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Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies - Business - Nairaland

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Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by bros12345: 2:56pm On Oct 13, 2013
As at my last count, there have been well over 50 MLM or network marketing companies in Nigeria. Many have gone completely obsolete while many are barely just there.

Chances are many will still come and go.

Nigerians seem to never learn from the outcomes of these companies. They will always join the latest one in town. Blame it on poverty and government carelessness.

220 Diseases, One Cure...For Real?

In this country, a small boy in China can just put together a small concoction and come and tell us it cures 220 diseases and before you know it, we’ll be running around promoting the concoction.

I do have a beef with MLM companies, not because of anything but because they have become permanent vehicles to siphon people of their little hard earned cash.

The Get Rich Lies in MLM

I’m sure a couple of us here have tried to get rich with some of these network marketing companies. There is always that impression that this is going to be the "wave of the future", a business model that is gaining momentum, growing in acceptance and legitimacy and, as its promoters claim, will eventually replace most other forms of marketing and sales.

The impression is further sealed as we see some people who claim to have gotten cars and would be travelling the nations all because they belonged to the MLM Company.

Many people seeing that now go as far as registering their brothers, sisters, children, spouses, and friends and so on. Working hard to get their own cars, they eventually get disappointed as they realize that people are not joining anymore

Here are 4 Reasons MLM Companies Don’t Work on the Long Run

1.The Products and Services are expensivemlm2

People don’t seem to see this. However, it’s true that these network marketing companies build into the products the so called commission they will pay you. This makes the prices of the products out of the proper rate.

How many times have you bought a sachet of tea, like lipton, something you should buy less than N20, you ended up buying it N100 or more?

2. The Products Do Not Add Value in the Long Run

Most times the products involved in these MLM companies that promise heaven just don’t live up to it.

Some years ago, my mother got sick. I sent her money to go to the hospital but she went for Tianshi products and lied to me she had started treatment.

The so called Tianshi supplements didn’t work. It was at the point of death that my Mum opened up to me and we had to rush her to a teaching hospital. We ended up spending over half a million naira to save her life.

These vitamins and so called natural teas never replace the place of proper checkup and treatment when someone is sick. The vast testimonials you see in the trainings are hand picked cases that the details are not often known.

3. MLM Strains Relationships

Just introduce 5 people and let the 5 people introduce 5 and bam, you are on your way to Bahamas, right?people-linked

Only if that was easy.

Building a network is not easy especially if the players are required to pay to be in the network.

4. Favors only the Early Entrants

This is why MLM becomes a pyramid scheme at the end of the day. The profit made from the product sales are not enough to make up for the compensations in the system.

To really make it, you have to recruit people. And those people have to recruit people. So the late joiners are left as the brunt bearers.

Final Thoughts

As should be obvious from this article, these are my opinions only. I am only familiar with a few MLM opportunities, and I happily admit that I did not get the joining level.

I am very open-minded, and I’m sure many people have good experiences with MLM.

That said, if you are involved in MLM or are presented with an opportunity please consider my points above, try to cut past all the hype that is likely to be associated with the presented opportunity, and use your own mind to decide the value of the opportunity.

Source: http://businesscandle.com/beware-of-mlm-business-opportunities/

4 Likes

Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by sexy74(m): 3:03pm On Oct 13, 2013
My brother what you have just written is true.
I always tell them that their products are over priced and is not competitive.
Some will tell you that they don't sell their product that is for your personal consumption ( forever living product). My reply is why do I have to spend so much for common every day product.
Thanks for the education again.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by Redoil: 4:21pm On Oct 13, 2013
What about moringer seeds that they claimed it cures over 365 sicknes/diseases in the humam body.

1 Like

Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by acmev2(m): 6:42pm On Oct 13, 2013
No be small thing o.

Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by idlaw2k3(m): 7:19pm On Oct 13, 2013
Nice writeup, controversial but true, worthy of front page.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by jamosoj: 5:24pm On Aug 17
Its true many av take diz mlm as 419 code,even av met a lot but we dont av 2 b skeptical. The bible say u shld find out d truth abt everything. Am a tasly distributor,nd am glad I did! My companny dont fall into dat ur recipe. If u re ready 2 know more kindly contact me on 08171268965,I wl shw u d diff. nd make u detect ur hiden potentials.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by Ayodeb(m): 9:11pm On Aug 17
bros12345: As at my last count, there have been well over 50 MLM or network marketing companies in Nigeria. Many have gone completely obsolete while many are barely just there.

Chances are many will still come and go.

