New MLM company-M.I.T
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They did, "they are messengers."
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hmm... interesting! Messenger from where? God? Mars? or future?Originally posted by NoPoint:They did, "they are messengers."
First time I heard of this!
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Yeah, I am messenger from God, to be more accurate God of Fortune muahahahahaha, come here to give you riches....Originally posted by stormax:hmm... interesting! Messenger from where? God? Mars? or future?
First time I heard of this!
*sprinkle gold dust every where*
Anyway, just my two cents, dont like people who are very philosophical when comes to business presentations, more impressed with those who gave me the hard fatcs. -
Originally posted by the brain:
I do not advertise for any MLM company even the one I am doing now. Because this MLM company I am doing has a very good reputation and I do not want to violate any rules set. If you are interested to know more you can contact me on my mobile 98581392.
[b]Hope the above points can help. I anyone want to really be successful in MLM business I can show them how to go about it.
There is no easy get rich schemes out there only genuine honest and hardwork.
Thanks.
Hi richyep, I am interested in hearing wat u have to say. How would u approach MLM business? [/b][/b]
I can just share some of my experiencce since I have been in this MLM business. First of all, all business not only MLM has a way of making money that is what we call marketing plan.
This plan has to be fair and not used to cheat people for money.
Next is since my MLM is a legitimate company we need to have sales volume inorder to earn income. Thus no forcing customer or distributor to buy just a normal monthly expenditure of products that we use.
It is quite detail and a lot more to share call me if you are interested and remember you have your right to decide. No pestering, my aim is to share a good business opportunity only.
Thanks.
Bye.
Richard -
Not badOriginally posted by laurence82:Yeah, I am messenger from God, to be more accurate God of Fortune muahahahahaha, come here to give you riches....
*sprinkle gold dust every where*
Anyway, just my two cents, dont like people who are very philosophical when comes to business presentations, more impressed with those who gave me the hard fatcs.
is after CNY and it's good to have God of fortune around! Especially this economy crisis when retrenchment and pay cut is common!
No matter what type of business presentation, it's their style and I believed that make them unique. Don't you think so?
They attract different groups of people, interest and mindset too. -
Depends. Whether or not the company has some quota to meet ie maintenance or using the accumulation method, or a variation of the two methods actually doesnt affect me.Well considering all other factors to be the same, i am more concerned if the the company practice either or both in an unreasonable way.Originally posted by richyeap:I do not advertise for any MLM company even the one I am doing now. Because this MLM company I am doing has a very good reputation and I do not want to violate any rules set. If you are interested to know more you can contact me on my mobile 98581392.
I can just share some of my experiencce since I have been in this MLM business. First of all, all business not only MLM has a way of making money that is what we call marketing plan.
This plan has to be fair and not used to cheat people for money.
Next is since my MLM is a legitimate company we need to have sales volume inorder to earn income. Thus no forcing customer or distributor to buy just a normal monthly expenditure of products that we use.
It is quite detail and a lot more to share call me if you are interested and remember you have your right to decide. No pestering, my aim is to share a good business opportunity only.
Thanks.
Bye.
Richard
Period maintenance - Main complaints is high maintenance quota, plus also low payouts. I have seen some companies which practise forcing people to maintan high sales quota to be qualified for certain bonuses or commisisons. These can last from one to two to three months depending, and worse people have to do that, or total personal sales or group sales is demoted to zero if the quota is not reached, i.e one have to restart the selling. Even worse still, one particular company I seen do this to its new distributors, who have no experience in this altogether.
Better companies practise monthly maintenance, but low ones. Some would lower the quota as the distributors gets promoted higher and higher. Why? One of the pitfalls of increasing maintenance quota (i heard this from ex pioneers of some companies) is that because as they progress, not only they have to keep up with the personal sales quota i.e selling, they also have to maintain group sales, ie devoting time to train downlines as well as helping them to maintain their sales. Since they have to spend so much time on either side, either way, their commissions might suffer. So its no wonder for them to get increasing income at the start and later suffer.
