|
-
11-15-2014, 05:51 PM #421
-
11-15-2014, 05:54 PM #422
-
11-15-2014, 05:57 PM #423
Of course you don't know who Jim Rohn, Les Brown, Holton Buggs, or Art Williams are. But if you did you couldn't possibly accuse them of being selfish or just putting people in a pyramid under them.
You just have the wrong understanding of Network Marketing. That's your loss, not mine. I only want people who want to be in my business.
This is no issue with ethics for me. NONE. Or for any person who FULLY understands how to build a successful organization.
How does any business work to generate an income? McDonalds? GNC? Walmart? Small business? Large business? A shoe store? A clothing store? Gamestop? Of course they all depend on other people for an income. Network Marketing is the same thing.
AT&T charges their customers a bill every month. That's a passive bill, that leads to a passive income for AT&T. And I'm not an employee of Vemma.
"A company that actually contributes to society creates a community and actually betters people's lives."
Vemma: has healthy alternatives to what everyone already drinks that are a little more expensive, in a society where 2/3 people are overweight, 1/3 develop cancer in their lifetime, and instead of using money on commercials and advertisements they pay half their income to customers for building a network of people who consume their products. And that's great considering every single person I know would like an extra $1000 a month.
I think that pretty much hits the nail on the head. Your interpretation of Vemma is just ignorant.355 Bench
565 Dead
520 Parallel Box Squat
-
11-15-2014, 05:59 PM #424
-
-
11-15-2014, 06:28 PM #425
Please do post some proof. According to this you're close, if not better than some federations records for your weight class http://muscleandbrawn.com/strong-str...tural-lifters/
-
11-15-2014, 06:45 PM #426
-
11-15-2014, 07:24 PM #427
-
11-15-2014, 07:30 PM #428
If you can't see the difference between now Vemma and McDonalds generate revenue, then you're truly helpless.
Vemma is selling a business opportunity to sell a business opprortinity. The drinks are incidental to the business. It could be goat urine and it would still move through the pyramid because it's a requisite for making money. It's the tool that enables the money game.
McDonald's sells cheeseburgers to hungry people.
Get it?
-
-
11-15-2014, 07:31 PM #429
-
11-15-2014, 07:32 PM #430
Just noticed thread got bumped and wanted to give my input on pyramid schemes. Not saying everyone of them fails, but most of them do, and for a good reason: it's almost impossible to get rich quick, everything takes dedication and hard work, like figuring out the risks with investing in value stocks or high interest CDs.
Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength. - The Austrian Oak
-
11-15-2014, 07:48 PM #431
Ive got a guy on my ******** like that. It makes me pretty sad actually. Dude looks like the kind of guy that wants to get ahead and probably would too if he got into something legit. Unfortunately these pyramid schemes give people the "I'm my own boss" mindset and allow its naive members to make themselves look important by attending seminars run by random suits whose names you should know and if you don't "your business awareness just isn't high enough". These schemes are a cancer. They target vulnerable people who feel like they can't get ahead through other ways and are desperate to be the 1%. They remind me a lot of those girls that are desperate for love and are willing to hop on anything which even hints it. Just like them, they tend to get fuked and left with less dignity.
Last edited by IBench5Pounds; 11-15-2014 at 07:55 PM.
-
11-15-2014, 07:59 PM #432
-
-
11-15-2014, 08:02 PM #433
-
11-15-2014, 08:09 PM #434
-
11-15-2014, 08:12 PM #435
In fact I had a Verve Bold and it was disgusting. Really gross. But that's neither here nor there.
If you really think there's a market for $4 8oz energy drinks, then you're crazy. Nobody would be buying them if it weren't for the love of money that's instilled in the recruits. Seriously, I don't know many people who are in the market for $500 in energy drinks. Vemma is successful, as a company, because pyramid schemes are like printing money if you're at the top. The overwhelming % of participants are not successful though. Out of 105k active affiliates, only ~250 make $100k+. If that.
-
11-15-2014, 08:14 PM #436
-
-
11-15-2014, 08:18 PM #437
Nobody knows for sure. The CEO won't say. In fact he wrote a letter to the FTC lobbying to make it harder for the FTC to get MLM's to disclose this info. No, not shady at all.
