I urge the owners and moderators of Nairaland to do a little research and establish for themselves that there is a big difference between Ponzi schemes, HIYPs and Network Marketing or Multi-Level Marketing!It's a huge disservice to the millions of Network Marketers to refer to a perfectly legitimate business a scam, whether directly or indirectly ! Just to help you a bit; Forever Living Products, Organo Gold, Mary Kay Cosmetics, Avon sell their products using the Network Marketing Model. Now are these all scams?

YES!

MLM is not scam but most forums don't allow it. Simple! Too many promises are made when in the actual sense 90% of participants will find it difficult to cope. Tell me why a product should be expensive just because we have to pay royalty to uplines (or what are they called). Most of the products involved are even products whose claims cannot be verified.

They are scam cos even d marketers are not sincere. They will promise u heaven and earth blf u register and once u register u will discover that all d heaven and earth u where promised are not true or realistic. Maybe 5% of people that venture into it succeed while others lose so is a scam simple. Any business that is not feasible is a scam

Based on the points above, we therefore need to be wary of scammers! Anything can be a scam. Scammers are everywhere on Nairaland. They are in the auto section. They are in the career, business and property sections. Does that make selling cars, properties, or offering job opportunities scams? I'm sure your answer is no. Network Marketing as an industry is over 50years old. A network marketing company like Forever Living Products has been in Nigeria for 15 years. NwabuezeWini said the Marketers are not sincere. That's right! Many of them know that the people they speak to will not lift a finger to do any additional research. Anybody who wants quick money that doesn't involve hard work will fall for a scam. Simple. Then they blame everyone else!
I would rather buy products from a network marketing distributor instead of from a large retail shop. The simple reason is that a percentage of my money will touch the lives of honest, hard working people, as opposed to inflating already bloated empires!

Network Marketing is a scam...why do u want to sell through networking? why not bring it to the table and let everybody buy just like buying other product in the market.

akeensbussy:
Network Marketing is a scam...why do u want to sell through networking? why not bring it to the table and let everybody buy just like buying other product in the market.

.

Don't show your ignorance before you do research. There are many ways to sell products, and Network Marketing is one. If you know nothing about something, it should push you to do a bit of research before you make ignorant comments.

Collect money from 20 people share 10 inside with 3 people, you keep the remaining 10, ask the remaining 17 to look for more people and see alert that the other 3 got.

It's a scam. It's fraud, cos some have been doing for long don't mean is not fraud.

damola1:
Collect money from 20 people share 10 inside with 3 people, you keep the remaining 10, ask the remaining 17 to look for more people and see alert that the other 3 got.

It's a scam. It's fraud, cos some have been doing for long don't mean is not fraud.

@ Damola1, there is a difference between Ponzi schemes and Network Marketing. You attempted to sound smart, but you made this crucial error. I'm taking my time to address this issue because there is too much misinformation out there, most of which comes from people who know nothing! Network Marketing involves products, and Network Marketing companies have been around for years. Ponzi schemes involve distributing money, and never last long.

Watch this movie to understand what network marketing really is. It's called "Rise of the Entrepreneur" and was painstakingly produced to inform people like you.

http://www.myinspiredmedia.com/video/rise-entrepreneur/9900/the-rise-of-entrepreneur-movie-the-full-movie#forward

Still believe MLM a scam? Then think again. Most mlm i have get myself involved were all genuine. Just last week i join an mlm club through nairaland and made myself $150 in just five(5) days. Doubt it? Register free here:http://www.reality-networkers.com/index.php?refid=5419353

Happy New Month!

What of the sub distributor membership love is it really legit??