Multi Level Marketing in a nutshell
Multi Level Marketing, also known as network marketing is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation
The myths of MLM
You may have heard Multi Level Marketing referred to as a pyramid scheme. This is quite common and rarely said in a positive way. It is understandable that it can be seen this way considering the "shape" of the model.
For the interest of being able to reply to those who suggest that Darceys is a pyramid scheme, it is important that you know what a pyramid scheme is.
Full information about pyramid schemes can be found on Action Fraud Website
The most obvious difference between Multi-Level Marketing and a Pyramid Scheme is that in a Pyramid Scheme there is no valid product for sale. There is simply the sale of an "opportunity" which in most cases is worthless or in worse cases costly! Another important point is that regardless of what level you are in the Darceys programme, you earn the same level of commission. So a rep who is managed directly by Darceys receives 25% commission and a rep who is managed by an ambassador also receives 25%. There is no downside to being in an ambassador team.
The benefits of MLM
There are a number of benefits to becoming an Ambassador.
I don't think I've ever met anyone who didn't want to work for themselves! Choose their own hours, never have to call in sick or struggle for childcare. Being your own boss is the ultimate draw to the Multi Level Marketing role.
Another benefit is the possibility of high earnings. There is literally limitless possibilities when you become an ambassador. Your team can continue to grow, and as it does so do your earnings.
When you take a job as a shop floor assistant in Tesco, what are the chances of you overtaking a store manager on the pecking order? With Multi Level Marketing you can do just that. There could be an Executive ambassador 3 levels above you and there's no reason why you can't make it to Pro before they do if you are willing to give it 100%.
Being able to offer this opportunity to others is another big benefit. Knowing there is someone out there just searching for an opportunity and you could be the person to give it to them. You could help someone change their life!
What is the most noticeable sign of a Pyramid Scheme?
- A Brochure full of luxury products
- No Products for sale
- A visible management structure