Network Marketing Archives

What is a Network Marketing Scam?

Tuesday, May 11th, 2010 at 5:23 pm

What I’d really like to talk about today is the concept of a network marketing scam and what that really means. Well if you look up the word scam in Websters dictionary what you will find is the following.

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Main Entry: ¹scam

Pronunciation: \ˈskam\

Function: noun

Etymology: origin unknown

Date: 1963

: a fraudulent or deceptive act or operation <an insurance scam>

Now I know that you already knew what the word meant, I just want to make everything absolutely clear here.

Many people out there look at the entire network marketing industry as a scam and I’m sure that each person has their own reasons for feeling that way. They may have a legitimate gripe with a a company. Or maybe that actually did get scammed. In other words they paid for something and did not receive what they paid for and were not given a promised refund. That is very possible.

That said, there are very legitimate companies in the industry that have been in business for 50 years. It seems that it would be pretty difficult to stay in business for such a length of time if one were truly a scam. I just wouldn’t happen.

If you are trying to determine whether the company that you are considering joining is a scam or not here are some things to do.

1. Do research on the management team or founders. Goolge truly knows all.

2. Call some people that you find on the internet and ask questions. Make sure that you don’t ask just 1 person, you want to speak to at least 3 or more. When doing your search, don’t just call the top 3 but go down through the pages of google so that you can speak to someone who maybe isn’t as successful as the top dogs. That way you get different perspectives.

3. Try out the product if it is consumable. Most will have a money back guarantee if you don’t like it.

4. Go to the company convention if you are able to.

5. Follow your gut.

The last one may seem a bit unconventional but I’m a big believer that your instincts are mostly correct, so if something just doesn’t feel right then listen to that. It may not even mean that the company is shady, it may just meant that it’s not right for you.

Understand that there are hundreds of network marketing companies out there that are completely legitimate, just do your due diligence and don’t make an emotional decision.

Read the related article on Scammers coming out of the woodwork below

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MLM Home Business – Reality or a Dream

Monday, May 10th, 2010 at 5:26 pm

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With the current state of the U.S. economy as well as the global economy, it’s no wonder that so many people around the world are looking for alternative ways to generate income. Many people from the corporate world that would never have considered network marketing or direct sales are running out of options and desperate for a way to put food on the table.

This of course is causing quite a stir in the mlm home business world. Many who have been in the industry for sometime are looking seeing an amazing opportunity with thousands of new distributors joining companies on a daily basis.

If you find yourself in a similar position looking for an opportunity to generate income from home then here are some things to consider.

You must understand that many companies and distributors in the industry have built their organizations on a lot of hype. Dream selling is unfortunately something that has become the norm. Many will ask you how you would like to earn $10,000 per month from home? How would that make you feel, how would you spend the money. But not many will actually tell you what it’s going to take to generate that sort of income including a time frame.

You must be careful in the industry not to make decisions based on emotion. You must clearly understand the math. The cost of a lead, the cost of a new distributor and how many new distributors you will need to earn that $10,000. You must calculate these numbers so that you know where you stand. If you are not doing these types of things then you are sailing a ship without a rudder.

If the person trying to recruit you has no idea of these numbers that I suggest that you look in another direction.

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There will be those that say this is network marketing and all that you need to do is contact your warm market. They will say that this type of business building has been successful for a very long time. I would say that very few people actually make it to the top in this way. Some do, yes and make a lot of money in the process. But very few people are built in such a way that they can take the amount of rejection that you will face when building with only a warm market list.

Understanding lead generation and utilizing it will greatly increase your chances of success. Then you can see on paper exactly what you need to do.

Start Slowly But Surely When Doing Network Marketing MLM Home Business

Network marketing MLM home business should not be thought of as a drag race. Let’s look at a few examples before we go any further. Some people hear about a new network marketing MLM home business and become obsessed. …

Publish Date: 05/10/2010 0:21

http://www.perfecthousecare.com/start-slowly-but-surely-when-doing-network-marketing-mlm-home-business/

Mlm Home Business Opportunity Facts | Daily SEO Blog

In todays world of uncertainty, the ideal freedom that can be brought by a mlm home business opportunity can become a reality for many people just like yourself. A home based business is a perfect solution for personal success . …

Publish Date: 05/09/2010 0:10

http://www.dailyseoblog.info/link-building/mlm-home-business-opportunity-facts/

Why Most Fail Belly to Belly But Make Big Money With Their Network Marketing Internet Business

Tuesday, March 9th, 2010 at 6:56 pm

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Why would you consider having a network marketing Internet business instead of going belly to belly? Network marketing has been an opportunity for the average person to make an extraordinary income for quite a while now. The history is actually quite interesting. I won’t at this time get into a history lesson, but if you are interested, google “network marketing history” and you might find some things that are pretty eye opening. When the first network marketing sprouts where forming there were no computers or cell phones. This means there were no webinars, no conference calls, no blogging, no autoresponders etc. In fact, about 90% of the tools that we have available to us today, were simply not available 60 and 70 years ago.

That said, it’s obvious that the beginnings of network marketing were all about networking, meeting people face to face. Traveling around town, going door to door and looking for a sale is really where it started. Door to door sales with an extra incentive, that being that the prospect could also potentially become a sales agent. At the time, it’s what people were used to, many people made a comfortable full time income selling door to door. Most business was conducted belly to belly. Some spit in the hand with a firm shake was all that was needed to cement a business relationship for good. In some ways it was a much simpler time. Things moved a lot slower then. There was no fast food, no tweets and instant messaging. Families still sat around the dinner table and discussed their lives. I guess that may still happen today, but being raised by a single mom in NYC, I wouldn’t know much about that.