billthegeek
New member
It works by recruiting more and more people. If the company goes bankrupt, the newcomers lose their money whereas the old timers get away with their money.
MLM multi level marketing, Network marketing, your views
- Thread starter LadyInTears
- Start date
Tribalcast
New member
LFI anyone?
tim098
New member
To me if the product is honestly a proper, marketable useful product, MLM would be an excellent marketing model.
The person at the bottom sells, earns lets say $90 commission. His 'head' will also get a part, maybe $30 for each sale of his underlings. If the product really is good, there is nothing bad about MLM.
Sadly though, the mere mention of MLM brings to mind all the goons in shirt and pants, usually carrying a file and asking people to buy strange irrelevant products at inexorbitant prices. If it was a good product and worth its price, then MLM would be good.
I am sure there are some good MLM companies here, does anyone know? Can't be that every single one of them are selling products that the average singaporean wouldn't buy
The person at the bottom sells, earns lets say $90 commission. His 'head' will also get a part, maybe $30 for each sale of his underlings. If the product really is good, there is nothing bad about MLM.
Sadly though, the mere mention of MLM brings to mind all the goons in shirt and pants, usually carrying a file and asking people to buy strange irrelevant products at inexorbitant prices. If it was a good product and worth its price, then MLM would be good.
I am sure there are some good MLM companies here, does anyone know? Can't be that every single one of them are selling products that the average singaporean wouldn't buy
vx02
New member
i have students friends who earn 3k a mth working for MLMs, and those who got cheated of their money (think sunshine empire. haha). But, i'd never join an MLM. its just not worth your time. the chances of you earning the big bucks gets exponentially smaller by every level of recruitment. just not worth your money.
LadyInTears
Well-known member
i agree that it makes a good business model, my father told me, that MLM does not work in singapore because the focus is on money, whereas MLM companies in the States first work to help others, and the money comes as a bonus.
for the record, if one day the downlines quit, the uplines will all lose part of their income? it is true that the brainwashing part does happen, well not exactly brainwash but it plays on your ego, makes you think that youre gonna earn those big bucks.
the MLM which most appealed to me is Venture Era, their products work, healthy working environment, but just a google search on Venture Era and you can find thousands of complaints and flaming threads to diss Venture Era, this alone is highly suspicious
for the record, if one day the downlines quit, the uplines will all lose part of their income? it is true that the brainwashing part does happen, well not exactly brainwash but it plays on your ego, makes you think that youre gonna earn those big bucks.
the MLM which most appealed to me is Venture Era, their products work, healthy working environment, but just a google search on Venture Era and you can find thousands of complaints and flaming threads to diss Venture Era, this alone is highly suspicious
EugeneSmasher
New member
I've had scrapes with MLM plenty of times before. One that sticks in my mind is Venture Era. Would you believe it was advertised as a manager assisting job, and when I got there, it turned out to be MLM? I live in Woodlands and it cost me in terms of transport and time. Technically, they lied to me and tricked me to go down there.
I agree. MLM has no integrity.
I agree. MLM has no integrity.
The typical MLM goons are kinda like these:
- mainly in their 20's to early 30's
- think they know everything already and are smarter than you
- carry a Robert Kiyosaki book like a Bible and tell you The Man endorses MLM
- talk much more about getting rich building downlines than the merits of their products (if any)
- boast to you they are different from pyramid scheme because their air-freshener can cure insomia, migrane, heart disease and even cancer. Plus it has that secret patented ingredients to help you lose weight overnight
- like to badmouth other MLM companies during their presentations
- use the phrase "financial freedom" 101 times over a single presentation
- often resort to pressure tactics and hard selling if you continue to refuse them
- talk a lot about their formulated "win-win" system and "win-win" business strategy, where any sane person can tell you the people who actually "win" are the top few who laugh their way to the bank
- frequently engage in "MLM wars" by trying to poach members from other MLM companies
- follow their leaders/uplines by hopping from one MLM company to another like a sheep, even though it is the company they previously badmouthed
- MLM "group presentation" style; two goons will flank your left and right, one goon will block your retreating path/exit, and the goon leader will be somewhere in the room with a watchful eye ready to move in if you insist on saying no.
edder
New member
anyone ever did a search on Robert Kiyosaki? :mrgreen:
Go ahead and have a field day.
http://johntreed.com/Kiyosaki.html
Go ahead and have a field day.
http://johntreed.com/Kiyosaki.html
^ Haha, nice site. I always thought Kiyosaki's RDPD book is quite dubious. But after reading that, I now know he is a bigtime bullshitter! No wonder these MLM people worship him. 
