Most new home business owners will automatically begin branding* their network marketing company and its products shortly after they sign up.
They buy business cards, flyers, stationary sets, t-shirts, and a host of other things that all have the company logo and colors. They go on all their social media sites and post pictures of the company’s products all over their personal page.
Whenever a direct sales company is shut down by the the Federal Trade Commission (FTC) for allegedly operating an illegal pyramid, the entire network marketing industry receives a great deal of scrutiny.
Well this week the FTC announced the shut down of Vemma.
The consumer protection agency said that Vemma told recruits that they could make as much as $50,000 per week selling its nutritional beverage Vemma, energy drink Verge or protein shake Bod-e. An initial investment of $600 was paid for products and business tools and $150 in Vemma products had to be bought each month to receive bonuses. The FTC said Vemma provided little help on how to sell its products and instead rewarded them for recruiting more people.
While doing a little internet research I came across an interesting article by market watch on Avon.
If you have been involved with direct sales or network marketing for any length of time then you know the names of legendary companies like Avon.
Well for years Avon (since 2004) has held the number one spot as the Global Direct Sales Company title until now.
Today I want to spend a little time talking about something I see quite often with network marketing representatives that have not taken time to fully develop their marketing skills.
If you have been in the network marketing industry as long as I have then you are sure to run across people that will pitch their multilevel marketing (MLM), direct selling, or network marketing business opportunity to you.