If you’ve been considering joining a multilevel marketing company, then you’ve probably read about multilevel marketing scams online.
It’s important that you know the truth about MLM companies before you take the time to research them or sign that dotted line.
I can assure that an MLM company is the last thing I wanted to join. I was warned by family and friends about these companies, and how they work. Here is what I found out.
I found out that NOT all MLM companies are a scam. In fact, you should know that a genuine multilevel marketing company is a legitimate business just like any other.
What’s the difference?
In this blog post, I’ll be sharing with you what multilevel marketing scams are, and how to identify them from the rest of the crowd.
Defining Multilevel Marketing Scams
The multilevel marketing industry has been getting a bad rap for years, and it’s all because most companies introduced the opportunity in the wrong fashion, and most likely the individual that joined wanted to tell all of their friends and family about it.
This is bad for two reasons.
- Many companies in years past encouraged people to join to earn extra money and replace their full-time job.
- Friends and family are going to tell you NOT to join from day one.
The problem, in the beginning, is usually that individuals join because they are led to believe that they will make a ton of money. They see others that have done so, and they desire to live in the big house and drive the nice car.
However, these folks have been at it for quite a while, and they are focused on continuing to teach others how to start a home business. That is the key difference.
Multilevel marketing is defined as a complete marketing strategy in which those who are recruited (salesforce), are trained on selling a product or service for a commission or bonus. Additionally, the salesforce is able to earn additional commission for those they enroll as members/distributors.
Multilevel marketing scams do NOT offer a product or service. The sole basis of these companies is to sign up as many people as possible. Yikes!
Companies that aren’t “real companies”, only focus on signing people up, and they attempt to position themselves as multilevel marketing companies. It’s not always easy, is it?
What else do you need to know about these companies before you sign on the dotted line?
Avoid Multilevel Marketing Scams
It’s important that you learn the definitions that apply to the multilevel marketing industry so that you can detect what is real and what isn’t.
If you have an understanding of what these companies do and how they are structured, you’ll have no trouble realizing why a home based business is exciting!
Always research the company first, and feel free to call and ask questions. When companies post their information and a corporate number to call, this is usually a sign that they don’t mind sharing information. That’s a great thing!
Hopefully you found this information helpful to avoid multilevel marketing scams, and you can decide which company is right for you.