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Can You Actually Make Money With MLM The Possibility Is Not Good

Can You Actually Make Money With MLM  The Possibility Is Not Good
Can You Actually Make Money With MLM The Possibility Is Not Good

What Is Multi-Level Marketing? (MLM)

Multi-level marketing (MLM), also called network marketing[1] or pyramid selling,][3][4[2] is a controversial[5] marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company’s products or services. In contrast, the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. An MLM strategy may be an illegal pyramid scheme.[6]

Multi-level Marketing (MLM) Companies

Multi-level marketing (MLM) companies use a network of independent distributors to sell products directly to people in the community.

Examples that most people think of when they hear about MLM companies include Avon and Mary K Cosmetics.

If you become a distributor for one of these companies, you will profit from selling the product.

But the real way to make money is by recruiting a network of distributors who also sell the product, called your downline.

You earn commissions on sales made by distributors in your downline. To make money in MLM, you have to know how to sell your product and build your downline.

About one in thirteen adults (18+) have participated in at least one multi-level marketing (MLM), sometimes referred to as direct sales or network marketing, during their lifetime, according to the AARP Foundation.

But do these people make money doing multi-level marketing? What’s the actual likelihood of MLM success?

It is possible to make money with MLM; however, we believe it is highly improbable. It is stated in a free e-book, ‘Multi-Level Marketing Unmasked, by Jon Taylor found that 99.7% of people will lose money in network marketing.

Multi-level marketing (MLM) is mostly about recruiting

Multi-level marketing (MLM) is mostly about recruiting; that’s how most companies teach you to build your business by recruiting everyone you know.

And this is one of the reasons, so many aspiring network marketers fail.

So for every 1,000 people who join a network marketing team, three will earn more money than they spend.

So if I want to have five successful people in my first down line, I have to recruit 1,665 new members so that 5 of them will be successful.

MLM may be a system that anyone can do, but it’s also a system where only 1 in 333 people are successful.

Each MLM has its version of paying commission, and they are all similar share characteristics.

To stay active, you have to sell a certain amount per month. This creates a synthetic demand for the products.

Network marketing members are ordering products to remain active.

Members order more than what they would personally use or what they can sell at a retail margin, which causes them to stockpile the products.

The balanced small business,

MLM Success and Dropout Rates

The AARP Foundation’s study found that 44% of participants dropped out after less than one year of working with an MLM Taylor’s research shows similar numbers and goes into a little more depth on dropout rates:

  • A minimum of 50% of MLM representatives drops out in the first year.
  • A minimum of 90% of representatives leaves within five years.
  • By year 10, only those at or near the top have not dropped out—which means at least 95% of representatives have dropped out.

These numbers don’t go well when comparing them to the average failure rates of small businesses.

 MLM participants earned less than $100 per year before expenses.

According to the U.S. Small Business Administration, about 20% of small businesses don’t make it past a year, about 50% of the last five years or longer, and about a third make it past ten years.

According to the Washington Post survey, 60% of MLM participants earned less than $100 per year before expenses.

The Post, in their conclusion, found that most participants could earn significantly more money in exchange for a lot less time and money invested if they were employed in a minimum wage job.

The same study from the Washington Post found that 1/3 of MLM members admitted to borrowing money to fund their MLM side hustle.

Make Money Online

I know a lot of persons, want to make extra money and are driven to MLM’s I was one of these people. There are many ways to make extra money,

Making money online is an excellent way; with the advance of technology, it has become one of the preferred ways to earn.

This may sound like an impossible dream, but in today’s world, it isn’t. I know quite a few people who are earning good money online from their websites,

There are several ways to make money online; the thought of making money online may sound daunting, but it isn’t.

With all the ways to make money online, Affiliate marketing is the one I favor most; not only will you be able to earn an active income, but Affiliate marketing also has the potential of becoming a passive income earner.

It is easy to start an affiliate marketing business; it costs very little to start; you can start for free in some cases.

What Is Affiliate Marketing?

Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.

And you can learn about affiliate marketing in ten lessons for free, and the good thing is that you will have your business site up and running at the end of these free lessons.

 START YOUR FREE AFFILIATE MARKETING  TRAINING HERE.

You can then decide if you would like to continue, and all this is free. The lessons are present via video, and you can go at your own pace.

