Stay Away!!! MLM is always a scam masquerading as marketing! You will spend 95% of your time "cold-knocking" to people who have absolutely no interest in the product and not selling anything. The product's unit cost is usually about $2. Looks like the are asking you to sell it for $40. Your cut is probably $5-$7. Care why there is a profit of $31-$33? It's because the 'manager' of the MLM "hires" people who are looking for a job on a contract basis - thus no promise of income - to hawk his wares. Essentially, you are free labor because your $$$ comes from your ability to sell. The catch here is that you have to travel to locations to sell your stuff. As you are a 'contractor', all expenses are your responsibility. This means after you put gas in your car (figure once a week = $30), pay yourself for your time (40 hours a week), and recompensate the 'distributor' (usually a 'goal' of X bottles a week), you will have to sell 80-90 bottles of that crap a week, just to make $10 an hour. Before taxes.
Do yourself a favor and don't do it!
2007-11-02 02:56:11
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answer #1
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answered by sinisterphoenix 2
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There are many things that you want to consider. What kind of product are you looking to promote? What are the companies policies and how do they restrict you? How are you going to get these people into your business? You can have the best compensation in the world but if you can't get anyone to join, then it doesn't matter. Or, if you can get people to join but they hate the product and quit, then you are at a loss cause. I did a review of a bunch of companies. I have links to the comp plans if you want to check them out. I am involved with a company that has a comp plan like most. I really like it because I get paid $10 for every one of the product that is sold. This is if they are a distributor or a customer. Then there also is the residual from the downline. I was in USANA and in order for me to get $100 (lowest amount they paid), I had to have $1000 of volume in my downline, $500 on each side. With this one, if I have 1 person, I make money. If you have any questions about building an MLM business, let me know. Whatever you decide, I can help you build your business with any company.
2016-04-02 00:22:12
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answer #2
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answered by Anonymous
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I was involved with Amway/Quixtar for 6 years. I thought I knew all about it. The upline is supposed to care about you because if you don't make money, they don't make money, RIGHT?
WRONG. I found out that in Amway the "Diamonds" and "Emeralds" made as much as 90% of their income from suckers like me by selling "Books, Tapes, Functions" like crack dealers to junkies.
There is no incentive for them to help you unless you can lead them to more prospects to buy the "tools". The money they make selling Amways products is chicken feed compared to the "tools".
I really had my eyes opened when I Googled some of the Diamonds and found that dozens of them were engaged in lawsuits between each other over their "tools" businesses. Here are these people who stand on stage and say "Bob and Jenny are our best friends and we trust them with our lives." Well now I see that they're suing Bob and Jenny for a bigger slice of the "tool" pie.
There are some great web-sites out there that talk about the scams of MLM. Check them out and you'll see that virtually every MLM is a scam.
Yes, I know that all MLMs are scams. Except for Amway which has been around for years (Personally I think the company is OK, its the Diamonds I hate), most MLMs have a very limited lifecycle. A few years at most. The promoters get in make money and move onto the next thing.
I don't know about MonaVie, but there have been people all through time trying to get rich by selling a wonder cure for everything.
Do yourself a favor. Put the money you were going to invest in MonaVie and invest it in the stockmarket, your returns will be alot better.
2007-11-02 03:05:49
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answer #3
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answered by nealeinmi 3
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I'm an independent consultant for Arbonne International, a 27 year old company in the health and wellness industry with over 400 consumable products SIX key Industries. If you do not have uniqueness, you compete on price and convenience, what product is cheaper and what product is easier to get. Consumable is very important, you do not want to always be having to look for your next customer each time you sell your product. Consumable products can lead to compound, residual income! Network marketing is a great way to leverage your time and earn on multiple efforts, not just your own. A Tale of Two Industries is a great article to read and will give you a lot of insight on network marketing and health and wellness.
Simply, network marketing is a distribution system, or form of marketing, which channels goods or services from the manufacturer to the consumer through a "network" of independent distributors or Consultants. It's a wonderfully effective system that cuts out the "middleman" found in most industries.
Traditional marketing moves products from the manufacturer to wholesalers, warehousers, shippers, advertisers and retailers before ever reaching the consumer. In network marketing, all of these "middlemen," including the advertisers, are replaced with independent distributors who distribute the same products throughout their own network of consumers. This way, the large profit that would normally go to the wholesalers, warehousers, shippers, advertisers and retailers goes to the independent distributors and those who help train them.
It's a challenging, yet rewarding career opportunity where your income is based on your effort, a big business (upwards of $100 billion in goods and services sold globally) that is helping people put their lives back in balance, and personally empowering. In network marketing, you can work at your own pace and choose your own hours to achieve the rewards YOU are looking for. Network marketing is also a lucrative, home-based business opportunity with a recognized distribution system, legal in all 50 states, with portions regulated by consumer protection groups, the FDA and the FCC.
If you have any other questions or would like more information, I'll be happy to help you. Good luck!
2007-11-02 16:09:25
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answer #4
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answered by Jennifer 3
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You are right about the BS and the Lies. MLM is a great way to make money but you have to know what you are doing. You also have to understand all the "hype" going on. So much of it that it messes with people's brains to where they can't think right.
I have a free ebook for you to check out that talks about the lies and what uplines say to their downline. Before getting involved, I would read it. It will help you filter what is being said especially all the over sensationalizing.
You are absolutely correct with all of the Shady stuff that goes on and the things people say. Still, you can make an honest income out of it and truly help others make income. That is what the business is all about but you don't see alot of that happening.
2007-11-04 09:27:02
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answer #5
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answered by Anonymous
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The only people who make money in a MLM are people who are real good at getting other people to join and buy the over priced stuff. They tell you it is hard to get other people to buy the stuff if you don't use it yourself. This way they talk you into paying to join and into buying the overpriced products all at the same time.
2007-11-02 02:45:25
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answer #6
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answered by countryguyhfc 5
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You should not join MLM if you do not really understand and believe in it.
MLM is another form of business format. Just because somebody is making money in it does not mean you can make money too,even if you do not believe in it.
There are literally thousands of businesses using MLM as a form to sell their products and many join believing they can make it but the vast majority fail.
It needs a lot work,patience, time and money to become a successful MLM`rs.
2007-11-03 03:29:49
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answer #7
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answered by Anonymous
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36 Days to look: I have just one, 950 individuals in my staff! It's very simple - a lot more seen the strength of this system, for several it will be the first time they make real cash online. The particular Longer Waiting The More Funds You Are Being Yourself! Check out here http://bit.ly/vidcommfacebook2
2014-07-13 17:09:44
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answer #8
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answered by Anonymous
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If the product was any good, it would be on supermarket shelves, being distributed by Coke or Pepsi. MLM is ALWAYS as a scam. Not sometimes, not often, but ALWAYS (in my opinion, of course - Amway can tell their lawyers to calm down).
2007-11-02 02:50:06
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answer #9
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answered by Fred S - AM Cappo Di Tutti Capi 5
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In the 80s, I was told "Network Marketing is the wave of the future".
In the 90s, I was told "Network Marketing is the wave of the future".
Lately, I have been told "Network Marketing is the wave of the future".
Get my point.
Monavie is highly overpriced fruit juice. Every few years, there is a new fruit juice that will supposedly cure everything from colds to cancer. Evently, they all go away.....
2007-11-02 02:44:22
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answer #10
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answered by Wayne Z 7
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