ILearningGlobal (iLG), Shutting Their Doors to their MLM model
iLearningGlobal with its highly sought after online personal development program delivered through high definition videos was considered to be a perfect MLM company following the 21st century marketing methods. All of a sudden the company chooses to remove the MLM component because of lack of growth and profit. In reality this was the main reason the distributors got involved to earn residual income and avoid old marketing tactics like chasing after every human being who crossed their path.
What does this mean for the hundreds who put their time, energy and hard earned money into developing their team through iLG?
I personally know David M Wood who in a 6 months time developed a large team through iLG.They will lose their residual checks as well as bring their incomes sharply down due to the fact that iLearningGlobal made a decision, not operate as an mlm or network marketing company but instead the rumour is to operate as a sales company.
Over the years network marketing companies have created this negative opinion in the public market due to several reasons such as this.
MlM network marketing companies have started with great visions and eventually shut operations.According to the statistics a staggering 98% distributors do not even make a profit in MLM after taking into account their expenses.
This leaves existing or new entrepreneurs in a state of confusion as to how they should choose a company or whether they should give up on network marketing?
And the right answer is, do not base your financial future on a particular company for a lifelong income .Let me reveal to you how you can secure yourself financially long term.
If you are looking for an mlm network marketing company here’s what you can look for
1. Choose a company which has at least 5 year +ve business growth
2. The public opinion about the company and its products should be +ve even after 5 years.
3. The product or service should be one that customers are compelled to buy themselves because of what they see in value. This would eliminate doing the job of a salesman.
4. Should follow the latest 21st century marketing methods including online marketing and social media.
5. Must have a direct sales, top tier as well as MLM component. The compensation pay out should vary from $150 to $1000 upwards.
This will enable those who do not want to build the MLM part of the structure still make a lot of monthly commissions enabling them to replace their job income quickly once they have a working marketing plan in action.
6. Must have or be tied up with an online marketing system that provides latest online marketing knowledge to help any Network Marketing distributors build their business thereby attracting all kinds of network marketing distributors or home business seekers.
This will enable you to build a larger community of networkers who either join your primary business or just use the marketing system to build their business. This will also enable you to earn an income from multiple related affiliated products as well as member commissions from those who are not in your downline but still using the marketing system. It’s called attraction marketing and I know the 2 very best attractions marketing systems in existence on the World Wide Web today. An I can confidently say that because over the last 2 years I have tried a lot of them and have narrowed down to using 2 very profitable , well planned , well organized cutting edge systems.
Learn and Build the SKILL of Online marketing and this one golden skill will enable you to create income on demand 24/7, lifelong irrespective of the company or product you choose to sell.
New MLM companies start almost every day promoting the next big hype or reality and several 1000′ run for the founding positions taking the chance of either getting scammed or making it .Why take that gamble with your future ,make sure you read industry Icon, Mike Dillard’s shocking mlm network marketing free report which will give you clear insights about the changes in the mlm network marketing industry and what you can do to build a solid passive income without the financial risk of a downline or any particular company thereby saving you from wasting your precious time sweat and hard earned money .
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