Accumulation Method - Seems all right, but if company is 'all right' too. One factor I am afraid is the developing slack attitude. There should be also some form of pressure on the distributors like monthly maintenance, otherwise we can see varying degrees of success within the company. Provided the company does not have high accumulation quota, like one of the the companies mentioned in this forum. I am afraid of company using accumulation method and high payout, unless al other factors are equally good too.
I seen some which actually practise both, accumulation for new distributors as they have no experience and no strong customer base ,and maintenance for experienced distributors as they already well have experience so as to speak.
All in all, whatever method, its still depend on the company structure. -
All that you have mentions above I can say one thing the companies of these types are more concern of they making quick money out of new distributors. Whichever method also no good for slow distributors.Originally posted by laurence82:Depends. Whether or not the company has some quota to meet ie maintenance or using the accumulation method, or a variation of the two methods actually doesnt affect me.Well considering all other factors to be the same, i am more concerned if the the company practice either or both in an unreasonable way.
Period maintenance - Main complaints is high maintenance quota, plus also low payouts. I have seen some companies which practise forcing people to maintan high sales quota to be qualified for certain bonuses or commisisons. These can last from one to two to three months depending, and worse people have to do that, or total personal sales or group sales is demoted to zero if the quota is not reached, i.e one have to restart the selling. Even worse still, one particular company I seen do this to its new distributors, who have no experience in this altogether.
Better companies practise monthly maintenance, but low ones. Some would lower the quota as the distributors gets promoted higher and higher. Why? One of the pitfalls of increasing maintenance quota (i heard this from ex pioneers of some companies) is that because as they progress, not only they have to keep up with the personal sales quota i.e selling, they also have to maintain group sales, ie devoting time to train downlines as well as helping them to maintain their sales. Since they have to spend so much time on either side, either way, their commissions might suffer. So its no wonder for them to get increasing income at the start and later suffer.
Accumulation Method - Seems all right, but if company is 'all right' too. One factor I am afraid is the developing slack attitude. There should be also some form of pressure on the distributors like monthly maintenance, otherwise we can see varying degrees of success within the company. Provided the company does not have high accumulation quota, like one of the the companies mentioned in this forum. I am afraid of company using accumulation method and high payout, unless al other factors are equally good too.
I seen some which actually practise both, accumulation for new distributors as they have no experience and no strong customer base ,and maintenance for experienced distributors as they already well have experience so as to speak.
All in all, whatever method, its still depend on the company structure.
Accumulation method is even worse, which company has the vast amount of money to pay the distributors when points can be accumulated. It does not make sense cause the products sold once has its own cost. If point accumulation is allow then it company will eventually close. This type of company is of short term venture only. -
I agreed with laurence82 . He has pointed out in a fair view.Originally posted by richyeap:All that you have mentions above I can say one thing the companies of these types are more concern of they making quick money out of new distributors. Whichever method also no good for slow distributors.
Accumulation method is even worse, which company has the vast amount of money to pay the distributors when points can be accumulated. It does not make sense cause the products sold once has its own cost. If point accumulation is allow then it company will eventually close. This type of company is of short term venture only.
So what's your better view? and what type of method do your company proposed ? Since you have stated above that the 2 methods are making quick money out of new distributors and no good for slow distributors, and also short term venture. Do you have any better methods? -
Where is everybody?
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Havent been to NTI for a week plus already.. Anybody has any updates on it? By the way, heard that there is an investigation on NTI.. Anybody knows how it is going on??
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For those ppl who wanna noe which co. r doing scams or 'unethical' in ur sense, pls kindly visit http://www.dsas.org.sg to quell ur fears...u can safely join those co. listed there coz simply it's the legal association set up by the 'gah-men' to regulate the direct sales and network mkting co. in s'pore so case settled...Au Revoir
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Thanks!Originally posted by andromedeus:For those ppl who wanna noe which co. r doing scams or 'unethical' in ur sense, pls kindly visit http://www.dsas.org.sg to quell ur fears...u can safely join those co. listed there coz simply it's the legal association set up by the 'gah-men' to regulate the direct sales and network mkting co. in s'pore so case settled...Au Revoir 
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Firstly, the plan must be fair. That is every individual distributors deserved their effort of contributing the sales volumes. Thus the sales bonus should be paid out to the lowest distributors in the network and those on top will only get after all their distributors got their sales commission.Originally posted by stormax:I agreed with laurence82 . He has pointed out in a fair view.
