Internet and Network Marketing Scams
Everybody knows that if it sounds too good to be true. it probably is. Yet for every internet network marketing success story; you'll find a corresponding tale about somebody getting their fingers burned. In recent years network marketing's sound name has been tarnished by scammers, and when the financial stakes are high it's often difficult to know exactly what you're being sold. Before you invest in any network marketing scheme, ask yourself the following questions:
What's in a product?
The fact that there actually is a product to begin with is a good start. It shouldn't come as a surprise to learn that genuine multi level marketing opportunities rely on genuine products. However, a surprising number of people still confuse reputable MLM with morally dubious pyramid schemes. The most obvious difference is that pyramid schemes tend to rely on 'recruitment' (rather than sales), which means you'll have to convince other's to part with their hard-earned cash if you ant to recuperate your initial outlay. You don't need a PhD in mathematics to see that somebody's going to be left short-changed.
What if I don't believe in the product?
If you don't believe in the product; the chances are that n0body else will either. Unfortunately the scammers are getting increasingly savvy and have begun to 'dress up' pyramid schemes as network marketing opportunities by incorporating worthless products. Don't be fooled; ask for a product sample and test it thoroughly before investing. After all, the shortest route to success is to build up a network of customers who want to buy form you again and again. It's also a good idea to check the returns policy to see if unsold products can be returned and reimbursed.
Will it make me my first million?
Internet network marketing is a potentially lucrative marketplace, but very few people make the mega bucks promised in the advertising spiel. However, a reliable MLM network with a solid product base could prove a welcome bonus to your monthly pay check.
Can I trust the company?
When it comes to business partnerships it's essential to know exactly who you are getting into bed with. Do as much independent research as possible and read any testimonials with a healthy degree of scepticism. Make sure that the marketing company has a physical address and not just a PO Box number. And finally; don't be afraid to phone and ask about their trading past and financial forecasts.