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Is (MLM)Multi Level Marketing a Scam?
This is probably one of the biggest controversial industries online and that’s the mlm business.
I have talked to hundreds of people and have seen a pattern in the way people do mlm marketing, get mlm leads, do mlm training, get into mlm companies, mlm home based businesses, mlm opportunities, use mlm software online, get caught up in mlm compensation plans, how people recruit prospects in their mlm downline and the list goes on!
So what I want to share in this (mlm) multi level marketing video is:
* What is MLM?
Multi-level marketing (MLM), also known as network marketing, is a business-distribution model that allows a parent company to market its products directly to consumers by means of relationship referrals and direct selling.
Independent, unsalaried salespeople of multi-level marketing, referred to as distributors (or associates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), represent the parent company and are awarded a commission based upon the volume of product sold through each of their independent businesses (organizations).
* Pros and Cons of Joining MLM
MLM PROS Possible Reasons that MLM Could Be a Great Business For You!
1. Usually start-up costs are low.
2. Many of the highest-quality products are manufactured by MLM companies.
3. You can work it part time if you choose, which allows you to work a job fulltime and work your MLM business in your spare time.
4. You can work from your home.
5. Your business expenses will be deductible from your income tax.
6. You will be your own boss.
7. You choose which hours you want to work.
8. You may develop a small extra income or possibly even a very large income, allowing you to quit your job, or have a great retirement.
9. Your income will be a residual income, which will come to you month-after-month, year-after-year.
10. You will have time freedom.
11. You will meet many like-minded people.
MLM CONS Possible Reasons that MLM Should NOT Be the Business For You!
1. At first you could work very, very hard without making any money!
2. The ease of start-up can cause people to get into several companies, with the mistaken belief that they can easily develop several income streams. This causes a lack of focus and makes the person far more likely to fail.
3. The products could be overpriced and it may be difficult to determine whether they are any better than you could purchase at a discount store.
4. People may look at what is possible to make with MLM instead of what is likely to happen. There are a lot of very inaccurate get-rich quick claims out there. When success doesnt come quickly, a person may be more likely to quit and join something else.
5. It can be very hard to distinguish a legitimate company or opportunity from a scam.
6. Many people do not seem to realize that it takes time and money to build a solid business.
7. Ideally, MLM is based on everyone doing a little bit. In reality, most people dont do their part, making it necessary for the few workers to work much harder to find any amount of success!
8. The failure rate is extremely high.
9. As in any business, to succeed with MLM takes a lot of dedication.
10. Unlike a job where you may punch a clock or have a certain number of hours to work each day, no one is requiring you to do anything with your MLM business. YOU must be the one to decide to work it, or invest your money into advertising. It takes true self-discipline!
11. Your family and friends may not at all understand what you are trying to accomplish. Hopefully, you will get very helpful support from others, but realize that they may not support you at all, no matter how dedicated you are!
* Why MLMers Fail!
* The Truth Revealed Is MLM really a scam?
Now there is a long mlm list of different opinions on the subject which is why I want you to comment below and tell me one pro and con about mlm and what your experience has been.
It’s to bad that this mlm industry is one of the most failed opportunities online and that very few have mlm success. So it’s time to learn from not only my mistakes, but from the community of people who have gone through it.
If you are marketing your mlm business, or paying for expensive leads and advertising and want to learn how to generate free quality leads that call you daily. Then visit:
http://www.tubeninja.com
And learn my ninja marketing secrets. Thanks Ninjas!
Your Ninja Sensai,
Steve Schuitt
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Duration : 0:7:5
{ 25 comments… read them below or add one }
Con artists who …
Con artists who start cults & MLMs pattern their work after previous con artists. They use same techniques that work on people: social proof, testimonials, telling people what they want to hear, etc. They have all angles figured out. They sell an idea that 98% of the population are “losers.” That way when 98% of the people in the MLM fail, they can say “well that’s because they are a part of the 98%.” 98% failure rate is worse odds than gambling. Intelligence should tell us this is danger
GREAT VIDEO!!! MLM …
GREAT VIDEO!!! MLM is a great opportunity for NON actors / singers / authors to make a real residual income! timing is everything though! >>> digitalmike.acnrep(.com)
The Corporate …
The Corporate Structure of MLM is like Microsoft. But the earnings are not. You are paid for walking into the job. Managers are paid a different salary than an Engineer when they walk into their job.
