Is it true that MLM is a scam?

uptrendfinancialsignal

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Networking marketing or mlm companies are not all scams and that is why we must understand that we must do thorough research and carefully evaluate the legitimacy of the opportunities that are presented by this company before we jump on them. Labelling all network marketing as a scam is not right because there are instances of fraudulent schemes amongst them, we also have the legitimate ones too.

 

Reedex

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I have seen a lot of people involved in network marketing and I believe that the success depends on the effort that you put in as an individual and it also has a lot to do with the integrity of the company that is involved in the network marketing.

 

uptrendfinancialsignal

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It is very funny to see how people perceive network marketing as a scam. These people do not fully understand how it works because it's a very rewarding venture to try out.

 

Reedex

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In reality, it can provide a viable business opportunity for individuals and companies but you must ensure that the network marketing scheme that you choose is thoroughly researched and legitimate.

 

uptrendfinancialsignal

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based on the experience that I've gotten over time, there are both reputable and fraudulent MLM companies. It is true that the fraudulent ones flock the market but we must be able to distinguish between them by conducting research.

 

Reedex

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let's not forget that the legal network marketing companies are the ones that operate within the legal boundaries and the also try to offer genuine opportunities for individuals as well .

 

uptrendfinancialsignal

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As strange as it may sounds, there are a lot of misconception about network marketing and this is because of lack of understanding of the industry. It is necessary to educate oneself about business model too .

 

Reedex

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Believe it or not, there are many people who have made success through network marketing and they have been able to reach a milestone due to their mindset and determination.

 

uptrendfinancialsignal

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To be perfectly honest, there are risk associated with business ventures so it does not only come with the network marketing and that is why we need to look at the potential benefits that they offer too.

 

bestwriter

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It is not a scam. I was on one such - Forever Living marketing aloe vera based products. The only reason I gave up because I could not get many downlines . Needless to say in order to pay all those who are in this business the products are sold at high prices.

 

cherry123

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uptrendfinancialsignal said:

It is very funny to see how people perceive network marketing as a scam. These people do not fully understand how it works because it's a very rewarding venture to try out.

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Oh wow are you for real. I always thought it is scam as a lot of people here that went into it here are losing money

 

nomad

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Multi Level Marketing is scam. You have to build downlines and you make money only when your downlines buy products and services from the company.

 

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People should approach network marketing opportunities with caution and skepticism, but not to dismiss them entirely as scams. There are certainly legit companies out there that offer valuable products or services and provide a genuine opportunity for individuals to build a successful business.

 

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There are network marketing that are pure scams and there are some that are not. The one that have tangible products to sell are not scam. Those ones that just require you to bring someone to register with huge amounts of money so that you can get a jeep is a pure scam.

 

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It is always wise to do thorough research and due diligence before getting involved in any network marketing opportunity.

 

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Reedex said:

I have seen a lot of people involved in network marketing and I believe that the success depends on the effort that you put in as an individual and it also has a lot to do with the integrity of the company that is involved in the network marketing.

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Network marketing is not a scam but unfortunately, the system is now corrupt in a way that there are a few people who are now caring out some dubious activities

 

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That's right, the problem arises when people within the system engage in unethical practices such as pyramid schemes, false promises of quick wealth, or misleading recruitment tactics.

 

nomad

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MLM are scams. Only a few people on the top of this MLM chain will be able to earn.

 

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It is very difficult for one to see a MLM program now that is not a scam. It always has difficult processes which are always unrealistic to the users.