Friday, June 08, 2007

IS MLM = NETWORK MARKETING??

A friend told me that he is doing network marketing, then I say," Oh, MLM la!!" Seems like a taboo word to my friend, he kept saying the MLM is DIFFERENT from network marketing. Ok.... I decided to do some research.

First, I went to the DSAS(Direct Selling Association of Singapore) to check out more about Multi-Level Marketing, Ponzi Pyramid so on and so forth. There is no mention of the term "network marketing" in the entire website. So is it true that MLM don't = NETWORK MARKETING??

I doubt so. Any mature-thinking adult who has came across MLM or network marketing, or even joined the MLM company, will somehow know that Amway is the oldest MLM (or network marketing) company in the world. DSAS was formed specifically to represent the interest of legitimate direct selling companies operating in Singapore, in this case, MLM companies...




So is Amway a member of DSAS?? Definitely!! So who dares say the Amway is NOT a network marketing company?



If you can click on it and enlarge it, you will be able to see network marketing on the webpage.

So, its really very confusing.... Is the oldest MLM/network marketing company also confused, and they joined DSAS as a member and branding itself of doing 'illegal' MLM? Or has it gone coco?

Hmm... probably the reason is that MLM AND NETWORK MARKETING IS DARN THE SAME!!!

Of course, if I were to type in the term "network marketing", I will definitely get searches that say MLM as well. Do it yourself.

So at the end of the day, why will some sane people say that MLM is illegal in Singapore but Network Marketing is not??

The obvious reason will most probably be that they have no guts to let people know that they are in fact doing MLM, so 'honey-coated' the word "Network Marketing". After all, it is definitely a nicer word to say.

That may be the same as an insurance agent and a financial adviser, is it the same? Hmm... well I will suppose that the jobscope is largely similar. However, that is a "Financial Advisers Act". Why DSAS don't say "Network Marketing" in its website?

So in this case, is MLM a Singapore word, and "network marketing" an ang moh word? You decide for yourself....

Well, a good reason why someone will say that he is doing network marketing but not MLM would probably be that MLM is the nature and structure of the compensation plan.....


"So is it reasonable to say that those people who say that they are doing "network marketing" not MLM, are simply turtles, and are simple not proud of the career that they are having, or they just made a genuine mistake? Its not up to me to comment about it."

5 comments:

Anonymous said...

wah lau.. u do mlm b4 lehz.. u shud understand the situation as well.. there a lot of ppl trying to cover up.. making the image not very good.. plus.. they are prospecting ppl thru msn.. friendster.. even worst..

Anonymous said...

yeah I know, at least we are proud enough to say that we doing MLM. Not like those who say" Oh, we not doing MLM, we doing Network Marketing!! MLM is illegal!!" wtf man....

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