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Multi Level Marketing

dukebound85

dukebound85

macrumors Core
Original poster
Jul 17, 2005
19,218
4,342
5045 feet above sea level
Have any of you done this? any success stories?

My parents really want me to join one and I will say, it sounds pretty sweet...great product, lots of advertising that started really recently

They have tried many in the past and this one they have said from the start, like a year ago is great (the company is just now expanding). I believe them as I have seen the difference too between this one and others yet am skeptical on joining in a sense

Opinions?
 
All of these schemes are, at heart, pyramid schemes. The only people who make serious money are those on the narrow top layers: if you are at the bottom you will work your ass off to sell loads of product simply to pay those above you in the pyramid.
 
Don't do it, especially not at this time, money is not something that can be gambled away on lies during a recession, hell that's how the recession started in the first place...
 
arkitect said:
Read this…
(Especially this page)

Don't do it.
Whatever are your parents thinking?
Click to expand...

+10. The quick answer is no. Do read those links.

As for success stories, well, I know one guy who did one basically the same way I use Costco. He tried their products, and used the ones he liked. I don't believe his earnings went much beyond paying for the price difference on those products.
 
Once they purge themselves of the MLM component and let their "associates" buy directly from the company with no one in between and the discounts based solely on the amount of product moved not your position in the chain -- they become a serious company.

Until then, it isn't about moving product, just about signing people.
 
Network marketing

Network marketing depends on network connections and even though this network connections looks like very easy job, people forget to manage their contacts. There are many different ways in which one can keep in contact with all their friends and acquaintances.To get in touch with various people social networking helps people in sharing information and their gratitude.
 
MLM = Ponzi scheme. It it walks like a duck, quacks like a duck...

I've heard talks of a legit MLM. "Only as a myth; a dark fable; a horror tale, told across the flickering embers of a midnight fire, wherever hardened space dogs gather to drink fermented vegetable products and compete in tales of blood-chilling terror!";)
 
H00513R said:
No, don't do it - very illegal.
Click to expand...

That varies state by state. In Colorado that may not be the case. What I have to know is if the OP's parents actually make any dough from this, if so, is it enough and what will the OP earn because in the end this is just another ******** attempt to get rich quick that results in someone else getting rich.
 
Mlm

I was skeptical, then I met a couple that makes a good living through being involved in multiple MLM companies.

But like everyone else said, they are the exception to the rule, I would imagine.

Steer clear and invest your time/money in something real.
 
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