Thursday, March 13, 2008

Re: [MLM Survivors Club] RE Need info on Herbalife

On Thu, Mar 13, 2008 at 5:20 PM, senorblanco222 wrote:

> What percentage of those who join MLM don't really make significant money or lose money?
> My estimate is that it least has to be 80% or more, but I curious as to what all of you think?

0.025% of all people who sign up in an MLM do _not_ lose money.
IOW, they either broke even, or lost money.

0.01% of all people who sign up in an MLM show a net profit.

Roughly 95% of all people who join an MLM are out within 120 days.
Roughly 2% of people who join an MLM advance one level.
Roughly 0.004% of the people who join an MLM advance more than one level.

A self selected group of MLM advocates reported that 49% grossed less
than US$200 per month.
By combining data from several MLMs, the average annual gross revenue
of somebody on the first rung is under US$200.

In the majority of MLMs, revenue from retail sales is negligible.

xan

jonathon

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