Tag Archives: MLM

Are there Common Denominators?

16 Jan

MLM or Drop Shipping

I recently heard someone say that MLM and Drop Shipping were in the same category. While there are indeed some similarities they are actually different. I am going to do a short comparison for fun.
While I love MLM and the fact that it is truly one of the easiest ways to start a business from home with the least amount of upfront dollars, it is not that easy to maintain those steady high incomes unless you are a rock star with 100 customers! So, what I am saying is do not enter into MLM lightly. Expect to WORK at it every day. If you can do that, you can succeed.


Drop Shipping is Hugeness on overload since the pandemic with COVID19! So many businesses that were strictly brick and mortar are now finding that to survive they have to go online. This makes your job equally as difficult as starting out in MLM. You will have to WORK at it and make sure your ‘online store’ is attractive, easy to navigate and trustworthy. For many people who do not understand the process, this could be harder than doing a live video presentation of your MLM products.


Before we move on and do the actual comparisons another thing to consider, which applies to both MLM and Drop Shipping, in my opinion, is you have to love your products or your chosen niche! If you don’t absolutely love, love love what you do and what your products can do for others you may not survive the initial work-really-hard part.

I am talking about people who are just like you and me, not those seasoned marketers who know how to set up funnels, lead pages and up-sells ( oh how I hate upsells!) and can sell anything because they know how. NO! I am talking to you. The person who actually gives a damn.


And yes, I have tested some of these sites and boy was I disappointed in the products I got. Total junk but they knew what they were doing and they were selling boat loads of the stuff without a care about their customers or re-orders. They had no intention of sticking around long enough to get any re-orders! Well, not for that product anyway. Have you ever ordered one of those two for one kinda deals especially around Xmas time? Yup!

Let’s Get to that Comparison StuffI am going to bullet list the comparisons for each one to make it easier and a quicker read.

MLM

MLM Today
  • low cost to get started
  • no inventory to purchase or stock
  • website and back office at minimal cost
  • company ships direct to your customer
  • support offered to all customers and members
  • one time or ongoing orders…optional in a lot of cases
  • to get paid you will need to meet monthly quotas/personal orders
  • products directly related to the niche… weight loss, beauty etc.
  • you can market on social media sites as well as friends and family

Dropshipping

Dropshiping
  • low costs to get started
  • no inventory to purchase or stock unless using Amazon
  • company ships direct to your customer
  • support is offered depending on the platform you choose to use
  • monthly costs will vary depending on your chosen platforms $0 to $100 is common.
  • orders can be one time or optional
  • less product and suppliers when you have chosen one niche.
  • perfect for the NFF Club. ( no family no friends left)
  • your marketing will be targeted to your niche

Exceptions

As you can see above, they are indeed similar. The exceptions come at the end of each model and the monthly costs. I think it really comes down to you and how comfortable you are with sharing/selling your wares and what you can comfortably afford to spend as you build your business. A few good questions to ask yourself:

  • Are you comfortable with approaching your friends and family?
  • Are you good with cold calling strangers or messaging strangers about your products? They say if you are 100% IN and you love love love what your products have done for you and your customers then it should be no problem getting yourself in front of hundreds of thousands of people on social media.
  • are you cool with not taking rejection personally?
  • are you cool with building a team? Recruiting others to join you…
  • is this model affordable for a few months ( give yourself 3-6 months as you build?

If you are not, that is okay too. We are just doing the comparison model here. But if the above is really not you and you know it…like you just cannot for any amount of would be profits get in front of your phone and record a live video or do a home party, then perhaps the Drop Shipping Model is the better choice for you. So much comes down to personality and where you are most comfortable.

Here is what you can expect from Drop Shipping:

  • U will work solely on your own
  • you can join some of the Drop Shipping groups on FB for feedback as you begin
  • build out your store ( website ) at your own pace ( or have it done for you at a cost)
  • choose a niche you love to share and chat about ( a blog on your site is helpful )
  • marketing on Social Media platforms using target markets ( Facebook is great for this)
  • no monthly or weekly meetings or home parties to attend.
  • you will have to tend to your store daily…keeping an eye out for sales and products no longer available or sold out. In short, stay on top of things and make sure it is all running smoothly. A couple of hours daily should be good.
  • can I manage the monthly costs without any sales as I begin my marketing efforts with advertising & platform costs such as Shopify & Sprocket? ( at least 3-6 months )

I found that giving myself a time-line to make those sales really helps. You have a target to reach and if you are not reaching it then you have some decisions to make and some hard questions to ask yourself.

  1. Did I really give it my best shot?
  2. Did I do everything I could to make it successful?
  3. What could or should I have done differently?

These kind of questions apply to whatever your choice is. MLM, or Drop Shipping.

Is There More?

Yes, but for today I didn’t do a comparison for Direct Sales here as it is a bit different. Usually and without any pandemics in the picture, Direct Sales involves buying a kit when you sign up and a home party plan is used as the platform for sales rather than individual/one-on-one sales. This is a great way to have a home business as well, just can be a bit more costly with that kit purchase, but you may have more leeway when it comes to monthly quotas and sales. This can prove to be very helpful if you are doing your home business as a hobby or part-time.

