MLM (Multi-Level Marketing): Scam or Legit business [MERGED]

[exzhoray]

Ei! Guyz. I know most of you tsikot people are well oriented when it comes to bussiness and money making.

I just want to ask, whats your catch on MLM's or Multi-Level Marketing? Is it really a 'bridge to financial freedom' or just one method of exploiting the poor and the innocent by blinding them with 'testimonies' on methods on having easy-money.

[kimpOy]

there's no such thing as easy money....

[kiper]

kung tamad ka walang mangyayari sayo..

kahit anong klaseng business.

kung masipag ka, kikita ka jan.

pero maraming MLM companies ang wala na ngayon.

[roninblade]

there's no such thing as easy money....

kalokohan yang mga MLM na yan.

[exzhoray]

nyahaha korekTO!! I agree.. these MLMs are fraud. I just want to discourage my friend from joining. with a 16k reg fee ( that's a buckload of money )

[oldblue]

MLM is more like social freedom then financial freedom.

[russpogi]

MLM = scam. 'nuff said

[bbt]

an excerpt from "the lexus and the olive tree" by thomas friedman:

"eventually, though, the albanian pyramid savings fund collapsed in 1997, as these things always do, leading to a total breakdown of law and order, with furious albanians ransacking their own state in an effort to get their money back... foreign dilpomats had to be evacuated for their safety"

hmm...

[Negus]

meron ngang nagkakapatayan dahil diyan sa MLM na yan eh.

Yung family ng batchmate ko back in high school runs a very well known MLM company . pinatay yung youngest brother niya due to misunderstanding between a certain investor (high ranking official). medyo may kayabangan pa daw yung magkakakapatid. pinalabas ng ama nilang konsehal na nabaril sa "carnapping" para maprotektahan lang ang image ng kumpanya. ngayon bali-balita ko sila silang magkaka-classmate nagkaka-demandahan puro talbog daw yung tseke......

[froshie1]

MLM? hindi ito scam. magiging scam ito pag pyramiding. Pag hindi ka masipag sa pagbebenta wala kang kita. Just like any business mayrong capital ka dapat para dito at oras na dapat na pinupuhunan. Kung ayaw mo dun sa produkto wag mong papasukin lalong lalo na pag wala kang oras dahil hindi ka talaga kikita.

[Alpha_One]

MLM, at best, is no more than a novel way of doing business. Pag may tiyaga, may nilaga. Pag may isinuksok, may madudukot, pag may tinanim, may aani...*gets shot*

If somebody's trying to sell you into joining an "MLM" promising easy money, either he's lying or doing something illegal.

[empy]

MLM per se is not a scam. but it's a crappy business model. take an unskilled sales force, give them little to no product knowledge or training, and give them an incentive scheme that is sure to demotivate all but the most skilled salespeople and recruiters. anyone who's ever successfully led organization can tell you that's a recipe for disaster.

sure, the law of averages ensures that you'll at least make some sales, but it's a totally ineffective use of your resources. plus, only the people at the very top make the money anyway.

a lot of MLM's become scams when their claims for the product and its earning potential turn from reality into fantasy

[boybi]

Di ba MLM din yung mga Natasha, yung mga nagbebenta ng grapeseed supplements, etc.?

[uls]

It's a rob-Peter-to-pay-Paul thing..

MLMs do make some people a lot of money. Usually those who get in early. Or those who actually start the MLM company.

MLMs usually collapse under its own weight. Coz they are simply unsustainable.

So kawawa ung mga late pumasok.

[Galactus]

The problem with MLM schemes, most of the companies into it rely more on "subscription fees" from recruits, who in turn have to find additional recruits to earn income. So in the public's mind, MLM = pyramiding.

Buti sana if they offer great, innovative and useful products, but generally they're common at overpriced. Mahirap ibenta, yung mga bumibili pa puro kamag-anak at kaibigan ko, at kailangan ko pang lumuhod para sila maawa, hehehe

When my wife joined Forever Living, she plunked down 12k+ for the combo kit and then joined First Quadrant (joining fee then was 8,888). Pero without my knowledge, sinama pala ako, her sister-in-law and her mother, plus her 2 friends (pero pautang yung sa 2 friends). So she spent over 48k. Wala pang 5k yung na-recover nya.

[uls]

the joining fee new recruits pay is used to pay the recruiters and the recruiter's recruiter, and the recruiter's recruiter's recruiter and so on....

the products are actually only props to make the MLMs look like legit businesses.

But the main income generator of MLMs is joining fees.

[doriftospeed]

MLM=Pyramid. Same difference.

[oliver1013]

Been a member a couple of years ago. This is not for everyone, you will earn, true if you work your ass out. Pero in the end not worth it. Some things are more valuable than money. Pag andiyan ka sa mundong yan puro pera lang at material na bagay ang fuel ng mga tao.

[mmanson]

i dont think so. pag tinamad ka dito wala ka talagang pera..just like any other business. scam to pag nagtiyaga ka nga kaso yung nakuha mong tseke e tumalbog.. ah yan ang scam.

about pyramid schemes:
addtl info:http://en.wikipedia.org/wiki/Pyramid_scheme

..There are other commercial models using cross-selling such as multi-level marketing (MLM) or party planning which are legal and sustainable, although there is a significant grey area in many cases...

[niky]

It's a scam, a gyp, a con, a way for people to make money off of other people who make money off of other people who make money off of other people who make nothing because they can't sell.

Why use MLM? If your market area is saturated with other sellers already (which is quite possible, given that most people "recruit" their friends and neighbors), then you are better off just selling any other kind of product door to door.

Working at a school with a big employee base, I see lots of these things come and go. I've seen just one person of the dozens who've joined actually make any money off of this, and she's a housewife with little to do, and she's married to a prominent person in the community, so she has lots and lots of contacts and "recruits". That's about the only way to make money off of this.