MLM stands for Multi-level Marketing. An MLM is a type of direct sales or network marketing company but not all direct sales or network marketing companies are MLMs.
I don’t think.
I’m trying to work through this.
Affiliate Marketing is direct sales or network marketing, but it’s not MLM if you’re only promoting a product or service and not trying to recruit people under you to earn on their earnings.
Legitimate MLM — is that an oxymoron? I don’t know.
Here’s what Wikipedia has to say about MLMs
. Yeah, I’ve gone down that rabbit hole a few times!
This is another fascinating topic to me, but right now, not so much. I had grand plans to dedicate an entire category on this blog to research this topic (If you filled out my survey
— I am truly interested in what you have to say, I just might not get around to publishing a post about your business anytime soon. Sorry!). I worked with an MLM
recently but ended that relationship earlier this year. I still believe in the industry.
There’s a lot of information out there and people selling things all over my social media. How do you know what’s real and what’s
fake news a scam?
I’ve been really busy with my day job lately and haven’t had a lot of time for MLM research. (There are only so many hours in a day!) So my priorities have shifted a bit. I am back on the bottom of Maslow’s hierarchy of needs after a much-needed vacation and just trying to get through my emails and calendaring is a challenge. Yet, sometimes I can’t put writing off anymore and it’s not just about self-actualizing
, it becomes
a basic need. It’s about getting stuff out of my head and off my to-do list! Every time I opened my blog dashboard, I saw this draft post and it bugged me. A loose end.
So, I decided to use a resource from my day job to finish this off.
Here’s the answer to “What is an MLM?” from Articoolo
, a really cool content creator based on artificial intelligence. I ghost-wrote a blog post about the company that will be published later this week and I got a guest account to try out the service.
Many refer to them as Pyramid schemes because they often involve recruiting team members that sell under you, where you gain. Regardless of the criticisms, millions of individuals use direct selling as an income source. In 2015, over 20 million individuals were involved with the market, in compliance with the Direct Selling Association’s fact sheet. Are Multi-level marketing companies a fraud? Or are they simply misunderstood? Every industry has its flaws, and with regards to direct selling, all of it depends
upon the company. They are a terrific way to work from your house, which is what makes them so appealing to so many people.
You will find signs to seek to ascertain if a Multi-level promotion is actually a chance or even a scam. While having people under you usually gives you an opportunity to earn more money, it shouldn’t be the main focus. A great affiliate marketing will probably be Okay if you merely need to sell products and don’t have any interest in restraining your stresses a team. It’d likewise be a bad sign if your team your hosts would be the clients. There are a few different signs to look for to ascertain whether Multi-level marketing and advertising businesses are a legitimate or fraud.
You could have a problem rather than a job on your hands. A direct sales company should possess significant expertise running a multi-level marketing and advertising company before launching. If there’s too little direction or no instruction techniques, you may be placing yourself in a money sucking scenario as opposed to a money making one. Thus, they go bankrupt or have to shut down, and that your home based earnings stops dead in its tracks. Research the business’s growth, market and the industry to evaluate pricing, its track record and the like.
Articoolo is meant to give the writer a framework to create content. It is not meant to replace a human writer. If I were going to submit the above article for publication somewhere, of course I’d customize it with my own edits. But I think it does a good job of getting across the main points about MLM and in its not-quite-perfect state, reflects what you’re going to find out there if you’re doing your own research. Key words include “pyramid,” “recruiting,” “criticisms,” “compliant,” “fraud,” “scam,” “money sucking”…
I am not saying all these words apply to MLM, but that is what you’d be wading through in order to evaluate an MLM opportunity. I do not have the wherewithal to do that right now, though I am currently buying my shampoo from an MLM. I like it a lot and I might be happy enough just being a customer.
Next on my agenda (besides the 15 or so things I have to write about for my day job) are ideas related to baseball, my kids’ summer jobs, and the latest diet book I read (because I found out I have an underactive thyroid after all).