I'm interested in MLM
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Come on
why you wanna make a few people on the top rich for wat -
You might want to back your statement with something more?
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Actually, from what I know, MLM isn't as bad as what most people think. Partially cause people would relate it to pyramid selling. In MLM, I believe the companies are registered, so the final seller of the product can't exactly run away should the product fail. And no matter what, it's still company reputation at stake here.
Also, so far, not many names or brands have given MLM a try. And why should they since normal advertising has been doing so well for them. But I believe it might be a good way for a new business or new brand just starting out to make a name using word of mouth.
I'm not sure what this other friend told me was true, but MLM actually happens more often than we think. For example, in our normal provision shop, some of the food we buy is sold through MLM. A bag of rice initially comes from a wholeseller, a supplier will then buy the rice and sell it to a shopkeeper. The shopkeeper buys the rice and resells it at the shop. The selling may actually be done without use of advertisements and without a frontshop for the rice producer.
To be precise, the producer can sell his product to the final consumer without having to bear the costs of runnning his own retail outlet. Moreover, another main characteristic of MLM is that it relies on word of mouth to be sold. The final seller is the one promoting the product so what he says kind of affects the reputation of the product.
Effectiveness of MLM is also determined by the kind of product being sold. Certain products are not worth the money to open a chain of retail outlets just for the product itself. It's usually more like small items that aren't sold in huge quantities.
I have a question though, would food franchises such as Burger King or Coffee Bean be considered as MLM as well? The brand names are actually brought into Singapore by a particular company who make use of the name to sell the drinks or the food but they have no link with the overseas office except in name.
The companies here have freedom to do whatever they like so long as they don't tarnish the repuatation of the brand i think. -
Hi there.Originally posted by SumOne:Actually, from what I know, MLM isn't as bad as what most people think. Partially cause people would relate it to pyramid selling. In MLM, I believe the companies are registered, so the final seller of the product can't exactly run away should the product fail. And no matter what, it's still company reputation at stake here.
Also, so far, not many names or brands have given MLM a try. And why should they since normal advertising has been doing so well for them. But I believe it might be a good way for a new business or new brand just starting out to make a name using word of mouth.
I'm not sure what this other friend told me was true, but MLM actually happens more often than we think. For example, in our normal provision shop, some of the food we buy is sold through MLM. A bag of rice initially comes from a wholeseller, a supplier will then buy the rice and sell it to a shopkeeper. The shopkeeper buys the rice and resells it at the shop. The selling may actually be done without use of advertisements and without a frontshop for the rice producer.
To be precise, the producer can sell his product to the final consumer without having to bear the costs of runnning his own retail outlet. Moreover, another main characteristic of MLM is that it relies on word of mouth to be sold. The final seller is the one promoting the product so what he says kind of affects the reputation of the product.
Effectiveness of MLM is also determined by the kind of product being sold. Certain products are not worth the money to open a chain of retail outlets just for the product itself. It's usually more like small items that aren't sold in huge quantities.
I have a question though, would food franchises such as Burger King or Coffee Bean be considered as MLM as well? The brand names are actually brought into Singapore by a particular company who make use of the name to sell the drinks or the food but they have no link with the overseas office except in name.
The companies here have freedom to do whatever they like so long as they don't tarnish the repuatation of the brand i think.
Sorry that I can't spend much time to help you on this now but regarding the Burger King or Coffee Bean case, they are franchising. I'm not sure if they are allowed to do anything they like as long as they don't do anything to tarnish the brand but generally how they work is something like this. The franshisee will pay money to BK to get the BK signage, they'll also receive training on how to make the burgers/fries from BK's own system(eg:how long to fry fries, how to serve customer). The raw materials like beef platters, fries, bread and drinks are most likely from an authorised distributor.
MLM share similar traits. We can call it personal franchising as well cos we don't open outlets. Same thing, we apply to be a 'franchise' from our upline and we get the products from the MLM company we are affiliated with. We also follow the system that will be taught to us by our upline(if our upline teaches crap, the downline may be crap too)...then we follow the methods as well.
I hope this helps in some way.
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r u tokin abt paying 55 bucks a mth...for the lottery??
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Of course not. Same thing applies to any other business.
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I'm always anti-MLM.....
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it's a matter of choice...
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for the benefit of the innocent students, housewives, retirees...
http://www.vandruff.com/mlm.html -
I am here to promote my company to all the MLMers and those peole who want to become a pioneer in the US top MLM company. You have the great potential to expand your network in whole Asia and become the pioneer in Asia. You can call me at 90081104 or email me at [email protected]
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OMG! tis is bar leh!Originally posted by amond:I am here to promote my company to all the MLMers and those peole who want to become a pioneer in the US top MLM company. You have the great potential to expand your network in whole Asia and become the pioneer in Asia. You can call me at 90081104 or email me at [email protected]
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Everybody's views are valid. Good or bad, its just a matter of perspective.
