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MLM principles
The principle of MLM or Multi-level Marketing is to make the broadest possible promotion of products or services of a company.
This method of distribution allows its registered members to earn money not only on their personal sales, but also on the sales of his team he is in charge of recruitment and training.
Each affiliate sells the company's products and receives commissions on their personal sales, sales of these referrals on several levels.
But it is so profitable and so easy that everyone lend ?
Is not he the pitfalls to avoid ?
Immerse ourselves in the world of MLM!
10 questions
Answer the 10 questions and add up all the points you receive.
At the end of the test, you can determine what type of business you are about to join, and using the knowledge you have acquired for yourself, you can invest or not in this opportunity and determine the amount you want to invest.
Veracity
Although the Internet has become an indispensable tool, it must be very critical of the information they find there since no one selected, reviewed or approved the information found in the majority of websites.
Unlike traditional media (books, periodicals, television, etc.), the quality control is minimal. However, it may be safer websites of interest by asking the right questions and using a few essential tools and rules:
The Ponzi
A system of Ponzi (Ponzi scheme in English) is a fraudulent financial structure of remunerating customer investments primarily through funds provided by new entrants.
If the fraud is not discovered, it comes to light when it collapses, that is to say when the funds procured by new entrants are not enough to cover the remuneration of customers ... and nearly 98% of the net opportunities are Ponzi systems.
Focus on this system so prevalent in network marketing.
Shared revenues
These companies believe incredible gains, but they flow in less than a year ... like all Ponzi schemes, however it is possible to get good income following the rules described on this website.
Let's look more closely the operation of these angelic authorities.
Crowdfunding
Crowdfunding is a way of fundraising conducted via an Internet platform, enabling a set of contributors to choose collectively to finance direct and traceable manner of identified projects.
The funds are usually raised from many contributors for relatively small amounts.
There are three types of crowdfunding platforms depending on the type of financing they offer: Giving, lending and underwriting of securities (stocks or bonds).
Before investing, ask about the platform that proposes the project. Those that offer loans or purchasing securities must justify authorization to practice in France.
Finally, be aware that equity investment offers no guarantees and has risks: failure of the project that you support partial or total loss of invested capital and difficulty to sell the shares acquired.
This is primarily an investment of belief to which you should devote a portion of your savings you are willing to lose.
the binary matrix
Many MLM companies use for their development a matrix system binary says
In a relationship marketing company that develops binary matrix, your network will be divided into two parts: a team on the left and right team.
Your godfather / godmother and your downline your referrals and your referrals are also dependent on this development into two parts.
What are the advantages and disadvantages of this system ?
Personal Branding
Behind this Anglicism hides all the tools for self-promotion on Internet.
How to use social networks and which favored ? What content offer ?
What mistakes should be avoided ?
Focus on personal advertising methods
Essentials
It is a bridge between your bank account and the merchant.
You feed your processor by credit card or bank transfer.
Some even offer a prepaid bank card, which provides you to connect it to your personal bank account.
You will in most cases, when opening an account to prove your identity and your home.
In addition, a serious payment processor will ensure a specific procedure you are the owner of the credit card or bank account you wish to attach.
High yield investment programs
Companies that offer these products are based in places where it is easier to escape justice as to finance such as Malta and Cyprus, and they use a lot affiliation to recruit new pigeons ..
With just a little common sense we are entitled to raise some questions about this system:
Let's take a look at their operation!
Network marketing guide
