Comparison of MLM company
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Could anyone here make some comparison for some of the MLM companies so that for people who think MLM system is workable to refer? The attributes may be the company? system? product? etc?
Because i came across this book, <<rich dad business school>> by robert kiyosaki. I think some of the reason stated are quite sound...so i really wish to have more references.
Thanks in advance!
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in Singapore?
they ALL suck...
treat them like they are radioactive toxic waste...
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so izzit MLM is something tat not going to work? or MLM is not workable in sg? or all the people who doing this are inethical? what are the reasons that make they all suck?
and how should we define a good mlm?
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just go read the forum..
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try pyramid scheme. it is better.
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Hi despo to success,i understand ur feelings when u first read rich dad's book,for me,i was nearly scammed by avita,but i was on the outlook for opportunities and asked around for networking opportunities and was introduced to a new networking marketing company which is still in the pioneer recruiting stage.
U see,the mlm model is not working anymore,even i would not like to do pure mlm,network marketing is a broad subject which includes direct selling and even the pyramid scheme.
I'm sry if i nvr state much bout my company cuz the leader said tat he will sue whoever posts thing abt the company online.I know it may be a wrong thinking due to the fact tat the age of the internet is already here.
Anyway if u need more info den juz ask it here.I will be happy to help u out.
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In business it is about selling, increase sales, increasing revenues and net profits. So how do MLMs derive these profits from?
There are 2 sources:
1) From your own pocket (buy the product yourself or pay for an expensive membership)
2) From the products you sell
So before you join, you have to ask yourself these questions:
Product: Do you like the product? Would you buy it and use it yourself? Do you foresee people buying it from you? Is it a good product? Would there be repeat customers? Is the product superior or even close to similiar products elsewhere? Is it too expensive?
I hear all sorts of nonsense that the product is not important, it is about the system blah blah... If not where the net profits come from? From your pocket? Or you cheating others to sign an expensive membership so that you could have a payroll? Or convincing others to buy a lousy product that they would not even use and spoil your friendship?
In a sustainable business, it is all about the product. No sales means you are in trouble.
And please do the math, if you think there are too many sales people around you, you will get a smaller pie of those profits. Makes sense right?
Eh where is my consultation fee? I charge by the minute. S$10 per minute.
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Hello Desperatetosuccess,
I saw your post and I would like to inform you that there are some very good MLM companies out there but the numbers you may hear regarding the percentage of people who fail and make it big in MLM are know different than those in any other industry. Just as many people seek to learn how to play a musical instrument, many failed because they don't do what it takes to succeed like practice daily.
So many people start a MLM business and because they treat it like a hobbie instead of a business and they don't make any money. Just think if you treated your job like a hobbie you wouldn't earn much there either because you probably would have job much long.
I am located in the US and our company has been in business for 10 years and expanded to SG last year. I am currently looking to expand my business while helping you build a US business.
If you are still looking, I would like to provide some information and direct to where you can meet some of my business associates face to face.
Take care.
"Make it a great life. Design yours...." Gary Thompson