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Are Multi-level-marketing Companies Ripping You Off? |
You've all seen the flashy Ferraris, huge mansions, and seemingly perfect lives of the big multi-level-marketing (MLM) distributors. The general public makes an assumption that these big time distributors must be making their money by selling of millions of dollars of products to their downline. But in a lot of cases, that is far from reality…
Although a lot of MLM companies are are legit because they have an actual product to sell, there is a dark side to the MLM industry that you will never hear about when attending one of their business opportunity conventions.
This is the secret side business that your overly zealous upline will never tell you about. The big time distributors never mention a second business that may even be more profitable than selling the actual MLM products by itself.
The secret second business in a lot of multi-level-marketing is selling hope and motivation through information products. Examples of information products are business tapes, CDs, DVDs, quarterly business seminars, monthly voice mail systems, etc.
There have been some well publicized cases in which high level distributors have been found to make up to seventy percent of their income from selling these information products such as tapes, books, seminars, etc., and NOT the vitamins, soap, make-up, etc. itself!
The fact is, you can get much of the same recycled motivational materials for a fraction of the cost at any website. No wonder a lot of these MLM companies absolutely insist that people you recruit must buy these info products in order to increase their chances of success.
I'm sick and tired of these MLM companies being deceptive to their distributors and giving them false hope by brainwashing them to listen to those useless motivational tapes
Although there have been no formal investigations on how much the big MLM distributors make from selling information, we can only estimate their profits by the price of each tape being sold multiplied by thousands of distributors per month.
Selling information is big business. And after being in the information business for about a year now, I realized how much money these big time MLM distributors are ripping us off and profiting BIG by focusing on selling these less-than-worthless tapes and business meetings instead of selling the actual products themselves
So if you you see that your upline is shoving those motivational tapes down your throat insisting that it is absolutely crucial to your success, you may want to take a step back and decide for yourself if they really want you to buy the motivational CDs for your own success, or for your uplines own profits!
By:Fed up with a lot of MLM scams making most of their money from info products and knowing how many people got burned from their former MLM company, Alan Quan from www.e-bizcoachalan.com has launched a revolutionary new system called The Art Of Prospecting Without Prospecting which will help former MLM distributors start making money selling information - just like the big boys of MLM do!
Article source http://w4rum.com/1477.t
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| [By Kimber Fulcher] [04/Apr/07] |
