With businesses failing, I'm watching the multi-level marketing people scrounging on personal finance boards to lure in desperate people. So PSA: your friend who is making great money from home and offers to schedule a time to tell you all about it is not your friend.
Multi-level marketing is mostly a legal Ponzi scheme where the money comes from recruiting new victims, not selling product. Even if this were not true, a pandemic is not a great time to try to be selling stuff through in-home demonstrations!
The in-home or social network distribution channel basically died as a viable business with the advent of the radio. The only way you actually make good money from home this way is by recruiting lots of salespeople under you, who "invest" in worthless product they can't sell.
This is morally abhorrent, and even if it wasn't, it's hard to keep up after you have run through your network of friends and family.
Also, you will lose your friends and maybe your family if you do this.
Also, you will lose your friends and maybe your family if you do this.
If it sounds too good to be true, it is. Like, a job that requires no skills and allows you to have a top-10% income while putting in a few hours a week from your living room. IF someone pitches you this proposition, run screaming in the other direction.
There are some companies that sell through the in-home channel, notably Thermomix (Vorwerk), Avon, and Tupperware. Of the three, only Thermomix still has any reason too (product is expensive and novel and benefits from extensive demonstration.
This is why vacuum cleaners were once sold door-to-door. But frankly, even Vorwerk could probably replicate the benefits with infomercials and a QVC deal. And vitamins? Cleaning products? Automotive accessories? Geddoutttahere.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
