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MLM
kagazia
#1 Posted : Wednesday, July 06, 2011 10:31:12 PM
Rank: New-farer

Joined: 5/27/2011
Posts: 21
Location: nairobi
any ideas of a good multi level marketing company in kenya?
Lolest!
#2 Posted : Thursday, July 07, 2011 6:46:12 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
There are existing threads on this. Would not advise anyone to go into it
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deadpoet
#3 Posted : Thursday, July 07, 2011 11:10:32 AM
Rank: Member

Joined: 9/27/2006
Posts: 506
I don't know of any existing companies, but here's a good concept if you can pull it off:

http://ocw.mit.edu/cours...8/projects/getnewmoney/
KenyanLyrics
#4 Posted : Friday, July 08, 2011 11:12:30 AM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
There are some rules for good MLMs:

1. Market must be HUGE and growing: Africa provides this naturally. There is no room for niche MLMs. They have to cover a broad spectrum of products.

2. The product must be highly repeat-consumable: whichever customers you get, they have to keep coming back for more to sustain the business.

3. Product must be priced competitively, with adequate room for good commissions: very hard to achieve this balance.

Taking all this into consideration, the only proper MLMs I've encountered in Kenya so far are Forever Living and GNLD.

PS: An easy way to tell the scammers from the genuine guys is that most MLM scammers preach about an 'easy opportunity to make money while you sleep.' This is simply not true, as this biz is just as hard as any other sales biz.

PPS: I am not in MLM personally, but my uncle is.
jasonhill
#5 Posted : Friday, July 08, 2011 12:22:40 PM
Rank: Member

Joined: 1/22/2011
Posts: 322
Location: Chicago, IL, USA
MLM = Always a scam, unless you are at the top, meaning, it's your scam.

And though I'm all about business, MLM tears apart families and drains life savings, so I have no interest in it.

Don't call it MLM. Call it what it is. Multi Level Marketing. A pyramid scheme.

I don't have to explain any further. There's always Google.

Best,

Hill
KenyanLyrics
#6 Posted : Saturday, July 09, 2011 12:20:35 AM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
@jasonhill isn't MLM just retail via organic marketing?

I think they fail probably because of having too many variable costs, and naive assumptions that demand for their products is unlimited. I don't think that they outrightly set out to scam people. Besides, all companies have that 'multi-level' pyramid structure in their organisation, and the guys at the top earn the most, so I don't think that can be used as evidence of a scam.
Lolest!
#7 Posted : Saturday, July 09, 2011 6:26:57 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
@klyrics, how is your uncle doing? Do you know people who are successful in MLM?
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
KenyanLyrics
#8 Posted : Saturday, July 09, 2011 11:32:14 AM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
Lolest! wrote:
@klyrics, how is your uncle doing? Do you know people who are successful in MLM?

Lives in Runda, drives a Land Rover 2010, kids went to Hillcrest... But he's pretty high up the chain, so I guess he's not the average example smile
empire
#9 Posted : Sunday, July 10, 2011 4:17:56 PM
Rank: Hello

Joined: 7/10/2011
Posts: 5
@Kagazia. Im doing 2 MLM'S at the moment and ive been quite successfull so far, the current one is via airtel line/money you act like a distributor but its a MLM below is how its works:

1ST Generation you earn 300 for every person you introduce directly
2 nd and 3rd Generation 100kshs respectively.
4th and 5th Generation 50kshs respectively.

plus 0.5% of your 12 downlines. pretty simple.

call me on : Mustafa 0710917048 OR email: mustaphamoiz@gmail.com
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