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Should I invest in a Social Media Marketing Company? I have been approached to invest in one of these Social Media Marketing Companies which seem to be all over my Facebook and Instagram. Is it the future or is it just an old fashioned pyramid scheme?
20 Answers
this is really interesting as I have never heard of these, just looked it up, I guess they just market in a different way, using ordinary people to be their Distributors? But you have to pay for the products I think?
yes, you can advertise them on your Social Media and get your friends and family to sell them, too. Then they become Distributors under you, and you get promoted. I was thinking of buying a whole lot of products to get my promotion immediately, then climbing the ladder from there.
avoid, avoid, avoid, it's a pyramid scheme. Do not get involved.
my daughter actually does this, she uses the products, takes photos and does videos on her Social Media, and her friends buy them. I don't think she makes much money on them though.
it's the old Avon business model. Don't waste your money.
I don't get this climbing ladder business...what do you mean?
it's a promotional system, and if you get to the top promotion, you'll be earning £25k a month. And it's residual income, so you will earn it for life as it were...or is it a scam?
rubbish. And you say you can buy yourself up the ladder? I don't think so.
if you sell enough products, you get one promotion, then if you recruit enough people to sell too, you get another and so on.
I would use your money elsewhere, just my opinion, but sounds dodgy to me.
I have come on here for some advice. Â My daughter has just started doing this and I am worried it is a scam. Â She is really excited about it and thinks she's going to be the next Michelle Mone but I think it sounds like a pyramid scheme some advice please
My daughter did the same
thank you for replying did she? Â Does she still do it?
No she gave up I am afraid! Â She didn't make any money but interestingly enough she didn't lose any either and from what I can see it's jolly hard work!
She didn't lose any?
No she used her social media to sell to her friends but from what she has siad to me you have to have a massive social media presence as that is your main marketing tool. Â You are encouraged to build your social media up be befriending random girls and getting them interested then apparently as I think is reflected in what has been said in this chat, you make real money when you get other people under you selling as well it is all about recruitment but you have to put your back into it from what I could see
Hi guys, I did actually try it and I can vouch for what Kenneth12 is saying it is bloody hard work and again like his daughter, I didn't lose anything it's just I didn't make any money. Â
This seems to be a common theme
Yes you are told to follow the "leaders" who have a huge SM presence and flaunt their affluant lifestyles and are sort of "influencers" like celebrities.  They apparently earn £25k+ a month and are always so "grateful for this opportunity" "see how the company I'm partnered with has changed my life" as you can't say the company's name on SM because then you would be accused of advertising for it.  You are, but you can't show the names at all otherwise they would have to pay for the advertising, you just have to show your friends how much you love these products then they will want to buy them that's the idea
Ok thanks all I guess we shall see what happens but thank you for the info.
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