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MLM Intelligence E-zine

Wednesday, August 30, 2006

MLM Fatigue - LIF


It has been almost 3 years since I left the MLM industry. As I still keep in touch with my ex-networkers and quite often I get invited to check out the latest MLM company that has arrived in town. The ones that I have been invited to include some singapore MLM companies which include, Meridien, based in Park Mall. And quite a handful of others located some in Peninsular Plaza and some in Eunos area, I can't recall their names as they did not leave any deep impression on me.


It's always the usual pitch of how great the products are, how different the compensations will be and how these new companies are going to expand into new markets and that they are looking for leaders to pave the way etc.

Just last night I was invited to a HOng Kong Based Company called LFI, aka Long Fa International. It was located at Sims Drive, just minutes away from the Aljunied MRT. There were many young people at this office. Having been away from any presentation scenes for quite a while, I was quite surprised by the turnout. In fact, the person whom they claimed to be one of the top earners in this new set up happens to be someone I have met in a church camp just late last year. The last I know, he was in some pretty bad financial shape owing banks to the tune of hundreds of thousands as a result of business relations gone sour.

Anyway this company is the same one that you see advertising on TV some years back when this very popular HK serial was shown here, it's called Zhen Qin, pardon my spelling.


I managed to capture some shots of the office area. The set up is quite impressive with their products already selling in major stores like Watsons and Guardian locally. The pitch is for you to look at LFI as a manufacturing based company as supposed to many of the trading based MLM company which they claim do not last long etc. etc.

The person who presented to me was Michael, an ex-aircon technician for the last 26 years. Never been in sales and yet was able to command a 5 figure salary in less than 3 months that he was there in LFI.

You are basically encourage to purcahse a package of products worth approximately SG$2,145 which include a $25 membership fee, about 6 big bottles of Detox supplements. Product training is encouraged if you are interested in doing this business.


Also, they are working towards a Singapore listing in 3 years time, and the current market where MLM distribution is conducted are just Malaysia and Singapore.

As much as I talked about many of the considerations you need to look into before embarking on MLM, emotionally it was hard to ignore what they had to offer, especially when you personally know someone who was once in the red and now doing extremely well.



For a technician with totally no sales background, Michael was not only very professional but he was also very well groomed, dressed well, looking confident more than make up for his communication ability.

Though a health company, I see almost everyone walking around outside the office with a cigarette in hand puffing away. Guess if there is money to be made, health can take a second place for now.

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7 Comments:

  • Hi, My name is Huda.

    What i can actually comment that it's true that people should go into MLM trade for not just money, but also personal development of ourselves.

    currently,MLM is also not about a job it's about opportunity.

    About the co. that you mentioned, Long Far. It's actually an established company. That means that the co. have a more difficult quota to be fulfilled to get promoted. However, there is this local co. that I am in that is pioneering, in which the opportunity is greater.

    To get a better understanding about what I am actually doing, why not you leave me an e-mail @ miss_huzane@hotmail.com

    Thanks

    By Blogger My space, at 8:40 AM  

  • hi huda!

    If you want to, you can always present what you have over at my blog too!

    By Blogger Shei, at 1:34 PM  

  • hi sgmlm,

    being quite skeptical abt mlm,i often heard how the pdts r market at a very high value..

    gt a few qns that nd ur pointers:

    1.hw do ur access if the mlm cmpy is good? the ones u metn like herbal life,amway,foreverliving,i hve read several court cases abt them..i.e. http://en.wikipedia.org/wiki/Herbalife
    morever,this cmpies hve started long way since 20,30 yrs back in states,hw cn one earn whn everyone is already doing it,aware of it?

    2.today,if a cmpy can endorse a pdt which is selling in retail at a higher price,but thr' mlm a lower one, and endorse+taken by celebrities,does that mean this mlm cmpy is one that can work with?

    3.when we talk abt mlm,we talk abt gd pdt,gd team,gd cmpy..hw do we judge that? say i.e. lfi have superbrd award just by the b & h caspules,cmpy listed in hk sgx,does that means the cmpy is stable?

    thanks!
    curious-stricken

    By Blogger curious.stricken, at 12:20 AM  

  • 1.hw do ur access if the mlm cmpy is good? the ones u metn like herbal life,amway,foreverliving,i hve read several court cases abt them..i.e. http://en.wikipedia.org/wiki/Herbalife
    morever,this cmpies hve started long way since 20,30 yrs back in states,hw cn one earn whn everyone is already doing it,aware of it?

    ==Good or not good can be very subjective. It all depends on what one think is good or not good, it's obvious you think that just because a company has been around for 20/30 years is not good.

    ==the situation where everyone is doing mlm will never become a reality, it's the potential of our own imagination. take the example of life insurance, years ago people said it's saturated, years later, people are still reaping in million dolloars from it, case in point read last sunday times interview with a young indonesian girl. go ahead to my site again to read what is considered a good company in my opinion.



    2.today,if a cmpy can endorse a pdt which is selling in retail at a higher price,but thr' mlm a lower one, and endorse+taken by celebrities,does that mean this mlm cmpy is one that can work with?

    ==never underestimate what the endorsements of celebrities can do to a product, it does wonders actually. with such products, you are able to build a good customer base, to attract business builders, you need a entirely different criteria.


    3.when we talk abt mlm,we talk abt gd pdt,gd team,gd cmpy..hw do we judge that? say i.e. lfi have superbrd award just by the b & h caspules,cmpy listed in hk sgx,does that means the cmpy is stable?

    ==in life, we can only analyze so much, the best way to know is to go in and do it, cos there is really no end to this kind of comparision. most successful mlmers i know made it only after a few attempts at different companies. so as nike put it best, Just Do it. don't think too much.

    By Blogger Shei, at 3:20 PM  

  • hihi neo,

    thks for the advice! since u r an ex-mlmer,could i hve ur 2 cents worth on the reasons y did u went back to the rat race society? is it pdt,team,management issue?
    everything ends with consistency,effort & committment..

    By Blogger curious.stricken, at 2:04 AM  

  • er..i was never into mlm full-time. speaking of which, i have been working from home for the past 2 and half years now, making my living mostly from the web. u can learn more here...Earn Net Based Income in Singapore.

    By Blogger Shei, at 8:11 AM  

  • Hi just to check if anyone of you here is from LFI? I just got introduced to this LFI MLM. For you to be in a network (not distributor) you have to earn at least 2000 pv or 4000 pv which is you have to spent around SGD$2000 or SGD$4000? in return for SGD$1 u get 1 pv in return Ringgit$1 which is 50 cents sing dollar. Why cant we just be in a network when we sign up for a membership?

    By Blogger Unknown, at 11:44 PM  

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