Thursday, August 1, 2013

A piece of advice: Do not join any online buying/selling entity without careful study and legal advise.


By Bekarmino Dabalos Saguing, Rome, Friday 02.08.2013





If you are planning to work for or join an online buying/selling entity or organization, better analise it first. You may be in danger of becoming a tool for a fraud. Read the article


What's Wrong With Multi-Level Marketing? http://www.vandruff.com/mlm.html


It would be also wise to read this sample case Tirso N. Paglicawan

http://www.allvoices.com/contributed-news/15102822-how-and-why-gano-itouch-philippines-inc-the-reported-number-one-multilevel-marketing-networking-company-in-the-country-whose-officers-include-chi

Here are some excerpts from the article by :

Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. Some people use direct selling as a synonym for MLM, although MLM is only one type of direct selling, which started centuries ago with peddling.


Companies that use MLM models for compensation have been a frequent subject of criticism and lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price fixing of products, high initial entry costs (for marketing kit and first products), emphasis on recruitment of others over actual sales, encouraging if not requiring members to purchase and use the company's products, exploitation of personal relationships as both sales and recruiting targets, complex and sometimes exaggerated compensation schemes, the company making major money off its training events and materials, and cult-like techniques which some groups use to enhance their members' enthusiasm and devotion.


In contrast to MLM is single-level marketing, where the person is rewarded only for the immediate income between the exchange of a product and monetary benefit,” quotations from Pinig’s duly subscribed affidavit.






















































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