Ask your MLM Questions Here

last SG · 2010-06-16T10:57:08+00:00

Based on updates from my friends, it seems that there are quite a number of new mlm companies recently.Are the questions answered in this thread sufficient f...

the_fallen SG

Network marketing is also known as multilevel marketing or MLM. After finding a proven network marketing success strategy, you are able to set yourself up for life.

[url= http://maxtransformation.com/]network marketing[/url]

Clarification:

Network Marketing is a industry, it is a profession, just like Insurance, Property.

Multi-Level Marketing is a business strategy, just like viral, word-of-mouth marketing.

There's a reason to why professional entrepreneurs and business investors such as Donald Trump, Robert Kiyosaki use the word network marketing and not mlm in their books has their reasons..

Study and try to understand about the business more before you try to direct traffic from the thread which I'm trying to help individuals to get pass those black sheeps..

Think hard and learn more first..

Chaijiaxun SG

I understand what you are saying. However,

1. Making new members buy the products.

2. Uplines benefitting from new recruits (because they buy the products)

3. Having no money-back, written guarantee

are all against the law as stated in the clause. I understand that MLMs may have to use the above tactics to earn a living. However, i am concerned that the company may end up like Sunshine Empire and that every single agent will be prosecuted in court. It isn't ethics im talking about here. these requirements are indeed in the law.

1. The practice of Bulk Purchase for network marketing companies is a standard practice international, unless you are exceptional lucky to meet 100% ethical independent distributors who only encourage you to buy just 1 bottle/unit of product inclusive of membership fee.

Bulk purchase serves a couple of purpose.

I - Shows individual capabilities/commitment
II - Allows both upline (the person who recruited you) and the company to make profits from your bulk purchase (sales of products)
III - You with lots of products, will be pushed/financially motivated to push for sales, in order to recoup your 'Investments', thus fast forward your learning curve.

2. Mission/Job Scope of Independent Distributors are as follows (across all network marketing companies)

I - Sell more products to end consumers (create active/recurring clients who like the products)

II - Recruit and train more downlines to sell more products

III - Train up more sales leaders to expand group sales, in return for each respective leader's advancement into the higher rank or hit quota for company incentives.

IV - Over the years of exploring companies, all compaines are only FOCUSED ON SALES TRAINING, only 0.000001% will concentrate on actual Business & Personal Development as an Entrepreneur.. | I'm the exceptional case, thus I don't earn from Network Marketing due to being too ethical.

V - Never do what they tell you to do (Don't follow blindly)..Join them only if you see/ can align the company's direction in the same direction as yours..don't try to fit into a company that force their will/goals onto you..>> This spells incomptability/Job Mis-Match

3. MLM Agent VS Independent Distributor

Read the clause clearly..no company/business in the right mind will immediately declare and allow new recruits without going through the training and proof themselves to represent the company and as such increasing their risk of unable to deliver.

That is why majority of the company sales are made in-house..where senior trainers/sales leaders can make sure correct representation/message are carried across.

All "MLM Agents" are legally classified only as Independent Distributors, thus they cannot handle Counter Sales, Admin, Management documents, which are handled by Full-Time staffs.

The term is used because they are considered
A) Full timers
B) Part timers
C) Free Lance Basis
D) Clients & Members

The word INDEPENDENT states he/she cannot represent the company in anyway BUT they can help to sell the company products in return for a commission for every single sales made, which is why all agents push for SALEs to the extent most become Black Sheeps which consist of 95%.

4. Guarantee

Network Marketing like any other businesses, doesn't promise any guarantee with the exception of financial investment products, which they still have to sign agreement to undertake and risk involve and discharge the company/bank of the risk involved.

Nobody/company will provide any guarantee.

The best guarantee you can get is to learn how to select the 0.0001% Good Leaders/Mentors/Coach to show you the ropes with practical examples and hand-holding of coaching.

Disclaimer: I didn't even read the clause of the link you provide, as I know how the industry from the inside out (excluding the management/financial/admin side - full time employees)..from the perspective of a Independent Distributor.