Earning an income through affiliate marketing requires:

  • Research into products, a consistent engagement with the products and brand networks that you choose to endorse
  • Understanding and using search engine optimization and social media marketing is necessary to consistently attract new followers and generate additional income.

As with every business, there are always Pros and Cons, so let us look at these.

Pros of Affiliate Marketing

Affiliate marketing is ideal for bloggers, coaches, information entrepreneurs, and those who build and maintain their digital properties such as YouTube channels3

. There are many aspects of affiliate marketing that make it a good home business model, including:

  • No huge startup costs!
  • No selling face to face!
  • No stock to keep or manage!
  • No recruitment involved!
  • No taking of endless surveys!
  • No considerable investment involved – (Get started for free)
  • And no working for someone else!
  • You can operate in any market you wish! – even your hobbies & passions!
  • Earn a full-time income & more!. No limit to your earning potential!
  • No physical products: There is no need to create a product or service because you are choosing one that already exists.
  • You don’t have to stock or ship products.
  • Flexibility: You can work anytime and from anywhere as long as you have internet access.
  • Supplemental income: There is passive income potential, depending on how you market your affiliate programs.
  • You Can add  Affiliate Marketing to your current home business to create an additional income stream, and you can have many income streams.
  • .

Cons of Affiliate Marketing

Like any business model, there are drawbacks and challenges to affiliate marketing as well, including:

  • Time: It takes a commitment and experimenting over time to generate the amount of traffic needed to generate income.
  • Competition: Affiliate marketing is highly competitive. Many affiliates promote the same products and compete for the same traffic and customers.
  •  It can be challenging to get approved as an affiliate for popular companies or products.
  • Lack of ownership: The customers belong to the merchant. You will know how many sales you made of what product, but you’ll have no information about who purchased most cases.
  •  It takes time and patience to see success, and you will not see success overnight.

Start Building Your Online Business Now! (Free to Sign Up)

You can be an affiliate marketer, and remember you can start for free on one of the best training platforms,

I appreciate your time and look forward to your comments and questions, and please remember to share.

NOTE:  This post includes affiliate links, which, if clicked on  and a product purchased, I get a small commission (with no increase in cost to you )

The OpinionBar Survey Panel Get Paid For Your Opinion

The OpinionBar Survey Panel Get Paid For Your Opinion
The OpinionBar Survey Panel Get Paid For Your Opinion

There are thousands of survey sites online, and each promises to reward you for providing them

with your opinions.

But does this site deliver on that promise?

This review is written based on the information and testimonials that are available online in the public domain.

You can also check out the step-by-step training that can help you to start your online business.

I will be looking at The OpinionBar Survey Panel

What is The Opinion Bar

The Opinion Bar an international panel, was formed in 1999  With support in more than 20 countries and various languages.

Their client list includes huge brands like Sara Lee, Canon, Microsoft, Nike, eBay, and more.

Continue reading The OpinionBar Survey Panel Get Paid For Your Opinion

SheSpeaks Survey Review


There are thousands of survey sites online, and each promises to reward you for providing them

with your opinions.

But does this site deliver on that promise?

This review is written based on the information and testimonials that are available online in the public domain.

You can also check out the step-by-step training that can help you to start your online business.

I will be looking at SheSpeaks in this post.

What is SheSpeaks?

SheSpeaks is an online research community established in 2007 with over 250,000 women members who want to voice their experience and share their opinions about the latest trends online.

Members of this community share their thoughts using the blog and discussion forum of SheSpeaks,

Members can create their product reviews, get expert advice, test products, complete online surveys & polls, and many more.

This community works with leading companies like L’Oreal, Heinz, Evenflo, Dove, The Food Network, AOL, Hawaiian Tropic, Haagen Dazs, and many more.

The SheSpeaks website has many categories to explore for its member to enjoy like:

  • Parties & Giveaways: Attend VIP events and participate in exclusive contests.
  • Blogs: Write, read, or comment on blogs ranging from relationships to beauty & fashion.
  • Members in Action: An area of the website compiles all of the exciting things happening with SheSpeaks. Find information on your favorite books, brands, and other interests.
  • Product Reviews: In this section, you will find reviews on all sorts of mainstream products. Read or write a review on anything from a VenusBreeze Shaver to Hot Italian Sausages.
  • Discussions: Explore forums, discussion categories or visit the “introduction” section to meet new friends in the SheSpeaks community!

