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BHP
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Joined: 10 Oct 2008
Posts: 43
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# Posted: 21 Oct 2009 12:31
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How has this economic slump effected your mlm recruiting? Is it harder to pull people into the whole 'pay to play' when people don't have the $$ to pay? Or, has it made it easier - promising people an extra easy source of income? Just wondering...
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joanpeterson
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Joined: 29 Jul 2009
Posts: 129
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# Posted: 21 Oct 2009 12:41
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I have not noticed any decline during this economy. In fact, it makes people more charged up to find alternate sources of income.
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BobFirestone
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Joined: 1 Jul 2009
Posts: 133
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# Posted: 21 Oct 2009 14:05
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Overall the economy has helped. The downswing has shook a lot of people out of their comfort zones and made them reevaluate what's important. This isn't new it happens just about every time the economy has a down cycle.
The price of entry into most MLM's is such a low barrier. People who are serious can come up with a couple hundred dollars.
If someone is really, really desperate and won't take no for an answer I can show them how to start for $77.88 & $32.94/mo.
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FreeCashMan
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Joined: 31 Dec 2007
Posts: 267
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# Posted: 21 Oct 2009 19:45
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Marketing to build your business overall hasn't changed but there are certainly more people looking for a means to make money from home.
However, some need to understand that you aren't going to build a home business successfully overnight or instantly. But consistency and dedication can certainly payoff.
The sad part is that too many people wait for a crisis to hit before they act to do something for themselves to start making their own money.
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BHP
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Joined: 10 Oct 2008
Posts: 43
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# Posted: 4 Nov 2009 13:01 · Edited by: BHP
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Are you @#($&* serious?? It's helped!!??? I thought people were smarter than that... If you can sell people on $80 up front and $30 per month DURING A RECESSION (when 97/100 people wont even make their money back), you are a AMAZING salesman!! Congrats!
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BobFirestone
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Joined: 1 Jul 2009
Posts: 133
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# Posted: 4 Nov 2009 15:09
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YES I AM @#($&* SERIOUS!
When times are good people are not open to change. When times are bad they actively seek change.
In good times change is viewed as risky and the potential to lose what is currently OK is larger than what could be. When times are bad change is opportunity. Where there is pain there is the potential for change.
The bottom line is MLM is straight commission sales with the ability to earn commission overrides for bringing in other people who sell. What % of people do you think succeed in a straight commission sales job?
I don't know what your relationship is with money but $80 to get started & $30 a month is not a lot of money.
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BHP
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Joined: 10 Oct 2008
Posts: 43
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# Posted: 9 Nov 2009 11:34
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If MLM was straight commission, it wouldn't be mlm. You MUST recruit, and bring in other people to sell. If you are looking for a job that is straight commission, there are plenty out there, with better returns than any mlm offers.
For someone who devotes his life to network marketing, mlm will work. However, for the average person wanting an extra source of income, it is NOT a viable option for most. I'm guessing most people in a recession are fitting into the latter category. Are all of your recuits making massive money? Thought not. Are they even able to make enough money to cover the $30 per month? Are all the people they recruit able to do the same? Thought not.
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