On a separate note...due to the current economic downturn, there are a lot of self-professed "gurus" selling their get-rich courses, training and schemes out there. Just be wary because some of them are fakes and bullshits. You know, the pian chia type.
On a separate note...due to the current economic downturn, there are a lot of self-professed "gurus" selling their get-rich courses, training and schemes out there. Just be wary because some of them are fakes and bullshits. You know, the pian chia type.
vx02
New member
you lose alot of trust for these people. this year alone i've lost my faith in 2 friends and 1 family member. now i suspect there's a hidden agenda behind every good thing they do.
I mean there are some like amway which sell some useful hsehold products which is not that bad imo. But those freaking fake ones that is clearly a fraud is really just SHIT, cuz u really do ur sales to ur frens n family, n u ask them target their as well.
The thing is, there r ppl stupid enuf to buy when u noe its really fake. Like sunshine empire, wat wireless city in taiwan??? If something like that is real, then the news alr will announce.
There r ppl who shun real investments but get suckered into these scams
The thing is, there r ppl stupid enuf to buy when u noe its really fake. Like sunshine empire, wat wireless city in taiwan??? If something like that is real, then the news alr will announce.
There r ppl who shun real investments but get suckered into these scams
superpotato_30
New member
Ouch.. what exactly happened.
at the end of the day, its not the system that is wrong. its the people who make use of that system. insurance agents work under smth similar to MLM too. but they are selling genuine policies to help you and one that you need. however again, there still are people who go about trying to sell you policies with exorbitant premiums to earn your commission, and not a policy that is most suited to your needs.
Dear all,
I came across this posting while doing research on the internet for information on MLM to keep abreast of the market.
I would say that I agree with what most of you posted on the MLM system.
But not all are bad, and I am not trying to push my company.
Let me set this straight....and see if I make sense.
Open your mind without prejudice and read on.
1)Why most new MLM marketer failed within first yr, or give up within 3-6months?
MLM is not suitable for most people, success doesn't happen overnight.
People give up too easily when they are faced with difficulty, especially in MLM. Because it is up to themselves to determine their earnings, but society has conditioned us to think that it is always more stable and secure to work for others, therefore when you cannot make it, you give up.
But if you are given a difficult task to do by your Boss, will you tell him it is too difficult to do?? You will definately work your ass off till you complete it right?
You must have a strong mondset and passion to start with MLM, otherwise you are already doomed from day 1.
For myself, when I recruit my downline, I always qualify them on this point first. They can have no experience whatsoever, but the mindset must be right. I always rejected people coming to me that expects to make it in 3 to 6 month....honestly ...this WILL NOT HAPPEN. It will take at least 2yrs before you can see your recurring income above $5k/month, with hard work. It will take you 1 yr to learn the trade, to accept rejections, to move on until you find the right candidates etc...
2) Inadequate Training, and ask to approach your own family and friends.
Unfortunately this happens with a lot of MLM people. After they are recruited, they are given the very basic training...product knowledge, approach your friends and family etc...
These so called methods is way ancient, belongs to the 80s.
I remember that my very first downline was a stranger I have never met, but through my Propsecting stragedy, I managed to recruit her because she had the type of mindset I was looking for. I did not even bother to approach my friends who I know are not into this, because I still want to meet them for coffee etc...without them fearing to meet me.
I do not advocate my downlines to approach their immediate circle of people, not unless certain products will be beneficial to them. NEVER EVER approach your immediate circle of people, it will tear you apart and you will lose them.
