Multilevel marketing companies claim to be legitimate businesses, but some seem awfully…pyramid shaped. John Oliver and Jaime Camil demonstrate how they work.
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I do know several people who have made alot of money with MLM's. Without exception they all jump from opportunity to opportunity with their downlines. Kind of a stupid business model imo. but it CAN work for some.
South and Central Americans are the most susceptible to these scams because they are poor and it sounds too good to be true which means it is. It's an American standing up there on the stage saying that they got rich by selling these products and you can too. Unfortunately they're so gullible say you can't convince them it's a scam. I worked with that guy from Guatemala and he swears by Herbalife and he tried to push it on me but I've known about these scam artist for a long time and I tried to tell him that he's going to lose all of his money. But he is so brainwashed he's got all of the Latino workers buying into this s***, except the ones that were born here. I don't know how to feel about that, they are illegals but they're still being taken advantage of.
I got caught up with Amway once and wasted 7 months of my life trying to recruit anyone who would listen, for God's sake I recruited my grandma, that's was just wrong on so many levels. I would try to strike conversation with complete strangers and after few seconds I begin my pitch to sign them up so they can have a lake house and a private jet like I was promised.
+CasualChilliBoy There is no such thing as "not shitty MLM". MLMs prey on vulnerable people and steal their money with a false promise of getting rich fast. It doesn't matter if *you* make money from it or not. If you are part of an MLM, you are an accomplice.
Yes, there are a lot of shitty MLM but there are a few exceptions. And if you treat it like a real business, i.e. learn the skills, network with successful people along with great products then you'll start to experience a drastic change in lifestyle where you no longer want to work for someone else or run a business for that matter. Generally, less than 30% would be successful in their organisation. And that comes down to work ethic, commitment, the willingness to learn and become a leader.
from another comment
"1)In Amway (what i saw) you will be persuaded that this is a great opportunity, but nobody have idea about the costs, and let me say "nobody figured that time is a cost"
2)Nobody has studied an economy model of MLM (NO! It isn't a F****NG motivational book or the compensation plan), or they will figure how real is that opportunity. 3)Usually uplines shows how big is Amway etc. BUT you are a seller, you are not the company, so AGAIN, the model you are looking for, and data you are looking for are "sellers data". You should look at the income disclosure statement, revenue/reps ratio etc etc. 4)Products are overpriced with average (good) quality, even with seller discount. why? Obviosly, the commissions checks is a cost for Amway, but they know that N.M. works on people that "ask to a friend to buy from them" instead of buying from other markets. This could ruin relationships and there is a stat on it too! (i heard a JP+ seller "i provide support to my friend too, products can't do that", but if you are a real friend you will support anyway, not only because you sold an ovepriced useless, according to WHO, shit to them) 5)This model does not redefine wealth, it lead of an asymptotic failure for sellers, it could make only a lot of poorers and few richer, and let me say it is NOT meritocratic, it is meritocratic ONLY for those that joined at the same moment in same region. 6)I heard a lot of fake claims on earnings(fake it until you get it), health benefits of products(against W.H.O. directives for an healty diet) and chemistry. 7)A lot of fear based marketing. 8)Fear based techniques, like the man into the rat wheel that working to pay debts and the machines that will steal your job (Yeah an A.I. could seel products better than you, so a seller is the first that could be replaced by a CPU, a low cost solution)"
My work had this problem for awhile. Scenty and some make up thing. The girl selling the scenty did pretty good at the start. They’re a plug-in thing with different smells. Like a candle or that glade stuff. So people bought the defusers and then different scents but once you sell someone that they don’t need a new one every week and she lost her client base. Same with the make up one. People only want so much lip stick and selling a couple a week doesn’t keep you afloat.
A big problem of selling a "business in a box" sort of deal is that:
1. The more people you sell to, the more competition there is to sell the same product, which diminishes profits. Franchises have controlled this by limiting the number of franchising deals they can do in a certain location and radius, they also do research before risking giving a franchise license that would very likely fail. And even these multi-billion $ companies get it wrong, many times, they will close stores, from Starbucks to Mcdonalds franchises, by the hundreds in some cases (these licenses typically cost from $80k to $500k).
2. Businesses of all kinds have an incredibly high death ratio, varying among countries a new business generally fails within the first 2 years, from 50% to over 90% of the time, and the % gets higher with time. So it's statistically unlikely to promise someone that their business will succeed in the long run. It's just a very hard thing to do.
