Impressive! Is that £700 gross or net?I used to make £700 a month on the side of my full time job. I worked 2 evenings a week.
Impressive! Is that £700 gross or net?I used to make £700 a month on the side of my full time job. I worked 2 evenings a week.
for a few people at the top that is reality. For most it isn’t. You need at least 300 below you to earn that. For me I have a decent full time job, I’m saving for a house (FM is not funding that before anyone else goes for me) my money from FM allows me to treat myself. If that Is all you want then I don’t see MLM is an issue.Ok, so you’re using the term ‘own business’ because you are technically self employed. I understand that.
But what really rankles a lot of people is the ‘fake it till you make it’ , the smoke and mirrors. @Foxycoxy im not saying you do this, not at all, I don’t know you. But you know the sort of thing i mean. Pics of designer shopping bags strewn across a bed, holiday shots, posing in front of luxury cars. Implying that the business has got you all this, that you are making enough to fund a luxury lifestyle.
Just tell the truth! But then the truth wouldn’t attract new recruits, would it?
for a few people at the top that is reality. For most it isn’t. You need at least 300 below you to earn that. For me I have a decent full time job, I’m saving for a house (FM is not funding that before anyone else goes for me) my money from FM allows me to treat myself. If that Is all you want then I don’t see MLM is an issue.
Net.Impressive! Is that £700 gross or net?
people are probably slagging them off as they are always on the receiving end of it where 20 people keep messaging them to buy their expensive product even tho they haven’t spoken since high schoolNet.
I’ve done a few MLMs, one of them for over 5 years. I honestly did not see the things people are slagging them off for. They get a lot of hate from people who know nothing about them but once saw a programme/ read a blog post etc.
I think those making that kind of money (assuming it’s true of course) are those that have recruited a large “team” to sell for them. And that team has also recruited a team and so on. It’s called an up line. There’s a really interesting documentary on BBC iPlayer about it and there’s a woman on there who has something like 2000 people working for her. There’s hardly any money in the sales of the products themselves, all the money is in recruitment.These people who show themselves making what looks like tens of thousands of pounds commission in a month...this can’t be real right? If you were making that much a month you would be able to live the life of a millionaire but they don’t
I just don’t get the business model. Where is the money coming fromI think those making that kind of money (assuming it’s true of course) are those that have recruited a large “team” to sell for them. And that team has also recruited a team and so on. It’s called an up line. There’s a really interesting documentary on BBC iPlayer about it and there’s a woman on there who has something like 2000 people working for her. There’s hardly any money in the sales of the products themselves, all the money is in recruitment.
The people in the up line make commission from their recruits selling the products. So the more recruits they have, the more products are sold, the more their pockets are lined. Somebody, somewhere must be actually buying the products but from the way I understand it, it’s very hard to make the kind of money people talk about by doing that alone. You need to recruit people in order to achieve any degree of success and that’s where the classic ‘pyramid’ comes in.I just don’t get the business model. Where is the money coming from
Often those at the bottom of the pyramid. If they don’t have to buy a starter pack their uplines encourage them to buy stock to show people or to use themselves so that they can understand the product.I just don’t get the business model. Where is the money coming from
People buy the products for sale! Mostly you make 25% of your sales as commission. The commission goes up the more you sell so, for example if you sell over £1200 in a month you’ll get 31%.I just don’t get the business model. Where is the money coming from
I feel like the products must be overpriced if everyone up and down the chain can get a cut. I’m glad you’ve had a good experience with them, it’s been useful to see both sides on this threadPeople buy the products for sale! Mostly you make 25% of your sales as commission. The commission goes up the more you sell so, for example if you sell over £1200 in a month you’ll get 31%.
When people join through you, you may get a recruitment bonus plus you’ll earn a very small percentage off their sales - maybe 1-2% and it’s normally once you’ve built up a small team, maybe 6 people. And if they recruit people you’ll get 1% of their sales & so on.
Most of the replies on here are from people who’ve heard how bad MLMs are rather than those who’ve done it themselves.
Imagine what it costs to advertise in a magazine or on TV? These products don’t have those costs. Other products have people working in the companies that need paying, advertising etc. I can honestly say I was never encouraged to buy or hold stock, given targets or any of the shady practices mentioned. I made some great friends & a lot of people made a lot of money selling fantastic products that those buying (and selling) them loved.I feel like the products must be overpriced if everyone up and down the chain can get a cut. I’m glad you’ve had a good experience with them, it’s been useful to see both sides on this thread