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What do you think about Multi-level Marketing (MLM)

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    What do you think about Multi-level Marketing (MLM)

    Personally i have heard many different stories related to multi level marketing. Yes, I know i can find a lot of articles on internet dedicated to MLM, but i would like to hear real stories & opinions from you.

    Let's discuss!

    #Multi #level #Marketing Marketing & Monetization
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    idealmike

    idealmike

    Well MLM is like a pyramid scheme where you first start off as yourself, then you get other people under you to market your product or products, and they then get other people under them to market their products. So you have your 1st level marketers such as yourself or your team and then you have your 2nd level marketers such as any people they recruit, then you have your 3rd level people that hire and recruit 5th level people and so on. It's sometimes often referred to as Network Marketing or Referral Marketing or Pyramid Selling. There is no fixed salary with an MLM company you are paid in commission only. This is good because you're paid according to your sales volume and how many people you have under you selling so you could be selling more than they would pay you in salary or wages which will be capped at a certain amount. Not so with MLM.

    If I was given a chance to start all over again from the beginning, I would choose Network Marketing. The only thing is most MLM companies are fly-by-night and are not around for very long. Still, it's still one of the biggest markets of the world and has the biggest revenue turnover than any other. I mean, the music and gaming industry is worth around $150 billion combined, but Network Marketing is worth around $250 billion just on its own. What does that tell you? What do you think about Multi-level Marketing (MLM)
    10 years ago

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    TommyCarey

    TommyCarey

    I've never been of multi level marketing because it's never about the product or service, it's about gaining a down line and hoping they recruit so you can hopefully make some money.

    A lot of these multi level marketing systems are scams because the person building it is only interested in the money at the end of the tunnel and does not care if the whole system goes bottom up. But the thing is, the person who built this gets the majority of the money when everything crashes and you're left with nothing. And then they can start it all over again by using the same scripts, systems and emails to do it under a different name.

    Now I'm not saying all of these MLM systems are ponzi schemes, but most of them are pretty crappy. I still see people promoting "Make $12,457 a month within 30 days!" and after a little research I figure out it is just some horrible MLM system where you really just have to focus on building your down line and hope they get people in their down line. The bubble will pop eventually and you'll only be pissed off when it does lol What do you think about Multi-level Marketing (MLM)

    Now there are some decent MLM systems out there, but they are locked at second and third tiers. This means that your down line can only go as far as the people you referred getting referrals. This limits the amount of tiers and kind of regulates itself from being a bubble and popping over time. It doesn't guarantee it's safe, but there's less of a chance for catastrophic failure later on What do you think about Multi-level Marketing (MLM)


    Thanks,

    Razzy
    10 years ago

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    EliteWriter

    EliteWriter

    Honestly I do not like these types of methods. MLM for me are like promos that keep telling you that you will get rich quickly, and you will start earning a high amount of money within a short period of time, etc - but when you really understand what it is all about you realize that you would need MANY people under you to manage to do that, and what are the odds of getting that many? To me they are slim, and personally I would prefer to devote my time doing something that I am sure will allow me to earn something, such as writing articles, than wait and hope for people to sign up under me.
    10 years ago

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    ajlancer

    ajlancer

    HI Thanks for nice question. I think MLM means multi level marketing it is just marketing method. And MLM business identify also by network marketing also. And they has several marketing method for example pyramid method. And it has allocate by Hand by hand. I mean one a principle person and he has one left person and another right person and they carry forewords business. I support as marketing method of MLM. But problem is most of the MLM company misguided and apply fraud marketing method on his client. And they show large dream to people to make quick rich man within short time. Rather they do fraud to the clients after something by selling invisible product and I would like to say air product. And most of the MLM company do not sell visible or physical product to the client. Their intention just to do fraud and after collect massive amount of money just make hide themselves.

    Thanks by Ajlancer
    10 years ago

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    vinaya

    vinaya

    Since I have been cheated by a certain MLM program, I speak of no good things about MLM. MLM is a Ponzi style pyramid scheme, where the old members are paid through the funds deposited by the new members. When the new members become old after weeks, months, they will be paid through the funds deposited by new members. This goes on and on until the owner can find someone who is willing to put money. When that stops, the program shuts down
    9 years ago

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    Barida

    Barida

    Multi-level marketing is a great way one can make money by selling products of companies that are of the programs such as skin products manufacturing companies, food supplements products and the rest. However, there is need to be cautioned not to deal with companies that offer fake products, so that you don't end up spending your time and energy to get into trouble as a result.
    9 years ago

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    vinaya

    vinaya

    Can you actually make money through MLM programs? I doubt. First of all you have to pay for subscription fees, which can be monthly or one time. Secondly, you need to buy the products and then sell these products. Selling MLM products is really difficult because they are expensive. generally speaking, MLM products cost three hundred times more than similar products.
    8 years ago

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    Corzhens

    Corzhens

    This multi-level marketing scheme started here way back in the 1980s. I was invited by a colleague to join. The sales pitch was pretty good and the items also looked good, shampoo and other cleaning agents for household use. However, upon close study, I realized that it is foolish to work and give part of my earnings to the one who recruited me. It is unfair. And the rebuttal is that I would also be earning more when I get recruits of my own. Sorry but it is against my religion to take advantage of people. Honest work, honest pay. That’s my motto.
    8 years ago

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