Is Multi-Level Marketing A Money Minting Machine?
Multi- level marketing is an emerging concept that has caused ripples among households because of the way it is conducted. First the experts in this field will invite you for a luncheon in one of the most expensive joint in town. With the pyramid schemes in mind, you stat by being cautious on what may transpire.
This is an innovative idea whose core lies in first capturing your psychological reasoning and thinking. The fact that the concept has been around for some time, it is difficult to understand why small problems are still afflicting our people when there is an engineer’s idea that is capable of solving all the problems that human kind can ever face here on earth.
This is an innovative idea whose core lies in first capturing your psychological reasoning and thinking. The fact that the concept has been around for some time, it is difficult to understand why small problems are still afflicting our people when there is an engineer’s idea that is capable of solving all the problems that human kind can ever face here on earth.
By all means, Multi- level marketing concept is not a bad one. It focuses on a strategy where any efforts made by individuals involved in these activities are actively compensated for. You are bound to rip returns on the sales you make and the sales made by any other person you recruit in to your line. Any subsequent down line recruits are ideally supposed to generate some income for you.
The sales persons are ideally expected to sell their products to consumers by virtue of reference. Multi-level marketing (MLM) originates from the concept of peddling. It relates strongly to pyramid schemes where those at the lowest level are expected to serve those who are up the ladder. The high price paid by startups is remitted in terms of the time the new entrants spend in the field. In most of the cases the sales persons are required to make some initial purchases which may be beyond their means. Once the purchase has been made, the recruit has to find a buyer to whom to sell the product or he may be forced to consume the product himself.
The sales persons are ideally expected to sell their products to consumers by virtue of reference. Multi-level marketing (MLM) originates from the concept of peddling. It relates strongly to pyramid schemes where those at the lowest level are expected to serve those who are up the ladder. The high price paid by startups is remitted in terms of the time the new entrants spend in the field. In most of the cases the sales persons are required to make some initial purchases which may be beyond their means. Once the purchase has been made, the recruit has to find a buyer to whom to sell the product or he may be forced to consume the product himself.
Once you make the first purchase in Multi-level marketing and you somehow manage to find the buyers who are willing to buy the product which is often overpriced. The desire to build your own chain which ensures that you make profits as it was in the first case, increases. If you are lucky to make your second purchase work the same manner, then you automatically get hooked to this process and this is how the mother company generates its sales. In this venture, numbers are very important. The mother company in Multi-level marketing does not in any way foot the expenses incurred by the salespersons when they go about their duties. Theirs is to sit and enjoy the profits whose expenses has been paid for by the salespersons. If this is multiplied by a billion people in China, the mother company becomes a billion dollar company.