SELECTED PRESS RELEASE:
3/2/2012 4:35:27 PM EST
|Compensation Programs in MLM Designed Not TO Pay You?
VISIT WEBSITE (learn more)
You only want to read this if you are not afraid of the truth. Once you understand the truth it will make it difficult for you to ever go back to your traditional network marketing companies again.
At this point you can take the blue pill and understand the truth or you can take the red pill and act as if you never saw this blog. You can continue to join MLM after MLM hoping that you can catch a break!
If you chose the red pill quit reading now...................
If you chose the blue pill get ready for a treat...
Network marketing companies are on the decline. People are leaving them faster then people are joining them according to the Direct Selling Association.
Why are people leaving them? People are leaving them for the same reason that people always leave them. The compensation programs are geared more for the top 2% then it is for the other 98%. Let's face it,
People don't join companies like NuSkin because they have a sudden desire to sell make up to their friends.
People don't join companies like ViSalus because people have a sudden desire to sell vitamins to their friends.
People join these companies because they have a desire to make more money or a desire to get wealthy beyond their wildest dreams. And guess what, there are some people who actually go out there and do that. There are people in these companies making millions and millions of dollars per year!
Do you think people would be distributors for these companies if it wasn't for the money? I doubt it, I know I wouldn't. But there are some things that you should know. Things that I have known for years and for some reason I didn't really even pay attention to it.
If you were to look at most marketing plans for most MLM's or Network Marketing companies you would find things like, minimum GSV or Sponsorship requirements to get paid. You would see things like 60% maximum from 1 leg and 3 leg requirements.
Some people will tell you that these are the ways for you to get paid. I would rather change that to "these are the ways for you not to get paid."
All network marketing companies lure you in with the circles or they talk to you about a penny a day doubled and how powerful compounding is. At this point they are 100% correct!. If you were to take 5 x5x5x5x5x5x5 it becomes a very powerful number. But what they don't tell you is that you are going to have to work your ass off to get paid and if you work your ass off and fall short, well that is too bad. Breakdown any MLM company and you will see what I am talking about.
NuSkin for example: In order to become an executive it takes 3 months and you are going to have to retail $1000 the first month, $1500 the second month and $2000 the third month, then you are going to have to maintain $3000 in retail sales in order to continue to get paid on your network which you developed. If you do not meet these requirements then you do not get paid. And by the way NuSkin has some great products. But this is how people get themselves in debt. I know because I did it in the late 80's
Then there are companies like ViSalus, again good products but look at their marketing plan. It has more ways of not to pay you then you can shake a stick at. This one thing alone should tell you why so many people fail and end up in debt. If you download their comp plan you will see what I mean. You have to maintain $2000 in Group Sales Volume each month and have at least 3 legs in order to get paid down only 4 levels. Then to go to the next level you have to have $12,500 in GSV and only 60% of that can come from 1 leg! If you don't meet these requirements then you won't get paid. In fact all that volume will roll up to the next qualified distributor, so it is more beneficial to them if you fail....
What does this all mean? Let's just say you are a part time distributor for 1 of these 2 examples. Let's say you sponsor a friend of yours who goes out there and sponsor's the world. He is one of those guys who has the money and time freedom and he does a bang up job. Now let's say that is the only person you sponsored. Do you know how much money you would make off your friend who you brought into the company? Almost nothing!
Let's say you sponsored 3 people and your business took off and your down-line numbered in the thousands. Do you know how much you would get paid if you did not meet the $2,000 min GSV for that month? You would get paid nothing. Not only that, but if you did not meet the min requirements for so many months in a row you would lose your entire business!
This is why people go in debt (chasing the min requirements) trying to build their business. This is why people end up with massive credit card debt. This is one of the reasons affiliate marketing has become so successful. If you eliminate those requirements you give people a chance to achieve success without going in debt.
That is why I left MLM and Joined One24. From the fist person you sponsor you are going to get paid down 12 levels. So the scenarios above would not apply to One24. Let's say you did sponsor your 1 friend who took off in the business, you would not get left behind. You would profit from his business forever as long as you were active. Active means you order 1 product every month. You would never have to slap a few thousand dollars on a credit card to get paid. You could actually build at your own pace and still have a chance at true success. You also would not have to worry about going in debt.
I am not looking for current members of MLM or Network marketing companies. I am looking for people who have failed at all those companies but still have a desire to achieve success in this industry. Because regardless of all the pitfalls which I pointed out, there are still thousands of people achieving great success with these companies. It just isn't the masses. One24 is designed for the masses and unlike the network marketing companies I mentioned the more you did into One24's compensation program the better it gets.
I know the argument that people are going to have with these other companies. I use to say the same thing. If you are working it and supporting your people you should have no problem retailing $3,000 worth of products every months. Well, I call BS on that. Most people are just slapping it on their credit cards....
Don't take my word for it, do your own research. You can Google the 2 compensation plans I talk about any time you want. They don't try to hide any of it and all of them are legitimate programs that generate a ton of revenue. I just want people to be aware of what they are getting into and why a lot of people fail.
If you want a better way and you want a company that everyone can be successful at then check out One24. This company is designed so that as everyone succeeds you will succeed.
Thanks for stopping by,
BUSINESS OWNER COMMENTS:
** You need to be a member of IBOtoolbox to comment. Click Here to create free account.
|One24 is a great company with an ingenious comp plan. Continued success to you!|
|don't understand your negative comments aimed at the competition but agree about most comp plans. How about a 100% payout nothing wrong there Will be sharing and best wishes. Team-work leads to Success!|
|The reason why many people fail in network marketing because they lack education when looking for a business opportunity. They believe the hype that's being promoted and the lure of easy money is what attracted them in the first place. Education and skills is what's needed. ~Terri Pattio - MLM Coach/Mentor with a servant's heart|
| Brilliant blog Bruce! You speak the truth! |
|Well Bruce we will help you by spreading the word of your wonderful business services and products. I'm sharing thanks much success in your business.|
|I am glad you are making One24 easy to understand. Good job!|
|Time to spread the word. There is a better way|
|Here here, Bruce. I know of what you are talking about. You end up with products you don't want or need. How many of these people need the weight loss products they are selling. Do they have it in their closets? I got caught up in one of those. They even told me that I didn't need to purchase or auto ship.. that was a laugh. Thank you for putting this out there. More people need to understand these plans.|