melaleuca
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restart this topic.....is this reliable or another cam again?????
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I'm One of the marketer...Let me STRONGLY emphasize..its a REFERRAL Marketing.....nt multi level/pyramid...hahaa...strong base company...been 20 yrs down the road...Head down to #15-07 Shaw Centre,1 Scotts Rd to view the outlet...Anything can hit me back 4 more details...safe ride
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referral marketing means wad?
still must find ppl is it? -
i refer other people to buy the thing and i get a cut of the margin?
or i refer other people to join in the thing and i get a cut of the "membership" or joining fee?
first is nothing like MLM, the 2nd is so close to pyramid selling it's hilarious... -
Referral marketing is a form of Affiliate exchanging .Referrals are normally redemed for cash, goods or services.where else MLM is a system of selling in which you sign up other people to assist you and they, in turn, recruit others to help them because the main focus of their activities is their product and product sales.
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Btw me been tru lotsa MLM including Bel Air,Dolphin Warriors(DW Biomagnetism),Luxor,Omegatrend Etc..its hard when u need to know/sell your products as well as recruiting others as downline...well...its even harder to achieve ur goals when MLM companys selling similar products and when consumer stop buying them...jz my 2 cents..
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refer what?
sales or people to sales? -
Sound interesting....
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well...1 of my friend ask me to join her...still doubting whether is it working or not though i myself been thru 1 of the seminar & was pretty impressed
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http://www.melaleuca.com/
Melaleuca, The Wellness Company , often called simply "Melaleuca", is a consumer-direct company founded in 1985 and headquartered in Idaho Falls, Idaho, USA. The company produces and sells a broad array of nutritional, cosmetic, and personal care products.
Melaleuca was listed on the Inc. 500 list of fastest-growing companies in 1990, 1991, 1992, 1993, and 1994. [1] Melaleuca CEO Frank L. VanderSloot appeared on the Forbes 400 list of 400 richest Americans for the year 2004. [2] Melaleuca also earned the Blue Chip Enterprise award which is given out by the United States Chamber of Commerce
http://en.wikipedia.org/wiki/Melaleuca_%28company%29 -
impressive...
so how is the payout like? -
1)
melaleuca is known even in its home country...
to "pretend" to not be a "mlm".
it's business falls clearly within network marketing / mlm jurisdictions.
so its an odd tactic.
in our opinion, for those who join thinking its not mlm... might be disappointed in a more devastating fashion when they find out the truth.
might as well be open about it and say "yes, melaleuca is network marketing".
2)
payout?
you mean comp plan, mhcampboy?
melaleuca is a forced matrix.
the only good part is the spillover.
but even if you want to earn from the spillover downlines in Melaleuca... you, yourself, need to sponsor 4, 5, 6, 12, more & more & more customers/distributors to earn the larger product sales commissions.
i'm sure you guys know the pros & cons of matrix plans. do you other critiques know about it? See here:
http://networkmarketingtrialsandtribulations.blogspot.com/2007/01/something-big-thats-often.html
3)
melaleuca will promote to you that "we retain 90% of our customers".
well... just like most other network marketing businesses... there is the monthly autoship.
so the 90% figure is more like a "mandatory" one.
4)
nonetheless, melaleuca is testament that true network marketing still works in the skeptic capital of the world -- singapore.
so, there's nothing to be afraid of in checking out legitimate network marketing businesses (especially professional & established american ones) -- be it for product promotion... or simple product consumption.
5)
melaleuca is a decades old company.
privately owned & relatively good.
rather new in singapore.
but their global expansion is still (slowly) determined by the company's decisions.
in over a decade of existence, it is now still only operating in 10 or 10+ countries.
we have researched and they have clarified that to open new markets / countries (which is a lucrative aspect of network marketing) will take much admin & approvals & office to be put in place for melaleuca.
strong companies which are stable (some even public listed!!), and some which are young (less than 10 yrs), with strong products... have opened logistics to ship to 30 to 50 countries!
they may not have much business going in all 30/50 countries but at least they are "able" to ship products & conduct business.
which is more lucrative... surely us "educated" singaporeans can clearly determine from the above?
hope that helps the general Sg population to figure melaleuca out.
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Usana - The 200 Best Small Companies
#12 Usana Health Sciences (2006)
Consecutive years on 200 Best 3
( 2005 rank 5 )
Source : Forbes -
OIC. I rather stick to the American way in that case.....
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Originally posted by M©+square:
yes, MC-sq, , now we're talking real network marketing!
Usana - The 200 Best Small Companies
#12 Usana Health Sciences (2006)
Consecutive years on 200 Best 3
( 2005 rank 5 )
Source : Forbes
Usana is a class-act network marketing company -- great product background & sales, solid company, publicly-traded with proven financials.
however in 15 years... it has only produced a handful (can probably count with 1 hand) of 7-figure earners.
this is due to their comp plan being touted as "2 people" only... but actually to earn beyond their US$4k per month limit, it reverts back to the "find more & more" customers/distributors mlm formula which housewives have a hard time figuring out.
