Wednesday 20 January 2016

Truth About MLM



I recently went to an job interview which wasn't so pleasant and I'm here to share about these companies dealing with MLM.

As you all know, Multi Level Marketing aka MLM aka Pyramid Marketing, is a structure that when the lowest level earns any income, the top levels receive commission from it. I have found MLM executives trying their best to sell something to a point that they are being annoying and irritating. I have many MLM friends and I heard so much about it. The reason I went for the interview is to experience it myself rather than just judging these companies based on word of mouth.

Some of the MLM companies include Long Fa, Ascentia Group, Sunshine Empire and many more if you search it up.

Firstly, whatever I say here is solely based on my personal opinion. If you think I'm bias against these companies or find fault in the things I'm about to say, I apologize beforehand.

So, these companies offer admin/sales related jobs with attractive pay and short working hours about 8-10 hours per week and 2.5k salary but in fact, you might not even earn a single cent. At their interview, they will brainwash you about how good their companies are and how many of them are so successful and that I am able to drive a BMW by the age of 25. They asked what is my goal in life and that my Diploma and Degree cert is useless because their company promised to make me rich. They even promise me if I manage to hit a certain quota, I will be entitled with impressive job titles such as Marketing Manager, Director or Sales Manager. There are people in the company that are 23 years old they are a Director. REALLY?

After agreeing to undergo a second interview, I am asked to make a payment of more than $2,000 SGD to "invest" in their stocks and turns out, there is no basic pay or hourly rates and such. It is purely commission based. I think it is unfair as there are people out there that are more comfortable drawing out a monthly salary than commission based. AND I think it is only right to indicate on their job postings as not to waste our precious time going for speeches or interviews to only be disappointed.

The products they are selling are not commonly used as well. Example, Venture Era sells water purifier that cost around $3000-$4000? This is exactly why there are people who are not earning any single cent for a few months because there is no basic pay. There are health products and beauty products too. They claimed that their products can cure diseases, diabetes or high blood pressure. These youngsters that got poached in, will try to sell these products to starting from their family and relatives then to friends. They will keep pushing and pushing because they are so hungry for the commission.

Being in MLM, one will be bound to run out of contacts. Most of their friends will shun because of their pressuring tactics. So when they run out of contacts, they will start hiring new people in, and generate income from the sales they manage to clinch. The cycle will repeat and repeat itself.

To sum it up, I have no hate against these companies as there are really people who are really successful in this line, but personally I do not like the way they recruit people. They lie by promising you this and that and making the job sound so easy but it requires really really hard effort. Getting 2.5k from 10 hours per week sounds too goof for me. Getting your own office or own car if you hit sales quota, but how many can actually hit the unreasonably high quota? I know many of my friends dropping out from school just to work full time in MLM companies. End of the day, they can't even support themselves. I know there will be successful MLM people hating on this post but this is MY opinion. Feel free to share your own opinion if you think otherwise. Cheers. Lastly, Thanks DayumNews for accepting this submission.

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