Best guess after extrapolating all available data, it's probably around 10-15% which is probably half from affiliates family's who feel sorry for their son/daughter.
-
11-15-2014, 08:32 PM #438
-
11-15-2014, 08:36 PM #439
So I'll answer my own question in a much less complicated and more accurate way. The only variable between a Network Marketing company that wins and loses is the right leadership and product. Leadership to launch it and attract people and a product people genuinely enjoy so business will grow pretty easily. Vemma has gone from 50 million to 117 to 221 million in the past 3 years... Doubling 3 straight years.
And imagine if McDonald's gave you a free burger every time they tell 3 of their friends to go. Their sales would probably go up. So yeah Vemma has that opportunity, I would imagine more people would go to McDonald's if they could do that.
The only way any profit is made by the company or affiliates is through product sales. "Signing up" is literally free. Your website is free. If you're broke? You can make a free account, get a free website, and if you have 3 orders of 2 cases you can have your two cases for free and then be eligible to make commissions. That's why this is now classified as an Affiliate Marketing company.
I know for sure. Their comp plan only pays out based on product sales.355 Bench
565 Dead
520 Parallel Box Squat
-
11-15-2014, 08:41 PM #440
Ban me for supporting good network marketing companies because they provide people an opportunity to make money for sharing a product that they like that now wants to pay them instead of advertisements?
That would be like banning someone because they like powerlifting and you don't because some people are fat who power lift and you're mad.355 Bench
565 Dead
520 Parallel Box Squat
-
-
11-15-2014, 08:42 PM #441
-
11-15-2014, 08:46 PM #442
-
11-15-2014, 08:48 PM #443
-
11-15-2014, 09:03 PM #444
- Join Date: Oct 2003
- Location: Tulsa, Oklahoma, United States
- Age: 41
- Posts: 6,795
- Rep Power: 2822
-
-
11-15-2014, 09:04 PM #445
Well about 70% are customers, 30% are affiliates so you should probably be able to figure it out.
Awesome.
And for the income disclosure charts, I love them. I mentioned this before. You know exactly what you have to do to get to each rank and see what you get paid.
If you make just $1 in Vemma, that's more money than Monster/Redbull/Coca Cola/Pepsi/GNC/ON/Starbucks have ever paid their customers.355 Bench
565 Dead
520 Parallel Box Squat
-
11-15-2014, 09:05 PM #446
-
11-15-2014, 09:10 PM #447
Wrong. The income disclosure says that "in 2013 105k affiliates and 240k customers enjoyed our products." It says nothing about revenue. Very clever. It stands to reason that there's not a 1:1 ratio between revenue generated from customers vs affiliates. Affiliates spend much more than customers over the course of the year. Vemma also counts an affiliate who hasn't enrolled anyone yet, regardless of their intention to be involved in the business, as a customer. Also very clever. The company says nothing about revenue. Please show me otherwise.
-
11-15-2014, 09:14 PM #448
No, you can't. Just because 70% are customers and 30% are affiliates... Doesn't mean that vemma doesn't get 70% of its gross sales from "affiliates" and 30% from "customers". Each of their 246K customers could have bought one drink, while affiliates all bought 3... That's the info we're looking for.
Fantasy Football Team (1ppr) - http://i.imgur.com/o4i4xs3.png
-
-
11-15-2014, 09:15 PM #449
- Join Date: Sep 2011
- Location: Illinois, United States
- Age: 31
- Posts: 3,862
- Rep Power: 4824
I want to put it out there that there is a difference between a pyramid scheme and MLM style company. That being said, I take part in an MLM style company and its paying my way through college but I have seen pyramid schemes go down the tank. Herbalife is currently on the way out
American Patriot
Moderate Republican Crew
-
11-15-2014, 09:19 PM #450
Exactly. Basic math. Vemma won't release the revenue breakdown. The CEO did say 8% of revenue in 2013 came from $500 affiliate packs. And that's all he'll say.
That means they sold 32k affiliate packs. And of those 32k people that bought them, about 800 made minimum wage last year. Actually less since that would not account for the people already at that income level to start the year. That's 31,200 people who got into this for the business and didn't even make minimum wage. That money went straight to the top.Last edited by Whynatte; 11-15-2014 at 09:25 PM.
Bookmarks