Welcome to the True Talk Café Podcast Ep. 12 - MLM: Is it Legit?
What is multi-level marketing (MLM)? The term marketing (MLM) refers to a strategy used by some direct sales companies to sell products and services. MLM encourages existing members to promote and sell their offerings to other individuals and bring on new recruits into the business. Distributors are paid a percentage of their recruits' sales. New recruits become the distributor's network or downline and are, in turn, encouraged to make sales to earn money.
Although it is legal, multilevel marketing is often controversial. One problem is pyramid schemes that use money from new recruits to pay people at the top rather than those who perform the work. These schemes (and the people behind them) take advantage of others by pretending to be engaged in legitimate multilevel or network marketing. You can spot pyramid schemes by their greater focus on recruitment than on product sales.
Show agenda:
What Are Some Red Flags to Look Out for an Illegal MLM Pyramid Scheme?
Guests:
Conclusion
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