Again, it comes down to you and your personal preferances. I hope this gave you some insight or at least a few questions to ask yourself before you begin any new adventures. Listen to your ‘gut’ and those first initial reactions when seeing a potential home business idea for the first time. Follow that lead and you will probably be right in your choice.

Please be sure to leave us a comment or a question below. We love reading your comments and a reply is always promised. Perhaps you have tried one or the other or maybe life got in the way and now you are not sure which way to come back. Did you try MLM and your sponsor ditched you? Do you find it hard to work completely on your own? Let us know. Isn’t MLM one of those Pyramid thingy’s?

And that’s what we call A WRAP for today! I Hope you enjoyed reading this post as much as I did making it.


A Scam…Pyramid THINGY!

27 Aug

Have you ever heard that MLM is a Scam, a Pyramid and isn’t/cannot be profitable for anyone in 2020? Well…They lied to you.


Here’s the catch; it just got more competitive and needs a little more smartness. And a whole lot of those MLM networking companies are getting some of that smartness. There is nothing Scammy about Multi-Level Marketing! Only the way it is presented. And the best part is some, very few actually, are starting to get it right. YES! Finally, a few are getting it!


Not having to build a team that is 100 legs wide and 50 deep AND for sure not having to “sign up” just to use the products! Heck NO to that! And what about some decent commissions coming at you? How many times have you tried this MLM kind of stuff only to find yourself on the losing end? I have and the biggest dilemma was the monthly required $$ costs to keep on going and the number of people you needed on your team, working as hard as you to even see a few dollars never mind break even. Yup. AND you start over every pay period or month? Like what the blank is that?


But here’s the thing. Once you get this in your blood, working from home, and especially if you are a social person who loves working with people, interacting, and helping others succeed then it is hard to walk away forever! You might take a break from it like myself and others did, but eventually, if you keep you are open-minded the right company and product will appear.


Before we go any further, I recently read a book that I highly recommend, especially if you have been like me and tried and tried and tried then just said, nope. Quitting on this model now, let’s try a different route. I want to share a short caption about Network Marketing and what it really is all about.


Here is a short excerpt from Jordan Adler’s “Beach Money”: Creating your dream life through network marketing. His book is available on Amazon in the kindle version as well as hard books. It is one of the most compelling and down to earth books I have read and I promise you, you will see yourself as you begin reading. I did so I know you will.


The Excerpt


“I have been around the networking profession for years and I have never seen any ONE person build a large team on his or her own. I have seen many people find a few people and over time turn that group into thousands. When thousands of people each set out to find one or two people each month that can create substantial growth and income!”


“I don’t know when momentum started for me. It might have started when I signed up my first “business builder”, or when I decided to be a leader or the day that ten people joined my team, or when my monthly check exceeded $10,000 for the first time. Or it may have happened when I was recognized for having a monthly pay increase of $3,000, or when my annual income exceeded $1 million.”


And that friends, is from Jordan Adler, who just kept on keeping on! His 12th company!! So if you have doubts or can’t imagine this happening for you, I think you should get his book(s). Personally, I have seen many doing this and I just happen to be on a team that is leading the company and my upline is seeing $30,000 months! For real. So if they can, I CAN and so CAN YOU!! ( And just so you know, because I thought that at first…they brought in a huge team from another company, but I was wrong! It is momentum and consistency!) And now you know the other reason I get so excited about what could be for you and me!

My Eyes Opened Wide

It did for me and I want to prove to you that it still works. Actually, I want to not only prove to you that the system is not totally flawed but that there are products that actually do exactly what they say and they are working not for just a handful, but hundreds of people. I will share a couple of those with you here in another post very soon. Oh, what the heck…let’s see just one awesome change shall we?


What is really important for me is that It works for me! I just can’t in all honesty be promoting something that doesn’t! It is like you need to see it first hand and then you know. That is just who I am and I guess for me it is just more important than the $$’s I could make if I was pretending. And yes, I have tried a few, and pretending wasn’t something I felt good about. Hopefully, you feel the same!


By the way, being skeptical is a good thing too. Don’t let anyone tell you otherwise! It is always best to err on the side of caution. I have jumped in with both feet thinking the water was deep enough only to find out very quickly that I had made an error.
What I know for a fact, are the products I am standing behind today do work. They are bloody amazing in so many areas of getting your body back into a healthier state. And for me, that is huge as I have had some major health issues to deal with.

While my supplements are not necessarily helping directly with those two major issues there are other things happening that I am over the moon happy about. I seriously cannot make any medical claims but let’s just say I have never felt this good in years! You can check out that part of what happened to me that brought my life as I knew it crashing down around me in my other posts in the Blog Roll.


