How to Make Money through Multi Level Marketing (MLM): A Humorous Analysis

66

By cosmicdust

Multi Level Marketing (MLM) is a marketing method for selling products at various levels. You should begin by purchasing the products you intend to sell from a wholesaler. Then, you should resell these products at a retail price to people around you. For example: to your parents, relatives, co-workers, neighbors, friends, friends of friends, and so on.

Instead of purchasing these products from a store, they will purchase these products directly from you. Of course, they may not necessarily need the products you intend to sell. However, you can simply pretend that you don’t understand how annoying you are.

MLM is a very successful marketing method due to the fact it’s easier to market your products to any or all people you know... Strangers don’t want to help you in any way. The same cannot usually be said for your relatives and friends. They will surely want to encourage you. On the other hand, this is a social obligation. They probably owe you some favours.

You should also convince them to become sellers like you. Of course, they may have better things to do with their lives. They may also feel ashamed to sell whatever product it is to everyone they know because they don’t want to bother others the way you do. However, you have to find at least one person who may be interested in following your example and train them. They will become your ‘down line’, and sell the same products you do to the people they know. Your down line should also look for new representatives. They must recruit and train someone else, who will become their own down line. This is how MLM works.

How will you get paid?

Well, this is a complicated matter. MLM companies share their capital into commissions that motivate sales representatives to sell the companies’ products. They also encourage sales representatives to train new sellers, who receive commissions from the sales made by the sellers they train.

Of course, the MLM Company can go bankrupt by paying so many commissions. However, if you are at the top of the marketing pyramid, you’ll make some money out of this confusion.

Focus on making money with the MLM products at least by obliging all the people you know to buy your products. Later, you may find new victims if you are lucky, and make more money through commissions.

Comments

MurciélagoHeart profile image

MurciélagoHeart Level 2 Commenter 6 months ago

I was part of a MLM company and didn't make a nickel, it's a great concept....if you're at the top.

Submit a Comment
Members and Guests

Sign in or sign up and post using a hubpages account.



    • No HTML is allowed in comments, but URLs will be hyperlinked
    • Comments are not for promoting your Hubs or other sites

    Please wait working