06
05/10
10:15
Dispell your fears of MLM
Multilevel marketing often throws people off their chair when it is presented. The most common reservation about this form of marketing is the similarities it has with pyramid schemes. However this comparison is completely wrong due in part to the presenter and in-part to the fact that in both systems people are involved. The fundamental flaw with pyramid schemes is that they do not sell a product. Besides not selling a product there is no service of value provided by the pyramid schemes. So in essence nothing is being sold by the scheme while people are investing a lot of finances into one person’s account.
In contrast Multi-level marketing should rather first be introduced as Network Marketing where relationships are still used to ultimately drive the profits and off course the big difference being that goods are transferred from the seller to the buyer. Hence this marketing can pass as a legitimate business with accounting statements and invoices of sales.