It is my experience that people do not know what pyramid selling actually is, so here are the facts. • The term Pyramid Selling is coined when the majority of income for the company is made from the money people invest when they join, rather than from product sales. Companies that employ this strategy are no more than recruiting schemes where for every winner there is a loser. Customers are the on...ly people who can introduce profit into a business and make it legitimate. • Franchising was originally called Pyramid Selling because companies made their money based on people joining rather than customer sales so many people failed, losing their investment in the process. The British Franchise Association was created primarily to try to disassociate reputable franchisors from pyramid selling operations which had proliferated in the late 1960s and early 1970s. So you can see that Pyramid selling came out of the franchising industry and not the direct selling industry. See, you didn’t know that and neither do many others. So when the next person says, ”Is it a pyramid?” you can tell them what it exactly refers to. A pyramid scheme is simple to detect. You do this by looking at the product and by asking yourself whether it offers real value and excitement to a set customer target market? If it does not and customer sales are unlikely then the scheme will eventually be totally focussed on recruiting people and is, therefore, a pyramid. The fact that pyramid selling is illegal will not stop people signing up for these get rich quick schemes in the future. The old adage still applies, if it looks too good to be true then it probably is. When you join a network marketing company, expect and be prepared to work hard. Again, if all you are doing is passing on shopping links and the like, I do not think for one minute it will be a sustainable business. You need to join a company that has real products that have real benefits to customers, products that are consumable and require repeat monthly orders. And going hand in hand with that you need to join a successful team that is going to coach and mentor you. What type of company should I join? Choosing the right company AIM GLOBAL IS RIGHT HERE RIGHT NOW....BELIEVE IN YOUR DREAMS AND YOU CAN ACHIEVE IT..RIGHT HERE RIGHT NOW...
Posted on: Tue, 20 Aug 2013 01:43:30 +0000
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