Tuesday, December 9, 2008

Question on MLM- Are the products worth the money?

What a great day! I was very fortunate today to get a letter from a person interested in Network Marketing. He posed an incredible question that myself and many have asked regarding Network Marketing and I want to include it today and also give you my answer for Richard.



Dear Mr. Thompson,
I have watched the two presentations on your website and feel they explain network marketing better than any others I have ever seen. (www.whatrichdo.com) I have no problem with the concept of MLM or network marketing, in fact, I believe it is a good business model. My concern is that I have not yet come in contact with a network marketing company that sold products or services that I thought were a good enough value to warrant my enthusiasm for the product and/or the business. I have a test that put any MLM product/business opportunity to and that is: Would I buy this product or service at the retail price if I was not involved or associated with this business? I have not found products or services yet that I could answer “yes” to this question. I would dearly love to find a business that markets products/services that are uniquely good enough and/or are a good enough price value that I or anyone I know would buy them. So, having said all that, what company do you represent and what products/services do you market? Do you sell them because you really, truly believe in them and that anybody would be better off using them or do you sell them because you make a lot of money doing it and even though it’s not the greatest deal going, again, you make a lot of money doing it? I want to find a product/service that I think is so good that I would want to talk to my family and friends about it because I think it is “that good” instead of feeling like I’m trying to push something on them so I can make a little (or maybe a lot) of money from their efforts. You said that you were skeptical at first. I have had enough experience with network marketing companies and products that I too, am skeptical, but not about the business model, but about the other things I have already mentioned. I would love to hear from you and have you “open my eyes” to something that I have missed in all this or tell me about a product or service that would meet my “should I get involved?” criteria that I mentioned above. You can contact me at xxxxxxxxxjuno.com and I look forward to hearing from you.
Sincerely,
Richard



Great question and this is my reply to Richard:



Dear Richard,
I also am at a disadvantage, not the same one you have, but similar in that you don't know what company I represent and I don't know anything about you. My first choice in telling you about my company would be for me to know more about you so that I would know what you would be interested in and feel it would be something of value for you. Price point is important but not always the most important thing in network marketing.
The experience I have had with the value of our products is that they are worth 10 times what I pay. Not knowing you, I would not know if you would feel the same way. The thing you have to know about me is that these products saved my life.
I don't know where it was that you found me on the Internet because I am all over the place, but if you did read my story you would know how these products saved my life. Back in 2002 I was diagnosed after multiple tests by MDs and given six months to live because of congestive heart failure. This was devastating to my family and me. My life has been full with various businesses and a continual participation in General Contracting. At about the same time I got this horrible news, I was carrying a palette of marble and tripped squashing the disk in my back at the fourth fifth lumbar. I spent two months of my six left to live in trying to use chiropractic and everything I knew to alleviate my horrendous pain. Finally, time was running out but something had to be done. I went in for back surgery and the operation was a success, but the result was I was told I could lift 5 pounds at the most for months. I would be able to work my way up to somewhere around 20 pounds within the year, which finished my career in General contracting. I had about three months left to live when I was given a tape from a trusted neighbor that told the story of a man named Dr. Joel Wallach. I grew up in a neighborhood where about every other house had a doctor living there. The name of this tape was "Dead Doctors Don't Lie." As you can imagine, the title was heresy to me. Even still, I listened to it because I was desperate. What I heard led me to believe that if it was true and that if I made changes, I would live. I paid the $10 and signed up in the company American Longevity. Long story short, I took the products and yes it cost me more money than I wanted to spend but because of the products and Dr. Joel Wallach I lived. My life is not perfect, there was damage to my heart, but I continue to take the products and I'm still alive.
The name American Longevity was changed to Youngevity a number of years ago because it was a poor fit with our international business.
Youngevity has been purchasing other companies the Wallachs felt were of value because of excellent products. They pay cash and our company is still debt free. This has led to a product line of over 450 products. We have things from: nutritional products, household items, Suzanne products, Essential oils, make-up, skin care, multiple diet products, and a separate business with energy drinks, etc. The only way to assess the full product line is to look over the products on my website.
I hope this helped you to see my perception of the value of our company. I want you to note that I have not talked about wild income claims but hope that you have seen I would take the products if I were making no money. Many people come in our business for the products and earn just enough so they can get those products for free. In fact the greater majority of the people in our business that is their goal. The ones who want to make big money also find a home in Youngevity. It was my backdoor out of my General contracting career. The truth is that what it is for you is up to you. We are back again to the question of what you would see in this business and not knowing you I cannot say if you would make any money or not.
I hope this has been of value to you and that you will continue to look into my business. My websites are at the end of my signature and I have a blog that goes into some of this information in more depth.

So that's it, a great question and my take on the answer.
Have a great day! Wes

No comments: