Breaking news ! attention network marketers
BREAKING NEWS ! Attention NETWORK MARKETERS
With the recent FTC action against Vemma and now Herbalife… it is absolutely clear that Network Marketing’s "past" will not be its future.
Virtually every company in the industry is currently or about to be illegal. Every single MLM/Network Marketing/Direct Sales and Top Tier company will have a lot of work to do to get ahead of the compliance changes that are coming to the industry.
Looks like companies will either adapt, collapse, or be put out of business by the FTC…
For further information Google Herbalife and the FTC reach a settlement.
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Won't cause a problem....WA and Affiliate marketing are good places to be...especially now...
Followed you..
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MLM, Network Marketing, Direct Sales... or what you wanna call it, is here to stay.
I'm Working with a Direct Sales company from Scandinavia, which I started on last year September 2016.
We are having an average of 50% growth annually since the company started in 2005.
In 2005 the EU made a new directive for Network Marketing. This works as a recommendation for new laws in the member countries. the essence in the directive is that more than 50% of the commission paid to salespeople, should come from customers outside the commission system.
In other words, this means more customers than partners.
The company I work with was the first to implement the EU directive, making it impossible to earn money, without having far more customers than partners.
About 70% of the customers are from outside the company and other companies in the industry will probably begin to implement the same strategy.
The company started out in Scandinavia and has now grown to 34 countries and opening up for India next year and the rest of the world within 5-10 years.
If you ask me MLM (I prefer to call it Direct Sales) is here to stay.
One of the reasons is, that if it is a good company, you get quality products, good training, personal growth and a community of positive people lifting each other up.
For me, I went from anxiety 1 year ago to standing on a stage in Globen, Stockholm last week with 4-5 others in front of 4000 people from around the world to receive a recognition price...
That's what I call personal growth.
For me, the journey has just begun and I'm aware of, that this is a long-term project and I'm so glad that I found WA to help me on my journey ahead.
I started in WA when I was looking for a way to learn how to promote my direct sales company online, which have been a dream to learn for years.
With WA I actually have a duplicable system to teach those who want to promote online and build a team... that's multiple income streams.
Cheers,
Jasser