MLM Brutally Honest Review An Absolute Must Read!
MLM marketing (also known as network marketing) is a marketing structure used by some companies. The structure is designed to create a marketing and sales force by compensating promoters for both the sales of products they make and for new distributors they bring into the business that will promote the product as well.
People who join and promote the company product are known as distributors, they do not earn a salary but instead they are awarded a commission dependant on how many sales they make themselves and the sales of their downline. The process is similar to a franchise.
A down line is the people that have paid you to join the MLM business and you will get a percentage of their sales. So in essence you pay to join into the business and then for every product you or a member of your down line sell you earn money for.
Here are some advantages of MLM’s: Quick and easy to get set up, Can start straight away, If you join when the MLM business is relatively new you can stand to build a large down line and therefore earn a lot of money.
However there are Disadvantages of MLM’s: The methods are now becoming dated; this is because most MLM models encourage you to sell to your friends and family. They also involve cold calling which is where you ring up people and tell them about your product or from a list of people you can buy that have bought similar products in the past or have been used by other people in the MLM. If you join near the bottom of the line you don’t stand to make much money as the market has already been saturated by the people in your upline People with more advanced online and offline marketing techniques will do better than you Most MLM’s are pyramid schemes (which are illegal) in disguise
So overall I think MLM’s are outdated as the marketing techniques they teach are no longer effective. Nearly every MLM will not provide you with the real training you need on Internet Marketing if you are to make money online and set up a successful home business.
Now there of course there are people making money from MLM’s and I’m not by any means trying to say they cannot make you money, but there is a very high failure rate as there’s a lack of training and support!
One of the main reasons people choose to make money online is to have free time but at the beginning you will spend most of your time on the phone selling your product and most people will not buy from you which leads to you getting disheartened and is the main reason people give up!
However if you have got your mind set on joining an MLM make sure you join near the top of a line and that there will be the support and training you require!
it article came from the laptop of Jonathan Pitts. Jonathan is a very experienced Internet Marketer who has had a lot of success in it Industry! He now mentors others so they can become successful entrepreneurs too! Fed up of the Smoke in it Industry he has created a Truth Report giving the FACTS on how to Make Money Online! He could be charging $100’s for it but has decided giving it away for free!
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