Nxt Millionaire
JF-Expert Member
- Nov 22, 2010
- 406
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- #61
"Network Marketing" and "Multi-level Marketing" have been described by author Dominique Xardel as being synonymous, and as methods of direct selling. According to Xardel, "direct selling" and "network marketing" refer to the distribution system, while the term "multi-level marketing" describes the compensation plan
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Independent, non-salaried salespeople of multi-level marketing, referred to as distributors (or associates, independent business owners, dealers, franchise owners, sales consultants, consultants, independent agents, etc.), represent the company that produces the products/provides the services. They are awarded a commission based upon the volume of product sold through their own sales
"Roland Whitsell, a former business professor who spent 40 years researching and teaching the pitfalls of multilevel marketing": "You'd be hard-pressed to find anyone making any money, the primary product is opportunity.
The strongest, most powerful motivational force today is false hope.
"In the USA, the average annual income from MLM for 90% MLM members is no more than US $5,000, " (San Lian Life Weekly 1998)
Source: Wikipedia
Mkuu katika same source, Wikipedia, mbona ukuendelea mpaka hapa, au ndio wanaoona tundu kwenye donati badala ya andazi??
The FTC warns "Not all multilevel marketing plans are legitimate. Some are pyramid schemes. It's best not to get involved in plans where the money you make is based primarily on the number of distributors you recruit and your sales to them, rather than on your sales to people outside the plan who intend to use the products." and states that research is your best tool, giving eight steps to follow:
- Find - and study - the company's track record
- Learn about the product
- Ask questions
- Understand any restrictions
- Talk to other distributors (beware of shills)
- Consider using a friend or adviser as a neutral sounding board or for a gut check
- Take your time
- Think about whether this plan suits your talents and goals.