MLM
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This page was updated on:
09/02/2011
Multi Level Marketing
Do Multi Level Marketing Programs work? The answer is..............Not really. There have been thousands of MLM programs over the years. The only people that ever really make significant money in MLM are the people at the top of the ladder. Statistics show that unless you are the owner of the company, or one of the first people signed on, you will probably make very little to no money at all. While some of the MLM programs are honest, there are many others that are very dishonest and there have been many prosecutions for fraud in the Multi Level Marketing Industry.
Here is a list of some of the most well known MLM Programs
- ACN Inc.
- Amway
- DXN
- Forever Living Products
- Herbalife (health and wellness products)
- Ignite
- Mannatech
- Pre-Paid Legal Services, Inc.
- Primerica Financial Services
- Quixtar
- Sunrider
- Tupperware
- Vector Marketing (sellers of Cutco knives)
- World Financial Group
- XanGo
Here is a warning about Multi Level Marketing that was put out by the Federal Trade Commission
- Plans that promise profits mainly for recruiting new members are illegal pyramid schemes. In legitimate multilevel marketing plans, profits come primarily from selling goods and services to consumers.
- Be aware that some pyramids are disguised as “gifting clubs.” New recruits give money to current members with the promise that they will receive money from future recruits.
- Know that all pyramids are doomed to collapse. That’s because it’s impossible to keep on getting fresh recruits who will pay to participate.
- Legitimate multilevel marketing plans only succeed if they offer products or services that customers want. All successful businesses depend on repeat sales. If there isn’t constant demand for the products or services, the business will fail.
- Sales to other distributors don’t count. Legitimate multilevel marketing plans aren’t based on sales to distributors. Profits should come from sales that you and any distributors under you make to the end-users.
- Be wary of big earnings claims. No one can guarantee how much you’ll make. That depends on how hard you work and whether consumers like your products or services. Many people who work in multilevel marketing do it part-time to supplement their other income.
- Check it out before you commit. Print out all the information, and contact your state or local consumer protection agency for advice. In some states, multilevel marketing companies must register with the government and comply with other requirements.
- Don’t buy more supplies than you need. Some fraudulent companies try to force distributors to pay for more products than they can reasonably sell
Below, we have listed a few of the MLM Opportunities that really work
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Project Pay Day - Click Here to sign up. You can make several hundred dollars a month, requires no work, and it's free to join.
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Bux.to - Click Here to sign up It's free to join and you can make money from surfing websites and sending them referrals.
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SendEarnings - Click Here to Sign up! They give you $5 just for signing up and they pay you to read emails and send them referrals.
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Many MLM Programs are showing a major increase in business all over the world
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