Thirty One Presents has now publicly confirmed it will likely be closing:
Whereas a date isn’t specified, distributors had earlier leaked December fifteenth.
Now, in what seems to be an try and clear inventory, Thirty One Presents has diminished distributor join charges to $1.
As of October twenty fourth, Thirty One Presents is permitting new distributors to enroll in $1. This supply is accessible until October thirty first.
Then, till December fifteenth, these new distributors can “make extra earnings for the vacations”.
Whereas not strictly talking unethical, I do suppose its poor kind to launch a recruitment drive previous to Thirty One Presents closing.
One of many key promoting factors of MLM is constructing one thing residual for the long run. Right here you pay $1, attempt to construct one thing over the following month and a half after which… it’s over.
Realistically I don’t suppose anybody signing up for Thirty One Presents now’s going to be duped persay, however I do really feel there is likely to be some final minute profiteering occurring.
“Cmon, it’s solely $1 to enroll. What have you ever obtained to lose?” Prospect indicators up, orders some product and generates some income for whoever recruited them.
The extra respectable factor to do is simply have a sale. Slap a “we’re closing!” signal on Thirty One Presents’ web site, begin slashing costs and let your clients do their factor.
Spare a thought for the unfortunate one that would possibly join $1 and does handle to get one thing going.
And I believe that’s the factor that irks me. $1 or no you’re signing as much as take part in Thirty One Presents’ MLM alternative. For those who fail over the following month and a half, you’ll in all probability take a loss in bought stock.
For those who succeed, come December fifteenth no matter you do construct is snatched away.