| |
| |
|
Network Marketing Information |
|
|
|
MLM Frauds - How to Avoid Them
Abraham Lincoln said "You can fool all of the people some of the time, and some of the people all of the time. But you can't fool all of the people all of the time." I sometimes wonder whether it was prophetically written for all those scam filled home-businesses, and Multi-level Marketing Companies mushrooming all over the place. While network marketing is one of the best models of free enterprise, scamsters have created a bad name for this system of enterprise by exploiting the loopholes in the laws in every country in the world to rob people legally in the name of Network Marketing or MLM's. Here are a few tips on what to look for and avoid in selecting your MLM opportunity. Avoid binary and forced matrix schemes as they are pyramids which will only benefit the persons at the top. A good MLM plan should allow you to surpass your sponsor or seniors in the hierarchy as well as in incomes if you work harder and produce more results. Look for good quality products when you chose an MLM. All business and commerce is based on exchange of fair value by way of product or services for money. If there are no products or only a token product sold as the kit it cannot be legitimate. Following from the above any company focused on recruitment and paying for recruitment directly or indirectly is not legitimate business. It is only money circulation. If the cost of entry is high and the start up kit is loaded with products, it is a clear warning signal. They may be aiming for one time sale at the time of recruitment itself. The entry cost should be very low with only the business manuals and a few samples. Check what the annual renewal fees are. There should ideally be no renewal fees and if there are it should be negligible. If the stress on the business meetings is on income testimonials, you should ask for percentage of people making such incomes. Good companies do not focus on income testimonials as the ability to earn incomes vary from person to person. Multi Level Incomes are a reward for your hard work in promoting and creating sales volumes through personal and group business of your team. So look for companies focused on direct sales of high quality products. Beware of companies focused on recruitment. Knowledge is the key not to be defrauded by scamsters and illegal pyramids. So check out these resources for learning more if you want to start a home business through the network marketing route. www.wfdsa.org www.mlmwatchdog.com www.bbb.org/alers/scams.asp The truth is there are no over night millions to be made in any legitimate home based business. It needs dedicated work for a year before you can see those mega bucks. In the first year unless you are extraordinary you can make money only in hundreds not millions. If you are very consistent with your MLM or Network Marketing opportunity for a couple of years, the momentum picks up and you may see big earnings. Then you can relax and enjoy your promised dream life of leisure and riches. Till then you have to work and work pretty hard for a couple of hours every day at an opportunity that is legitimate, a company which is in business for at least 5 years plus in the business and with unique, high quality products. R.G. Srinivasan is a Certified Trainer, Writer and Author with more than two decades of managerial experience. He also writes a regular blog on home-business resources which you may check out at http://www.home-businessresources.blogspot.com for online marketing tips, resources, opportunities and online promotional strategies
MORE RESOURCES:
Network-Marketing - Google News |
|
|
|
RELATED ARTICLES
4 Key Considerations in Choosing a Network Marketing Opportunity The network marketing industry is undoubtedly one of the best business models offering a fair chance for an average person to make his millions. The industry continues to grow at a tremendous pace internationally. Traditional University or MLM University? You Choose Time moves very fast and time is money, as they say. When people seek other types of knowledge in life, such as general knowledge acquired from traditional schools, colleges and universities, they are prepared to wait and spend 3-7 years before they can see result they seek such as grades and Degree. MLM Pyramid Misunderstanding, Its Actually Inverted and Fair Many people that bad mouth MLM industry use the pyramid structure to give impression that it's a scam type of business whereby the people at the top earn all the money while people at the bottom earns few hundred dollars. Can you spot something? I'll show you. Wanna See My Daily Plan Of Action? Here is my FORMULA for success coupled with (DPOA) DAILY PLAN OF ACTION!First we need people! This is a people business so YOU MUST TALK to people, you have to face the facts if you have no one to talk to then you need to LOOK for people!If you are NOT prepared to talk to people then you need to get OUT of networking OR, If you are afraid or shy, then you need to buy a book on CONFIDENCE. I can assure you that we all lack confidence at some time of our life or in something that we do. The Case For A Network Marketing System Networking Marketing systemModern congested lifestyles makes it very difficult to carve out time for residual income development. However, facts show us that it's needed now more than ever. To MLM or Not to MLM? I was posed a question the other day about MLMs, why it leaves a bad taste in some peoples mouth, the term MLM even triggers spam filters. Some programs even advertise "This is not MLM" as though that is a plus for it. Network Marketing Training - The FAST Start New Distributor MLM Success Formula That is how most people want to go in this business, and rightly so.But you have to have a system or process to get there. Quality Beats Quantity Every Time Back in the early days of developing my home based business, I went for the big numbers instead of focusing on targeting prospects. It took me a while to appreciate the importance of targeting (quality) instead of just going for the big numbers (quantity). Network Marketing Problem - Are Your Downlines Leaving You? First of all, let's take a look at your effort to maintain a good communication with your downlines. How often did you contact them? How well did you know them personally? Did you ever ask them about their dreams? Did you share with them?If your answer is no, no, no and no, then you're in a big trouble. MLM Leads- The 5 Traits of a Great MLM Lead There are certain traits that you look for in a good MLM lead. After working a TON of leads, and blessed to having built an organization worldwide, I have found that all good MLM Lead have 5 traits in common, with no exception. Three Key Facets Of Successful Network Marketing Network marketing has many aspects, but promotion, persistence, and patience are three key elements which are critical to achieving successful results.PROMOTION is the lifeblood of network marketing. Contextual Ad Networks - The Baby Boom Is Upon Us No, this baby boom will certainly not swamp the Social Security system (sort of a bad joke for those that live in the United States, but many other countries.. MLM Success Network Marketing Secrets - The MLM Power of Patience "Persistence is needed, but Patience is a MUST." Ben Johnson- 5 Billion Dollar Producer. Developing Relationships at a Networking Event Have you ever gone to a networking event and talked to someone about what they do? I certainly have and I am often quite amazed by the total range of services that they offer the public. This is not unusual for a small business, but I begin to wonder what their focus is and I also wonder what they specialize in. The Break Out Point is The Key to Finding the Right MLM Everyone who has thought about starting a Home Based business Fall into 3 Categories. They Tried an MLM and Failed. Let Them See It To Sell It You know that problem of having a fantastic offer that you tell people about, but they don't get it, or don't believe it, and therefore don't buy it? Well know there maybe is a way of improving your chances.You see the problem is, your prospective customers or business partners can't see it, your product, your service, or you! The good news is that you can now let them see you and your offer through Video Email, and video on demand. The Launch of the Next Wave in Affiliate Programs, Network Marketing, MLM, Direct Sales and Internet For years, industry experts have been predicting that video was the natural progression of the internet and the future of online communications and advertising. Somehow, between all of the tech-garble that engrosses the internet today, online streaming media has crept up upon us and now has the attention of even the most seasoned internet, affiliate marketing and MLM professionals. Purposeful Web Site Planning - Dont Get Started Without Goals It seems like everyone has a web site these days. And those who don't have one are probably thinking about one. Network Marketing Training - The Three Landmines of MLM Success There are many things that can take you out of Network Marketing, and MLM. I call them "MLM Landmines. Network Marketing Success- MLM Recruiting- The 10 Rules for MLM Cold Market Ads Money down the drain.Waste of time.
|
| home | site map |
| © 2006 |