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This business is now closed down.
In Business Since: 2004
Comments: BioNovix offers you an income opportunity to have your own successful business. How successful is usually dependent on how much work you do to make it work. BioNovix offers you the tools to gain your own business. You will be working with permission based marketing of the products they sell at BioNovix. There are several ways to earn income. Referrals are just one way to get the products promoted and available to your friends and family. Most often individuals want to test a product before they buy. The business opportunity with BioNovix allows your customers to test products to make sure your customers will be satisfied.
The idea of the BioNovix income opportunity is to provide you with more monthly income and a business that you will enjoy over something you have been doing for years. They have a two fold compensation plan to help you earn the money you need. First with BioNovix you are able to decide on the amount of compensation you earn. In other words how much you sell in volume and your level of performance is how the compensation is going to be determined. The second type of compensation with BioNovix is going to be the guide. You are going to be guided to realistic goals to set for your business over the ones that you cannot really reach.
Advantages: BioNovix is just what the wellness community is looking for. The baby boomers are more concerned now about living long and living healthy! The products are backed by a group of scientists and the are always looking to better their products, marketing materials and community.
Their Wellness Index Test is leading edge with very little completion.
Disadvantages: Selling the products most individuals will find a great deal of competition. For the first time business builder this might become a challenge. The current product line is not backed up by any patents.
Entities:
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Transferable
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Saleable
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Willable
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Structure as Corporation Entity
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Yes
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Yes
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Yes
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Yes, but limited
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Financial Strength: Good – trying to expand in Korea
Management: Strong
Online Training & Support: Excellent online support with 4 websites: one for the business opportunity, one for their internet service, one for their utilities division, and one for their newly added global mall. More comprehensive support is available through their representative's only area where reps can access the latest corporate news, current events, important documents, as well as order products and marketing tools, and view genealogy reports. Recently added is an online sign-up system that can be used by anyone with internet access.
Field Training & Support: Good
Motivational Support: Good
Products/Services:
MERIDIUMXN™ a patented bioactive phytonutrient compound that supports a healthy metabolism.
MERIDIUMXH™ the extra-strength formula of MERIDIUMXN™.
The Wellness Index Test: Lab Version now available for purchase. We have partnered with a fully accredited and certified clinical reference laboratory to test and provide you with your unique Isoprostane Score.
Compensation Plan: BioNovix is going to offer you income, a system that works, and enable you to start a business. The compensation plan is how you will earn that income off of the successful business you start with BioNovix. There are three phases in the compensation plan. You have the enroller qualifications that will determine how much you can earn in a period of time and then the bonus amount.
The different levels are going to earn you different bonus amounts on top of the regular compensation. For instance for a first time person you are usually going to have up to $25 in your first bonus. The higher you work in the business the more bonuses you will receive for the orders you sell of the BioNovix product.
The idea is that you start of buying any kit BioNovix sells and then you work through different means such as online retail, and parties to sell the items. As you continue to sell you move up in the qualification status to where you earn more income. You can be a senior consultant, managing consultant, director, area director, and much more as you work your way up the levels. To earn a new level you do have to sell more products.
Goal is that the more you sell the more income you will make and of course the more opportunity you have. With BioNovix you can also sponsor individuals and have individuals added on to your consultant business creating more levels for you and your comrades to reach as you sell and make a success out of the business. There has to be some maintenance in the business you have with BioNovix in order to gain more income.
Health Insurance Plan Available: Unsure
Territories: USA
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