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SOWPub Business Forum Seeds of Wisdom Forum |
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Re: The Only Way To Make A Profit With MLM. . .
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Hi Bea, MLM is simple but most people fail to earn a profit doing it. Most Network Marketing Programs have products that are over priced and over hyped. Plus there are two other big problems with MLM. 1) The company can change the rules on you anytime they choose. 2) Everyone is selling the "Opportunity" and not selling or retailing products. The MLM Gurus will tell you that the real product is turning out well trained business builders. They will tell you that the products and plan are just the vehicle and fuel to get you to where you want to go. I learned from my personal experience's that a company must be product driven above all else. Don't make the opportunity itself the product. Before getting involved with any MLM or Network Marketing Company ask yourself if you would purchase and use the products at the price it's being retailed for even if there was no income opportunity to tell others about it. Then if you decide to build a downline you must live by one rule. . . Retail the product first and make sure that anyone you sponsor has bought at retail and likes the products enough to continue purchasing at retail. NO EXCEPTIONS. If someone joins a MLM just to make money they will not stick with it for very long. If they buy, use and love the product they will tell others about it even if they could not earn a single dime doing so. Those are the only ones you want to sponsor. If they are already a satisfied retail customer who is already talking up the product alone to their friends then you can ask them if they would like to be able to purchase their product at wholesale instead of retail and perhaps earn some extra income doing what they are already doing. Could you tell us why you think GDI is a good product at a fair price that people want and do buy even if they couldn't make any money reselling it? Cheers, Steve Shulenski |
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