What Is Network Marketing? | Real Home-Based Business Model Or Perfect Wealth Scam
Network Marketing is probably more commonly known as, and referred to as, multi-level marketing, or MLM. Many different companies use this business model and is considered legitimate business in all 50 states by the Federal Trade Commission. These businesses also traverse a very wide array of products or services. Anything from household cleaning products to Prepaid Legal Services. Some of the companies you may have heard of are Amway or Quixtar, Univera LifeSciences, MonaVie, and the aforementioned PrePaid Legal Services.
Where many of these businesses fail is in complying with their own business model. These businesses are required to have a certain percentage of their overall total volume to come from retail sales. But in most cases these products are not competitively priced against the retail market, or are just not useful. In the end, most of these companies turn a blind eye to the fact the nearly all of these distributors volume is coming from personal consumption within their downline. This basically amounts to just re-selling the business opportunity over and over and over again, with no realistic possibility of retailing any product.
They also fail the distributors themselves, by promising the world but sometimes not delivering. Most often these businesses involve recruiting and sponsoring huge numbers of people to achieve the wealth that has been broadcast. Even at this point, possibly making good money, doesn’t offer you the freedom you were looking for because now you must work even harder to maintain the bottom end of your business from becoming frustrated or disinterested and quitting. This does not mean that I think this is a bad business, because I do believe this can be achieved, but I think one needs to do a little homework or research to find the right kind of home based business to make money from home that works best for that person.
There are companies out there, multi-level marketing companies that offer compensation plans that pay you for what you do, and not by have to build an army of volume. Global Resorts Network (Gold Crown Resorts) offers a compensation plan that pays large commissions, has a product that has been retailed for the last twenty years, and with their perpetual leverage pay plan it won’t take you years to see a substantial increase in your bottom line.
Lastly, do your homework, and make your final decision considering all factors without being “wowed” into a business opportunity too quickly. Good luck in all of your endeavors.
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- Tim Cottingim
- Cottingim Enterprises
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