Originally posted by elementalangel:ok what about the competition part? mlm vs traditional?
anyway insurance agents and property agents are an example of network marketting however with a license required and no expense in terms of money.
What do you mean no monetary expenses? Do you know they have to pay to get their licenses?
Originally posted by Togogal:What do you mean no monetary expenses? Do you know they have to pay to get their licenses?
yes they have to pay in order to get their license, however they do not have to pay when they join a company.
Originally posted by elementalangel:isnt that obvous?
property/insurence agents take money when being hired and get a basic pay as well. =)
Not true. In fact, property/insurance agents who get a basic pay are in the minority.
Originally posted by Togogal:Not true. In fact, property/insurance agents who get a basic pay are in the minority.
even if they are the minority. do you see any mlms give basic pay to their sales people? Grant a personal table and chair to all of their employees?
Originally posted by the_fallen:All I can say about products is that different companies' products serve a different market and they each have their unique selling point.
For instance:
Marie France Body Line
Slim Fit
Bottom Slim
New York (Facial)
and many other beauty centers, they all target ladies and perhaps some guys who wants to look good, but look closely, they target different parts and needs of their clients which is why none collaspe but only to keep on increasing in retail outlets.
The same goes to mlm or any other business.
I will be using real-life examples as reference to reply back because from the post replies to date is that people still have very much negative impression about mlm, so i will just post similar examples, if anybody can't get the link between the examples, than kindly clarify, but please, don't keep on focus on mlm and link them to negative sales agents..
Focus on business, like I did, and that's why even Donald Trump and Robert Kiyosaki also know about it and perhaps lots more information than me, but they rather not reveal much about it for business and personal reseasons.
If you or anyone focus on negative stuffs, you will end up always negative, so why not try to think positive and everything will turn out positive like what I did.
It's all about Law Of Attraction.
Deino: if you're wondering what a new mlm agent learn, than look at me, what am i doing here with my knowledge, how much did I learn VS the other mlm agents. I focus on learning but they (majority) focus on profits thus the huge gap in differences.
It's not about how much you can learn, but rather DO ANYONE even want to learn about those informative knowledge and skills in the first place?
I learn all these because skills and knowledge are more important than money or profits which is why I'm still surviving and kicking after 5years despite little to no money earn, but I've gain quality knowledge not taught in schools which many paid school fees, time and effort to learn but fail to understand it.
Just ask more questions: I'll share if it's not under my classified section of business secrets. (",)
There are MLM firms whose primary products are absolutely worthless. They have MLM firms selling birds, air, and other rubbish products in the US. Apparently, their version is, the product isn't important. What's important is the system and how fast you recruit people under you. A product can be totally useless, rubbish, but as long as people see the value in the system, any product is fine. In fact, several large MLM firms have many products overlapping each other, overlapping the general retail market and other commerically available over the counter.
Both Trumph and Kiyosaki did not engaged in MLM business.
Originally posted by Deino:MLM VS Traditional Businesses..
Wots with mlm products anyway...if they were so great, won't traditional businesses adopt them?
i guess the answer is that products are just plain dumb..
in this day and age, how much can a new agent really earn? i think most agents who climb up faster are those who are using their own family...its like making use of your own family lo -_-"
MLM is only good(at making money) when you're at the top...
Precisely. It is the "SOP" of several MLM firms. A new agent sells to his own family and relatives to a certain preferably "recruit-able" position, then recruits people, and make them sell to their own family.
In this way, it's True Network Marketing, where you don't sell to cold market, but via the goodwill of word-of-mouth. However, this particular "goodwill" only sterms if the product is really unique and beneficial to people. Generally, this is not true. Most MLM products are common between firms or general retail, and/or they are almost worthless. And secondly, there is no goodwill in the first place. New MLM agents are usually aggressively influence (read forced) into selling to their family first, under the guise of "testing the product yourself", "front loading", "going into recruiting mode", etc.
Originally posted by Togogal:Precisely. It is the "SOP" of several MLM firms. A new agent sells to his own family and relatives to a certain preferably "recruit-able" position, then recruits people, and make them sell to their own family.
In this way, it's True Network Marketing, where you don't sell to cold market, but via the goodwill of word-of-mouth. However, this particular "goodwill" only sterms if the product is really unique and beneficial to people. Generally, this is not true. Most MLM products are common between firms or general retail, and/or they are almost worthless. And secondly, there is no goodwill in the first place. New MLM agents are usually aggressively influence (read forced) into selling to their family first, under the guise of "testing the product yourself", "front loading", "going into recruiting mode", etc.
yup...using one's own family to be so called "successful"...
its like taking money from your own family and giving it to the company...
in other words its the perfect tool to decieve people of their money...provided they know how to manipulate their "customers"
Originally posted by the_fallen:No doubt magnetic therapy has always being within the debating hot topics when it comes to products, and one of the 3 mlm companies which i've being to previously even mentioning about a public hosptial using it with photos.. LOL
but over time as I continue to watch and get updates, I can and will agree to your thinking to a certain level perhaps 50/50.
With this in view:
Let's look at the issues from different point of views.
