Are we tied Down to Multi-level Marketing?
I have studied the way business is run online as well as offline and wonder if the future of business success lies in MLM (multi-level marketing). Marketing is at the centre of business success and MLM happens to be a vibrant method of doing so. You will agree with me that convincing the warm market to support you business, where MLM starts making money, strengthen collective effort because interests are best shared with people you know and love.
My interests in internet affiliate marketing have taken me back to the MLM concepts. If you are an affiliate marketer, you are actually participating in a uni-level plan where your most rewards come from the fontliners / level one of your network (see image bellow).
MLM uni-level plan
Apparently, with internet affiliate marketing, you never get to know your downlines. Like this website, I never get to know the people that follow the ads in the sidebar or at the top, but they do generate commission for me from the companies than run these ads.
Funny, most traffic for my website comes from MLM related articles, such as those I wrote about my experience with QuestNet, products from QuestNet (bio-disk) and my conclusive decisions on MLM. You are better studying what you get yourself into when you join MLM companies than taking Sales Reps at their word, for you may regret losing your money into something you cannot workout to your advantage.
My book on understanding the demands from MLM is just about to be published; you can register to get notices directly from your email by following the bottom link in the side bar.
This post has 7 comments
April 10th, 2010
Are you still negative about QuestNet now as you were before?
How would you advice a person who came to you and thought about joining QuestNet?
April 12th, 2010
I could try something else but not QuestNet. I think thier products are somewhat fake yet at rediculous prices; i saw a couple of them didnt like their style.
April 13th, 2010
Hi,
I definitely agree with Admin.Actually I have joined this since last year, but unfortunately I kept thinking that how ‘stupid’ I was. That Biodisc might produce the positive energy but it is not to the extent that it can cure any critical illness..It was a mistake as well as I didnot do any research or googling first before join this Questnet…
April 21st, 2010
Will you suggest me joining QuestNet is it really worth spending money in it.
April 21st, 2010
I think QuestNet depends a lot on where your market is based. If you are in places where people are more concerned about thier health and status, QuestNet may work for you. Most likely you will fail in QuestNet if your prospects earn less than +/- R 5000 per month but anything above R 10000 would tempt for QuestNet. I never can try that business again. Sad that my e-book on ‘Making Money Offiline and Online with MLM’ isnt published yet. I’ll be posting it soon.
The precise answer is ‘It depends whether your target market will like the products or not’ I’m not for QuestNet anyway!
September 1st, 2010
So you biggest reason for someone not doing QuestNet is because of the bio disc?
What about their other product range they have. Vacation, telecommunication, jewelery and collectibles?
What about their compensation plan?
What about their business and marketing trainings they host? Is it worth attending? One of the things I learned is that success in Network Marketing is the ability of the company you’re involved in nurture mentally from an employee mentality to a business minded mentality (as written in Robert Kiyosaki’s book, Business School)
Few months ago one of their companies, the V hosted a MEGA training convention in Malaysia where almost 10,000 people from 70 different countries attended. One of the largest Network Marketing Conventions ever held in the history of Malaysia.
Is it worth it attending such a convention? Will I grow as an entrepreneur attending QuestNet’s Conventions? Will I be a good Networker?
Awaiting for you reply. Thanks
September 9th, 2010
The things is ‘MLM is not for everone” and the earlier you are in, the better the chances of success. My view is that you can attend the convention but dont be tempted to participate without grasping the cost that comes with it. I just dont think MLM would work for me, so I wouldnt recommend it to anyone.
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