Climbing the Crumbling Ladder of Network Marketing
Posted by shenron on 26 Aug 2007 at 09:58 am | Tagged as: Scams Guide
Multilevel marketing has been in dire straits lately. Though there are legitimate ones, majority of the people are burned by various Ponzi and pyramiding schemes. All states in the
It’s not a question whether you’re going to earn money from a multilevel marketing because the truth is you can. The ultimate challenge is for how long.
1. You don’t basically have to work on residual income alone.
It’s a common promise among alleged multilevel marketers that you only have to sweat once and you’ll be paid eternally. Such is not the case in the real world. Don’t rely on these misleading statements, much more if the person cannot present any solid proof.
Many depend on the “residual income” the newly recruited members can generate. Others even opt to sponsor one just to jump start the members’ career. The challenge is how to sustain them so they can give you the income that you need. Worse, they either jump ship or stop all together. It means cost on your part and damage in your stream of income.
2. There’s no such thing as automated websites or duplicated systems.
Heard of binary system? It’s a new MLM concept where you recruit only two people, each belonging to your left and right side. Each of these persons will be encouraged to recruit at least two people, which will serve as their subordinates. The process goes on and on. You earn a lot for every opposing pair you can make. For example, you pair A on your right side to B, who belongs to the left side.
If you’re really smart, then you can certainly make quick and huge income about it. The dilemma sets in, though, once a number of these people stop recruiting. What will happen to your income flow? Or better yet, can you expect for more?
If the marketing system relies on such system, then you better look for other opportunities. Aside from real work, you cannot duplicate people.
3. A real MLM has quality products to speak of.
The real thrust of multilevel marketing should be to promote and sell products the fastest way possible—that is, enticing people to sell them while getting commissions and other forms of income on the side. An authentic MLM should have their own showroom where any prospective member can get to view first hand what their products are or how to use them, a product brochure or catalog, and quality products to sell.
If this has only become secondary in the business, then you better tell yourself to stop the craziness and look for business elsewhere.
4. Anyone can do the business.
Who says business is only for a selected few? If you have the gall and the guts, then you can take on the challenge. But if the marketing business relies solely on new recruits, then you’re on your way down. A legitimate business requires real hard work and solid experience.
There’s no shortcut to any kind of business, unless you want to settle for fake ones.
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