Wednesday, August 24, 2005

Multi-Level Marketing (MLM)

What is MLM? Why is there a upward trend towards MLM?? Why are there so many youths turning towards MLM as their right business choice?

Is it safe to dabble in the unknown? because currently, MLM is relatively new to the Singapore market.

MLM. When we hear that our friends have joined the dreaded, n most feared MLM (company), and when we know that they are 'hoping to meet up with us after so long of absence', we turn tail n run as if Hell is after us.

But seriously, have you ever sat down n thought of what really is MLM? Have you or are you in the MLM business? Are you the 'predator'? Or are you the 'prey'?

Well, to give you a definition of MLM. Basically it's Multi Level Marketing. It's a business strategy tt grows in depth; layer after layer. And it's somewhat similar to Network Marketing, where the main resource is people.

I have found that MLM is actually an ordinary business that everyone can do. BUT. it's the company that you choose that will define your views and mind set of the MLM business. There are currently so many MLM companies out there right now. Most of us, would have come across the products that they are selling. Be it Essential Oils (Aroma Therapy), Skin Care Products, Toothpastes, Health Care Products, etc.. Some of us might even be using MLM products unknowingly.

After having said that MLM business is a can do, i must stress that it actually depends very much on the company that you hav been exposed to. The thing to take note of is the Business Strategy. As in, the promotion status. How is one supposed to climb up the MLM ladder in the company in order to earn BIG BUCKS. If you hit the quota, you go up, if u do not hit the quota, you drop one level down, and have to slowly climb back up again. Whereas, there are some MLM companies that have a better strategy, where one climbs up the ladder, but even if they are inactive, they still remain where they are, there are no quotas to hit, it's Own Time, Own Target, Fire. If you don't fire, you don't get income. As simple as that. Logical right?

But the interesting thing about MLM is that, if you've down 'lines' below you, as in, you have recruited people into the MLM family, and if they are active (i.e. working - and working hard), you'll be earning commissions. Not much. But it's like an incentive to you for bringing them in and grooming them. MLM is actually very much a group effort. Everyone has to help one another, uplines to help downlines, downlines to help uplines. In this way, revenue will then come in. And IF anyone ever says to you that MLM business can earn big bucks EASILY, that person is bullshitting. NOTHING comes easy.

Another thing about MLM is.. Why the fear of MLM and their Distributors?? What's so scary about MLM?? Actually, there's nothing at all scary about the MLM company. In fact, the products that these companies can be really good and effective. But it's just the Distributors of these companies that are scary. They go ALL OUT to GET YOU. Yup. They'll pester you till you feel like murdering them. They are RELENTLESS. >.< It's actually because of these people that we have a phobia for MLM. It's those few rotten apples in the basket that brings down the image of MLM.

But then again. Even if you do not want to join the companies, it's good to know what MLM is about. So, if you have people/friends/family approach you regarding MLM, and invites you to join their talks, you might want to consider going. BUT. don't restrict yourselves to only one company. Go to a few diferent MLM companies, hear what they have to say, (usually it's the same stuffs) but want you want to hear, is their Business Strategy. How one is supposed to climb up to the top. That will be interesting. And of course, it will arm you with the relevant shield to 'defend' yourselves when being bombarded by MLM Distributors who refuses to acknowledge/understand the words "I am NOT interested."

We believe that there are many questions that all of you readers out there have about MLM. Therefore, we hope that anyone with any questions regarding MLM, to post your queries and comments onto this blog, and we'll do our best to find out and answer them to the best of our abilities. People who are thinking of joining a MLM company, please find out more information about the companies that you want to join. make sure that u know all abt their promotion basis and marketing strategy and business strategy and EVERYTHING ELSE before you make a decision. Like what was previously said before, DO NOT restrict yourself to only one MLM company. Look around, observe other MLM companies, you might find a better and more profitable company to join.

Before we end, if readers find that what's been mentioned in the above is untrue, please feel free to speak.

Anonymous signed off.....

Dear all, if you have any topics to tok about feel free to send to lwg55@hotpop.com

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