UK, Ireland /
Polish Entrepreneurs wanted to expand in Europe [19]
OK Nobby, time to come clean - you work for a company called Euphony and if you type "euphony" and "pyramid" into google, we can all see what a scam it is.
Network Marketing
Vs
“Pyramid Schemes”
Because the doubling principle applies both to Network Marketing compensation plans and “pyramid schemes” alike, it is important that you know the difference.
Illegal pyramids schemes generate income based solely on the recruitment of vast number of people. These people must buy something of questionable value in order to “earn the right” to recruit others into the scheme. There is no legitimate product or service to be consumed or retailed to the public….sometimes, there is not even a company!
A pyramid is a variation on the old chain letter, where a few people who get to the top win and everyone else loses. It is not a business development opportunity. It appeals to greed alone.
Network Marketing distributes products to retail customers and services their wants and needs. It requires time, energy and effort to train and manage others to develop their businesses.
This is the foundation of a Network Marketing compensation structure.
By compensating “upline” distributors in addition to the immediate sponsor, the new distributor has a better chance of success, because there are several other people (all “upline”) who have a vested interest in you and will help you succeed.
