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  #235  
Old 07-07-2005, 01:55 PM
Synik Synik is offline
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Join Date: Jul 2005
Posts: 485
Re: Market America?

Onthe fence,
Let's in 2002 sales were 235,000,000 ( and I have no reason to doubt that number.) with IBO at 100,000....average income was $2350.

$2350 of course when you take out the fee to join, seminars (transportation, hotels and meals) you are too attend, marketing books and tapes....

It's designed to make money on YOU, thats how they make the majority of their money, on internal sales...sales not outside their own IBOs.

"but I bet you if you asked him/her if they would die for you I bet he/she would tell you NO and probably laugh at you for asking"...this is a "canned" MorecrapAmerica comment. I heard it at the seminar I attended. GoNow is just doing his job.

It's a losing venture.


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  #236  
Old 07-07-2005, 02:06 PM
GoNow GoNow is offline
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Re: Market America?

So was $138,000,000 just a number you made up?

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  #237  
Old 07-07-2005, 02:06 PM
Synik Synik is offline
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Join Date: Jul 2005
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Re: Market America?

Onthefence,

10 lies of MLM...do these sound familiar???

Lie #1: MLM offers better opportunities than all other conventional
business and professional models for making large amounts of money.
Truth: For almost everyone who invests, MLM turns out to be a losing financial proposition. Fewer than 1% of all MLM distributors ever earn a profit and those earning a sustainable living at this business are a much smaller percentage still.

Extraordinary sales and marketing obstacles account for much of this failure, but even if the business were more feasible, sheer mathematics would severely limit the opportunity. The MLM business structure can support only a small number of financial winners. If a 1,000-person downline is needed to earn a sustainable income, those 1,000 will need one million more to duplicate the success. How many people can realistically be enrolled? Much of what appears as growth is in fact only the continuous churning of new enrollees. The money for the rare winners comes from the constant enrollment of armies of losers. With no limits on numbers of distributors in an area and no evaluation of market potential, the system is also inherently unstable.

Lie #2: Network marketing is the most popular and effective new way to bring products
to market. Consumers like to buy products on a one-to-one basis in the MLM model.

Truth: Personal retailing -- including nearly all forms of door-to-door selling -- is a thing of the past, not the wave of the future. Retailing directly to friends on a one-to-one basis requires people to drastically change their buying habits. They must restrict their choices, often pay more for goods, buy inconveniently, and engage in potentially awkward business relationships with close friends and relatives. In reality, MLM depends on reselling the opportunity to sign up more distributors.

Lie #3: Eventually all products will be sold by MLM. Retail stores, shopping malls,
catalogs and most forms of advertising will soon be rendered obsolete by MLM.

Truth: Fewer than 1% of all retail sales are made through MLM, and much of this is consists of purchases by hopeful new distributors who are actually paying the price of admission to a business they will soon abandon. MLM is not replacing existing forms of marketing. It does not legitimately compete with other marketing approaches at all. Rather, MLM represents a new investment scheme couched in the language of marketing. Its real products are distributorships that are sold through misrepresentation and exaggerated promises of income. People are buying products in order to secure positions on the sales pyramid. The possibility is always held out that you may become rich if not from your own efforts then from some unknown person ("the big fish") who might join your "downline."

MLM's growth does not reflect its value to the economy, customers, or distributors, but the high levels of economic fear, insecurity, wishes for quick and easy wealth. The market dynamics are similar to those of legalized gambling, but the percentage of winners is much smaller.

Lie #4: MLM is a new way of life that offers happiness and fulfillment.
It provides a way to attain all the good things in life.

Truth: The most prominent motivational themes of the MLM industry, as shown in industry literature and presented at recruitment meetings, constitute the crassest form of materialism. Fortune 100 companies would blush at the excess of promises of wealth, luxury, and personal fulfillment put forth by MLM solicitors. These appeals actually conflicts with most people's true desire for meaningful and fulfilling work at something in which they have special talent or interest.

Lie #5: MLM is a spiritual movement.

Truth: The use of spiritual concepts like prosperity consciousness and creative visualization to promote MLM enrollment, the use of words like "communion" to describe a sales organization, and claims that MLM fulfills Christian principles or Scriptural prophecies are great distortions of these spiritual practices. Those who focus their hopes and dreams upon wealth as the answer to their prayers lose sight of genuine spirituality as taught by religions. The misuse of these spiritual principles should be a signal that the investment opportunity is deceptive. When a product is wrapped in the flag or in religion, buyer beware! The "community" and "support" offered by MLM organizations to new recruits is based entirely upon their purchases. If the purchases and enrollment decline, so does the "communion.'"

Lie #6: Success in MLM is easy. Friends and relatives are the natural prospects.
Those who love and support you will become your life-time customers.