So what's your better view? and what type of method do your company proposed ? Since you have stated above that the 2 methods are making quick money out of new distributors and no good for slow distributors, and also short term venture. Do you have any better methods?
As for those that is on top will only get very little commssion because they have to share the commsion to all his distributors first.
That is why as top distributors, they have titles such as ruby, diamond, etc. The company will pay then titiles bonus and this money comes from the company and not from the lower title distributors.
Too much details involved, thus I cut short this conversation.
Cheers. -
I find it strange.... there are so many companies in singapore. why so small amount are stated. & if I can " safely join those listed"... then why is Astral Mag a company where it's not advisable to join there? & then why is companies well known over the world not stated? E.g. Herbalife? Neway? Tianci? Newlife? Everyhome? Unicity? Cosway?Originally posted by andromedeus:For those ppl who wanna noe which co. r doing scams or 'unethical' in ur sense, pls kindly visit http://www.dsas.org.sg to quell ur fears...u can safely join those co. listed there coz simply it's the legal association set up by the 'gah-men' to regulate the direct sales and network mkting co. in s'pore so case settled...Au Revoir
Direct selling = Network marketing, while Network Marketing is not = Direct Selling. So how can you be sure by just basing on this URL?
So do you mean the rest are doing scams or 'unethical'? That's a baised remark to any companies out there. In addition, if pyramid is illegal, then why are there companies that work in pyramid ways? Isn't it thru loop holes and acting legally? -
I think he meant DSAS websites got guidelines on identifying scams and pyramids.Originally posted by stormax:I find it strange.... there are so many companies in singapore. why so small amount are stated. & if I can " safely join those listed"... then why is Astral Mag a company where it's not advisable to join there? & then why is companies well known over the world not stated? E.g. Herbalife? Neway? Tianci? Newlife? Everyhome? Unicity? Cosway?
Direct selling = Network marketing, while Network Marketing is not = Direct Selling. So how can you be sure by just basing on this URL?
So do you mean the rest are doing scams or 'unethical'? That's a baised remark to any companies out there. In addition, if pyramid is illegal, then why are there companies that work in pyramid ways? Isn't it thru loop holes and acting legally?
Btw, I wouldnt recommend DSAS as sole source of information. I did recommend DSAM and US DSA, before plus those sites or examples I put up on "Useful Websites and Stuff' in Kopitiam.
And true, what stormax said. I saw many legal companies running outside of DSAS. The worse things is, a lot of those good ones dont join DSAS, while crap like AMH joined.
Secondly, stormax, do read richyeap reply, and hope to hear your comment. -
novice comments. just wana state one thing... amway payout is one of the lowest in town!Originally posted by richyeap:Firstly, the plan must be fair. That is every individual distributors deserved their effort of contributing the sales volumes. Thus the sales bonus should be paid out to the lowest distributors in the network and those on top will only get after all their distributors got their sales commission.
As for those that is on top will only get very little commssion because they have to share the commsion to all his distributors first.
That is why as top distributors, they have titles such as ruby, diamond, etc. The company will pay then titiles bonus and this money comes from the company and not from the lower title distributors.
Too much details involved, thus I cut short this conversation.
Cheers. -
'Logically' it seems to work well..... but Very surface facts that don't really stand strong to prove that it's a good company with good or fair plan.Originally posted by richyeap:Firstly, the plan must be fair. That is every individual distributors deserved their effort of contributing the sales volumes. Thus the sales bonus should be paid out to the lowest distributors in the network and those on top will only get after all their distributors got their sales commission.
