In fact, you can earn up to $2,047.50 per MONTH without ever enrolling a single person!
(The image below shows the percentages on Matrix Commissions.)
3) Matrix Matching Bonuses: The third part to the LiveGood Compensation Plan is Matching Bonuses. Fast Start Commissions and Matrix Bonuses are great… Matrix Matching Bonuses are even BETTER and have huge potential. Matching bonuses allow you to earn a 50% matching Matrix Commission on everyone you enroll.
For example, if you enroll 10 people, and they all earning a combined total of $2000 a month in Matrix Commissions. You would earn a $1000a month (50%) matching bonus. This doesn’t include what you are already earning from your regular monthly matrix commissions.
Also, as you move up in rank, you will be eligible to earn matching bonuses up to 5 levels deep. (See Image Below.)
4) Retail Commissions: As a LiveGood affiliate you’re able to sell products at retail prices to non-members. Understand that not everyone will want to become a LiveGood member (at least maybe not right away). Maybe they just want to try out a product first and see what they think. If they love the product, and plan to continue to order every month, or as they need it, it might make sense for them to become a member and get a discount on their purchases.
As LiveGood affiliate, you will earn a 50% commission on retail sales of the difference between the member price and the retail price.
For example, if you make a retail sale (to a non-member) for the LiveGood Complete Plant-Based Protein, you would earn a $3.98 commission. Here’s how that math works out:
Retail price = $29.95, Member price = $22.00 – The difference between the 2 prices is $7.95. And 50% of $7.95 = $3.98
SEE ALSO: LiveGood Products And Prices
5) Influencer Bonuses (not common) – For LiveGood affiliates who choose to market products to retail customers on a larger scale, you will earn additional bonuses on all of that volume. Instead of 50% of the difference between member and retail prices, it’s possible to earn up to 100%!
Again, this isn’t common. Most people will make sales on a smaller scale and not reach they type of numbers required to qualify for the Influencer Bonuses, but it’s possible.
Below is chart that shows the sales volume requirements needed to qualify for the different influencer bonuses levels.
For example, if you have over $25,000 in Retail Customer Volume in a given month, and the Member Pricing for that volume totals $17,000, for example, the difference between the Member Price and the Retail Price is $8,000. You will earn 50% ($4,000) in Retail Commissions, plus an additional 40% ($3,200) in Influencer Bonuses for a total of $7,200 in commissions on that month’s retail sales.
6) Diamond and Crown Diamond Bonus Pools – To reward the LiveGood affiliates that have reached the ranks of Diamond and Crown Diamond (both great accomplishments), Live Good sets aside 2.5% of the total monthly revenue from all membership and products sales to pay out as a bonus to those that have achieved the required ranks.
2% of the total monthly LiveGood revenue is split equally and paid out to the affiliates that have achieved the rank of Diamond.
An additional 0.5% of the total monthly revenue is also split up equally and paid out to all of the affiliates that have a rank of Crown Diamond.
Example: If the company does $20m in revenue for the month between memberships, affiliate fees, and product sales, the Crown Diamond pool would have $100,000 in it (0.5% of $20,000,000). If there were 5 qualified Crown Diamond ranked Affiliates that month, each would get a $20,000 share of the pool ($100,000 divided by 5 Crown Diamonds) on TOP of ALL other commissions!
Note – Crown Diamond ranked affiliates qualify for both bonuses, the Diamond AND Crown Diamond bonus.
Reaching these top ranks is challenging, and is something that won’t happen overnight. It’s a great long term goal to set for yourself… maybe 5-10 years realistically.
7) Customer Acquisition Bonuses (Updated) – This is a new addition to the LiveGood Compensation Plan. Originally customer acquisition bonuses didn’t exist and it was something that was added. Here’s how it works.
In addition to earning a Fast Start Commissions when you enroll a new member, when any of your personally enrolled members place their first product order, 10% of that order is paid out as a Customer Acquisition Bonus following the same structure as our Fast Start Commissions and Retail Commission.
Customer Acquisition Bonuses are paid out one-time on your new member’s first product order. First orders are paid out on up to $300 worth of products on that initial order. Customer Acquisition Bonuses are limited to one order per household. That means if you enroll 5 people at the same address, you will only receive the Customer Acquisition Bonus on the first one.
Customer Acquisition Bonuses are paid out weekly with Fast Start Commissions and Retail Commissions.
Summary
Ok, we’ve covered a lot in this post. Now you should be an expert on the LiveGood compensation plan and how its possible to earn $100, $500, or even $10,000 a month as a LiveGood affiliate.
If this is all too much information, I completely understand. Don’t be overwhelmed. Most of this information doesn’t really even matter. What matters is getting started and taking action.
Keep things simple, and don’t overthink it.