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Multi Level Marketing (MLM) The Pyramid myth and other misunderstandings. Is MLM or Network marketing a Scam?. Madoff. Short answer. If MLM or Network Marketing is a pyramid scam, 67 million people worldwide, would be in prison …. Long answer!.
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Multi Level Marketing (MLM) The Pyramid myth and other misunderstandings By Ted Nuyten - The Netherlands - www.businessforhome.org
Is MLM or Network marketing a Scam? Madoff By Ted Nuyten - The Netherlands - www.businessforhome.org
Short answer .. If MLM or Network Marketing is a pyramid scam, 67 million people worldwide, would be in prison …. By Ted Nuyten - The Netherlands - www.businessforhome.org
Long answer! Network marketing and Multi Level compensation plans were declared legal ways of compensation over 50 years ago: By Ted Nuyten - The Netherlands - www.businessforhome.org
Direct Selling Organisation (DSA) • 67 million Direct Sellers • 95% has a MLM compensation plan • $110 billion revenue worldwide By Ted Nuyten - The Netherlands - www.businessforhome.org
Direct Selling Supporters • Bill Clinton - Former USA President • Tony Blair – Former UK Prime Minister • Michael Gorbatsjov – Former USSR President By Ted Nuyten - The Netherlands - www.businessforhome.org
DSA Facts & Figures • USA is the largest market, 15 million distributors, $30 billion revenue By Ted Nuyten - The Netherlands - www.businessforhome.org
Misunderstanding:“Only the top make money” • There are numerous examples of distributors who make more money then people who joined earlier… By Ted Nuyten - The Netherlands - www.businessforhome.org
Why? If it would be not possible to earn more then your up-line, nobody would join an opportunity…. By Ted Nuyten - The Netherlands - www.businessforhome.org
An other way to explain this misunderstanding If you introduce a “Top Earner” you could make a small fortune.. The “Top Earner” will earn more, but you can receive a % over his or her earnings. By Ted Nuyten - The Netherlands - www.businessforhome.org
Misunderstanding:“You have to be broke to start” • Some people are broke, however people from all walk of life join Direct Selling • Millionaires, Actors, Doctors, business men, stay home moms and many others.. • The start up costs are often between $25- $500, a small investment to start a great business. By Ted Nuyten - The Netherlands - www.businessforhome.org
Fact: The average Top Earner Income The average Top Earner make approx. $ 25.000 a month / $ 300,000 a year. There are over 5,600 people who make a full time year income ($60.000+) with Direct Selling Source: www.businessforhome.org By Ted Nuyten - The Netherlands - www.businessforhome.org
Fact: Newbies often introduce Top Earners The majority of Top Earners are introduced by rookies. People with no experience in direct selling! By Ted Nuyten - The Netherlands - www.businessforhome.org
Where is the money coming from? • The majority of the revenue in Direct Selling (80%+) is coming from customer orders. People who only want the product. • It’s obvious that a customer will not be rewarded as a networker. • Customer revenue is put into a “networkers pool” and is rewarded to networkers who build up an Direct Selling organization. By Ted Nuyten - The Netherlands - www.businessforhome.org
A few MLM Celibrities…. AC Milan, Boston Red Sox, Phoenix Suns, Inter Milan, and many more endorse MLM products By Ted Nuyten - The Netherlands - www.businessforhome.org
Success! By Ted Nuyten - The Netherlands - www.businessforhome.org