Thread: Mlm
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Old 10-29-2007, 11:36 AM   #30 (permalink)
Caveman Joe
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Join Date: Nov 2006
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Quote:
Originally Posted by Lucas View Post
I would love if you would help me to know where you are coming from with this post. Starting a business, regardless of which one you do, does not guarantee success. Could you give me some examples of these business ideas that are closer to a guarantee of success? I would appreciate that, because maybe I would be interested in investing there as well.
There is no business that can guarantee success. I don't know where you got the idea that there was.

Quote:
Originally Posted by Lucas View Post
Word of mouth advertising is the most powerful form of advertising there is, and these companies are using that, which is why you cant buy the products in Asda (is that a town or a store?), because they aren't going through the normal distribution channels, which costs money. What these companies do instead is make an initial investment into developing tools and systems for their distributors to use, which cuts out the huge advertising and marketing cost companies spend per year, and that goes to the distributors in the comp plan, which is why theres a lot of money to be made in MLM and NWM.
MLM's don't use word-of-mouth advertising. They pay people to sell for them, just like other companies pay telemarketing firms - except that instead of selling to random people, most people end up selling to (and recruiting) friends and family members. It's not word-of-mouth if money changes hands.
ASDA is the biggest supermarket in the UK, and recently merged with Wal-Mart. ASDA, Tesco, Sainsbury's and Morrisons are the UK's "Big Four" supermarket chains.
Are you saying that MLM companies wouldn't like to have their products sold on ASDA's shelves? It'd certainly shift a few units. No, I don't think that's the case. I think the problem is that the Big 4 don't want anything whatsoever to do with MLM, and prefer to stick with a business model that has proven itself to work.

Quote:
Originally Posted by Lucas View Post
In my opinion, and this is just me, I think MLM is one of the best business models around. It's a relationship fostering model, and that is one of the most powerful forms of client retention/sales in the world. We buy from people we like.
If you can make a living in MLM, then fine, go ahead and do it. I just think that if you have the determination to make money in MLM, you have the determination to make money in anything, and you really should be working for yourself instead.
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