The Network Marketing Review and How the Industry is Changing
by Laura A Shapiro
As disheartening as it may be to those in the MLM industry, the typical
network marketing review is anything but positive. This business model's
reputation has been damaged by negative media reports, stories from the
many who have failed and false accusals of being illegal pyramid or Ponzi
schemes.
Even today, the typical network marketing review reports that up to 97
percent of those who attempt this type of business fail, a statistic that
isn't disputed by anyone really, even those who are successful in their
MLM businesses.
The publicity about network marketing doesn't tend to show it in the best
light. Much of it insinuates (or outright declares) that all network
marketing companies are scams because so many who join don't end up making
any money at all. And in fact, many network marketers quit because they
can't afford to maintain the monthly costs of running their business.
In reality, multi-level marketing is not only legitimate but also an
extremely potentially profitable business. But no one will argue that
network marketing is for everyone - This network marketing review offers
information to clear up some of the confusion about some of the major
issues.
Critism: The recruiting methods of MLMers are less than honest and are
designed to put money in the pockets of a few who "make it."
This stems from the fact that, as an MLMer, you make money off of the
people you recruit into the company as part of your team of salespeople,
in addition to the money you make from the products/services that you
sell.
While this is true, those who "make it" haven't done so through dishonest
methods. They've done it through hard work and effective leadership. Those
who become successful in network marketing do so because they can teach
their teams/downlines to be successful as well. Are you trying to make it
in your MLM? Get on the team of someone who is already successful!
Criticism (and untruth): MLMs are pyramid schemes.
This is a big cause for confusion but it is absolutely false. Legal MLMs
sell legitimate services and products. Pyramid schemes (otherwise known as
Ponzi schemes) create levels where money is exchanged without a product or
service being offered. The Federal Trade Commission doesn't take Ponzi/pyramid
schemes lightly and is quick to investigate anything that resembles such
an operation and shut it down if necessary. Network Marketing, MLM and
Multi-Level Marketing are NOT the same thing as the illegal Ponzi or
pyramid scheme.
Criticism: Network marketers take advantage of needy people by leading
them to believe they can get rich quickly.
The truth is that the MLMers who go on about how easy it is to make a
fortune in the industry are also among the few that have actually done so.
Lucky them, right? But no one should look at a network marketing
opportunity as a "get rich" scheme or think it will work without them
putting in a lot of time and effort. Have some become extremely wealthy
with network marketing? Yes. Is it the norm? No.
As mentioned earlier, 97 percent of the people who don't make it in the
MLM industry also contribute to the negative network marketing review.
But as the new network marketing business model exploits the power of the
web, more people are benefiting from its advantages.
New network marketers take advantage of the current internet training and
resources which are available online or provided by their team, in
addition to the tools provided by the network marketing companies
themselves. This allows for a more upbeat review.
Network marketing businesses are now absorbing the concept of attraction
marketing. Gone are the days of chasing down family members, friends or
pretty much anyone you happen to run into in the hopes that they will join
your business.
New network marketers use strategies that result in prospects coming to
them. And that is something to cheer about!
Network marketing options are becoming more popular in the struggling
economy. And as the traditional network marketing model slowly shifts to
the new attraction marketing based MLM model, more positive tones are
creeping into the network marketing review too.
It's worth mentioning that when people hear the terms MLM, multi-level
marketing or network marketing, they don't usually associate them with
some of the most successful businesses in the world like Shaklee, Pampered
Chef and Mary Kay, all of which are MLMs.
So yes, in a nutshell, the network marketing review is changing for the
better along with the reputation of the industry as a whole.
About the Author
Laura Shapiro is a work at home network marketing business owner who
shares the tips and training that have worked for her at
www.MLM-Advantage.com. Sign up for the free newsletter now!