If you're a shy, timid stutter-mouth whom can't possibly get a word out upon meeting a stranger, on the street sales will not only boost your sales and speaking skills, but also gain you points in your confidence.
And if you're a natural extrovert, able to mix and mingle with any tom,dick harry, mary, ann and jane, then perhaps its ground to hone your selling skills.
Many here look at the darker side of things. Look at other aspects. Your perspective is what you are. If everything difficult and unposh is bad, and only whats expensive, nice and comfie is good, take a step back and see what you would think of yourself if you were an observer.
Cheers. Btw, I ain't an MLM agent, just an optimist. -
Anything wrong writing this at the BAR... Anyway, this is for someone who want to earn extra income source and the chances of success as a pioneer is pretty highOriginally posted by wendy81:OMG! tis is bar leh! -
ermm...come oh lah.
this topic is very rewarding for those who are working or juz for general knowledge.
Haiz. if This topic is out earlier , i dun have to go kino find book read...
Oh, last yr, one of my friend told me abt MLM. hmm.as I was half way thru NS, I was interested. From what I heard, the money could be earn easily. Hmmm...so my friend drag mi dwn to listen to his boss who talk to mi directly. Sounds good, fair enough, company quite big.
but.....there must be a catch somewhere. Based on my economy knowledge [nt very gd, but can pass] , I discuss it with another friend of my.
We found that the concept is gd...wait....there muz be a catch somewhere. Then , I come out with this cock reasoning. Something ya heard from those low educate guy.[hehee, me]
Firstly, hmm...if I make a deal, I gain commision, if not juz keep on trying. But in the company already got so many pple doing deals,
suppy would definitely exceed demands. Moreover, wat goods am I selling??
ahahahah.....I'm selling cushions and magnetic waist band.
The manager promise me the goods are goods that can sell themselves.dun need promo.
my ass...sell my ass...opps.....I mean. how many pple wana buy the waist band,I feel that if the product is no gd, no matter how well u sell, not much pple would buy. at least let mi sell watch or something
Thats one of my reason of not joining.
Thanx for the time reading my stuff. -
In all the company...look for this few stuff before you join them...
1. Product - Is it affordable , reasonable price, good and effective ?
2. Plan - Compensation Plan fair enough ?
3. Proven Track Record - Is the company at least 5 years old ? What is the profit etc ?
4/ Potential - are you the last one to join, Can you expand to the whole world?
5. People - IS the people who teach you "Know How" ? Is they successful in the MLM. Will they teach you?
8 Support - Company support and people support -
Hi there. I do not know amond but do note his points on choosing the company. There are many MLM companies out there and I can tell you that some of them are crappy(and they also spoil the name of MLM). If you happen to want to talk to me personally, do send me a private message.Originally posted by I_lost_my?:ermm...come oh lah.
this topic is very rewarding for those who are working or juz for general knowledge.
Haiz. if This topic is out earlier , i dun have to go kino find book read...
Oh, last yr, one of my friend told me abt MLM. hmm.as I was half way thru NS, I was interested. From what I heard, the money could be earn easily. Hmmm...so my friend drag mi dwn to listen to his boss who talk to mi directly. Sounds good, fair enough, company quite big.
but.....there must be a catch somewhere. Based on my economy knowledge [nt very gd, but can pass] , I discuss it with another friend of my.
We found that the concept is gd...wait....there muz be a catch somewhere. Then , I come out with this cock reasoning. Something ya heard from those low educate guy.[hehee, me]
Firstly, hmm...if I make a deal, I gain commision, if not juz keep on trying. But in the company already got so many pple doing deals,
suppy would definitely exceed demands. Moreover, wat goods am I selling??
ahahahah.....I'm selling cushions and magnetic waist band.
The manager promise me the goods are goods that can sell themselves.dun need promo.
my ass...sell my ass...opps.....I mean. how many pple wana buy the waist band,I feel that if the product is no gd, no matter how well u sell, not much pple would buy. at least let mi sell watch or something
Thats one of my reason of not joining.
Thanx for the time reading my stuff. -
There are hundreds of anti-mlm sites out there. They can sound very convincing to anyone who's not in the industry.Originally posted by piopoz:for the benefit of the innocent students, housewives, retirees...
http://www.vandruff.com/mlm.html