I hope my replies answers your questions..Feel free to ask more questions if you're still in doubt.

the_fallen SG

I understand what you are saying. However,

1. Making new members buy the products.

2. Uplines benefitting from new recruits (because they buy the products)

3. Having no money-back, written guarantee

point 1 - making members buy products..is what every new business does in order to survive..

point 2 - benefiting from new recruits (i rather say new product sales) is what keeps the business moving..without growth, the business will bleed and close shortly after..

even govt plus MNC/SMEs are taxing/benefiting from individuals (non-tax payers indirectly as well) in the forms such as taxing vehicles owner for every single litre of petrol/disel/green energy they purchase..business tax, gst tax, service tax, all are imposed onto non-tax players isn't it?

point 3 - money back guarantee - does studying academically, guarantees success? no, it doesn't even guarantees employment if a person has a bad working attitude.

does F&B business have money-back-guarantee for food that doesn't suit individual's taste buds? no..as different people have different preference..

like wise for network marketing..individuals who want to learn how to succeed using their approach should weigh the risk and sacrifice that they have to take..

i'm not defending networking marketing..i'm just trying to clarify and let you look from a neutral perspective..where logic and facts matters..it's happening everyday around us, just that most of us choose to ignore/turn both eyes off the those facts..

Apitshafiq SG

the_fallen SG

Hey.. I would really recommend you to check out this company.

lif3live.worldventures.biz

Marketing has been great for me with this and will be great for you too.

The product itself is just amazing. Savings on travel which is the cheapest all over the world. Do check it out aites..:)

Thanks for the recommendation..

However i suppose you like all previous agents..desperate for viewership thus posting of unrelated content in my thread.

Nevertheless..my friend has already discuss it with me in the 1st quarter of this year..

From the way the company is structed and commssion is generated..i personally don't think it will be feasible to generte recurring income from that such industry.

Note: Kindly start your own thread if you want the correct attention..anything that's in my thread..i'll reply..so if you (or anybody else) don't want my feedback..stop trying to hi-jack my thread with non-related details..

Post only relevant stuff to the subject proper as per the Thread Title.

Thanks

Kaycze SG

Hi everyone came across this fourm so I'm here to take a look ard.

This is a very good topic for many who wishes to join or to understand more about networking marketing business.

If I may I like to support on some answers if I happen to come across.

Give thanks to the_fallen for such initiative, now many is able to make more informed decisions to see if this is for you.

Disclamier: my answers is purely base on my own journey/exprience.
Alternatively any private issues may email me at [email protected]

the_fallen SG

Hi everyone came across this fourm so I'm here to take a look ard.

Disclamier: my answers is purely base on my own journey/exprience.
Alternatively any private issues may email me at [email protected]

U dun need to ask permission, as long as it'a helpful, jus go ahead.

I'll only correct post containing wrong/misleading/commercial replies.

Btw, dun post it contact public, if ppl r keen to contact, they will private msg (PM) u.

I did recieve couple of Private PMs over the years.

Public posting contact is soliciting activity which I view it as commercial intent even if you didn't mean it or just a matter of not knowing the rules in the thread I monitor to provide only Quality Information, thus as such, I don't entertain nor encourage any form of public contact/naming of an individual/business entity to maintain the professionalism one should have.

nojob SG

well.. I was also a non believer for minimum work yet can see good $.

but now things has changed, you do have the choice.

I beginning to open my mind and accept and explore. Glad I do so and I now have good $ building.

Yes, you can have the option of no selling needed and still enjoy the rewards

the_fallen SG

well.. I was also a non believer for minimum work yet can see good $.

but now things has changed, you do have the choice.

I beginning to open my mind and accept and explore. Glad I do so and I now have good $ building.

Yes, you can have the option of no selling needed and still enjoy the rewards

Correction:

There's No Such Thing as FREE LUNCH in the world.

To get something, we first have to do something.

There's nothing such as no selling yet get the rewards.

Example 1
Even those on govt support or community/low-income welfare scheme, they did to do something (ask for help/ fill up application form) in order to let other volunteers know of their presence.

Example 2
Even beggers who does "nothing" but sits around public places needs to do something. They also work hard for the money.

