Network Marketing Scams and How to Avoid Them
Tips for avoiding network marketing scams…
Why do we get involved in network marketing? We get involved because we want financial freedom, a better life for our families, the freedom to do what we want when we want, be our own boss, fire our boss, take luxurious vacations, and much more.In the pursuit of freedom there are many companies out there to choose as our vehicle, but not all companies are created equally or legally. Let’s take a look on how to tell what a scam looks like.
Marketing Scams #1: Get Rich Quick.
There is no such thing as a free lunch and making money in network marketing takes a lot of time and effort at first until you build a large downline and have leverage. Companies that promise overnight riches just by singing-up and not having to take action are scams.
Marketing Scams #2: No Training.
Legitimate network marketing companies care about their distributors success and they know that not everybody knows how to market and promote a business. Successful companies provide sales training, marketing training, recruitment and rentention training, and much more.
If you come across a network marketing opportunity or are involved in a company that doesn’t provide training chances are it’s a scam.
Marketing Scams #3: No Mission Statement.
A network marketing company that does not have a mission statement should throw up a red flag. All legitimate companies have a mission statement. Do not join these network marketing scams.
Marketing Scams #4: No Support.
Legitimate companies occupy a physical building with actual real people anwering phones. If you can’t get a hold of a company or you get a answering machine stay away they are scammers.
Marketing Scams #5: Direct Sales Association.
Honest, legitimate network marketing companies are members of the Direct Sales Association. Only scams that have something to hide are not members. You can tell if a company is a member by looking on their website for the DSA symbol.
Marketing Scams #6: No Consumable Product.
This goes without saying if there is no physical consumable product to purchase then you are involved in a marketing scam. If you have any moral standard you will not join or promote a company that doesn’t have a consumable product. You should report that company to the Better Business Bureau.
Marketing Scams #7: No Compensation Plan.
Legitimate companies have a well defined compensation plan that explains in detail on how you will be paid and what percentages you will be paid. If a company can’t explain how you will be paid or doesn’t have a compensation plan stay away from them it’s just a scam.
To learn more about marketing scams and to get a free report follow the link in the resource box