Question: is there Anything Wrong with Multi-Level Marketing?

Is There Anything Wrong With Multi-Level Marketing?

Multi-level marketing (MLM), (also called network marketing) is a term that describes a marketing structure used by some companies as part of their overall marketing strategy.

The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduce to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation in the form of a pyramid.

The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing.

Source: Wikipedia

Is There Anything Wrong With Multi-Level Marketing?

My intention is very simple;  I want you to draw your personal conclusions about MLM after reading the two articles below. I am doing this because of the personal experience I had when I first got into MLM, those days it was all about the money, so I never bothered to carry out any research and give my downline a fair picture of what MLM is all about, I erroneously approached it as a get “rich quick” scheme, for me then it was all about the money and so everyone who joined did so because I told them they would become rich overnight – 80% of them failed. After this experience I took a rather long break from MLM and I am just about resuming again and so It is my duty to let you understand that;

  1. Getting involved in MLM should strictly be a personal decision.
  2. MLM is NOT a get rich quick scheme.
  3. You should take responsibility for the outcome.
  4. There are no perfect organisations.
  5. It starts and ends with you.

Below are two well researched articles written by Dean Van Druff and Dave Taylor. I urge you to leave a comment on your thoughts and views after reading both articles and see if you can honestly answer the question Is There Anything Wrong With Multi-Level Marketing?.

Click to read the 1st Article

Click to read the 2nd Article

Now tell me what do you think Is There Anything Wrong With Multi-Level Marketing? Is there anything really wrong with MLM or is it just a case of perception based on people’s experiences? Some thoughts may have registered in your subconscious and you may now have;

  • A whole new view of what MLM is all about.
  • A fresh belief that MLM is the worst thing that has happened to mankind.
  • An inspirational conclusion that MLM is the best profession on earth.

Whatever personal conclusion you arrive at, take particular note of the concluding paragraphs of both articles;

Concluding paragraph of the 1st Article on Is There Anything Wrong With Multi-Level Marketing?

It is hoped that by clearly pointing out “What is Wrong With Multi-Level Marketing” that many might be spared the inherent and associative pitfalls by avoiding the practice.

As well, for those who insist on practicing MLM, it is hoped that this analysis will serve as a handy framework of problem areas to be avoided if and where this is possible.

Concluding paragraph of the 2nd Article on Is There Anything Wrong With Multi-Level Marketing?

Nonetheless, there is a stigma around MLM. Is it justified when you just look at the business structure?

For that matter, if I include an affiliate link to Amazon (NASDAQ:AMZN) or a redirect through something like Clickbank that pays me a commission because you decided to buy something through my link, is that really fundamentally different to me selling you some Avon skin lotion or a carton of Amway dishwasher soap?

Is There Anything Wrong With Multi-Level Marketing?Personally, I believe in MLM, I wholeheartedly love the concept of a company willing to share some of its profits with people. I appreciate the fact that ordinary people can turn out as superstars and most importantly, MLM offers you an opportunity to attain financial freedom.  Some of the richest people  on earth understand the MLM concept and its potency, and that is why they have heavily invested in various MLM companies – you could carry out a personal research on Warren Buffet, Donald Trump, Robert Kiyosaki etc. and their interests in some companies.

Is There Anything Wrong With Multi-Level Marketing?

This is not to say that there are no obvious shortcomings with MLM but then, it is the same with every business concept that has ever existed on the face of the earth – one way or the other, they are not 100% perfect.

I wish to stress that if you learn how to leverage the internet while building your MLM business, then you will be able to avoid most or all of the pitfalls highlighted in both articles. I recommend you join Renegade University today and learn how to maximise and monetise your web presence.

Won’t it be most wonderful if you fully understand the new concept of MLM before reaching any conclusions? Well, it is better to get a 3rd opinion – an opinion that is based on the unique strategy of Attraction rather than the outdated method of pitching.

Building your business doesn’t have to be hard. Sponsoring people doesn’t have to be hard.

— Mike Klingler

What is your opinion and conclusion(s)?

Is There Anything Wrong With Multi-Level Marketing?