MLM – Motherf*# …
MLM – Motherf*# Losers at Marketing! LOL
Wow, someone who …
Wow, someone who actually realizes that MLM is legit though. But at the end of the day, wouldnt you rather spend 2-3 years working hard and getting paid forever. Amway Global has been here for 50 YEARS! it is legit people. I’m 21 and growing this thing and its serious. I’m with LTD who use Amway as our supplier. Anyone who is skeptical about amway, i just want to say that it is legit. they WILL pay you however much you are supposed to get paid. listen to tim sales, he explains it very well.
hmmm
hmmm
Awesome Content, …
Awesome Content, very helpful! Hit me back
Halflinks it stills …
Halflinks it stills sounds better than being at the bottom of a corp. Amer JOB. or worse! The end of the unemployment line!
Think about it, Are …
Think about it, Are you at the top of your mlm buisness, or is someone above you? If someone is above you, then it is not your buisness
Sorry but if you …
Sorry but if you are not invited to the top tier of an mlm you will never get there, you stand a better chance of being a CEO of Best Buy etc.
I agreed, 100%
I agreed, 100%
AmWay, is still …
AmWay, is still close to Microsoft, what’s your Bingo about? haha
Wrong, the CEO of …
Wrong, the CEO of your employer is a top position paramid you will never get to in your life, especially when he and his VP is making good money. I like to think so, of Most MLM still alive, who’s the collapses?
want to make more …
want to make more money?
simplefastcash.blogspot(.)com
I meant Amway. …
I meant Amway. Typo.
primerica is pretty …
primerica is pretty … i wouldn’t consider it a “real” mlm. lol it’s just so lame.
what’s amay though, i’ve heard of amway global inc.
people fail in life …
people fail in life because they lack acces to information, the truth
Recruit, recruit, …
Recruit, recruit, recruit!
Buy motivational crap!
Go to rah-rah meetings!
Yea Amay! Yea Primerica! Yea we will be rich!
Solid positioning …
Solid positioning in showing the pros & cons of this industry. IMO, there are no absolutes when it comes to any business model. I’ve had my successes in MLM (1528 distributors w/ 478 people netting up to $2,500/mo) my failures (13% attrition rate) and other challenges. You DO work your tail off, you DO have to stay focused and you DO have to treat this like a traditional business. There are ZERO shortcuts in life – same as this industry. Build a strong foundation and success will come.
When it comes to …
When it comes to MLM you need to offer a valuable product or service. and from what i have noticed AMWAY still exist since they are now making commercials. So get your facts straight “MalayJudge”
And there is no way to saturate the market if you did your research. and is there only ONE neighborhood in the world? is pepsi and cocacola in one neighborhood?
i am from NYC so i am sure i can talk to several 100’s of people if i wanted to push an MLM system to work.
Common, dont …
Common, dont bullshit us..
every MLM is a con…. Multilevel mumbo of exploitation.
If MLM really works, what happened to AMWAY and NEWAYS… the most wellknow of this MLM? disappeared like a dead dog in my neighborhood.
some idiot tried to continue Amway but so shy to refer to it as amway so called it group 21 and all that bullshitl.
this video did not talk about saturation.. just recruit 2 downlineers, at 5 level, the whole neighborhood is gone, so who to recruit next? bullshit
This is a very good …
This is a very good video, but it could be explained better. Take my advice, I’m an Internet Network Marketer. Check out my channel. There is a video I made called “What Exactly Is MLM / Network Marketing??? Learn The Truth!” Watch it.
To Your Success,
Brad Marcus
hhee
hhee
zzz
zzz
Nice video, Come …
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