Honestly speaking, my mother has been doing Herbalife for more than 10 year. She is going to be 50 years old in two years. She has lost a lot of weight since when she started. Her whole life revolves around these products. I have always felt that Herbalife is a scam and know i know what i know. I want to tell her but i dont want to break her heart. What should i do?
Every pyramid scheme is different enough that people will still believe that theirs will work, even with this video. Maybe they believe their MLM isn’t an MLM, or they think their MLM actually is profitable.
My parents want to join shop dot com. I still cannot convince them after this video.
Ok so let me tell you something. If you have congestive heart disease I suggest that you see a doctor. not doing so will end your life.
We work so hard to maintain that ejection fraction and some asshole says they can "cure" it.
It pisses me off how many lives are lost at the hands of these crooks.
MLM have made people dumber than ever before. They evolved by selling a certain product that doesn’t technically have value because it’s free to access. For example, FOREX is something you can learn on YOUTUBE for FREE. Yes FRRRREEEEE! But people are too dumb to spend hundreds of dollars for an “education” courses that will make you half the amount you’ll get in a normal 9-5 minimum wage job. I was for by so much people to join this company called iMarketslive which if you do your research is the biggest scam that is brainwashing millennials who are too lazy to work. It felt like a cult where everyone is magically your homie and it creep me out. I was criticized for my current jobs because people were saying that I’m working for the system and that you can’t make 6 figures with them in a month. Heck someone mentions something about George Soros and the Koch Brothers funding my misery 😂. I was hammer if I wanted to join like everyday it frustrated me. I end up blocking these people because it was to point where they were showing their true colors. They were acting like assholes and wanted me to recruit random strangers in the streets to join a program that they have no knowledge on, and lose hundreds of dollars.
Anyway going back to IML it’s a company that is to good to be good and be very careful because people will be forcing you to create social media accounts and lie about your lifestyle as if your this happy go getter who doesn’t worry about a paycheck and that you travel the world and meet great people. If you want to go into FOREX, just google it! It’s free.
I tried my hand at it in grad school, but I only ever made one sale. Ultimately, I learned that some people are just better at sales than others. Those people will clean up, but the real problem is that the vast majority of people just aren't salespeople or have the desire or time to knock on doors or call people full time.
Those mlm celebrity should be ashamed of themselves. They have wasted all their money and use their own fame to con grassroot people to make an extra dollar for themselves. Trump university should teach people about it.
It's Rich getting Jaime Camil to do this in Spanish because *he* came out in that novela as well.
Also my friend and a cousin of mine got hooked by Herbalife. That friend actually try to get me to join the pyramid but I'm too fucking lazy and didn't care enough to even try to join.
My parents (especially my mother) are part of an MLM, Melaleuca, we have their shampoos, soaps, pills, and I cringe at the boxes every damn time. She also has a set of Cutco knives hanging on the wall of the kitchen. God I wanna move out.
10:30 Cocaine isn't as powerful an appetite suppressant as you think. Amphetamine-derived drugs are far more potent. I wouldn't be surprised if pseudoephedrine were a better appetite suppressant than cocaine.
A family friend sells Avon on top of having a full time job. As far as I know though, Avon representatives collect orders first, then order the pieces to deliver. I also believe they get okay commission and don't need to stockpile.
Guys, we are not a pyramid scheme! You could be driving your silver Mercedes to the bank right now if you'd just join us as a distributor. Oh, and while you're at it, you could make even more money by recruiting ten of your friends! Who then recruit their ten friends, who recruit their ten friends, and so on, so everyone kind of gets their money back!
To get started:
all you have to say is no, but i guess some people are just driven to make an easy lazy money. No body was forcing anyone to sign up, part of life is being able to tell when someone is lying by how they talk to you. people learn best from their mistakes. If you fall for a pyrmid scheme, your motivated to make easy money with minimal work.
I guess I’m missing something, because aren’t ALL companies shaped like a pyramid? The only companies I can think of that AREN’T are the ones that are co-ops owned by the community or employees and everyone has a share of the company.
I recently got a Nu skin product as a gift from my aunt. It feels cool (kinda like gel?) and I've always assumed that it works. But now to think of it, I have no idea what it does. My aunt told me it was for mosquito bites, eczema and pimples which is pretty damn weird now to think of it
Community pharmacists are the health professionals most accessible to the public. They supply medicines in accordance with a prescription or, when legally permitted, sell them without a prescription. In addition to ensuring an accurate supply of appropriate products, their professional activities also cover counselling of patients at the time of dispensing of prescription and non-prescription drugs, drug information to health professionals, patients and the general public, and participation in health-promotion programmes. They maintain links with other health professionals in primary health care.