Ya, I agreed that most MLM companies are $$ oriented. Even the major ones, as those personnel has yet had full training, then they kan-cheong and go out to get $$. Really have to wait for some years when the Industry gets mature.
and when the MLM Industry mature so to say, what happens to those at the bottom of the system? when is it considered mature?
Mature as in the industry. It in corporates public awareness as well as community acceptance. They know what is MLM. They know what to avoid and what to look out for.
Like Insurance, we know what to look out for and not now. We have accepted insurance as a powerful tool in our lifestyle.
If you talk about big Insurance players vs small players. It is the same. The small need to re-invent themselves or find a nich to fill or they will be dropped. (As in, no one taking them up). Maturity is when our lifestyle has accepted MLM Marketing as a 'conventional' method of marketing.
also, what happens when the product goes wrong? who do we make claims from? is there any law controlling the workings of MLM? if a consumer thinks he/she made a purchase from MLM based on false impressions, can he/she seek redress? are the companies producing those products registered in Singapore?
Those COMPANY at the bottom will be phased out.
All companies in Singapore are the same. If 'normal' company has problem they've got to product recall. When MLM company has problem, also the same what.
The company need to of course be registered in Singapore. Moreover, for MLM, they need to be part of the Direct Selling Association Singapore. Screened and audited.
If you have any suspicion on some look-like-fly-by-night setups who go around woo-ing ppl to join, don't join them. They may not be registered ones.
Personally, I don't like this MLM thing, based on my own experience.
The problem with MLM here, is that the people who are involved are more interested in recruiting new members under them than they are in actually selling any product. The reason as I understand it is that they get more profits from recruiting members than they do selling products, and this just goes down the line.
If you join in late, then you have to pay those buggers above you.
The people who get screwed are those near the bottom one, when everyone else is already a member, who else is there to recruit or sell to ?
in the normal economy, companies are phased out based on fair competition. in mlm? why can't mlm operate like a normal company? a company with many sales agents who do not need to feed those on top who after awhile do nothing at all. why do i want someone who is not putting in any effort benefit from my own effort? the manager of an insurance agency put effort into running the agency and takes charge of agency's operational direction, monitor sales, makes decisions to benefit everyone in the agency. what does that person on top there do to make sure that those below do well too? come out with plans to recruit even more people so that there will be even more people below?
Wait, what do you mean when you say those at the bottom? I think there is a misunderstanding in the question here.
Is it those company at the bottom. Or the personal in the company?
(Sorry, I leaving work le, reply later)
From what I understand abt MLM. When u first join as member, u cannot recruit people under u. U work like a direct seller or buy and use their product and accumulate points thru that. Once u reach the Target points set by the MLM company, u will rise to the next level which then u can start to recruit people under u. That is when u will start to take a cut of those under u earn thru either selling the product or buy the product for their own use.
you kena con then you promote and con other people
The concept of MLM is good. However, concept good doesnt mean it's good for everyone or it will work. Just look at socialism/communism.
Anyway, there are some very successful and good MLM companies, such as Amway, Avon etc... heck, even Tupperware is MLM... They used to hold Tupperware parties..
MLM's main objective is to sell quality products at lower costs to consumers w/o having to pay for advertisement, part of profits to distributors/retailers/salesmen and channel it to the company/downline etc.. Like i say, concept-wise, make perfect sense.
MLM is not pyramid selling. The key difference? well, MLM usually involves the actually selling of products whereas pyramid selling doesnt. Thats why pyramid selling is banned.
We all know abt all the horror stories of people buying excessive goods, hardsell etc.. but think abt it, it's just greed. Those who are not greedy and contented and work hard will still succeed w/o doing those stuffs.
I am not pro-mlm but i just think people are too negative in thinking.. just like how people reacts to politics, communism, religions etc..
Argh...I remember that auntie who always pester me to buy skin care products from her!
...I $#%#@!#^& that friend bluff me to go for "seminar" and need to pay few Ks after that!!
MLM??? What is that?
I 3rd that.. My friendship with 2 former best friends turns sour becoz after they joined mlm, they keep pestering me to jon them and invest a big sum of money. When I tell them I dun have the money, they ask me borrow from my parents. When I dunwan, they insult me, say I dun have ambition, only want to work for others.. This kind of friends I rather dunwan.
take a good read, look beyond those positive emotion inducing vocabularies and decide whether it's really that good.
Last edited by eikin; 19th January 2007 at 06:04 PM.