Network Marketing Scams
3:01 pm in Work At Home Business by Rodger
Network Marketing Scams
Network Marketing Scams Overall
The overall scam in network marketing is about the sales process which new recruits are taught in every network marketing company. Only about 3% of network marketers actually make a living at it. That means that 97% of those who are recruited are destined to fail at it. And this is only one of the network marketing scams in the industry.
Network marketing scams: Recruiting with warm prospects
This is one of the most glaring and blatant network marketing scams. New recruits are taught to make a list of friends and family. They take this list and ask the people on that list to get on conference calls and go to demonstrations with them. These people on this list already know, like, and trust the recruit. So, they are willing to tolerate this inconvenience of their time and energy. But, they almost never are interested in the product, the company or the opportunity.
Here is why this is one of the network marketing scams. The leaders know that only a very small percentage of these warm participants are going to sign-up. Their new recruits are taught that this is the way to build their downline and very few will be interested. And, because the quests to these events are not interested and are inconvenienced, they lose some of their “know, like, and trust” feelsings for the person who brought them to the even. These problems make this situation top the list for network marketing scams.
Network marketing scams: Recruiting with cold prospects
Here is another of the network marketing scams. After a new recruit has exhausted their “warm” market, they are taught how to start finding prospects in the “cold” market. This is the point in the process when the next large group of new recruits fail.
They are taught how to find prospects using a variety of methods. The first one they are usually taught is the one the company recommends. Most often, this is so outdated that it only works by accident. the next one they are taught is the one their successful leader is using (because they are the ones who are training the others). It turns out that this one works only because of the particular personality of that leader. When others try it it doesn’t work because they don’t have that kind of personality.
It goes on and on with many different cold prospecting methods being taught and being failed with. This mess accumulates and represents a confusing set of network marketing scams, because most people do not have the personality to perform those kinds of procedures and succeed at them.
Network marketing scams: In Internet integration
A more subtle set of network marketing scams is involved with how network marketing companies provide Internet access to their sites for their network marketing distributors.
The first applications the company puts on the Internet are adminstrative things for the distributor. This includes checking on the status of orders, downline, commissions, etc. . . It also includes things like letting a prospect sign up as a distributor. But, one of the network marketing scams is that as the distributor, you are not able to have our downline in your own autoresponder, so you could maintain contact with your downline separate from the company communications.
But, the really important aspects of providing an online method for prospecting and giving you the way to provide rapport-building autoresponder messages to your prospect list is also missing. These are things that are so easy for computers and Internet applications to do. The companies don’t yet know how to translate the old downline building manual processes to an autopilot Internet application. For me this is another example of the network marketing scams the companies are involved with.
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Rodger Bailey, MS is using a solution to these network marketing scams. This approach helps a network marketer by attracting prospects who are eager to join a successful program and who wants to learn what is needed to succeed at network marketing. It also teaches an Internet-based solution which builds a list of prospects and then establishes rapport with them so that they know, like, and trust you. This is truly a solution to get around these network marketing scams.