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FIB - Scams 101 - Ye Olde Archives
Posted By: mtran2000 <mtran2000@aol.com>
Wednesday, 7 December 2005, at 4:58 p.m.
Having tried a few MLM's in the past,I have seen the pros and cons.
The biggest flaw with MLM's is they don't emphasize sale of the products enough. Most sell the recruitment and all the money to be made getting others signed up. Main reason for this is, the products really are overpriced and hyped up.
How many times have you seen a MLM come out with breakthrough health product that cures all. This happens all the time, examples are Tahitian Noni and Coral Calcium.
Both products were supposed to save everyone and now they are on Wal-mart shelves for a fraction of the cost of when they first came out.
Bottom line really is, MLM products are nothing spectacular just priced high and hyped up to be better. I have yet to come across a MLM product worth paying more than I would pay at Wal-mart for a similar product. (soaps, detergents, vitamins etc)
Someone pointed out that the people that start MLMs always make money, this is true. They make money until the MLM fizzles then they just close up shop and take profits and often start another MLM.
I also stated I have seen the pros and cons of MLM and have not named any pros yet.
The only pro I can think of is it relatively cheap to get started as a distributor and be in business. Whether you make any money or have any friends or family still talking to you in a year is another story.
My thoughts for what they are worth
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