1) Advertiser
To cut cost, getting mlm agents and company to sell it is the most low-cost way that the current market know of, BUT i've learn a even lower cost marketing strategy plus it's also word of mouth but without any MLM practices..will keep it as my business secret for now until I've made some decent revenue to proof the efficiency of it first before I decide to share with anyone.
when a new product comes into a market, one of the possible reason why they choose mlm is primary because it's low cost. Backend reason which I presume only might because the advertiser/supplier of the new innovative product has already spent a huge chunk of capital to invest in the R&D segment to come up with the finished product than with low cash flow, they have little marketing/advertising choices left ma.
2) MLM Company
They get to be the contracted SOLE Agent representing the advertiser/supllier of the product, so once the advertiser signs it, it's as good as losing control rights over the product at least until the amount of years stated in the contract.
This benefits the company but not to the advertiser/product supplier if he/she aren't well informed in making an informed and wise decision to choose which mlm company to help market their products.
3) MLM Agents/Distributors
when given the right to sell a new product, they should be happy, but due to heavy competition among the same company agents, it's not recommended for a complete newbie to enter into the ring of competition.
so depending on how the agent is taught and decisions made, be it the success or failure of the mlm agent in the journey of mlm, it all boils down to the decision he/she makes when she decides to help the company market the product using whatever methods they are taught if they are just mere sellers and not product consumers.
it's true that many are taught to be great sellers and not as a consumer point because they themselves are hard up for cash thus that's the main reason why people OVERSELL/OVERPROMISE the advantages of the products because they themselves the agents aren't using it. I myself was once such an agent but only for a short period of 1-2 weeks before I see the super negative impact on my reputation thus causing me to re-think and reposition myself to what I am today.
4) Customer point of view
from this point as a client, COST is the most important factor, and for us to get good products at a much lower cost would mean that the product that you want to buy already has a HUGE DEMAND without any advertising locally in new country (market) this way they can afford to MASS PRODUCE.
Since it's about magnetic therapy, the concept nonetheless is still new so demand is still considered LOW, thus they can't MASS PRODUCE it just to bring cost low. Just think of this from another view, if they have no ready buyers to buy the Mass Produced Products, they end up paying more on products space rental, storage, which will gradually increase over time thus it makes no buisness sense to mass produce without a ready market with results in huge losses instead
I hope I have answered your questions and have given you a balanced response which you're satisfied with. :)
If there's any queries, feel free to ask.
Best Regards,
the_fallen
1. Advertising. That's what a lot of MLM introductory videos say. However, whether cash that potentially goes to advertising, goes to R&D instead nobody knows. No one but the owner and maybe the top handful of people in the MLM firm knows. It could be just become more profits for the firm.
2. MLM Company. Do they really get to be the sole agent? Product companies just repackage their product A to become product B and assign another sole agent. This do not benefit the MLM firm at all. In fact the product companies are "playing" the MLM firms. The owner of the MLM firm knows, but to them any product is a good one if it brings in the revenue.
3. MLM Distributors/Agents. Today be it you're an agent of a particular firm, you compete not only with other agents but also against the retail market. Take for example the Vit C, or the whatever water purifier system that many MLM firms and retail stores sell. Firstly, MLM's products are not distinguish-ly good, secondly, they are not significantly cheaper. In fact, most are more expensive. So how is trying to sell a more expensive, "never heard before brand" of Vit C via MLM better than Guardian's Vit C or Nature Farm's Vit C?
4. Customers' point of view. You got it the wrong way. A product does not have any demand without advertising. Advertising creates the demand, before people buys the product, not the other way round. Will anyone buy colgate before they know colgate helps prevent tooth decay? No. People buy colgate because through advertising, they know that colgate helps maintain better teeth.
MLM firms can say all they want about the power of word-of-mouth marketing. There are several studies proving this, but there are also studies that are inconclusive.
However let's use some common sense. Virgin Mobile came into SG ard 10 years ago, I'm sure many would recall their official opening with the CEO Richard Branson adsailing down their office building. That advertisment alone informs more people in a short time more than any word-of-mouth marketing can do.
Say today you really discover a new powerful product, say a super vit that ensures the product user will no longer fall sick in their lifetime. This SuperVit is so good that it immunises people against cancer, heart diease, all the stupid flu-s, and SuperVit ensures great skin with eternal youth. Would you go by slower word-of-mouth MLM style, or would you launch your product through all the retail lines via big bang advertising? This is a no-brainer ya.
Originally posted by Togogal:1. Regulated, legalised and recognised company = less complaints which make it to the headlines??
2. Negative practices of AIG Insurance agents? What?
1) Regulated, Legal & Recognised Company don't appear in Headlines as frequent as those in red zone of negative profits.
There's the other part about Media Control of certain news - M.S.K's capture was also kept secret until some it was leaked out by unknown sources - Govt also hides some important news too.
Refer to Video in Youtube - One Nation Under Lee (Complete Video) to watch the link between Media Control of Lee and try to link up the Income they get aginst other Prime Minister inside the Video. They protect their own interest thus some things are left unknown to us.