Truth: The commercialization of family and friendship and the use of"'warm leads" advocated in MLM marketing programs are a destructive element in the community and very unhealthy for individuals involved. People do not appreciate being pressured by friends and relatives to buy products. Trying to capitalizing upon personal relationships to build a business can destroy one's social foundation.

Lie #7: You can do MLM in your spare time. As a business, it offers the greatest flexibility
and personal freedom of time. A few hours a week can earn a significant supplemental income
and may grow to a very large income, making other work unnecessary.

Truth: Making money in MLM requires extraordinary time commitment as well as considerable personal skill and persistence. Beyond the sheer hard work and talent required, the business model inherently consumes more areas of one's life and greater segments of time than most occupations. In MLM, everyone is a prospect. Every waking moment is a potential time for marketing. There are no off-limit places, people, or times for selling. Consequently, there is no free space or free time once a person enrolls in MLM system. While claiming to offer independence, the system comes to dominate people's entire life and requires rigid conformity to the program. This is why so many people who become deeply involved end up needing and relying upon MLM desperately. They alienate or abandon other sustaining relationships.

Lie #8. MLM is a positive, supportive new business that
affirms the human spirit and personal freedom.

Truth: MLM is largely fear-driven. Solicitations inevitably include dire predictions about the impending collapse of other forms of distribution, the disintegration or insensitivity of corporate America, and the lack of opportunity in other occupations. Many occupations are routinely demeaned for not offering"unlimited income." Working for others is cast as enslavement for "losers." MLM is presented as the last best hope for many people. This approach, in addition to being deceptive, frequently discourages people who otherwise would pursue their own unique visions of success and happiness. A sound business opportunity does not have to base its worth on negative predictions and warnings.

Lie #9. MLM is the best option for owning your own
business and attaining real economic independence.

Truth: MLM is not true self-employment. "Owning" an MLM distributorship is an illusion. Some MLM companies forbid distributors to carry other companies' products. Most MLM contracts make termination of the distributorship easy and immediate for the company. Short of termination, downlines can be taken away arbitrarily. Participation requires rigid adherence to a "duplication" model, not independence and individuality. MLM distributors are not entrepreneurs but joiners in a complex hierarchical system over which they have little control.

Lie #10: MLM is not a pyramid scheme because products are sold.

Truth: The sale of products does not protect against anti-pyramid-scheme laws or unfair trade practices set forth in federal and state law. MLM is a legal form of business only under rigid conditions set forth by the FTC and state attorneys general. Many MLMs are violate these guidelines and operate only because they have not been prosecuted. Recent court rulings are using a 70% rule to determine an MLM's legality: At least 70% of all goods sold by the MLM company must be purchased by nondistributors. This standard would place most MLM companies outside the law. The largest MLM acknowledges that only 18% of its sales are made to nondistributors

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  #238  
Old 07-07-2005, 02:09 PM
GoNow GoNow is offline
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Re: Market America?

Like I said before it's not required to addent trainings or buy tapes. It's just recamended if you want to grow.
Even if that statment is canned does it not hold any truth??

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  #239  
Old 07-07-2005, 02:12 PM
Synik Synik is offline
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Re: Market America?

No, $130,000,000 was a number I got from a DSA site defining MA. Face it...the numbers suck.

All your feel good is just that...BS....Let me ask you, who founded MarketAmerica...and what other business have they started?

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  #240  
Old 07-07-2005, 02:40 PM
usta~b~gonow usta~b~gonow is offline
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Re: Market America?

OnTheFence, Ma is a tought way to make a living. I was in the business for two years and worked it realy hard, And LOST ALOT OF TIME, MONEY, and ENERGY. And there is nothing spritual about it...

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  #241  
Old 07-07-2005, 02:43 PM
usta~b~gonow usta~b~gonow is offline
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Re: Market America a scam?

It is a scam if your parents are using you to qualify to build their business!

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  #242  
Old 07-07-2005, 03:07 PM
usta~b~gonow usta~b~gonow is offline
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Re: Market America?

and by the way, I'm typing this while I am cleaning my home office, throwing away ALL my "stuff" I have gotten (bought and paid for)over the the past 2 years from MA. I must have lost about 5K!

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  #243  
Old 07-07-2005, 04:43 PM
GoNow GoNow is offline
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Re: Market America?

It's a good thing those 10 lies don't apply to us because we are NOT multi-level marketing!
So all this "feel good is just BS" huh?......well then BS feels pretty good not having to punch a clock.
James H. Ridinger founded MA (along with other indivedules) and I'm not aware of any other business they started. Are you trying to make a point with this question or are you just curious?
Usta B
I'm sorry you didn't do well with this business but just because you stink at golf dosen't mean golf stinks.

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  #244  
Old 07-07-2005, 04:50 PM
GoNow GoNow is offline
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Re: Market America a scam?

