Investigate for yourself
Research the company. Search online for the company name and words like “review,” “scam,” or “complaint.” You can also look for articles about the company in newspapers, magazines, blogs, etc.
Talk to current and past distributors about their MLM experience
Ask them tough questions and dig for more details
- How long have you been in MLM?
- How much money did you make last year, after expenses?
- What were your expenses last year?
- Have you borrowed money or used your credit card to finance your business? How much did you borrow? How much do you owe?
- Do you need to have recruits to make money?
- How many people have you recruited? How many did you recruit last year?
- How many of your recruits have left the business?
- What percentage of the money you c level contact list made came from selling the product to customers outside of the MLM?
- How much time do you dedicate to the business?
- How much inventory did you purchase from MLM last year? Did you sell all of your inventory?
Remember, you are on a mission to verify a business sale lead potential business deal that will require your time and money. The information you obtain can help you decide if it is really viable and interesting.
You start by registering with a reputable and reliable company, such as one of the examples we have already mentioned. Typically, you will receive a “starter kit” with promotional materials, supplies, and other items you need to get started.
At first, you work with an experienced distributor reddit advertising guide so that the beginner can learn all the details and get trained. Once you know everything there is to know about the product, you are ready to start selling.
Most network marketing in business is done face to face.
All you need to do is talk to people! Let your passion shine through and use your communication skills to build a relationship and get people interested in your product.
How is it different from a pyramid scheme?
Pyramid schemes are often scams . They may look like legitimate MLM business opportunities, and they often sell real products, maybe even ones you’ve heard of. But if you become a distributor for a pyramid scheme, it can cost you and your “recruits” a lot of time and money that you won’t get back.
Promoters of a pyramid scheme may try to recruit you with proposals about what you will earn. They may tell you that you can change your life, quit your job, or even become rich by selling the company’s products.
That’s a lie. Your income will be based primarily on how many people you recruit, not how many products you sell. Pyramid schemes are set up to encourage everyone to keep recruiting people to keep a steady stream of new distributors, and your money, flowing into the business.
Often in a pyramid scheme, you will be encouraged or even required to purchase a certain amount of products at regular intervals, even if you already have more inventory than you can use or sell.
You may even have to purchase products before you can receive payments or earn certain bonuses. You may also have to pay recurring fees for other items, such as training sessions or expensive marketing materials.