(american companies normally do not conduct the hard-sell tactic of local mlm's by proclaiming "you see that guy, he earned 5-figures in 3 months, drives BMW, blah-blah"... but nonetheless companies need to be able to show its earning potentials otherwise there's no point hooking up with the "opportunity" side of things ain't it. )
"2 people" compensation plans are the revolutionary way to work in network marketing... however:
- there are many myths / rumours out there about it, such that seasoned networkers do not even bother to look deeper into such companies (haha)
- there are very very few "truly 2" comp plan companies which do not limit a networker to a low revenue limit. (i.e. do your work to promote products/company to only 2 customers/distributors & yet be able to see high revenue)
- much research needs to be done to find such a company.
This link will discuss Usana, and also explain the issues of "2" plans & clarify on myths:
http://networkmarketingtrialsandtribulations.blogspot.com/2007/01/something-big-thats-often_10.html
happy v-day all! -
still trying to figure out how "exchanging affiliates" will generate revenue...
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Originally posted by the Bear:
Dear Bear, please read our posts above.
still trying to figure out how "exchanging affiliates" will generate revenue...
Anyway a lot of traditional businesses run on affiliates / referrals.
The insurance & financial industry sell a big chunk of their products by affiliates / referrals.
Amazon.com & many other programs sell products by releasing an affiliate / referral commission to its promoters.
affiliates / referrals / networks is an age-old method of generating interest in products & services. -
please explain..
seriously...
do you "refer someone" to the product or do you make that person you have to make the "referred person" commit to buying a pile of the product?
does the "referred person" have to pay a "membership fee" ? -
All compensation plans have it's strength and weaknesses.
Take only what suits you best.
That's my belief. -
One would normally "refer" the potential customer to try out "xyz" product.Originally posted by the Bear:please explain..
seriously...
do you "refer someone" to the product or do you make that person you have to make the "referred person" commit to buying a pile of the product?
does the "referred person" have to pay a "membership fee" ?
Some companies have sample-sized products for trial, some companies requires product to be bought because no sample sizes are available, some companies have free products for trails at their office.
For those who are professional, there is no tactic of "making" the customer "commit to buying a pile".
The customer either says Yes or No after reviewing the whole package presented to him/her.
Most customers are intelligent enough these days to think logically, so hard-sales (where you try to dictate people's decisions) are methods from ancient history.
The customer should see the reason (whatever it might be) that he/she wants to use the products, before committing to any small or large purchases.
If there is still buyer's remorse after signing on the dotted line, no worries, laws are in place for product refunds to be given in full.
Now... with the words "pile" and "membership" being brought up... Mr/Ms Bear is clearly leading us to the age-old discussion of "it's just another MLM".
MLM (well... not all of them, but it's good to know there exists some) in this modern day:
1)
Has products that cost less than retail shops (yet able to transfer revenue margins back to product promoters / distributors).
Companies with high-retail-cost products usually do not have competing equivalent-ingredient products in the retail market.
--> Know what you're looking for: either lower-cost product (also see "membership" pointer below), or unique product.
2)
Confident private-retailers / individuals buy up a large initial stock of products for the product-promotion business that they are intending to conduct.
Companies thus naturally reward them better than "normal" consumers / distributors who purchase a small initial stock.
(Makes normal business sense to provide this perk.)
However, human greed manifests itself here where individuals who didn't intend to do large-scale promoting buy up too large a stock than they need just to gain the attractive rewards the companies give.
--> Buy what you think you need after doing your personal due diligence.
But don't go around exclaiming "oh i got cheated of a large investment in this so-called business" when it only shows one's initial unwise business decision. Better off keeping quiet.
(e.g.) You open a new McDonald's / Subway franchise in your area, throw in gigantic investment in franchisee fees (also like a "membership" of sorts), rental, overheads, etc to set it up, but due to unforeseen circumstances cannot continue business... are you going to go around proclaiming McD / Subway scammed you??
From the way people react to failure in true-product-mlm, yes you should proclaim McD scammed you of your money.
3)
finally "membership".
(locals are really sticky with this concept... simply because we feel we aren't paid enough at our jobs -- more often than not this is true with your own boss who even "bargains" with you about your request for a pay raise.)
if a laundromat offers "membership" for discounted prices,
if a spa offers "membership" for member prices,
if a social club offers "membership" for members to enjoy facility/service priviledges,
etc.
etc.
are we to argue that?
now mlm companies... basically place a "membership" requirement of sorts because if you aren't a member, you need to buy at the higher "retail" product pricing.
(if you really like the product, what is up with being a member.
usually the membership fee is far less than the savings obtained.)
have issues with being a member? then the company has only to be fair to its product-promoter-member (aka distributor) to provide some sort of retail margin for retail sales (e.g. selling to you, a retail customer who refuses to pay membership fees).
also, some companies have a membership fee to cover for some of its unique admin features.