There are Members in Action, Product Reviews, Discussions, and many more.

You can follow their social media pages for the newest trends, recipes, ideas, paid opportunities, and many more.

SheSpeaks is a trendy Facebook page with over 50,000 followers and is also on Twitter, Instagram,

YouTube, and Pinterest. The pages give followers access to a ton of exciting articles and information.

Tune into the latest recipes, ideas, and media buzz, all while being involved in the SheSpeaks community.

Amplify your voice and share your thoughts using the hashtag #SheSpeaks.

Active members can get the merchandise when they participate in any paid opportunities like an online survey.

Only users from the USA and ages above 18 can join this community.

How it Works

After registration, which is straight forward you will gain access to the secured area.

Once registration is complete, you can start to take surveys, test products, and network with other like-minded women.

Each survey will have a reward for completing the survey

Typical surveys last anywhere between 5-25 minutes.

Receive Interesting Emails from SheSpeaks

Become a part of the SheSpeaks email list where you could be asked to test products, take surveys, and browse through information important to you

Testing products will take a longer time to complete surveys. However, the benefit of product testing is keeping the product as a reward.

Payment

The SheSpeaks platform only rewards members with gifts and giveaways. There is no point system or cash gift.

Is This Site Legit?

Yes, this site is legitimate, but unfortunately, there is no cash payment, so if you were hoping to earn some money, this  site is not going to

Deliver.

Conclusion

There are many other ways to make money online.

However, success will not happen overnight; whatever area of making money online will take some time.

I have written a post on the many ways to earn money online.

 Simple ways to make money online. Start your own business

Of all the simple ways to make money online, I favor Affiliate marketing

What Is Affiliate Marketing?

Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services.

The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.

Affiliate marketing is not a get-rich-quick endeavor; it will take some work and patience, but you can do it.

What Are The Benefits Of Affiliate Marketing?

The benefits are many, but I will list a few:

  • No huge startup costs!
  • No selling face to face!
  • No stock to keep or manage!
  • No recruitment involved!
  • No taking of endless surveys!
  • No vast investment involved – (Get started for FREE)
  • And no working for someone else!
  • You can operate in any market you wish! – even your hobbies & passions!
  • Earn a full-time income & more!. No limit to your earning potential!.

You may be saying you do not know about affiliate marketing, well not to worry, there is (in my opinion) the very best training platform WEALTHY AFFILIATE.

This company has been around since 2005 and has members from around the globe,

This company has an outstanding reputation and has produced many super-affiliates; they have the very best community that is very active, friendly, and helpful.

With the free membership, you will get ten lessons, a website, and a domain (for a time); you need not be an expert; you will become an expert; you have nothing to lose to try; it is FREE.

Who is Affiliate Marketing for

To give you a better idea, Affiliate Marketing is for:

  • Stay at home moms or dads
  • The disabled
  • Anyone that needs to earn some extra money
  • People that don’t like their current jobs
  • People who want to earn money from their hobbies or passions
  • Bloggers who want to make some money from their blogs
  • Students either while studying or after graduating
  • The unemployed
  • Retired people who want to earn to supplement their pensions
  • People who want to learn how to build a WordPress website
  • Local business owners who wish to start a website or improve their online presence
  • Anyone looking for fast and reliable hosting with the best support I’ve ever seen
  • People who want to learn how to make money online in an honest way
  • And many more.

Thank you for your time. I do appreciate it. Have you done any surveys from survey sites? What was your experience? I really would like to hear your thoughts on taking surveys, and I appreciate your questions and comments. And please share

.NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)

Shoppers Voice Survey Review


There are thousands of survey sites online and each one promises to reward you for providing them with your opinions.

But does this site actually deliver on that promise?

This review has been researched with information and testimonials that are available online in the public domain

About Shopper’s Voice Survey

Shopper’s Voice has been one of America’s leading providers of consumer information for more than 30 years

Shopper’s Voice carefully gathers opinions, preferences, and insights from shoppers around the country through our online consumer opinion survey.

Continue reading Shoppers Voice Survey Review

What is Affiliate Marketing And How Does It Really Work

What is Affiliate Marketing And How Does It  Really Work---Affiliate Marketing is one of the best ways to earn  online
What is Affiliate Marketing And How Does It  Really Work—Affiliate Marketing is one of the best ways to earn online

What is Affiliate Marketing And How Does It  Really Work

If you have been looking for a way to make money online, you have probably heard about affiliate marketing, but have not completely understood just what it is and how it operates, and how people make money off of it.