As for those that is on top will only get very little commssion because they have to share the commsion to all his distributors first.
That is why as top distributors, they have titles such as ruby, diamond, etc. The company will pay then titiles bonus and this money comes from the company and not from the lower title distributors.
Too much details involved, thus I cut short this conversation.
Cheers.
I don't understand "Thus the sales bonus should be paid out to the lowest distributors in the network and those on top will only get after all their distributors got their sales commission." So what happened to those on top who also made an effort? If you are the top, what will become of you? If the focus is in the lowest distributors then do you mean that you are buidling a very big group of lowest distributors to sell for you?
"As for those that is on top will only get very little commssion because they have to share the commsion to all his distributors first. "...... is this leveraging or is this a distorted fact claiming to be fair? Imagine you being the top where you have spent so much effort building your network and team, then you only get very little commission. Is that the financial freedom from here? Is it the more you do, the lesser you have?
I also don't understand " this money comes from the company and not from the lower title distributors." if the bonus is not generated from sales of the team and how can the company stay alive and give you the bonus?
From a business or corporate point of view, if you are boss of a wholesale co., do you share your profit equally with your distributors/ sales team? if you are manager of a wholesale co., do you share your commission with the team equally? So if the director is not doing his part on sales volumes, does that mean that he's earning so much little despite the fact that he has more responsibilities, spent more effort and time, using his position into better decisions n works? Then how long more do you think he can have an income more than a salary?
Please clarify. -
Originally posted by stormax:
'Logically' it seems to work well..... but Very surface facts that don't really stand strong to prove that it's a good company with good or fair plan.
I don't understand "Thus the sales bonus should be paid out to the lowest distributors in the network and those on top will only get after all their distributors got their sales commission." So what happened to those on top who also made an effort? If you are the top, what will become of you? If the focus is in the lowest distributors then do you mean that you are buidling a very big group of lowest distributors to sell for you?
"As for those that is on top will only get [b]very little commssion because they have to share the commsion to all his distributors first. "...... is this leveraging or is this a distorted fact claiming to be fair? Imagine you being the top where you have spent so much effort building your network and team, then you only get very little commission. Is that the financial freedom from here? Is it the more you do, the lesser you have?
I also don't understand " this money comes from the company and not from the lower title distributors." if the bonus is not generated from sales of the team and how can the company stay alive and give you the bonus?
From a business or corporate point of view, if you are boss of a wholesale co., do you share your profit equally with your distributors/ sales team? if you are manager of a wholesale co., do you share your commission with the team equally? So if the director is not doing his part on sales volumes, does that mean that he's earning so much little despite the fact that he has more responsibilities, spent more effort and time, using his position into better decisions n works? Then how long more do you think he can have an income more than a salary?
Amway have many type of bonus to payout. First the profit from makeup products of 25%, next all distributors get their income from performance bonus. which is 3,6,9,12,15,18,21%
Perfomance bonus base on your own sales volume and also can take your group sales volume to give you a higher bonus percentage. But when one of your group make it to 21% which is the maximum payout. The one on top of him will not be able to make any % difference which I meant pay the below distributors first which is fair to them cost they put in the effort. As for the top he help to train the lower distributors the leader will get leadership bonus of 4% base on the group sales volume which is gurantee amount of not less than $850.00
There is also depth bonus of 1% from this group.
If you have 4 groups you be earning $3,400.00 per month.
All company selling their products will markup the price to make profit, Amway give us an opportunity to make a business for ourself.
When people say the payout is low because you just started from the bottom and if you put in the effort you will be earning these money. Don't expect to make quick easy money, those company is only trying to attract you to join.
I believe in slow and stable income forever. Amway also payout year end bonus to leaders only which can get a maximum of approx. $40,000.
You call that low payout? When you acheive it you will get it. If any Tom, Dick or Harry just join and never put in the effort and responsibilities and expect to make these money than the company will definitely close.
Amway Co. in law abidding, whereas many MLM already started operating even before 2002 which is when Singapore Govt. approved the law for MLM to operate.
