What is the best MLM business is a very interesting question and to be honest, not sure is there is such a thing as the best? I would like to make it clear from the outset I am not a fan of MLM and probably never will be and the reasons are simple. They paint a pretty picture to lure people in by offering a free membership then they pile on the extras.
For example, if you upgrade to the next level or you order more of the products yourself when someone you introduce does the same you make more commissions etc… It would be crazy to go into more detail in this regard why? They all have various structures which can be very be confusing for most people.
The biggest issue I have is not the structure but the products. If the truth is known they are overpriced and always will be in order to pay out these massive commissions. They claim their products are unique (which they may well be) if we take the branding into consideration.
But are the products any better than the equivalent products we can buy in the supermarket? From my experience that is a big fat no. It’s a bit like when we shop at Tesco do we always buy the named brands or Tesco’s own brands is there any difference? In most cases, there really isn’t which has been proven time and time again.
So we are paying through the nose for the named brands and sadly it is the same story with MLM companies. The next big issue can we rely on these companies to pay out the ongoing residual incomes?
When we dig a little deeper if they go out of business as many of them do what happens to the residual incomes that we worked hard to build up over the years. Sadly that also disappears into cyberspace.
When people join an MLM almost everybody starts out full of enthusiasm and at the point, they really feel it is the best thing since sliced bread. However, for 95% of the people that get involved in an MLM soon lose that enthusiasm they had at the initial outcome. The result is often the MLM that felt was the best out of sheer frustration they often describe is a scam or a pyramid scheme.
I can understand this to a certain extent because most MLM companies paint a pretty picture of how they can build a residual income and create financial freedom just by sharing to family and friends.
Which can be very misleading for people with little or no experience in this industry. If the truth be known MLM is just like any business it is much harder than they are led to believe.
I have a lot of experience in MLM over the years and I know people that have had miserable experience end up getting frustrated and quit and others that do really well.
What I have found is the people that are good at promoting do really well. However, they have to keep promoting or buying traffic in order to sustain their residual income why? Because very often the people that join their down-line quit if they are no good at promoting and not creating the residual income they were expecting.
Of course, there are exceptions to the rule as always, if the people they recruit can afford to buy leads or traffic then great but to be honest that very rarely happens and people like that are hard to find. The problem with MLM programs 99% are trained to sell to their family and friends and the results they end up in are the no friends left club.
Over the years the MLM have taken a hit and often been branded as pyramid schemes. Of course, that is a shame as that is clearly NOT the case. It often makes me smile when people say that because every PLC with no exception is in the shape of a pyramid
This is a typical structure of a PLC company is in almost every case shape of a pyramid. However, pyramid schemes are illegal and would not be approved by the Federal Trade Commission’s more information here
However, if you are determined to join an MLM company ( which I don’t recommend) then join a company that does not train their people to sell to their family and friends. The problem I have yet find such a company as that is 99% of MLM company marketing strategy and that is probably the reason why it has developed a pretty bad reputation and been labelled as Scams or pyramid schemes.
There are people that say that MLM does not work but there are MLM companies that have been around for years, for example, Anway, Avon, Herbal life, Vorwerk, Mary Kat, to name just a few.
People Ask Can MLM Make You Rich
The simple answer is yes, of course, it can if you work at it like any other business and are good at recruiting in the cold marketing place One of the main reasons people fail is they quit when success in many cases is just around the corner. Another reason is most MLM companies it has a very low entry fee and people don’t take it serious enough.
Well, that pretty much sums it up and is as much as I can share about what is the best MLM company my personal opinion. what is one man’s meat is another man’s poison 😉.
Look forward to any comments below see you at the top.