Topic translated in Pidgin :
MLM na dangerous marketing strategyOriginal Topic: MLM – a dangerous marketing strategyAuthor: 1miau
ABEG DE CAREFUL: abeg oo no go invest ur moni 4 MLM System u no go get d moni way u invest put back. D gist way de after dis one go explain y:
As u go take no say na MLM SystemAs u de fine beta Beta chance 4 place to take invest moni put, u fit com jam all dis bizness way Dem de call MLM. D full meaning of MLM na Multi-Level-Marketing and Dem de use am well well take de catch new customer. Multi-Level mean say pipo way don de d business de put new customer join. And dis pipo way don already de d business de receive commission anytime way dis new customers way Dem refer deposit moni.
Many of dem de get many many level way Dem de pay commission 4 pipo way Dem refer.
Wen pesin way u refer com refer anoda pesin u go com sti get small bonus afta d pesin way e refer sti deposit.
If u Fe look d matter e resemble watin gain de say once u refer pesin u go get bonus.but if u reason am wel wel u go notice say no b beta mata and e go good if u avoid to de invest 4 Multi-Level-Market system Dem.
d way MLM of BitConnect Ponzi-Scam take arrange. To de refer new pipo join go de give some kind bonus way go depend on watin who Dem refer deposit.
Anoda promise way all dis project way no clear de give na say Dem go de multiply crypto way u ge wit small time. Some of dis MLM project sef go even get ogbonge bonus if u invest more moni put say u go com de get beta gain fast fast:
Dis MLM matter cast well well 4 crypto matter bcos crypto de bring beta gain “if moon com” and pipo way no get beta experience put nai him Dem de target pass. Dat time way Dem de hype am dat kind 2017 ending many Ponzi pipo use d “when moon” take raise moni even if say d business de lend or mine.many Times na lie lie promise to take put pipo inside.
To take add join, Bitcoin and other cryptocurrency de complex 4 new pipo way de use am, and e somehow de easy 4 scammers to take fool dis pipo com sell fake business model say na real one.
U fit no MLM with structure way resemble pyramid, if u get different level of referral bonus and mostly if big gain de com every day or every month. MLM system way pipo no well well na BitConnect and BitClub.
Afta BitConnect tay crash, their coin con almost de useless.
To take add am up, here na d general disadvantage of MLM system and y u suppose avoid any of Dem investment:
1. MLM match wit scamMLM no really mean say d project na scam but many many times na scam Dem b.dis one na bcos say MLM de easy 4 operator to take get new customers join wit d ones way don already de wen Dem de advertise d service.E de beneficial 4 pesin way get d platform since na customer de advertise am and na new members de fund am.so pesin way get d MLM system de face zero risk and e no de pay 4 marketing.if d owner don get enough money from inside Dem go com close d platform and customer no go fit withdraw Dem moni again. Na dis one dem de call "Exit- Scam".
Ponzi go always reach point way new customers way de make deposits no go reach bcos say Dem de pay d pipo way don already de wit moni way new customers deposit. Na only redistribution of moni bcos e no de generate profit come out.
But even if say any MLM de generate real profit, some things de to put4 mind.
2. MLM de cause significant costsIf profit de way Dem de generate, business way base on MLM go need to spend beta part of their profit on top commission way dem suppose pay 4 MLM-expenses. Depending on d numba of level way de and d amount of each commissions way Dem de pay, and this matter fit chop beta tin commot from their profit.
To add join de profit way Dem need to spend no longer de available 4 normal investments, which get bad effect 4 money way customer de earn.4 here d customers de pay 4 d marketing.
Bcos of dis one,business model way legit no go use MLM most times bcos e no de profitable 4 beta development of the company.
3. Only d pipo way quick invest and invite many pipo go benefit from the MLM Bcos of d affiliate structure, d pipo way quick invest (mostly d pipo way get am) and d ones way refer pipo pass go benefit d most.dis referral commission moni de com directly from d customers way de under Dem 4 deir downline.
And normally, d owners de always make profit 4 MLM systems, otherwise Dem no go run am.
Anoda important point na; d pipo way de advertise their project no pure wen Dem de present d business model. Dem go advertise d product in a way way Dem go likely get more referrals (and bigger bonus) bcos of d affiliate structure. D result na dangerous dynamic way go give bad eye to d product .na dis one Dem de mostly call “shilled project”.
4. MLMs no de open an clearBeta legit projects de always de interested to make their business model de transparent make pipo 4 get reason take invest,tins like how Dem de generate profit, which team de hold d project and how Dem de divide d revenue (team / expenses / profits for investors). Sha but most cases dis projects no de get multi-level marketing system.
Many times transparent structure of the company in MLM projects no de de, 4 where Dem nor no d operators or na small Dem no Dem and na customers de market am. Na beta style 4 d owners to take hide demsef con sti get big marketing.
Especially pipo way no de experienced na him Dem de target wit dis marketing strategy wit big promise way Dem de give Dem like " new Bitcoin", "Lambo or Moon" or other returns way no de realistic
If d business model na good one, MLM way get clear commissions fit be viable and legitimate marketing , but tins way don sup b4 don show d opposite.
Finally, multi-level marketing systems de
mostly discouraged bcos high risk of scam de and even if no b scam de structure no de favor customers but e de favor d pipo way start am.
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