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Donald Trump’s New Company, the Trump Network MLM Opportunity Could Fall Flat
Donald Trump’s New Company, the Trump Network MLM Opportunity Could Fall Flat
Why would the multi-billionaire Donald Trump start a network marketing company? It may make some wonder if this acquisition will clobber the credibility of Donald Trump.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 16, 2009 --
As if being a multi-billionaire wasn't enough, Trump is now throwing his hat in the network-marketing arena. Often referred to as MLM, multi-level companies have some pretty negative connotations. They require the recruitment of sharp business minded people and product loyalty that’s tough to sustain. This is no "paid endorsement" either; this is Trump's company.
The Trump Network, scheduled for full-on launch in November is currently accepting pre-launch applicants and predicting they will become the biggest MLM in the industry but this is usually a foolish claim by many MLM companies. Just because it’s Donald Trump doesn’t mean it will be successful. Claims are that Trump has the most lucrative pay plan and droves of people are starting to come in.
According to the presenter at http://questpay.com top network marketers who have built tens of thousands of members in other companies are jumping to the Trump Network. In less than 25 days there are an unofficial estimated 40,000 people already signed up to the Trump Network and it's just a prelaunch.
Trump himself will be launching a massive marketing campaign and the prelaunch members shall be the recipient of “leads.” You might see Trump on the likes of Oprah, the Tonight Show, Larry King, the Today show, numerous press releases, online news broadcasts, major business magazines, and every daily newspaper in America. It’s true that the media is very friendly with Donald Trump but the question is will such a massive campaign convince people to join?
It is reported that the Trump Network will payout somewhere in the neighborhood of 55% but as in all MLM’s that’s a pretty safe bet because few people can meet the qualifications so the payouts are far below the claims. Reps say the qualifications in Trump however are easily obtainable.
There is no denying that the sharpest business minds will be assembled to spearhead this operation. An icon like Trump is certain to create a buzz but the stigma of MLM may be too great to overcome even for the great Donald Trump. Has the Network Marketing Industry just been given the ultimate seal of approval or will this move clobber Trump’s credibility?
Maybe the serious network marketers will be on board of this one so we'll watch and see but one thing seems certain… this company will fall hard or be wildly successful.
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