OneKyss: A Factual OverviewPresentation Transcript
OneKyss A Factual Overview
Pyramid Scheme From Wikipedia, the free encyclopedia A pyramid scheme is a non-sustainable business model that involves promising participants payment, services or ideals, primarily for enrolling other people into the scheme or training them to take part, rather than supplying any real investment or sale of products or services to the public. Pyramid schemes are a form of fraud. So in a pyramid scheme, there are no PRODUCTS?
So in a pyramid scheme, there are no SERVICES? Give-A-Kyss Foundation You can choose to donate your order amount to the Give-a-Kyss Foundation, which supports worthy causes worldwide. Many of our members prefer this charitable giving option and, thanks to their generous donations, together we are making a big difference in communities around the world.
Multi-level Marketing From Wikipedia, the free encyclopedia “Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation.” “Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word-of-mouth marketing. Some people equate MLM with direct selling, although MLM is only one type of direct selling.” “‘Network Marketing’ and ‘Multi-level Marketing’ are generally considered to be synonyms, and a subset of direct selling. While ‘direct selling’ and ‘network marketing’ refer primarily to the distribution system, the term ‘multi-level marketing’ emphasizes the compensation plan more. Other terms that are sometimes used to describe multi-level marketing include ‘word-of-mouth marketing’, ‘interactive distribution’, and ‘relationship marketing’.”
Multi-level Marketing (continued) From Wikipedia, the free encyclopedia “The Direct Selling Association, an American industry body, reported that in 1990 twenty-five percent of members used MLM, growing to 77.3 percent in 1999. Companies such as Avon, Electrolux, Tupperware, and Kirby all originally used single level marketing to sell their goods and later introduced multi-level compensation plans. By 2009, 94.2% of members were using MLM, accounting for 99.6% of sellers, and 97.1% of sales. The DSA has approximately 200 members while it is estimated there are over 1000 firms using multi-level marketing in the US alone.” “MLM companies have been a frequent subject of criticism as well as the target of lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price-fixing of products, high initial start-up costs, emphasis on recruitment of lower-tiered salespeople over actual sales, encouraging if not requiring salespeople to purchase and use the company's products, potential exploitation of personal relationships which are used as new sales and recruiting targets, complex and sometimes exaggerated compensation schemes, and cult-like techniques which some groups use to enhance their members' enthusiasm and devotion.”
Is OneKyssa pyramid scheme with no products or services? -OR- Is OneKyssa legitimate company with affordable products and services who has simplified the system and made it easy to earn referrals through word-of-mouth marketing?
Personally, I made a list of pros and cons (and remedied the cons)… Pros Products I would buy even without compensation Only $10 monthly investment risk No product inventory to keep No distributor starter package to buy Charity aspect is rewarding Nice income potential Simple and easy to understand business model Not many people know about it – get in at the ground floor I could be one of the first to tell my friends about it Tax benefits of being self-employed exceed the cost of the monthly membership Affordable to all my Facebook friends Cons Might have trouble marketing products to older generations Remedy: Charitable donation Few products to choose from Remedy: Keeps it simple New company without a track record Remedy: Only $10 risk Could be seen as a pyramid scheme by those who don’t understand it Remedy: Data in this presentation Costs money every month to keep membership active Remedy: Tax benefits offset expense Costs time associated with telling people and explaining the opportunity Remedy: Remedy: Low cost makes it easy to introduce to people through social networks
Then I looked at the business, the comp plan, and I did the math: ($10/mo) x (# of Positions) x (commission) 10x3x.025 = $0.75 10x9x.025 = $3.00 10x27x.05 = $13.50 10x81x.05 = $40.50 10x243x.05 = $120.00 10x729x.05 = $364.50 10x2187x.05 = $1,093.50 10x6561x.05 = $3,280.50 10x19683x.10 = $19,683 $24,599.25/mo How long would it take to start earning money? If I could recruit 1 person per month AND if I could help them do the same AND if I could teach them how to help others do the same… I could fill all the positions in the system within a year. I could be making $295,000 a year, after a year.
If I was able to recruit 1 person per WEEK, and help others to the same, I could max out the business within 3 MONTHS. I could be making $24,000 a month before Christmas. …for donating $10 a month to charity …and telling people about it
The next steps… Watch the short 3-minute video… http://youtu.be/fobToztEZwg Visit the website… www.onekyss.com/ericc4 Click “Get Started” in the upper right corner of the website Then tell your friends about it and show them this presentation… References: http://en.wikipedia.org/wiki/Multilevel_marketing http://en.wikipedia.org/wiki/Pyramid_scheme https://onekyss.com/ericc4 Thanks for viewing