subject: A Quick Warning Signs in Selecting and Researching MLM Company [print this page] A Quick Warning Signs in Selecting and Researching MLM Company
Unfortunately, fraudulent companies and individuals also understand that the internet or World Wide Web is a great way to reach people and use it as one of their strategies to attract these people. According to Wikipedia, "The scams typically involve lucrative offers of employment and job vacancies in Europe, Middle East, West Africa, or South Africa." That is why as early as now, we should be wary of any job offerings.
Fear not though, I will give you tips on how to spot scams and spam online courtesy of NPros.com, an online resource and directory for online home based opportunities.
RED FLAGS in MLM Fraud and Network Marketing Scam
a. No Contact Numbers
b. Executives history of Success and Failures
c. No Company Name or traceable details
d. Opportunity at Fault - From opportunity lost to opportunity anew. The reason behind failures in the past is in its management system, etc.
e. Answers to Due diligence questions that do everything but answer the Question
f. Payment Accepted by Check or Money Order Only
g. Offshore Address
h. No Tangible Product - An example of this is like a Pyramid Scheme, wherein it is difficult to present to the end-user that they are selling a tangible product.
i. Minimal Refund Policy
j. Stock Hype - A company "acquires" the new company to add value to a traded stock.
k. Understand the Offer
l. Think Twice - Before making any decisions, think it over first. Think it twice or even thrice may help. Iin addition, you can also ask ideas of a network marketing company from a friend, relative or elsewhere.
m. Be cautious about Unsolicited Emails
If you are familiar with the company or charity that has sent you an email, ask a favor to them telling to remove you from the list. However, if you do not know the sender and replying to that e-mail will give the spammer a signal that your e-mail is working.
n. Don't believe Promises in Easy Money - In reality, nothing comes from an easy as on the go. As a person, we have to sweat out our own hard work in every circumstance, by then we are paid for our efforts.
