When multi level marketing,Chaussures Louis Vuitton, usually referred to as MLM,Lunettes Louis Vuitton, first got started there were very few players in the field,Louis Vuitton Pas Cher. For this reason some of the first companies grew by leaps and bounds,Louis Vuitton Pas Cher.
When you are the only game in town it is easy to fill the stadium with eager fans.
The first companies had excellent products but the compensation plans were not that great. There were tremendous volume requirements and to stay qualified required one to jump through hoops,Louis Vuitton Pas Cher, so to speak. Most of these companies still exist and have not varied much from their original marketing methods.
They know that they are solid in the marketplace and all they have to do is use the top distributors to motivate new distributors with the dream of one day having a lifestyle similar to theirs,Lunettes Louis Vuitton.
The idea of multi level marketing did not take very long to catch on, however. The start up cost was small compared to other types of businesses,Chaussures Louis Vuitton. There was very little competition in the marketplace,Sacs Louis Vuitton.
Most of the new distributors back then just wanted to make a little extra money to supplement their present income and this was easily achieved with minimal effort,Louis Vuitton Pas Cher.
Some of the first companies offered household products or cosmetics and personal care items,Louis Vuitton Pas Cher. This worked out fine because people were already spending money on these items anyway. The idea of purchasing these items through your own personal business appealed to people and the growth that followed was astounding.
Just as one who plants a pretty garden can expect weeds,Chaussures Louis Vuitton; it did not take long for the Scam artist to see the opportunity to get in on the band wagon,Lunettes Louis Vuitton. Pyramid schemes started to pop up everywhere, to the point that the government had to get involved,Lunettes Louis Vuitton.
It got so bad that the public started to refer to all multi level marketing companies as pyramid schemes,Chaussures Louis Vuitton.
There were lawsuits and company shut downs in the news. Some of these con artists made off with millions and people who got involved with the companies lost a lot of money in many cases.
After having success in shutting down some companies that were clearly pyramid schemes the government decided to go after some of the big well established companies because, on the surface, they looked the same.
They attacked a couple of billion dollar companies,Chaussures Louis Vuitton. I don’t have to call the names. If you know anything about the industry these are still major players,Sacs Louis Vuitton. The law suits went on for a few years and the government lost.
These companies had the resources to hire the best attorneys and proved that they were legitimate companies and should be allowed to operate just as any other business,Sacs Louis Vuitton.
Soon after the government backed off other new multi level marketing companies started to spring up,Sacs Louis Vuitton. Most of these companies had excellent products and the concept had already caught on.
One can attend a meeting of almost any of these companies and see someone who works his business fulltime and makes a six or seven figure income.
The fact that they are willing to share the story of how they went from, “Rags To Riches,” in record time is used to inspire others to follow in their footsteps.
The fact that one can start with a few hundred dollars and have the potential to make thousands makes it very enticing. Then along comes the Internet,Lunettes Louis Vuitton. This allowed information to be transferred at a record pace.
Instead of going to a meeting to hear what the business was about, most companies have a website that gives a complete presentation,Louis Vuitton Pas Cher. This allows for record growth,Sacs Louis Vuitton.
It was like going from horse and buggy to a jet airplane. Some of the older well established companies were a little reluctant to change the way that they operated but later realized that they had no choice,Chaussures Louis Vuitton.
In the past one signed up by filling out a form that had to be mailed in to the company,Sacs Louis Vuitton.
With the Internet one could pull up the website and sign up online and be in business in minutes with their first order on the way in minutes instead of days,Sacs Louis Vuitton.
Today there are so many multi level marketing companies that it is sometimes hard to make a decision as to which one is the best to get involved with. I have heard it said that there are several hundred started every month.
Most of them will not survive two years but new distributors won’t know this until they close. I have been involved in companies that closed over the years,Lunettes Louis Vuitton.
Most of them were very courteous and sent a letter informing distributors that they were stopping operations and did not bill again and delivered all ordered products on time.
I thought that it would be a good idea to give new people to the industry a little history,Chaussures Louis Vuitton. Multi level marketing is a much broader concept. This is by no means a complete story,Lunettes Louis Vuitton. I could probably write a book about my experience in the industry alone but this will give you a short version of how the industry has come to this point,Louis Vuitton Pas Cher.Related articles:
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