Amway only start in SIN in 2002, where they have already in M'sia for 28years. You tell me you want to follow a company who stick to Govt. law or do you want a company to start recruiting our Singaporeans before the law amendments.
Who has more responsibilities and are serious to commit to stay in Singapore?
All MLM start early all with low profile to make quick profits first if they are kick out from SIN no problem just go to another country.
Another point to take, if an MLM company expect you to buy every month these are not a good company cos if you cannot sell all the products in the first mth how can they expect us to buy on the second mth? If they penalise on your non performance by not giving you the commission than these company is not genunine to help you build your business.
Cheers.
Please clarify.
[/b] -
i cant stand this any longer~!!
hahahhahahahahahahahahaha~!!!!!!!!!!
please.. someone please tell him whats wrong.. -
*knocks Alex Wong on the head with a large frying pan*Originally posted by Alex Wong:i cant stand this any longer~!!
hahahhahahahahahahahahaha~!!!!!!!!!!
please.. someone please tell him whats wrong.. -
As I have stated, all are very superficial facts n theory. Prepare a biz proposal then. We shall meet face to face! Anyone also interested to join?Originally posted by richyeap:Amway have many type of bonus to payout. First the profit from makeup products of 25%, next all distributors get their income from performance bonus. which is 3,6,9,12,15,18,21%
Perfomance bonus base on your own sales volume and also can take your group sales volume to give you a higher bonus percentage. But when one of your group make it to 21% which is the maximum payout. The one on top of him will not be able to make any % difference which I meant pay the below distributors first which is fair to them cost they put in the effort. As for the top he help to train the lower distributors the leader will get leadership bonus of 4% base on the group sales volume which is gurantee amount of not less than $850.00
There is also depth bonus of 1% from this group.
If you have 4 groups you be earning $3,400.00 per month.
All company selling their products will markup the price to make profit, Amway give us an opportunity to make a business for ourself.
When people say the payout is low because you just started from the bottom and if you put in the effort you will be earning these money. Don't expect to make quick easy money, those company is only trying to attract you to join.
I believe in slow and stable income forever. Amway also payout year end bonus to leaders only which can get a maximum of approx. $40,000.
You call that low payout? When you acheive it you will get it. If any Tom, Dick or Harry just join and never put in the effort and responsibilities and expect to make these money than the company will definitely close.
Amway Co. in law abidding, whereas many MLM already started operating even before 2002 which is when Singapore Govt. approved the law for MLM to operate.
Amway only start in SIN in 2002, where they have already in M'sia for 28years. You tell me you want to follow a company who stick to Govt. law or do you want a company to start recruiting our Singaporeans before the law amendments.
Who has more responsibilities and are serious to commit to stay in Singapore?
All MLM start early all with low profile to make quick profits first if they are kick out from SIN no problem just go to another country.
Another point to take, if an MLM company expect you to buy every month these are not a good company cos if you cannot sell all the products in the first mth how can they expect us to buy on the second mth? If they penalise on your non performance by not giving you the commission than these company is not genunine to help you build your business.
Cheers.
First of all, there are no free money without work, yet why shall I join you with what is written? How long do you think "slow and stable income forever" is long enough to see result?
Getting a maximum of approx. $40,000 to you might seems alot, yet to me is not much.
MLM started legally in 2000, so why did you state that it's 2002?
That also means that Amway is late for 2 years to step into S'pore.
In addition, right back to 1990, many Singaporean had joined Amway and had been traveling in and out of JB to build this business locally. So how do you comment on this?
What about in China then? Till now, China still banned MLM and Amway is there for more than 10 years. If you are stating that is legal bidding, then why did Amway step into China no matter is it retailing or MLM method?
By the way, S;pore is a very small market, how long do you think this market will saturate? When it's well know, where do you think the company will move on? Or will you only be doing locally?
