Why Product-based MLM distributors are doomed to failure
My name is Calvin Smith. I am founder and CEO of the New Oil
Barons, investment MLM. I was an Amway distributor in the 1970s and
learned the hard way, that I was nothing but a customer for the
company's over-priced products. I tried a couple of other MLMs with
similar results.
Now I see that no product-based MLM is worth a dime as
an income opportunity for anyone other than the company itself.
MLM
products purchased at outrageous wholesale prices are impossible to
sell at their suggested retail prices and still make a profit. Not only
is the wholesale price too high, most states now require that sales
taxes must be paid on wholesale purchases and, with the addition of
shipping charges, there's very little incentive for trying to sell
product to non-participants.
To check this out, representatives
from ten MLM companies, including Pharmanex, Quixtar (Amway), Melaleuca,
Shaklee, Usana, Isagenix, Sunrider, Herbalife, Arbonne, and Neways were
asked by an MLM investigator for the prices of their “best reasonably
priced formulation of multi-vitamin, multi-mineral products, with
antioxidant protection.” The average cost per month of the ten separate
products was $61.22. Wholesale prices were about the same after taxes
and shipping are added.
Then, ten health food retailers
were asked for prices on similar products. Their average cost was only
$11.52 per month, including shipping. Can you see why these companies
are hated by the 99% of their failed distributors?
As a
double check for this article, I compared the price of Amway's glister
toothpaste to that of Colgate, Aquafresh, Crest, and Aim, and found
Glister 2.4 times higher than Aquafresh - their closest competitor.
The
only MLM product I have ever made money with was the laundry ball. It
was new, innovative, and exciting. I made $15,000 with it in three
months, but then 60-minutes labeled it a fraud and it quickly died. In
spite of all my negative experiences though, I have continued to believe
in the power of networking.
So when crude oil dropped from
$150/barrel in 2014, to $28/barrel in Feb 2016, I felt that I had to do
something to give ordinary people a chance to cash in on the obvious
fact that oil would go back up again...and I have been proven right. It
is rising fast already.
It took me three months to devise our unique
new investment system and it is now ready to roll. It is a multilevel
system similar to an investment club, based on rising oil prices, with a
generous double currency, 10-level payment plan.
The idea is to
give ordinary people the opportunity to buy large quantities of oil for
nothing but a membership fee of $25 per month. There's nothing to buy,
nothing to sell, and no actual investment. All that's required is to help us grow a huge membership.
Now
for the first time ever, there is an almost cost-free way for the
ordinary wage-earner to grow wealthy over the next few years. But we
need people like you, with the experience and marketing expertise to
help us grow quickly before crude prices level off again.
Please check out our website at http://thenewoilbarons.ca and join me in this exciting new venture.