Internet Destroyed Multi Level Marketing
Would it not be better to just work for a couple of years to build a lifetime of passive profits, and then pass it down to the grandchildren? Well, the MLM (Multi Level Marketing) industry has been based on this which sounds promising, but does it deliver?
This concept worked in the past, but it no longer works today.
But how do I make such a bold statement? Because around every six to nine months, a big group of people from one specific company get traded to another. There was an era when these individuals were known as MLM junkies, but now, the people above them in their program are in the same situation.
Not so greatly, the network marketing industry has become anxious with timing, soft launches, and the next big thing. But what is causing this anxiety?
It’s just the game of numbers. The count of newcomers getting into network marketing compared to the count of new companies that are opening up, does not have a decent ratio. Any time that you want, you can start your own company. The issue is that you will be limited to the number of people that are going to join your business.
This now brings in the idea of the ‘Pre Launch’. A company will use this as their chance to get networkers to promote this new company. It usually gives the networkers an advantage to help get the company off its feet while there are not many people involved, which lets them make more money.
Now, the networker is already marketing this new company only to find out that another company has just released its pre launch, promising the world that it’s going to be the biggest and best thing ever. This cycle will now begin.
This cycle continues, and new companies will start up every six months or so and offer a pre launch. The promoters in the other companies rush to the top, and the programs they stray from simply fail. You can see how this obviously creates serious competition within the network marketing industry.
Just remember that when it comes to network marketing, the people that promote these companies is what keeps the company from failure, making you an important part of the system.
Here is a question you might be asking yourself. why start a multi level marketing business? perhaps you are seek of your mediocre job and tired of living pay check to pay check....
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