Disclaimer:
The above information are what I tried to link up and interpertation of mine after different input from different people, I will not be held responsible for the creditability or trustworthiness of the above information. However, it can be served as a reference.
2) Negative practices of AIG Insurance Agents - If you remember the Investment in the mini-bonds, high-risk investment contracts etc which created a frenzy about the negative, misleading practices of sales agents to get more policies sign. It appeared on the News for a few days if not perhaps a week or so.
The video interview featured in the news got feature a section about the middle-age customers of AIG saying they were mis-led and no proper explaination being told to them clearly etc in one of the Speakers' Corner Park
All the negative practices are exactly the same negative practices in MLM industry, but why is it that MLM also get the lime-light and more negative impressions imprinted onto everyone.. Because Govt gets to collect more tax from those recognized companies thus media control is practiced to reduce the negative impact on it etc but no such control has being done to MLM.
Disclaimer:
The above information again is solely based on my own observations and assumptions plus interpretation without any documentation as proof because it is still in the GREY Areas of Sales Industries to date unknown to many of us. You can disagree with me about the 2 issues above, no problem, it's just a matter of perspectives only thus there's not much we can discuss about it other than to acknowledge it only plus post our own views.
Originally posted by Togogal:There are MLM firms whose primary products are absolutely worthless. They have MLM firms selling birds, air, and other rubbish products in the US. Apparently, their version is, the product isn't important. What's important is the system and how fast you recruit people under you. A product can be totally useless, rubbish, but as long as people see the value in the system, any product is fine. In fact, several large MLM firms have many products overlapping each other, overlapping the general retail market and other commerically available over the counter.
Both Trumph and Kiyosaki did not engaged in MLM business.
I agree fully to the above statement of yours.
But do take into consideration that we're talking about mlm in Singapore.
The same is true for most MLM companies to date even in Singapore as there are a lot of untrained agents.
Thanks to the high-cost of living in Singapore, only the super minority will focus on the education aspect as compared to the majority who focus on Fast-Cash-Generation from MLM thus they fall prey to those negative sales distributors.
Yes, Both of them don't engaged in MLM business but they do advocate it isn't it?
If they can look at it positively and it's something which they find it worth mentioning in their book, why not try to find out more about it instead of avoiding it like majority of the people.
Originally posted by Togogal:Precisely. It is the "SOP" of several MLM firms. A new agent sells to his own family and relatives to a certain preferably "recruit-able" position, then recruits people, and make them sell to their own family.
In this way, it's True Network Marketing, where you don't sell to cold market, but via the goodwill of word-of-mouth. However, this particular "goodwill" only sterms if the product is really unique and beneficial to people. Generally, this is not true. Most MLM products are common between firms or general retail, and/or they are almost worthless. And secondly, there is no goodwill in the first place. New MLM agents are usually aggressively influence (read forced) into selling to their family first, under the guise of "testing the product yourself", "front loading", "going into recruiting mode", etc.
True Network Marketing is when individual sales distributors sell products to customers who purchase on their own will but purchase the products solely based on the family ties. Products often sold via this method are only a 1-time sale only as a kind gesture to support them based on the family ties but not on their own will to purchase the product.
Front Loading, Recruiting Mode are stupid strategies which the company and sales distributors support to have greater chances of generating more sales at the expense of ignorant clients/prospects/customers
Product Testing is good solution but depending on how the upline tell the downline to buy, than it will become a stupid strategy as well.
Originally posted by Togogal:1. Advertising. That's what a lot of MLM introductory videos say. However, whether cash that potentially goes to advertising, goes to R&D instead nobody knows. No one but the owner and maybe the top handful of people in the MLM firm knows. It could be just become more profits for the firm.
2. MLM Company. Do they really get to be the sole agent? Product companies just repackage their product A to become product B and assign another sole agent. This do not benefit the MLM firm at all. In fact the product companies are "playing" the MLM firms. The owner of the MLM firm knows, but to them any product is a good one if it brings in the revenue.
3. MLM Distributors/Agents. Today be it you're an agent of a particular firm, you compete not only with other agents but also against the retail market. Take for example the Vit C, or the whatever water purifier system that many MLM firms and retail stores sell. Firstly, MLM's products are not distinguish-ly good, secondly, they are not significantly cheaper. In fact, most are more expensive. So how is trying to sell a more expensive, "never heard before brand" of Vit C via MLM better than Guardian's Vit C or Nature Farm's Vit C?
4. Customers' point of view. You got it the wrong way. A product does not have any demand without advertising. Advertising creates the demand, before people buys the product, not the other way round. Will anyone buy colgate before they know colgate helps prevent tooth decay? No. People buy colgate because through advertising, they know that colgate helps maintain better teeth.MLM firms can say all they want about the power of word-of-mouth marketing. There are several studies proving this, but there are also studies that are inconclusive.
However let's use some common sense. Virgin Mobile came into SG ard 10 years ago, I'm sure many would recall their official opening with the CEO Richard Branson adsailing down their office building. That advertisment alone informs more people in a short time more than any word-of-mouth marketing can do.
