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pyramid scheme or no?

  • 19-10-2012 9:03pm
    #1
    Registered Users, Registered Users 2 Posts: 105 ✭✭


    The missus came home 2 weeks ago after talking to her cousin about Forever Living Products.then followed a meeting she went to so she could learn more about how to get into selling for them.
    She's not working at the moment,so wants to borrow €368 from me for a starter pack.
    Of course alarm bells started ringing from the moment she told me about all this.thing is though,she didn't hear them.
    Anyone ever work for,or had any dealings with FLP?
    Sounds dodgy as **** to me.


Comments

  • Closed Accounts Posts: 8,411 ✭✭✭ABajaninCork


    It exists all right.

    I've heard of them in the US and Caribbean. But have never heard of them here or in the UK. Have you tried Googling to see if there are any Irish agents here?


  • Registered Users, Registered Users 2 Posts: 105 ✭✭marble


    It exists all right.

    I've heard of them in the US and Caribbean. But have never heard of them here or in the UK. Have you tried Googling to see if there are any Irish agents here?

    I googled them and there seems to be conflicting views,so when I show her a bad review,she shows me a good one!


  • Registered Users, Registered Users 2 Posts: 1,327 ✭✭✭Chuck_Norris


    marble wrote: »
    The missus came home 2 weeks ago after talking to her cousin about Forever Living Products.then followed a meeting she went to so she could learn more about how to get into selling for them.
    She's not working at the moment,so wants to borrow €368 from me for a starter pack.
    Of course alarm bells started ringing from the moment she told me about all this.thing is though,she didn't hear them.
    Anyone ever work for,or had any dealings with FLP?
    Sounds dodgy as **** to me.

    Google forever living products scam. I think you'll get your answer.

    Or just click here.


  • Registered Users, Registered Users 2 Posts: 7,903 ✭✭✭frozenfrozen


    Show her this thread.




    ITS A SCAMMMMMMMMMMM


  • Closed Accounts Posts: 3,572 ✭✭✭msg11


    Forever living.. Just steer clear of anyone asking for money in return for work is the golden rule.


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  • Closed Accounts Posts: 4,001 ✭✭✭Mr. Loverman


    A few years back a friend and I went to a conference thing where a similar MLM scheme was being presented.

    In a nutshell: the agents make their money from the introductory fees. The product they sell is secondary. They told us this. So what they would want your wife to do is to get as many people to join the scheme so she gets x% of the introductory fee and the rest is split between whoever hired her and the person who hired that person and so on.

    I don't think it's fair to call it a pyramid scheme, but it's definitely peculiar.


  • Registered Users, Registered Users 2 Posts: 2,876 ✭✭✭deelite


    A woman at the school gate has just given me their brochure. In fairness their gift sets are extremely expensive and personally if I had 50 euro to spend on a treat for myself I would buy a brand product (estee lauder, Elizabeth Arden etc). Plus the woman was trying to encourage me to "be my own boss"


  • Moderators, Category Moderators, Arts Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 16,662 CMod ✭✭✭✭faceman


    It's not a scam or dodgy but its pointless. They're are quite a few sellers in Ireland so unless you are in an area with very few sellers then your earning potential is very limited

    For a start the product margins are limited. You won't live on it. AFAIK you can't sell to retailers either so no chance of bulk sales

    As someone already said the earning potential is by recruiting new sellers. (Hence my earlier comment about being in an area with very few sellers)

    The products are very over priced IMO but the quality of the product is very good.

    If it was me I'd get a part time job in a shop. You'll likely earn more money with less work! :)


  • Closed Accounts Posts: 3,591 ✭✭✭RATM


    Its not a scam but it is a hierarchical pyramid, its a type of sales called network selling. The primary aim is to recruit your own downline and get them selling and then encourage them to recruit more agents themselves. Basically the more agents and agents they recruit and so on that you have the more commission you get.

    Most people aren't suited to this type of work. You have to be a real people person and be able to persuade and motivate others in order to be successful. You gotta attend a lot of events that are very Americanised and not to everyones taste.

    A friends mother did it for about 12 years, up until recently. She set a target of recruiting 3 good sales agents per year. At one stage she was up to about 30 odd but a some left. Regardless she was outstanding at it and topped the sales charts for Ireland on a number of occasions. She recruited people from several counties and had a right proper network going, she already knew tons of people from church and from previously running hotels in different parts of Ireland. She is basically the type of person who gets on well with everyone and has the intelligence to know what makes them tick.

    She no longer sells or recruits but her downline of about 20 agents are still selling and recruiting themselves which means she still makes money from it. Even though she is now out of it she still gets a cheque of around €4k (gross) per month. As long and they keep selling and they recruit others she will still get that cheque till the end of her days.

    So having personal experience of it I would say that there are those who make a nice few quid. However you have to throw yourself into it. If you can recruit, train and build up a good network of agents who then recruit more then there is money to be made, its not for everyone though.


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