I keep getting the same objection to my MLM. Can anyone tell me what I can say?

Question

I am trying to build my business but everyone keeps telling me that my network marketing business is a scam. I know network marketing is not a scam, but I don't know how to handle this objection.

My company sells bottles of water. We only need to get on autoship for 1 liter of water and it costs $100 each. It sounds like a lot to pay for water, but if we sign up 5 people we get nearly all of it back, and once they sign up 5 people I am actually making good money. Then, as long as everyone signs up 5 people for 10 levels deep, i can make $10,000/month. This seems really smart to me but with everyone telling me its a scam there is nothing I can do.

What do you suggest?

i dont think you people understand. you only buy the water for 100 bucks becuase it gets the process going. once you get enough people in your downline you are making tons of money off other people who are buying it. eveyrone gets the same chance to make the money so its all legit.

This is what MLM is all about. Why anyone would think its a scam is beyond me.

Answer 1

Do not give up. If you believe in it, it will all happen for you. You really need to network and try to stay away from here as much as possible. Make yahoo just one source because a lot of people on here are looking for either an easy way to make money on the net or not a networking job, so just keep doing what you are doing. Go to network lunches in your area and such. Or, even consider venturing into another networking company and maybe you can network yours because really, I never heard of bottle water network company. I have been in mlm for almost a year, so i have heard of my share inresearching the right one. Good luck and email me and mayb I can give you some advice.

Answer 2

I have an answer for this question. I've been a Network Marketing leader and trainer for 6 long years... Long enough to know that you are lying!

For example, check out companies that sell "nutraceuticals" that are monitored by the FDA and FTC with GMP's and you will know that they sell it through MLM because it's a way to get it to the consumer because the money goes into Research and Development with a product that is in demand.

Water? You are trying to passive agressively put down MLM by making up a scenario for something worthless.

For those looking for MLM, you must check list all of the questions provided, below:

Is the company stable?

To determine whether or not a company was stable, I looked at the following:

Has the company been in business for at least 5 years?

Where does the company do business?

Does the company have a good reputation? (Check with the B.B.B.)

Is the company a member of the Direct Sellers Association?

Is the company publicly traded?

Does the company do at least 100 million in annual sales?

In my research, I discovered that the vast majority of home-based businesses are bankrupt within five years.

Generally speaking, the more countries a company does business in, the more stable they will be. It is a good indication if the company operates in the United States, Canada and at least one other country.

I also found that reputable companies were members of the DSA (Direct Sellers Association). Members of the DSA are held to strict ethical guidelines that would protect me and the consumer.

If a company is publicly traded, they are required by law to disclose all financial statements to the public. This information can be obtained by visiting the S.E.C.

Is the product unique?

Having a unique product or service was important to me because if the product was not unique, I would be forced to compete against other companies on price and convenience. By having a unique product, my customers would have no alternative other than to buy from me.

Is the product consumable?

This was my next question. Even if the product I am selling is unique but is not consumable, I would constantly have to find new customers. In other words, I would be unemployed until my next sale. With a consumable product, customers would continue to buy my products and I would continue to earn a residual income without having to find new customers.

Is there a demand for the product?

Having a unique and consumable product wouldn't mean a thing if there wasn't a demand for it. This is why I looked for a company that had a product that would be in high demand. In looking at market trends, I discovered that the 1 BILLION "Baby Boomers" are creating the largest trends in the world. As a result, I wanted to find a company that was marketing products that would appeal to this group of people.

Is there product validation?

I did not want to risk my reputation by selling a product that amounted to little more than "snake oil", so it was important for me to know that the product was scientifically validated before I could feel comfortable selling or recommending it.

See video on business trends at this web site here: http://www.mannalive.com

Answer 3

I have to agree with some of the other comments. $100 for a liter of water.. that's a bit high.

But, no matter what marketing business you get into, the biggest problem (as you're finding) is getting new customers... and hopefully new business builders! Lets face it... cold calling sucks! sorry to be blunt.. but it does. and spending all your money on buying leads isn't fun either. you typically run out of money BEFORE you start making anything back.

Would you be interested in learning about a system that actually has people CALLING YOU? where your initial marketing actually helps pay for your advertising? Where people come to you and not you to them?? check out my site at:

http://markl.magneticsponsoringonline.com/

there is a free 10 day forum that will introduce you to it and see if this makes sense for you.

The company that you work for, what ever it is, just has to be something that you believe in and who's product that you believe in. The marketing is the same no matter what 'widget' it is! Take a look and best of luck!

Answer 4

My best advice would be for you to volunteer at a marketing or advertising company where they do copy work. Get some of the words down, and some of the selling approaches. People are very good at helping people. I'm sure that if you ask nicely, you'll be given a few backstage demos.

Now, if you're taking all the time in the world to promote this, I would suggest you switch to something else.

But to keep this POTENTIAL stream of income and not have it take ALL your time, put it on the internet. Put a website, talk about the offer, and let it rest. If anyone stumbles upon the site, they can make up their minds for themselves.

You have to automize this baby, because otherwise going door by door takes too much of your time. You could be working on another type of MLM that is easier to sell to people.

Good luck.

Answer 5

As an MLM owner myself, I can relate. Many people think MLM is a scam because they tried it or know someone who tried it and failed - therefore they think that if they can't do it, it must be a scam.

You could alway ask them if they think Warren Buffet has a good head for business? He bought Pampered Chef!

I wish you all the best with your business.

If you are ever looking to try something else, I have an online/offline retail business. We sell hundreds of products and also have many well-know partner stores including Barnes and Noble, Sony Music, Office Max, Eddie Bauer and more.

My website is:

www.jewel.mychoices.biz

Check it out and if you are interested in a franchise we can discuss it further. There is a link on the top of the page you can use to contact me or you may send me an email if you prefer.

Answer 6

Oh you must be kidding. I realize that MLM has a bad reputation, but $100 for a bottle of water is just preposterous. If you are trying to use this as a warning to others against MLM that is fine, but could you at least be a little more creative with the product? Dried water capsules or something.

Answer 7

The problem with MLM is that that the people at the top are the only ones that make the big bucks. It is effectively a ponzi scheme making money off those who buy into to the MLM scheme..

My suggestion is to find a legitimate business to get into.

Answer 8

There's no amount of linguistic wrangling that you can put onto a program which at the root sells a bottle of water for $100.

That's a scam, and someone would be insane not to know it.

Answer 9

I suggest that anyone that makes you think you are going to get anybody to pay $100 for one liter of water is a con man. Abandon this and move on to being a real estate agent if you want to get rich selling something - seven out of ten self-made millionaires are Realtors.

Answer 10

Who do you think is going to buy a liter of water for a 100.00?