2006-06-14 16:16:43 · 3 answers · asked by Anonymous in Business & Finance ➔ Advertising & Marketing
I never would've thought of that. I get free credit cards all the time from major companies (I hope nobody from Wilmington Delaware ever wants to send me a real letter). The only way I would figure that would be a good mlm product would be if you received a "dividend" of sorts from the interest rate on the card. Credit cards have a real problem because there aren't many more people getting cards these days... so the best they can do for major growth is develop new offers to steal customers from their competitors; I'm not sure how your mlm will be able to keep pace with Mastercard and Visa -- I don't see why they'd need salespeople, since people wait in line to get deeper in debt. I like your entrepreneurial drive, though. Hope that helps.
2006-06-14 16:36:32 · answer #1 · answered by wood_vulture 4 · 0⤊ 0⤋
I don't really think ANYTHING is a good MLM product. MLM recruiting generally demands somewhere between 20 and 100 recruits to keep one distributor, so that means thousands of recruits to get any sort of downline going.
And how are these credit cards "free"? No annual fee? That's not a big deal, it's not a new idea. No interest? Sure, read the fine print, to make sure you don't get charged 25% if the mailman loses one of your payments.
It's hard to make money giving away money. Send me a message if you think you have a better idea. I have the capacity to make you an offer you can't refuse.
2006-06-15 00:55:26 · answer #2 · answered by Polymath 5 · 0⤊ 0⤋
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2014-07-14 10:49:37 · answer #3 · answered by Anonymous · 0⤊ 0⤋