Have your Facebook friends bombarded you recently with sales pitches for vitamins, kitchen utensils or dietary supplements?
Several group members said they noticed an uptick in online product pitches or recruiting activity by MLM participants.
You sign on as a distributor and buy products from the company.
But the reality usually doesn’t match the promise.
One in 13 U.S. adults have tried multilevel marketing at some point, according to a2018 AARP study.
Only one-quarter of those participants, however, made a profit.
Nearly half of the distributors lost money; about one-quarter broke even.
Of those who came out ahead, more than half earned less than $5,000.
Part of it is pocketed by the person who recruited you … and the person who recruited that person.
Still interested in MLM?
And check whether the items to be sold are available elsewhere for a similar price or less.
Finally, consider whether you want to be a salesperson.
Do you have a solid sales plan plus a internet of people who could be repeat customers?