MLM Warning- High Opt-In And Group Volume Requirements
Friday, September 26, 2008 at 09:59AM It's been a great week! I hope yours has gone well. This is the season of Network Marketing and new mlms are popping up all over the internet so here is an mlm warning. Beware of mlm companies which have an high opt-in fee and Group Volume requirements.
Here's why. When it cost you over $500 to join the mlm or network marketing opportunity, you are already $500 in the hole and haven't sold a single product or signed up a single individual. The best deal is that it shouldn't cost you a single penney. The high opt-in fee usually gets you a "starter kit" that starts you on your way to more debt! More debt, is not what you are searching for. The rest of the money goes for "fast start bonuses" to your sponsor and the "heavy hitters" that are in your upline. Try and find a situation that dosn't set you up for failure through "high opt-in fees.
The other thing to be aware of is the Group Volume requirements. This is the sales volume that you must accumulate to be elgible for Group Volume bonuses. If you don't have a certain amount of Group Volume by the end of the month you don't get paid.
I wish I have received an MLM warning before i joined my first mlm. I had the pressure of maintaining my personal sales volume at a $150 of product/monthly just to accumulate Group Sales Volume. On top of that, it was a binary pay plan that required me to have a 2/3 to 1/3 ratio on my 2 legs. If you had the Group Volume in your legs that fail short of the quantity or of the ratio, you didn't get paid!
The sad fact of it is that i tried to work this system for 3 years before I figured out! Every year no matter what, I only made money on the products i actully sold. My profit was eat up in my monthly auto-ship of $150 and because my sales came from my personal volume and not a preferred customer, i never really accumulated the right mix of Group Volume to earn the bonuses. I hope someone will read this MLM warning and avoid the mistake that I made.
If you are looking for an opportunity that is FREE to join and has no Group Sales Volume requirements to get paid; visit this link: http://www.5dollarbailout.com
james b byrd
269.290.3263
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