Hello My Friends,
Just like most of you, I also have had my run ins with MLM, EMM, NWM, Matrixes, or whatever. I've been moderately successful and still get checks from a few companies. However, I'm not totally sold on the MLM concept because the primary emphasis is on recruiting people and not quality product. In most cases, the products are not all that great..... because of high profit margins needed to pay sales reps and the company, product prices are generally outrageous. I know you agree!
Despite all the "dirty" companies out there, only a few hold professional standards but they still emphasize recruiting above anything else. For the average, it's simply too hard.......
They (the company and leading reps.) don't tell you the truth..
#1: MLM is no different than starting a brick and mortar business when it comes to marketing. It takes a huge marketing budget if you want to be truly successful. I had a six figure monthly income earner tell me, "If you don't have $2,000 per month for an advertising budget to get on top, you're fighting a losing battle and will only put money in my pocket until you decide to give up." That's the truth...... Anything else will only give you marginal success.
#2: They don't tell you that most compensation plans are designed for the company to get the lion's share of the profit. In other words, company owners know that their recruiting agents are merely "soon to be casualties." I don't care what type of comp. plan the company promotes, it's not designed for the rep to be successful.
* It's just like insurance companies. What you pay in monthly premiums is designed for the insurance company to profit. Don't think any differently.
#3:I don't care how much you are told, it's your own business, It's not even close to your own thing. Think about it...... wouldn't you be able to decide your awn prices if it was your own businesses? What about the $$$$. Why do they send you a check for selling to them? Why do they change the compaensation plan after a few years? Why do they go out out of business before consulting you? It's simple........it's not your businesses!! You work for them, just like your 9 to 5!
Now... I'm quite sure some MLM die hard can dispute everything I've just written. But..... I know better. I've been successful at (several thousand a month) and I've bombed at it (lost thaousands).
Here's an alternative that I've discovered:
MLM and all the others is about leverage... right? Well, you can get the same sort of leverage but have more control by starting your very own party plan business. This is a business that you control. This is a business where you find the unique products and order wnolesale, get 10-20 reps to facilitate parties, pay commissions, and keep the lion's share for yourself. You are the company!!!!
Your hand full of sales reps. will serve as your leverage. They allow you to reproduce your efforts through others. Don't allow them to recruit! It's not MLM. They simply set up home parties and make a profit from sales.
If you have 10 reps who each generate $1,000 in sales per week from home parties and you pay them 30%, they earn $1,200 per month. That's more than what they'll make in mlm and it will change their lifestyle.
You on the other hand will probably pay out 40% in your cost to puchase the product and earn 30% for yourself which comes out to $12,000 in profit per month. You can grow as large as you want.
People want a simple way to earn a little extra income. They don't want comp. plans and having to sell people on a biz. opportunity. Keep it simple and you'll make $$$$.
I have been successful at selling neck ties and lingere (my wife made me stop when we got married
)
I am now launching a "build a teddy bear" birthday party with the same concept. I'm currently looking for a few moms who wnat to earn a little extra income..... not a six figure income.
Hope this helps....
Vondre'
www.gazam.com