MLM Brutally Honest Review An Absolute Must Read!
By Jonathan Pitts
MLM Marketing is a marketing structure that is used by some companies. The structure is designed to create a marketing and sales force by paying promoters for both the sales of the companies products they make and for new distributors they bring into the business that will go on to promote the companies 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 downline 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 you will earn for every person you bring into the business and any future sales they make.
So here's a few examples of MLM businesses; Quick and easy to get set up, Can start straight away if you like, if you join near the top of the MLM business line you can stand to make a lot of money by building a large downline and earning lots of commissions.
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 in my opinion MLM's are out dated nowadays as the marketing techniques have been around for years and more modern business models take so many sales away from MLM businesses. Nearly all MLM's do not teach you how to market their product instead you have to pay additional for education in marketing
They leave most people making no money from the business and have therefore wasted their signing on fee.
One of the main reasons people join an MLM is because of the lifestyle that is portrayed however at the beginning you will spend most of your time calling people on the phone and more often than not getting negative responses. This doesn't sound like fun to me!
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!
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 downline 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 you will earn for every person you bring into the business and any future sales they make.
So here's a few examples of MLM businesses; Quick and easy to get set up, Can start straight away if you like, if you join near the top of the MLM business line you can stand to make a lot of money by building a large downline and earning lots of commissions.
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 in my opinion MLM's are out dated nowadays as the marketing techniques have been around for years and more modern business models take so many sales away from MLM businesses. Nearly all MLM's do not teach you how to market their product instead you have to pay additional for education in marketing
They leave most people making no money from the business and have therefore wasted their signing on fee.
One of the main reasons people join an MLM is because of the lifestyle that is portrayed however at the beginning you will spend most of your time calling people on the phone and more often than not getting negative responses. This doesn't sound like fun to me!
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!
About the Author:
it article came from the laptop of Jonathan Pitts. Jonathan is a hugely experienced Internet Marketer who has had a lot of success in it Industry! He now mentors others so they can become successful marketers too! Fed up of the Hype in it Industry he has produced a Truth Report to give the TRUTH on how to Make Money Online! He could be charging $100's for it but has decided to give it away for free!
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