Let me start by stating just what is affiliate marketing

Definition of Affiliate Marketing

An official definition: Affiliate marketing is a performance-based way of selling a product or service. The business/person that owns the right for the product pays a per sale affiliate commission to the affiliates that sell the product on their own.

The more the affiliates sell, the more they get paid and the more income for the product owner. This is how everyone is happy.

How does Affiliate Marketing  Really work

There are four basic steps to affiliate marketing.

Step 1: Choose an Interest. This can be anything at all, any interest, passion, or even something you have no personal experience with.

Step 2: Build a Website. Your website is your foundation and we have the most sophisticated and feature-rich website and hosting platform here at Wealthy Affiliate.

Step 3: Attract Visitors. You are going to be learning all about how to get traffic and visitors to your website. The first focus is a FREE traffic and there is A LOT of it out there.

Step 4: Earn Revenue. Once you have people on your site and traffic, you can earn revenue. There are over 50 ways you can monetize traffic online, and over 550 MILLION products/services that you can promote as an affiliate.

There are MANY different ways that you can earn money online and many different ways in which you can build an entire business.

  •  Internet Research and Surveys
  • Set up an Online Course
  • Write an E-Book
  •  Create a Money-Making Blog
  •  Type for Cash
  •  Become a Freelance Proofreader
  • English Tutor
  • Become a Copywriter
  • Create How-To Videos
  • You can also sell things online

Affiliate Marketing

But I think  The most lucrative is Affiliate Marketing. There are now over 4 BILLION people online and these people are going to search engines, social media, or visiting websites for help all the time.

These people are looking for information, solutions to problems and to buy stuff, this is where affiliate marketing comes in by offering them information about what they are looking for. You will be “helping” these people, recommending products/services they can benefit from, and you earn affiliate commissions as a result.

WANT TO MAKE MONEY ON-LINE? CLICK HERE

There are over 550 MILLION products/services that you can promote as an affiliate marketer. The opportunity is incredible and it is only growing!

Below is a diagram outlining the process of making money through affiliate marketing.

How Affiliate Marketing Works

Choosing A Niche

This is the corner of the market you will be catering to. When choosing a niche that fits you, it is best to choose something that is of interest, a passion, or a hobby, but it could also be something that you would like to learn about. You don’t need to BE an expert, you BECOME an expert.

Almost anything you can think of is a niche, your niche should be based on things that you are interested in. You can earn money online from absolutely every single niche because there are billions of people out there searching for information, for solutions, and spending billions of dollars or products/services every day.

Build A Website

IN affiliate marketing I think it is essential to have a website, this is where you will be writing contents to attract customer to the product you will be advertising, but first, you will need to have a domain

Having your own .com, .org, or .net domain carries some real incentives.

When you purchase a domain, you own it. Nobody else can take it from you, you will own your very own domain. You are also in full control of every aspect of your domain. A domain can be purchased for $13.50 per year.

On certain affiliate training platforms like Wealthy Affiliate, you are allowed to use a siterubix.com website for free for a little while. This Platform will also build your website in 30 seconds with just a click.

The Importance Of Owning a Domain

Having your own .com, .org, or .net domain carries some real incentives. These are as follows:

  • An Asset You Own. When you purchase a domain, you own it. Nobody else can take it from you. you will own your very own domain. You are also in full control of every aspect of your domain.
  • Domains Increase in Value. As you build out your website and your domain, it will increase in value just like any real estate asset.
  • They Rank Better. Having your own domain will lead to better rankings in Google, Bing & Yahoo which own 99% of all searches online. These are just three of the main reasons and for the price of owning your very own domain, it is well worth it.

Your Website

When you create a website, all of the content including images and text is stored on a server.

The server displays your website whenever a visitor types the URL into their browser.

Some website building platforms like Wealthy Affiliate offer free web hosting, while others require you to purchase your own hosting plan before you publish your site.

What’s in a name? The name of your business expresses who you are and grabs people’s attention.

To come up with the perfect name, start by using 3-5 words to describe your brand and your values. Remember to keep the name easy to spell and pronounce.

There are sites that will assist you in finding the right name for your business (business name generator).

