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The_Dunedan

07-20-2007 03:00 AM

"Crack"-ing MLM

OK, time to have some fun.

I'm being rather aggressively approached by a representative for a utilities company which uses MLM to sell its' services. I have to say this is the first such thing I've heard of which sells services instead of products.

I'm meeting this gent in a bit, and he's gonna try and hit me with the pitch. He's already offered to waive the "license fee," so I think I may have a real live one here. If this turns out to be a scam, I intend on having as much email-related fun as I can with this, all for your enjoyment.

I have to say, however, that I'm intrigued by this. I've never heard of an MLM scheme working out well, but all such things that I've heard of involved product sales, not services. Services could theoretically avoid the market-saturation problem with product sales...in any case, he's buying the beer.

Redlemon

07-20-2007 05:24 AM

Looking forward to your tale...

Quote:

Originally Posted by The_Dunedan

...in any case, he's buying the beer.

... and watch for the rohypnol.

seretogis

07-20-2007 06:24 AM

For those of us too lazy to wiki.. MLM?

Esoteric

07-20-2007 06:31 AM

Quote:

Originally Posted by seretogis

For those of us too lazy to wiki.. MLM?

Sure.

Quote:

Originally Posted by Wiki

Multi-level marketing businesses function by recruiting salespeople (also called Distributors, Independent Business Owners, IBOs, Franchise Owners, Sales Consultants, Beauty Consultants, Consultants, etc.) to sell a product and offer additional sales commissions based on the sales of people recruited into their downline, an organization of people that includes direct recruits, recruits' recruits, etc. This arrangement is similar to franchise arrangements where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager, but in some MLM programs, there can be seven or more levels of people receiving royalties from one person's sales.

http://en.wikipedia.org/wiki/Multi-level_marketing

Cynthetiq

07-20-2007 06:33 AM

Big Planet?

The_Dunedan

07-20-2007 07:37 AM

Well, no roofies and no obvious signs of a scam so far. No huge presentation, onl y passing reference to sales figures, and hard numbers on market share, turnover, and rate of growth. Company operates in about a half-dozen EU nations, no major complaints that I can find on the web, and they've been around since 2000. No payment for signing people up. Hmm.

I think I'll play this one a little longer, see what he comes up with. I can't find any serious complaints about this company from the UK, even though they're fairly high-profile. If it's a scam, it's a particularly well-thought-out one.

Crack

07-20-2007 08:57 AM

ok...what did I do now?

Cynthetiq

07-20-2007 09:07 AM

so what is the name of the group or parent company?

The_Dunedan

07-20-2007 09:38 AM

Euphony, a British outfit selling mobile phone service, internet, etc. Anybody here have any experiance with these guys? They're never getting any money out of me, no doubt of that, but if they're legit I'd like to know. Cuz otherwise...:) :thumbsup:...we gonna have some fun...

cj2112

07-20-2007 11:27 AM

Are you seriously asking if a company named YOU PHONY is legit?

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