Unless you have a big family that have the MLM mindset, otherwise I rest my case.
3) No retention and growth of your MLM organisation. Therefore no not making any money
To Succeed, you need a strong group to support your actions and plans, without which you are just like a lost lamb in a jungle. Many uplines only focus on recruiting but failed to retain and retrain your downlines. This will cause a high turn over of downlines, which leads to the failure of a MLM organisation. This will explains why you are not making any money because you are only recruiting to fill up the numbers that leaves your organisation, NOT growing your organisation.
4) Products that are passe...
Unless you have products that everyone will use, like what the supermarkets provide, but even better, safer and at a reasonable you will have a dead market. Who will pay hundreds for health juices, magnetic beds, air purifier etc...that they can do without? Will you? these are all hypes and feel good feeling that will die a natural death, therefore you can forget about growing your income!
there are many more factors involved but with these 4 factors, whether you make or break your future in MLM is enough to show!
Any comments....anyone!
I came across this posting while doing research on the internet for information on MLM to keep abreast of the market.
I would say that I agree with what most of you posted on the MLM system.
But not all are bad, and I am not trying to push my company.
Let me set this straight....and see if I make sense.
Open your mind without prejudice and read on.
1)Why most new MLM marketer failed within first yr, or give up within 3-6months?
MLM is not suitable for most people, success doesn't happen overnight.
People give up too easily when they are faced with difficulty, especially in MLM. Because it is up to themselves to determine their earnings, but society has conditioned us to think that it is always more stable and secure to work for others, therefore when you cannot make it, you give up.
But if you are given a difficult task to do by your Boss, will you tell him it is too difficult to do?? You will definately work your ass off till you complete it right?
You must have a strong mondset and passion to start with MLM, otherwise you are already doomed from day 1.
For myself, when I recruit my downline, I always qualify them on this point first. They can have no experience whatsoever, but the mindset must be right. I always rejected people coming to me that expects to make it in 3 to 6 month....honestly ...this WILL NOT HAPPEN. It will take at least 2yrs before you can see your recurring income above $5k/month, with hard work. It will take you 1 yr to learn the trade, to accept rejections, to move on until you find the right candidates etc...
2) Inadequate Training, and ask to approach your own family and friends.
Unfortunately this happens with a lot of MLM people. After they are recruited, they are given the very basic training...product knowledge, approach your friends and family etc...
These so called methods is way ancient, belongs to the 80s.
I remember that my very first downline was a stranger I have never met, but through my Propsecting stragedy, I managed to recruit her because she had the type of mindset I was looking for. I did not even bother to approach my friends who I know are not into this, because I still want to meet them for coffee etc...without them fearing to meet me.
I do not advocate my downlines to approach their immediate circle of people, not unless certain products will be beneficial to them. NEVER EVER approach your immediate circle of people, it will tear you apart and you will lose them.
Unless you have a big family that have the MLM mindset, otherwise I rest my case.
3) No retention and growth of your MLM organisation. Therefore no not making any money
To Succeed, you need a strong group to support your actions and plans, without which you are just like a lost lamb in a jungle. Many uplines only focus on recruiting but failed to retain and retrain your downlines. This will cause a high turn over of downlines, which leads to the failure of a MLM organisation. This will explains why you are not making any money because you are only recruiting to fill up the numbers that leaves your organisation, NOT growing your organisation.
4) Products that are passe...
Unless you have products that everyone will use, like what the supermarkets provide, but even better, safer and at a reasonable you will have a dead market. Who will pay hundreds for health juices, magnetic beds, air purifier etc...that they can do without? Will you? these are all hypes and feel good feeling that will die a natural death, therefore you can forget about growing your income!
there are many more factors involved but with these 4 factors, whether you make or break your future in MLM is enough to show!
Any comments....anyone!
LadyInTears
Well-known member
^ haha
up your points, damn dumb people create accs just to do this,
i guess its that guy offering jobs
up your points, damn dumb people create accs just to do this,
i guess its that guy offering jobs
Similar threads
- Locked
