What do you think of when you hear “multilevel marketing (MLM)?” Do you think pyramid scam? Get rich quick scheme? Easy side business?
There are a lot of misconceptions out there about these types of companies, and I want to clear up some of them.
You probably already know that Beachbody is a MLM company. But so many other companies operate this way too! I bet you’ve heard of a few of these:
- Pampered Chef
- Mary Kay & Avon
- Rodan & Fields
MLM companies have been around for decades and have some quality products. (I LOVE my Pampered Chef tools!) There’s a pretty simple definition of this type of business: Multilevel marketing companies pay their employees a fee for the sales they generate AND for the additional salespeople they recruit. Beachbody coaches get paid when they sell a product (Shakeology, workout equipment, a DVD program), and also when their team of coaches sells something.
Even though it’s a pretty simple concept, there are still tons of myths about MLM companies.
Myth #1: Multilevel marketing is the same thing as a pyramid scheme.
Truth: MLM and pyramid schemes are VERY different. Pyramid schemes focus most (if not all) of their energy on recruiting new salespeople. They compensate their employees a very small amount for the amount of actual product they sell, and a HUGE amount for the new salespeople they recruit. This is totally unsustainable. The product is usually low quality, so salespeople have trouble actually getting people to buy. How many people can you recruit if those people quickly realize that they can’t sell anything?
MLM companies focus on building a quality team that shares their success with quality products. I absolutely would NOT be a part of Beachbody if I didn’t personally use and believe in the products. I really don’t consider myself a salesperson. Most people run the other way from someone trying to make a sale. All I can do is share my positive experience with others and encourage them to give the products a try!
Myth #2: MLM is a “get-rich-quick” scam.
Truth: If it seems too good to be true, it probably is! Any company that promises you thousands of dollars in a few weeks is lying. It’s almost impossible to earn that amount of money in such a short time (well, in any LEGAL way!). Beachbody has many coaches who are making six-figures or more, but those people have been working the business for YEARS! When I signed up, no one PROMISED me any income. I knew that I would have to put the work in if I wanted to be successful. I’m doing ok for myself now, but I most definitely did not “get rich quick!”
Myth #3: Multilevel marketing is an easy side job.
Truth: I work harder at my Beachbody job than I have ever worked at any other position! Your success completely depends on the amount of work you put into MLM. If you treat it as an easy side job, you’ll make a little extra money. If that’s ok with you, awesome. But if your goal is to make a decent income, you’ll have to work HARDER than you do at your normal job!
So many people claim that MLM “doesn’t work” because it didn’t work for them. It’s definitely not for everyone. If you’re not a social person who likes sharing their experiences, you probably won’t enjoy it. And if you’re not enjoying it, that will come across to potential customers and lead to decreased sales.
I hope this helps you understand a little bit more about my company. I would absolutely NEVER be involved in a company that I felt was scamming its employees or customers. Beachbody chooses to operate as an MLM company because they understand that word-of-mouth and shared experiences are the most effective form of marketing. I’m proof that this type of business IS a sustainable way to make a good income! IF you’re ready to work it!
If you’re interested in learning more, fill out this simple form, and let’s talk!