|
|
Multi-Level Marketing schemes - Page 2 |
|
1
|
Spicy   United States. May 03 2012 09:37. Posts 1027 | | |
| On May 03 2012 02:03 auffenpuffer wrote:
The top guys are actually like 0,1%. In herbalife for example 0,58% of the participants made some profit, and most people making profit are not exactly banking boat loads of cash. (certainly not "making a decent living". |
Speaking of herbalife...
http://www.google.com/finance?q=hlf
http://www.reuters.com/article/2012/05/02/us-herbalife-idUSBRE8411FE20120502
"Among his questions about the company's direct selling model, Einhorn had asked why Herbalife had stopped disclosing the exact composition of its distributor groups.
Herbalife finance chief John Desimone had said at the time that the company had stopped disclosing the information because he did not think it was valuable to the business or to investors, but offered to provide it in the future."
Their stock is being hammered and people are coming to their senses |
|
| Last edit: 03/05/2012 09:44 |
|
| 1
|
2c0ntent   Egypt. May 03 2012 10:29. Posts 1387 | | |
the MLM business model also depends on constant growth, they completely ignore market saturation and that sort of thing and just keep selling and selling new suckers into becoming distributors. its design makes it naturally become crushed under its own weight |
|
+- | Last edit: 03/05/2012 10:29 |
|
| |
|
|
Poker Streams | |
|