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Fitzpatrick defines fraudulent MLM outfits as businesses in which “the profit of the people at the top comes from the losses of the latest recruits.” The numbers for Jamberry say the average sales consultant makes slightly more than $200 a month for an average of seven months out of the year. Still, there is little public data on how many consultants making that much sustain those numbers, or how many are new consultants who sign on, sell for a few months, and then drop out when their friends and family stop buying. Jamberry did not respond to an interview request. At Young Living, a company that sells essential oils, 94 percent of sellers are in the lowest tier. The average monthly income for that level is a mere $1. For sellers on all 10 levels, the annual average remains only $25. Requests for comment ธุรกิจขายตรง from Young Living went unanswered. “They have bought a story,” Fitzpatrick said. “It’s a beautiful story, a self-indulgent story, a miraculous story—that in 2017, with all its job insecurity, there is, in America, an alternative, and that alternative is not run by Wall Street or the government. It’s a kind of mass hoax. It’s a psychological sale first, then an economical sale, and the two work together.
For the original version including any supplementary images or video, visit https://www.theatlantic.com/business/archive/2018/04/multilevel-marketing-yoga-pants-facebook/558296/
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Wellness based MLM’s in particular are well positioned to help people retire with greater ease and success for two reasons. First, they create positive momentum. When people start to lose weight, have more energy, or receive compliments on the way the look, it builds momentum. They see, feel, and hear the benefits of their work paying off which encourages them to stick with the changes they are making. Second, there is a group effect. Many people struggle to develop and stick with a new health, diet, and exercise program on their own. But when they do it in a supportive community with others, it’s much easier to get through the tough days and stay on track. Furthermore, by taking better care of yourself, you are in a position to leave a better legacy than money could ever provide. This group effect also plays into the vital role that a person’s social network can have on their retirement. Studies show that being around negative, pessimistic or sarcastic people can actually be detrimental to your health. And many people can get stuck in a rut when it comes to who they hang around and associate with. Which means successful aging includes hanging around upbeat, positive people. Now this is not to say, network marketing can solve all your problems and that every company in the industry is worth joining. What I am telling you is that the network marketing model is a low cost, widely available way to replace some of the psychological gaps you can lose, and may not be able to develop on your own. It’s also important to note that while I expect there to be significant growth in the ranks of many MLM companies, there will also be substantial growth in businesses that adopt this model and its many benefits. In fact, it’s one reason I developed the Certified Professional Retirement Coach certification in conjunction with the Retirement Coaches Association.
For the original version including any supplementary images or video, visit https://www.forbes.com/sites/robertlaura/2017/07/27/can-network-marketing-save-your-retirement/