... i.e. Multi Level Marketing.
MLM is a form of sales business. It is a worldwide version of the sales promotion marketing. It is sometimes translated as multi-level marketing or network marketing.
The aim of the site is to present...
The essence of the multilevel marketing system is that sales are made by sub-contracted salespeople or networkers, through personal purchises or recommendation to acquaintances. In essence, sales are made by a network of independent product distributors, based on a multilevel relationship of interest, which delivers the product or service directly to the consumer.
The idea behind MLM is based on the recognition that a satisfied consumer of a product is likely to recommend the product to others, and is therefore personally and directly involved in the sale.
On this basis, as a referrer, he is entitled to a certain remuneration for the products he 'sells'.
If his customer, following his own purchase, successfully recommends the product again, and consequently purchases and consumes it again, the persons who recommend the product are entitled to a commission, and the original recommender also receives a commission share of this commission.
In this way, a successful individual who has built a multi-level consumer-seller network can earn a substantial income.
There are about 200 MLM companies on the market in Hungary. Each of these companies has many, many business builders, and in this small country alone there are hundreds of thousands of MLM practitioners, so it is likely that everyone will meet at least one MLM in their lifetime. But it doesn't matter which one! Unfortunately, many people don't understand this business and are or have been doing it very badly.
Because of them, people have developed various misconceptions about MLM. Let's look at the most common misconceptions and their refutations
I will help you to make a good decision when you meet an MLM company, when someone calls you as an MLM sales associate. Here are some points to consider when making a decision.
For more information on any of these topics, please contact us using the contact details on the Contact page.
Forever Living Products has been on the market since 1978. Since its foundation, it has been present in more than 160 countries. Join a company with a proven background and track record.
It is important for the network to offer an existing product that is marketable and in demand. Forever has nearly 200 products that can be used day-to-day.
Forever's pricing and bonus system are linked. You can take advantage of the wholesale discount on your first purchase, but there are also other discounts, which I will be happy to show you.
Joining Forever is free of charge. A minimum net purchase of €55 per occasion is required to qualify for the wholesale price. No obligation after registration.
There are different prices, and which one you buy at depends partly on you. However, there is one constraint that applies to everyone: to qualify for the wholesale price, you need to have a minimum net basket value of €55 per occasion.
Almost all of Forever's top lines run regular training sessions, but the company itself places great emphasis on creating continuous learning opportunities. Consultations, trainings, newsletters, books, publications, audio materials, etc. support our work. You can read about training regularly on the News page or even on "X" (formerly Twitter)
It is very important to have someone to help you in the initial steps, to show you the ins and outs of building a business, to explain the products. At FLP, the top line has a vested interest in the success of the bottom line in many ways. Choose a sponsor you know, someone you can "get on the same wavelength" with.
Forever always pays you exactly, and the commission is set in Euros! Do you know any other company in Hungary that pays European salaries and transfers them to employees' accounts every month with pinpoint accuracy? You don't even have to start a business.
Forever is proud of its long-standing membership of the Direct Selling Association (DSA). The DSA "branch", which is also present in Hungary, has a total of 12 members. These 12 companies have committed to uphold and enforce the code of ethics in Hungary.
You can build a business in any country in the world, you can have customers. FLP is present in more than 160 countries and in all of them the marketing plan, the accounting and of course the products are the same. It's like one big family.
...because we don't like conteo, stupidity, gossip...
MLM is one of the best "screening" jobs, because you can find out pretty quickly if someone doesn't put in the effort. The formula is simple: if you don't work, you won't get a commission next month. This is not the traditional employee sector, where you can dither between two paydays...
It's true in that he certainly has a lot of experience in building a business, knowing the products. He can use that experience but the mere fact that his registration number is in single digits will not get him a single petak more commission.
The pilot game is dangerous and illegal because it distributes commissions to new members who join, without any consumer purchase. If there is no product or service behind the deal, then quickly leave the person offering it! And pyramids do exist, mostly in Egypt... By the way, isn't the classic corporate hierarchy a pyramid?
Only do this if you already earn more from the network than from your main job (your main source of income) and it provides a secure living.
This is work! It's a lot of work to build and run a network well and thoroughly, you'll have a more flexible schedule but you'll still have to adapt to your partners and attend training courses if you want to keep up.
MLM is not a "home office", you have to come and go a lot, be around people. In most networks, it is recommended to go to meetings, trainings, conferences to keep up with things and it is just as beneficial to have a good and well-groomed appearance as in a traditional business.
Everyone's attitude to money is different. It is a matter of subjective judgement as to what is too much or too little for each person. The price of products and the entry fee varies from network to network (Forever, for example, has no entry fee). It is also possible to start a business quickly, at a cost of around 270,000 HUF, which is far less than the start-up capital needed to start a traditional business.
Don't judge people on how much money they have in their pockets and don't let them judge you on that either. If someone does, think about whether you'd be happy to work with someone who only cares about money, not people.
You may have many friends, but not all of them may be open and curious about what you have to offer. Your closest friends and family may not be the most enthusiastic. In fact! Many times a semi-stranger or someone referred by someone else will be more enthusiastic and persistent than your close acquaintances.
If you really work for a business and earn income from it, you will be taxed in the same way as in the world of the regular employee or contractor. Check the current laws before you invoice!
For someone it really is. It's a question of personality. Some people invest time, money and energy easily and make a lot of money almost effortlessly, while others do it with bitter struggle.
For some people, sure, but it's a very good conflict management, failure management and very patient job. A lot of people say no - especially to the older types of networking and the so-called cold calls. It takes everyone a different amount of time to find the 'n' number of really enthusiastic and persistent business partners that you need to do good business. Good business partners are those who are more able to cope with the difficulties inherent in the nature of the work, such as: possible rejection, backtracking, personal disagreements.
You may not ask for it and you may not be as successful. You may need a completely different set of qualities in the area in which you are successful, and it may not be to your advantage in this business.
Not everyone is able and willing to copy and follow others faithfully, to be a master. This also requires a high level of trust, in most cases a rule-following personality and commitment. In addition, only a very good and experienced, informed, ethical sponsor, who is really worth following and copying, but not without reason. Human intelligence is there to filter out the irrational. Don't copy and blindly follow anyone or anything. Don't be afraid to ask questions, to consider if you must.
Resilience and adaptability do not equal weakness of character and impressionability. People of strong character and solidity do better, and are more "resilient" in this type of business.
Don't do it by accident! Intentional or unintentional misleading, misinformation, or lack of information can harm you and others, and lead to mistrust. Be honest in every respect. Don't allow important information to be withheld from you just to go to a meeting, enter a store or make a purchase.
First of all, cheapness/expensiveness is relative! They may be cheaper than other products of similar quality, but they may not be for everyone's wallet. How much someone spends in their lifetime on certain expenses depends on their life situation and individual thinking.
The days of the "throw me out the door - climb through the window" agent are over. No need to convince anyone, shove the product down their throat. You do better with genuinely enthusiastic, open and interested people. Spend your time with those who are interested in the opportunity, go for the easy hit, using the "hundredth monkey" principle, you might win over the tougher people over time once they see how well it has worked for others.
No. Leave the selling to Forever. You have your own well-established production, supply, warehousing and distribution systems. All you have to do is to credibly recommend the product and show the ways to buy (warehouse, online, home delivery...)
Unfortunately, you can still hear this nonsense sometimes! The word of the sect leader is the command, and everyone carries it out without a second thought.