(some have personalised online shopping/retail carts (it is a business you're starting y'know), personalised websites, online accounting, online ordering, special delivery services, etcetc).
its true some say: "you can give me free wat". sure, a company might provide such services for free, what you're paying for there is a service.
if you're not happy for paying a service (& its not surprising as Sg does not have a tipping culture to reward people who provide good service), find a company that can provide everything f.o.c.
remember, a lot of the times when you pay peanuts you get monkeys.
-->"Membership" -- do you want to pay high-er retail prices for products you think you might want to use... or do you want to pay lower "wholesale" prices?
And, do you want to have access to member facilities? -
That's right!Originally posted by M©+square:All compensation plans have it's strength and weaknesses.
Take only what suits you best.
That's my belief.
However if you've got everything laid out on the table for you to make a choice / comparison, its better to choose one with more strengths than weaknesses.
Don't forget comp plan aside, the company fundamentals & products have to play an equal factor.
Most of the time, people do not give themselves a chance to lay out things on the table, and only make on-the-spot decisions.
Sitting on a decision also gets you nowhere...
...take a wise, balanced & educated approach. -
so, it's just selling...
normal selling...
there are no shops, nothing to build up the overheads..
just various layers of people, each layer branching out more layers beneath them..
okay... check
just wondering now.. how thinly spread are the margins.. that is, how many levels until the product is unprofitable? -
Originally posted by the Bear:
you're getting the drift!
so, it's just selling...
normal selling...
there are no shops, nothing to build up the overheads..
just various layers of people, each layer branching out more layers beneath them..
okay... check
just wondering now.. how thinly spread are the margins.. that is, how many levels until the product is unprofitable?
1 refers 2 customers.
2 refers 4 customers.
etc.
etc.
it is all mathematics.
imagine if Starhub / Singtel, at its early stages rewards you for each person you refer to their services (& also theirs thereafter), imagine how many "layers" there would be now??
(but likely, from Singaporean habits, if we learn "Starhub/Singtel is mlm" we'd likely not sign up no matter how attractive the offers might be.
how intelligent we are.
this mindset needs to go though.)
also, we are not saying it is magic... only those who do the work to promote the service/product will be able to achieve the growth.
the "mathematics" is the "smartness" of this particular concept of business. because the initial hard work to find 2 or 10 customers... will result in 100s or 1000s of sub-customers.
leveraging on the work of many, makes more sense than leveraging on yourself.
every company compensates its workers differently.
different % for different levels.
or, different % for different sales volumes.
no doubt the % may not seem big, but once your customer network grows to a particular size, the small % from large sales will be big enough.
don't forget if the company pays 0.5% to 200 workers who promote their products well, they are paying out 100% of their revenue.
so let's not be so harsh on the companies. they need to survive in order for products to be manufactured for distributors to continue promoting & making a legitimate livlihood.
that said, there are companies that payback 20% of annual revenue back to its distributors. & there are companies that payback 50%+.
which is more fair boils down to the overall package, and what makes your mind comfortable working with. -
have to be harsh because there are way too many scams...
btw, Enron was touted as a great corporation too..
again i ask, how many layers before it becomes unprofitable?
of all things, only math will not lie -
again, we are using the "scam" word a little too loosely here.Originally posted by the Bear:have to be harsh because there are way too many scams...
btw, Enron was touted as a great corporation too..
again i ask, how many layers before it becomes unprofitable?
of all things, only math will not lie
do not forget this thread is about a solid company. and we are ourselves discussing other similar companies with solid fundamentals here.
(not the local mlm's with no proven track record except their own big words. & not the likes of swisscash which has no product.)
thus, if you missed out on the above posts... find a company that has proven financials rather than those that cannot prove.
will you invest money in a public listed company, or private company?
holding all factors equal, it is simply safer to go public.
ahh, yes, the mathematics.
firstly, those who are open to networking are with one company or another... so not everybody will be joining "abc" company.
-- there is no "saturation", so to speak.
and there's the larger human population which are not involved in any network marketing.
moreover, if one is promoting a infocomm network marketing company, it does not clash if one is also part of a health network marketing company.
the only loss is one's focus in his/her promotional work.
so the math.
for companies that promote a "6 customer" plan.
filling up the earning structure will result in exceeding the Sg population in 9 levels, and the US population in 11 levels.
again this does not happen in reality... so plans that promote many customers/distributors are still workable, so to speak.
(Nu Skin is a particular company that comes to mind with "6". Have they saturated the market and closed shop? They are $19 on the NYSE!)
but to minimise this "saturation" fear... why work with 4, 5, 6, 10 customer-minimum companies, when modern-day mlm's allow earnings starting with just 2?
http://networkmarketingtrialsandtribulations.blogspot.com/2006/08/working-plan.html