Monday, November 23, 2009

Donald Trump Gets Into MLM

Donald Trump is most well known for being rich and having a less than successful personal life.  He’s made his millions (or is it billions?) by slapping his name on luxury real estate all over the world.

Now he’s putting that same name on a multilevel marketing nutritional company.

Yes, really.

Trump has joined forces with Ideal Health, a 12-year-old nutritional products company, and renamed the company “The Trump Network.” The company uses a multilevel marketing model to move its products and will continue to do so under the new name.

MLM companies use a network of distributors to sell their products. Marketers receive commissions for the products they sell, along with a cut from products sold by other salespeople they’ve recruited. Critics believe most of the products are bought by distributors themselves, and that few of the salespeople actually make money.

Regardless, Trump is calling his new business venture a “rescue and recovery program” for people struggling in the economic crisis. He attended a launch party in Miami recently where 5,000 people packed in to hear Donald Trump himself speak.

I’m trying to imagine Donald Trump inviting his celebrity friends over for coffee and then pulling out a white board to explain “a fantastic opportunity” to them.  Do you think he’s signed his kids up yet?

Source

Source: FameCrawler RSS Feed

No comments:

Post a Comment