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Barkers
Eggs in Internet Marketing
In
many ways, Internet marketing has become the “new”
MLM. Scams and schemes that have been outlawed for years
in network marketing (but still happen far too often)
are rampant in Internet marketing, and they’re actually
made worse by two key factors...
First,
the World Wide Web isn’t referred to as the Wild,
Wild Web without reason. As it slowly comes under
the influence of more ethical and law abiding marketers
and business owners and law enforcement agencies
from around the world it’s becoming a safer place
to do business. But it’s still a pretty lawless, “buyer
beware” place to be. Watch your wallet!
Second,
the more Internet marketers I talk to especially
the rank and file people trying to build online businesses
the more it seems to me that most are escapees
from predatory MLM outfits (either the companies or the
upline teams). What most don’t seem to realise is that
the MLM predators can’t hold a candle to most of the Internet
marketing “Gurus” for manipulative, deceptive,
predatory practices. These hucksters take those practices
to a whole new level of sophistication.
Any
“opportunity” that offers a false vision
of success without time, effort or self-discipline is almost certainly a barker’s egg. To understand why
this is so critically important, download this eye-opening FREE Insight Report now. (Click on the cover image
to open in a new window.)
You
rarely realise how much time and effort you’re wasting
until the realisation dawns that you’re not making any
money. You’re usually just spending it, instead.
That’s because the reality behind the fancy names and
packaging used by Internet marketing “Gurus”
is typically a lot less attractive than they’re made to
sound and appear (because so few of them really deliver
on their promises).
Instead,
they release their real methods only piece by piece
in order to milk every last cent from their lists before
they need to bring the milk cows back to the milking shed
to milk them some more... day after day.
It’s
like a car dealer selling an automobile item by item.
First, the paint job. You need this colour and this type
of paint. Then, after buying the expensive paint (and
the tools to apply it), you learn that it needs to be
baked after its been sprayed... so you'll need
a car-sized baking oven as well, from their new "best
friend" with whom they've teamed up for a "joint
venture" (another IM barker's egg term to describe
a simple strategic sales alliance that trades off a higher
commission rate for bigger and more responsive lists of
gullible, desperate hopefuls).
Then,
of course, you need seats for your auto. Preferably genuine leather
with hand trim. And so it goes, item by item until, finally
they get to the fact that your automobile needs an engine
and transmission, gear shift and steering wheel
all promoted separately.
It’s
like assembling an automobile by buying spare parts. Your
$30,000 compact will eventually cost you $300,000 before
it can be driven an inch.
No-one
in their right mind would buy a car this way. Yet, when
it comes to building an Internet marketing business, it’s
what almost everyone does!
Other
techniques include deceptive income examples, like...
“Proof
of Income”
It’s
common practice for Internet marketers to post scans of
their merchant account statements, cheques, PayPal accounts,
etc on their sales letters as proof of income.
Uh-uh. Time to learn some basic accounting terms.
Those
figures they show are almost always GROSS revenue from
sales… NOT net profit.
They
don’t take into account the cost of those sales (cost
of product development, programming, design, web development,
graphics, copy writing by professionals, web hosting and
bandwidth for downloading, etc) or their marketing costs,
including advertising, “joint venture” commissions
(which can be as high as 100%!) and regular affiliate commissions (which are often 50% or more).
Those
costs will often consume as much as 80%-90% of that gross revenue.
That
leaves INCOME of only 10% to 20% of those figures
they posted. So that “Million Dollars in Three Weeks!”
is suddenly only $100,000 or so... still pretty good,
but not even close to what they want you to think.
In
the corporate world, promoting a business opportunity
or other investment using these kinds of deceptive figures
can get you serious fines and jail terms.
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Be
sure to take a look at Barker’s Eggs
in Network Marketing... you’ll find some very familiar
doggy-doo there, too.
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