Say today you really discover a new powerful product, say a super vit that ensures the product user will no longer fall sick in their lifetime. This SuperVit is so good that it immunises people against cancer, heart diease, all the stupid flu-s, and SuperVit ensures great skin with eternal youth. Would you go by slower word-of-mouth MLM style, or would you launch your product through all the retail lines via big bang advertising? This is a no-brainer ya.
Advertising Cost of MLM Company - While a lot of companies don't advertise, only 3-5 companies in Singapore does advertise frequently or at least once in a while as I got collect their newspaper advertisments (which is a common platform of advertisment)
MLM Company as the sole agent is true only for those who pay more for the distribution rights in a certain country, if the company wants to secure it for Asia or Global, it will cost even more.
As for the Product A passing on as Product B, this is what we know in the market as Private Label Rights whereby the just take the product, re-brand, re-package and then sell it. So customers need to probe more about the products or at least know more about the differences of different products found in the market.
Competition against MLM companies as well as retailers are indeed super competitive, thus lots of companies just highlight the pros of the products but don't reveal the cons of the product in any sales..
I beg to differ with regards to the advertising of the toothpaste.
I do however know of a company that doesn't advertise yet the product of the particular mlm company from japan-taiwan-singapore now is so successful but only exclusively to parents knowledge with kids in kindergarten and primary school perhaps because of the benefits of increasing the recovery process of the HFMD as quoted from my friend who introduced me to the company and the products in one of the testimonials in the seminar. I will not post or talk more about this company nor the product because I'm not trying to do any advertising nor do I gain any benenfit from the company nor product.
Going for the Big-Bang in advertising only applies to entrepreneurs with super deep pockets..Advertising in Prime Time Slots for a period of 3months cost 7 digits.
So unless the boss is so rich, they can la, else MLM is their alternatives. Look at the ROI as well.
Is there any other questions with regards to the doubts/ underhand tactics practiced by any companies?
If you have any complaints, kindly post here, I see how I can help by explaining now that the questions are all cleared.
Originally posted by the_fallen:Is there any other questions with regards to the doubts/ underhand tactics practiced by any companies?
If you have any complaints, kindly post here, I see how I can help by explaining now that the questions are all cleared.
Originally posted by the_fallen:Is there any other questions with regards to the doubts/ underhand tactics practiced by any companies?
If you have any complaints, kindly post here, I see how I can help by explaining now that the questions are all cleared.
one qns, why does VE agents still use the 'congratulations! You have been shortlisted for and interview.' tactic?
Originally posted by elementalangel:
lmao.. and when u meet a question you could not answer or get exposed for beating around the bush, you just stop answering... and black list that person.. claiming its a business secret..
intially i don't want to reveal another mistake/weakness which you've made, but since you still carry on your "attacking" leaving me with no choice, so I'll just let others know more reasons why I blacklist you.
It's much better than me replying to your nonsense.
Fellow readers you'll be the judge. (",)
Refer to the page 3 of this thread 1st thread reply, and notice that even the user - Togogal also doesn't understand what you're posting (not me alone) means in the top post replies >> Proof no. 1 - your english ar, better learn to improve on it (I'm only C5 so pardon me for my english hor if there's any errors)
Page 3, 3rd & 4th thread reply -
when your knowledge has being rejected and being told to be Not True,
you than simply change your statement as shown in 4th thread reply of
page 3 - All you want to do by replying, and rephrasing your questions
are just simply to re-ask until people give up to agree with your
nonsense else when they give up replying than ignorant people will
think that your knowledge is valuable and can be taught which is
absolutely WRONG!!. >> Proof no. 2 - keep changing his statements again and again
Elementalangel: I already give you face and some leeway to step down quietly liao by not trying to keep on attacking your or review your posts to get attention to my thread, but you just never learn from your mistakes.
Personal Attacks will lead you nowhere. I only return you the favor only when provoked/being flame in the thread postings.
Accussing me without any solid proof nor supporter isn't gonna make me change my mind about replying to your nonsense posts/thread replies. Carry on as you like, I'll still ignore your post and focus on others.
What I consider to be business secret is because I learn it at the expense of my Money, and I'm not that stupid to offer it to you nor anybody without getting any returns from it until I publish my own books, than I'll let you know how to search for it. Flaming my thread will not make me change my mind about you.
Originally posted by huzane89:
one qns, why does VE agents still use the 'congratulations! You have been shortlisted for and interview.' tactic?
If they keep using the same tactic means it's a successful black-tactic which any other scam mlm company considering to lie, cheat and steal from others should copy and follow as well.
Refer to the M1 & Mediacorp advertisment on the 3 chinese guy with 1 caucasian & the pregnant lady commercial with the silly husband trying to teach the baby inside the womb that one. These are advertisments which have found award at least it applies for the M1 advertisment as I'm not sure for the latter commercial.
Same thing applies, if it works, re-use it. But when it comes to advertising, it's better to be creative rather than copying the same concept which is BORING!!
