When someone heard “MLM”, they may think about money games, or about how to get money from collecting people under the network that they make. In fact, there are also some people who attached MLM to the investment which is also considered as a fraudulent business. But actually, as the name (Multi-Level Marketing) this word is defined as the concept of product marketing done in stages.
But in spite of it all, we as a society in general that may be offered to follow the mlm business then we should know which mlm business is true and the one that only deceives? So, there is no misunderstanding from mlm business and the public, therefore it will be good for you if you can check the website of the company, then it will be better if the company has a good review such as LifeVantage Review that serves to monitor the development of the business. The existence of it can be ascertained that mlm business is quite modern and not including fraud business. Besides, you should also pay attention to these 3 things before you decide to start mlm business, here they are!
1. Stacking of Goods in Warehouse
If the upline forces buy goods worth hundreds of thousands or millions of dollars, immediately avoid, because most likely the product will not be sold and will only meet the warehouse.
2. Claims that Being Rich is Easy Without Work
This is the wrong mindset in business. Nothing instant to get rich. Never let go of the situation and just want the instant thing without trying.
3. Low Overhead and Distribution Costs
MLM does not need to allocate large funds in marketing to attract customers. Marketing funds are diverted into commissions for distributors who market products to customers. The company provides commissions for distributors based on the number of products sold.ased on the number of products sold.
