Pages

புதன், மே 11, 2011

Network Marketing - MLM


MLM – NETWORK MARKETING  
What is an MLM ???

Multi-Level Marketing (MLM), also known as Network Marketing (the preferred name nowadays) is a business distribution system that allows a parent company to market their products directly to consumers by means of direct selling and relationship referral (this "relationship" can be family, religious, group, or any ethnic connection).  Independent unsalaried salespeople called "Distributors, Associates, Independent Business Owners, Consultants, Independent Agents, etc. etc etc.", represent the parent company.  They are offered commissions based on what they sell directly, plus they are promised a percentage or royalty on the sales of those people they sign up as distributors below them, and even more from the sales those distributors sign up as distributors, hence the "multi-level" aspect of it all. 

Question:  Is this a good way to make a living and is it as easy to make money as they promote that it is?  Are these companies honest and ethical?  Are their products any good at all?

Answer:  Some of them are OK and have common products at best, but ALL of them are High-priced, Money-making Ventures.

But, what is the real downside of MLM's???  Read on.

#1.  They offer promises of HELP and swear to CHANGE THINGS FOR THE BETTER!  And yet in most cases, these promises are no more than another money-making scheme.  Most of them are just a Bill of Goods being sold to the next sucker who comes along. 

#2.  All MLM's claim to have some special, one-of-a-kind  formula that only they have, or that only they can get, and the only way you can get this "magical", "super-duper" formula is through their program.  Many times in the past, I've taken the challenge and have been able to either duplicate the formula myself, or was able to purchase the exact same product elsewhere.  Most importantly, every time I investigated one of these schemes, I found them for the most part to be far inferior to what I was already teaching others to do or make for themselves.  This leads me to:

#3.  MLM products are very EXPENSIVE!!!  They need to pay a great deal to these "down-lines", in order to keep their money hungry Distributors happy.  #2 is really only a sales pitch to justify #3, so that a few, very hard working Distributors, and of course the Owners, get to make a ton of money.  And the top Distributors DO work their buns off, to make this great money.  These boys at the top of the pyramid do NOT do this in their spare time as is always promoted.  Also, as stated earlier, many of these products are actually inferior and sometimes they are actually downright bad.  The major thrust is towards making money.  How do I know about such things???  I was in on the ground floor when an MLM called TradeNet was being set up and incorporated, and when I discovered the unethical behavior going on, I blew the whistle on it.  I had even worked out the math to make it an honest program, but the owners weren't interested, preferring to push their con job.  Believe me, I've done a very thorough investigation of MLM's including having had talks with MLM attorneys on the subject.  It is an area I know very well.

#4.  Almost always, MLM's will push the owner of the company as being the most selfless holy man that ever graced the surface of the planet.  They place this ethical Saint on the right hand side of God while he distributes his " one-of-a-kind formula and products" in apparent charity on the rest of mankind.  As usual, the bottom line for these dudes is the BUCK, and their generosity is, as their product is, a total scam.

#5.  Often times, many of the big distributors will use a position or membership in a religious or ethnic group to push the products of the MLM.  They will use the beliefs or special words of this religion as part of their pitch.  We then get a TradeNet, or an INMT (International Metals and Trade), or an Environmental Building Products, etc.  Every one of these scum bags used religious and / or ethnic connections to push their schemes and to further line their own pockets while promising "Big Bucks" to everyone else, but taking people for the ride of their lives, and delivering nothing!!!

I've lost "friends" over this issue, and from what I've heard, businesses and even families have broken up over these things.  The number of cons out there never ceases to amaze me and I have yet to see a truly ethical MLM, especially in the Health field.  

Yours in Knowledge, Health and Freedom,    

Doc

கருத்துகள் இல்லை: