MLM also means “Multi level Marketing” (scheme). It’s basically a scam. Herbalife was one of such companies that used this methodology of scamming.
MLM scams work like this:
Hey, we have product X. Buy this product from us and become a distributor. You can ask other friends and family to sell this for you or you can sell it yourself! You have total control. You set your own work hours, yada yada yada. Buy 1000 items of product X from us now!
Quite a few people I knew growing up got caught up in this Herbalife nonsense. They used to buy a lot of their product (which was a meal replacement powder to allegedly help for weight loss) so that they could become distributors.
So what’s the difference between a legitimate company looking for a distributor and a company running an mlm scam? A company looking for a distributor has its real income flowing through actual consumers. An mlm scam has its income coming from such so called “distributors” down the road, who buy the product from other distributors so that they can distribute it further.
Many of the folks I knew who were in this Herbalife thing eventually had to consume all the product they bought themselves lol. Herbalife got rich in the process.
MLM = Men loving men.
MLM also means “Multi level Marketing” (scheme). It’s basically a scam. Herbalife was one of such companies that used this methodology of scamming.
MLM scams work like this: Hey, we have product X. Buy this product from us and become a distributor. You can ask other friends and family to sell this for you or you can sell it yourself! You have total control. You set your own work hours, yada yada yada. Buy 1000 items of product X from us now!
Quite a few people I knew growing up got caught up in this Herbalife nonsense. They used to buy a lot of their product (which was a meal replacement powder to allegedly help for weight loss) so that they could become distributors.
So what’s the difference between a legitimate company looking for a distributor and a company running an mlm scam? A company looking for a distributor has its real income flowing through actual consumers. An mlm scam has its income coming from such so called “distributors” down the road, who buy the product from other distributors so that they can distribute it further.
Many of the folks I knew who were in this Herbalife thing eventually had to consume all the product they bought themselves lol. Herbalife got rich in the process.