Network Marketing with Magnetic Sponsoring and The Renegade

 By Mike Klingler

Genewize  Launches Network Marketing Operations

In August of 2008, Genewize Life Sciences officially joined the network marketing industry. The company has been working on developing a product designed to bring DNA based food to the marketplace.

If you’re interested in a start-up network marketing company in the health and wellness industry, Genewize is certainly offering a unique proposition. It also doesn’t hurt the fact that some of its founding distributors are already utilizing internet network marketing tools like Squidoo.

This company is certainly not a traditional juice or vitamin company. They are offering a product that is coming to the marketplace with a pretty unique offering.

Let Your Body Tell You What Network Marketing Products You Need

Genewize offers its customers a program known as the Genewize DNA Assessment Kit. What this kit does is allow you to give a DNA sample. Then, using this sample, Genewize is able to determine what nutrients are best for your individual body so that it can perform at optimal health.

Genewize then conveniently sends you a product formula that matches up with the needs of your body based on the results of your DNA assessment. This allows you to get the nutrients that you need quickly and easily.

Most network marketing companies tell you what nutrients you should take. They claim that their specific products and supplements are the best for your body and encourage you to take them and refer them to your friends and family.

This formula has worked well for many. It has produced several billion dollars and a multitude of multi-dollar network marketing companies in the health and wellness industry.

How Much Money Can You Make With The Genewize Business Opportunity?

As an independent affiliate with Genewize, there are several ways you can earn income with the company. The first way is to market the products. Your retail profit is about 25% of that amount. The products cost $199 for the first month and $99 each additional month.

However, you only start to earn this commission after you enroll your first four customers. Prior to that, the previous four simply go towards helping you to earn your product for free.

The second way you earn income is based on the sales produced by the affiliates that you recruit into your organization. Genewize uses a binary compensation plan to compensate its affiliates.

What this means is that your affiliates are structured into 2 legs. You have a left leg and you have a right leg. Any additional affiliates that you recruit beyond 2 are placed in one of these two legs. As your teams go out and make sales, these sales count towards your overall sales volume (known as BV).

When the “weakest” of the two legs produces at least 500 BV, you earn a commission based on that production. The amount you earn depends on the rank you are in the compensation plan and ranges from 10% to 20%. So for instance if your earnings is 10%, on 500 BV you earn $50.

You also earn a matching bonus anywhere from 10% to 40% based on the volume produced by any affiliate that you personally recruit into the organization. This percentage is also based on the rank you are at in the compensation plan.

Genewize Leaders Are Already Using Internet Network Marketing!

One benefit to Genewize is that many of the leaders are already using internet network marketing. This is a good thing as it means that you typically won’t get any rebellion from your upline for using these types of strategies.

In many of the older companies, the leaders have built their businesses using traditional network marketing strategies. These strategies are not as effective as they were before and in some cases don’t even work anymore. However, some leaders feel vested to these strategies so they continue to teach them.

With Genewize as long as you work with one of the leaders that already uses these types of strategies, you won’t have to worry about being a “Renegade Network Marketer” like many other distributors have found themselves to be in other companies.

To get the help you need to grow your business, click for step-by-step Internet Network Marketing Training.