"All MLM start early all with low profile to make quick profits first if they are kick out from SIN no problem just go to another country. " What do you mean by high profile? How is the scale of High profile? All MLM will include Amway, so how many have you heard being kicked out of Singapore?
"Another point to take, if an MLM company expect you to buy every month these are not a good company cos if you cannot sell all the products in the first mth how can they expect us to buy on the second mth? If they penalise on your non performance by not giving you the commission than these company is not genunine to help you build your business. " If you are pin-pointing to this and termed a company as no good, then it's very shallow. Buying every month might means that the products are in great demand. Why shall they be penalise on your non performance? Will they ask you to pay them an amount when you have no performances or your status will drop? So if I buy a detergent, will I be getting commission on this only or including some commissions from your whole team?
If you keep thinking of selling, where do you think you can find loyal consumers? and where are you heading? -
I do not want to waste time with people who is ignorant.Originally posted by Alex Wong:i cant stand this any longer~!!
hahahhahahahahahahahahaha~!!!!!!!!!!
please.. someone please tell him whats wrong..
Bye.. will not give any more comment and also will not share any more info cos not worth the effort. -
Whoa, me bit dizzy from reading all this.
Firstly, this is ntiparis thread, please move all discussion on Amway to the relevant thread. Thanks.
To richyeap, I cant comment on the marketing plan personally coz like you said, you cannot communicate out much on net, its very limited.
However, I disagree on this maximum payout and non monthly maintenance.
Why, if a MLM leader is able to grow his business, he is limited? What if I move beyond four groups? Why should the company say no if I aim for sales which will get get me commissions of more than $40,000 in year end bonus? What I meant of course is percentage of sales, not fixed $40,000 or whatever amount.
On the surface, the company might try to present itself as ethical and low-level-distributors-centric, however, earning big bucks is the ultimate aim. Its true one earns when downlines earns, but it is ridiculous when downlines get more relatively than uplines for same amount of effort. So, the performance bonus should be given at same time, rather than lower level first, the higher level.
I feel downlines should be eligible to earn more if a) they have higher sales b) build larger network than uplines. Not just merely accord them more rewards relatively.
But of course I must qualify that I gotta look at the marketing plan before making more comments.
On monthly maintenance, its also sounds ethical to say no monthly requirement. Btw, still need your clarification, on what kind of maintenance method does Amway based on? From your points, its accumulation method?
Its very important to have targets. Monthly quota is meant to pressure distributors. Why not? Like I said about accummulation method, distributors might slack..in name of ethics?. Company will not be performing, and how does one get sales commission or a precentage of year bonus?
So one doesnt meet the monthly quota, assumming its reasonable. Some companies practise giving the distributors profit right at the start. Some percentages of the products sold is given directly to the distributors, whether or not they meet the target, You sell one, you earn some percentages straight. Its called retail profits in some companies.
Monthly quota is abused when it is high, forcing distributors to frontload products to get commissions. It kills them coz of the high amount of cost to pay, and storing large amounts of products in the storeroom. So one have to exercise judgement base on the exact quota a company wants, instead of making sweeping statement on companies which requires a sales target every month.
Now, who but idiots join companies requiring them to sell a lot in a month?
Ok enough said, move this topic to other thread please.
Btw, anyone have more report on ntiparis? Firstly, CAD ,as said maybe investigating, but of what results or the process CAD wouldnt reveal, so no speculation. Secondly, like I mention before, it doesnt amaze me nti is cleared if that is the results. Those who was once victims or promoters of such schemes would tell you without a batting an eyelid, there are numerous scams which has slip thru the hands of CAD or without its knowing. Dont ask me, ask them, I mean the scamsters. -
me ignorant? whahahaha..Originally posted by richyeap:I do not want to waste time with people who is ignorant.
Bye.. will not give any more comment and also will not share any more info cos not worth the effort.
i'm dying of laughter!! help ~!!!! -
/me roll AW into a pancake, dump into a pot of hot oilOriginally posted by Alex Wong:me ignorant? whahahaha..
i'm dying of laughter!! help ~!!!!
Muahahahhahaha