Nigerians seem to never learn from the outcomes of these companies. They will always join the latest one in town. Blame it on poverty and government carelessness.

220 Diseases, One Cure...For Real?

In this country, a small boy in China can just put together a small concoction and come and tell us it cures 220 diseases and before you know it, we’ll be running around promoting the concoction.

I do have a beef with MLM companies, not because of anything but because they have become permanent vehicles to siphon people of their little hard earned cash.

The Get Rich Lies in MLM

I’m sure a couple of us here have tried to get rich with some of these network marketing companies. There is always that impression that this is going to be the "wave of the future", a business model that is gaining momentum, growing in acceptance and legitimacy and, as its promoters claim, will eventually replace most other forms of marketing and sales.

The impression is further sealed as we see some people who claim to have gotten cars and would be travelling the nations all because they belonged to the MLM Company.

Many people seeing that now go as far as registering their brothers, sisters, children, spouses, and friends and so on. Working hard to get their own cars, they eventually get disappointed as they realize that people are not joining anymore

Here are 4 Reasons MLM Companies Don’t Work on the Long Run

1.The Products and Services are expensivemlm2

People don’t seem to see this. However, it’s true that these network marketing companies build into the products the so called commission they will pay you. This makes the prices of the products out of the proper rate.

How many times have you bought a sachet of tea, like lipton, something you should buy less than N20, you ended up buying it N100 or more?

2. The Products Do Not Add Value in the Long Run

Most times the products involved in these MLM companies that promise heaven just don’t live up to it.

Some years ago, my mother got sick. I sent her money to go to the hospital but she went for Tianshi products and lied to me she had started treatment.

The so called Tianshi supplements didn’t work. It was at the point of death that my Mum opened up to me and we had to rush her to a teaching hospital. We ended up spending over half a million naira to save her life.

These vitamins and so called natural teas never replace the place of proper checkup and treatment when someone is sick. The vast testimonials you see in the trainings are hand picked cases that the details are not often known.

3. MLM Strains Relationships

Just introduce 5 people and let the 5 people introduce 5 and bam, you are on your way to Bahamas, right?people-linked

Only if that was easy.

Building a network is not easy especially if the players are required to pay to be in the network.

4. Favors only the Early Entrants

This is why MLM becomes a pyramid scheme at the end of the day. The profit made from the product sales are not enough to make up for the compensations in the system.

To really make it, you have to recruit people. And those people have to recruit people. So the late joiners are left as the brunt bearers.

Final Thoughts

As should be obvious from this article, these are my opinions only. I am only familiar with a few MLM opportunities, and I happily admit that I did not get the joining level.

I am very open-minded, and I’m sure many people have good experiences with MLM.

That said, if you are involved in MLM or are presented with an opportunity please consider my points above, try to cut past all the hype that is likely to be associated with the presented opportunity, and use your own mind to decide the value of the opportunity.

