Network marketing doomed? Could it really be?
At first glance a bold statement but perhaps every one of the 16 million US citizens attempting to derive an income from network marketing should be taking notice.
Just after production of THE END OF MLM video, billionaire hedge fund manager Bill Ackman and representatives of the National Consumers League announced an investigation into the way one of the largest network marketing companies — Herbalife — is operated. The network marketing industry is facing its biggest challenge to date. This is just the beginning. There will be a seismic shift in the next few years, in fact, it’s already underway with Ackman and others calling into question the viability of the industry as a whole.
As stated in the video, the network marketing bubble is on the cusp of bursting thanks in major part to the current climate. The cost of most products is just too high. Family incomes have declined and, in today’s economy, people are more frugal. They are not inclined to buy the typical pills, lotions, and potions that many network marketing companies sell, especially when those products are several times more expensive than comparable brands, purely so that bonuses can be paid to multiple layers of a leadership team.
Fewer than 1% of the people involved with the most network marketing opportunities will make any money; 99% will most often lose money!
Most people that take up a network marketing opportunity are destined to lose money from the start because of required purchases and other expenses. Distributors generally obtain their benefits not from the sale of goods or services to customers but from recruitment. And with regulators and the press now scrutinizing the network marketing business model more closely, I believe the days of recruiting a ready supply of willing people into a sales network are over.
There’s always a silver lining in the midst of turmoil. And after years of looking for a better business model, I believe I’ve found it!
I’m particularly interested in a new system that isn’t driven by a captive distributor base consuming one company’s products.
The new model is sustainable and works because it’s based on actual shopping carried out by real customers — you never have to ask people to buy things they’re not already buying and even when discretionary spending is cut back, people will always need to purchase life’s essentials; things like food, gas and clothing.
Simply teach others how to turn their everyday shopping expenses into valuable assets.
The concept is simple. You shop within a loyalty network comprised of local, national and international merchants, and receive cash back with every purchase. Refer others, and you receive cash bonuses every time they shop along with additional benefits. The money is generated by the discounts negotiated with some of the largest retailers in the world, as well as small local business’ who are willing to pay because it helps them save on advertising costs.
The global economy is changing rapidly. Technology that allows people to do comparison shopping online will not be favorable to network marketing companies pushing overpriced consumables. The systems that interest me most, will allow people to purchase the goods and services they already purchase, from retailers they know and trust, at a physical location or online, are the models destined to succeed.
CLICK HERE to learn of a system with international diversity, is adaptable to the needs of a local community and will not be adversely affected by inflation, austerity, or price controls.
As I stated, I don’t believe a better model for a home based business exists today. This international giant is certainly in the right place at the right time for today’s troubled economy.
No matter what happens, people will always need to purchase life’s essentials – food, gas, clothing etc. As a business this is the perfect inflation hedge – as prices rise anywhere in the world members incomes will rise right along with it.
This is the worlds largest and most successful shopping community and it is growing fast, so if you’re looking, now is the time to claim your market share. Thanks again, and I hope you will get back to me if you have questions.
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Yours to count on,
Click Here to work with me personally.
I hope my articles help you consider your options with a work at home business and realize the risks involved with network marketing.