Global Statistics on Office Workers #infographic
It is generally accepted that the first network-marketing plan was devised by the California Vitamin Company in 1945.
The subject of heated debate, criticism and even lawsuits, network marketing (or Multi-level marketing) is typically viewed as a pyramid scheme model and arguably presents many downsides.
Typically, it requires high amounts of start-up funding, focuses on recruiting lower-tiered sales personnel over achieving sales and comprises of complicated, unrealistic compensation schemes.
A government study into Amway (a well-known multinational direct-sales company) and their sales agents revealed that just 10% of their active U.K. work-force actually made any profit.
Statistically, network marketing does not work for 90% of those involved, and by understanding exactly how it works and the risks involved, the individual can begin to realise that although senior executives earn the most money in every industry, network marketing is typically exploitative in nature, and is not financially viable for 90% of people working within it. Check out these Global Statistics on Office Workers.
This guest post was contributed by The Gap Partnership; experts in business negotitaions and consultation.