Assuming you have chosen your niche it is now time to add contents and images to your website,

In adding Contents you need to know your audience ( know who you want to attract to your site)

The most important messages go at the top of the page. Then, gradually drill down to the more specific, supporting information. End with tangential details.

Make your sentences short and straightforward, write as if you are talking to a friend

After you have added some contents and getting visitors you can start adding affiliates links to your contents

Building your own niche site
Building your own Niche website

What is affiliate Links?

An affiliate link is your OWN unique link that identifies you as the referring affiliate when someone clicks your link and goes to the product (MERCHANT) website.

The affiliate link is what tells the company (via the affiliate program) that you are the affiliate that referred the person to your site.

This affiliate link will go all the way through the order process, so if someone buys something you automatically get credit for the sale and earn a commission.

Here is the basic process:

Step 1: Some comes to your website

Step 2: They click your affiliate link

Step 3: They buy something from the merchant

Step 4: You get the affiliate commission ($$$)

Where to Find Your Affiliate Link?

All affiliate programs and networks are different in terms of where you actually get the affiliate link. Most will have a section at the end of their web page where you can apply for an there is also Affiliate Networks like ShareASale.com and CJ.com  affiliate link.

The Pros Of Affiliate Marketing.

Little or no start-up cost.

Easy to Set Up

Little or no Experience needed.

Passive Income

Flexibility (you can work from anywhere set your own time)

No face to face selling

You do not  need to create a product

The cons of affiliate marketing

Success will not happen overnight it takes time and patience to build your audience

It is hard work, but the rewards can be great.

The Wealthy Affiliate Platform is a very good platform for anyone who would like to become an affiliate marker. I think it one of the best, the training is excellent and the very active community is very helpful,   and you can join for free.

Thank you for your time, have you been trying to make extra money online, what has been your experience? let me know,  and I would appreciate any comments and questions please remember to share this post.

NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)

Tellwut Survey Review

 

Tellwut survey Review- get paid for your opinion
Tellwut survey Review- get paid for your opinion

Tellwut Online survey review

Overview

Tellwut is a crowd market research company established in  2012, Tellwut offers a solution for helping businesses, organizations, institutions, and students succeed in uncovering the most critical insights with online market research results and findings.

The BBB has listed their business details:

Business Details

Location of This Business

543 – 67 Mowat Ave, Toronto, ON M6K 3E3

Email this Business

BBB File Opened:

19/2/2013

Years in Business:

9

Business Started:

28/5/2010

Business Incorporated:

28/5/2010 in ON, CAN

Accredited Since:

28/6/2013

3 stars

Type of Entity:
Corporation

Contact Information

  • Principal Ms. Judy Morson, Owner
  • Customer ContactAshley Robinson, Manager of Customer Service

Additional Contact Information

Email Addresses

Continue reading Tellwut Survey Review

Use2Earn Revew

start your own business

Use2Earn Review--Influencer network
Use2Earn Review–Influencer network

Use2Earn Review

In this review, I will be looking into the site of use2ean, this site claims that you can make $500 today.

Can you really make $500 in a day? Is this claim just a hype to get your attention, or is this a legitimate claim, let us take a closer look

Continue reading Use2Earn Revew

Opinion Outpost Review

Opinion Outpost is a Legit site
Opinion Outpost Review.

A lot of people looking for a way and quick way to earn money usually think on online surveys,

But while this method of making money can get you some cash, it just isn’t a good way to make money because of the amount of time these surveys takes and the reward is minimal.

In this Review, I did research Opinion Outpost, and in my opinion, it is a legitimate site, Here is what I found out about Opinion Outpost.

Continue reading Opinion Outpost Review

Six-Figure Success Academy Review, Is This Legit?

Six-Figure Success Academy-  Legit? (Check the facts here)
Six-Figure Success Academy- Legit? (Check the facts here)

Six-Figure Success Academy

The Six Figure Success Academy consists of 50+ videos, these videos are short but concise each video runs about 10 minutes.

The training is about selling via webinars. And according to the lessons you can be successful, without any experience or product of your own.

Their basic idea is simple, and they claim it takes 3 easy steps to achieve that goal:

  1. Pick an existing product/program that solves a problem
  2. Re-package the offer into a Webinar. This automated process is provided within.
  3. Promote these webinars to people that are searching for these solutions to their problems

Continue reading Six-Figure Success Academy Review, Is This Legit?