Huzane89: Did you read my rules of posting? - I did mention Not to reveal the company's name/brand whatsoever right? Try to avoid it in future, as I don't want this thread to be a anti a specific-mlm company thread. I want to keep this thread as a healthy discussion.
Frequent readers will understand the language (or at least which company we're talking about) de la, so don't need to write/post the company name out. Thanks-in-advance.
Here's something interesting.
Donald Trump bought a MLM Company - Ideal Health
He also endorses a company - ACN which uses MLM model to do sales
For more information refer to
MLM Watchdog on Donald Trump & ACN Report
Nevermind the success of donwfall of the company but the fact is He Himself Support and is Engaged in MLM personally.
But there's a lot of loop-holes which need to be fixed nonetheless thus I believe my thread will help to a certain degree.
Originally posted by the_fallen:intially i don't want to reveal another mistake/weakness which you've made, but since you still carry on your "attacking" leaving me with no choice, so I'll just let others know more reasons why I blacklist you.
It's much better than me replying to your nonsense.
Fellow readers you'll be the judge. (",)
Refer to the page 3 of this thread 1st thread reply, and notice that even the user - Togogal also doesn't understand what you're posting (not me alone) means in the top post replies >> Proof no. 1 - your english ar, better learn to improve on it (I'm only C5 so pardon me for my english hor if there's any errors)
Page 3, 3rd & 4th thread reply - when your knowledge has being rejected and being told to be Not True, you than simply change your statement as shown in 4th thread reply of page 3 - All you want to do by replying, and rephrasing your questions are just simply to re-ask until people give up to agree with your nonsense else when they give up replying than ignorant people will think that your knowledge is valuable and can be taught which is absolutely WRONG!!. >> Proof no. 2 - keep changing his statements again and again
Elementalangel: I already give you face and some leeway to step down quietly liao by not trying to keep on attacking your or review your posts to get attention to my thread, but you just never learn from your mistakes.
Personal Attacks will lead you nowhere. I only return you the favor only when provoked/being flame in the thread postings.
Accussing me without any solid proof nor supporter isn't gonna make me change my mind about replying to your nonsense posts/thread replies. Carry on as you like, I'll still ignore your post and focus on others.
What I consider to be business secret is because I learn it at the expense of my Money, and I'm not that stupid to offer it to you nor anybody without getting any returns from it until I publish my own books, than I'll let you know how to search for it. Flaming my thread will not make me change my mind about you.
for the 1st part. i do not know what you mean by togogal not understanding my reply due to the standard of my english.
I simle rephrased my words when people do not understand what i say.
Any way i do not know much about how you count and is not going to waste time checking it anyways.
i have 3 replys above this in this page of this topic.
what i have posted are
Originally posted by Togogal:What do you mean no monetary expenses? Do you know they have to pay to get their licenses?
yes they have to pay in order to get their license, however they do not have to pay when they join a company.
(did i change the things which i had said?)
Originally posted by Togogal:Not true. In fact, property/insurance agents who get a basic pay are in the minority.
even if they are the minority. do you see any mlms give basic pay to their sales people? Grant a personal table and chair to all of their employees?
(for this, i respected the person's view and then voiced my views as well)
and this
Originally posted by the_fallen:show
lmao.. and when u meet a question you could not answer or get exposed for beating around the bush, you just stop answering... and black list that person.. claiming its a business secret..
And yes. i admit that i would sometimes rephrase my questions at times. However isn't it better for the public to know more about this instead of the mlmers hiding in their shell such as the_fallen. I seriously dont get why you are so critical about this when you are supposed to help the rest in understanding mlm in thsi tread.
as for your donald thrump part. which boss would actually talk bad about their own company?
Take me to high class fine dining restaurant with chauffeured Rolls Royce then I don't mind.
Response to elementalangel
You don't understand what I mean by Togogal doesn't understand your reply due to the standard of english - if you don't understand it >> your english has only taken a turn for the worse.
Looking at the phrase again you quote from previous page:
"anyway insurance agents and property agents are an example of network marketting however with a license required and no expense in terms of money."
Togogal Reply to your quote above with is from previous pages:
"What do you mean no monetary expenses? Do you know they have to pay to get their licenses?"
your reply: "yes they have to pay in order to get their license, however they do not have to pay when they join a company. "
While trying to read again, I still cannot make any sense out of the above.
You already agree that Insurance & Property agents are Licensed Sales Agent but what about the text highlighted in RED?
The only understanding which I know after infer and deduce based on my own understanding (also some corrections since it's being bring up again) from both your quote and replies from both yours and Togogal's one is as follows:
Corrections:
Licensed Sales Agents DO NOT PAY THE COMPANY BUT they pay the company for the Examination which is set by the company and MAS[Financial Related] and other CASE with regards to the examination questions like sales etc.
Same like we pay Primary & Secondary Schools for PSLE & 'O' Level Examination Fees.
They do not pay to get their licenses = direct understanding from this sentence is the same as they buy the license to sell insurance and property without any exams (which serves as filtering system to outcast negative sales agents) required as it's not being mentioned.
