Is multi level marketing a scam?
19 January, 2008
M L M stands for multi level marketing.The theory is you can leverage the efforts of others.Is it a scam ?NO its not unless its a pyramid scheme where you get a commission solely for recruiting someone.Most people who join joins them in the hope of earning residual income.Truth is 97 percent of them hardly ever make money.I am not counting those 8 dollar checks.Almost none of them have any experience in network marketing business or any other business to speak of.And the biggest challenge they face in multi level marketing is recruiting and when they are able to recruit some people ,some of the people from their down line will just drop off.Its a constant game of recruiting and trying to hold back the people who have been recruited.Worse thing is in traditional multi level marketing you basically have to recruit a small army before you can earn serious money that you can retire on.
Most multi level companies sell health and nutritional products which has very low retail values and they all claim that theirs the best.So basically someone joins a particular company cause he or she has been promised of that residual income.But as months pass by and as the distributor is unable to recruit anyone or sale any product he gets demoralized and ends up going back to his 9-5 J.O.B(just over broke).
That is the typical scenario you will see in any multi level marketing company today.Ask me what about those guys on the stage who ARE making money.Well they are the 3 percent in the industry who makes the money.Unless you don't have excellent I mean super duper communication skills you have no chance of being in that position....or is it?
Lets look at some of the ways new distributors are trained to recruit people.
1)Approach anybody within 3 meters of you.
2)Bug you uncle Sam and aunt Mary to the point that they don't want to see your face even when they are dying.
3)Drag your friends to some hotel meeting.
4)Oh,where you told to make that list of 50 people you know and then asked which of them falls in the top ten list?
5)Drop your business cards in restrooms.
6)what else more!!!!
The theory that you recruit 2 people and those 2 people will recruit 2 each don't work.
So what is the solution?Are you not tired of trying to sell that super healthy vitamin juice and can't just seem to get anyone interested?Do your friends laugh at you when you tell them about your so called amazing business opportunity?I was in that position.Not anymore.I found the answer to the problem by choosing the right marketing methods and choosing the right company to work with.
Internet marketing is the best way to market your business or your opportunity.You don't have to get out of your comfort zone to do it.So long you have a computer with an internet connection(dial up connection is ok) and a cell phone you are good to go.There are many ways to do marketing in the internet.Blogging,pay per click,email marketing,video marketing,participating in online forums are just some of the ways you can do marketing to promote your multi level marketing business.Do some research and you will discover a whole new world of promoting your multi level marketing business.Many of these methods would go directly against the ways your up line has told you to promote your business.But trust me you will be amazed what the internet can do to explode your business.
Now about choosing the right company.If you are already in a company and satisfied(that should mean your are making money) this is not for you.But you are thinking about joining a company you need to investigate first couple of simple things.Check how long the company has been in business.Check if theirs compensation plan is fit for you.Find out if they are interested in you achieving your goals rather than simply theirs.I hope this article helps people who are struggling in multi level marketing or thinking about joining multi level marketing.Multi level marketing undeniably is the best way to achieve true financial independence and time freedom if you know what you are doing.
Maashuk Ahmed has been successfully working in network marketing for quite sometime now.His passion is to work with people who are seriously looking to change their lives.He currently is also serving in the US ARMY as a reserve soldier.
Ahmed Maashuk
Global Resorts Network
3475273159
www.vacationclubforless.com