What his parents did is wrong that does not mean it's a scam. When the owner of a corperate business hires his unqualified son to manage it when there are more qualified individules already working there doesn't make that business a scam but it happens frequently. So tell me, what's the differance?

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  #245  
Old 07-07-2005, 04:55 PM
GoNow GoNow is offline
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Re: Market America?

Why is everyone avoiding MY QUESTIONS :mad: ??

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  #246  
Old 07-07-2005, 05:15 PM
Synik Synik is offline
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Re: Market America?

You're not Multi-level Marketing???...really???....Tell me how you are not and MLM. This I have to hear....

"I'm sorry you didn't do well with this business but just because you stink at golf dosen't mean golf stinks."...what is this in reference too?

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  #247  
Old 07-07-2005, 05:25 PM
Synik Synik is offline
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Re: Market America?

SECURITIES AND EXCHANGE COMMISSION v. GILBERT A. ZWETSCH
AND JAMES H. RIDINGER, U.S. District Court for the District of Columbia,
Civil Action Number 99-1088 (LFO) (May 4, 1999) (D.D.C.)

SEC CHARGES GILBERT A. ZWETSCH AND JAMES H. RIDINGER WITH
ILLEGAL SALES OF MARKET AMERICA STOCK; CEASE-AND-DESIST ORDER
ISSUED AGAINST MARKET AMERICA AND RICHARD D. HALL, JR.

The Securities and Exchange Commission today filed a Complaint in the United States District Court for the District of Columbia against Gilbert A. Zwetsch ("Zwetsch"), 59, a former stockbroker from Spokane, Washington, and James H. Ridinger ("Ridinger"), 47, of Greensboro, North Carolina. Ridinger is president and CEO of Market America, Inc. ("Market America"), a North Carolina direct marketing company. The Complaint alleges that the two defendants violated the antifraud and other provisions of the federal securities laws in connection with an unregistered distribution of Market America stock and other activities.

Both defendants, without admitting or denying the Complaintís allegations, consented to final judgments permanently enjoining them from future violations of the antifraud, securities registration and reporting provisions of the federal securities laws, and requiring them to pay a total of more than $2 million in disgorgement, interest, and civil penalties. Both also agreed to Orders prohibiting them from participating in any future offering of penny stock.

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  #248  
Old 07-07-2005, 05:35 PM
GoNow GoNow is offline
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Re: Market America?

We are not multi-level marketing because mlm's require numerous people at each level in order to recieve commissions. We don't get paid on levels. In mlm's each level gets a certain percentage of volume that is sold below them (usually only 5% at the bottom and the percentage goes up as you go up in levels) where as MA gets 100% of the volume from infinnity below all the way to up. Also MA has no break-aways. That's when a distributer below your organization hits a certain level they break away from your organization and you have to struggle to replace that missing level or you won't be paid as much as you used to.

What that quote is in referance to (if I have to spell it out for you) is just because usta stinks at network marketing doesn't mean network marketing stinks!

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  #249  
Old 07-07-2005, 05:46 PM
GoNow GoNow is offline
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Re: Market America?

Yeah, we all know about that trial. JR Ridinger settled that case leagelly because the plaintifs were trying to blackmail JR to give them the business which didn't work. That's why MA is now a privatly owned (not publicly traded) company. JR bought all of the stock of MA so the plaintiffs couldn't get any of it to keep the business alive.
Shortly after both plaintifs were sent to prison because of fraud for another issue.

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  #250  
Old 07-07-2005, 05:49 PM
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scambuster scambuster is offline
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Re: Market America?

Quote:
Originally Posted by GoNow
What is it with everyone and the FDA???
In our country, we depend on the United States Food and Drug Administration to protect us from bad things and scams.

The FDA is responsible for protecting the public health by assuring the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices, our nationís food supply, cosmetics, and products that emit radiation. The FDA is also responsible for advancing the public health by helping to speed innovations that make medicines and foods more effective, safer, and more affordable; and helping the public get the accurate, science-based information they need to use medicines and foods to improve their health.

I don't know how they do it where you are from, but we have a governmental agency that protects us from quackery and false claims made by those who would harm us with pseudo-medicine.



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  #251  
Old 07-07-2005, 05:52 PM
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scambuster scambuster is offline
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Re: Market America?

Quote:
Originally Posted by Synik
...and remember, 98% of people either lose or make no money at all.

Year 2002 MA sales: 138,000,000. with and estimated 100,000 IBO....mmmmmmmm $1380. a year/per person.....You can do that with a paper route and less time.
Hee hee...you can do that WEEKLY with a coupla paper routes!
:)

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  #252  
Old 07-07-2005, 05:53 PM
GoNow GoNow is offline
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Re: Market America?

Will someone please bring scambuster up to speed why we're not talking about the FDA anymore!


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