Emet
06-27-2010, 08:25 AM
Donald Trump, son of a wealthy real estate developer, business magnate (multiple bankruptcies), television personality (reality TV show), and infamous hair (keeps folks talking don’t you know) is no stranger to MLM. He was chief spokesman for ACN, and recently launched The Trump Network (formally Ideal Health).
Here’s a few opinions.
Zac Bissonette (financial writer)
What happens when you combine one of the world's most ridiculed business personalities with one of the world's most ridiculed business models?
The Trump Network, the new Donald Trump-branded multi-level marketing business that is "designed to make people healthier with customized vitamins and nutritional supplements, and to encourage individuals to become entrepreneurs and to take control of their financial well-being."
If you do want to join the Trump Network, you can start with just $48. That will get you a marketing kit and three months of access to a Web site where you can direct your customers and recruits. But the AP adds that "participants are often sold a $497 package that includes the marketing kit, products, CDs, sales tips and coupons."
Although the strength of Donald Trump's brand has been in decline for some time, he's probably a good fit for multi-level marketing. While most serious businesspeople see him as a pariah, there are quite a few wanna-bes who look up him -- and might just be desperate enough for cash to give multi-level marketing a try.
Donald Trump enters the world of multi-level marketing (http://www.walletpop.com/blog/2009/11/23/donald-trump-enters-the-world-of-multi-level-marketing/)
Robert FitzPatrick (MLM educator)
Trump’s association with MLM is a red flag of flim-flam. A guy known for extravagant consumption, an overbearing braggart, a figment of PR spin, a regular on the covers of celebrity scandal magazines, a promoter of professional wrestling, a bankrupt executive in the gambling industry, a schemer notorious for skipping out on debts, a man famous for win-lose “deals.” This is the spokesman for a business based on person-to-person selling to friends and relatives?
The Face of Multi-level Marketing | Economics/Financial | False Profits Blog (http://www.falseprofits.com/files/438e29e0a6fb54286b76f7b7e06457fb-16.html)
Donald Trump: MLM's Bankrupt Hero | Economics/Financial | False Profits Blog (http://www.falseprofits.com/files/00082264d02c95dd2eedf6cefd13b009-19.html)
Janet Helm (registered dietician)
I wish The Donald would have done more of his homework on this. He’s joining forces with a multilevel marketing company called Ideal Health that’s been around for 10+ years (and has had its share of FTC complaints). The “custom-made” nutritional supplements rely on what’s called a PrivaTest, which is an at-home urine test that claims to tell you what supplements your body needs every day. Hog wash.
Go to your doctor for a physical exam. Schedule a consultation with a registered dietitian. That’s the best way to tell if your diet is inadequate in certain nutrients. Don’t take the advice of Donald Trump or a Trump salesperson who profits on the purported profile of your pee.
This new venture may make business sense for Donald Trump, but it certainly doesn’t make any nutritional sense.
Donald Trump: You’re Fired! as Nutritionist | Nutrition Unplugged (http://nutritionunplugged.com/2009/07/donald-trump-youre-fired-as-nutritionist/comment-page-2/#comment-2122)
I wonder if any hair care products are in the works for this MLM?
Here’s a few opinions.
Zac Bissonette (financial writer)
What happens when you combine one of the world's most ridiculed business personalities with one of the world's most ridiculed business models?
The Trump Network, the new Donald Trump-branded multi-level marketing business that is "designed to make people healthier with customized vitamins and nutritional supplements, and to encourage individuals to become entrepreneurs and to take control of their financial well-being."
If you do want to join the Trump Network, you can start with just $48. That will get you a marketing kit and three months of access to a Web site where you can direct your customers and recruits. But the AP adds that "participants are often sold a $497 package that includes the marketing kit, products, CDs, sales tips and coupons."
Although the strength of Donald Trump's brand has been in decline for some time, he's probably a good fit for multi-level marketing. While most serious businesspeople see him as a pariah, there are quite a few wanna-bes who look up him -- and might just be desperate enough for cash to give multi-level marketing a try.
Donald Trump enters the world of multi-level marketing (http://www.walletpop.com/blog/2009/11/23/donald-trump-enters-the-world-of-multi-level-marketing/)
Robert FitzPatrick (MLM educator)
Trump’s association with MLM is a red flag of flim-flam. A guy known for extravagant consumption, an overbearing braggart, a figment of PR spin, a regular on the covers of celebrity scandal magazines, a promoter of professional wrestling, a bankrupt executive in the gambling industry, a schemer notorious for skipping out on debts, a man famous for win-lose “deals.” This is the spokesman for a business based on person-to-person selling to friends and relatives?
The Face of Multi-level Marketing | Economics/Financial | False Profits Blog (http://www.falseprofits.com/files/438e29e0a6fb54286b76f7b7e06457fb-16.html)
Donald Trump: MLM's Bankrupt Hero | Economics/Financial | False Profits Blog (http://www.falseprofits.com/files/00082264d02c95dd2eedf6cefd13b009-19.html)
Janet Helm (registered dietician)
I wish The Donald would have done more of his homework on this. He’s joining forces with a multilevel marketing company called Ideal Health that’s been around for 10+ years (and has had its share of FTC complaints). The “custom-made” nutritional supplements rely on what’s called a PrivaTest, which is an at-home urine test that claims to tell you what supplements your body needs every day. Hog wash.
Go to your doctor for a physical exam. Schedule a consultation with a registered dietitian. That’s the best way to tell if your diet is inadequate in certain nutrients. Don’t take the advice of Donald Trump or a Trump salesperson who profits on the purported profile of your pee.
This new venture may make business sense for Donald Trump, but it certainly doesn’t make any nutritional sense.
Donald Trump: You’re Fired! as Nutritionist | Nutrition Unplugged (http://nutritionunplugged.com/2009/07/donald-trump-youre-fired-as-nutritionist/comment-page-2/#comment-2122)
I wonder if any hair care products are in the works for this MLM?