I- They did to travel to high traffic venues early to position themselves for prime spots to increase their income from donations. (Early Bird Gets the Worms)

II- They even did to make an effort in displaying their weaker sides or how they ended up in such a situation (Story telling using Visual and Audio/Speech) to make their point across.

Example 3
Those high income earners also need to use their brain, and sell to clients, targetted high value clients to get pay-rise/commissions.

Back to the point
Network Marketing will always be the way it is unless and until significant amount of success stories are made available publically..which isn't done locally yet..thus it will still be a industry that's not popular in Singapore.

nojob SG

Correct. No selling dont mean no work needed.

may be the selling of the items can be varies.. ranging from physical products to services. lol.

the_fallen SG

Correct. No selling dont mean no work needed.

may be the selling of the items can be varies.. ranging from physical products to services. lol.

Corrections

We are basically selling on a day-to-day basis.

Just that each and everyone of us uses different methods..

KOD SG

The_Fallen, are you in biz??? you sound very good.

the_fallen SG

The_Fallen, are you in biz??? you sound very good.

Thanks for your compliments.

Yes i was in the business, but it was in the past..

I have since moved on to other industry already..but still keeping myself updated and open to more Opportunity Talks to get in the loop only.

Maxwqx SG

Hi I am a year two student studying at nus. I am a foreigner so I wish I can have some part time jobs. These days my friend introduced me one company called inlife which sells skin care products and health medicines. I have been to their company in eunos. The company is big and also the people are very enthusiastic. My friend also told me that the people inside the company will earn about 10000 after about 4 years later.

the_fallen SG

If you want to earn $10K fast, go into sales after you graduate - within few months if you prove you can deliver results where sales is concerned.

There's quite a couple of companies offering management trainee positions on newspapers..

There's a handful of companies offering such opportunities.

Don't bet/waste your time on your friend who claims to be able to earn $10K only after 4 months.

Those companies are still growing and expanding, so no worries, when you graduate in 1-2 years time, they will still be hiring..

Their clients are corporate clients, and they sell on-behalf of those brands..

Thus that way you can learn the real stuff - the art of selling.

Improveyourhealth SG

the_fallen

I have sent you a pm

the_fallen SG

the_fallen

I have sent you a pm

thanks, i've just replied.

Timmy Teo SG

Hello

I need advice. I've just joined a MLM company called world ventures. I understand the business model and how an individual can make lucrative income by being passionate and believe in its value proposition... however 1 stumbling block that I foresee is network.. to me, to get ahead in the game u need to reach out to more people than the next guy.... how can I do this?

Once I've exhausted my personal contacts what else can I do? Some suggestions that came to me is to use social networks like fb, Twitter and LinkedIn. Also I can use mybino.com for lead generations activities.... but is there a quicker way?

the_fallen SG

Hello

it's good to Plan ahead, but it isn't good to worry too much.

Worrying before u even start puts u already at an disadvantage.

Negative thoughts will amplify inside you thus speeds up ur the speed of what u think of which creates more obstacles for yourself.

Based on ur reply, its clear to me that ur perception of network marketing is to keep doing recruitment which is mis-matched

Take a step back and relook at the options and choices you have.

If its still within he sales cooling period, ask for refund. Your present mental state isn't ready for such a sales industry yet.

Ask yourself if you are doing it for the money or to learn business?

If it's the former, quit, if it's the latter, continue and push on.

There's a lot to learn in this industry, you can't make a single penny if you're not keen on learning the business.

Learn the business and you'll get the money eventually.

Chase the money and you'll end up nowhere before you know it.

Plutoclub317 SG

MLM is about learning how to sort through people to find the right ones for your business model. Developing a lead funnel is important. None of us has exhaustive list of friends and contacts, but the internet has changed the whole dynamic of growing a business globally - especially for network marketers. Use lead generation funnels to create more leads for yourself and learn how to sort through them effectively to find the right business partners.

I am aware that WV has an online marketing system you can subscribe to. You should explore it, as it is suited to your goals.

Fallen is right - learn the business and . . . . In due time, the money follows if you have done it properly. The suggestions given to you do work - you just have to DO IT. If you run from it, does anything ever get done? I think you know the answer. Good luck.

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