Avoiding Dot-Cons: On Internet Business Scams
Internet Business scams abound. And you probably figured out why; it is because there
are a lot of people who do fall for the earn insert-6-digit-amount-in-4-weeks schemes.
Well, some people, especially those who pioneered a market niche or came up with a
revolutionary application or method, do earn serious bucks, such as Google or Amazon
and E-bay. There are also marketing consultants (the real ones, at least) who know what
they are doing and what they are talking about, and earn income by mentoring dedicated
people who want to try their luck, and their marketing skills, online.
The thing is there are actually a lot of ways to earn a quick buck online, especially for
not-so-honest people. If you are thinking of starting an online business by acquiring that
internet business opportunity that some random fellow sent you an e-mail about, you
might want to keep these things in mind in order to make sure that you will not fall a
victim to internet business scams
What changes hands?
While there are legitimate Multi-level marketing businesses, there are pyramiding
schemes that masquerade as MLM firms. You have to be very careful and check whether
the income is commission-based or member-recruitment-based. Most fly-by-night
businesses actually sell distributorship instead of products. In this case, take a step
backward and ask yourself - is it really necessary to acquire distributorship for that price?
If the product is a market leader, that is a possibility, but take note that reputable
companies would normally let you sell pr advertise their product, and let you earn part of
the profit, instead of selling you some run-of-the-mill website.
However, do not confuse MLMs with two-tier affiliate programs where you can 'link'
your site to a 'middleman' who will earn a cut from another company by the sales or
traffic you generate. This might work, and some actually take advantage of this. But you
can always eliminate the middleman and be the affiliate yoursel