Greetings All,
Internet MLM Vs Traditional MLM is the topic today. There are tons of MLM companies in the world. So how do you know which kind of MLM companies suits you best. What is internet MLM & what is Traditional MLM? How are they different from each other?
The main difference between traditional and Internet is the method used to recruit or sponsor. Traditional relies mostly on one-on-one prospecting (like at a McDonalds or Starbucks), home party, opportunity meetings or rallies. Internet does the recruiting through e-mail, newsletter, forums, websites and sales letters. This minimizes the human interaction part and may be more suitable for those who are not very good at talking to others.
Two main types of traditional are one that is heavily concerned with retailing, consumption or distribution of a physical product. Typically one with a high volume of repeat sale (like vitamins or skin care products) and good testimonials of the product with high visibility (e.g. look at my skin, the product has cured all my pimples!).
Concept MLM doesn’t focus as much on products compared to its former counterpart. They usually do have a product, but it doesn’t have as high a repeat sale as those mentioned above. Most of them run their business like a club. Some are like lifestyle clubs. Others conduct their business with a high degree of professionalism (they all dress better than an office worker). Often they will sell their people a dream or molding them to a particular image to convey the image of the company for attracting more recruits. It’s the sizzle that sells the steak.
In Internet MLM, there are distributions of two types of products. A physical product distributed through the Internet means that the Internet does the selling and recruiting, taking the orders, and the shipment of the product are done offline. Digital products remove the headaches of physical product distribution. This usually gives the company a better margin due to lower overheads (no warehousing or shipment).
Uanz Summary
That some up the differences between the Internet MLM vs Traditional MLM. The MLM I am in an Internet MLM but it can be done by offline way as well. It works well with both concept. That’s is why I am into Success University business.
Regards,
Muhammad Riduan Ramli (Uanz)
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