Saturday, 26 January 2013

Difference between MLM and MVM

Today I want to blog about MLM (Multi Level Marketing) and MVM (Multi VOLUME Marketing) business. Just for sharing... and a lil’ bit explanation on why VeMMA is a MVM business.

According to Wikipedia...
Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other sales people that they recruit. This recruited sales force is referred to as the participant's "downline", and can provide multiple levels of compensation. Other terms for MLM include pyramid selling network marketing and referral marketing.
You will be paid based on levels that you are achieving.  And as “downline” you will also sponsored some points or money or sales based on what business you are joining with. To be summarize, your UPLINE will get richer and richer and richer... so what’s your “rich” point. Just think about it.
(pic binary structure)
So, MLMs profit by conning recruits up-front with a "distributorship fee," and then make further illicit money by "confidencing" these hapless victims as they fail via the "sale" of collateral material.
It is generally agreed that to mislead people in order to get their money is morally reprehensible. It is labeled "theft" or "fraud," and those who do it should be punished. No one is naive enough to suggest that you can't make money at it. Crime can pay, at least temporarily.
Pyramid schemes are illegal. They are illegal because they are exploitative and dishonest. They exploit the most vulnerable of people: the desperate, the out-of-work, the ignorant. Those who start and practice such fraud, should, and increasingly are, being punished for their crimes. But add a product for cover, and call it an MLM, and people are willing to swallow its legality. Is this true? Really? Who says so? Haha =.=’

Whereas......

MULTI VOLUME MARKETING... Is a non-pyramid scheme.
FOR EXAMPLE -à VEMMA
Based on my opinion… I don’t Quite See Any Business with MVM concept. (correct me if I wrong)
                    
                        
                                            

Pyramid schemes and “money gains” are illegal in the United States government.
-          The Phoenix Suns, Charlotte Bobcats and Phoenix Coyotes all have Verve as their official energy drink. Meaning it is the only energy drink they carry.
-          The Phoenix Suns hired a team of 11 lawyers to investigate Vemma as a company because if it turned out to be fraudulent in any way, the Suns organization would be legally liable by making it their official energy drink.

They came to the conclusion that Vemma is a completely legal company.
In Vemma, each brand partner is paid based on the amount of product (in our case Verve) their “team” can sell, not the amount of people in their organization like in a pyramid scheme.
That means there are two sides to the business
1. You can go door to door and sell Verve/Vemma to people as well as try and get businesses/sports teams to carry the product
Verve was named product of the year by Miss Fitness magazine, Mens Journal named the original Vemma formula “Best Available Super Drink” and all of Vemma’s products are backed by Dr. Oz.
OR
2. You can sell the opportunity to people like we are doing
In order for someone to join Club Verve/Vemma and be eligible to make money, they have to buy at least two cases of Verve/Vemma a month which cost $150.
We are getting paid because everyone is required to buy 2 cases of Verve or Vemma every month, NOT because of the amount of people in our organization like in a pyramid scheme.

So in VeMMA you're building your own EMPIRE!!

MY BELOVED OFFICE!! VEMMA MALAYSIA



I will blog more info about VeMMA on my Next entry. Stay keep in touch peeps!! =)

VeMMA brand partners,
Peron

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