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 Question about Kenshido/Score-A, Business seems fishy to me

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b00n
post Aug 2 2010, 12:35 PM

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@aquagal11
Either you're too naive or you still too young to understand the concept thanks to the one sided brainwash.

I might agree with you that this is not a pyramid scheme; however it is still riding on a pyramid concept. Like you explain yourself, you find 1 ppl, each of the 4 find another 4. So to keep it simple; you draw it out and tell me the shape. You can call it a tree or whatever, but then again; it's still a pyramid because you are getting overriding commissions. The terms is different or the marketing plan might be different but the concept is still the same.

I even met someone or basically most Kenshido recruiters telling me this is not a "Direct Sale". doh.gif when you market the plan to individual, it is a sale; because ppl have to pay to join. When you market the product to the individual, it's a sale; because ppl have to pay to get the product. SO rebut me on this is not a "direct sale" definition. Without "sales" no company can sustain and pay the "commissions"; it's just easy economics.

You have to understand that most ppl doesn't really mind MLM. However it is the way it is marketed and the lack of transparency involved. Like the mass usage of "this is not direct sales but it is known as network marketing" just shows how naive one can be to deny the simple truth. i.e. the evolution of "words". Started with "Pyramid" then once everyone gets to know and loath the concept; it then evolve into the "Direct Sales". When it gets the same reception, the new term "MLM" i.e. "Multi Level Marketing" comes about. Then everyone gets tired thus a simpler terms comes in play now... "Network Marketing". However, who can deny it is the same thing since the start? It is how the plan is being derived and how it is being marketed.

Like I say, be transparent from the start. Why hide this hide that.
b00n
post Oct 27 2010, 09:48 PM

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QUOTE(unique~ @ Oct 27 2010, 01:34 PM)
I went to the preview last night on this Score-A program and i'm still thinking to go ahead or not because of the large sum of money invested in the beginning.

After reading every reply from this topic. Can I say that if this program does not market under MLM scheme, will it be more acceptable?
*
Now tell us, are you encouraged to sell the product or "recruit"?
b00n
post Oct 27 2010, 11:52 PM

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QUOTE(Coolman_wrx @ Oct 27 2010, 11:26 PM)
» Click to show Spoiler - click again to hide... «



Added on October 27, 2010, 11:34 pm
the cost is still remain same with or without MLM. it only cost Rm1.65 per/day for all the subject. meaning to say the business part is for free become a membership. if u dont introduce to other ppls then u get nothings but the program u still can use without the MLM business. once u introduce someone then they give u introduce fee to u. that is commission money just like u introduce a car or house then the owner will give u some kopi-o money. just simple like that only.
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And you're saying you actually "bought" a product you yourself is not using then ask other people to buy it from you or "introduce" someone who doesn't need the product to be under you with him also paying for something he doesn't need?

I'm little bit unclear as you are linking it to "introduction fee". Which what I know, if I introduce people to buy car or property from someone; I myself doesn't have to "pay" or "buy". rclxub.gif

b00n
post Oct 28 2010, 02:04 PM

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Then the final decision still lies with you because it depends on whether or not you are comfortable with it.
b00n
post Nov 4 2010, 12:16 PM

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QUOTE(SkillsScrapper54 @ Nov 4 2010, 10:31 AM)
» Click to show Spoiler - click again to hide... «


this is my reason: my fellow classmate (doing SKOR A part time) bought a condominium worth about RM500,000. hes still 21 years old for pete's sake. now hot girls are gunning for him, wtf :jealous:
I don't think i could ever buy a house in the next 3-4 years by working only with bachelor's degree. That is my reason.
*

Sorry to tell you that without income proofs such as employer verification, income tax, fix salary slip and EPF commitment; it's tough to get a loan. So unless you're telling me he is forking out more than half of the downpayment and with co-borrower; then I'm impressed. So far, haven't seen any bank that are that lax in terms of granting housing loan. Btw, most banks policy is also tough on those "variable" income sector, even more so on MLM companies. If you declare yourself as business owner, then tax submission and audits might be needed for verification.

