Thoughts on Network Marketing

Hi everyone,

I was looking for people opinions and experiences with NW companies.

I know a friend of mine sells health products and earns £2000+ a month but I have heard from other friends about them losing money, being stuck with products etc.

I was wondering if anyone has any experience of good/bad companies.

Thanks

Comments

  • bhjm
    bhjm Posts: 341
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    health product and NW Marking contradicts itself in my eyes :)
  • soolin
    soolin Posts: 71,844
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    'Network marketing' as in' buy expensive items and then try and flog them to all your friends and family so you don't get stuck out of pocket'?

    Facebook groups, even time lines are full of people desperately trying to sell me 'health' products using dodgy pseudo scientific data- or else trying to sign me up to their down line to at least try and recoup part of their outlay.

    If you are planning to sell something ask yourself, would YOU buy it from a facebook friend at the price they are asking on a regular basis or do you think it is overly expensive or does the pseudo science not stack up? If you would buy the product in quantities enough to keep a business running then perhaps consider it.

    Also check out online reviews, several companies are already having to rethink their marketing having been in trouble for their fake claims, I have coeliac disease for instance and still get 'friends' trying to flog me drinks and supplements that will cure me (I report them all), and several people I know on diabetes forums have had some quite unpleasant targeted emails promising them a cure as well just from buying a £29.95 drink supplement.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected] views are my own and not the official line of MoneySavingExpert.
  • Pyramid schemes are a mugs game.
  • Danipat
    Danipat Posts: 57
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    Pyramid schemes are a mugs game.


    My friend has been doing it for 5 years and has been earning £4-5000 a month sometimes, shes got a brand new car and goes on 3-4 holidays a year. Not too sure about it being a mugs game, I think were the mugs tbh working 40 hours a week! Lol
  • Danipat wrote: »
    My friend has been doing it for 5 years and has been earning £4-5000 a month sometimes, shes got a brand new car and goes on 3-4 holidays a year. Not too sure about it being a mugs game, I think were the mugs tbh working 40 hours a week! Lol
    Then she's in the 0.1% of people it works for.
  • bigisi
    bigisi Posts: 925 Forumite
    Danipat wrote: »
    My "friend" has been doing it for 5 years and has been earning £4-5000 a month sometimes

    Take home or profit?
    Danipat wrote: »
    shes[sic] got a brand new car

    Bought outright or up to her eyeballs in finance?
    Danipat wrote: »
    and goes on 3-4 holidays a year. Not too sure about it being a mugs game, I think were[sic] the mugs tbh working 40 hours a week! Lol[sic]

    Credit cards/loans for the hols.

    Unless she's paying cash for it all none of that is impressive!
  • soolin
    soolin Posts: 71,844
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    Danipat wrote: »
    My friend has been doing it for 5 years and has been earning £4-5000 a month sometimes, shes got a brand new car and goes on 3-4 holidays a year. Not too sure about it being a mugs game, I think were the mugs tbh working 40 hours a week! Lol

    Well then you have your answer, no need to ask on a forum, just sign up to your friends downline and get all the goodies. The fact that you felt the need to ask suggests you also think all is not as it seems.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing [email protected] views are my own and not the official line of MoneySavingExpert.
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