What do you think of Network Marketing/ MLM?

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Just curious, who here is involved or has been involved with Network Marketing? If you are currently involved with Network Marketing, what are the pro's/con's? What enticed you to to get involved? If you were involved with Network Marketing, what made you quit or leave? What are the drawbacks that you found? What are you thoughts? === The reason I ask is I'm looking to here people's experience of it, and to find out if it's a good direction to go in. Thanks so much in advance for your time and help! BEST ANSWER Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's "downline", and can provide multiple levels of compensation. Thats the definition and it sounds to me that if you succeed in this marketing strategy that you get paid exponentially and passive recurring. The bad part in MLM is really not the product. It can be insurance, tupperware, vitamins or information. It is the person promoting the product. It will only ethically work if you yourself believe in the product. If you are trying to sell a product you yourself do not use personally, your clients will smell the BS and run away. Problem is a lot of MLM or marketers in general lie and try to shove their product down people's throat. Marketing is not about lying to people but telling stories. Success stories of your own and others and how the product helped you reach your goals. Building these relationship with people and leading them by the hand on how to leverage the products you promote is the best way to make sales and succeed in mlm.

Just curious, who here is involved or has been involved with Network Marketing?

If you are currently involved with Network Marketing, what are the pro's/con's? What enticed you to to get involved?

If you were involved with Network Marketing, what made you quit or leave? What are the drawbacks that you found? What are you thoughts?

===

The reason I ask is I'm looking to here people's experience of it, and to find out if it's a good direction to go in.

Thanks so much in advance for your time and help!


BEST ANSWER

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's "downline", and can provide multiple levels of compensation.

Thats the definition and it sounds to me that if you succeed in this marketing strategy that you get paid exponentially and passive recurring.

The bad part in MLM is really not the product. It can be insurance, tupperware, vitamins or information. It is the person promoting the product. It will only ethically work if you yourself believe in the product. If you are trying to sell a product you yourself do not use personally, your clients will smell the BS and run away.

Problem is a lot of MLM or marketers in general lie and try to shove their product down people's throat. Marketing is not about lying to people but telling stories. Success stories of your own and others and how the product helped you reach your goals.

Building these relationship with people and leading them by the hand on how to leverage the products you promote is the best way to make sales and succeed in mlm.