Good Business Practices in the MLM Industry
Posted on July 5th, 2008 by rjewell
Are You Running Your MLM Business or
Working For Someone Else…?
Working For Someone Else…?
Good Business Practices with
ItsGoodBusiness.net
ItsGoodBusiness.net
Have you ever wondered whether many MLM or
Network Marketing Companies follow good business practices? Most MLM or
Network Marketing Companies are honorable and enter into an agreement with their
distributors or representatives with good intensions. Unfortunately many fail to
disclose their true business plan therefore one is left to read between the
lines. Don’t get me wrong, I am not disparaging any one MLM or Network Marketing
Company but simply pointing out what I can see as a flaw in their business
strategy and reading between the lines.
Network Marketing Companies follow good business practices? Most MLM or
Network Marketing Companies are honorable and enter into an agreement with their
distributors or representatives with good intensions. Unfortunately many fail to
disclose their true business plan therefore one is left to read between the
lines. Don’t get me wrong, I am not disparaging any one MLM or Network Marketing
Company but simply pointing out what I can see as a flaw in their business
strategy and reading between the lines.
Many of these companies put together a marketing
plan that intentionally persuades potential distributors to think that when they
join up with the various MLM Companies they are entering into their own
business. And since they are creating their own business they should spend their
own money to market the products and services of the company they are joining.
plan that intentionally persuades potential distributors to think that when they
join up with the various MLM Companies they are entering into their own
business. And since they are creating their own business they should spend their
own money to market the products and services of the company they are joining.
What is flawed with this strategy is that
when anyone joins a MLM or Network Marketing Company they are not starting their
own business. Unless they have put together a separate business plan
and are structuring the business from scratch they are not running their own
business. When putting together your own business you get very involved in the
structure and organization of the new business. Simply following a plan that
someone else is following is not an individual business plan.
when anyone joins a MLM or Network Marketing Company they are not starting their
own business. Unless they have put together a separate business plan
and are structuring the business from scratch they are not running their own
business. When putting together your own business you get very involved in the
structure and organization of the new business. Simply following a plan that
someone else is following is not an individual business plan.
Running your own company requires you to be the CEO
of your business and make decisions that one makes related to running your own
company. Being head of your own company requires you to also make marketing and
management decisions as they relate to running your own business. If you are
unable to make your own decisions relating to your company then you are not
running your own business, you are working for someone else. The confusion is
that people are not financially educated enough to understand when they are
being lead down a path of financial deception.
of your business and make decisions that one makes related to running your own
company. Being head of your own company requires you to also make marketing and
management decisions as they relate to running your own business. If you are
unable to make your own decisions relating to your company then you are not
running your own business, you are working for someone else. The confusion is
that people are not financially educated enough to understand when they are
being lead down a path of financial deception.
Now let’s talk about the concept of making you
believe that you are running your own business so you will spend your own money.
Yes, these MLM Companies convince you that you are running your own business and
that you need to spend your own money to market products and purchase your own
leads then convert the leads to customers. This is the MLM Companies way of
transferring marketing cost to you, and eliminating the marketing cost that the
MLM Company should spend. If they can get you to spend your own money to market
their products than they have eliminated or minimized their marketing budget.
believe that you are running your own business so you will spend your own money.
Yes, these MLM Companies convince you that you are running your own business and
that you need to spend your own money to market products and purchase your own
leads then convert the leads to customers. This is the MLM Companies way of
transferring marketing cost to you, and eliminating the marketing cost that the
MLM Company should spend. If they can get you to spend your own money to market
their products than they have eliminated or minimized their marketing budget.
You end up spending your own money to acquire
customers through buying worthless leads and then trying to call and convert
them to customers. Most of these leads have been sold to many others before you
and they have been overcalled to the point that when you call them they are
downright rude.
customers through buying worthless leads and then trying to call and convert
them to customers. Most of these leads have been sold to many others before you
and they have been overcalled to the point that when you call them they are
downright rude.
Buy Customers not
Leads…
Leads…
No longer do you have to put up with flawed
strategies of deception. There is a business model that eliminates the waste of
money and time which usually is a deterrent in success. This new model
eliminates the need to waste money on worthless leads and redirects it directly
to purchasing already sold customers. You also don’t have to spend time calling
leads that hang up on you but can call customers that are already sold and have
a common bond with you.
strategies of deception. There is a business model that eliminates the waste of
money and time which usually is a deterrent in success. This new model
eliminates the need to waste money on worthless leads and redirects it directly
to purchasing already sold customers. You also don’t have to spend time calling
leads that hang up on you but can call customers that are already sold and have
a common bond with you.
This model of buying customers is new and is
talking the internet by storm. Its strength is that when buying customers you
are now buying someone who is already enjoying the value of the company’s
products. They are already sold. This model also makes no bones about it, you
are representing a company, but in control of your outcome. Work hard and buy
customers, which the company sells, and you will make solid passive income.
talking the internet by storm. Its strength is that when buying customers you
are now buying someone who is already enjoying the value of the company’s
products. They are already sold. This model also makes no bones about it, you
are representing a company, but in control of your outcome. Work hard and buy
customers, which the company sells, and you will make solid passive income.
I have seen many business models before and many of
them failed but this one has staying power. The reason that it has substance is
based on the products and the buy customers’ model. If you have any interest in
this powerful model go to http://ItsGoodBusiness.net
and sign up for the information. Once you sign up you will receive an invitation
to come to the on-line live meeting that will give you all the information
needed to learn about this model. It is not my intention to pitch a deal here
but to explain the difference between an outdated flawed model and one that
works.
them failed but this one has staying power. The reason that it has substance is
based on the products and the buy customers’ model. If you have any interest in
this powerful model go to http://ItsGoodBusiness.net
and sign up for the information. Once you sign up you will receive an invitation
to come to the on-line live meeting that will give you all the information
needed to learn about this model. It is not my intention to pitch a deal here
but to explain the difference between an outdated flawed model and one that
works.
Thanks for reading,
Butch Hamilton, SEO Master
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