I Agree...Originally posted by AMD2004:I believe for some industries, Statistics will not tell the detail, or worse still, not even close to the real value.
I give you example ok,
I sell 2 cars in one year, next year i sold 4 cars. Hence, i report my company had 100% increase in profit!!!.
MLM, average USD$ 2000. As u mentioned, 6 billion of sales from 3 million agent, same for bank account, there are SGD XXXXX amount of money in DBS bank, and there are YYY million of customers, so average savings for singaporeans is SGD ZZZZZ . And conclude, oh singapore are rich ppl. So, averaging doesnt work for certain things. Because u know, there are millionaire/ billionaire...but is not our money, how could we average it out
Same applies to MLM, some ppl are high profile people, selling in bulks, thousands , rich to rich ppl connection. These ppl buy for the sake of connection, but those who are not powerful enough, who cares about having " connection " with you.
Hope u get what i am trying to say. Maths can play tricks, and ppl do know how to use it to con ppl.
What attributes will make a successful MLM agent?Originally posted by simpleboi:Hi,
the amway business is modelled in a special way such that you can decide for yourself how much effort you want to put into the business and how long you want to take.
So for some who wants to do it slow, it may take even more than 5 years etc. However, when the income comes in, the base built is much more stronger and stable than most companies, esp those whose money come very fast, but then also go off very fast.
We believe in letting people dictate their own pace and not to push them or anything. And only hard work comes rewards, and this is known to all our distributors. It is modelled in such a way such that it promises a recurring stable income in the future and the legacy can be passed down to your children etc also. It is the largest company right now, thus the stability is assured
cheers
i sure wanna avoid em like a plauge.Originally posted by Gazelle:I am just wondering how long can you survive in Singapore doing MLM?
If you are making $5K per month today, will you be able to tell roughly how much you will make in about 2 years time?
Do you have CPF contribution doing MLM?
Is it true that those guys doing MLM has very little friends cause everybody want to avoid them?
Does one gain any valuable experience and knowledge from doing MLM? I am just wondering if it is a wasteof preciouse time for someone to be 100% focus on it.Originally posted by simpleboi:Hi,
High payout doesn't guarantee stability, and for me personally, when I lookat the Amway business, it's not how much they pay etc. In fact around 70% of the profits made through each product goes back to the distributors. Just that the products are not costly, that's why it seems that we do not get a lot of money..but we then pay less for the products also.
It may take a few years to have a stable business in Amway, but that requires hard work, belief and patience. And the word to stress here is stability, which is much more important than earning a lot but not lasting and stable.
A successful amway distributor is someone who possess the true human value of helping, sharing and belief in oneself and others. Also to have goals and dreams and hardworking to work towards it. And two more very important attributes is to be ethical and have integrity. Everything is all based on facts and no pushing etc.
cheers
In short you learn to be a door to door salesman right? The only motivation I can see here is MONEY.Originally posted by simpleboi:Yes, definitely.
Firstly, you get exposed to positive people and meet new friends who truly help and support each other (provided you are in a good group and company). You will learn to be a happier and more positive person and be more motivated and to work towards your dreams / goals.
Also, you will develop ur inter-personal relationship more by learning to interact and also to share your true heart to the people around you including your friends.
And if it is a true good company, the cost is virtually low to none as refunds will be allowed. But the above experience and knowledge will be there for your whole life.
Just think bout it and analyse
cheers
There is actually a difference between sharing a movie and sharing a MLM products. If you watch a lousy movie, I am pretty sure you will tell your friends that the movie sucks, period. Will you do the same with your own MLM products? I believe human are always bias therefore, I cant agree with you that you can sell by just sharing of product knowledge, more over those information that you are sharing are the exact information that the MLM companies want you to share. Those to me are most like sales pitch of something.Originally posted by simpleboi:Well, in this business, it depends on yourself and how you wish to run your own business. For some people who wish to use the door-to-door salesman method, its up to them. For those who hate selling, they can use sharing to share the product and how they feel about the products esp those that they have used etc.
For me particularly, I hate selling and can't stand being a salesman. Thus, I just share about what I feel bout the product thats all. Just like how u share about a great movie you watch. Ultimately my aim has been completed, just to share, unlike a salesman whereby at the end of what he said, he wants a transaction between his customer and him.
As bout the motivation for money, different people have different motivations. It's again all up to the individual. It's similar to having a job, some pple also work to get money, so there's actually no difference, we all have motivations in watever we all do. Ultimately, the business is for you to help achieve something that you need in life, ur dreams, goals etc. For me personally, I wish to take care of my parents. They are now 50++ and still working. After having brought me up all these years, I hope to give them a comfortable life, and my current day job alone cannot do that. It is my responsibility to take care of them, and this business can provide me with the opportunity to do so. This is my motivation etc. Thus u see, it differs from people. It all depends on whether he actually sits down and think bout his life etc
cheers
+1Originally posted by I love BMW:ntuc also got sell but more cheaper.
NTUC got sell but after using once, twice, thrice or 20% of the product can you ask them for a full refund.Originally posted by I love BMW:ntuc also got sell but more cheaper.
Some people have this mentallity, I watch this movie which is damn lousy, I will tell people the movie is very good, ask them to go and watch, eventually I am happy cos a lot of others will share my misery. What do this group of people gain, NOTHING.Originally posted by Gazelle:There is actually a difference between sharing a movie and sharing a MLM products. If you watch a lousy movie, I am pretty sure you will tell your friends that the movie sucks, period. Will you do the same with your own MLM products? I believe human are always bias therefore, I cant agree with you that you can sell by just sharing of product knowledge, more over those information that you are sharing are the exact information that the MLM companies want you to share. Those to me are most like sales pitch of something.
I personally feel that most MLM products cant be scientificially proven to work like what they try to promised. and I do believe that most people buy MLM to sell instead of buying them to use. How often to you get repeated buyer who are user themselve for the product alone?
He will always find the grass greener on the other pasture, and other pasture...and other pasture...Originally posted by elindra:The deer wants to consider a job/career in MLM??
so your amway product more expensive means better???Originally posted by antking:NTUC got sell but after using once, twice, thrice or 20% of the product can you ask them for a full refund.
Cheaper = Better?????
By buying a product besides comparing the price, what do you look for. Quality, it is value for money, is it worth paying a premium or just purely because never mind lah, can use ok liao attitude.Originally posted by I love BMW:so your amway product more expensive means better???