MLM for the gullible

[SpringIsComingAlways]

MLM everywhere on social media...living my own life selling tat @bossgirl

Apart from people at the very top is MLM just aimed at gullible people recruiting more gullible people?

YABU all type of people join MLM and make shedloads of money

YANBU it's just for gullible or vulnerable people

In case anyone doesn't know MLM is multi level marketing.... getting others to sell products you sell, like a pyramid with commission to those above you in the scheme...think YouNique, bodysuit, fake perfumes, smelly candles, make up that is ridiculously overpriced due to commission, etc etc..... they come and come and spread as much as covid

Life insurance has always had an MLM element to it, in that salesmen profit for years from the policies they and their underlings sell, controls have been tightened in later years, but it is still necessary to be very wary when buying insurance.

@LivingDeadGirlUK

Oh cool, I don't have a TV so if anyone can sumarise that would be interesting.

You can watch it here:

www.itv.com/thismorning

There’s a formula that shows that if pyramid selling worked in the way that say it does, then after a very few levels you would have reached everyone on the world.

Any maths geniuses know what it is?

@ProfessionalWeirdo thank you for the link!

[quote LivingDeadGirlUK]@ProfessionalWeirdo thank you for the link![/quote]
en.m.wikipedia.org/wiki/Pyramid_scheme
Wikepdia goes over the basic models which can be used to estimate the levels. But in the first example with each individual recruiting 6 individuals withing 13 levels you would have gone beyond the population of the planet.

Oops sorry ment to reply to Hermione there

A friend of my family started selling scents of essens before Christmas, my sister & I felt obliged to make some purchases. Quality was average but packaging was crap, wouldn't gift it to anyone. I guess people will try it once so at the beginning it is easy to get sales, but then it tapers off and the seller needs to keep investing in new products to try to encourage people.

Other one I see going around is a book scheme, where you send 1 book to someone and then get 12 in return. Simple maths would tell you it can't work.

[quote LivingDeadGirlUK]@ProfessionalWeirdo thank you for the link![/quote]
You're most welcome. The report starts about 45 minutes in. It's quite short but pretty punchy.

There seems to be another form of MLM spattered all over Facebook, the 'life coaching' huns who use phrases like 'intuitive transformational' coach, to help you find your 'inner goddess'. The daughter of a friend of mine is trying to set up as an 'inuitive coach' and her page is full of photos of her and bullshit 'inspirational sayings'. But then the daughter is also being coached by some 'life coaching mentor' who charges hundreds! I checked out the mentor's page and she believes in The Human Design and 'The Law of Attraction.' I asked her if she thought that people who lost their jobs because of the pandemic should just ask the universe for money and she blocked me.