Multi Level Marketing (MLM) - Truth Revealed

BusinessMarketing & Advertising

  • Author Donna Fielding
  • Published February 15, 2009
  • Word count 1,396

I am going to talk to you about affiliate marketing or what is most commonly know as MLM – Multi Level Marketing.

For those of you who have not heard of MLM it is considered the best way to make money online although I have to say this method has received a lot of stigma over the years namely from those people who never made money from them and quit.

The fact is that 70% of people that TRY MLM programs usually quit within 2 months of joining and are usually for the same reasons, that they never made any money.

Truthfully those people were probably told they would make a small fortune in a very short period of time but sadly the person that introduced them was only interested in signing them up and failed to explain how to build a successful business.

To build any business successfully will require hard work and should be treated as a full-time job although this is not permanent it is necessary to build a solid foundation in the early days.

Sadly most are not presented with these facts so I guess you cannot blame them for quitting or even giving the MLM opportunities a bad name.

There are 3 main reasons to be able to succeed in any MLM program which I am about to share with you and in my opinion are key to success.

• The Right Program - You need to find the right MLM program that is low cost and offers the best compensation plan.

• The Dream – This has to be one of the most important ingredients because if your dream is big enough you will do whatever it takes to achieve it.

• Support – You need support with anything that is new especially from those who are already successful and are willing to help you succeed.

Ok now let’s look at these 3 key reasons in more depth to help put things into perspective.

The Right Program

Now although there are a lot of MLM programs on the internet it is important that they are an established company, offer an excellent compensation plan, provide tools to help you build your business and have a product that most people want and need.

GDI or Global Domains International are in my opinion the only MLM company that offers all of this and for only $10 a month.

Now one thing you have to realise is that if you want to work online from home and be successful in any business there will be some cost attached to it. Although GDI offers you your own business, product and unlimited income opportunity for only $10 a month plus you can try it for 7 days free.

So lets break it down and see what you get for your hard earned $10 a month.

• Web Hosting

• Your own domain name

• 10 email addresses

• Web site building tool

• Access to the GDI Forum

• Tools to promote your business

• Unlimited income opportunity

As you can see you get your own website, the tools to build it and can be active online within a few short hours but what’s more incredible is you can earn money too.

So who are GDI and how do I make money?

Global Domains International, or GDI, was founded in 1999 by Michael Reed, CEO and Alan Ezeir, President who both recognized another opportunity that was largely ignored. The dot com boom that was so popular back in 1995 reached its peak around march of 2000. What Michael Reed and Alan Ezeir wondered was if there were other available extensions that businesses could use as a domain name. They ultimately focused on the domain extension .WS, which belonged to the tiny island nation of Samoa, deep in the South Pacific. They were able to execute a deal with Samoa stating they had to produce 15,000 registered domain .ws extensions in 3 years. Well they accomplished that goal in GDI’s 1st month of business and the rest as they say is history. In the 2002 Special issue of Inc. magazine, Global Domains International placed #37 on the Inc 500 magazine’s "List" of the USA’s 500 fastest growing private companies and #5 in the state of California. If you have come across any .ws adresses on the internet you can rest assured that they have been registered through Global Domains International, as GDI has single handedly captured the market share for the .ws extension. But what really puts the icing on the cake is the amazing business opportunity they have incorporated in to the equation.

So now let’s talk about how you earn money.

For every person that you refer to GDI you will earn $1 every month for as long as that person remains a member.

That person that you refer – for every person that they refer to GDI, you will earn $1 every month for as long as that person remains a member. This continues down for 5 levels.

So even if you only refer one person, but that one person referred 50 people, you would earn $1 for each of those 50 people. If those 50 people referred just 1 person each, that’s another $50 per month you’d earn.

Remember though, as I said earlier you only get out of a program what you put into it. You could very easily get someone in your downline that could refer 50 people and that would be great, but you might not, so don’t just rely completely on your downline, especially in the beginning, try to refer a few people.

Let’s look at an example of the sort of income you can earn with GDI.

If you referred 10 people and those 10 people referred just 5 people each, and those 5 people referred 5 people each, and so on for 5 levels. Your monthly income would be $7810.

Sound Good???

Well that’s not all, GDI also offer a weekly bonus scheme of $100 for every 5 people you personally introduce. So for example if 20 people joined your business you would be paid $400 for that week and best of all there is no limit to the amount of people you refer. If you were to do the same every week that would an average of $1600 a month which for a lot of people would replace their job salary.

You may be thinking it sounds too good to be true or how can I refer 10 people, I don’t know 10 people that would be interested in this.

Well its not too good to be true, there are people earning even more than that with GDI.

As far as referring people GDI offer the tools to help with this however as I mentioned previously support in this business is key to your success from those who are already successful.

The Dream

To be successful you need to have a reason or a dream this could be a few hundred dollars a month to begin with or a new car.

What I have found is that people fear to dream because they don’t believe it will happen. It has amazed me being around this business how quickly people underestimate themselves and what started out as being a dream of making a few hundred dollars a month turned into buying their dream home cash.

This business offers so much its about people helping people and the feeling of knowing you have helped others take back their lives is priceless.

Support

Most people that join MLM programs have little or no experience on how to build a successful business and sadly quit before they even get started.

Having support from those who are already successful in this type business is by far priceless and it amazes me that so many people do not grasp this when inviting people to join.

After all the core of all MLM businesses is helping others to succeed which in turn helps you succeed.

Failing to grasp this simple concept and not put in any effort will surely lead to failure and again these types of people will only end up hopping from one opportunity to another but never finding success.

So there you have it an honest opinion on Multi Level Marketing which I hope this article has helped you in your pursuit for financial freedom

Donna Fielding is a successful network marketer with GDI. Click the link below to watch a video presentation on the GDI opportunity and the 7 day FREE trial and see if Global Domains International is the right choice for you.

To View The GDI Video Presentation Click Here

Article source: https://articlebiz.com
This article has been viewed 809 times.

Rate article

This article has a 3 rating with 10 votes.

Article comments

labatterie
labatterie · 13 years ago
Because uplines relied on selling the dream at a high volume and never appropriately calibrated short-term expectations for new players.

jane
jane · 15 years ago
I think the reason why so many people quit is because of the high expectations and lack of proper MLM trainings. Stong willpower and determination is crucial too!

David Treanor
David Treanor · 15 years ago
Hi Bobby, Thank you for your honest comment. If you are involved in a home business too i thought you might appreciate a helpful link which has changed my approach in this industry. I wish you all the success in the world. Enjoy

BobbyP
BobbyP · 15 years ago
Very true. You can't hope to get rich in two months without working. The high attrition rate is, in large measure, because uplines relied on selling the dream at a high volume and never appropriately calibrated short-term expectations for new players.

Related articles