BEWARE OF PYRAMID SCHEMES posing as a legitimate MLM

[oninrocks]

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unsa diay ning Pyramid Schemes? parehas rani sa Networking?

pareha ra gyud na bro.

[yokam]

unsa diay ning Pyramid Schemes? parehas rani sa Networking?

Yes it is, but strictly speaking, it's not. Networking or MLM is a very broad term and that includes both legit MLMs and the illegitimate ones (pyramid schemes).

Pyramid schemes relies on recruitment, thus, more recruits means bigger network and that spells greater income. But the drawback, it's so shortlived, the market gets saturated immediately, and no more repeat orders (because there's no order in the first place). Legit MLMs on the other hand is pure business and that is, there's exchange of goods, in other words, there are products. The distributor's income is based on the products sold individually or by the group (depending on the marketing plan). This is designed to last long because of the repeat orders of the products.

[oninrocks]

Not really. It's pyramiding if the main source of profit is from recruitment, but if it's based on product movement, then it's not, it's legit. A good example is FLP, it's top distributors still earn even though they're not inviting people to join the business anymore.

I won't be surprised if pyramid schemes or "quick-rich" schemes will surface out once again, it's going in that direction once again.

sakto ka bro kanang mga companys nga based on product movement mao na ang legit nga deli recruitment ang saligan para maka income.

[pijavier]

Yes it is, but strictly speaking, it's not. Networking or MLM is a very broad term and that includes both legit MLMs and the illegitimate ones (pyramid schemes).

Pyramid schemes relies on recruitment, thus, more recruits means bigger network and that spells greater income. But the drawback, it's so shortlived, the market gets saturated immediately, and no more repeat orders (because there's no order in the first place). Legit MLMs on the other hand is pure business and that is, there's exchange of goods, in other words, there are products. The distributor's income is based on the products sold individually or by the group (depending on the marketing plan). This is designed to last long because of the repeat orders of the products.

well said yokam. well said.

[jonz]

i love this MLM industry, nadaot dyd ang industry tungod annang mga scam

[leo_trams]

unsa diay ning Pyramid Schemes? parehas rani sa Networking?

Ponzi scheme gyud na orig ana bro...
then...late 70's upto early 90's...diretsahan na ang tawag, Pyramiding.
then sikat na man kaayo to..aw, notorious na man kaayo to ang term nga Pyramiding...
gi taga-an nila ug medyo new name kunohay, Networking. Duda ko, gihulaman ni sa pag-uso sa computer networks, Networking.
unya naa man daw sila produkto nga gi push...ah, MLM na ang tawag.
Multi-level marketing na daw.

With MLM, they now try to hide the "actual pyramiding scheme"....downline, upline, binary, left, right, center, middle hehehe
Sa mga wala kasabot o sa mga naglibog o nag yango-yango lang o those who pretend to know...MLM is not pyramiding.

[pijavier]

Ponzi scheme gyud na orig ana bro...
then...late 70's upto early 90's...diretsahan na ang tawag, Pyramiding.
then sikat na man kaayo to..aw, notorious na man kaayo to ang term nga Pyramiding...
gi taga-an nila ug medyo new name kunohay, Networking. Duda ko, gihulaman ni sa pag-uso sa computer networks, Networking.
unya naa man daw sila produkto nga gi push...ah, MLM na ang tawag.
Multi-level marketing na daw.

With MLM, they now try to hide the "actual pyramiding scheme"....downline, upline, binary, left, right, center, middle hehehe
Sa mga wala kasabot o sa mga naglibog o nag yango-yango lang o those who pretend to know...MLM is not pyramiding.

Correction lang ko bro. MLM is not trying to hide the pyramid scheme. MLM answers the mistakes of the Ponzi scheme.

kung walay MLM wala nalang sad untay franchising... wala nalang sad untay mga branching of companies...

MLM is very different.

ang maiulad sa pyramiding, wala ga research and nailad lang or nagpa ilad.

[leo_trams]

Correction lang ko bro. MLM is not trying to hide the pyramid scheme. MLM answers the mistakes of the Ponzi scheme.

kung walay MLM wala nalang sad untay franchising... wala nalang sad untay mga branching of companies...

MLM is very different.

ang maiulad sa pyramiding, wala ga research and nailad lang or nagpa ilad.

mao ba bro?
gi pa apil ko ug friend ug usa ka seminar...ilad-ilad man to kay wala man siya sulti naa diay seminar. Nakigkita ra to siya nako kay "tsika-tsika" lang daw mi, pagkahuman namo ug snacks gidala dayon mi sa iya "office" kuno....siya ang presentor....hmmm...MLM man to iya topic....the future kuno...ang tanan will be veering towards MLM, successful daw siya tungod sa MLM...pakita product-makaayo kuno ug mga sakit, pakita daghan tseke, new car, ni-resign kuno siya sa iya "management level position-multinational company" kay nindot gyud ang MLM....hmmm, no problem...pero after a while(days)...magtawag tawag na pud kay MLM lagi kuno...unya ipa member o recruiton ko niya sa ila MLM..toink!...naghisgot man ug membership fee + products...maayo unta ug 1peso lang...asus! libo-libo man pud! double toink gyud!

Duda ko bro, you are into it. So unsa man diay ang MLM?
unsa nga product imo gi market o gi multi-level?
tagpila man pud ang imo pinaka-barato nga producto?
where man na office sa imo MLM?
unsa name sa imo MLM company?

[knockout]

pareha ra gyud na bro.

ahh maoba.
thanks.
wala diay ni problem, depende ra tingali sa products. ahehe.
maayo baya ning ilang marketing plan.
basta wise buyer lang gyud ka. mao mana reality.
labi na kanang mga health products.

[leo_trams]

ahh maoba.
thanks.
wala diay ni problem, depende ra tingali sa products. ahehe.
maayo baya ning ilang marketing plan.
basta wise buyer lang gyud ka. mao mana reality.
labi na kanang mga health products.

dili ko motuo ana health products labi na ug gi MLM/Network/pyramid...

mao lagi na nga ang tag 1piso nga puso, tatakan ug brand nila, dungagan dayon ug mga testimonies kunohay...mahimong 10pesos na.
ako auntie bro, sila man to main distributor or upline ba tawag ana sa usa ka known kaayo nga MLM/Network/pyramid product sa usa sa dakong ciudad dinhi sa Visayas...daghan to sila ug products(food supplements - they dont call them medicines kay mo alma ang BFAD)...nga makaayo kuno ug sakit, daghan testimonies(kuno)...sila mismo sige ug patronize sa mao nga products nila...hmmm, gilupig man sa diabetes....nag-complicate pa.

gi recruit ko adto nila...wala ko mohatag ug money, ni buy lang ko ug product nila (discounted - pero mahal gihapon)....pila kaha to ka litro ako nahurot nga aloevera gel o juice o extract ba to kay mao daw to ila best selling unya cure all or pinaka maayo with matching testimonies pa in print sa mga naayo na daw....asus! usa ka baril na gyud tingali to ako nahurot, wa gyud maayo...nisamot hinuon...TOINK! unya naa na pud lain product ila gi introduce kay mas maayo daw....wa nako ni buy. dili tingali ko wise buyer bro...hehehe