tag:blogger.com,1999:blog-4815867514277794362.post7313751791922272657..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: Multi-level-marketing schemes and their distributors: notes on disappointed distributors at Herbalife and elsewhere...John Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-4815867514277794362.post-20982389718184834542015-10-27T07:18:06.085+11:002015-10-27T07:18:06.085+11:00Hi there! Great page you got here you should defin...Hi there! Great page you got here you should definitely check out this video Vemma and the direct marketing Scam exposed!!<br />https://www.youtube.com/watch?v=BUBeibhGvLQ<br />Anonymoushttps://www.blogger.com/profile/15124187569876741981noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-19943385024422593232014-06-23T11:41:14.805+10:002014-06-23T11:41:14.805+10:00Even at wholesale, the products are priced in orde...Even at wholesale, the products are priced in order to compensate for the rebates of 9-12levels of distributors upstream + points value percentage for the added rebates and points pairing if binary + the company mark-up.<br /><br /><br /><br />pandanoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82682143874307813432013-08-31T11:33:09.300+10:002013-08-31T11:33:09.300+10:00Amway is not competing with supermarkets. They are...Amway is not competing with supermarkets. They are competing with the Jehovah's Witnesses and other cults. The songs the Amway agents used to sing at a local motivation meeting were disturbing for a for-profit companyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-27727940054226818282013-07-28T06:13:03.063+10:002013-07-28T06:13:03.063+10:00It seems Bill Ackmann had the argument right in th...It seems Bill Ackmann had the argument right in that these schemes leave much to be decided. However, the demand for the existence of these business models from people who want to complement the income is too strong for regulators to ignore. They prohibit the whole industry. It is not realistic. Thus, the only alternative is to tolerate it and punish blatant abuses. Lauren Taylorhttp://www.oracleofinvesting.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82849147168899902402013-07-26T09:13:41.365+10:002013-07-26T09:13:41.365+10:00Interestingly I've never known a lesbian who f...Interestingly I've never known a lesbian who fell for the Amway shtick (and I know a lot of lesbians). <br /><br />Straight friends of my various family members, on the other hand....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-40789168639090788912013-07-26T04:09:06.136+10:002013-07-26T04:09:06.136+10:00There are lots of choices people have to getting h...There are lots of choices people have to getting healthier and HLF is major constructive player in this field. With results - not just talk!<br /><br />Why? The products work, the training system works, the pay plan works...<br />Plenty of people needing help,remember - America is in a "Health care Crises" Who's going to help? The fast food industry? The pharmaceutical industry? Big-Ag industrial farming?<br /><br />Many will help, even fast food chains have salads, right? GNC, Vitamin shoppe, natural food stores, etc will help, sure.<br />HLF, Usana, Natures Sunshine, etc will help, sure.<br /><br />HLF is poised to win big because of their products and their track record of success is second to none.Rene Porcilehttp://reneporcile.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-7739359288857413202013-07-26T03:57:06.840+10:002013-07-26T03:57:06.840+10:00Wouldn't you think that Ackman could have - at...Wouldn't you think that Ackman could have - at the very least, found 1000 HLF distributors to illustrate his point? For crying out loud, he shorted $1 billion of the stock! Given all the assumptions that HLF has caused harm to people, finding 1000 failed distributors to show the world should be easy. Show us how much each one of them lost. It wasn't done because it can't be done.<br />Shorts explain why, when surveyed, 87% of FORMER<br />Distributors would recommend Herbalife products to friends and family, and 63% of former Distributors would recommend becoming an Herbalife Distributor.<br />Go to slide 47 here to see my reference... http://bit.ly/12WKL8E <br />As far as the laws being broken - the FTC has NOT been asleep. In fact, they recently closed down a MLM company without any press pressure or Ackman, etc...<br />Rene Porcilehttp://reneporcile.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82535746619000734962013-07-25T19:30:27.216+10:002013-07-25T19:30:27.216+10:00Good points and interesting arguments.
One questi...Good points and interesting arguments.<br /><br />One question: If that is the general case of the inevitability of MLM schemes, how much is Herbalife's success can be attributed to the product itself, to *new* distributors being misinformed, gullible or desperate for a get-rich-quick-scheme and to Herbalife's selective presentation and hiding of the failure rate?<br /><br />Cheers,<br />B- Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-82829452427246554542013-07-25T18:38:16.512+10:002013-07-25T18:38:16.512+10:00The second wives in Bronte cost more than the hous...The second wives in Bronte cost more than the houses....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-50734027726584873952013-07-25T16:58:34.199+10:002013-07-25T16:58:34.199+10:00@John at 1:10
MLM distributon business is selling ...@John at 1:10<br />MLM distributon business is selling another dream. MLM sells two dreams at once. One is related to the product (diet, cosmetics), the other to the business model (be distributor, make $$$).<br />To be successfull in selling the second one, you need some exceptional success stories (and lack of awarness of survivorship bias). MLM are fat-tail stories. You get 9000 failed distributors, 999 so-so, and 1 outstanding success. You present your outstanding success & sell the sizzle.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-74669241728831433692013-07-25T13:10:01.645+10:002013-07-25T13:10:01.645+10:00Hi John,
That's one insightful analysis of th...Hi John,<br /><br />That's one insightful analysis of the flaws of the MLM business model. With such built-in incentives to cause the distribution channels to self-destruct at some point, MLMs are not great business by Phil Fisher's definition. One will wonder why Buffett did not see that in Pampered Chef. Johnhttps://www.blogger.com/profile/14682393043392310140noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-52189244537142727712013-07-25T07:24:42.686+10:002013-07-25T07:24:42.686+10:00I also wouldn't conceive a business selling ex...I also wouldn't conceive a business selling expensive anti hair-loss treatments that don't work or anti ageing cream or breast enlargement cream etc but these businesses have been around a long time. I guess shorting a company based on the fact that its products are poor value is like betting that no more retail suckers will be born every minute and thats always been a losing proposition.<br /><br />After all isn't champagne just cheap bubbly wine and pure sharks fins have no tastetuvaorbusthttps://www.blogger.com/profile/00029904054464246096noreply@blogger.com