The Return of MLM Scams
As many of you may well remember, pyramid schemes were big some twenty years ago. However, instead of being referred to as pyramid schemes nowadays, they’re being called MLM scams.
Essentially Multi-Level Marketing, or simply MLM is a new form of pyramid scheme and of course, they should be avoided like the plague. It’s important to realize that only those who are at the top actually make money, while for those at the bottom, it’s virtually impossible to make anything. If you really want to make money online, then you’d be far better of to steer well clear of these scams.
Essentially, with a MLM system, there will be a single company or person right at the very top of the ladder who then uses external affiliates to market their product or service. The person who is second from the top will then forward all business on to the top person in exchange for commission.
As this second person expands his customer base, all the money being made from sales they generate, ends up with the person or company at the top. In order for you to qualify for any commission, you would first have to purchase the goods or service yourself. Only then would you be able to receive commission from any sales you generate.
The usual result of these MLM scams is that people at the bottom end up purchasing more products and services than what they actually require and as such, they lose money. In theory, they should be able to recover these costs simply by getting more people to join but unfortunately, this rarely ever happens.
While you are not a traditional salesman, you are effectively filling the same role, with the only difference being, you’ll end up spending far more than you ever make.
Please, if you want to earn real money online, avoid these scams altogether. Instead, rather look for an honest way to earn money, such as online typing jobs. Providing you know how to type, and you have enough experience to find your way around on the internet, you can earn an attractive income based on how much you work.
Heather C. Jones also blogs about working at home. Go and read more about MLM scams.
Article Source: http://EzineArticles.com/?expert=Heather_C._Jones
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