The Internet has promised to create a new marketplace where many of the merchants are private citizens either promoting their own products, or marketing the products of others. There are many legitimate opportunities out there for a motivated sales man or woman. However, there are a lot of fraudulent organizations like the National Wealth Center who prey on the hopes of those wishing to become independently wealthy.
The idea behind most of these programs is that they are selling a digital product which is supposed to teach you how to make money online. Digital products are basically a joke, as the information is available to all for free if one does a little digging. When attempting to establish a business in the Online community, having a true, physical product or service is what one needs.
It is unfortunate people get taken in by these crooks when there are a million quality products available. These companies often have a department of affiliates who promote and sell their products online and in the real world. The cosmetics industry had taken advantage of this long before the Internet came into being.
Pyramid schemes do not really sell anything at all. By convincing people they have special information to impart and calling this a digital product, they avoid being charged with fraud. At the end of the day, they are selling memberships for affiliates, and the supposed online training teaching one how to start an online business is a load of hogwash.
The originators of the program are getting rich by writing up a few paragraphs about how to get rich, and convincing people to buy into their system. At the end of the day, they really are not selling anything. While members can get paid when they convince others to buy into the system, most people do not even get that far.
The fact is, no one needs to stay long in order to accomplish the goals of the originators. If a person pays for one or two months of membership, they have done exactly what the creators wanted them to do. They do not really care about the information they are selling, as their goal is to get as many people as possible to pay into it for only one or two months.
For those companies who are legitimate, their initial start-up cost will probably be more than the membership fees charged by a pyramid scheme. Many of these companies require their members to buy the products up front, then it is up to them to make sales. A smart investor has a list of customers already set up before making their initial investment.
The Internet is no different than the physical market. If a person or organization has an inferior or bogus product, then those who are unfortunate enough to sign onto the program in the beginning get taken for a ride. When trying to start a business, it is always good to sell an actual product rather than simply passing themselves off as possessing some sort of special information no one can obtain from anywhere else.
The idea behind most of these programs is that they are selling a digital product which is supposed to teach you how to make money online. Digital products are basically a joke, as the information is available to all for free if one does a little digging. When attempting to establish a business in the Online community, having a true, physical product or service is what one needs.
It is unfortunate people get taken in by these crooks when there are a million quality products available. These companies often have a department of affiliates who promote and sell their products online and in the real world. The cosmetics industry had taken advantage of this long before the Internet came into being.
Pyramid schemes do not really sell anything at all. By convincing people they have special information to impart and calling this a digital product, they avoid being charged with fraud. At the end of the day, they are selling memberships for affiliates, and the supposed online training teaching one how to start an online business is a load of hogwash.
The originators of the program are getting rich by writing up a few paragraphs about how to get rich, and convincing people to buy into their system. At the end of the day, they really are not selling anything. While members can get paid when they convince others to buy into the system, most people do not even get that far.
The fact is, no one needs to stay long in order to accomplish the goals of the originators. If a person pays for one or two months of membership, they have done exactly what the creators wanted them to do. They do not really care about the information they are selling, as their goal is to get as many people as possible to pay into it for only one or two months.
For those companies who are legitimate, their initial start-up cost will probably be more than the membership fees charged by a pyramid scheme. Many of these companies require their members to buy the products up front, then it is up to them to make sales. A smart investor has a list of customers already set up before making their initial investment.
The Internet is no different than the physical market. If a person or organization has an inferior or bogus product, then those who are unfortunate enough to sign onto the program in the beginning get taken for a ride. When trying to start a business, it is always good to sell an actual product rather than simply passing themselves off as possessing some sort of special information no one can obtain from anywhere else.
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