The Difference Between MLM and Top-Tier Internet Marketing
The Difference Between MLM and Top-Tier Internet Marketing
Many people looking to start home-based businesses look to Multi
Level Marketing (MLM) or top-tier internet marketing, yet are uninformed
about either industry. Either option can be lucrative, however in
today's market there are many reasons to avoid MLM. The following
article will discuss the differences between each industry, and why
top-tier marketing is currently the place to be.
Products
To begin, for anyone who's unaware of what I mean by a "top-tier"
internet marketing company, I am referring to a marketing company that
generally attracts a high calibre customer... that is to say, a customer
who is genuinely serious about starting their own home-based business.
Top-tier internet marketing companies market products which generally
pay $1000+ commissions up-front (meaning you receive your commission
immediately). Conversely, MLM companies generally market lower-end
products which generate smaller incomes, and which you will have to
distribute more of to generate the same income. Typical MLM products are
health juices, vitamins, beauty products, diet products, and so on.
Compensation
In MLM you are compensated not only by how many people are in your
downline (people who you have personally recruited into the company),
but also how successful your downline is. This can be problematic, as
the attrition rate in MLM is currently 90% within the first 90 days...
that is to say that 90% of MLM newcomers quit within their first 90 days
in the business. Moreover, it would take literally thousands of people
in your downline to be generate a $10 000 a month income. Building a
downline of thousands is not easy when 90% of people you recruit leave
you within 90 days.
With a top-tier internet marketing company, you can generate a
monthly income of $10 000 with 10 customers or LESS a month. This income
is not dependent on your downline... you receive this income the moment
your new customer decides to join you (whether they decide to quit down
the road is irrelevant).
Marketing
MLM companies generally do not provide their distributors with the
best marketing training. The fact is that many of the best marketing
techniques are simply not lucrative for MLM'ers because the cost of
recruiting a new customer is greater than the income generated by that
new recruit. As such, most MLM distributors are reliant on friends and
family to join them in order to make a success of their new business.
Unless you're a fan of pitching your new business opportunity to friends
and family and trying to convince them to join you, MLM is likely not
for you.
In a top-tier company you will be marketing your opportunity the
millions online searching daily for home-based business opportunities
(not your friends or family). Moreover, the top-tier company you've
joined will train you to market your opportunity with the best free and
paid strategies. With such large commissions, many simple paid marketing
strategies which are not lucrative in MLM can produce a great Return on
Investment with a top-tier opportunity.
Cost
Some MLM'ers may like to argue that top-tier opportunities are more
expensive, which generally is simply not true. Is a top-tier opportunity
more expensive up front? Yes, but this is a one-time fee... one time,
and that's it. Furthermore, you will regain your initial investment much
quicker as you will be receiving large commissions as you gain
customers... you will not have to wait for your new customer to generate
income for you. In MLM your start-up cost might be lower, but you're
going to be charged a monthly fee to buy and ship your product. If
you're in MLM for the long-haul, these fees will exceed the one-time fee
you would have paid for your top-tier opportunity.
As a final note, if you decide to join an internet marketing company,
beware who you join... not all internet marketing companies are
top-tier, and a lot of them are flat out scams. Do your research and
join a reputable company.
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