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LISA MADIGAN

Source: www.illinoisattorneygeneral.gov
Topic: Multilevel Marketing

Sort Desciption: Many of these offers involve multilevel marketing plans which give ... The most common multilevel marketing opportunities involve vending machines that ...

Content Inside: LISA MADIGAN ILLINOIS ATTORNEY GENERAL Things You Should Know About.MULTILEVEL MARKETING It's exciting to think about starting your own business and you don't have to look far to find offers for business opportunities. Many of these offers involve multilevel marketing plans which give you a chance to sell products or services as part of a distributor system. The promoters claim it's a chance to become involved in a new way to market or unique new idea that will result in financial success. Unfortunately the opportunity is seldom as easy or financially rewarding as the promoter would like you to believe. Common Multilevel Marketing Opportunities The most common multilevel marketing opportunities involve vending machines that dispense food personal care items laundry products stamps newspapers or other products. Other plans relate to real estate ventures retail sales operations telephone services farm supplies magazine sales and loan brokering to name just a few. Multilevel Marketing Advertisements Promoters often use classified advertising and direct mail to solicit investors and distributors. Be cautious of advertisements with: no company name or address; only a telephone number (especially if it is a hotel number); income promises that sound too good to be true; vague phrases that leave you wondering what the business really involves. Common Problems Through investigation the state has identified some common problems associated with multilevel marketing and business opportunity plans. #1 Exaggerated Profits. One major problem with multilevel marketing and business opportunity advertising is the overstatement of earning potential-claims that you can make more money than possible-due to the fact that many business promoters use hypothetical income projections rather than amounts actually being made. #2 Exaggerated Market. Another problem is the overstatement of market potential for the service or product you're interested in selling. In other word ...

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