Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. There is no expense to you.
If you’re marketing online, you see daily advertising for MLMs. You may be thinking about signing up for one of the programs.
So, what are the recent shifts in MLM?
There are low-cost products, a simple recruiting system, and a high percentage of affiliate products.
Although pyramid schemes resemble MLMs, MLM is a legitimate money-making business model. So, what are the differences?
Pyramid Schemes vs. MLM
Both operate with the same structure, although it comes down to sales versus recruitment in the compensation plan.
The FTC (Federal Trade Commission) states that MLM will pay you based on your sales to retail customers, without having to recruit new distributors. A pyramid scheme relies on the continuous recruitment of dues-paying members to keep afloat, even if members are required to continue buying the products they may not be able to sell.
After doing your due diligence, you might want to consider other ways to bring in income instead.
What is MLM?
MLM (Multi-level marketing), also known as direct selling and network marketing, is a business model for selling products directly to purchasers using independent sales representatives.
Usually, MLMs have a detailed compensation plan that outlines exactly how these upline and downline relationships work and how distributors get compensated. These plans explain recruiting and sales commissions, and they define requirements members must meet to be eligible for compensation. These are usually expressed in minimum sales targets and numbers of new recruits.
There are hundreds of the old MLM companies still around and many people are still making money from them. That’s because they signed up when those were startups, within the first two or three years after they launched.
So, again, what are the recent shifts in MLM? Check out the current best MLMs.
What are the current best MLMs?
If you want to go ahead with MLM, the following are touted as the best five new companies for 2023-2024.
1. LIVEGOOD
LiveGood is one of the fastest growing. Their products include CBD supplements, dietary supplements, and beauty products.
2. APL GO
They carry lozenges and drops with propriety health benefits. It is a Acumullit SA technology that is revolutionizing the wellness industry.
For motivation, they have travels, promotions and motivating events, technology that is one of a kind and exclusive for their products, six options for starting your business, and 15 kinds of bonuses.
They also have 24/7 support and a step-by-step plan and a nice website, webinars, videos, etc.
3. PAWTREE
Although Paw Tree which has been around since 2018, got off to a slow start, it has been making up time.
They obviously offer pet supplies for cats and dogs. There’s a full line of supplies plus supplements.
4. IX GLOBAL
This is a learning-based MLM. They are leveraging today’s most addictive trends such as health, productivity, fitness, spirituality, etc.
You get training, from the top experts in the area that most interests you, from brilliant minds who know how to encourage and impact. You’ll see speakers from all different global stages.
5. IGENIUS
This MLM is about financial markets and investing practices. You’ll get an education and tools for cryptocurrency equity and forex markets. There’s live training and market research provided by experts and it’s easy to follow along.
You should just watch this one for two or three years before jumping into this network marketing business.
In summary, research indicates that older MLMs are not so profitable and not the way to go.
When considering an MLM company, remember the low-cost products, simple recruiting systems, and the high percentage of affiliate products in recent MLMs.
Most importantly, you should get in during the first 2-3 years.
Before getting into MLM, explore your own strengths and what needed service you can provide to others. There are inexpensive ways to start and you can create a very sustainable and ethical income avenue without the headache of a garage full of products you can’t get rid of.
What Are the Recent Shifts in MLM?
by Rahimah Sultan
Advertising Disclosure: Marketing Success Review may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. There is no expense to you.
If you’re marketing online, you see daily advertising for MLMs. You may be thinking about signing up for one of the programs.
So, what are the recent shifts in MLM?
There are low-cost products, a simple recruiting system, and a high percentage of affiliate products.
Although pyramid schemes resemble MLMs, MLM is a legitimate money-making business model. So, what are the differences?
Pyramid Schemes vs. MLM
Both operate with the same structure, although it comes down to sales versus recruitment in the compensation plan.
The FTC (Federal Trade Commission) states that MLM will pay you based on your sales to retail customers, without having to recruit new distributors. A pyramid scheme relies on the continuous recruitment of dues-paying members to keep afloat, even if members are required to continue buying the products they may not be able to sell.
After doing your due diligence, you might want to consider other ways to bring in income instead.
What is MLM?
MLM (Multi-level marketing), also known as direct selling and network marketing, is a business model for selling products directly to purchasers using independent sales representatives.
Usually, MLMs have a detailed compensation plan that outlines exactly how these upline and downline relationships work and how distributors get compensated. These plans explain recruiting and sales commissions, and they define requirements members must meet to be eligible for compensation. These are usually expressed in minimum sales targets and numbers of new recruits.
There are hundreds of the old MLM companies still around and many people are still making money from them. That’s because they signed up when those were startups, within the first two or three years after they launched.
So, again, what are the recent shifts in MLM? Check out the current best MLMs.
What are the current best MLMs?
If you want to go ahead with MLM, the following are touted as the best five new companies for 2023-2024.
1. LIVEGOOD
LiveGood is one of the fastest growing. Their products include CBD supplements, dietary supplements, and beauty products.
2. APL GO
They carry lozenges and drops with propriety health benefits. It is a Acumullit SA technology that is revolutionizing the wellness industry.
For motivation, they have travels, promotions and motivating events, technology that is one of a kind and exclusive for their products, six options for starting your business, and 15 kinds of bonuses.
They also have 24/7 support and a step-by-step plan and a nice website, webinars, videos, etc.
3. PAWTREE
Although Paw Tree which has been around since 2018, got off to a slow start, it has been making up time.
They obviously offer pet supplies for cats and dogs. There’s a full line of supplies plus supplements.
4. IX GLOBAL
This is a learning-based MLM. They are leveraging today’s most addictive trends such as health, productivity, fitness, spirituality, etc.
You get training, from the top experts in the area that most interests you, from brilliant minds who know how to encourage and impact. You’ll see speakers from all different global stages.
5. IGENIUS
This MLM is about financial markets and investing practices. You’ll get an education and tools for cryptocurrency equity and forex markets. There’s live training and market research provided by experts and it’s easy to follow along.
You should just watch this one for two or three years before jumping into this network marketing business.
In summary, research indicates that older MLMs are not so profitable and not the way to go.
When considering an MLM company, remember the low-cost products, simple recruiting systems, and the high percentage of affiliate products in recent MLMs.
Most importantly, you should get in during the first 2-3 years.
Before getting into MLM, explore your own strengths and what needed service you can provide to others. There are inexpensive ways to start and you can create a very sustainable and ethical income avenue without the headache of a garage full of products you can’t get rid of.
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