The other thing about not paying the company upon joining is because they sell products which are from the company which I think you mean membership fee BUT do you know that They ARE REQUIRED TO HIT A MONTHLY QUOTA/ Sales Target to remain in the company.
This Sales Target/Monthly Quota is the hidden monthly membership fees to the licensed companies because based on the calculations, the companies can get some ROI back to OFFSET the membership fee which you mean above.
This is REAL BUSINESS STRATEGY FYI and how businesses maintain their sales volume - I'm wondering if you really know how to keep your business from going into the red colour zone (negative profits) when you even don't understand such stuffs. Are you the business owner or I'm the one sharing with you how to identify a business offsetting fees method?
"even if they are the minority. do you see any mlms give basic pay to their sales people? Grant a personal table and chair to all of their employees?"
the above quote is what you mention and your they which is in orange colour refers to property and insurance agents as shown above. BUT WHY do you suddenly ask about MLM giving basic? Didn't you already agree Insurance & Property Agents are licensed Sales agents of network marketing so why still ask the same questions but this time asking mlm agents? - Does this even make any sense? >> Dotz. . .
What do you mean by those Underlined Sentence by the way??? I just don't understand the link with the sentence above. Is that a separate topic or are you quoting an example? No Clear indications which tells me anything leh..
As for me hiding business secrets >> Please la, you don't even understand the Basics of Business Sales & Marketing Tactics Used and how they are being Compenstated Yet you are asking me to reply you ADVANCE QUESTIONS WHICH YOU ASKED!!
I'm not trying to GET you KILL CONFUSED MORE. Example: I am learning to Drive A CAR with Zero Knowledge. Than 1 day I stupidly go BUY a FERRARI without any license. My result will only be 2 - Result 1 - I dunno how to start even the car engine = waste my money or Result 2 - I step on the accelator to hard without changing the clutch than always stay at first gear which is max 100km/h (correct me if i'm wrong) than don't know how to brake, bang myself the car in a accident and get injured (touchwood) is this plain stupidity?
If you want to want to go through the convince, confuse and con method used by MLM Agents, kindly go elsewhere, I will not use this 3 fundemental skills which are even used by business owners in their sales pitch and presentations FYI:
Until you and majority of the market (readers here understand REAL MLM & BUSINESS knowledge, Advanced Information and Knowledge will be kept as Business Secret. I'm helping you to learn by sharing what I deem suitable for you to slowly learn the basics first. Learn to be patient and slowly improve. No Point Rushing and Bang against the wall like I did in MLM Business years back which caused me to LOSE MY FRIENDS IN MLM - Costly Mistake which I learnt the HARD WAY!!
If you think I'm don't know what I'm talking about, look around those MLM Threads, How many Tips have I posted to date, and for those threads which I've posted, did they continue to get worse with lots of confustion or did the discussion stopped? The answer is the latter because I believe I have cleared their doubts with clear precise examples which they can related to themselves.
Why no one to date can flame and even win me - is because I know what I'm doing VS those new mlm agents who try to act like they know everything using new registered usernames to show-off their new knowledge etc.. Look around la..Wisen up a bit leh..Remove your typical Tradittional Business Owner Mental Block and learn to share what you know in a useful way can anot?
As for my Donald Trump portion: I only metion it to tell Togogal that Donald Trump himself is engaged in MLM Business since I previously thought he isn't - End of story. Why do you ask or write about the bosses talking bad of their own company.
After a few times of reading, i think you are trying to comment about me saying about the loop-holes but didn't i write "nonetheless" which means however shows the statement is not important. So why are you concentrating on Non-important details?
Look at this reply of mine - I'm correcting and rephrasing it to let you understand about english rather than knowledge with the exception of my free Business Information again.
Kindly please improve yourself first before posting in my thread, I blacklist you because you are contributing only Nonsense which is about me correcting your english rather than you like many others asking mlm related questions. I don't want to entertain your nonsense/ your self-proclaimed B3 english so I blacklisted you due to your contributions which isn't of any usefulness to help other readers to improve their understanding of MLM. Instead of helping, you are only messing up..thus I blacklist you!!
BTW: this reply is 2.5pages long as in Microsoft Word Document all thanks to your "excellent use of english and superior business knowledge"
Originally posted by redstone:Take me to high class fine dining restaurant with chauffeured Rolls Royce then I don't mind.
hey bro,
your statement got any link to the topics being discussed in any of the postings in this thread which talks about mlm or business?
I was lost for words when I saw it..
but nevertheless, thank you for dropping by this thread.
(",)
Originally posted by the_fallen:Response to elementalangel
You don't understand what I mean by Togogal doesn't understand your reply due to the standard of english - if you don't understand it >> your english has only taken a turn for the worse.
Looking at the phrase again you quote from previous page:
"anyway insurance agents and property agents are an example of network marketting however with a license required and no expense in terms of money."
Togogal Reply to your quote above with is from previous pages:
"What do you mean no monetary expenses? Do you know they have to pay to get their licenses?"
your reply: "yes they have to pay in order to get their license, however they do not have to pay when they join a company. "
While trying to read again, I still cannot make any sense out of the above.
