Multlevel Marketing scams

[LittleAsianGuy]

Was telling this jerkoff at work about having hayfever during this time of the year. Then he went out of his way to give me 3 cds about this miracle sugar pill product LOL. The company is called Mannatech and they sell this sugar pill type product. The brochure had a bunch of MD who said this herbal crap cures cancer,diabetes,hiv etc. Even had this Dr who said this product cured him of cancer but it didnt work for others cause these idiots didnt take enough of these pills. I cant believe how some people actually believe in some of these scams. Im curious have anyone in here ever been approached by some MLM distributor with a bogus product?

 

[LittleAsianGuy]

Oh if i wanted vitamins i could get better products at the local vitamin store and not some overpriced junk u have to order by mail

 

[Yuppie]

Im curious have anyone in here ever been approached by some MLM distributor with a bogus product?

Have been approached by all - Bitron, Mellaluca, Amway, Herbalife and countless others. I actually explored this field a few years back, but it wasn't for me. You start hitting up your friends and family and it changes your personal dynamics with others. The "proported" miracles cures are all scams and only the ones at the top of MLM makes the real dough.

 

[LittleAsianGuy]

Atleast some of these MLM deals have products. I think the worst i've seen is mannatech and gold unlimited. Nothing worst than takin a bogus sugar pill or buying a piece of paper saying u might own a gold coin someday.

 

[ReluctantPooner]

You should do a little research before you go talking out of your ass about stuff you obviously know nothing about. First, there is a huge difference between pyramid scams and legitimate direct marketing companies. Is Tupperware a scam?? Avon a scam??? Responsible companies would never say their nutritional product "cures" anything, because if they did they would be shut down by Health Canada and the FDA in 2 seconds. Any time an Independent Rep makes claims like that, they are kicked out fast. Many are legitimate business opportunities with good products that help lots of people.

I will give you that 97% of people who get involved in this type of business fail, because they do it with the wrong approach. You cannot say that "only the people at the top" make any money. If you ever examined one of the compensation plans, you would see that the only way to make money, is to help the people below you move up in rank and make money themselves.

 

[LittleAsianGuy]

Im not talkin out of my ass and i did do my research u dumbass. How many years did the Jewelway scam last before the govt agencies shut them down?? By then thousands of people lost huge sums of money buying crummy jewelry. There where a few companys a company who marketing a pycnogenol product who's around 10 years later and their distributors who claim this product cures cancer etc. Is Amway/Quixtar a legit company? The last time i looked they where on Dateline for making unrealistic claims and lawsuits are flying everywhere. These jerkoffs are still operating after 40 years http://www.youtube.com/watch?v=YSvw7i8415kMany of these companies have a mediocre product who are barely legally still operating today. Of course there are companies like Avon,tupperware etc who have real products. What u dont understand is there are to many of these new scams popping up and the govt agencies have problems policing this situation.
http://www.scoop.co.nz/stories/HL0501/S00074.htm

You should do a little research before you go talking out of your ass about stuff you obviously know nothing about. First, there is a huge difference between pyramid scams and legitimate direct marketing companies. Is Tupperware a scam?? Avon a scam??? Responsible companies would never say their nutritional product "cures" anything, because if they did they would be shut down by Health Canada and the FDA in 2 seconds. Any time an Independent Rep makes claims like that, they are kicked out fast. Many are legitimate business opportunities with good products that help lots of people.

I will give you that 97% of people who get involved in this type of business fail, because they do it with the wrong approach. You cannot say that "only the people at the top" make any money. If you ever examined one of the compensation plans, you would see that the only way to make money, is to help the people below you move up in rank and make money themselves.

 

[LittleAsianGuy]

Of course the companies dont make these health or income claims but they look the other way when their distributor force does it. The last time i checked there's a few companies out there selling this hyped noni juice product saying it cures everything and the FDA n health canada has done very little. Unless the company is forced to they wont kick out anybody

Is Tupperware a scam?? Avon a scam??? Responsible companies would never say their nutritional product "cures" anything, because if they did they would be shut down by Health Canada and the FDA in 2 seconds. Any time an Independent Rep makes claims like that, they are kicked out fast. Many are legitimate business opportunities with good products that help lots of people.

Dude unless you're at the top or near the top there's very little money. Not sure which world you're living in. Some of these companies dont operatate like Avon or Tupperware where you go around retailing products. These distributors are the ultimate consumers of the product. The average commission rate is about 2% (most people actually receive a lower rate of commission payments) so this gives an annual net income before taxes and expenses of $44.15 so ya i could say only the guys at the top making any decent income.

I will give you that 97% of people who get involved in this type of business fail, because they do it with the wrong approach. You cannot say that "only the people at the top" make any money. If you ever examined one of the compensation plans, you would see that the only way to make money, is to help the people below you move up in rank and make money themselves.

 

[LittleAsianGuy]

In one place on the site they boast that the industry has annual sales in the USA of $28.7 billion, sold by 13 million distributors. As I said, the marketing of all multi-level and pyramid schemes relies on prospects being unable to do simple mathematics, and I suspect that they think that nobody is going to be other than impressed by these huge numbers. They think wrong. Ignoring the fact that the total sales is a fictional number based on what the sales would be if all product ended up in the hands of people who are not participants in the system and pretending that no distributor ever buys anything for themself, if you divide 28.7 billion by 13 million you get average annual sales per participant of $2208. Remember that this the gross sales income for a year. The average commission rate is about 2% (most people actually receive a lower rate of commission payments) so this gives an annual net income before taxes and expenses of $44.15. Net income. For an entire year's work. Out of that $44.15 the participants have to pay for training materials, conference and seminar fees, normal business costs like telephone and transport, make-up, dry cleaning and nice clothes to look prosperous at functions, child minding while they are out showing the plan, ... And people try to pretend that these scams are legitimate business opportunities. Of course, there are people making money out of these schemes, but it certainly isn't by direct selling of anything.

these numbers where found at:
http://www.ratbags.com/rsoles/comment/mlmarithmetic.htm