subject: Nauseating Mlm Statistics: Angelic Or Satanic [print this page] MLM companies this year have portrayed overwhelming statistics. MLMs are beginning to see hard times where convincing people to join the MLM networks are becoming harder, thanks to their astounding MLM statistics. Even good companies are at stake of belief owing to the many unbridled scams involving them.
There goes a famous saying that even if you are having milk at a bar, the world assumes you to be having toddy! The stunning relation of this saying to the MLMs today is that people usually turn the spotlight to the negative statistics the moment they hear about MLM companies. Enough negativity is being spread owing to unaware gossipers. The negative figures are so deeply in the limelight that the positive ones often go unattended.
Since the human throng prioritizes depressing stats first, here is a very scandalous statistic: 97 to 99% of the novices in the industry are sure to fail in the MLM marketing. It is wise to note here that, this figure is as true as it sounds atrocious. And there are innumerous causes why infant MLM companies rise unsuccessful in what they promise to deliver. By and large, they fail due to the lack of right information by their sponsors. So, it ends up like a traditional marketing company where reps go out and do business sans knowing their goals.
Another deplorable MLM statistic suggests that the odds of winning from a single spin of the wheel in a game of roulette in the Vegas can be approximately 286 times as great as the odds of profiting after enrolling as a distributor of a well reputed MLM company!
A yet another rationale behind the failure of an MLM opportunity can be attributed to the lack of funds or even the willingness to invest in even the basic requirements. It goes without saying that every business needs a minimum investment, whatever it is, whichever category it belongs to. In simple words, there cannot be a profit without an investment.
But again, like the two sides of a coin, the MLM network has spotted its boon. MLM business spread in over a 100 countries in the world! Just in case one is unsatisfied with these huge stats, here is another one: 13.6 million of these 56 million have their base in the United States alone.
Embrace yourselves for more: in the previous year, all MLM businesses witnessed a $100 billion only in sales. Now, an icing on this cake is: more or less 80% of the total MLM representatives are females! Positioning it as one of the fastest growing industries in the world, the entire business has matured over 90% in the last decade.
Yet again, a number of factors contribute to this success. The above mentioned astonishing facts and figures prove it themselves that people want to enter the MLM network. One reason could be long tiring working hours creamed with meager incomes and work pressures. MLMs grant them the bliss to be with the family while they earn in their own business. Makes much sense to them to suit their timings and work whenever they wish to!
Controversies never end in one go and so cant this big fight. Although stats have shown higher failure rates, successful people of the same industry do show up. Usually people tend to give up when they lose the confidence to grow and feel like they might just flunk. This in turn garnishes the appalling figures.
Lighten up and motivate yourself by glancing at those marvelous figures and craft it as the stimulation of your work!
