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Board Beginners & Help
Merits 2 from 1 user
Re: MLM – a dangerous marketing strategy
by
arwin100
on 27/12/2024, 12:18:26 UTC
⭐ Merited by 1miau (2)
If the business model a good one, an MLM with clear commissions can be a viable and legitimate marketing measure, but the past has shown the opposite.
I've never been a fan of multi-level marketing (MLM) strategies. Whenever someone introduces me to a referral-based commission structure, I get discouraged. I prefer earning a fair income through direct payment rather than relying on referrals.

I'm skeptical of MLMs because they often prioritize the business's interests over the individuals involved. The model can be unsustainable, as it relies heavily on continuous recruitment. If I don't refer someone in a month, I don't earn money. This can lead to financial instability and even bankruptcy.

I'd rather advise one to work for their money fair and square than get involved in MLMs. However, if it works for you and you think it's a business model you want to pursue, that's okay. Some people prefer to try things out for themselves before taking caution. Whatever works for you is fine, but be very careful not to get hurt.

The pyramid schemes they are introducing is not really sustainable and it will end up collapsing at the end. Those who are in the bottom will be the victims of this schemes that's why I really don't like the model introduced by this MLM's scam.

I will never forget the famous MMM global which scam a lot of people from the past. That's why its better to avoid any schemes like that since they really cannot get anything from it unless they invite a lot of people and also became a scammer to earn from referrals also from this they help those top leaders to get rich to.

To many scams like this happened from the past so hopefully new investor in the scene would do a research and learn something from history so that this mistake will not happen again in present times.