Buying car is another different game altogether compared to buying property, where bank's policies are more relax.

So you can't blame me for being skeptical on that "boasting" part.

b00n
post Nov 21 2010, 07:37 PM

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I'm just curious on how many is being sold to those parents that really need it instead of being sold to new downlines/"business partner".
The failure to it, or at least my opinion is this is actually advocating others to 1st buy something they do not need then only resell it. Unlike many other MLM that promotes general consumer goods which one actually benefitted from buying and joining, I still do not see it in this model.
Seems to me it's like those we often see during lunch time selling story books etc...but at least some of those guys is fully based on commisions and are not obliged to FIRST fork out a high amount of "joining fee".
Anyway, just an opinion of mine.


Added on November 21, 2010, 7:40 pmBut again like I always say, if one is comfortable with it then just do it. Just before doing anything, I always likes others to look at 2 sides of a coin. My occupational habit as a risk analyst I guess.

This post has been edited by b00n: Nov 21 2010, 07:40 PM
b00n
post Dec 16 2010, 12:04 AM

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QUOTE(Zepx @ Dec 14 2010, 12:25 AM)
I just got those talks from my friends.... I can't believe they are doing this, but it seems like your theory here is wrong. Each individual is given an "Isolation". I'm not sure whether this Isolation is real or a bluff. What do I mean by Isolation? Basically you need to think in a way that for every person who subscribed to this, they will only need to promote to two friends. So each person new subsciber needs to find two. And no doubt, the top person will be earning the most because of commission. HOWEVER, there's a limit to how much you can earn. What does this mean? It simply means that the company has already estimated how much they need to pay per week. They have full control on it.

1 person find 5 and then 25, is not what I understood from the talk.

Please feel free to shoot me if I'm wrong.
*

So instead of putting 5 as a figure, now replace it with the multiplication of 2. No diff if you ask me, it's still a pyramid.
QUOTE(Zepx @ Dec 14 2010, 12:25 AM)
Seriously more like the Skore-A is just a front end. The real deal is behind this front-end. I really think they are totally not related. The business here is all about referal...
» Click to show Spoiler - click again to hide... «

*

I think I explained referral before. I.e. referral doesn't require ones to pay/buy upfront. Referral is I know you are selling, You tell me to help promote, I help promote without even needing to buy from you. When I introduce a buyer, I get commission. That's referral. So in the talk, did they stress this or stress that you need to pay 1st upfront.


Added on December 16, 2010, 12:07 am
QUOTE(Maximillian88 @ Dec 14 2010, 12:06 PM)
No-ones denying this is MLM.. I personally believe in the Score-A programme and its ability to help kids to score As in exams.. And I'm willing to put my money into this MLM business instead of Amway Cosway Sungei Way or even Lambergggeer(who buys that crap anyway?) simply because there isn't any need to keep maintaining a certain sales amount every month... Well of course how impressive the score-A program is certainly helps!!
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On the contrary, I would rather join Amway or Cosway because I would have a better chance of using the product then I myself using Score A.
That is if I'm to choose which MLM I want to join.
It's a pretty clear cut decision if you ask me. Because eventually I'm going to use the product if I pay for it; but what is Score A of use to me when I have no kids or my kids is still so young. Whereas, Amway and Cosway dealt with normal daily usage which everyone needed. So you tell me which one is a better deal here.


This post has been edited by b00n: Dec 16 2010, 12:07 AM
b00n
post Dec 16 2010, 03:38 PM

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By introducing you meant "selling" right? blink.gif
Because business runs on simple logic, any business also the same; i.e. without money going in; how can they be money going out?!....

So it's the same concept as any other business out there; including MLM.
b00n
post Mar 24 2012, 10:46 AM

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Errr, selling to help others or recruiting to help ownself?
b00n
post Mar 25 2012, 11:36 AM

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Question was never answered. Sell because the product is good nd useful? Or recruit because it meants climbing higher?!

 

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