Greetings Mukund here , I came across this which expresses expert opinion, I would like to know your opinion on the same, More presentation on mlm, up line down line direct selling or by whatever names they are called Talented ladies club has placed Following observations. Lies some MLM rep will tell you - and the REAL truth you need to know Every company is a pyramid scheme We hear this one far too often. And it’s an ignorant, manipulative lie. Let’s look at how companies normally work. Small businesses are often run by a boss, who may employ managers, and people under them. Larger corporations are run by a CEO or chairman, with a board of directors, and directors, managers, employees etc under them. And yes, the higher up that structure you are, the more you earn. However, there’s one key difference to MLMs: everyone gets paid for the work they do. Everyone who works for a company gets a salary, and enjoys employment rights that often include sick pay, holiday, expenses and legal protection. And while the performance and bonuses of a manager or director may well be judged on the sales (or other KPIs) impacted by the efforts and results of the people working under them, their salary and job security isn’t. Of course if their team failed over a sustained period of time, their work would be under review. But they’re not at risk of losing their job every single month if their team shrinks in number or doesn’t make their sales target. In non-MLM companies you don’t find everyone above you pocketing commission directly based on your sales. You also don’t need to pay a company or buy a starter kit to join them. Nor are you usually expected to consume or use the products you sell at your own expense. And if you need training to do your job better, the company usually pays - both for your time spent training and the actual training itself. MLMs are nothing like ‘normal’ businesses. An MLM participant is simply an unsalaried sales rep (not a ‘business owner’ as they deludedly call themselves) with zero rights. And to claim that every company is a pyramid scheme just displays the level of brainwashing they’ve been subjected to, or their complete ignorance. 2) My MLM is different They may sell different products, they may have different level titles (Crystal Emerald Grandmaster Eagle Executive anyone?) and they may structure their incomprehensible bonus schemes differently, but all MLMs promise the same essential lie to dupe recruits: It’s easy to earn money from home while having fun. And you have to admit - it would be amazing if that lie were true. (If you’re still under any illusion about this we need to break it to you: it’s not easy to earn big money from home having fun, which is why 99.6% of MLM participants are likely to lose money.) So it’s understandable that MLM reps, once they’ve bought into the lie, desperately want it to be true. And when one MLM fails, they just switch their faith in that dream to another MLM promising another way to make easy money from home. Each time they convince themselves that this one is different. This time that dream will come true for them. And because they have to believe that their dream is going to come true, they tell themselves (and everyone else) that this MLM is different. But it’s not. In a year of investigating MLMs, we have yet to find a single company that is different. They all use the same structure that benefits the tiny fraction of a percent of reps at the top of the pyramid. When you look at the bulk of recruits who make up the bottom of the pyramid, most lose money. We want to be extremely clear here, there is not one single MLM that we would ever join ourselves, or ever recommend joining. If you have a passion for a product, love selling or the idea of working for yourself, then start your own business. Find or make your own products to sell. Then you genuinely will be a business owner. And you’ll have control over your pricing, and how and when you’re paid. Whatever you do, don’t join the MLM merry-go-round and start trotting out that self-delusional lie we hear so many serial reps tell themselves and other people: “My MLM is different.” 3) MLMs are the same as franchise businesses Clearly any MLM rep who comes out with this excuse has no real idea how franchise businesses work. Do they think McDonalds or Starbucks let anyone open one of their businesses just by investing in a starter kit? Unlike MLMs, franchises would never saturate a market. Nor would they let any old clueless idiot represent their brand. To buy a franchise you need to go through an application process, and the franchise business carefully monitors how many franchises they sell in any given area. And yes, you invest far more when you buy a franchise business. But that’s because you’re buying a proper business opportunity, not becoming an unpaid sales rep. When you open a franchise business you also can be absolutely confident you won’t have any direct competition from the same brand near you. amazing as MLMs claim to be, why aren’t stores clamouring to stock them? Why aren’t they easily available to every shopper in bricks and mortar stores and online shops? The answer is because they’re not that amazing. When you look at the products hawked by MLM reps there’s nothing special about them at all (other than their price, which is usually disproportionately high for their quality). But that’s not what reps will tell you. They’ll tell you their products are of a unique or superior quality and can only be bought through direct sales for some mysterious reason. The truth is that companies sell via network marketing because it’s cheaper and easier for them. They don’t need to pitch their often disappointingly sub-average products to retail buyers and compete on-shelf or alongside other products online. They don’t need to pay commission to shops or credit card companies. They don’t need to invest in expensive advertising campaigns to attract customers. Instead they brainwash a group of people into believing that their products are little short of miraculous, and let them promote and flog them to their friends. It’s a win-win for the MLM bosses, and lose-lose for most of the reps. 6) Anyone who criticizes MLMs is a hater and a bitter, jealous failure This one always makes us laugh, because we’ve personally never joined an MLM; we’re too smart to. We see straight through the lies MLMs tell and can easily see it’s a business model that favours a very tiny percentage at the top of their pyramid-shaped business structure (just look at any income disclosure statement and you’ll see why they’re referred to as pyramid schemes). We’d also never want to sell our soul, as we believe you would need to, to succeed in an MLM. We’d hate to see every acquaintance and interaction with someone as a chance to make money, and to be encouraged to badger old acquaintances and fake friendships and caring just to make a sale. If the MLM business model worked fairly for all participants (reps and customers), we’d be delighted. We’d be promoting it as an opportunity on our website. But it doesn’t, so we don’t. The real truth is that research shows that an average of 99.6% of participants in an MLM will lose money. That is why we campaign against them. So no, we’re not a ‘hater’. And we’re not a bitter, jealous failure. Like most of the anti-MLM campaigners we know, we simply want to protect people from the predatory businesses and reps who want to lure them into schemes that are unlikely to deliver the rewards they’re promised. And stop them racking up secret credit card debts of over £30,000, like one woman we spoke to last week. Telling people that dissenters or critics are just bitter haters and to ignore them is a strategy that cults use to prevent critical thinking, and ensure recruits remain brainwashed. It’s one of many similarities we see between MLMs and cults. MLM companies and their reps are afraid that if prospects see the real facts - like the minuscule probability they’ll ever make any money - they’ll walk away. So they try to discredit anyone speaking the truth. Don’t buy the lies - avoid MLMs at all cost In a year of investigating the MLM business model, we haven’t found one that we’d consider or recommend joining. Nor one we’d buy from out of choice (MLM products are usually more expensive than higher quality alternatives available on the high street or online). In fact, the more lies and bad behaviour we uncover, both from MLM companies themselves and their armies of reps (just take a look at the outrageous lies MLM reps have been caught shamelessly peddling) the more we despise the industry, and the more determined we become to raise awareness of common practices, and hopefully save more people from losing money to one.
@VivekKumar-fc3vyКүн бұрын
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