Why MLM Marketing is Not a Pyramid Scheme -

Details for Why MLM Marketing is Not a Pyramid Scheme

ID:	1338
Author:	Bobby Winchell
Title:	Why MLM Marketing is Not a Pyramid Scheme
Article:	Before starting in network marketing, many people think they already know what it’s all about. Many people still have the idea that multi-level marketing as it is today is like the pyramid schemes that were popular in the 70’s and 80’s. Those were spectacular failures for one principal reason- there were too few people to participate to make it fair to everyone. People promised profits often failed because the local markets quickly became saturated and the marketers then had no one to sell to and no one to join their downline. They were out their starting costs without ever having a real chance at customers and downline members. But with the Internet, that’s all changed. The old pyramid schemes essentially worked like this: the marketer had to pay upfront costs, sometimes extremely high ones, and earning that money back depended on selling things door to door or in home parties. The marketer got downline members in the same way or through placing classified ads or fliers. As you can see, pretty soon an area would be saturated and not have enough buyers to earn money for all of the marketers. The people at the top of the pyramid did well while the people who came in later lost their money entirely. The new face of multi-level marketing is nothing like the pyramid schemes that went before. With the Internet, the entire world is a potential member of your downline. There is very little chance of any one area becoming saturated because most items can be sold online. In fact, some of the items are only sold online or through catalogs. This makes it far easier to find both buyers and people who will sell items under you. In this generation of MLM sellers, there is usually not a requirement to even have a downline. Marketers don’t have to rely on other sellers to make an income for them. With so many ways to sell, many marketers choose to sell directly and not create downlines at all. This makes it even easier to participate in the sales and marketing aspect of the business and means there is no pressure on them to make their money back by recruiting others. If you’ve been thinking about starting your own small business in MLM but have been worried about their pyramid scheme reputation, you no longer have to worry. Modern multi-level marketing is easier, more lucrative and there are customers available all over the globe. I started in a MLM business and cut my teeth in advertizing learning simple methods to drive prospects to my MLM web site. You don’t need to know anything about site building as the company puts the web site up for you! You just drive targeted traffic to it. There are many ways to advertize, both paid and free. One of my favorites is Article Marketing, such as your reading now. This very affective and is quite viral. So if your ready to get your feet wet follow the link s below and you will be surprised how fast you can be up and running and on your way to kicking the boss to the door! About the author of this article: bobby winchell is an internet marketing mentor and coach and is an accomplished businessman with 35 years of marketing experience. just click the links! the mlm-net-profits is a great place to start as is top-ten-bizopps both are low cost start ups! millionairessecretsclub
Category:	Business: Marketing
Date:	November 01, 2008 04:03:01 AM

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