NEW YORK, NY, October 14, 2009 /24-7PressRelease/ -- Is Blastoff Network going to provide their distributors with a solid platform to grow or will they fall into the "mlm trap" that 97% get caught in? Blastoff is a way that online users can customize favorites, news, music, videos, blogs, social networks and shopping in one place. Very similar to iGoogle but Blastoff has created an affiliate program that members can take advantage of and receive commissions from purchases within the network of online stores. The Blastoff Network also offers their members the ability to earn cash back on shopping that is done within their genealogy of members. Does Blastoff provide people with a viable platform to earn money?
"Blastoff has a good concept but it still remains to be seen if it will resonate with people. With no initial fees, income can only be made based on the activity of other members' purchases. How much can you make when someone is purchasing a song on iTunes? The reality is substantial income can only be made if a large network of distributors is developed and that just takes time. History show us that if people do not see a return in a timely fashion or achieve the level of success that they initially expected then they will fail to continue to use the product, even if it will save them money", home business development expert, Mr. Woolf describes.
The Internet has been a great way to spread the word about opportunities of this nature. Blastoff's website describes the use of social networking sites like; Facebook, Twitter, and MySpace to simply invite your friends and "As your friends begin to invite their friends, you will see your network and your income begin to virally grow", according to their website. According to experts, this is the same strategy that enables 97% of people to fail mlm and one that enables 70% of the commissions to be paid to 3% of the distributors.
Mr. Woolf explains, "the mlm industry is going through some disturbing changes right now and most people are completely unaware of it. The market has been flooded with thousands of companies fighting to gain their market share of distributors. Most people are told to go to their friends and family members to build their business. This strategy simply doesn't work. Your friends and family members are not network marketers or entrepreneurs. They are not going to build the business properly and most people expect this notion of it just to happen if they only get one or two people. If this opportunity is treated like a hobby, than it will cost people time and money like a hobby."
Leaders in the mlm industry have shied away from using these out dated tactics, even on the Internet. They are using the Internet to market the opportunity to the proper audience of networkers and opportunists, not their friends and family members. "The power of the Internet is not to use it to send out information to people that you know are not interested in your product. The power lies in your ability to place your offer in front of someone who is looking for an opportunity," Mr. Woolf describes.
"The biggest mistake people make marketing online is that they market to everyone. When you market to everyone, you market to no one. Your offer must resonate with your audience, speak their pain, and provide solutions. Providing solutions to people is the backbone of commerce," Mr. Woolf adds.
"Even if you recruit other networkers or people interested in becoming one, your income is still at risk due to downline attrition. In 2009, building a significant mlm downline is even more difficult with the Internet because just as fast as someone will hear about Blastoff, turns out it will be just as fast as they hear about the next best "pre-launch" mlm company that some celebrity is endorsing. There has been an alarming trend of distributors jumping from one mlm company to the next in hopes of finding the "magical spot" on top of the pyramid. It's scary out there because these are the same people that distributors rely on to stay in their company to provide stable income streams for distributors."
Even with the alarming statistics of the high failure rate in the mlm industry, people still seem to have a "lottery mentality" that they can position themselves at the top and just put in a few people. If you are serious about making consistent money from home and you are comfortable relying on your own efforts and not the efforts of people who do not have your best interest at heart, than the mlm industry may not be for you.
Blastoff Under Investigation, Find Out Why 97% Fail in MLM. Don't be a Victim.
http://www.mlmcollapse.com
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