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Multi Level Marketing Or MLM: ”The Best Way To Financial Freedom”. Fact Or Fiction?
So is MLM the best way to financial freedom? Well, before we can answer that question, we need to talk about what MLM really is. Multi Level Marketing is not something new. It has been around since 1965. Nowadays MLM represents around 0.5% of total US retail sales.
MLM stands for Multi Level Marketing. This is where you get paid for selling products for a bigger company. You also make money of what people under you are selling, or the people that you get to join the MLM as well.
The company is willing to pay you a little bit extra for what the people selling under you are making, because overall, you are making them a lot of money. If you get involved with the right MLM, then yes, it can be a good way to get to financial freedom. However, before you go running out the door to join one of these groups, there are a few things that you need to keep in mind.
First of all, there is a difference between MLM programs and pyramid schemes. Although it can be hard to tell at times, there is a big difference. Pyramid schemes are not really offering any products to sell. All you are doing is getting people to pay sign up fees to join this pyramid scheme. However, with MLM you have actual products you are trying to market. To tell the difference between an MLM program and a pyramid scheme, you have to look and see if there is a sign up fee. A lot of times the pyramid scheme will make you pay a sign up fee. That is because they are not really selling anything, so the only money that they are getting is by getting people to sign up. With an MLM a lot of times you get to join for free, because you only make money off what you sell.
There are a lot of companies out there that are kind of like MLM programs. This includes such things like online survey companies, Avon, and Mary Kay. Although some of these places claim not to be a MLM business, they have all the makings of one. You get money off the products you sell, and you get money off the people that sell stuff under you. If you know what you are doing, then yes, a MLM program can give you the financial freedom that you want and need.
However, most often than not, the MLM businesses are just a way to make some extra money in your spare time. A lot of times people find that they are not worth it. Of course, there are people out there that make a living doing it, so it’s really up to you to choose for yourself. Like any form of other business MLM marketing requires you to work hard and steady. Like I always said there is no free lunch! So don’t waste your time with MLM unless you are serious about it.
To Your Success!
About the Author
Do you want to learn more about Internet Marketing? I have just completed my brand new guide to Search Engine Marketing Success: ”How To Consistently Drive Thousands Of Targeted Visitors Every Day With Search Engine Optimization”. Download it free here:
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Serge Daudelin is a
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specialist and consultant who has written over 300 articles in print and 5 published ebooks.
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Be a Recruiting Superstar: The Fast Track to Network Marketing Millions $10.23 Network marketing – also known as direct selling and multi-level marketing – has turned millions of people into successful business owners. But to truly reach their earning potential, network marketers need to successfully grow their business by recruiting the right people. Written by a true network marketing superstar who personally signed over one thousand people in her first year, the book reve… |
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GET FREE MLM LEADS! Dani Johnson MLM Business Opportunity: Darren Little Zija
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Net Marketing Exposed $2.99 Marketing students are taught a set of principles known as the Marketing Mix. First introduced on a large scale by Neil Borden in 1964, this curriculum is also referred to as the Four P’s; Product, Price, Place, and Promotion.Product – The product is both the substance and the presentation of goods and services offered to the customer. This includes the appearance and functionality of physical pro… |
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MLM Recruiting Strategies Review – MLM Recruiting That Actually Works
When growing an MLM or network marketing business, you need to make sure you are using an MLM recruiting strategy that actually works.
Most MLM teachers recommend you use your warm market to recruit for your business – leveraging relationships with friends, family members, co-workers, or even strangers that you “bump into” out in the street or at the mall.
This type of MLM recruiting can barely even be called a strategy. In fact, it can be very demoralizing when a motivated distributor puts all they have into promoting an opportunity, and the only people that have to talk to about it are their friends and family members.
Fact is, most people don’t like to be “sold” by their friends and family. Besides, unless you have a huge warm market, you will run out of people to speak with eventually. This is why some so-called “experts” recommend you use the 3-foot rule to grow a business (speaking to anyone that comes within 3 feet of you and makes eye-contact).
it’s about as effective as putting on a chicken suit and a sandwich board and jumping up and down on the street corner. It’s funny…kinda. But it’s not a long-term recruiting strategy.
So what is a good MLM recruiting strategy?
One that meets the following requirements:
1. MLM Recruiting That Is Sustainable
You want to have a sustainable recruiting strategy, which means you will have to use tools that reach the masses. These include the Internet, the telephone, direct mail, and other resources to bring people to you who are consistently and predictably looking for what you have, as well as using powerful referral systems in place to provide incentive to building long-term relationships.
2. MLM Recruiting That Is Economical
You need a way to effectively monetize the clients you are enrolling. It doesn’t do you any good to have a website with 5,000 visitors a day if they aren’t buying anything or joining you in business. To do this, you need to have a sales funnel in place to monetize the traffic and interest you are generating, do so with the right cost-strategy in mind so you don’t spend yourself out of business.
3. MLM Recruiting That Is Replicable
The concept of “duplication” is common in the MLM industry – however, you simply cannot duplicate people. Everyone is unique, everyone has their strengths and weaknesses, and nobody is going to do something just like you do. What you can do is build a system that is replicable – a system in which anyone can plug into, and generate good results.
The reality is that many recruiting strategies are short-term fixes to long-term challenges. If you want to build an effective MLM Recruiting strategy, keep these key points of interest in mind.
About the Author
Joshua Fuson is a professional marketer, and has participated in the generation of over $14 million dollars in the direct-marketing industry in the past 4 years alone. To find out more about Josh, see MLM Recruiting Secrets.
You can also learn more about building a huge downline, see The MLM Recruiting Guide.
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Screw The 3 Foot Rule| MLM Training | Network Marketing Success


