MLM For 2009
January 12, 2009 by admin
Filed under General MLM
Wow, a new year, a new President, taxpayer money from Congress to bail out big businesses and banks - how much did you get? Well, if you’re not a CEO, you probably are in the same financial situation you were in this past year. If your pocketbook is still strained, then it’s time to increase your income without trying to find another job or investing time and money you don’t have - Multi Level Marketing!
Wait a minute, selling catalog junk to your neighbors and alienating your friends with sales calls? Wrong. Multi Level Marketing (MLM if you’re a pro) simply gives you the power to market products that you and your friends, colleagues, grandma, already use.
The difference is that You Make Money. (Did you read that correctly?) By providing the word-of-mouth approach, manufacturers aren’t paying a warehouse and distribution network to get their products to market - they’re paying you.
If you are already thinking about how much time this will take, you’re ready to understand the best part of MLM - as you develop other’s interests in the products, they can sign up to market as well, and you earn a percentage of their sales as well. This is called residual income, meaning you get paid through your network’s efforts, not just your own.
Okay, how much does this cost me, you ask? Most MLM plans require you to do one main thing - change your spending habits. Rather than purchasing through your local store (the one owned by the corporation that got your tax money - thanks Congress!), you purchase items through your network. You’re not spending more money, you’re just re-directing it. And, your goal is to get others to do the same.
Most networks have a nominal processing fee to set up your account, and possibly purchase some basic marketing materials. No, you don’t have to draw against your upside-down mortgage.
MLM or multi-level marketing is a common-sense approach to redirecting your spending habits that results in a net gain in your income. You have the freedom and flexibility to invest as much or as little of your time as you please. As you build your network, your income increases through recruiting more distributors.
Most importantly, you aren’t borrowing against your limited assets to fund your efforts. In a depressed economy, MLM gives you the unique opportunities to increase your income without increasing your financial risk.