Posts Tagged pyramid schemes
Is RMP Business An Illegal Pyramid Scheme?
Posted by Sri in Introduction
RMP Infotec MLM has always made its business intentions plain and clear. No scheming ways and false pretenses. The structure of the business system may look like a pyramid model because of its binary plan system. However, RMP business never comes anywhere near the word pyramid scheme.
Numerous business entities operate under the Pyramid Scheme model. RMP has been aware of what these companies are after, that is why great caution was observed in making the company policies. It took a lot of thinking and planning for the management to make the business activity be apart from the rest of the typical pyramid schemes.
What is the edge of RMP business from the rest of the companies operating under the pyramid scheme model? A clear definition of what pyramid scheme will get rid of the confusion.
Pyramid scheme, like the literal meaning of the word, is a scheme done in a pyramid structure-like form. Unfortunately, it has deceived millions of innocent individuals who are blinded by the lure of fast money. Business people are very clever in presenting their interests, thus blinding the uninitiated from the truth.
RMP is more concerned in making a direct sale, at the same time helping interested individuals. There are a number of those who appreciate the product and would like to recommend it to others. When one makes a sale out of a recommendation, the commission given by RMP Infotec MLM is just a reward.
Here is in-depth comparison of RMP Infotec Business with typical pyramid schemes.
Real Products
RMP business has real products to sell. RMP membership requires you a decent purchase of the product even if it is for self-use only.
For pyramid scheme businesses, the recruitment process is the only activity in the business. There is no real trading or selling activity in the business, which is what a legal business should be. It is a sure and decent way of stealing hard-earned money from innocent people.
Binary Plan
RMP Infotec MLM does not even allow more than one set of sponsorship under the binary plan system. Recommendation is the only activity involved in order for the distributor to earn. RMP does not even require you to make further activity should you wish to let your downline work themselves to earn.
In pyramid schemes, the original recruiter earns money by recruiting another person with the clear requirement of putting an investment. The recruiter will then recruit more as the line went down or as the structure grew.
Genuine Business Plan
RMP business deals with direct selling alone via binary plan in order to help interested distributors. But aside from your initial purchase, there is no other investment demanded of you. You are free to purchase other RMP products if you so desire.
Unlike RMP Infotec MLM, pyramid business entities are operating under a fraudulent investing activity.
Best Value for your Money
RMP business made sure that you get the exact worth of the money you spend on the product. This is one way of letting you strengthen your faith in the product you are selling.
A pyramid scheme may sound financially alluring, but once the structure collapses, it is extremely disastrous.
Residual Income
The binary process used by RMP Infotec MLM is very simple, yet it yields residual income. The simple pairing commission based system is workable in all circumstances. It is easier to achieve as well.
In pyramid scheme model, it is nearly impossible to earn a residual income .
RMP binary plan might look like the pyramid structure but never in all sincerity does it resemble such deceitful activity.
3 Common Falsehoods About RMP Network Marketing
I find it really perplexing that people still believe in myths about RMP network marketing which prevent them from getting into the business and losing a really great opportunity for them to have financial independence. It’s pathetic that, on account of such misconceptions, a lot of people are left behind by an even greater number of people who have found the network marketing industry a very profitable niche.
Let me briefly discuss here three of the most common myths that could scare you away from even trying to engage in network marketing. Here goes:
1. RMP network marketing scheme is nothing but devious pyramid scheme
This is a complete falsehood. A pyramiding business is simply a money scheme, with no product or service to offer. Basically, you have to get people to sign up with the pyramid scheme in order to make money – and we all know that is illegal. No sign up, no money. In legitimate network marketing, a legitimate company offers a real tangible product or service to customers.
If you want to try any network marketing, focus on what products and services are offered. Don’t pay too much attention on signing people up.
2. In RMP marketing business, you must recruit your family and friends
Not necessarily, not anymore. Before, that was what most network marketers did – recruit family and friends into the business. Perhaps because it was the most convenient strategy undertake, family and friends being easily accessible and also requiring the least effort and marketing skill to recruit.
While this method is still observed by some today, what’s best to do is to just let everyone who knows you to be aware of your network marketing business and learn about what you are offering without the need of recruiting them or selling to them.
The best strategy to undertake is to look for people who really intend to buy the products and services that you offer, not your family and friends, unless they too want to buy what you are selling.
3. RMP is one of the doubtful companies
A lot of network marketing companies fold down their business due to several reasons, while still others put up shop just to grab your money and get away with it.
It is, therefore, very important to pick a company that is more than two years old. Be aware that most new companies fold shop within the first two years of operation.
It would also be good to conduct a sort of background check on a certain network marketing company at the Better Business Bureau and the Federal Trade Commission. Most of all, find out about who the people running the company are and try to see if they have any “skeletons” hidden in some unseen closet.
Keep on researching until the results satisfy you. Never rush into signing up with a certain company. You can’t afford to make a decision you’re going to regret later, right?
In a nutshell, RMP network marketing is really not what it is being purported by a lot of myths and misconceptions. It is, in fact, a viable business scheme that could help you achieve the kind of life and the financial freedom and independence that you have always dreamed of.
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