MLM or Multi Level Marketing, the topic that I don't want to touch the most in my life (it keeps orbiting my life). First, it's kicking my ass twice in my life. Yes, I involved in MLM company then quit and second time it's separate my crush. Second, I am not an expert in economics or MLM studies. What I wrote here was just my personal opinion refer to my reading and available sources.
Introduction of YSLM
Nowadays, YSLM or Yun Shu Mao Marketing, belongs to Zhang Jian, 26 years old. Registered in Malaysia under CDTUP International Ptd Ltd. The guy that name Zhang Jian was a Chinese, from China. He was a network marketing entrepreneur. YSLM actually started in China and had gone abroad including Malaysia (Malaysia were good, easy and bright market for MLM).
Where it's it?
Their main office located at Setiawalk, Puchong, Selangor.
Product?
Important component of any MLM company was product. Without product, it was just a good pyramid scheme and it's illegal in Malaysia Law. What's YSLM product? They claimed that their product was almost everything (made in China mostly) and it's claimed that all their profit came from the sale of these goods. It's true?
Controversies
Richest man in the world, this is what this guy claimed. It's true or just a provoke to get investor. |
A huge advertisement board on Penang Bridge had shocked all of users that had to go through the bridge to their workplace. It's told about the declaration of a man that will become the richest man in the world. It's true or just provocation?
It was true that YSLM involved with money game? Use product just decoy for the real business. Same with other companies, it's also had a marketing plan and the marketing became the main reason why people attract with YSLM. To join YSLM, there were four packages that can choose by who interested, VIP (RM300), VVIP (RM900), Gold (RM2100) & Diamond (RM4500).
Proof? |
It's money maker or just a pyramid scheme? |
The marketing plan |
Leaders that hit the target received their bonus, a luxury car. |
Money and gold |
Their product, quality? |
Almost everything. |
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