This is the first post in this website about MLM, so it is best to define it first—what is Multi Level Marketing and how does it work?
If you are a beginner, you’re lucky to land here instead of browsing biased search results in Youtube. We have distilled information here, and included only those that are helpful.
For experienced MLM distributors, we encourage you to have patience, as the information here are geared towards beginners. But, if you wanna have a refresher of what is MLM, then stay for a while.
What is Multi Level Marketing?
The video that we decided to pick in YouTube and embed in here is the one done by Jeff Babener, a well-known lawyer who has a heart for MLM business.
If you are not yet subscribed to his YouTube channel, I encourage you to do so by clicking here.
Here’s his video explaining what is Multi Level Marketing:
Setting aside the negative comments of haters, MLM is a very good business model.
The Webmaster here would not go back to doing MLM business if it is a bad kind of business, there must be a reason why he keeps coming back to this industry.
Looking through a different lens not seen by others, he sees this as the most compassionate among business models available today.
In a traditional business, you go into business to make yourself rich. Here, we’ll talk about a business model that makes a lot of people rich.
But hold on…
Is This A Pyramid Scheme?
This is a frequently asked questions, and no matter how we explain this thing, a lot of people seem to have a “closed mind” they would not listen.
For those who are willing to listen, we have searched for videos in YouTube, looking for a reputable source.
We can explain through our own words here what is a pyramid scheme and how is this different from MLM. But, wouldn’t it be better if we pick a third party explanation?
Watch this video:
Okay, thanks for watching the video, and we hope that cleared some misconceptions.
But here’s another question we often encounter, a question that’s related to the previous question and the video you’ve watched…
Why Are We Recruiting in MLM?
Car sales companies are recruiting.
Insurance agencies are recruiting sales agents.
Almost every organization in the world are recruiting.
So, what’s wrong with recruiting?
If we’re just recruiting investors to suck money from, and for those investors to get back their investment they have to recruit other investors, that’s wrong. That’s pyramiding.
But with MLM? It’s like any other sales organization in the world!
Let’s supposed you were recruited by an insurance agency.
With your being good at sales, you got promoted from an ordinary sales agent, to a sales manager.
Now, as a sales manager, your sales quota was increased—double of what you used to sell.
With that, you’ve got two options:
- Hit the quota all by yourself?
- Recruit sales agents who will work under you.
Recruiting others lightens the work.
It also allows us to earn more income as MLM companies provide overriding commission (team overrides) from the sales done by those we recruited.
In Multi Level Marketing, not only you will earn commissions from the sales done by your first level referrals, you can also earn from the sales of those they’ve referred.
Hence, “multi level marketing”.
Some people in the “single level marketing” space, in the affiliate marketing space hate MLM for the reason that we are getting paid on multi level, but what’s wrong with that?
What’s wrong with getting paid not only from your first level of referrals, but also from the 2nd, 3rd, 4th and 5th?
What’s wrong with companies becoming more generous in giving commissions?
Is ENVY reigning in the hearts of MLM haters?
MLM or Multi Level Marketing is a legitimate business. It all explained in the video, we just elaborated it here.
Haters gonna hate, and they may continue to dominate the top of the search results in YouTube or in the search engines, but we cannot deny the fact that MLM is legit and is changing people’s lives.
Thanks for reading, and stay tuned for our next post here.