You already agree that Insurance & Property agents are Licensed Sales Agent but what about the text highlighted in RED?
The only understanding which I know after infer and deduce based on my own understanding (also some corrections since it's being bring up again) from both your quote and replies from both yours and Togogal's one is as follows:
Corrections:
Licensed Sales Agents DO NOT PAY THE COMPANY BUT they pay the company for the Examination which is set by the company and MAS[Financial Related] and other CASE with regards to the examination questions like sales etc.
Same like we pay Primary & Secondary Schools for PSLE & 'O' Level Examination Fees.
They do not pay to get their licenses = direct understanding from this sentence is the same as they buy the license to sell insurance and property without any exams (which serves as filtering system to outcast negative sales agents) required as it's not being mentioned.
The other thing about not paying the company upon joining is because they sell products which are from the company which I think you mean membership fee BUT do you know that They ARE REQUIRED TO HIT A MONTHLY QUOTA/ Sales Target to remain in the company.
This Sales Target/Monthly Quota is the hidden monthly membership fees to the licensed companies because based on the calculations, the companies can get some ROI back to OFFSET the membership fee which you mean above.
This is REAL BUSINESS STRATEGY FYI and how businesses maintain their sales volume - I'm wondering if you really know how to keep your business from going into the red colour zone (negative profits) when you even don't understand such stuffs. Are you the business owner or I'm the one sharing with you how to identify a business offsetting fees method?
"even if they are the minority. do you see any mlms give basic pay to their sales people? Grant a personal table and chair to all of their employees?"
the above quote is what you mention and your they which is in orange colour refers to property and insurance agents as shown above. BUT WHY do you suddenly ask about MLM giving basic? Didn't you already agree Insurance & Property Agents are licensed Sales agents of network marketing so why still ask the same questions but this time asking mlm agents? - Does this even make any sense? >> Dotz. . .
What do you mean by those Underlined Sentence by the way??? I just don't understand the link with the sentence above. Is that a separate topic or are you quoting an example? No Clear indications which tells me anything leh..
As for me hiding business secrets >> Please la, you don't even understand the Basics of Business Sales & Marketing Tactics Used and how they are being Compenstated Yet you are asking me to reply you ADVANCE QUESTIONS WHICH YOU ASKED!!
I'm not trying to GET you KILL CONFUSED MORE. Example: I am learning to Drive A CAR with Zero Knowledge. Than 1 day I stupidly go BUY a FERRARI without any license. My result will only be 2 - Result 1 - I dunno how to start even the car engine = waste my money or Result 2 - I step on the accelator to hard without changing the clutch than always stay at first gear which is max 100km/h (correct me if i'm wrong) than don't know how to brake, bang myself the car in a accident and get injured (touchwood) is this plain stupidity?
If you want to want to go through the convince, confuse and con method used by MLM Agents, kindly go elsewhere, I will not use this 3 fundemental skills which are even used by business owners in their sales pitch and presentations FYI:
Until you and majority of the market (readers here understand REAL MLM & BUSINESS knowledge, Advanced Information and Knowledge will be kept as Business Secret. I'm helping you to learn by sharing what I deem suitable for you to slowly learn the basics first. Learn to be patient and slowly improve. No Point Rushing and Bang against the wall like I did in MLM Business years back which caused me to LOSE MY FRIENDS IN MLM - Costly Mistake which I learnt the HARD WAY!!
If you think I'm don't know what I'm talking about, look around those MLM Threads, How many Tips have I posted to date, and for those threads which I've posted, did they continue to get worse with lots of confustion or did the discussion stopped? The answer is the latter because I believe I have cleared their doubts with clear precise examples which they can related to themselves.
Why no one to date can flame and even win me - is because I know what I'm doing VS those new mlm agents who try to act like they know everything using new registered usernames to show-off their new knowledge etc.. Look around la..Wisen up a bit leh..Remove your typical Tradittional Business Owner Mental Block and learn to share what you know in a useful way can anot?
As for my Donald Trump portion: I only metion it to tell Togogal that Donald Trump himself is engaged in MLM Business since I previously thought he isn't - End of story. Why do you ask or write about the bosses talking bad of their own company.
After a few times of reading, i think you are trying to comment about me saying about the loop-holes but didn't i write "nonetheless" which means however shows the statement is not important. So why are you concentrating on Non-important details?
Look at this reply of mine - I'm correcting and rephrasing it to let you understand about english rather than knowledge with the exception of my free Business Information again.
Kindly please improve yourself first before posting in my thread, I blacklist you because you are contributing only Nonsense which is about me correcting your english rather than you like many others asking mlm related questions. I don't want to entertain your nonsense/ your self-proclaimed B3 english so I blacklisted you due to your contributions which isn't of any usefulness to help other readers to improve their understanding of MLM. Instead of helping, you are only messing up..thus I blacklist you!!
BTW: this reply is 2.5pages long as in Microsoft Word Document all thanks to your "excellent use of english and superior business knowledge"
Yes, of course all sales and marketting job give a monthly quota. And by the way, companies which give a monthly quota to their employees are companies which give basic pay.
for the green part. I am seperating them from their counter parts who do sell neither insurance policies nor houses.
