Network Marketing Things You Must Have Missed - Is it a Scam? Episode3

Why do some people call things a scam?

🤔 Usually, it’s not because they did deep research—it’s because they don’t understand how it works.
You can reach me here, right click open: https://CiscoBalbontin.com/

Think about it… people doubt things all the time until they see real results.

💡 Science and data don’t care about opinions, only facts. Here are some facts about Network Marketing.
Historical Context:
• The concept of network marketing dates back to the early 20th century, with companies like Avon (founded in 1886) and Amway (established in 1959) pioneering the model.

Global Revenue:
• In 2022, the global MLM industry was valued at approximately $201 billion and is projected to reach $329 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.5%. 
That's more revenue than the Film, Music and Sports Industry combined. #Mindblown

Commissions and Earnings:
• Between 2009 and 2017, distributors worldwide earned about $600 billion in commissions, while network marketing companies generated nearly $1.5 trillion in sales during the same period. 

Number of Companies:
• As of recent data, there are approximately 6,000 direct selling or network marketing companies operating globally. 

Participant Demographics:
• Over 114 million independent representatives were involved in the direct selling market worldwide in 2022. 

Product Categories:
• The wellness sector leads the MLM product categories, accounting for around 34.7% of sales in 2022. 

Geographical Insights:
• The United States holds a 23% share of the global direct selling market, making it the largest market for network marketing. 

These statistics highlight the substantial impact of network marketing on the global economy and its continued growth as a business model.
Make sure you don’t look foolish in conversations just because you’re uninformed or misinformed about this massive industry. 💡 Is it possible that some bad actors run scams and rip people off? Of course—just like in any industry. Remember when banks collapsed and took millions of people’s money? Wells Fargo? Lehman Brothers? Yet, you still trust a bank with your money every month. Oh… interesting. 🤔 Maybe it’s time to think twice before making blanket statements. 😉
“If you have questions or if you’re serious about building a business or side hustle with network marketing and a stock exchange-listed company, reach out to me. 🚀 The opportunity we have is too good to be missed! 🔥 Let’s talk. 👇” You can reach me here, right click open: https://CiscoBalbontin.com/

Видео Network Marketing Things You Must Have Missed - Is it a Scam? Episode3 канала Cisco Balbontin