Source: http://businesscandle.com/beware-of-mlm-business-opportunities/
Wow you are very correct! This is my 14th year in the industry. I have made a fortune anyway but this cannot be said of everybody. I almost quit the industry because I am not happy to see just me been successful while others fall by the way. Then, I was fortunate to come across an American can guy from Texas who shared with me what now proved to be the turning point in my life. He has been in the industry for more than 32 years! He has seen it all. He revealed some secrets that other companies will be ready to pay him a million dollars to keep secret! It is called Six Parameters to Success in MLM! This guy is making over $100,000 monthly in a particular company and he is not among top earners in the company. As a matter of fact in my first 90 days I start making about $1,200 monthly! My team are happy because they are earning beyond what they ever dreamt of. You cannot believe it, it is free to join the company he recommended! It is against the ethics of this company to recommend their products as a drug. We were warned it is a food supplement and not meant to replace your drugs and regular exercise. In fact, we are encouraged to use our products ourselves instead of selling them to others. How I wish other companies follow this fine example then my people will not remain poor. Thanks for your very candid observations!
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by kevoneal: 9:37pm On Aug 17
Ayodeb:
Wow you are very correct! This is my 14th year in the industry. I have made a fortune anyway but this cannot be said of everybody. I almost quit the industry because I am not happy to see just me been successful while others fall by the way. Then, I was fortunate to come across an American can guy from Texas who shared with me what now proved to be the turning point in my life. He has been in the industry for more than 32 years! He has seen it all. He revealed some secrets that other companies will be ready to pay him a million dollars to keep secret! It is called Six Parameters to Success in MLM! This guy is making over $100,000 monthly in a particular company and he is not among top earners in the company. As a matter of fact in my first 90 days I start making about $1,200 monthly! My team are happy because they are earning beyond what they ever dreamt of. You cannot believe it, it is free to join the company he recommended! It is against the ethics of this company to recommend their products as a drug. We were warned it is a food supplement and not meant to replace your drugs and regular exercise. In fact, we are encouraged to use our products ourselves instead of selling them to others. How I wish other companies follow this fine example then my people will not remain poor. Thanks for your very candid observations!
. Can u pls send me a mail, I've seen 1st hand it isn't everybody dat gets 'burnt' in network marketing! I'd like more info on yours...drop me ur mail address lemme contact u pls.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by WoodcrestMayor: 10:12pm On Aug 17
Be careful bro.He revealed very little cos he wants pple to contact him for more(my take,might be wrong).Besides,he's been in it for so many years;where do u think u'll be on the ladder?#My2Cents
kevoneal: . Can u pls send me a mail, I've seen 1st hand it isn't everybody dat gets 'burnt' in network marketing! I'd like more info on yours...drop me ur mail address lemme contact u pls.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by Ayodeb(m): 6:47am On Aug 18
kevoneal: . Can u pls send me a mail, I've seen 1st hand it isn't everybody dat gets 'burnt' in network marketing! I'd like more info on yours...drop me ur mail address lemme contact u pls.
Ayodebconsult@yahoo.com
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by Ayodeb(m): 7:05am On Aug 18
WoodcrestMayor: Be careful bro.He revealed very little cos he wants pple to contact him for more(my take,might be wrong).Besides,he's been in it for so many years;where do u think u'll be on the ladder?#My2Cents
Read my post carefully I said I have been in the industry for 14 years and almost quit! I now mentioned why I joined another one about 90 DAYS AGO not 14 years ago! I now believe more in educating people rather than just recruiting people to join d so called newest, hottest opportunities around. Most people do more than 3 mlm withing 3 years because they want to join early. You can never succeed that way.
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by WoodcrestMayor: 7:46am On Aug 18
Sorry if your intentions are quite genuine.You shld understand where my skepticism is coming from.The market is under heavy attack and many of them av punctured the trust clients.Now,itz extremely difficult to even get some1 to listen to you let alone convincing such person.
Ayodeb:
Read my post carefully I said I have been in the industry for 14 years and almost quit! I now mentioned why I joined another one about 90 DAYS AGO not 14 years ago! I now believe more in educating people rather than just recruiting people to join d so called newest, hottest opportunities around. Most people do more than 3 mlm withing 3 years because they want to join early. You can never succeed that way.

1 Like

Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by DRealGeesam(m): 8:14am On Aug 18
Honestly, you have spoken well sir.

MLM (multi level marketing) are purely well thought out scam schemes.

ANYONE ANYWHERE and bottle any solution, just mixing water with some leaf extracts and coloring and claim it has medicinal properties.

The good ones actually use good ingredients for their concoction, meaning it wont be harmful to the user, but at the same time it is not as potent as the claim on the labels.

These concoctions are prized very high, eg a bottle of aloe drink could be prized between 2k and 10k on average. Whereas it's real value is just 200 naira.

This is purely psychology, you think what you are buying or marketing is of high quality because it is expensive.

Sometimes people actually feel these supplements and concoctions are working, this is nothing but Placebo effect. You feel they are working because u believe they are potent and your body responds to this believe to make u feel better.

This schemes are making some people ridiculously RICH whiles some JOBLESS NIGERIANS are running around the office trying to sell the worthless (but well branded) crap to their colleagues.

What a pity
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by DRealGeesam(m): 8:19am On Aug 18
Redoil: What about moringer seeds that they claimed it cures over 365 sicknes/diseases in the humam body.
Yes moringer is good for the health just like aloe vera, honey, ginger, garlic, etc.
But all those claims of the many illnesses they cure is very FALSE.

By the way, op never said there is anything bad in taking all these natural supplements, HE IS ONLY AGAINT MLM (multi level marketing)
Re: Why Tianshi, GNLD, Tasly Kasly,etc Collapsed And Why All These New MLM Companies by DRealGeesam(m): 8:21am On Aug 18
jamosoj: Its true many av take diz mlm as 419 code,even av met a lot but we dont av 2 b skeptical. The bible say u shld find out d truth abt everything. Am a tasly distributor,nd am glad I did! My companny dont fall into dat ur recipe. If u re ready 2 know more kindly contact me on 08171268965,I wl shw u d diff. nd make u detect ur hiden potentials.
Smh

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