Archive for the Category ◊ A Network Marketer's Experience In The MLM Industry ◊

18 Feb 2009 A Network Marketer’s Experience In The MLM Industry

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As I began my journey as a network marketer, I recognized many pitfalls using the Tradition MLM Network Marketing Strategies..

Spending money

(Pitfall 1)As a distributor, I had the upfront cost of becoming a distributor. (Pitfall 2)I had the cost of buying products to sell. (Pitfall 3) I had to get the customer to buy the products. (Pitfall 4)Once I got my customer base, I had to shipped or delivered the products to the customer. I had to do some type advertisement. The advertisement included buying leads(OLD) from your upline, cold calling or buying paper advertisement.

One of the promises that I was told by the upline(top 1%), I would have the privilege of financial freedom.  All I had to do was build my distributor and customer base consistently every month and I would achieve that goal. Also, I was told if you do it once it would last a lifetime.

Not true.

The upline never told me about the high attrition rate. What is attrition rate; the distributor and customer base would come back every month to buy products. By the attrition rate being so high, I never had a consistent check. The check would fluctuate everyone month.

(Pitfall5)One of the things I had to do was stay consistent with was buying the products every month to continue to get my check. Regardless, if I sold the products or not.

Stored products

Guess what, when I look around there were thousands and thousands of dollars of products around, that I couldn’t sell because the products weren’t a necessity. So in turn, I had a bill I couldn’t pay because I couldn’t sell the products fast enough to reap a profit.

However, today I’m happy to say  that I didn’t fall into the MLM Failure Myth because I had some who cared enough to open my eyes to my surroundings…

Now, if your seeking for someone to personally assist you through the difficult times, I encourage you to take action and understand why Traditional MLM Network Marketing Strategies just doesn’t work for all.

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