Posts Tagged ‘network marketing mlm’
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1st video of 2 parts on The Trump Network, by the Blonde Accountant, Tina Hancock, Business Management Consultant of Hancock Management Intl LC – HMILC – at www.hmiconsulting.biz. Tina Hancock shows you The Trump Network Marketing Work at Home Business you can operate from your own home office. Whether you like Donald Trump or not–WHATEVER. And hey, you can call it networking, network marketing, MLM, multi level marketing, or a home based business–WHO CARES!YOU can make a living and work …
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I am involved in a company where all the numbers line up well, I really enjoy the products and services (used them before I ever got in the business side) and I am beginning to sign up people.
The issue I am having however is that the opportunity is presented where I stand to do really well by signing up only 3 people in my downline who also do the same for 7 levels deep.
Here is the problem i see…for this to work, those people on my 7th level must all have the same opportunity as I do, and their 7th level people must have the same opportunity as well. Well, at my level 25, using a 3×3 matrix, that requires over 847 million people!!! So, that is never going to happen…so it seems like ALL Network Marketing/MLM Companies have this same problem that the opportunity can not continue to grow and are destined to fail.
Help me understand how any Network Marketing/MLM company doesn't have the same problem? All answers greatly appreciated.
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Please do not name your product or service or advertise, but if you could share a truthful and positive experience to reinforce that network marketing overall is a great business, it would really help people to see that network marketing is a sound method of earning money.
PLEASE DO NOT ADVERTISE… Explain your success with network marketing/mlm
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Has it been proven enough yet that these generally are set up as ponzi schemes, and those that are actually legal have products that no one could make a living selling on their own, thus making the recruiting part necessary?
I am sure there are those who will respond with their company being the best and wanting to get my email etc…or those who are making big bucks but won't show me a financial statement despite calling this a business opportunity (who would start a business without seeing operating statements?). But I want to hear from those who are actually convinced about network marketing/mlm without having to sort through the above mentioned replies.
So, is anyone out there, or is is this industry dead?
ibofightback – thanks for the answer, but going over your numbers I had to comment.
You say Network Marketing Firms distribute over 0 billion a year in goods and services and there are 8-10 million distributors…well simple division means that is ,000-,000 annual sales/distributor!!! Even at 50% commission you could earn more with minimum wage in a year!
With all due respect, your numbers give more credence to the belief that network marketing/mlm is a pure ponzi scheme than anything I have heard.
It seems to me more than ever that the issue with network marketing/mlm is that its all about recruiting others to do the work, and not selling the products themselves. Of those 8-10 million distributors, how many can possibly be distributing enough on their own merit to make a living? Its all about making money off the efforts of others isn't it?
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Are people in Network Marketing/MLM recruiting "winners" to build business or is the design to attract the "naive" or "losers" who buy into the confidence of the one promoting the business opp?
No matter the company, product or service, if the pitch presented by the company or reps at the meetings were accurate, the company would be larger than the general population of the U.S. in 1-1/2 to 2 years. This figure can easily be calculated through exponential growth based on the hype presented.
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2nd video of 2 part series on The Trump Network, by the Blonde Accountant, Tina Hancock, Business Management Consultant of Hancock Management Intl LC – HMILC – at www.hmiconsulting.biz. Tina shows you the new Trump Network Marketing Work at Home Business you can operate from your own home office. Whether you like Donald Trump or not, it doesn't matter. And you can call it networking, network marketing, MLM, multi level marketing, or a home based business–WHATEVER–you can make a living and …
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