Thank you and i appreciate your time for correcting my language.
And yes. Can you please clear the doubts of every single person here about the competition in mlms vs traditional businesses?
Originally posted by elementalangel:Yes, of course all sales and marketting job give a monthly quota. And by the way, companies which give a monthly quota to their employees are companies which give basic pay.
for the green part. I am seperating them from their counter parts who do sell neither insurance policies nor houses.
Thank you and i appreciate your time for correcting my language.
And yes. Can you please clear the doubts of every single person here about the competition in mlms vs traditional businesses?
you're welcome :)
if you really want to know aobut hidden truth about mlm companies offering basic income >> i can say that all mlm companies selling consumable products like health supplements are able to get a basic income over some time spent on building the business. same idea applies here again. I'll use insurance/financial agents as an example:
insurance/financial agents they themselves start from ZERO. over time of learning and practice, their skills improves, thus along with their sales volume, when the sales agents regardless of whatever nature of business (be it mlm, insurance, financial planner) they will slowly accumulate their basic income over time ON CONDITION they have a pool of loyal customers who make purchases of products on a monthly basis, with a steady flow of sales, than the commission based income thus slowly stablized which slowly give customers and other interested parties in joining the company the idea that it's possible to get basic income.
But the truth is - we as sales agents are getting monthly stablized sales volume which then in turn contribute back to our effort as a minimal income based on our previous hardwork. Over time when customers are happy with you, they refer more, you earn more, both sides are also happy.
Don't be confused with basic income in sales job = there's no such thing as basic income but rather passive income [which mask itself to others as basic income] once your network of customers are stable enough to be buying on their own will. That is why many people and businesses are finding it a hidden gem to use this model, but not many understand the pros and cons of this business inside out.
I can't say I'm a pro in mlm knowledge but at least i understand how it works generally and the ideas which are passed on from generations of sales distributors. There's only 2 person whom I got to know from Sgforums who knows maybe the same if not more than me, but lets face it people are selfish and for every single move, they have some reasons behind it. I'm building a business, not a part-time job like majority of the others who join mlm just for try try..
MLM VS Traditional Business
MLM = a weak Franchise Business = 100% Copy Downwards Business to copy the success model = skill sets and knowledge are passed down, but no guarantee in the interpretation of individual understanding nor are the sales agents binded by law to observe and follow certain rules which is why there's 95-98% of negative untrained sales distributors.
However, if the exact skill sets are being passed to a person who's really keen in learning the system, they can grow their knowledge and experience over time should they don't look at profits as the main focus point than the end result will be similar to me if not better - solid un-shakable foundation of basic to advance knowledge of business
Only when you successfully found a willing, humble business partner (sales distributor - i will not say downline because I have plans to do business with them in future) so you can ride on their willingness to learn and depending on how much they absorb la. If they are successful like you and able to operate on their effort to help you spread your business operations - but there's a catch - it's like finding a needle in a ocean. [which is why property/financial/insurance top directors main focus is on recruiting at the top ladder rather than starters who are doing sales earning the Over-riding commission]
Once you're successful in looking for a couple of like-minded partners - depending on how the compensation plan is, you will be able to completely free yourself from the business and yet get the business running with a solid duplicated partner running the business for you. all you need to do is just to pay a least minimal product to be allowed to get the overiding commission which results in Financial Freedom in MLM.
Traditional Business = Selfish Business = No discussion Business = Boss talk, Employee listen and follow = No Rooms for Discussion = Little room for business improvement = Employees hide their true skills inside them just wanting to get the monthly salary so they do the minimal.
When you happen to get a real talented Employee below you, if they are too smart = will some-day convert and switch from Employee to your Business Competitor who knows exactly your Pros & Cons beating you hands down = Knock-out session like in boxing [which is why food industries will not share secret food recipies to avoid competition]
Only in major businesses, with an open concept and willingliness to help employees become their business partners than will they have joint business which results in more shared profits among business partners.
However if you have a secret but have captial to turn it to a franchise, it's still positive to be selfish but able to at least be a millionaire, but not a billionaire in future.
Disclaimer: Knowing the above comparison does not mean that anyone of you readers are ready to join mlm company yet because you will still fall for their 3Cs - [Convince, Confused & Con] approach and hard-selling tactics. So best is to get proper guidance from someone whom you can trust.
In a Nut-Shell Traditional Business = Selfishness = Less Money Earned [Applies Across All Businesses]
Side-track a bit: If there's anyone who appreciate what I'm offering in terms of free knowledge (think about the value that I can provide with my classified business secrets), feel free to approach me to see if we can work together in joint ventures.
Cheers (",)
Anyone who has any other questions with regards to mlm?
I'll see how I can help you guys out by clearing any doubts to the best of my knowledge (as long as it's sitll categorize under my free content*)
I suppose a lot has got to do with how to counter negative sales distributors right or maybe perhaps how to identify hard-core sales agents.
If anyone got any queries feel free to ask. I'll reply* accordingly.