But Here I Go Again getting all excited and ahead of myself. This post was to be only about MLM and those that think the Pyramid is such a terrible thing and all MLM’s are bad or scams. Speaking of a Pyramid did you know it is one of the longest and strongest standing structures in the world? And here is another way of looking at this so-called-pyramid everyone is afraid of.

How Easy is this M.L.M. Stuff?…It’s NOT


You will need the PPC’S…Patience Persistence & Consistency but it is the most rewarding experience EVER!!
Another way to look at this is through the eyes of the person looking to create an income/ business from home with little to no capital to invest. I covered some of this in an earlier post, you can read it here * Network Marketing, and specifically Multi-Level-Marketing, is the easiest and least expensive of any venture to start from home. So as to having money to start, this is easiest by far.


You don’t have to make your own website or buy a domain name with hosting to do this. You don’t have to create the products you sell or find someone to make them. It has all been done for you. Do you need to take specific training to do this? Nope! It is set up so that anyone can do this and anyone can succeed. The two biggest factors to failing in MLM, in my opinion, are:

  1. Our Govt’s are structured in this fashion
  2. The store that you buy your groceries at is this structure.
  3. Our school system is the same….

And I could go on and on, but here is the thing. In all systems, there is one (usually just one) head person or figure at the top. Let me ask you a question? Does the janitor of the school get paid the same as the Principle? No. Does that same janitor have the same responsibility as the Principle and is the janitor held accountable for what goes on with students and the staff in the school?

No. Right, and that is why the principle gets paid more.


Take a minute and watch this video. It is short and sweet and explains things so much better than I can when it comes to network marketing and scams or pyramids. https://youtu.be/zZiw15VgWoI

1. How the company’s marketing plan is structured and how and how much they pay you.

2. The products. Quality over quantity! They must work for others. They must help someone.


In my humble opinion, the products must work and they must help someone. This is paramount to success along with your mindset and getting the help promised from the person who sponsored you!! Too many complicated things can get in the way and then you can’t figure out for the love of money why you seem to be going in circles. Simplicity in your marketing, sincerity in your voice, and sharing results and honest to goodness leadership is all that is really needed in any network marketing company.

If you can do Simple then you can do this! Can you follow three steps?
  1. Use your products
  2. Share results ( a picture speaks a thousand words)
  3. Follow Up!

Who wants to see another one of those that speaks a thousand words? I thought you might. This is just in a few short months and the only addition was water. And this is actually just the icing on the cake for so many. If you want to see more just shoot me a note via an Email or in the comments.

Who Pays Out 50% Commissions?

What Are You Nuts?

I know of only one so far that is actually paying a commission on the actual real dollar that your customer spends. Not on the Cv or PV or BV or whatever it is called in your back office. But the actual dollar! How does 50% sound? I know, unheard of. And we are talking on the actual dollar spent!!

Here is an example; Let’s say you have a customer and their product purchase is $100.00. You would get paid $50.00 every time your customer purchases! Every time! Not just that first order. Pretty huge I would say.


And another is the Binary pay plan. Now, these can get downright complicated and that is scary for a lot of folks and I get that. I personally prefer simple as learning those pay plans was never my strongest suit. I just love people and finding products that seriously work and can help them with so much more than just health. But this one, the one I chose, has only two legs! One right and one left with a bunch of bonus plans in-between. I am in heaven!!…and it gets better!


Now, how about getting paid every WEEK!! And you don’t have to do a re-start back to day one!! You just keep on keeping on. That is how many companies are structured. I know, I was in one. This is the kind of ‘New structure’ I am talking about when it comes to Network Marketing and MLM.

And last but not least, you can just be just a customer if you choose! You do not, I repeat you do not have to sign up or be on some auto-ship thingy to get and use the products. I have a good friend that didn’t want to do the business building part and when I told her she didn’t have to and that she was in complete control of her orders she said: “That sure doesn’t sound like an MLM!”

Here is where it is happening


And one last little piece of advice if you are in network marketing now or looking to get started is that you make sure you are not relying on others to make it or break it and stop doing everything for them! Instead, teach them some simple steps and then rely on YOU and YOU only.

It is a known fact that people will join you, but the chance that they have the same dreams and goals you have are slim. So, the smartest thing you can do is be the guide and set an example.


Showing how and keeping it as simple


It is a challenge, there is no doubt about that. You will have days that are over-the-moon exciting and you will have days that drag you down. BUT, if you love your products and you know you have something that is going to change lives then you just get yourself back up, dust off what is dragging you down, and keep on keeping on!


Like I said earlier. This is in your blood! You will I’m sure, have a love/hate relationship with it, but my guess is that LOVE comes out on top every time! Not happy with where you are at or perhaps you are not experiencing what you had hoped for with your products or choice of company?…then my friend, CHANGE IT! You are only a failure if you quit altogether and choosing a new path is not quitting…it is taking care of business!


Wishing you the very best in all that you do. Leave me some love in the comments or reach out if you would like to know more about what has me so excited about Network Marketing again.


Now, that’s a wrap for me today…

Merry C