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Showing posts with label mlm. Show all posts
Showing posts with label mlm. Show all posts

Thursday, October 21, 2010

Why Multi-level Marketing Is Not Good

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. -Wikipedia


This strategy has been more known these days, especially in social networking where recruiters will tag several people showing the check payments they've received. They often invite us to join them. They want us to experience financial freedom where money works for them instead of trying hard to earn money. They will try their best to meet with us and talk to us. They want us to live a healthy and wealthy life, to take risks, and to trust the system that will bring instant money. I'm neither connected to those groups nor connected to those against them, but I want to point out things that are not really good with such kind of system.