Multi Level Marketing has been rumored to be dead. Many of the industry’s most loyal army has called it quits over the last 18 months.
What happened? Did these Personally Developed but broke in more ways then one Entrepreneur finally decide to give up on their dreams and surrender to Corporate America? Or have they found a new home elsewhere?
Is MLM really dead? I wouldn’t declare the industry dead, but wounded it is. Network Marketing’s inability or their reluctance to change has really taken it’s toll on the industry.
Many people left because MLM is still teaching strategies like chasing family and friends, attending hotel meetings, scheduling home parties. These strategies worked back in the 80’s and 90’s but in today’s world where people want to say “I’m building a home based business” and mean it and where parents rather be at soccer practice then at some hotel meeting, These strategies just don’t work.
95% attrition is too high. I know that there will always be people who will quit but I know that this number can be lowered to 80%. 15% difference in this industry would be huge for the industry. There are good people who were willing to work and had a desire but because they couldn’t attend the meetings, their upline refused to work with them. Good people who really wanted to build a business but because they did not have a great responsive warm market, their upline moved on to the next recruit.
So where have these soldiers of prosperity gone? I’ll reveal that in one second but first let me touch on one more point. People are also walking away from MLM because some MLM companies have these ridicules anti-internet rules that handcuff the distributor. These rules almost force a distributor to build MLM the old fashion way and MLM distributors are not putting up with it anymore.
So where are these people going in search of quenching their desire for success and their passion to live the lifestyle of their dreams? The answer is Affiliate Marketing via the internet. Many have figured out that if you learn the art of Online Marketing, you can write your own ticket and for some a lot faster then with an MLM program.
Many have found that as long as you learn the correct way to market, you can be earning a strong six figure income in a matter of a couple of years. The plus sign for MLM is the promise of residual income as well as passive income.. (and yes there is a difference.) Having said that many MLM distributors are now adding a few affiliate products to their MLM building effort and in the process generating huge checks while building a residual income with their MLM company.
Until next time… Take care and take charge
What happened? Did these Personally Developed but broke in more ways then one Entrepreneur finally decide to give up on their dreams and surrender to Corporate America? Or have they found a new home elsewhere?
Is MLM really dead? I wouldn’t declare the industry dead, but wounded it is. Network Marketing’s inability or their reluctance to change has really taken it’s toll on the industry.
Many people left because MLM is still teaching strategies like chasing family and friends, attending hotel meetings, scheduling home parties. These strategies worked back in the 80’s and 90’s but in today’s world where people want to say “I’m building a home based business” and mean it and where parents rather be at soccer practice then at some hotel meeting, These strategies just don’t work.
95% attrition is too high. I know that there will always be people who will quit but I know that this number can be lowered to 80%. 15% difference in this industry would be huge for the industry. There are good people who were willing to work and had a desire but because they couldn’t attend the meetings, their upline refused to work with them. Good people who really wanted to build a business but because they did not have a great responsive warm market, their upline moved on to the next recruit.
So where have these soldiers of prosperity gone? I’ll reveal that in one second but first let me touch on one more point. People are also walking away from MLM because some MLM companies have these ridicules anti-internet rules that handcuff the distributor. These rules almost force a distributor to build MLM the old fashion way and MLM distributors are not putting up with it anymore.
So where are these people going in search of quenching their desire for success and their passion to live the lifestyle of their dreams? The answer is Affiliate Marketing via the internet. Many have figured out that if you learn the art of Online Marketing, you can write your own ticket and for some a lot faster then with an MLM program.
Many have found that as long as you learn the correct way to market, you can be earning a strong six figure income in a matter of a couple of years. The plus sign for MLM is the promise of residual income as well as passive income.. (and yes there is a difference.) Having said that many MLM distributors are now adding a few affiliate products to their MLM building effort and in the process generating huge checks while building a residual income with their MLM company.
Until next time… Take care and take charge
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